About Udhar Bazar
Udhar Bazar was a Financial Services company based in Jaipur (India) founded in 2016 by Punit Kalani, Arpit Gupta, and Ravi Virwani. It operates an online peer-to-peer lending platform. It operates on a Marketplace model. The company has 20 employees. Its chief executive, as recorded, is Arpit Gupta. Its Indian entity S.M. Appliances Private Limited reported revenue of ₹54.08 Cr. The company is recorded as dissolved. Its focus areas include Fintech, Lending and P2P Platforms. Its competitors include i2i and TrillionLoans; 2 of its 2 listed competitors have raised funding.
Company details
Udhar Bazar operates with a Marketplace model, focusing on offering financial products and advice, fintech, facilitating loans and financing, and p2p platforms. Operates an online peer-to-peer lending platform. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Jaipur, India
- Employees 20
- Founders Punit Kalani, Arpit Gupta, Ravi Virwani
- SectorsFinancial Services
- Website udharbazar.com
- Social X Facebook
- Legal Name S.M. Appliances Private Limited
- Date of Incorporation 10 Apr, 1996
- Jurisdiction Jaipur, Rajasthan, India
- Annual Revenue₹54.08 Cr
FY 2025 · +27% YoY
- Net Profit₹1.78 Cr
FY 2025 · 3% margin
- EBITDA₹2.46 Cr
FY 2025 · 5% margin
- Employee Count20
Associated legal entities of Udhar Bazar
Udhar Bazar operates through S.M. Appliances Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| S.M. Appliances Private Limited CIN U31909RJ1996PTC011869 | Active | 10 Apr 1996 | Jaipur, Rajasthan | ₹54.1 Cr | 20 | 5 | View details |
Board of directors of S.M. Appliances Private Limited (Udhar Bazar)
S.M. Appliances Private Limited is the primary company behind Udhar Bazar. The board of S.M. Appliances Private Limited currently have 5 directors; the longest-serving is Suresh Kumar Kalani, appointed in 1996.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suresh Kumar Kalani DIN 01408962 | Director | 10 Apr 1996 | 30 yrs 7 mo | S.M. Appliances Private Limited |
| Manisha Kalani DIN 01303860 | Director | 10 Apr 1996 | 30 yrs 7 mo | S.M. Appliances Private Limited |
| Punit Kalani DIN 06416201 | Director | 24 Oct 2012 | 14 yrs | S.M. Appliances Private Limited |
| Tarun Kalani DIN 06416206 | Director | 24 Oct 2012 | 14 yrs | S.M. Appliances Private Limited |
| Pallavi Kalani DIN 07523831 | Director | 31 Dec 2021 | 4 yrs 10 mo | S.M. Appliances Private Limited |
People of Udhar Bazar
3 people are tracked at Udhar Bazar (3 in leadership); the tracked headcount is 20.
| Name | Role | Group |
|---|---|---|
| ex-Co-Founder | Leadership | |
Arpit Gupta | ex-Co-Founder, CEO | Leadership |
Ravi Virwani | ex-Co-Founder, COO | Leadership |
Complete people profiles for Udhar Bazar
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Financials of Udhar Bazar
Figures of S.M. Appliances Private Limited, the primary company behind Udhar Bazar, for FY 2025. Revenue was ₹54.08 Cr (+27% year on year). Net profit was ₹1.78 Cr (3% margin). EBITDA was ₹2.46 Cr (5% margin). Revenue has grown at a compounded annual rate of -7% over three years and +12% over five years.
- ₹54.08 CrRevenue · FY 2025 · +27% YoY
- ₹1.78 CrNet profit · 3% margin
- ₹2.46 CrEBITDA · 5% margin
- ₹1 LakhPaid-up capital
- 20Employees (provident fund records)
- -7%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of S.M. Appliances Private Limited are on its company page.
Detailed financial statements for Udhar Bazar
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Competitors of Udhar Bazar
Udhar Bazar has 2 listed competitors in our database, 2 of them funded. They include i2i and TrillionLoans.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| i2ifunding.com | 2015 | Noida, India | $934,120 | 33 | Borrowers are connected with investors through P2P lending services. | |
| trillionloan.com | 2018 | Mumbai, India | $529,762 | 104 | Gold loans are facilitated via an online consumer marketplace. |
Detailed competitors of Udhar Bazar
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Frequently Asked Questions about Udhar Bazar
Udhar Bazar was founded in 2016.
Udhar Bazar is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
Arpit Gupta is the CEO of Udhar Bazar, as recorded in our data. They have also founded this company.
Udhar Bazar has 20 employees.
The primary company behind Udhar Bazar, S.M. Appliances Private Limited, reported revenue of ₹54.08 Cr for FY 2025, up 27% year on year.
Udhar Bazar operates with a Marketplace model, focusing on offering financial products and advice, fintech, facilitating loans and financing, and p2p platforms. Operates an online peer-to-peer lending platform. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Udhar Bazar's top competitors include i2i and TrillionLoans.
Udhar Bazar operates through S.M. Appliances Private Limited.
The legal entities of Udhar Bazar currently have 5 directors, including Punit Kalani, Tarun Kalani, Pallavi Kalani and others.