Udaan Microfinance India Foundation
About Udaan Microfinance India Foundation
Data last updated:
Udaan Microfinance India Foundation is a private not for profit company based in Bilaspur, Chhattisgarh, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 26 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U85300CT2015NPL001789.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹46.5 Lakh. It is led by directors including Vishnu Singh and Devesh Tiwari.
Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Tirupati Tower Above Pnb Atm 1st Floor Vinoba Nagar Gayatri Mandir Chowk, Bilaspur, Chhattisgarh, India – 495001.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.81 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹2.21 Lakh (net margin -78.7%) and EBITDA of -₹2.21 Lakh (EBITDA margin -78.7%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 11% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Udaan Microfinance India Foundation's registered office is in Bilaspur, Chhattisgarh. Its e-mail address is in the company report.
- Email
- Registered AddressTirupati Tower Above Pnb Atm 1st Floor Vinoba Nagar Gayatri Mandir Chowk, Bilaspur, Chhattisgarh, India – 495001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Udaan Microfinance India Foundation, 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 Udaan Microfinance India Foundation is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Udaan Microfinance India Foundation, buy the company report.
Financials of Udaan Microfinance India Foundation
FY 2024 filings availableUdaan Microfinance India Foundation reported revenue of ₹2.81 Lakh (down 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 36% fall 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 | -₹2.21 Lakh | ||||
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| Net Profit (PAT) | -₹2.21 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -78.7% | ||||
| Net Profit Margin | -78.7% | ||||
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To see the full financial statements and ratios of Udaan Microfinance India Foundation, buy the company report.
Board of directors of Udaan Microfinance India Foundation
Udaan Microfinance India Foundation has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishnu Singh | Director | 26 Jun 2015 | 11 Years 4 Months | Current |
| Devesh Tiwari | Director | 19 Aug 2016 | 10 Years 2 Months | Current |
| Anosh Prakash | Additional Director | 16 Dec 2021 | 4 Years 10 Months | Current |
| Aman Kumar Ram | Additional Director | 16 Dec 2021 | 4 Years 10 Months | Current |
Peer comparison
Udaan Microfinance India Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Finpay Technologies Private Limited | ₹2.81 Lakh (FY 2022) | Mathura, Uttar Pradesh, India | ||||
| Kulasekharamangalam Chitties Private Limited | ₹2.81 Lakh (FY 2025) | 32.0% | Vaikom, Kerala, India | |||
| Monking Securities Private Limited | ₹2.81 Lakh (FY 2024) | 350.0% | Delhi, India | |||
| Kadukutty Kuries Private Limited | ₹2.81 Lakh (FY 2017) | -53.0% | Thrissur, Kerala, India | |||
| Shadia Consultancy Private Limited | ₹2.81 Lakh (FY 2020) | Howrah, West Bengal, India | ||||
| Udaan Microfinance India Foundationthis company | ₹2.81 Lakh (FY 2024) | -₹2.21 Lakh | -78.7% | -36.0% | Bilaspur, Chhattisgarh, India | |
| Kaar Lea-Finvest Limited | ₹2.81 Lakh (FY 2025) | -16.0% | New Delhi, Delhi, India | |||
| Green Back Commodities Private Limited | ₹2.81 Lakh (FY 2025) | -33.0% | Mumbai, Maharashtra, India | |||
| Fortgate Kuries Private Limited | ₹2.81 Lakh (FY 2017) | -10.0% | Thrissur, Kerala, India | |||
| Senakalpa Nidhi Limited | ₹2.81 Lakh (FY 2024) | 123.0% | Thrissur, Kerala, India | |||
| Ath India Nidhi Limited | ₹2.81 Lakh (FY 2021) | 492.0% | Patna, Bihar, India |
To see the full peer comparison of Udaan Microfinance India Foundation, buy the company report.
Shareholding
The shareholding of Udaan Microfinance India Foundation is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Udaan Microfinance India Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Udaan Microfinance India Foundation 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 Udaan Microfinance India Foundation; 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 Udaan Microfinance India Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Udaan Microfinance India Foundation has 6 board changes on record since 2015: 5 appointments and 1 cessation. The latest: Vishwajeet Bhowmick ceased to be Director on 04 Aug 2022.
Frequently asked questions
Udaan Microfinance India Foundation is an active private not for profit company based in Bilaspur, Chhattisgarh, India. The company works in financial activities, within the financial services industry. It was incorporated on 26 June 2015 (11+ years old) and is registered under CIN U85300CT2015NPL001789.
Udaan Microfinance India Foundation has 4 current directors:
- Vishnu Singh - Director
- Devesh Tiwari - Director
- Anosh Prakash - Additional Director
- Aman Kumar Ram - Additional Director
The latest financial statements of Udaan Microfinance India Foundation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2024. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Udaan Microfinance India Foundation is U85300CT2015NPL001789. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Udaan Microfinance India Foundation was incorporated on 26 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Udaan Microfinance India Foundation by revenue are Finpay Technologies Private Limited, Kulasekharamangalam Chitties Private Limited, Monking Securities Private Limited, Kadukutty Kuries Private Limited, Shadia Consultancy Private Limited and 5 more, all in the same principal business activity (other financial activities).
Vishwajeet Bhowmick ceased to be Director on 04 Aug 2022. Aman Kumar Ram was appointed as Additional Director on 16 Dec 2021. Anosh Prakash was appointed as Additional Director on 16 Dec 2021. Udaan Microfinance India Foundation has 6 board changes on record in total.
The registered office of Udaan Microfinance India Foundation is at Tirupati Tower Above Pnb Atm 1st Floor Vinoba Nagar Gayatri Mandir Chowk, Bilaspur, Chhattisgarh, India – 495001.
Udaan Microfinance India Foundation operates in the financial services industry, in the financial activities segment.
The compliance status of Udaan Microfinance India Foundation is compliant as of 11 August 2026. The company is actively filing with the Registrar of Companies.
Udaan Microfinance India Foundation can be reached at its registered office: Tirupati Tower Above Pnb Atm 1st Floor Vinoba Nagar Gayatri Mandir Chowk, Bilaspur, Chhattisgarh, India – 495001.
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