About Up Money Limited
Data last updated: 16 February 2026
Up Money Limited is a public limited company based in Ludhiana, Punjab, India. It specialises in investment and credit NBFC, a part of the broader financial services sector. Incorporated on 06 February 1995, the company has been in operation for over 31 years.
Registered with ROC Chandigarh under CIN U65921PB1995PLC015742.
Capital: an authorised share capital of ₹50 Cr and a paid-up capital of ₹48.39 Cr. Formerly known as Sukhjit Finance Ltd. It is led by directors including Ajit Singh Chawla and Sumel Singh Chawla.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 13 & 23 Nehru Sidhant Kendra Feroze Gandhi Market, Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2024, the company reported a revenue of ₹130.1 Cr, a growth of 21% compared to the previous year.
The company has a workforce of approximately 613 employees as per the latest available data.
The company is associated with 1 brand - Up Money. As per MCA filings, the company has open charges of ₹642.69 Cr and satisfied charges of ₹899.69 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website upmoney.in.
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Registered Address13 & 23 Nehru Sidhant Kendra Feroze Gandhi Market, Ludhiana, Punjab, India – 141001
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IndustryFinancial Services, Investment & Credit NBFC, NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Up Money Limited
Up Money Limited has one previous CIN (Corporate Identification Number): L65921PB1995PLC015742. The current CIN is U65921PB1995PLC015742, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921PB1995PLC015742 | Current |
| L65921PB1995PLC015742 | Previous |
Associated Brands with Up Money Limited
Up Money Limited operates one associated brand: Up Money. These brands represent Up Money Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Loan products are offered to rural and semi-urban customers. | upmoney.in |
Competitors & Alternatives of Up Money Limited
Brands and companies operating in the same space as Up Money Limited include Manappuram Finance, L & T Finance Holdings, Bajaj Finserv and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Manappuram Finance
|
Consumer and SME loans are provided by Manappuram Finance. | Valapad, India, India | 1992 |
L & T Finance Holdings
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Diversified lending services are provided as a non-banking financial institution. | Mumbai, India, India | 1994 |
Bajaj Finserv
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Financial solutions including loans and insurance are offered. | Pune, India, India | 2007 |
Northern Arc Capital
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Household and business loans are provided with risk management support. | Chennai, India, India | 2006 |
IIFL Finance
|
Online gold, home, personal, and business loans are provided. | Mumbai, India, India | 1995 |
Mahindra Finance
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Consumer and SME loans are provided by Mahindra Finance. | Mumbai, India, India | 1991 |
Hero Fincorp
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2-wheeler loans and consumer/business financing are provided by Hero Fincorp. | Delhi, India, India | 1991 |
Kinara Capital
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Collateral-free loans are provided to MSMEs for business operations. | Bengaluru, India, India | 2011 |
Dvara KGFS
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Loans for consumers and SMEs are provided alongside financial services. | Chennai, India, India | 2008 |
Business Activity of Up Money Limited
Up Money Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including 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 for Up Money Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Up Money Limited
Up Money Limited is audited by Goyal Sanjay & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Goyal Sanjay & Associates | Locked | Locked | Locked |
Complete auditor history for Up Money Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Up Money Limited
Up Money Limited is currently managed by 4 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Ajit Singh Chawla
Also directs:
Up Housing Development Private Limited, Up Money Limited, Up Money Core Investment Private Limited and 1 more
|
Managing Director | 29 Sep 2015 | 10 Years 9 Months | Current |
|
Sumel Singh Chawla
Also directs:
Up Housing Development Private Limited, Up Money Limited, Up Money Core Investment Private Limited and 1 more
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Whole-Time Director | 01 Jul 2017 | 9 Years 0 Months | Current |
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Parveen Kaur Chawla
Also directs:
Up Housing Development Private Limited, Up Money Limited
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Director | 02 Feb 2016 | 10 Years 5 Months | Current |
| Khushvinder Bir Singh | Director | 24 Sep 2020 | 5 Years 9 Months | Current |
Financials of Up Money Limited FY 2025 filings available
Up Money Limited reported revenue of ₹130.1 Cr (up 21.00% YoY) for FY 2024.
Ten-year financial statements for Up Money Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Up Money Limited
Shareholding and ownership data for Up Money Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Up Money Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jul 2025 | Indian Overseas Bank | ₹25 Cr | Open |
| 28 Jul 2025 | Others | ₹2 Cr | Open |
| 19 Jul 2025 | Others | ₹7.5 Cr | Open |
| 26 Jun 2025 | Others | ₹3 Cr | Open |
| 31 May 2025 | Others | ₹5 Cr | Open |
Total charge records: 282 View all charges
Employees and EPFO Compliance at Up Money Limited
Up Money Limited has a workforce of 613 employees as of Oct 11, 2025.
Employee and EPFO history for Up Money Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Up Money Limited
GST registrations and filing compliance for Up Money Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Up Money Limited
Credit ratings, litigation, and regulatory alerts for Up Money Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Up Money Limited
MSME payment history for Up Money Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Up Money Limited
Corporate group structure for Up Money Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Up Money Limited
MCA filings and documents for Up Money Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Up Money Limited
Frequently Asked Questions about Up Money Limited
Up Money Limited is an active public limited company in the financial services sector based in Ludhiana, Punjab, India. It was incorporated on 06 February 1995 (31+ years old) and is registered under CIN U65921PB1995PLC015742. The company has 613 employees.
Up Money Limited reported revenue of ₹130.1 Cr for FY 2024 (up 21.00% YoY).
The current directors of Up Money Limited are:
- Ajit Singh Chawla - Managing Director
- Sumel Singh Chawla - Whole-Time Director
- Parveen Kaur Chawla - Director
- Khushvinder Bir Singh - Director
The primary industry of Up Money Limited is financial services. The company specifically operates in investment and credit nbfc. The company is currently active in this sector.
Up Money Limited can be reached at the registered office: 13 & 23 Nehru Sidhant Kendra Feroze Gandhi Market, Ludhiana, Punjab, India – 141001, or through the website upmoney.in.
The authorised capital is ₹50 Cr, and the paid-up capital is ₹48.39 Cr.