Ultimo Credit Pvt Ltd.
About Ultimo Credit Pvt Ltd.
Data last updated:
Ultimo Credit Pvt Ltd. is a private limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 08 February 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65999WB1989PTC046178. Its GSTIN is 19AAACU3297Q1ZH (West Bengal).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.95 Cr. It is led by directors including Swapan Kumar Chakraborty (Managing Director) and Mir Golam Nabi.
Its last annual general meeting (AGM) was held on 28 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.4 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹3.91 Cr (net margin 27.2%) and EBITDA of ₹10.33 Cr (EBITDA margin 71.7%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 19% over five years.
The company has about 92 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹38 Cr and satisfied charges of ₹6 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ultimo Credit Pvt Ltd.'s registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSignet Tower, 10th Floor Dn – 2 Salt Lake Sector – V, Kolkata, West Bengal, India – 700091
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Ultimo Credit Pvt Ltd., 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 Ultimo Credit 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 Ultimo Credit Pvt Ltd., buy the company report.
Financials of Ultimo Credit Pvt Ltd.
FY 2025 filings availableUltimo Credit Pvt Ltd. reported revenue of ₹14.4 Cr (up 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 35% growth in the latest year. EBITDA rose 40% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹10.33 Cr | ||||
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| Net Profit (PAT) | ₹3.91 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 71.7% | ||||
| Net Profit Margin | 27.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ultimo Credit Pvt Ltd., buy the company report.
Board of directors of Ultimo Credit Pvt Ltd.
Ultimo Credit has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swapan Kumar Chakraborty Also directs: BCPL Railway Infrastructure Limited | Managing Director | 05 Sep 2013 | 13 Years 2 Months | Current |
| Mir Golam Nabi | Director | 07 Mar 2015 | 11 Years 8 Months | Current |
| Apu Dhar | Additional Director | 31 Oct 2025 | 1 Years 0 Months | Current |
| Subhro Kumar Gupta | Director | 02 Jun 2023 | 3 Years 5 Months | Current |
Peer comparison
Ultimo Credit Pvt Ltd. is compared with the 5 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with 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 |
|---|---|---|---|---|---|---|
| Genesis Finance Company Limited | ₹14.43 Cr (FY 2019) | -1.0% | New Delhi, Delhi, India | |||
| Metafin Cleantech Finance Private Limited | ₹14.42 Cr (FY 2025) | 255.0% | Mumbai, Maharashtra, India | |||
| Prolific Finvest Private Limited | ₹14.4 Cr (FY 2025) | -72.0% | Bangalore, Karnataka, India | |||
| Ultimo Credit Pvt Ltd.this company | ₹14.4 Cr (FY 2025) | ₹3.91 Cr | 27.2% | 35.0% | 92 | Kolkata, West Bengal, India |
| Monterry Sales Pvt.Ltd. | ₹14.38 Cr (FY 2023) | 455.0% | Kolkata, West Bengal, India | |||
| Girdhar Finlease Private Limited | ₹14.28 Cr (FY 2025) | 79.0% | New Delhi, Delhi, India |
To see the full peer comparison of Ultimo Credit Pvt Ltd., buy the company report.
Auditor
Ultimo Credit Pvt Ltd. is audited by SRB & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRB & ASSOCIATES | FY 2023 | 310009E |
Shareholding
The shareholding of Ultimo Credit Pvt Ltd. 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 Ultimo Credit Pvt Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Nov 2025 | 101186089 | Others | ₹3 Cr | Open | |
| 15 Oct 2025 | 101177788 | Others | ₹2 Cr | Open | |
| 25 Mar 2022 | 100552941 | Others | ₹8 Cr | Open | |
| 28 Mar 2012 | 10348104 | Others | ₹25 Cr | Open | |
| 06 Jul 2022 | 100598822 | The South Indian Bank Limited | ₹6 Cr | Satisfied |
To see the full charge records of Ultimo Credit Pvt Ltd., buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Ultimo Credit Pvt Ltd. 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 Ultimo Credit Pvt Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ultimo Credit Pvt Ltd. has a workforce of 92 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 92 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Ultimo Credit Pvt Ltd., buy the company report.
GST
Ultimo Credit has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACU3297Q1ZH | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ultimo Credit Pvt Ltd., buy the company report.
Recent activity
Ultimo Credit Pvt Ltd. has 24 board changes on record since 1997: 14 appointments and 10 cessations. The latest: Apu Dhar was appointed as Additional Director on 31 Oct 2025.
24 earlier events are in the company report.
Frequently asked questions
Ultimo Credit is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 08 February 1989 (37+ years old) and is registered under CIN U65999WB1989PTC046178.
Ultimo Credit has 4 current directors:
- Swapan Kumar Chakraborty - Managing Director
- Mir Golam Nabi - Director
- Apu Dhar - Additional Director
- Subhro Kumar Gupta - Director
The latest financial statements of Ultimo Credit on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ultimo Credit is 19AAACU3297Q1ZH, registered in West Bengal.
The CIN (Corporate Identification Number) of Ultimo Credit is U65999WB1989PTC046178. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ultimo Credit was incorporated on 08 February 1989, making it 37+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Ultimo Credit by revenue are Genesis Finance Company Limited, Metafin Cleantech Finance Private Limited, Prolific Finvest Private Limited, Monterry Sales Pvt.Ltd, Girdhar Finlease Private Limited, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Apu Dhar was appointed as Additional Director on 31 Oct 2025. Sakti Pada Basu ceased to be Director on 12 Jul 2023. Subhro Kumar Gupta was appointed as Director on 02 Jun 2023. Ultimo Credit has 24 board changes on record in total.
The registered office of Ultimo Credit is at Signet Tower, 10th Floor Dn – 2 Salt Lake Sector – V, Kolkata, West Bengal, India – 700091.
Ultimo Credit operates in the financial services industry, in the nbfc segment.
Ultimo Credit has open charges of ₹38 Cr and satisfied charges of ₹6 Cr as per latest MCA filings.
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