Ufin Financial Services Profile
Key Indicators
- Authorised Capital ₹ 17.00 Cr
- Paid Up Capital ₹ 13.22 Cr
- Company Age 28 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 63.57 Cr
- Satisfied Charges ₹ 138.09 Cr
- Revenue Growth 77.45%
- Profit Growth 2158.98%
- Ebitda 24.87%
- Net Worth 15.04%
- Total Assets 47.33%
About Ufin Financial Services
Ufin Financial Services Limited (UFSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 June 1996 and has a history of 28 years and eight months. Its registered office is in Chennai City Corporation, Tamil Nadu, India.
The Corporate was formerly known as Apex Abishek Finance 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 2023. It's a company limited by shares with an authorized capital of Rs 17.00 Cr and a paid-up capital of Rs 13.22 Cr.
The company currently has active open charges totaling ₹63.57 Cr. The company has closed loans amounting to ₹138.09 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mohan Subramanyam, Rajaraman Balakrishnan, Chinnia Subramanian, and Six other members serve as directors at the Company.
Company Details
- Location
Chennai City Corporation, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U65921TN1996PLC137269
- Company No.
007296
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
21 Jun 1996
- Date of AGM
30 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 Ufin Financial Services?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohan Subramanyam  | Managing Director | 21-Oct-2010 | Current |
Vasu Vasanth  | Managing Director | 13-Nov-2019 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chinnia Subramanian  | Director | 21-Oct-2010 | Current |
| Rajaraman Balakrishnan | Director | 05-Jul-2012 | Current |
| Muthusamy Muthukumar | Whole-Time Director | 21-Oct-2010 | Current |
| Sushant Choudhury | Director | 28-Sep-2016 | Current |
| Sachit Sahoonja | Director | 28-Aug-2020 | Current |
| Hari Ravi | Director | 05-Aug-2019 | Current |
Financial Performance of Ufin Financial Services.
Ufin Financial Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 77.45% increase. The company also saw a substantial improvement in profitability, with a 2158.98% increase in profit. The company's net worth Soared by an impressive increase of 15.04%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ufin Financial Services?
In 2023, Ufin Financial Services had a promoter holding of 31.83% and a public holding of 68.17%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Su-Nav Ship Management Private LimitedSachit Sahoonja is a mutual person
Shriram Vyapar Private LimitedSushant Choudhury is a mutual person
Ionixx Technologies Private LimitedMohan Subramanyam is a mutual person
Metayage Private LimitedRajaraman Balakrishnan is a mutual person
Getfyt Technologies Private LimitedSushant Choudhury is a mutual person
Howdy Ventures Private LimitedSushant Choudhury is a mutual person
Charges (Loans)
Open Charges
₹63.57 Cr
Satisfied Charges
₹138.09 Cr
Charges Breakdown by Lending Institutions
- Others : 47.07 Cr
- State Bank Of India : 8.50 Cr
- Canara Bank : 3.00 Cr
- State Bank Of Patiala : 3.00 Cr
- Pallavan Grama Bank : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Dec 2023 | Others | ₹1.00 Cr | Open |
| 14 Nov 2023 | Others | ₹5.00 M | Open |
| 26 Sep 2023 | Others | ₹3.00 Cr | Open |
| 28 Aug 2023 | Others | ₹4.00 Cr | Open |
| 28 Jul 2023 | Others | ₹0.65 M | Open |
How Many Employees Work at Ufin Financial Services?
Ufin Financial Services has a workforce of 300 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ufin Financial Services, 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 Ufin Financial Services's trajectory.
Rating
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
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 Ufin Financial Services
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100840722 was registered on 23 Dec 2023.
- Charges
A charge registered on 26 Jul 2022 via Charge ID 100598713 with Others was fully satisfied on 15 Dec 2023.
- Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100818734 was registered on 14 Nov 2023.
- Charges
A charge registered on 16 Sep 2020 via Charge ID 100369074 with Others was fully satisfied on 02 Nov 2023.
- Annual General Meeting
Ufin Financial Services Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100795816 was registered on 26 Sep 2023.
Frequently asked questions
What is the Incorporation or founding date of Ufin Financial Services Limited?
Ufin Financial Services Limited was incorporated on 21 Jun 1996.
What is authorized share capital and paid-up capital of Ufin Financial Services Limited?
The authorized share capital of Ufin Financial Services Limited is ₹ 17.00 Cr and paid-up capital is ₹ 13.22 Cr.
Who are the current board members & directors of Ufin Financial Services Limited?
Currently 9 directors are associated with Ufin Financial Services Limited.
- Mohan Kumar Subramanyam
- Rajaraman Balakrishnan
- Chinnia Gounder Subramanian
- Muthusamy Muthukumar
- Sushant Kumar Choudhury
- Sachit Sahoonja
- Hari Prasath Ravi
- Vasu Vasanth
- Vinayakam Prem Kumar
What is the registered address of Ufin Financial Services Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ufin Financial Services Limited is 13A/209 1St Floor Kaashyap Enclave, Velachery Main Road Velachery Velacheri, Chennai City Corporation, Tamil Nadu, India, 600042.
What is the corporate identification number (CIN) and company number of Ufin Financial Services Limited?
The corporate identification number (CIN) of Ufin Financial Services Limited is U65921TN1996PLC137269 and the company number is 007296 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ufin Financial Services Limited?
The Official website of Ufin Financial Services Limited is https://www.msmmicrofinance.com
What has been the recent revenue trend for Ufin Financial Services Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Ufin Financial Services Limited has risen by 77.45%.
How many employees does Ufin Financial Services Limited currently have?
As Per 2023 financial reports, 300 employees are currently employed by Ufin Financial Services Limited.
What change has been observed in the net worth of Ufin Financial Services Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Ufin Financial Services Limited has experienced an upsurge of 15.04%.
What are the total open charges for Ufin Financial Services Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Ufin Financial Services Limited amount to ₹ 63.57 Cr.
When was the last Balance Sheet of Ufin Financial Services Limited filed with the ROC?
The most recent Balance Sheet for Ufin Financial Services Limited was filed with the ROC on 31 Mar 2023.
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