Usha International Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 48.46 Cr
- Company Age 89 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 674.40 Cr
- Satisfied Charges ₹ 613.83 Cr
- Revenue Growth 0.72%
- Profit Growth -59.62%
- Ebitda -332.36%
- Net Worth -45.59%
- Total Assets -4.76%
About Usha International
Usha International Limited (UIL) was founded in India on 08 November 1935 and has a glorious history of 89 years and three months. Its registered office is in New Delhi, India.
The Corporate was formerly known as The Jay Engineering Works Limited. The Company is engaged in the Automotive 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 100.00 Cr and a paid-up capital of Rs 48.46 Cr.
The company currently has active open charges totaling ₹674.40 Cr. The company has closed loans amounting to ₹613.83 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Usha International Limited India is Atreyee Das as COMPANY SECRETARY. Nandan Goila, Chhaya Shriram, Anil Jain, and Four other members serve as directors at the Company.
Company Details
- Location
New Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74210DL1935PLC007123
- Company No.
007123
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
08 Nov 1935
- Date of AGM
27 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Automotive
Consumer Electronics & Durables
Who are the key members and board of directors at Usha International?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Atreyee Das  | Company Secretary | 15-Feb-2020 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manoj Khattar | Whole-Time Director | 21-Nov-2022 | Current |
| Nandan Goila | Director | 15-Apr-2024 | Current |
| Chhaya Shriram | Whole-Time Director | 23-Jun-2008 | Current |
| Anil Jain | Director | 30-Apr-2024 | Current |
| Krishna Shriram | Whole-Time Director | 30-Jul-2008 | Current |
| Pramod Bhalla | Director | 30-Oct-2007 | Current |
Financial Performance of Usha International.
Usha International Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.72% increase. The company also saw a substantial fall in profitability, with a 59.62% decrease in profit. The company's net worth observed a substantial decline by a decrease of 45.59%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Usha International?
In 2022, Usha International had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Cosmo First LimitedAnil Jain is a mutual person
Cosmo Speciality Chemicals Private LimitedAnil Jain is a mutual person
Mawana Foods Private LimitedAtreyee Das is a mutual person
Mawana Sugars LimitedKrishna Shriram is a mutual person
Vv Servotech Private LimitedChhaya Shriram and Krishna Shriram are mutual person
- Cosmo Speciality Polymers Private Limited
Anil Jain is a mutual person
Charges (Loans)
Open Charges
₹674.40 Cr
Satisfied Charges
₹613.83 Cr
Charges Breakdown by Lending Institutions
- Others : 495.40 Cr
- Hdfc Bank Limited : 179.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Mar 2024 | Others | ₹50.00 Cr | Open |
| 20 Jun 2022 | Hdfc Bank Limited | ₹50.00 Cr | Open |
| 22 Nov 2021 | Others | ₹21.65 Cr | Open |
| 26 Mar 2021 | Hdfc Bank Limited | ₹129.00 Cr | Open |
| 09 Aug 2018 | Others | ₹75.00 Cr | Open |
How Many Employees Work at Usha International?
Usha International has a workforce of 2768 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 Usha International, 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 Usha International'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.
Latest Updates, News, and FAQs on Usha International
Recent activity within the organization
- Annual General Meeting
Usha International Limited last Annual general meeting of members was held on 27 Jul 2024 as per latest MCA records.
- Charges
A charge registered on 29 Jan 2019 via Charge ID 100240772 with Tata Capital Financial Services Limited was fully satisfied on 18 Jul 2024.
- Charges
A charge with Others of Rs. 50.00 Cr registered on 04 Mar 2024 with Charge ID 100890425 was modified on 18 May 2024.
- Director Appointment
Anil Kumar Jain was appointed as a Director was appointed as a Director on 30 Apr 2024 & has been associated with this company since 10 months 3 days .
- Director Appointment
Nandan Kumar Goila was appointed as a Director was appointed as a Director on 15 Apr 2024 & has been associated with this company since 10 months 18 days .
- Director Appointment
Manju Vira Gupta was appointed as a Director was appointed as a Director on 15 Apr 2024 & has been associated with this company since 10 months 18 days .
Recent News, Updates & Announcement
- Usha launches BEE 5-star rated Made in India RF remote control ceilings fans.
All of these fans are BEE 5-star rated and come equipped with a 100 per cent copper BLDC motor, making them energy-efficient. The company, in its statement, claimed that the fans have high air delivery capability, between 230-240 cubic meters per minute, and operate silently.
- Usha launches new range of fans with Narain Karthikeyan.
India's first Formula One driver is brand ambassador of new range which offers ultra high speed, high performance technology, and design.
Frequently asked questions
What is the Incorporation or founding date of Usha International Limited?
Usha International Limited was incorporated on 08 Nov 1935.
What is authorized share capital and paid-up capital of Usha International Limited?
The authorized share capital of Usha International Limited is ₹ 100.00 Cr and paid-up capital is ₹ 48.46 Cr.
Who are the current board members & directors of Usha International Limited?
Currently 8 directors are associated with Usha International Limited.
- Nandan Kumar Goila
- Chhaya Shriram
- Anil Kumar Jain
- Krishna Shriram
- Pramod Kumar Bhalla
- Manju Vira Gupta
- Manoj Kumar Khattar
- Atreyee Das
What is the registered address of Usha International Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Usha International Limited is 19, Kasturba Gandhi Marg New India, Delhi, 110001.
What is the corporate identification number (CIN) and company number of Usha International Limited?
The corporate identification number (CIN) of Usha International Limited is U74210DL1935PLC007123 and the company number is 007123 as per Ministry of Corporate Affairs (MCA).
What is the official website of Usha International Limited?
The Official website of Usha International Limited is https://www.usha.com
What has been the recent revenue trend for Usha International Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Usha International Limited has risen by 0.72%.
How many employees does Usha International Limited currently have?
As Per 2023 financial reports, 2768 employees are currently employed by Usha International Limited.
What change has been observed in the net worth of Usha International Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Usha International Limited has experienced an downturn of -45.59%.
What are the total open charges for Usha International Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Usha International Limited amount to ₹ 674.40 Cr.
When was the last Balance Sheet of Usha International Limited filed with the ROC?
The most recent Balance Sheet for Usha International Limited was filed with the ROC on 31 Mar 2024.
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