Umed Finance Limited

Provides financial and related services, including credit granting and hire/purchase/leasing of vehicles and equipment.

1987 | Nagpur, Maharashtra (India) | Active
Last Updated: December 27, 2024

Umed Finance Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 4.17 M
  • Company Age 37 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.00 M
  • Revenue Growth -8.22%
  • Profit Growth -9.16%
  • Ebitda -16.56%
  • Net Worth -0.58%
  • Total Assets -3.30%

About Umed Finance

Umed Finance Limited (UFL) is a Public Limited Indian Non-Government Company incorporated in India on 15 July 1987 and has a history of 37 years and seven months. Its registered office is in Nagpur, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 4.17 M.

The company has closed loans amounting to ₹2.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Gajraj Kothari, Lalithadevi Kothari, and Harish Kothari serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    business.google.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65191MH1987PLC205797

  • Company No.

    205797

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Jul 1987

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Umed Finance?

Board Members (3)

Name Designation Appointment Date Status
Gajraj Kothari Country flag representing In Director 15-Jul-1987 Current
Lalithadevi Kothari Country flag representing In Director 15-Mar-1995 Current
Harish Kothari Country flag representing In Director 07-Nov-2009 Current

Financial Performance of Umed Finance.

Umed Finance Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 8.22% decrease. The company also saw a slight decrease in profitability, with a 9.16% decrease in profit. The company's net worth dipped by a decrease of 0.58%.

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
-8.22%
Revenue from Operations
-8.22%
Total Assets
-3.30%
Profit or Loss
-9.16%
Net Worth
-0.58%
EBITDA
-16.56%

What is the Ownership and Shareholding Structure of Umed Finance?

In 2021, Umed Finance had a promoter holding of 26.86% and a public holding of 73.14%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0.20 Cr

Charges Breakdown by Lending Institutions

  • Uco Bank : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
05 Feb 1990 Uco Bank ₹2.00 M Satisfied

How Many Employees Work at Umed Finance?

Unlock and access historical data on people associated with Umed Finance, 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 Umed Finance, 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 Umed Finance'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 Umed Finance

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Umed Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 05 Feb 1990 via Charge ID 90282581 with Uco Bank was fully satisfied on 13 Apr 2010.

    13 Apr 2010

  • Director Appointment

    Harish Gajraj Kothari was appointed as a Director was appointed as a Director on 07 Nov 2009 & has been associated with this company since 15 years 3 months .

    07 Nov 2009

  • Director Appointment

    Lalithadevi Kothari was appointed as a Director was appointed as a Director on 15 Mar 1995 & has been associated with this company since 29 years 11 months .

    15 Mar 1995

  • Charges

    A charge with Uco Bank amounted to Rs. 0.20 Cr with Charge ID 90282581 was registered on 05 Feb 1990.

    05 Feb 1990

Frequently asked questions

  • Umed Finance Limited was incorporated on 15 Jul 1987.

  • The authorized share capital of Umed Finance Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.17 M.

  • Currently 3 directors are associated with Umed Finance Limited.

    • Gajraj Kothari
    • Lalithadevi Kothari
    • Harish Gajraj Kothari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Umed Finance Limited is Shop No. 207 Sadoday Plaza C.A Road India, Nagpur, Maharashtra, 440018.

  • The corporate identification number (CIN) of Umed Finance Limited is U65191MH1987PLC205797 and the company number is 205797 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Umed Finance Limited is https://www.business.google.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Umed Finance Limited has fallen by -8.22%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Umed Finance Limited has experienced an downturn of -0.58%.

  • The most recent Balance Sheet for Umed Finance Limited was filed with the ROC on 31 Mar 2024.

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