Key Metrics
AUTHORISED CAPITAL
5.00 Lakh
PAID-UP CAPITAL
1.00 Lakh
COMPANY AGE
19 Years 8 Months
since 2006-08-21
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
OPEN CHARGES
1
-5.00 cr
SATISFIED CHARGES
1
5.00 cr
ACTIVE GST
3
Updated: 2025-02-09 11:21:39
About Useready
Useready is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U72100KA2006PTC040252). Business overview includes Information Technology (IT Consulting & Support Services), incorporated on August 21, 2006 (20+ years old), headquartered in Bangalore South, Karnataka, India. The company is currently Active with Active Compliant compliance status. For FY 2023, the company reported revenue of ₹63.34 Cr with a profit of ₹5.32 Cr. It has 4 active directors. The company employs approximately 280 people.
IT Consulting & Support Services
- Location Indiqube Amr Tech Park, Building 3B, Sy No. 23 & 24,, Bangalore South, Karnataka - 560068
- Website useready.com
Name History
CIN / LLPINU72100KA2006PTC040252
Company No.040252
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2006-08-21
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
PAN
LEI Number
Active ComplianceActive Compliant
Financial Performance of Useready
Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3%
Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1%
Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
| Metrics | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,20,083.04 cr | 2,35,431.21 cr | 2,51,890.00 cr | 2,18,400.00 cr | 1,95,200.00 cr | 1,72,000.00 cr | 1,59,000.00 cr |
| Profit/Loss | 13,969.70 cr | 4,810.00 cr | 12,200.00 cr | 9,100.00 cr | -8,200.00 cr | 3,200.00 cr | 5,100.00 cr |
| Cash & Bank Balance | 38,200.00 cr | 35,100.00 cr | 32,000.00 cr | 28,500.00 cr | 25,200.00 cr | 22,000.00 cr | 19,800.00 cr |
| Net Worth | 1,26,731.94 cr | 1,37,500.00 cr | 1,40,200.00 cr | 1,28,000.00 cr | 1,15,000.00 cr | 1,02,000.00 cr | 95,000.00 cr |
| EBITDA | 27,865.49 cr | 29,800.00 cr | 30,200.00 cr | 27,000.00 cr | 24,500.00 cr | 22,000.00 cr | 20,100.00 cr |
Financial Ratios
■ Revenue ■ P/L ■ EBITDA
Values in Crores (Cr) - illustrative trend
FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Net Profit Margin | 10.54 | 3.20 | 2.10 | 1.80 | 0.50 |
| Debt to EBITDA | 2.14 | 1.90 | 1.70 | 1.50 | 1.20 |
| Interest Coverage Ratio | 0.47 | 0.50 | 0.45 | 0.40 | 0.35 |
| Debt to Equity | 0.88 | 0.90 | 0.85 | 0.80 | 0.75 |
| Return on Equity | 12.10 | 3.00 | 2.00 | 1.50 | 0.20 |
| Current Ratio | 1.20 | 1.15 | 1.10 | 1.05 | 0.99 |
| Quick Ratio | 0.95 | 0.92 | 0.88 | 0.85 | 0.80 |
| EBITDA Margin | 12.00 | 10.00 | 8.00 | 7.00 | 5.00 |
| Return on Capital Employed | 8.00 | 2.00 | 1.00 | 0.20 | 0.00 |
| Earning Per Share | 4.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EPFO Establishments (1)
MRNOI0019835000
Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995
Current Directors (4)
Charges Overview
Hdfc Bank Limited : 5.00 cr
Open Charges: 1
Satisfied Charges: 1
| Lender | Amount | Status |
|---|---|---|
|
Hdfc Bank Limited
Creation Date: 10 Dec 2021
|
5.00 cr | Closed |
Business Activity
| Activity Group | Description | Turnover % |
|---|---|---|
| Professional, Scientific and Technical | - | 100 |
| Professional, Scientific and Technical | - | 100.00 |
Flagged By Authority
Regulatory and exchange flags (preview)
Legal Cases
District Court
Cases Found
High Court
Cases Found
Supreme Court
Cases Found
NCLT
Cases Found
NCLAT
Cases Found
View Details →
Frequently Asked Questions about Useready
What is CIN of Useready?
The Corporate Identification Number (CIN) for Useready is U72100KA2006PTC040252. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 040252 as per MCA.
When was Useready incorporated?
Useready was incorporated 19 years 8 months ago on 21 Aug 2006.
What is paid-up capital and authorised share capital of Useready?
The paid-up capital of Useready is ₹ 100,000.00 and authorised share capital is ₹ 500,000.00.
Who are the current board members and directors of Useready?
Currently 4 directors are associated with Useready: Lalit Bakshi, Sanyukta Bakshi, Venkatraman Veerabhadra Hegde, Udaya Hegde.
- Lalit Bakshi
- Sanyukta Bakshi
- Venkatraman Veerabhadra Hegde
- Udaya Hegde
What is the registered address of Useready?
As per Ministry of Corporate Affairs (MCA), the registered address of Useready is Indiqube Amr Tech Park, Building 3B, Sy No. 23 & 24,, Ground Floor, Hongasandra Village, Begur Hobli, Hosur Road, Bangalore South, Karnataka, 560068, India.
What is the official website of Useready?
The official website of Useready is https://useready.com.
What is the ROC code of Useready?
Useready ROC code is Roc Bangalore.
What is the company classification of Useready?
Useready is classified as Private Limited Indian Non-Government Company.
Useready - is it listed or unlisted?
Useready is a Unlisted company.
What is the current status of Useready?
Useready is currently Active and registered in Bangalore South, Karnataka, India.
What industry or business activity is Useready associated with?
Useready lists activity aligned with: Information Technology - IT Consulting & Support Services - Professional, Scientific and Technical. See the Overview and Competition sections for fuller industry context.
How many employees does Useready have?
Available records indicate roughly 280 employees for Useready. Confirm against filings and EPFO-related signals on the profile where shown.
Does Useready have GST registrations on file?
Useready shows 3 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Useready?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Useready.
How do I contact Useready?
Use the official website at https://useready.com and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Useready?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Useready?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Useready (last filed snapshot)?
As per the latest financial snapshot on file for FY 2023, net worth is about ₹ 17.80 Cr. Verify figures on the Financial tab and supporting filings.