MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-26-0001523
Udma Technologies Private Limited - financial services in Udupi, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹29.37 Lakh
▲ 132% YoY
Net loss · FY 2021
₹1.59 Cr
Latest filing
EBITDA · FY 2021
-₹1.34 Cr
EBITDA margin -457.4%
Authorised capital
₹1.55 Cr
Registered with MCA
Paid-up capital
₹1.46 Lakh
Issued & subscribed
Open charges
₹13.89 Lakh
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
26
Provident fund records
About Udma Technologies Private Limited
Data last updated:
Udma Technologies Private Limited is a private limited company based in Udupi, Karnataka, India. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 09 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC093989. Its GSTIN is 29AABCU9525A1ZD (Karnataka).
The company has an authorised share capital of ₹1.55 Cr and a paid-up capital of ₹1.46 Lakh. It is led by directors including Pavan Anil Bakeri and Naik Shankar.
Its last annual general meeting (AGM) was held on 15 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Amma Nilaya 52 Heroor Village & Post Udupi Taluk, Karnataka, India – 576213.
As per the financials filed for FY 2021, the company reported a revenue of ₹29.37 Lakh, a growth of 132% compared to the previous year. For the same year it recorded a net loss of ₹1.59 Cr and EBITDA of -₹1.34 Cr (EBITDA margin -457.4%). Revenue has grown at a compounded annual rate (CAGR) of 168% over three years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Yuva Pay and UDMA Technologies. As per MCA filings, the company has open charges of ₹13.89 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 10 deals on record (7 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹7.86 Cr; the latest was in October 2021.
Udma Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-26-0001523). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website yuvapay.com.
Company details
CIN U74999KA2016PTC093989
Registration Number 093989
Incorporation Date 09 June 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 December 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-26-0001523
Recognitions & Rankings of Udma Technologies
Contact details
Udma Technologies Private Limited's registered office is in Udupi, Karnataka. Its website is yuvapay.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressAmma Nilaya 52 Heroor Village & Post Udupi Taluk, Karnataka, India – 576213
- IndustryFinancial Services, Online Payment Gateways
To see the full contact details of Udma Technologies Private Limited, buy the company report.
Comprehensive company report
Udma Technologies Private Limited - one report that includes everything
- 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
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Brands
Udma Technologies operates two associated brands: Yuva Pay and UDMA Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-based mobile payment solutions are provided for individuals. | yuvapay.com | |
| A mobile wallet for consumer payments in India is provided. | udmatech.com |
Business activity
The main business activity of Udma Technologies 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 Udma Technologies Private Limited, buy the company report.
Financials of Udma Technologies Private Limited
FY 2021 filings availableUdma Technologies Private Limited reported revenue of ₹29.37 Lakh (up 132% YoY) for FY 2021.
Revenue · FY 2021
₹29.37 Lakh ▲ 132%
Net loss · FY 2021
₹1.59 Cr
EBITDA · FY 2021
-₹1.34 Cr margin -457.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 132%
3 years · compounded
▲ 168%
EBITDA CAGR growth
1 year
▼ 114%
3 years · compounded
▼ 171%
Revenue has grown at a compounded annual rate (CAGR) of 168% over three years, including 132% growth in the latest year. EBITDA fell 114% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹29.37 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.59 Cr | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -457.4% | ||||
| Net Profit Margin | |||||
| 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 | |||||
To see the full financial statements and ratios of Udma Technologies Private Limited, buy the company report.
Board of directors of Udma Technologies Private Limited
Udma Technologies has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pavan Anil Bakeri Also directs: Bakeri Construction LLP, Sakar Engineering and Infra LLP, Bakeri Land Developers LLP and 5 more | Director | 25 Feb 2019 | 7 Years 7 Months | Current |
| Naik Shankar | Director | 09 Jun 2016 | 10 Years 4 Months | Current |
| Prashanth Also directs: Orgyanik Sathwam Solutions Private Limited | Director | 09 Jun 2016 | 10 Years 4 Months | Current |
Auditor
Udma Technologies Private Limited is audited by SHILPA SHETTY AND CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHILPA SHETTY AND CO | FY 2021 | 223558 |
Shareholding
The shareholding of Udma Technologies Private Limited is on record for 5 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Udma Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.89 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2020 | 100422784 | Hdfc Bank Limited | ₹13.89 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Udma Technologies Private Limited has 10 deals on record (7 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹7.86 Cr; the latest was in October 2021.
Total deals
10
Funding rounds
7
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹7.86 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Funding round | ₹3.14 Cr | Investors: Incisive Ventures |
| Mar 2021 | Funding round | ₹3.64 Cr | Investors: Incisive Ventures, Mainstage Hub |
| Jan 2021 | Funding round | ₹40 Lakh | Investors: 2 individuals |
| Nov 2020 | Funding round | ₹25 Lakh | Investors: an individual |
| Jul 2020 | Funding round | ₹25 Lakh | Investors: an individual |
To see the full deal history of Udma Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Udma Technologies Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed against the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Xencia Technology Solutions Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Xencia Technology Solutions Pvt Ltd | Disposed |
To see the full case history of Udma Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Udma Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Udma Technologies Private Limited has a workforce of 26 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
26
Active EPFO establishments
1
Employee growth
100%
GST
Udma Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCU9525A1ZD | Karnataka | Active | 08 Jan 2018 |
To see the full GST registrations and return filing status of Udma Technologies Private Limited, buy the company report.
Recent activity
Udma Technologies Private Limited has 7 board changes on record since 2016: 4 appointments and 3 cessations. The latest: Anoop Koshy George ceased to be Additional Director on 31 Dec 2020.
AGM
Udma Technologies Private Limited last Annual general meeting of members was held on 15 Dec 2021 as per latest MCA records.
Filing
Udma Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100422784 was registered on 31 Dec 2020.
Ceased
Anoop Koshy George ceased to be Additional Director.
Appointed
Anoop Koshy George was appointed as Director.
Ceased
Pavan Anil Bakeri ceased to be Additional Director.
Appointed
Pavan Anil Bakeri was appointed as Director.
Ceased
Shivaprasad Karkala ceased to be Additional Director.
Appointed
Naik Shankar was appointed as Director.
Appointed
Prashanth was appointed as Director.
Incorporation
09 Jun 2016
Udma Technologies Private Limited was registered on 09 Jun 2016 with Roc Bangalore & aged 10 years 4 months as per MCA records.
Frequently asked questions
Udma Technologies is an active private limited company based in Udupi, Karnataka, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 09 June 2016 (10+ years old) and is registered under CIN U74999KA2016PTC093989.
Udma Technologies has 3 current directors:
- Pavan Anil Bakeri - Director
- Naik Shankar - Director
- Prashanth - Director
The latest financial statements of Udma Technologies on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 15 December 2021. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Udma Technologies is 29AABCU9525A1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Udma Technologies is U74999KA2016PTC093989. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Udma Technologies has 2 court cases on record: 2 filed against it. 1 is pending.
Udma Technologies was incorporated on 09 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Udma Technologies has 10 deals on record (7 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹7.86 Cr; the latest was in October 2021.
Anoop Koshy George ceased to be Additional Director on 31 Dec 2020. Anoop Koshy George was appointed as Director on 17 Jun 2020. Pavan Anil Bakeri ceased to be Additional Director on 30 Sep 2019. Udma Technologies has 7 board changes on record in total.
Yes, Udma Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-26-0001523).