Uday Chits Private Limited

Establishes and conducts auction chit funds in compliance with regulations.

2015 | Chennai, Tamil Nadu (India) | Active
Last Updated: June 16, 2024

Uday Chits Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 9 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.56 Cr
  • Revenue Growth 18.51%
  • Profit Growth 34.32%
  • Ebitda -42.00%
  • Net Worth 7.99%
  • Total Assets -0.44%

About Uday Chits

Uday Chits Private Limited (UCPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 August 2015 (Nine years and six months 7 days old ). Its registered office is in Chennai, Tamil Nadu, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹1.56 Cr.

Geetha Udayakumar, Udayakumar Rahul, and Udayakumar Veeraraghavan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992TN2015PTC101688

  • Company No.

    101688

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Aug 2015

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

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

Executive Team (1)

Name Designation Appointment Date Status
Udayakumar Veeraraghavan Country flag representing In Managing Director 05-Aug-2015 Current

Board Members (2)

Name Designation Appointment Date Status
Geetha Udayakumar Country flag representing In Director 05-Aug-2015 Current
Udayakumar Rahul Country flag representing In Director 24-Nov-2022 Current

Financial Performance of Uday Chits.

Uday Chits Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.51% increase. The company also saw a substantial improvement in profitability, with a 34.32% increase in profit. The company's net worth moved up by a moderate rise of 7.99%.

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
18.51%
Revenue from Operations
16.96%
Total Assets
-0.44%
Profit or Loss
34.32%
Net Worth
7.99%
EBITDA
-42.00%

What is the Ownership and Shareholding Structure of Uday Chits?

In 2023, Uday 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

₹15.55 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.56 Cr

Latest Charge Details

Date Lender Amount Status
28 Mar 2017 Others ₹0.05 M Open
23 Feb 2017 Others ₹1.55 Cr Open

How Many Employees Work at Uday Chits?

Unlock and access historical data on people associated with Uday 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 Uday 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 Uday 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 Uday Chits

Recent activity within the organization

  • Annual General Meeting

    Uday Chits Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Uday Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Udayakumar Rahul was appointed as a Director was appointed as a Director on 24 Nov 2022 & has been associated with this company since 2 years 2 months .

    24 Nov 2022

  • Charges

    A charge with Others of Rs. 15.50 M registered on 23 Feb 2017 with Charge ID 100080390 was modified on 15 Feb 2019.

    15 Feb 2019

  • Charges

    A charge with Others amounted to Rs. 0.05 M with Charge ID 100100339 was registered on 28 Mar 2017.

    28 Mar 2017

  • Charges

    A charge with Others amounted to Rs. 15.50 M with Charge ID 100080390 was registered on 23 Feb 2017.

    23 Feb 2017

Frequently asked questions

  • Uday Chits Private Limited was incorporated on 05 Aug 2015.

  • The authorized share capital of Uday Chits Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

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

    • Geetha Udayakumar
    • Udayakumar Rahul
    • Udayakumar Veeraraghavan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Uday Chits Private Limited is No.17 M.G.R Salai Nagelkani. Chrompet, Chennai, Tamil Nadu, India, 600044.

  • The corporate identification number (CIN) of Uday Chits Private Limited is U65992TN2015PTC101688 and the company number is 101688 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Uday Chits Private Limited has risen by 18.51%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Uday Chits Private Limited has experienced an upsurge of 7.99%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Uday Chits Private Limited amount to ₹ 1.56 Cr.

  • The most recent Balance Sheet for Uday Chits Private Limited was filed with the ROC on 31 Mar 2023.