About
Basic Data Updated:
23 days agoFounded in 1995, UP Money Limited, previously known as Sukhjit Finance Ltd, is a renowned NBFC (Non-Banking Financial Company) that has been making a significant impact in the financial sector. With its registered office situated in Ludhiana, Punjab, the company has been providing financing solutions for two-wheeler loans and Micro, Small & Medium Enterprises (MSMEs) with a focus on rural livelihood advancement. Its aim is to promote income-generating activities, socio-economic development, and financial inclusion. The company has a strong presence in the northern region of India, with 54 operational branches spread across Punjab, Chandigarh, Haryana, Himachal Pradesh, Rajasthan, and Uttarakhand. Through its extensive network, UP Money Limited has been able to reach out to the rural communities and provide them with much-needed financial support. This has not only helped in improving their standard of living but has also contributed to the overall development of the region. Over the years, UP Money Limited has established itself as a reliable and trustworthy financial partner for individuals and businesses alike. Its customer-centric approach and commitment to providing affordable and accessible financing options have earned the company a loyal customer base.
Industry
Company Details
- Location
Ludhiana, Punjab, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U65921PB1995PLC015742 |
| Company No. | 015742 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 06 Feb 1995 |
| Date of AGM | 30 Sep 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Chandigarh |
Financials of Up Money Limited
Up Money Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 9.57% decrease. The company also saw a substantial fall in profitability, with a 32.25% decrease in profit. The company's net worth Soared by an impressive increase of 10.59%.
Corporate Structure
Unlock access to Up Money's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Up Money Limited
Unlock and access historical data on people associated with Up Money, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
Sumel Chawla
CFOAppointment Date: 05-Jan-2019
Status: Current
AC
Ajit Chawla Managing DirectorAppointment Date: 12-Nov-2014
Status: Current
KB
Kanika Bedi Company SecretaryAppointment Date: 02-Nov-2015
Status: Current
Board Members(5)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 26 Dec 2023 | ₹7.50 Cr | Open |
Others Creation Date: 22 Dec 2023 | ₹5.00 Cr | Open |
Others Creation Date: 22 Dec 2023 | ₹5.00 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Up Money Core Investment Private Limited
Active
6 years 25 days Ajit Chawla, Sumel Chawla and 1 more are mutual person
Up Housing Development Private Limited
Active 6 years 10 months Ajit Chawla, Parveen Chawla and 2 more are mutual person
Ludhiana Capital Services Private Limited
Active 29 years 4 months Ajit Chawla and Sumel Chawla are mutual person
Recent activity within the organization
Charges
A charge registered on 26 Nov 2021 via Charge ID 100508150 with Others was fully satisfied on 04 Jan 2024.
04 Jan 2024Charges
A charge registered on 13 Dec 2021 via Charge ID 100512936 with Others was fully satisfied on 27 Dec 2023.
27 Dec 2023Charges
A charge with Others amounted to Rs. 7.50 cr with Charge ID 100838193 was registered on 26 Dec 2023.
26 Dec 2023Charges
A charge with Others amounted to Rs. 5.00 cr with Charge ID 100835011 was registered on 22 Dec 2023.
22 Dec 2023Charges
A charge with Others amounted to Rs. 5.00 cr with Charge ID 100837232 was registered on 22 Dec 2023.
22 Dec 2023
Frequently asked questions
What is the Incorporation or founding date of Up Money Limited?
