Union Asset Management Company Private Limited

Asset management company offering mutual fund services, including tax services and various fund options.

2009 | Mumbai, Maharashtra (India) | Active
Last Updated: October 22, 2024

Union Asset Management Company Profile

Key Indicators

  • Authorised Capital ₹ 290.00 Cr
  • Paid Up Capital ₹ 262.52 Cr
  • Company Age 15 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 21.77%
  • Profit Growth 13.03%
  • Ebitda -24.68%
  • Net Worth 6.85%
  • Total Assets 9.02%

About Union Asset Management Company

Union Asset Management Company Private Limited (UAMCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 December 2009 and has a history of 15 years and one month. Its registered office is in Mumbai, Maharashtra, India.

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.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    unionmf.com

  • Social Media
    -

Corporate Identity Details

  • 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

Financial Services

Who are the key members and board of directors at Union Asset Management Company?

Executive Team (2)

NameDesignationAppointment DateStatus
Madhukumar Nair CEO12-Apr-2024Current
Mudra Bengali Company Secretary29-May-2020Current

Board Members (7)

NameDesignationAppointment DateStatus
Raghu Palat Country flag representing In Director 04-Sep-2020Current
Anil Bafna Country flag representing In Director 15-Oct-2017Current
Alice Vaidyan Country flag representing In Director 04-Sep-2020Current
Arumugam Manimekhalai Country flag representing In Nominee Director 01-Aug-2022Current
Ramachandra Vorkady Country flag representing In Director 15-May-2024Current
Sanjay Rudra Country flag representing In Nominee Director 15-May-2024Current

Financial Performance 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%.

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
21.77%
Revenue from Operations
19.70%
Total Assets
9.02%
Profit or Loss
13.03%
Net Worth
6.85%
EBITDA
-24.68%

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.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Union Asset Management Company

Recent activity within the organization

  • Director Appointment

    Yusuke Sato was appointed as a Nominee Director was appointed as a Nominee Director on 27 Aug 2024 & has been associated with this company since 5 months 27 days .

    27 Aug 2024

  • Annual General Meeting

    Union Asset Management Company Private Limited last Annual general meeting of members was held on 29 Jul 2024 as per latest MCA records.

    29 Jul 2024

  • Director Appointment

    Ramachandra Vorkady was appointed as a Director was appointed as a Director on 15 May 2024 & has been associated with this company since 9 months 9 days .

    15 May 2024

  • Director Appointment

    Sanjay Rudra was appointed as a Nominee Director was appointed as a Nominee Director on 15 May 2024 & has been associated with this company since 9 months 9 days .

    15 May 2024

  • Director Appointment

    Madhukumar Narayanan Nair was appointed as a Ceo was appointed as a Ceo on 12 Apr 2024 & has been associated with this company since 10 months 11 days .

    12 Apr 2024

  • Balance Sheet

    Union Asset Management Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

Frequently asked questions

  • Union Asset Management Company Private Limited was incorporated on 30 Dec 2009.

  • The authorized share capital of Union Asset Management Company Private Limited is ₹ 290.00 Cr and paid-up capital is ₹ 262.52 Cr.

  • Currently 9 directors are associated with Union Asset Management Company Private Limited.

    • Madhukumar Narayanan Nair
    • Raghu Ravunni Palat
    • Anil Bafna
    • Alice Geevarghese Vaidyan
    • Arumugam Manimekhalai
    • Ramachandra Vorkady
    • Sanjay Rudra
    • Yusuke Sato
    • Mudra Saurabh Bengali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Union Asset Management Company Private Limited is Unit 503 5Th Floor Leela Business Park Andheri Kurla Road, (East) India, Mumbai, Maharashtra, 400059.

  • The corporate identification number (CIN) of Union Asset Management Company Private Limited is U65923MH2009PTC198201 and the company number is 198201 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Union Asset Management Company Private Limited is https://www.unionmf.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Union Asset Management Company Private Limited has risen by 21.77%.

  • As Per 2024 financial reports, 246 employees are currently employed by Union Asset Management Company Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Union Asset Management Company Private Limited has experienced an upsurge of 6.85%.

  • The most recent Balance Sheet for Union Asset Management Company Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Asset Management Firms