About Uforic
Uforic is a Financial Services company based in Mumbai (India) founded in 2009 by Hitesh Ashar. It provides tools for generating options trading strategies and hedging techniques. It operates on a SaaS and B2C model. Uforic offers products and services including FnOGuru. Its focus areas include FinTech, Investment Tech, Derivatives Trading and Options Strategies. Its legal entity in India is Uforic Technologies Private Limited (U72900MH2009PTC189982). Its competitors include Kredent InfoEdge, Punch and Stolo; 2 of its 3 listed competitors have raised funding.
Company details
Uforic Technologies develops FnOGuru, a user-friendly platform that simplifies complex derivatives calculations and suggests trading strategies like bullish, bearish, and neutral based on user parameters. It enables ongoing delta hedging and considers margins for optimal returns. Located in Mumbai, India, the company targets serious options traders and corporates with free access currently. The service focuses on making trading accessible without manual computations.
- Headquarters Mumbai, India
- Founders Hitesh Ashar
- SectorsFinancial Services
- Email••••••••
- Website uforic.in
- Social LinkedIn Facebook YouTube
- Legal Name Uforic Technologies Private Limited
- Date of Incorporation 29 Jan, 2009
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹5,964
FY 2025 · -99% YoY
- Net Loss-₹3.3 Lakh
FY 2025 · -5567% margin
- EBITDA-₹3 Lakh
FY 2025 · -4999% margin
Associated legal entities of Uforic
Uforic operates through Uforic Technologies 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 |
|---|---|---|---|---|---|---|---|
| Uforic Technologies Private Limited CIN U72900MH2009PTC189982 | Active | 29 Jan 2009 | Mumbai, Maharashtra | ₹0.0 Cr | 2 | View details |
Products & Services of Uforic
Uforic offers a comprehensive portfolio of products and services, including FnOGuru.
Tool for generating options strategies and hedging in derivatives trading.
Apps and channels of Uforic
its YouTube channel FnOGuru Videos has 2 subscribers.
Board of directors of Uforic Technologies Private Limited (Uforic)
Uforic Technologies Private Limited is the primary company behind Uforic. The board of Uforic Technologies Private Limited currently have 2 directors; the longest-serving is Hitesh Laxmidas Ashar, appointed in 2009. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hitesh Laxmidas Ashar DIN 02483762 | Managing Director | 29 Jan 2009 | 17 yrs 9 mo | Uforic Technologies Private Limited |
| Subodh Kantilal Joshi DIN 02143767 | Director | 01 Sep 2014 | 12 yrs 2 mo | Uforic Technologies Private Limited |
People of Uforic
1 people are tracked at Uforic (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Uforic
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Uforic
Figures of Uforic Technologies Private Limited, the primary company behind Uforic, for FY 2025. Revenue was ₹5,964 (-99% year on year). Net loss was -₹3.3 Lakh (-5567% margin). EBITDA was -₹3 Lakh (-4999% margin). Revenue has grown at a compounded annual rate of -79% over three years and -47% over five years.
- ₹5,964Revenue · FY 2025 · -99% YoY
- -₹3.3 LakhNet loss · -5567% margin
- -₹3 LakhEBITDA · -4999% margin
- ₹1 LakhPaid-up capital
- -79%Revenue CAGR, 3 years
- -47%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Uforic Technologies Private Limited are on its company page.
Detailed financial statements for Uforic
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Uforic
Uforic has 3 listed competitors in our database, 2 of them funded. They include Kredent InfoEdge, Punch and Stolo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kredent.com | 2009 | Kolkata, India | $2.71M | 266 | Operations are diversified across multiple industries by the conglomerate. | |
| punch.trade | 2016 | Mumbai, India | $10.02M | 59 | Punch is recognized as a high-speed trading platform for options. | |
| stolo.in | 2022 | Bengaluru, India | App-based trading platform and research tools for options traders |
Detailed competitors of Uforic
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- Full competitor set
- Operating metrics
- Benchmarks
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Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Uforic
Uforic was founded in 2009.
Uforic is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Uforic, Uforic Technologies Private Limited, reported revenue of ₹5,964 for FY 2025, down 99% year on year.
Uforic Technologies develops FnOGuru, a user-friendly platform that simplifies complex derivatives calculations and suggests trading strategies like bullish, bearish, and neutral based on user parameters. It enables ongoing delta hedging and considers margins for optimal returns. Located in Mumbai, India, the company targets serious options traders and corporates with free access currently. The service focuses on making trading accessible without manual computations.
Uforic's top competitors include Punch, Kredent InfoEdge and Stolo.
Uforic offers FnOGuru.
Uforic operates through Uforic Technologies Private Limited.
The legal entities of Uforic currently have 2 directors, including Subodh Kantilal Joshi, Hitesh Laxmidas Ashar.