Usha Yarns Profile
Key Indicators
- Authorised Capital ₹ 9.00 Cr
- Paid Up Capital ₹ 4.93 Cr
- Company Age 30 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 193.11 Cr
- Satisfied Charges ₹ 30.80 Cr
- Revenue Growth 77.05%
- Profit Growth 215.45%
- Ebitda 152.04%
- Net Worth 69.89%
- Total Assets 26.79%
About Usha Yarns
Usha Yarns Limited (UYL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 February 1995 and has a history of 30 years and three months. Its registered office is in Punjab, Punjab.
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 9.00 Cr and a paid-up capital of Rs 4.93 Cr.
The company currently has active open charges totaling ₹193.11 Cr. The company has closed loans amounting to ₹30.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shashi Gupta, Anurag Gupta, Sudesh Garg, and Five other members serve as directors at the Company.
Company Details
- Location Punjab, Punjab
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17115PB1995PLC015739
- Company No.
015739
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
06 Feb 1995
- Date of AGM
29 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Manufacturing
What products or services does Usha Yarns Limited offer?
Usha Yarns Limited offers a wide range of products and services, including Yarn, Melange Yarn, Yarns & Threads, Textile Yarn, Natural Fiber Yarns, Woolen Yarn, Fancy Yarn.
Usha Yarns Limited
Explore comprehensive data for Usha Yarns Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Usha Yarns?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anurag Gupta  | Managing Director | 01-Nov-2018 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Naveen Kansal | Director | 28-Dec-1995 | Current |
| Shashi Gupta | Director | 14-Aug-1995 | Current |
| Sudesh Garg | Director | 23-Dec-2019 | Current |
| Sandeep Suri | Director | 23-Dec-2019 | Current |
| Nikhil Goel | Director | 19-Jul-2021 | Current |
| Anup Gupta | Director | 19-Jul-2021 | Current |
Financial Performance of Usha Yarns.
Usha Yarns Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 77.05% increase. The company also saw a substantial improvement in profitability, with a 215.45% increase in profit. The company's net worth Soared by an impressive increase of 69.89%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Usha Yarns?
In 2022, Usha Yarns 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)
Hisar Spinning Mills LimitedAnurag Gupta, Sudesh Garg and 2 more are mutual person
Chandigarh Industrial And Tourism Development Corp LtdAnurag Gupta is a mutual person
Steel Strips Wheels LtdShashi Gupta is a mutual person
Indian Acrylics LimitedShashi Gupta is a mutual person
Avon Meters Private LimitedNikhil Goel is a mutual person
Surya Nonwovens Private LimitedAnurag Gupta and Naveen Kansal are mutual person
Charges (Loans)
Open Charges
₹193.11 Cr
Satisfied Charges
₹30.80 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 97.63 Cr
- Hdfc Bank Limited : 73.48 Cr
- Axis Bank Limited : 22.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jul 2024 | Axis Bank Limited | ₹22.00 Cr | Open |
| 25 Oct 2023 | Hdfc Bank Limited | ₹3.48 Cr | Open |
| 28 Oct 2020 | Hdfc Bank Limited | ₹15.00 Cr | Open |
| 26 Aug 2020 | Hdfc Bank Limited | ₹5.50 Cr | Open |
| 12 Sep 2019 | Hdfc Bank Limited | ₹49.50 Cr | Open |
How Many Employees Work at Usha Yarns?
Usha Yarns has a workforce of 890 employees as of Apr 08, 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 Yarns, 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 Yarns'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 Yarns
Recent activity within the organization
- Annual General Meeting
Usha Yarns Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited of Rs. 49.50 Cr registered on 12 Sep 2019 with Charge ID 100294317 was modified on 12 Aug 2024.
- Charges
A charge with Axis Bank Limited amounted to Rs. 22.00 Cr with Charge ID 100961825 was registered on 24 Jul 2024.
- Balance Sheet
Usha Yarns Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge with Hdfc Bank Limited of Rs. 15.00 Cr registered on 28 Oct 2020 with Charge ID 100397721 was modified on 20 Nov 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.48 Cr with Charge ID 100815553 was registered on 25 Oct 2023.
Frequently asked questions
What is the Incorporation or founding date of Usha Yarns Limited?
Usha Yarns Limited was incorporated on 06 Feb 1995.
What is authorized share capital and paid-up capital of Usha Yarns Limited?
The authorized share capital of Usha Yarns Limited is ₹ 9.00 Cr and paid-up capital is ₹ 4.93 Cr.
Who are the current board members & directors of Usha Yarns Limited?
Currently 8 directors are associated with Usha Yarns Limited.
- Shashi Bhushan Gupta
- Anurag Gupta
- Sudesh Kumar Garg
- Sandeep Suri
- Nikhil Goel
- Anup Gupta
- Gopal Krishan Gupta
- Naveen Kansal
What is the registered address of Usha Yarns Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Usha Yarns Limited is 3Ajit Nagar Patiala India, Punjab.
What is the corporate identification number (CIN) and company number of Usha Yarns Limited?
The corporate identification number (CIN) of Usha Yarns Limited is U17115PB1995PLC015739 and the company number is 015739 as per Ministry of Corporate Affairs (MCA).
What is the official website of Usha Yarns Limited?
The Official website of Usha Yarns Limited is https://www.ushayarns.com
What has been the recent revenue trend for Usha Yarns Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Usha Yarns Limited has risen by 77.05%.
How many employees does Usha Yarns Limited currently have?
As Per 2022 financial reports, 890 employees are currently employed by Usha Yarns Limited.
What change has been observed in the net worth of Usha Yarns Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Usha Yarns Limited has experienced an upsurge of 69.89%.
What are the total open charges for Usha Yarns Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Usha Yarns Limited amount to ₹ 193.11 Cr.
When was the last Balance Sheet of Usha Yarns Limited filed with the ROC?
The most recent Balance Sheet for Usha Yarns Limited was filed with the ROC on 31 Mar 2024.
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