Usha Bala Chits Private Limited
About Usha Bala Chits Private Limited
Data last updated: 07 March 2026
Usha Bala Chits Private Limited is a private limited company based in Narasimha Rao Pet,Eluru-534006, Andhra Pradesh, India. It specialises in microfinance institutions, a part of the broader financial services sector. Incorporated on 08 October 1986, the company has been in operation for over 40 years.
Registered with ROC Vijayawada under CIN U65992AP1986PTC006843.
Capital: an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. Formerly known as Usha Bala Chits and Investments Pvt. Ltd. It is led by directors including Santhi Priya Vadlapatla and Vadlapatla Venkata Vijaya Kumar.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: D.No.25122 Usha Bala Complexnarasimha Rao Pet Eluru – 534006 Narasimha Rao Pet Eluru – 534, 006, Andhra Pradesh, India.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.86 Cr, a growth of 5.74% compared to the previous year.
As per MCA filings, the company has open charges of ₹6.59 Cr and satisfied charges of ₹1.65 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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Registered AddressD.No.25122 Usha Bala Complexnarasimha Rao Pet Eluru – 534006 Narasimha Rao Pet Eluru – 534, 006, Andhra Pradesh, India
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IndustryFinancial Services, Microfinance Institutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Business Activity of Usha Bala Chits Private Limited
Usha Bala Chits Private Limited operates primarily in the financial and insurance service sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Financial and insurance Service | Locked | Other financial activities | Locked |
Detailed business activity records for Usha Bala Chits Private Limited
Activity codes and turnover contribution percentages require an active report plan.
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Auditor Details of Usha Bala Chits Private Limited
Usha Bala Chits Private Limited is audited by M V Prasad & Co for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M V Prasad & Co | Locked | Locked | Locked |
Complete auditor history for Usha Bala Chits Private Limited
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Board of Directors of Usha Bala Chits Private Limited
Usha Bala Chits Private Limited is currently managed by 4 directors, with 3 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 |
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| Santhi Priya Vadlapatla | Director | 25 Mar 2013 | 13 Years 4 Months | Current |
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Vadlapatla Venkata Vijaya Kumar
Also directs:
Ushabala Agro Farms Pvt Ltd, V.V.B.Resorts And Hotels Private Limited, Ubk Chits Private Limited and 2 more
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Director | 31 Dec 1997 | 28 Years 7 Months | Current |
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Vadlapatla Venkata Balakrishnarao
Also directs:
Ushabala Agro Farms Pvt Ltd, Vignesh Projects Private Limited, Vbk Exim Pvt Ltd, and 5 more
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Managing Director | 08 Oct 1986 | 39 Years 10 Months | Current |
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Usha Rani Vadlapatla
Also directs:
Ushabala Agro Farms Pvt Ltd, Vbk Exim Pvt Ltd,, U B K Hotels And Resorts Private Limited and 3 more
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Director | 29 Jun 2007 | 19 Years 1 Months | Current |
Financials of Usha Bala Chits Private Limited FY 2025 filings available
Usha Bala Chits Private Limited reported revenue of ₹5.86 Cr (up 5.74% YoY) for FY 2022.
Ten-year financial statements for Usha Bala Chits Private Limited
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Ownership and Shareholding of Usha Bala Chits Private Limited
Shareholding and ownership data for Usha Bala Chits Private Limited
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- Ownership categories
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Charges & Borrowings of Usha Bala Chits Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jan 2023 | Hdfc Bank Limited | ₹1.69 Cr | Open |
| 30 Aug 2022 | City Union Bank Limited | ₹4.9 Cr | Open |
| 20 Feb 2002 | Lakshmi Vilas Bank Limited | ₹1.65 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Usha Bala Chits Private Limited
View historical data on people associated with Usha Bala Chits Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Usha Bala Chits Private Limited
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GST Compliance of Usha Bala Chits Private Limited
GST registrations and filing compliance for Usha Bala Chits Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Usha Bala Chits Private Limited
Credit ratings, litigation, and regulatory alerts for Usha Bala Chits Private Limited
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- Rating history
- Court and tribunal cases
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MSME Payment Delays by Usha Bala Chits Private Limited
MSME payment history for Usha Bala Chits Private 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
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Subsidiaries & Group Companies of Usha Bala Chits Private Limited
Corporate group structure for Usha Bala Chits Private Limited
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MCA Filings & Documents of Usha Bala Chits Private Limited
MCA filings and documents for Usha Bala Chits Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
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- Complete filing index
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Recent Activity on Usha Bala Chits Private Limited
Frequently Asked Questions about Usha Bala Chits Private Limited
Usha Bala Chits Private Limited is an active private limited company in the financial services sector based in Narasimha Rao Pet,Eluru-534006, Andhra Pradesh, India. It was incorporated on 08 October 1986 (40+ years old) and is registered under CIN U65992AP1986PTC006843.
Usha Bala Chits Private Limited reported revenue of ₹5.86 Cr for FY 2022 (up 5.74% YoY).
The current directors of Usha Bala Chits Private Limited are:
- Santhi Priya Vadlapatla - Director
- Vadlapatla Venkata Vijaya Kumar - Director
- Vadlapatla Venkata Balakrishnarao - Managing Director
- Usha Rani Vadlapatla - Director
The primary industry of Usha Bala Chits Private Limited is financial services. The company specifically operates in microfinance institutions. The company is currently active in this sector.
Usha Bala Chits Private Limited can be reached at the registered office: D.No.25122 Usha Bala Complexnarasimha Rao Pet Eluru – 534006 Narasimha Rao Pet Eluru – 534, 006, Andhra Pradesh, India.
The authorised capital is ₹25 Lakh, and the paid-up capital is ₹25 Lakh.