Union Asset Management Company Profile
Key Indicators
- Authorised Capital ₹ 290.00 Cr
as on 22-10-2024
- Paid Up Capital ₹ 262.52 Cr
as on 22-10-2024
- Company Age 14 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Revenue 21.77%
(FY 2024)
- Profit 13.03%
(FY 2024)
- Ebitda -24.68%
(FY 2024)
- Net Worth 6.85%
(FY 2024)
- Total Assets 9.02%
(FY 2024)
About Union Asset Management Company
The Corporate was formerly known as Union Kbc Asset Management Company 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 290.00 Cr and a paid-up capital of Rs 262.52 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Union Asset Management Company Private Limited India are Madhukumar Nair as CEO and Mudra Bengali as Company Secretary. Raghu Palat, Anil Bafna, Alice Vaidyan, and Four other members serve as directors at the Company.
- CIN/LLPIN
U65923MH2009PTC198201
- Company No.
198201
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Dec 2009
- Date of AGM
29 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Union Asset Management Company?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Madhukumar Nair | CEO | 12-Apr-2024 | Current |
| Mudra Bengali | Company Secretary | 29-May-2020 | Current |
Board Members(7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raghu Palat  | Director | 04-Sep-2020 | Current |
| Anil Bafna | Director | 15-Oct-2017 | Current |
| Alice Vaidyan | Director | 04-Sep-2020 | Current |
| Arumugam Manimekhalai | Nominee Director | 01-Aug-2022 | Current |
| Ramachandra Vorkady | Director | 15-May-2024 | Current |
| Sanjay Rudra | Nominee Director | 15-May-2024 | Current |
Financial Performance and Corporate Structure Insights of Union Asset Management Company.
Union Asset Management Company Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 21.77% increase. The company also saw a substantial improvement in profitability, with a 13.03% increase in profit. The company's net worth moved up by a moderate rise of 6.85%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Union Asset Management Company?
In 2024, Union Asset Management Company had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Indian Institute Of Banking And FinanceActive 96 years 7 monthsArumugam Manimekhalai is a mutual person
General Insurance Corporation Of IndiaActive 52 years 26 daysArumugam Manimekhalai is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Union Asset Management Company?
Union Asset Management Company has a workforce of 246 employees as of Oct 22, 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 Union Asset Management Company, 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 Union Asset Management Company'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.
