United Overseas Finance Limited

Provides financing services for medium and heavy commercial vehicles in Pondicherry and Tamil Nadu.

1982 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 23, 2024

United Overseas Finance Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.65 Cr
  • Company Age 42 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12.50 Cr
  • Satisfied Charges ₹ 17.15 Cr
  • Revenue Growth -6.16%
  • Profit Growth -10.40%
  • Ebitda -16.77%
  • Net Worth 1.70%
  • Total Assets 0.10%

About United Overseas Finance

United Overseas Finance Limited (UOFL) is a Public Limited Indian Non-Government Company incorporated in India on 15 September 1982 and has a history of 42 years and five months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Chordia Finance Pvt Ltd. 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 5.00 Cr and a paid-up capital of Rs 4.65 Cr.

The company currently has active open charges totaling ₹12.50 Cr. The company has closed loans amounting to ₹17.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

Megha Chopra, Aashish Chopra, and Motilal Jain serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65191TN1982PLC009580

  • Company No.

    009580

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Sep 1982

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

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

Board Members (3)

NameDesignationAppointment DateStatus
Megha Chopra Country flag representing In Director 17-Aug-2018Current
Aashish Chopra Country flag representing In Whole-Time Director 30-Oct-2006Current
Motilal Jain Country flag representing In Director 01-Sep-2015Current

Financial Performance of United Overseas Finance.

United Overseas Finance Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.16% decrease. The company also saw a substantial fall in profitability, with a 10.4% decrease in profit. The company's net worth moved up by a moderate rise of 1.7%.

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
-6.16%
Revenue from Operations
-6.08%
Total Assets
0.10%
Profit or Loss
-10.40%
Net Worth
1.70%
EBITDA
-16.77%

What is the Ownership and Shareholding Structure of United Overseas Finance?

In 2023, United Overseas Finance 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)

Open Charges

₹12.50 Cr

Satisfied Charges

₹17.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 12.50 Cr

Latest Charge Details

DateLenderAmountStatus
08 Sep 2011Others₹12.50 CrOpen
20 Apr 2016Others₹2.00 CrSatisfied
28 Apr 2015Amit Kumar Parakh₹2.00 CrSatisfied
28 May 2014Amit Kumar Parakh₹2.00 CrSatisfied
10 Jul 2013L & T Finance Limited₹2.00 CrSatisfied

How Many Employees Work at United Overseas Finance?

Unlock and access historical data on people associated with United Overseas 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 United Overseas 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 United Overseas 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 United Overseas Finance

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    United Overseas Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 12.50 Cr registered on 08 Sep 2011 with Charge ID 10307615 was modified on 13 Dec 2019.

    13 Dec 2019

  • Director Appointment

    Megha Chopra was appointed as a Director was appointed as a Director on 17 Aug 2018 & has been associated with this company since 6 years 6 months .

    17 Aug 2018

  • Charges

    A charge registered on 20 Apr 2016 via Charge ID 100031894 with Others was fully satisfied on 28 Mar 2018.

    28 Mar 2018

  • Charges

    A charge registered on 10 Feb 2011 via Charge ID 10267937 with Punjab National Bank was fully satisfied on 01 Mar 2018.

    01 Mar 2018

Frequently asked questions

  • United Overseas Finance Limited was incorporated on 15 Sep 1982.

  • The authorized share capital of United Overseas Finance Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.65 Cr.

  • Currently 3 directors are associated with United Overseas Finance Limited.

    • Megha Chopra
    • Aashish Chopra
    • Motilal Prakashchand Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of United Overseas Finance Limited is New No. 160 (55) Rama Naicken Street Ist Floor Chopra Chambers, Nungambakkam India, Chennai, Tamil Nadu, 600034.

  • The corporate identification number (CIN) of United Overseas Finance Limited is U65191TN1982PLC009580 and the company number is 009580 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for United Overseas Finance Limited has fallen by -6.16%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of United Overseas Finance Limited has experienced an upsurge of 1.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for United Overseas Finance Limited amount to ₹ 12.50 Cr.

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

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