Useready Technology Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 18 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 5.00 Cr
- Revenue Growth 85.49%
- Profit Growth 125.00%
- Ebitda 129.26%
- Net Worth 46.32%
- Total Assets 45.06%
About Useready Technology
Useready Technology Private Limited (UTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 August 2006 and has a history of 18 years and six months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Suvip Consultancy Private Limited. The Company is engaged in the Information Technology 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 0.50 M and a paid-up capital of Rs 0.10 M.
The company has closed loans amounting to ₹5.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Venkatraman Hegde, Udaya Hegde, Lalit Bakshi, and One other member serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72100KA2006PTC040252
- Company No.
040252
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Aug 2006
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Useready Technology?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lalit Bakshi  | Director | 19-Jan-2015 | Current |
Venkatraman Hegde  | Director | 21-Aug-2006 | Current |
| Udaya Hegde | Director | 25-May-2007 | Current |
| Sanyukta Bakshi | Director | 04-Jun-2018 | Current |
Financial Performance of Useready Technology.
Useready Technology Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 85.49% increase. The company also saw a substantial improvement in profitability, with a 125% increase in profit. The company's net worth Soared by an impressive increase of 46.32%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (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 Useready Technology?
In 2023, Useready Technology 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)
Shreeraksha Labs Private LimitedVenkatraman Hegde is a mutual person
Charges (Loans)
₹0
₹50.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Dec 2021 | Hdfc Bank Limited | ₹5.00 Cr | Satisfied |
How Many Employees Work at Useready Technology?
Useready Technology has a workforce of 280 employees as of Apr 04, 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 Useready Technology, 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 Useready Technology'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.
