
Utthan Micro Credit Foundation
About Utthan Micro Credit Foundation
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Utthan Micro Credit Foundation is a private not for profit company based in Hapur, Uttar Pradesh, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 23 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U65929UP2016NPL082652. Its GSTIN is 09AABCU9287D1ZY (Uttar Pradesh).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹67.32 Lakh. It is led by directors including Kamana Tyagi and Sandeep Tyagi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 43 Sanjay Vihar Avas Vikas Colony Meerut Road, Hapur, Uttar Pradesh, India – 245101.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.12 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹5.27 Lakh (net margin 4.7%) and EBITDA of ₹7.38 Lakh (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 44% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Utthan Micro Credit Foundation's registered office is in Hapur, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 43 Sanjay Vihar Avas Vikas Colony Meerut Road, Hapur, Uttar Pradesh, India – 245101
- IndustryFinancial Services, Financial Activities
To see the full contact details of Utthan Micro Credit Foundation, 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 Utthan Micro Credit Foundation 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 Utthan Micro Credit Foundation, buy the company report.
Financials of Utthan Micro Credit Foundation
FY 2025 filings availableUtthan Micro Credit Foundation reported revenue of ₹1.12 Cr (up 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 44% over five years, including 23% growth in the latest year. EBITDA fell 20% 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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| EBITDA | ₹7.38 Lakh | ||||
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| Net Profit (PAT) | ₹5.27 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | 4.7% | ||||
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To see the full financial statements and ratios of Utthan Micro Credit Foundation, buy the company report.
Board of directors of Utthan Micro Credit Foundation
Utthan Micro Credit Foundation has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamana Tyagi | Director | 23 Apr 2016 | 10 Years 6 Months | Current |
| Sandeep Tyagi | Director | 23 Apr 2016 | 10 Years 6 Months | Current |
| Sahil Kumar | Director | 09 Sep 2019 | 7 Years 1 Months | Current |
| Piyush Tyagi | Director | 09 Jan 2018 | 8 Years 9 Months | Current |
| Mohit Tyagi Also directs: Hyperfocus Business Solutions Private Limited | Director | 09 Jan 2018 | 8 Years 9 Months | Current |
| Anil Tyagi | Director | 10 Sep 2018 | 8 Years 1 Months | Current |
Peer comparison
Utthan Micro Credit Foundation is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Digicard Services Private Limited | ₹1.12 Cr (FY 2024) | -17.0% | Gurgaon, Haryana, India | |||
| Malsisar Converting Machinery Private Limited | ₹1.12 Cr (FY 2025) | 60.0% | Kolkata, West Bengal, India | |||
| Sanvi Investments and Trading Private Limited | ₹1.12 Cr (FY 2021) | 1144.0% | Pune, Maharashtra, India | |||
| Bhatia Portfolio Management Private Limited | ₹1.12 Cr (FY 2019) | -18.0% | Jagadhri, Haryana, India | |||
| Narakkal Kuries Private Limited | ₹1.12 Cr (FY 2025) | 8.0% | Narakkal, Kerala, India | |||
| Utthan Micro Credit Foundationthis company | ₹1.12 Cr (FY 2024) | ₹5.27 Lakh | 4.7% | 23.0% | Hapur, Uttar Pradesh, India | |
| Green Rich Chit Fund Private Limited | ₹1.12 Cr (FY 2025) | 226.0% | Hyderabad, Telangana, India | |||
| Surbhi Conbuild Private Limited | ₹1.12 Cr (FY 2024) | 34.0% | New Delhi, Delhi, India | |||
| Jemco Vanijya Pvt Ltd | ₹1.12 Cr (FY 2024) | -10.0% | Kolkata, West Bengal, India | |||
| Kumari Benefit Fund Ltd. | ₹1.12 Cr (FY 2024) | -52.0% | Choolaimedu, Chennai94, Tamil Nadu, India | |||
| VSS Iron and Minerals Private Limited | ₹1.12 Cr (FY 2025) | -97.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Utthan Micro Credit Foundation, buy the company report.
Auditor
Utthan Micro Credit Foundation is audited by VIPIN GUPTA & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIPIN GUPTA & CO. | FY 2017 | 016917C |
Shareholding
The shareholding of Utthan Micro Credit Foundation is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Utthan Micro Credit Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Utthan Micro Credit Foundation 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 Utthan Micro Credit Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Utthan Micro Credit Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCU9287D1ZY | Uttar Pradesh | Active | 03 Dec 2019 |
To see the full GST registrations and return filing status of Utthan Micro Credit Foundation, buy the company report.
Recent activity
Utthan Micro Credit Foundation has 8 board changes on record since 2016: 6 appointments and 2 cessations. The latest: Sahil Kumar was appointed as Director on 09 Sep 2019.
Frequently asked questions
Utthan Micro Credit Foundation is an active private not for profit company based in Hapur, Uttar Pradesh, India. The company works in financial activities, within the financial services industry. It was incorporated on 23 April 2016 (10+ years old) and is registered under CIN U65929UP2016NPL082652.
Utthan Micro Credit Foundation has 6 current directors:
- Kamana Tyagi - Director
- Sandeep Tyagi - Director
- Sahil Kumar - Director
- Piyush Tyagi - Director
- Mohit Tyagi - Director
- Anil Tyagi - Director
The latest financial statements of Utthan Micro Credit Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Utthan Micro Credit Foundation is 09AABCU9287D1ZY, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Utthan Micro Credit Foundation is U65929UP2016NPL082652. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Utthan Micro Credit Foundation was incorporated on 23 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Utthan Micro Credit Foundation by revenue are Digicard Services Private Limited, Malsisar Converting Machinery Private Limited, Sanvi Investments and Trading Private Limited, Bhatia Portfolio Management Private Limited, Narakkal Kuries Private Limited and 5 more, all in the same principal business activity (other financial activities).
Sahil Kumar was appointed as Director on 09 Sep 2019. Anil Tyagi was appointed as Director on 10 Sep 2018. Deepak Kumar ceased to be Director on 10 Sep 2018. Utthan Micro Credit Foundation has 8 board changes on record in total.
The registered office of Utthan Micro Credit Foundation is at A – 43 Sanjay Vihar Avas Vikas Colony Meerut Road, Hapur, Uttar Pradesh, India – 245101.
Utthan Micro Credit Foundation operates in the financial services industry, in the financial activities segment.
The compliance status of Utthan Micro Credit Foundation is compliant as of 30 July 2026. The company is actively filing with the Registrar of Companies.