About Uttam Sucrotech Limited
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Uttam Sucrotech Limited is a public limited company based in Ghaziabad, Uttar Pradesh, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 01 December 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U29221UP1981PLC005493. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.8 Cr. It was formerly known as Uttam Sucrotech Private Limited and Uttam Maxitherm Boilers Limited. It is led by directors including Harnand Tyagi and Manish Gupta.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C – 42 Meerut Road Industrial Area Ghaziabad, Uttar Pradesh, India – 201003.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.43 Cr, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹1.71 Cr (net margin -49.9%) and EBITDA of ₹3.39 Cr (EBITDA margin 99%). Revenue has grown at a compounded annual rate (CAGR) of 82% over three years and 72% over five years.
As per MCA filings, the company has open charges of ₹10.39 Cr and satisfied charges of ₹387.79 Cr on record. Court records list 12 cases involving the company, including 6 filed by the company and 6 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website usipl.com.
Company details
Name history
Uttam Sucrotech has undergone 2 name changes throughout its history. The company was previously known as Uttam Sucrotech Private Limited, and Uttam Maxitherm Boilers Limited. The current legal name is Uttam Sucrotech Limited.
| Company Name | Status |
|---|---|
| Uttam Sucrotech Limited | Current |
| Uttam Sucrotech Private Limited | Previous |
| Uttam Maxitherm Boilers Limited | Previous |
Contact details
Uttam Sucrotech Limited's registered office is in Ghaziabad, Uttar Pradesh. Its website is usipl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 42 Meerut Road Industrial Area Ghaziabad, Uttar Pradesh, India – 201003
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Uttam Sucrotech Limited, 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 Uttam Sucrotech is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Uttam Sucrotech Limited, buy the company report.
Financials of Uttam Sucrotech Limited
FY 2024 filings availableUttam Sucrotech Limited reported revenue of ₹3.43 Cr (down 66% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 66% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 72%. EBITDA fell 66% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹3.39 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.71 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99% | ||||
| Net Profit Margin | -49.9% | ||||
| 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 Uttam Sucrotech Limited, buy the company report.
Board of directors of Uttam Sucrotech Limited
Uttam Sucrotech has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harnand Tyagi Also directs: Saltvae Pharmaceuticals Private Limited, The Standard Type Foundry Private Limited, Adharshila Capital Services Limited and 4 more | Director | 06 Jan 2017 | 9 Years 10 Months | Current |
| Manish Gupta | Director | 23 Jan 2017 | 9 Years 9 Months | Current |
| Anil Datta Also directs: Rose Dale Estates Pvt Ltd | Director | 28 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Uttam Sucrotech Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jodhan Investment and Finance Corporation Private Limited | ₹3.43 Cr (FY 2025) | 784.0% | Jodhpur, Rajasthan, India | |||
| Uttam Sucrotech Limitedthis company | ₹3.43 Cr (FY 2024) | -₹1.71 Cr | -49.9% | -66.0% | Ghaziabad, Uttar Pradesh, India | |
| Jolle Fashions Private Limited | ₹3.43 Cr (FY 2024) | 1187.0% | Chikodi, Karnataka, India | |||
| Rajratan Investments Private Limited | ₹3.42 Cr (FY 2025) | 18.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Uttam Sucrotech Limited, buy the company report.
Auditor
Uttam Sucrotech Limited is audited by B.K. KAPUR & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.K. KAPUR & Co | FY 2023 | 000852C |
Shareholding
The shareholding of Uttam Sucrotech Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Uttam Sucrotech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 1996 | 90270283 | State Bank of India | ₹10.39 Cr | Open | |
| 25 Jun 2010 | 10228561 | Hdfc Bank Limited | ₹9.36 Lakh | Satisfied | |
| 02 Mar 2009 | 10153435 | Allahabad Bank | ₹23.5 Cr | Satisfied | |
| 09 Jul 2005 | 90273014 | Punjab National Bank | ₹181.15 Cr | Satisfied | |
| 24 Nov 2003 | 90272746 | Ing Vysya Bank Ltd. | ₹1 Cr | Satisfied |
To see the full charge records of Uttam Sucrotech Limited, buy the company report.
Total charge records: 23 View all charges
Legal cases
Uttam Sucrotech Limited has 12 court cases on record: 6 filed by Uttam Sucrotech, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 4 | 0 |
| District courts | 2 | 1 | 0 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HIMACHAL PRADESH | Appeal | Filed against the company by an individual | Disposed |
| High Court, HIMACHAL PRADESH | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Kullu, Himachal Pradesh | Appeal | Filed against the company by an individual | Disposed |
| High Court, UTTARPRADESH | Court case (STRED) | Filed against the company by The Commissioner Commercial Tax | Disposed |
| Supreme Court | Court case (0405-Indirect Taxes Matters : Sales Tax Act (Central & various States)) | Filed by the company against The State of Uttar Pradesh Through Its Institutional Finance Secretary Through Its Institutional Finance Secretary U.P. Government Secretariat, Lucknow ,Lucknow , Uttar Pradesh and 1 other | Disposed |
To see the full case history of Uttam Sucrotech Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Uttam Sucrotech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Uttam Sucrotech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Uttam Sucrotech Limited, buy the company report.
Recent activity
Uttam Sucrotech Limited has 13 board changes on record since 1982: 8 appointments and 5 cessations. The latest: Rajindar Khanna ceased to be Director on 15 Sep 2025.
60 earlier events are in the company report.
Frequently asked questions
Uttam Sucrotech is an active public limited company based in Ghaziabad, Uttar Pradesh, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 01 December 1981 (45+ years old) and is registered under CIN U29221UP1981PLC005493.
Uttam Sucrotech has 3 current directors:
- Harnand Tyagi - Director
- Manish Gupta - Director
- Anil Datta - Director
The latest financial statements of Uttam Sucrotech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
No. Uttam Sucrotech has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Uttam Sucrotech is U29221UP1981PLC005493. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Uttam Sucrotech has 12 court cases on record: 6 filed by the company and 6 filed against it. Most are in the high courts.
Uttam Sucrotech was incorporated on 01 December 1981, making it 45+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Uttam Sucrotech by revenue are Jodhan Investment and Finance Corporation Private Limited, Jolle Fashions Private Limited, Rajratan Investments Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Rajindar Khanna ceased to be Director on 15 Sep 2025. Anil Datta was appointed as Director on 28 Aug 2025. Manish Gupta was appointed as Director on 23 Jan 2017. Uttam Sucrotech has 13 board changes on record in total.
Uttam Sucrotech can be reached through the website usipl.com. Its registered office is in Ghaziabad, Uttar Pradesh, India.
The registered office of Uttam Sucrotech is at C – 42 Meerut Road Industrial Area Ghaziabad, Uttar Pradesh, India – 201003.
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