Ubk Chits Private Limited

Chit fund and credit granting services since 1995.

1995 | Krishna, Andhra Pradesh (India) | Active
Last Updated: December 21, 2024

Ubk Chits Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.60 M
  • Company Age 29 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.20 M
  • Satisfied Charges ₹ 5.50 M
  • Revenue Growth -6.63%
  • Profit Growth 31.23%
  • Ebitda 91.26%
  • Net Worth 4.74%
  • Total Assets -5.55%

About Ubk Chits

Ubk Chits Private Limited (UCPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 July 1995 and has a history of 29 years and seven months. Its registered office is in Krishna, Andhra Pradesh, India.

The Corporate was formerly known as Ubk Chits And Investments Private Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 2.60 M.

The company currently has active open charges totaling ₹2.20 M. The company has closed loans amounting to ₹5.50 M, as per Ministry of Corporate Affairs (MCA) records.

Vadlapatla Balakrishnarao, Usha Vadlapatla, and Vadlapatla Kumar serve as directors at the Company.

Company Details

  • Location

    Krishna, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992AP1995PTC020983

  • Company No.

    020983

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jul 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Financial Services

Who are the key members and board of directors at Ubk Chits?

Executive Team (1)

NameDesignationAppointment DateStatus
Usha Vadlapatla Country flag representing In Managing Director07-Jul-1995Current

Board Members (2)

NameDesignationAppointment DateStatus
Vadlapatla Balakrishnarao Country flag representing In Director 07-Jul-1995Current
Vadlapatla Kumar Country flag representing In Director 07-Jul-1995Current

Financial Performance of Ubk Chits.

Ubk Chits Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 6.63% decrease. The company also saw a substantial improvement in profitability, with a 31.23% increase in profit. The company's net worth moved up by a moderate rise of 4.74%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-6.63%
Revenue from Operations
4.76%
Total Assets
-5.55%
Profit or Loss
31.23%
Net Worth
4.74%
EBITDA
91.26%

What is the Ownership and Shareholding Structure of Ubk Chits?

In 2020, Ubk Chits had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.20 M

Satisfied Charges

₹5.50 M

Charges Breakdown by Lending Institutions

  • Coastal Local Area Bank Ltd. : 0.22 Cr

Latest Charge Details

DateLenderAmountStatus
27 Mar 2004Coastal Local Area Bank Ltd.₹2.20 MOpen
20 Feb 2004The Lakshmi Vilas Bank Limited₹5.50 MSatisfied

How Many Employees Work at Ubk Chits?

Unlock and access historical data on people associated with Ubk Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ubk Chits, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ubk Chits's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Ubk Chits

Recent activity within the organization

  • Annual General Meeting

    Ubk Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Ubk Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

    31 Mar 2024

  • Charges

    A charge registered on 20 Feb 2004 via Charge ID 90134747 with The Lakshmi Vilas Bank Limited was fully satisfied on 03 Aug 2022.

    03 Aug 2022

  • Charges

    A charge with The Lakshmi Vilas Bank Limited of Rs. 5.50 M registered on 20 Feb 2004 with Charge ID 90134747 was modified on 31 Mar 2011.

    31 Mar 2011

  • Charges

    A charge with Coastal Local Area Bank Ltd. amounted to Rs. 2.20 M with Charge ID 90134766 was registered on 27 Mar 2004.

    27 Mar 2004

  • Charges

    A charge with The Lakshmi Vilas Bank Limited amounted to Rs. 5.50 M with Charge ID 90134747 was registered on 20 Feb 2004.

    20 Feb 2004

Frequently asked questions

  • Ubk Chits Private Limited was incorporated on 07 Jul 1995.

  • The authorized share capital of Ubk Chits Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.60 M.

  • Currently 3 directors are associated with Ubk Chits Private Limited.

    • Vadlapatla Venkata Balakrishnarao
    • Usha Rani Vadlapatla
    • Vadlapatla Venkata Vijaya Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ubk Chits Private Limited is D.No.40-3/1-46 Beside Boyapati Building Venkateswarapuram Krishna Nagar, Labbip Et India, Vijayawada, Andhra Pradesh, 520010.

  • The corporate identification number (CIN) of Ubk Chits Private Limited is U65992AP1995PTC020983 and the company number is 020983 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Ubk Chits Private Limited has fallen by -6.63%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Ubk Chits Private Limited has experienced an upsurge of 4.74%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Ubk Chits Private Limited amount to ₹ 2.20 M.

  • The most recent Balance Sheet for Ubk Chits Private Limited was filed with the ROC on 31 Mar 2024.

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