About Ujjivan Financial Services Limited
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Ujjivan Financial Services Limited was a public limited company based in Bangalore, Karnataka, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the core investment companies segment of the financial services sector. It was incorporated on 28 December 2004.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN L65999KA2004PLC035329. Its GSTIN is 29AAACU7330C1ZJ (Karnataka). The company held 24 GST registrations, of which 1 is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 15 Oct 2024 · merger, and no longer trade on a stock exchange.
The company had an authorised share capital of ₹125 Cr and a paid-up capital of ₹121.78 Cr. It was formerly known as Ujjivan Financial Services Private Limited. It was led by directors including Mona Kachhwaha and Samit Kumar Ghosh.
Its last annual general meeting (AGM) was held on 28 July 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹6,463.91 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹150.44 Cr (net margin 2.3%) and EBITDA of ₹991.75 Cr (EBITDA margin 15.3%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 26% over five years.
The company had about 2 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.
The company was associated with 2 brands: Ujjivan Small Finance Bank and Ujjivan. As per MCA filings, the company had satisfied charges of ₹12,726 Cr on record. Court records list 350 cases involving the company, including 342 filed by the company and 8 filed against it; 17 cases are pending. The company has 74 deals on record (58 market trades, 9 funding rounds, 6 secondary share transfers), with disclosed funding of ₹852.77 Cr; the latest was in April 2024.
The last known website on record is ujjivan.com.
Company details
CIN history
Ujjivan Financial Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L65999KA2004PLC035329, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65999KA2004PLC035329 | Current |
| U65999KA2004PLC035329 | Previous |
| U65999KA2004PTC035329 | Previous |
Contact details
Ujjivan Financial Services Limited's registered office is in Bangalore, Karnataka. Its website is ujjivan.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGrape Garden No.27 3rd 'A' Cross 18th Main 6th Block, Koramangala India, Bangalore, Karnataka, India – 560095
- IndustryFinancial Services, Core Investment Companies, NBFC
To see the full contact details of Ujjivan Financial Services Limited, 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
Brands
Ujjivan Financial Services operates two associated brands: Ujjivan Small Finance Bank and Ujjivan. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Small finance services are extended to underserved segments in India. | ujjivansfb.in | |
| Microfinance and banking services are provided to urban poor communities. | ujjivan.com |
Business activity
The main business activity of Ujjivan Financial Services is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K2 | Activities by Trusts, funds and other financial holding companies |
To see the full business activity and turnover split of Ujjivan Financial Services Limited, buy the company report.
Financials of Ujjivan Financial Services Limited
FY 2023 filings availableUjjivan Financial Services Limited reported revenue of ₹6,463.91 Cr (up 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 36% growth in the latest year. EBITDA rose 51% 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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| Total Expenses | |||||
| EBITDA | ₹991.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹150.44 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.3% | ||||
| Net Profit Margin | 2.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Ujjivan Financial Services Limited, buy the company report.
Board of directors and KMP of Ujjivan Financial Services Limited
Ujjivan Financial Services Limited currently reports 6 directors and 2 key managerial personnel. 37 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mona Kachhwaha Also directs: Parinaam Foundation, Uc Investment Management LLP, Ujjivan Small Finance Bank Limited and 2 more | Director | 22 Sep 2019 | 7 Years 1 Months | As last reported |
| Samit Kumar Ghosh Also directs: WWB Management Services LLP, Parinaam Foundation | Director | 01 Apr 2020 | 6 Years 7 Months | As last reported |
| Subramanian Shashidhara | Company Secretary | 15 Feb 2022 | 4 Years 8 Months | As last reported |
| Ravi | Cfo | 19 Apr 2022 | 4 Years 6 Months | As last reported |
| Kuttalam Rajagopalan Ramamoorthy | Director | 28 Dec 2004 | 21 Years 10 Months | As last reported |
| Narayan Anand Also directs: Creador Advisors India LLP, Ashiana Housing Limited | Director | 01 May 2019 | 7 Years 6 Months | As last reported |
Auditor
Ujjivan Financial Services Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2019 | 012754N/N500016 |
Shareholding
The shareholding of Ujjivan Financial Services Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ujjivan Financial Services Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2017 | 100074473 | Others | ₹100 Cr | Satisfied | |
| 27 Jan 2017 | 100074282 | Others | ₹200 Cr | Satisfied | |
| 24 Jan 2017 | 100074519 | Others | ₹185 Cr | Satisfied | |
| 09 Jan 2017 | 100070038 | Others | ₹330 Cr | Satisfied | |
| 31 Dec 2016 | 100071927 | Others | ₹35 Cr | Satisfied |
To see the full charge records of Ujjivan Financial Services Limited, buy the company report.
Total charge records: 237 View all charges
Deals & funding
Ujjivan Financial Services Limited has 74 deals on record (58 market trades, 9 funding rounds, 6 secondary share transfers), with disclosed funding of ₹852.77 Cr; the latest was in April 2024.
Deals on record (5 of 74)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Market trade | ₹15.64 Cr | Buyer: Graviton Research Capital LLP , XTX Markets LLP Seller: Graviton Research Capital LLP , XTX Markets LLP |
| Oct 2021 | Market trade | ₹12.25 Cr | Buyer: XTX Markets LLP Seller: XTX Markets LLP |
| Sep 2021 | Market trade | ₹8.28 Cr | Buyer: XTX Markets LLP Seller: XTX Markets LLP |
| Jul 2021 | Market trade | ₹24.15 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jul 2020 | Market trade | ₹21.77 Cr | Buyer: Skyveil Trade Solutions LLP Seller: Skyveil Trade Solutions LLP |
To see the full deal history of Ujjivan Financial Services 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
Ujjivan Financial Services Limited has 350 court cases on record: 342 filed by Ujjivan Financial Services, 8 filed against it. 17 cases are pending and 333 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 344 | 5 | 14 |
| High courts | 5 | 3 | 3 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 350)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (CN) | Filed by the company against an individual | Pending |
| High Court, ORISSA | Writ petition | Filed by the company against individuals | Pending |
| High Court, RAJASTHAN | Writ petition | Filed against the company by individuals | Pending |
| High Court, RAJASTHAN | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| NCLT, Bengaluru | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Ujjivan Financial Services 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.
Credit ratings & regulatory alerts
Ujjivan Financial Services Limited was last rated by Icra on 21 Apr 2017.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 21 Apr 2017 |
To see the full credit ratings and regulatory alerts of Ujjivan Financial Services Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ujjivan Financial Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ujjivan Financial Services has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ujjivan Small Finance Bank Limited | L65110KA2016PLC142162 |
To see the full group structure of Ujjivan Financial Services Limited, buy the company report.
Employees & EPFO
Ujjivan Financial Services Limited has a workforce of 2 employees on its EPFO records as of Apr 05, 2024, across 5 active EPFO establishments.
GST
Ujjivan Financial Services has 24 GST registrations: 1 active and 23 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACU7330C1ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ujjivan Financial Services Limited, buy the company report.
Recent activity
Ujjivan Financial Services Limited has 76 board changes on record since 2004: 42 appointments and 34 cessations. The latest: Ravi was appointed as CFO on 19 Apr 2022.
554 earlier events are in the company report.
News
Frequently asked questions
Ujjivan Financial Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ujjivan Financial Services was a public limited company based in Bangalore, Karnataka, India. The company worked in core investment companies, within the financial services industry. It was incorporated on 28 December 2004 and is registered under CIN L65999KA2004PLC035329. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ujjivan Financial Services was incorporated on 28 December 2004. It is registered with the Registrar of Companies, Bangalore.
Ujjivan Financial Services had 8 directors and KMP:
- Mona Kachhwaha - Director
- Samit Kumar Ghosh - Director
- Kuttalam Rajagopalan Ramamoorthy - Director
- Narayan Anand - Director
- Sunil Vinayak Patel - Director
- Renzo Christopher Viegas - Director
- Subramanian Shashidhara - Company Secretary
- Ravi - Cfo
The CIN (Corporate Identification Number) of Ujjivan Financial Services is L65999KA2004PLC035329. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ujjivan Financial Services is recorded as a listed company by MCA, but its shares were delisted from BSE on 15 Oct 2024 · merger, and no longer trade on a stock exchange.
The registered office of Ujjivan Financial Services is at Grape Garden No.27 3rd A Cross 18th Main 6th Block, Koramangala India, Bangalore, Karnataka, India – 560095.
Ujjivan Financial Services can be reached through the website ujjivan.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Ujjivan Financial Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 28 July 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Ujjivan Financial Services is 29AAACU7330C1ZJ, registered in Karnataka. The company has 24 GST registrations in all, of which 1 is active and 23 are cancelled or inactive.
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