Ultra-Reach Finance Co Limited

Provides financing and seed conditioning services for agricultural production.

1985 | Hyderabad, Telangana (India) | Active
Last Updated: December 11, 2024

Ultra-Reach Finance Co Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.75 M
  • Company Age 39 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.77 Cr
  • Satisfied Charges ₹ 1.50 M
  • Revenue Growth -40.91%
  • Profit Growth -19.99%
  • Ebitda -29.19%
  • Net Worth 2.93%
  • Total Assets -12.15%

About Ultra-Reach Finance Co

Ultra-Reach Finance Co Limited (UFCL) is a Public Limited Indian Non-Government Company incorporated in India on 17 October 1985 and has a history of 39 years and four months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Chenai Finance Co. Ltd. The Company is engaged in the Agriculture 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 1.00 Cr and a paid-up capital of Rs 3.75 M.

The company currently has active open charges totaling ₹1.77 Cr. The company has closed loans amounting to ₹1.50 M, as per Ministry of Corporate Affairs (MCA) records.

Murali Parvathaneni, Ramakrishna Parvathaneni, and Gokul Parvathaneni serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65993TG1985PLC005885

  • Company No.

    005885

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Oct 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Agriculture
Financial Services

Who are the key members and board of directors at Ultra-Reach Finance Co?

Board Members (3)

NameDesignationAppointment DateStatus
Murali Parvathaneni Country flag representing In Director 17-Oct-1985Current
Ramakrishna Parvathaneni Country flag representing In Director 10-Aug-2004Current
Gokul Parvathaneni Country flag representing In Director 01-Jan-2007Current

Financial Performance of Ultra-Reach Finance Co.

Ultra-Reach Finance Co Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 40.91% decrease. The company also saw a substantial fall in profitability, with a 19.99% decrease in profit. The company's net worth moved up by a moderate rise of 2.93%.

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
-40.91%
Revenue from Operations
-40.98%
Total Assets
-12.15%
Profit or Loss
-19.99%
Net Worth
2.93%
EBITDA
-29.19%

What is the Ownership and Shareholding Structure of Ultra-Reach Finance Co?

In 2022, Ultra-Reach Finance Co had a promoter holding of 79.90% and a public holding of 20.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.77 Cr

Satisfied Charges

₹0.15 Cr

Charges Breakdown by Lending Institutions

  • Andhra Bank : 1.57 Cr
  • State Bank Of Hyderabad : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
10 Mar 2007Andhra Bank₹1.57 CrOpen
07 May 1988State Bank Of Hyderabad₹2.00 MOpen
20 Nov 1986Canara Bank₹1.50 MSatisfied

How Many Employees Work at Ultra-Reach Finance Co?

Unlock and access historical data on people associated with Ultra-Reach Finance Co, 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 Ultra-Reach Finance Co, 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 Ultra-Reach Finance Co'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 Ultra-Reach Finance Co

Recent activity within the organization

  • Annual General Meeting

    Ultra-Reach Finance Co Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Ultra-Reach Finance Co Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Andhra Bank of Rs. 1.57 Cr registered on 10 Mar 2007 with Charge ID 10045819 was modified on 10 Sep 2009.

    10 Sep 2009

  • Charges

    A charge registered on 20 Nov 1986 via Charge ID 90114407 with Canara Bank was fully satisfied on 14 Jan 2008.

    14 Jan 2008

  • Charges

    A charge with Andhra Bank amounted to Rs. 1.57 Cr with Charge ID 10045819 was registered on 10 Mar 2007.

    10 Mar 2007

  • Director Appointment

    Gokul Krishna Parvathaneni was appointed as a Director was appointed as a Director on 01 Jan 2007 & has been associated with this company since 18 years 1 month .

    01 Jan 2007

Frequently asked questions

  • Ultra-Reach Finance Co Limited was incorporated on 17 Oct 1985.

  • The authorized share capital of Ultra-Reach Finance Co Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.75 M.

  • Currently 3 directors are associated with Ultra-Reach Finance Co Limited.

    • Murali Krishna Parvathaneni
    • Ramakrishna Parvathaneni
    • Gokul Krishna Parvathaneni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ultra-Reach Finance Co Limited is H.No.: 3-17/3, Yallampet India, Hyderabad, Telangana, 501401.

  • The corporate identification number (CIN) of Ultra-Reach Finance Co Limited is U65993TG1985PLC005885 and the company number is 005885 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ultra-Reach Finance Co Limited has fallen by -40.91%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ultra-Reach Finance Co Limited has experienced an upsurge of 2.93%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Ultra-Reach Finance Co Limited amount to ₹ 1.77 Cr.

  • The most recent Balance Sheet for Ultra-Reach Finance Co Limited was filed with the ROC on 31 Mar 2024.