Usha Martin Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 30.47 Cr
- Company Age 38 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 767.82 Cr
- Satisfied Charges ₹ 14,749.66 Cr
About Usha Martin
Usha Martin Limited (UML) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 May 1986 and has a history of 38 years and eight months. Its registered office is in Kolkata, West Bengal, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 517146 and on the National Stock Exchange(NSE) under USHAMART.
The Corporate was formerly known as Usha Beltron Limited. The Company is engaged in the Manufacturing 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 30.47 Cr.
The company currently has active open charges totaling ₹767.82 Cr. The company has closed loans amounting to ₹14,749.66 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Usha Martin Limited India are Abhijit Paul as CFO and Manish Agarwal as Company Secretary.
Company Details
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Location
Kolkata, West Bengal, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
Industry
What products or services does Usha Martin Limited offer?
Usha Martin Limited offers a wide range of products and services, including Marine Tools & Equipments, Marine Fittings, Engineering and Shipping Ropes, Rope, Metal and Alloy Wires, Steel Wire, Steel Bars, Rods, Plates & Sheets, Steel Rods, Hydraulic Jacks, Lifts & Winches, Industrial Jacks.
Who are the key members and board of directors at Usha Martin?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajeev Jhawar
|
Managing Director | 19-May-1998 | Current |
| Abhijit Paul | CFO | 13-May-2024 | Current |
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Manish Agarwal
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Company Secretary | 17-Aug-2024 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Sethurathnam Ravi
|
Director | 12-Nov-2021 | Current |
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Ramni Nirula
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Director | 14-Jan-2010 | Current |
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Venkatachalam Ramakrishnaiyer
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Director | 04-Nov-2015 | Current |
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Vijay Bapna
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Director | 27-May-2019 | Current |
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Sharngbhritprasanna Sharma
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Whole-Time Director | 02-Apr-2024 | Current |
Tapas Gangopadhyay
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Director | 27-Apr-2023 | Current |
Financial Performance of Usha Martin.
Usha Martin Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.
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What is the Ownership and Shareholding Structure of Usha Martin?
In 2023, Usha Martin had a promoter holding of 47.54% and a public holding of 52.47%. The company had 4 Subsidiaries and 2 Joint Ventures. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Utkarsh Welfare FoundationRamni Nirula is a mutual person
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Spacenet Enterprises India LimitedSethurathnam Ravi is a mutual person
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Rupa & Company LtdManish Agarwal is a mutual person
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Pengg Usha Martin Wires Private LimitedSharngbhritprasanna Sharma is a mutual person
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Lagnam Spintex LimitedVijay Bapna is a mutual person
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360 One Asset Management LimitedSethurathnam Ravi is a mutual person
Charges (Loans)
₹767.82 Cr
₹14,749.66 Cr
Charges Breakdown by Lending Institutions
- Others : 482.82 Cr
- State Bank Of India : 285.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Feb 2023 | Others | ₹100.00 Cr | Open |
| 15 Oct 2019 | Others | ₹41.41 Cr | Open |
| 01 Oct 2019 | Others | ₹41.41 Cr | Open |
| 08 Aug 2019 | Others | ₹100.00 Cr | Open |
| 26 Apr 2019 | Others | ₹100.00 Cr | Open |
How Many Employees Work at Usha Martin?
Usha Martin has a workforce of 2356 employees as of Apr 06, 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 Martin, 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 Martin'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.
