Useready Technology Private Limited

Provides computer-related services, business consulting, technology, engineering, and outsourcing.

2006 | Bangaluru, Karnataka (India) | Active
Last Updated:

Useready Technology Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 18 Year, 8 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 eight 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

Information Technology
Company report

Useready Technology Private Limited

Explore comprehensive data for Useready Technology Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Useready Technology?

Board Members (4)

NameDesignationAppointment DateStatus
Lalit Bakshi Country flag representing Us Director 19-Jan-2015Current
Venkatraman Hegde Country flag representing In Director 21-Aug-2006Current
Udaya Hegde Country flag representing In Director 25-May-2007Current
Sanyukta Bakshi Country flag representing In Director 04-Jun-2018Current

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%.

Useready Technology revenue growth over time
Useready Technology 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
85.49%
Revenue from Operations
85.85%
Total Assets
45.06%
Profit or Loss
125.00%
Net Worth
46.32%
EBITDA
129.26%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹50.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
10 Dec 2021Hdfc Bank Limited₹5.00 CrSatisfied

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.

Employee growth trends for Useready Technology Private Limited

Deals i

Graph showing company valuation over time

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

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 Useready Technology

Recent activity within the organization

  • Annual General Meeting

    Useready Technology Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 10 Dec 2021 via Charge ID 100517397 with Hdfc Bank Limited was fully satisfied on 17 May 2024.

  • Balance Sheet

    Useready Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 50.00 M with Charge ID 100517397 was registered on 10 Dec 2021.

  • Director Appointment

    Sanyukta Bakshi was appointed as a Director was appointed as a Director on 04 Jun 2018 & has been associated with this company since 6 years 11 months .

  • Director Appointment

    Lalit Bakshi was appointed as a Director was appointed as a Director on 19 Jan 2015 & has been associated with this company since 10 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Useready Technology Private Limited?

    Useready Technology Private Limited was incorporated on 21 Aug 2006.

  • What is authorized share capital and paid-up capital of Useready Technology Private Limited?

    The authorized share capital of Useready Technology Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Useready Technology Private Limited?

    Currently 4 directors are associated with Useready Technology Private Limited.

    • Venkatraman Veerabhadra Hegde
    • Udaya Hegde
    • Lalit Bakshi
    • Sanyukta Bakshi

  • What is the registered address of Useready Technology Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Useready Technology Private Limited is No.17/4C 1St Floor Maruthi Chambers Main Bldg Rupena Agrahara Hosur Rd, Bommanahalli India, Bangalore, Karnataka, 560068.

  • What is the corporate identification number (CIN) and company number of Useready Technology Private Limited?

    The corporate identification number (CIN) of Useready Technology Private Limited is U72100KA2006PTC040252 and the company number is 040252 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Useready Technology Private Limited?

    The Official website of Useready Technology Private Limited is https://www.useready.com

  • What has been the recent revenue trend for Useready Technology Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Useready Technology Private Limited has risen by 85.49%.

  • How many employees does Useready Technology Private Limited currently have?

    As Per 2023 financial reports, 280 employees are currently employed by Useready Technology Private Limited.

  • What change has been observed in the net worth of Useready Technology Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Useready Technology Private Limited has experienced an upsurge of 46.32%.

  • When was the last Balance Sheet of Useready Technology Private Limited filed with the ROC?

    The most recent Balance Sheet for Useready Technology Private Limited was filed with the ROC on 31 Mar 2024.

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