Urnest Credit Pvt.Ltd.
About Urnest Credit Pvt.Ltd.
Data last updated:
Urnest Credit Pvt.Ltd. was a private limited company based in Kolkata, West Bengal, India, operated as a subsidiary of Rajshree Trade & Finance Pvt Ltd. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the bfsi segment of the financial services sector. It was incorporated on 31 December 1992.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U65110WB1992PTC057350.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.98 Cr. It was led by directors Dinesh Agarwal and Sangita Agarwal.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 305 Mangalam – A 24 Henmanta Basu Sarani, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2018, the company reported a revenue of ₹23.56 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹17.68 Lakh (net margin 75%) and EBITDA of ₹18.59 Lakh (EBITDA margin 78.9%). Revenue has grown at a compounded annual rate (CAGR) of 100% over three years.
Company details
CIN history
Urnest Credit has one previous CIN (Corporate Identification Number): U99999WB1992PTC057350. The current CIN is U65110WB1992PTC057350, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65110WB1992PTC057350 | Current |
| U99999WB1992PTC057350 | Previous |
Contact details
Urnest 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 Address305 Mangalam – A 24 Henmanta Basu Sarani, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Bfsi, Commercial Banks
To see the full contact details of Urnest 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 Urnest Credit is financial and insurance service. In detail, this covers banking activities by central, commercial and saving banks.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K1 | Banking activities by Central, Commercial and Saving banks |
To see the full business activity and turnover split of Urnest Credit Pvt.Ltd., buy the company report.
Financials of Urnest Credit Pvt.Ltd.
FY 2017 filings availableUrnest Credit Pvt.Ltd. reported revenue of ₹23.56 Lakh (up 413% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 100% over three years, including 413% growth in the latest year. EBITDA rose 487% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Expenses | ||||
| EBITDA | ₹18.59 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹17.68 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 78.9% | |||
| Net Profit Margin | 75% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Urnest Credit Pvt.Ltd., buy the company report.
Board of directors of Urnest Credit Pvt.Ltd.
Urnest Credit has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Agarwal | Director | 25 Nov 2002 | 23 Years 11 Months | As last reported |
| Sangita Agarwal | Director | 25 Nov 2002 | 23 Years 11 Months | As last reported |
Peer comparison
Urnest Credit Pvt.Ltd. is compared with the 10 companies closest to it by revenue in the same principal business activity (banking activities by central, commercial and saving banks), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Metropolis Advisors Private Limited | ₹25.12 Lakh (FY 2024) | -16.0% | New Delhi, Delhi, India | |||
| Ideal Plaza Pvt Ltd | ₹24.88 Lakh (FY 2025) | -21.0% | Kolkata, West Bengal, India | |||
| CPM Nidhi Limited | ₹24.67 Lakh (FY 2023) | 34.0% | Hinganghat, Maharashtra, India | |||
| Rkid Investment Consultants Private Limited | ₹24.53 Lakh (FY 2025) | 533.0% | Gorakhpur, Uttar Pradesh, India | |||
| Findoc Capital Mart Private Limited | ₹24.46 Lakh (FY 2024) | -37.0% | Ludhiana, Punjab, India | |||
| Urnest Credit Pvt.Ltd.this company | ₹23.56 Lakh (FY 2018) | ₹17.68 Lakh | 75% | 413.0% | Kolkata, West Bengal, India | |
| Fulgent Capital Services Private Limited | ₹23.37 Lakh (FY 2025) | 357.0% | Jaipur, Rajasthan, India | |||
| Thiruvaiyaru Nidhi Limited | ₹21.81 Lakh (FY 2023) | -45.0% | Thiurvaiyaru, Tamil Nadu, India | |||
| Prabhu-Dhan Financial Services Private Limited | ₹21.4 Lakh (FY 2023) | 3.0% | Kolkata, West Bengal, India | |||
| Avail Financial Services Limited | ₹20.58 Lakh (FY 2019) | -95.0% | New Delhi, Delhi, India | |||
| Sparton Growth Comtrade Private Limited | ₹20.18 Lakh (FY 2025) | 214.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Urnest Credit Pvt.Ltd., buy the company report.
Auditor
Urnest Credit Pvt.Ltd. is audited by BLA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BLA & ASSOCIATES | FY 2017 | 325665E |
Shareholding
The shareholding of Urnest Credit Pvt.Ltd. is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Urnest Credit Pvt.Ltd., buy the company report.
Legal cases
No court or tribunal cases involving Urnest 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 Urnest Credit Pvt.Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Urnest Credit has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Urnest Credit Pvt.Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Urnest Credit Pvt.Ltd. has 2 board changes on record since 2002: 2 appointments. The latest: Dinesh Agarwal was appointed as Director on 25 Nov 2002.
Frequently asked questions
Urnest Credit 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.
Urnest Credit was a private limited company based in Kolkata, West Bengal, India. The company worked in bfsi, within the financial services industry. It was incorporated on 31 December 1992 and is registered under CIN U65110WB1992PTC057350. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Urnest Credit was incorporated on 31 December 1992. It is registered with the Registrar of Companies, Kolkata.
Urnest Credit had 2 directors:
- Dinesh Agarwal - Director
- Sangita Agarwal - Director
The CIN (Corporate Identification Number) of Urnest Credit is U65110WB1992PTC057350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Urnest Credit is at 305 Mangalam – A 24 Henmanta Basu Sarani, Kolkata, West Bengal, India – 700001.
The latest financial statements of Urnest Credit on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
Urnest Credit operated in the financial services industry, in the bfsi segment.
The peers of Urnest Credit by revenue are Metropolis Advisors Private Limited, Ideal Plaza Pvt Ltd, CPM Nidhi Limited, Rkid Investment Consultants Private Limited, Findoc Capital Mart Private Limited and 5 more, all in the same principal business activity (banking activities by central, commercial and saving banks).
Dinesh Agarwal was appointed as Director on 25 Nov 2002. Sangita Agarwal was appointed as Director on 25 Nov 2002.
Urnest Credit can be reached at its registered office: 305 Mangalam – A 24 Henmanta Basu Sarani, Kolkata, West Bengal, India – 700001.
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