Useready Technology Private Limited - Company Profile

It is a information technology private limited company based in Bangalore South, Karnataka, India, established in 2006.

2006 Bangalore South, Karnataka, India Active

Last Updated: December 20, 2025

About Useready Technology Private Limited

Useready Technology Private Limited, a active private limited company, was established on 21 August 2006 in Bangalore South, Karnataka, India. Engaging in it consulting & support services within the professional, scientific and technical sector, it holds CIN: U72100KA2006PTC040252. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.10 M.

Formerly known as Suvip Consultancy Private Limited. It upholds a compliant status. Employing 280 professional, Its leadership includes Lalit Bakshi (Director), Sanyukta Bakshi (Director), Venkatraman Veerabhadra Hegde (Director). Past directors included Jay Gattani, Lalit Bakshi, Kamala Venkatraman Hegde. It holds no open charges and ₹5.00 Cr settled loans. Its latest AGM occurred on 20 November 2025, with the balance sheet filed on 31 March 2025. It is based at Indiqube Amr Tech Park, Building 3B, Sy No. 23 & 24,, Ground Floor, Hongasandra Village, Begur Hobli, Hosur Road, Bangalore South, Karnataka, 560068.

Company Details

CIN/LLPIN
U72100KA2006PTC040252
Registration Number
040252
Incorporation Date
21 August 2006
Authorized Capital
₹0.50 M
Paid-Up Capital
₹0.10 M
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 0.50 M as on 20-12-2025
Paid Up Capital ₹ 0.10 M as on 20-12-2025
Company Age 19 Year, 5 Months
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 5.00 Cr as on 20-12-2025
Revenue Growth **** 85.49% (FY 2023)
Profit Growth **** 125.00% (FY 2023)
Ebitda **** 129.26% (FY 2023)
Net Worth 46.32% (FY 2023)
Total Assets **** 45.06% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Useready Technology Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Useready Technology Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Lalit Bakshi	Director	19 Jan 2015	Current
Sanyukta Bakshi	Director	04 Jun 2018	Current
Venkatraman Veerabhadra Hegde	Director	21 Aug 2006	Current
Udaya Hegde	Director	25 May 2007	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	01 Apr 2012	Past
Pramod Abcsdd	Additional Director	22 Aug 2016	Past
Pramod Abcsdd	Additional Director	25 Apr 2016	Past
Pramod Abcsdd	Director	01 Apr 2012	Past
Pramod Abcsdd	Director	04 Jun 2018	Past

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Financial Performance of Useready Technology.

Useready Technology Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 85.49% increase. The company also saw a substantial improvement in profitability, with a 125% increase in profit. The company's net worth Soared by an impressive increase of 46.32%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

85.49%

*******

Revenue from Operations

*******

85.85%

*******

Total Assets

*******

45.06%

*******

Profit or Loss

*******

125.00%

*******

Net Worth

*******

46.32%

*******

EBITDA

*******

129.26%

*******

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What is the Ownership and Shareholding Structure of Useready Technology?

In 2023, Useready Technology had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹50,000,000.00

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 5.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
10 Dec 2021	Hdfc Bank Limited	₹5.00 Cr	Satisfied

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How Many Employees Work at Useready Technology?

Useready Technology has a workforce of 280 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Useready Technology, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Useready Technology's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Useready Technology

Recent Activity within the Organization

Annual General Meeting

Progress on Useready Technology Private Limited last Annual general meeting of members was held on 20 Nov 2025 as per latest MCA records. was documented.
20 Nov 2025
Balance Sheet

Useready Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was recorded as a recent event.
31 Mar 2025
Charges

Progress on A charge registered on 10 Dec 2021 via Charge ID 100517397 with Hdfc Bank Limited was fully satisfied on 17 May 2024. was documented.
17 May 2024
Charges

The activity A charge with Hdfc Bank Limited amounted to Rs. 50.00 M with Charge ID 100517397 was registered on 10 Dec 2021. was completed.
10 Dec 2021
Director Appointment

Progress on Sanyukta Bakshi was appointed as a Director was appointed as a Director on 04 Jun 2018 & has been associated with this company since 7 years 8 months . was documented.
04 Jun 2018
Director Appointment

Lalit Bakshi was appointed as a Director was appointed as a Director on 19 Jan 2015 & has been associated with this company since 11 years 22 days . was recorded as a recent event.
19 Jan 2015

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