Acquisition History / UGRO Capital Ltd / Profectus Capital Pvt Ltd
UGRO Capital Ltd Acquires Profectus Capital Pvt Ltd
Announced June 17, 2025 — $158.0M
What happened
BSE-listed UGRO Capital agreed to buy 100% of Profectus Capital, an Actis-backed MSME lender with Rs 3,468 crore of assets under management and 28 branches across seven states, for an aggregate Rs 1,398.60 crore. The purchase is funded from the proceeds of a preferential issue of compulsorily convertible debentures and is payable in cash in a single tranche at closing.
- Acquirer
- UGRO Capital Ltd
- Target
- Profectus Capital Pvt Ltd
- Announced
- June 17, 2025
- Price
- $158.0M
- Industry
- MSME lending NBFC
- Buyer type
- Strategic acquirer
- Backing investors
- Actis (seller)
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did UGRO Capital Ltd acquire Profectus Capital Pvt Ltd?
UGRO Capital Ltd acquired Profectus Capital Pvt Ltd on June 17, 2025. This was UGRO Capital Ltd's 1st publicly tracked acquisition out of 1 we have on record.
How much did UGRO Capital Ltd pay for Profectus Capital Pvt Ltd?
UGRO Capital Ltd paid $158.0M for Profectus Capital Pvt Ltd.
What does Profectus Capital Pvt Ltd do?
BSE-listed UGRO Capital agreed to buy 100% of Profectus Capital, an Actis-backed MSME lender with Rs 3,468 crore of assets under management and 28 branches across seven states, for an aggregate Rs 1,398.60 crore. The purchase is funded from the proceeds of a preferential issue of compulsorily convertible debentures and is payable in cash in a single tranche at closing.
What other MSME lending NBFC companies has UGRO Capital Ltd acquired?
Profectus Capital Pvt Ltd is UGRO Capital Ltd's only publicly tracked acquisition in MSME lending NBFC so far.