It is a financial services private limited company based in Narasimha Rao Pet,Eluru-534006, Andhra Pradesh, India, established in 1986.
1986 | Narasimha Rao Pet,Eluru-534006, Andhra Pradesh, India | ActiveUsha Bala Chits Private Limited, a active private limited company, was established on 08 October 1986 in Narasimha Rao Pet,Eluru-534006, Andhra Pradesh, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65992AP1986PTC006843. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹2.50 M.
Formerly known as Usha Bala Chits And Investments Pvt. Ltd.. It upholds a compliant status. Its leadership includes Santhi Priya Vadlapatla (Director), Vadlapatla Venkata Vijaya Kumar (Director), Vadlapatla Venkata Balakrishnarao (Managing Director). Past directors included Nagabhushanam Parvataneni, Santhi Priya Vadlapatla, Krishna Veni Kodali. It holds ₹6.59 Cr open charges and ₹1.65 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at D.No.25122,Usha Bala Complexnarasimha Rao Pet Eluru-534006 Narasimha Rao Pet,Eluru-534, 006, Narasimha Rao Pet,Eluru-534006, Andhra Pradesh.
U65992AP1986PTC006843
006843
08 October 1986
₹2.50 M
₹2.50 M
Roc Vijayawada
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Santhi Priya Vadlapatla | Director | 25 Mar 2013 | Current |
| Vadlapatla Venkata Vijaya Kumar | Director | 31 Dec 1997 | Current |
| Vadlapatla Venkata Balakrishnarao | Managing Director | 08 Oct 1986 | Current |
| Usha Rani Vadlapatla | Director | 29 Jun 2007 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 30 Jan 2023 | Past |
| Pramod Abcsdd | Additional Director | 30 Sep 2013 | Past |
| Pramod Abcsdd | Director | 30 Mar 2019 | Past |
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Usha Bala Chits Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 5.74% increase. The company also saw a substantial improvement in profitability, with a 12.01% increase in profit. The company's net worth Soared by an impressive increase of 32.4%.
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₹65,900,000.00
₹16,500,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jan 2023 | Hdfc Bank Limited | ₹1.69 Cr | Open |
| 30 Aug 2022 | City Union Bank Limited | ₹4.90 Cr | Open |
| 20 Feb 2002 | Lakshmi Vilas Bank Limited | ₹1.65 Cr | Satisfied |
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Progress on Usha Bala Chits Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was documented.
Progress on Usha Bala Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada. was documented.
Progress on A charge with City Union Bank Limited of Rs. 49.00 M registered on 30 Aug 2022 with Charge ID 100616635 was modified on 27 Nov 2023. was documented.
A charge with Hdfc Bank Limited amounted to Rs. 16.90 M with Charge ID 100716451 was registered on 04 Jan 2023. was recorded as a recent event.
The activity A charge with City Union Bank Limited amounted to Rs. 49.00 M with Charge ID 100616635 was registered on 30 Aug 2022. was completed.
The activity A charge registered on 20 Feb 2002 via Charge ID 90117711 with Lakshmi Vilas Bank Limited was fully satisfied on 03 Aug 2022. was completed.
The CIN of Usha Bala Chits Private Limited is U65992AP1986PTC006843.
Usha Bala Chits Private Limited is headquartered at D.No.25122,Usha Bala Complexnarasimha Rao Pet Eluru-534006 Narasimha Rao Pet,Eluru-534, 006, Narasimha Rao Pet,Eluru-534006, Andhra Pradesh.
Usha Bala Chits Private Limited was incorporated on 08 October 1986.
The current directors of Usha Bala Chits Private Limited are
The primary industry of Usha Bala Chits Private Limited is Financial And Insurance Service.
Usha Bala Chits Private Limited is unlisted.
The authorized capital of Usha Bala Chits Private Limited is ₹2.50 M, and the paid-up capital is ₹2.50 M.
The compliance status of Usha Bala Chits Private Limited is Compliant.
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