
Friends Utsarga Welfare Self Help Foundation
About Friends Utsarga Welfare Self Help Foundation
Data last updated:
Friends Utsarga Welfare Self Help Foundation is a private not for profit company based in Kolkata, West Bengal, India. It operates in the bank intermediatories segment of the financial services sector. It was incorporated on 29 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65100WB2021NPL246773.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Prosenjit Sadhukhan and Pinky Sadhukhan.
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 C/O Ashoke Majhi Jankalyan Jalpara Tangra Dhapa, Kolkata, West Bengal, India – 700105.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.27 Lakh, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹9,500 (net margin 1.1%) and EBITDA of ₹16,403 (EBITDA margin 2%).
CIN History
Friends Utsarga Welfare Self Help Foundation has one previous CIN (Corporate Identification Number): U85300WB2021NPL246773. The current CIN is U65100WB2021NPL246773, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65100WB2021NPL246773 | Current |
| U85300WB2021NPL246773 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressC/O Ashoke Majhi Jankalyan Jalpara Tangra Dhapa, Kolkata, West Bengal, India – 700105
- IndustryFinancial Services, Bank Intermediatories
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Friends Utsarga Welfare Self Help Foundation is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Friends Utsarga Welfare Self Help Foundation
FY 2024 filings availableFriends Utsarga Welfare Self Help Foundation reported revenue of ₹8.27 Lakh (up 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 24% in the latest year. EBITDA rose 79% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2021-22 to FY 2022-23in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹16,403 | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹9,500 | |
| Balance Sheet | ||
| Share Capital | •••• | |
| Reserves and Surplus | •••• | |
| Net Worth (Total Equity) | •••• | |
| Long-term Borrowings | •••• | |
| Short-term Borrowings | •••• | |
| Trade Payables | •••• | |
| Total Liabilities | •••• | |
| Fixed Assets | •••• | |
| Investments | •••• | |
| Inventories | •••• | |
| Trade Receivables | •••• | |
| Cash and Bank Balance | •••• | |
| Total Assets | •••• | |
Financial Ratios
| Metrics | FY 2023-24 | FY 2021-22 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2% | |
| Net Profit Margin | 1.1% | |
| Return on Equity (ROE) | •••• | |
| Return on Capital Employed (ROCE) | •••• | |
| Return on Assets (ROA) | •••• | |
| Liquidity and Debt | ||
| Current Ratio | •••• | |
| Quick Ratio | •••• | |
| Debt-to-Equity Ratio | •••• | |
| Interest Coverage Ratio | •••• | |
| Efficiency and Growth | ||
| Asset Turnover | •••• | |
| Receivable Days | •••• | |
| Payable Days | •••• | |
| Inventory Days | •••• | |
| Revenue Growth | •••• | |
| Net Profit Growth | •••• | |
Paid data: the figures shown as dots, and every line for FY 2021-22 to FY 2022-23, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Friends Utsarga Welfare Self Help Foundation are in the company report.
: available in the company report
Board of Directors of Friends Utsarga Welfare Self Help Foundation
Friends Utsarga Welfare Self Help Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prosenjit Sadhukhan | Director | 29 Jul 2021 | 5 Years 2 Months | Current |
| Pinky Sadhukhan | Director | 29 Jul 2021 | 5 Years 2 Months | Current |
Peer Comparison
Friends Utsarga Welfare Self Help Foundation is compared with the companies closest to it by revenue in the same principal business activity (other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Econium Investments and Finance Private Limited | ₹8.28 Lakh (FY 2024) | •••• | •••• | 24140.0% | •••• | Mumbai, Maharashtra, India |
| Conquest Investment and Finance Private Limited | ₹8.28 Lakh (FY 2024) | •••• | •••• | 726.0% | •••• | Mumbai, Maharashtra, India |
| Sri Arungarai Amman Chits Private Limited | ₹8.28 Lakh (FY 2024) | •••• | •••• | 74.0% | •••• | Thiruvannamalai, Tamil Nadu, India |
| Allamprabhu Chits Private Limited | ₹8.28 Lakh (FY 2018) | •••• | •••• | 413667.0% | •••• | Raibag, Karnataka, India |
| Maa Ashapura Nidhi Limited | ₹8.27 Lakh (FY 2022) | •••• | •••• | 178.0% | •••• | Bundi, Rajasthan, India |
| Friends Utsarga Welfare Self Help Foundation this company | ₹8.27 Lakh (FY 2024) | •••• | •••• | 24.0% | •••• | Kolkata, West Bengal, India |
| BLSM Chit Funds Private Limited | ₹8.27 Lakh (FY 2024) | •••• | •••• | 1406.0% | •••• | Tirupur, Tamil Nadu, India |
| Arsha Chits Private Limited | ₹8.26 Lakh (FY 2015) | •••• | •••• | -34.0% | •••• | Thrissur, Kerala, India |
| Varun Finstock Private Limited | ₹8.26 Lakh (FY 2025) | •••• | •••• | 48.0% | •••• | Ahmedabad, Gujarat, India |
| Lemon Peak Payment Services Private Limited | ₹8.26 Lakh (FY 2024) | •••• | •••• | -59.0% | •••• | Chennai, Tamil Nadu, India |
| Msnguptha Chits Private Limited | ₹8.26 Lakh (FY 2025) | •••• | •••• | 34.0% | •••• | Mysore, Karnataka, India |
Peers are the companies nearest to Friends Utsarga Welfare Self Help Foundation by revenue, above and below it, in the same principal business activity (other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Friends Utsarga Welfare Self Help Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Friends Utsarga Welfare Self Help Foundation has a workforce of 0 employees as of Apr 10, 2024.
: available in the company report
Recent Activity
Friends Utsarga Welfare Self Help Foundation has 2 board changes on record since 2021: 2 appointments. The latest: Pinky Sadhukhan was appointed as Director on 29 Jul 2021.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Friends Utsarga Welfare Self Help Foundation is an active private not for profit company based in Kolkata, West Bengal, India. The company works in bank intermediatories, within the financial services industry. It was incorporated on 29 July 2021 (5+ years old) and is registered under CIN U65100WB2021NPL246773.
Friends Utsarga Welfare Self Help Foundation has 2 current directors:
- Prosenjit Sadhukhan - Director
- Pinky Sadhukhan - Director
The latest financial statements of Friends Utsarga Welfare Self Help Foundation 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 FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Friends Utsarga Welfare Self Help Foundation is U65100WB2021NPL246773. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Friends Utsarga Welfare Self Help Foundation was incorporated on 29 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Friends Utsarga Welfare Self Help Foundation by revenue are Econium Investments and Finance Private Limited, Conquest Investment and Finance Private Limited, Sri Arungarai Amman Chits Private Limited, Allamprabhu Chits Private Limited, Maa Ashapura Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Pinky Sadhukhan was appointed as Director on 29 Jul 2021. Prosenjit Sadhukhan was appointed as Director on 29 Jul 2021.
The registered office of Friends Utsarga Welfare Self Help Foundation is at CO Ashoke Majhi Jankalyan Jalpara Tangra Dhapa, Kolkata, West Bengal, India – 700105.
Friends Utsarga Welfare Self Help Foundation operates in the financial services industry, in the bank intermediatories segment.
Friends Utsarga Welfare Self Help Foundation can be reached at its registered office: CO Ashoke Majhi Jankalyan Jalpara Tangra Dhapa, Kolkata, West Bengal, India – 700105.
Friends Utsarga Welfare Self Help Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Kolkata.