Usha Bala Chits Private Limited

Usha Bala Chits Private Limited

Provides chit fund services and acts as foreman for chit fund series.

1986 Narasimha Rao PetEluru-534006, Andhra Pradesh (India) Active

About

Basic Data Updated:

2 months ago
Usha Bala Chits Private Limited (UBCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 October 1986 and has a history of 37 years and 11 months. Its registered office is in Narasimha Rao Pet,Eluru-534006, Andhra Pradesh.

The Corporate was formerly known as Usha Bala Chits And Investments Pvt. Ltd.. The Company is engaged in the Finance And Insurance Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 25.00 Lakh and a paid-up capital of Rs 25.00 Lakh.

The Corporate currently has active open charges totaling ₹6.59 cr. It has already closed loans amounting to ₹1.65 cr, as per the Ministry of Corporate Affairs (MCA) records.

Santhi Vadlapatla, Vadlapatla Kumar, Usha Vadlapatla, and One other member serve as directors at the Company.

Industry

Company Details

  • Location
    Narasimha Rao Pet,Eluru-534006, Andhra Pradesh
  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU65992AP1986PTC006843
Company No.006843
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date08 Oct 1986
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Vijayawada

Financials of Usha Bala Chits Private Limited

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Usha Bala Chits Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 5.74% increase. The company also saw a substantial improvement in profitability, with a 12.01% increase in profit. The company's net worth Soared by an impressive increase of 32.4%.

Corporate Structure

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People in Usha Bala Chits Private Limited

Executive Team (1)

  • VB

    Vadlapatla Balakrishnarao In Managing Director

    Appointment Date: 08-Oct-1986

    Status: Current

Board Members(3)

Charges (Loans)

Open Charges Satisfied Charges

₹659.00 Lakh

₹165.00 Lakh

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 04 Jan 2023
₹1.69 CrOpen

City Union Bank Limited

Creation Date: 30 Aug 2022
₹4.90 CrOpen

Lakshmi Vilas Bank Limited

Creation Date: 20 Feb 2002
₹1.65 CrSatisfied

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Charges

    A charge with City Union Bank Limited of Rs. 490.00 Lakh registered on 30 Aug 2022 with Charge ID 100616635 was modified on 27 Nov 2023.

    27 Nov 2023
  • Activity

    Annual General Meeting

    Usha Bala Chits Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Balance Sheet

    Usha Bala Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023
  • Activity

    Charges

    A charge with Hdfc Bank Limited amounted to Rs. 169.00 Lakh with Charge ID 100716451 was registered on 04 Jan 2023.

    04 Jan 2023
  • Activity

    Charges

    A charge with City Union Bank Limited amounted to Rs. 490.00 Lakh with Charge ID 100616635 was registered on 30 Aug 2022.

    30 Aug 2022

Frequently asked questions

What is the Incorporation or founding date of Usha Bala Chits Private Limited?

Usha Bala Chits Private Limited was incorporated 37 years 11 months ago on 08 Oct 1986 with Registrar of Companies Roc Vijayawada.

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