United Credit and Development Co Limited
About United Credit and Development Co Limited
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United Credit and Development Co Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 02 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70102WB2004PLC099019.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.05 Cr. It is led by directors including Priyanka Chaurasia and Aakash Chaurasia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 25B Camac Street 3rd Floor Flat 3B, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2024, the company reported a revenue of ₹42.4 Lakh, a growth of 123% compared to the previous year. For the same year it recorded a net profit of ₹8.4 Lakh (net margin 19.8%) and EBITDA of ₹8.45 Lakh (EBITDA margin 19.9%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 27% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
United Credit and Development Co has one previous CIN (Corporate Identification Number): U65999WB2004PLC099019. The current CIN is U70102WB2004PLC099019, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102WB2004PLC099019 | Current |
| U65999WB2004PLC099019 | Previous |
Contact details
United Credit and Development Co Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address25B Camac Street 3rd Floor Flat 3B, Kolkata, West Bengal, India – 700016
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of United Credit and Development Co Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of United Credit and Development Co is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of United Credit and Development Co Limited, buy the company report.
Financials of United Credit and Development Co Limited
FY 2024 filings availableUnited Credit and Development Co Limited reported revenue of ₹42.4 Lakh (up 123% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 123% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 27%. EBITDA rose 207% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹8.45 Lakh | ||||
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| Net Profit (PAT) | ₹8.4 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.9% | ||||
| Net Profit Margin | 19.8% | ||||
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To see the full financial statements and ratios of United Credit and Development Co Limited, buy the company report.
Board of directors of United Credit and Development Co Limited
United Credit and Development Co has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyanka Chaurasia | Director | 03 Sep 2014 | 12 Years 2 Months | Current |
| Aakash Chaurasia | Director | 03 Sep 2014 | 12 Years 2 Months | Current |
| Vinod Kumar Sarawgi Also directs: Sku Construction Private Limited | Director | 01 Jul 2017 | 9 Years 4 Months | Current |
Auditor
United Credit and Development Co Limited is audited by D K DE SARKAR & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D K DE SARKAR & CO | FY 2021 | 313142E |
Shareholding
The shareholding of United Credit and Development Co Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of United Credit and Development Co Limited, buy the company report.
Legal cases
No court or tribunal cases involving United Credit and Development Co Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for United Credit and Development Co Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for United Credit and Development Co Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
United Credit and Development Co Limited has 12 board changes on record since 2008: 3 appointments and 9 cessations. The latest: Motilal Chourasia ceased to be Director on 19 Sep 2020.
3 earlier events are in the company report.
Frequently asked questions
United Credit and Development Co is an active public limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 02 July 2004 (22+ years old) and is registered under CIN U70102WB2004PLC099019.
United Credit and Development Co has 3 current directors:
- Priyanka Chaurasia - Director
- Aakash Chaurasia - Director
- Vinod Kumar Sarawgi - Director
The latest financial statements of United Credit and Development Co on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of United Credit and Development Co is U70102WB2004PLC099019. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
United Credit and Development Co was incorporated on 02 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Kolkata.
Motilal Chourasia ceased to be Director on 19 Sep 2020. Vinod Kumar Sarawgi was appointed as Director on 01 Jul 2017. Ravi Poddar ceased to be Director on 15 Dec 2014. United Credit and Development Co has 12 board changes on record in total.
The registered office of United Credit and Development Co is at 25B Camac Street 3rd Floor Flat 3B, Kolkata, West Bengal, India – 700016.
United Credit and Development Co operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of United Credit and Development Co is compliant as of 07 September 2026. The company is actively filing with the Registrar of Companies.
United Credit and Development Co can be reached at its registered office: 25B Camac Street 3rd Floor Flat 3B, Kolkata, West Bengal, India – 700016.
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