United Credit Ltd

United Credit Ltd (531091)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return21.79 %
3 Month Return1.92 %
1 Year Return-11.42 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 405
Rank 421
Rank 224
Dividend Yield
Rank 112
Rank 401
Price To Book Ratio
Debt To Asset
Rank 305

Company Information

United Credit Limited is an Indiabased company. The Company is engaged in nonbanking financial activities. The principal business of the Company is hire purchase leasing consumer financing investment and capital market operation. United Credit Limited UCL is the successor to the erstwhile United Bank of India Limited UBIL.Consequent upon nationalization of the banking sector the undertaking of UBIL became vested in the corresponding new bank United Bank of India. And by way of a scheme of amalgamation approved by the Honble High Court at Calcutta by an Order dated 23.8.1974 UBIL was mergedwith UCDCL and the assets and liabilities of United Bank of India Limited were acquired by UCDCL in 1989 Mr. Ravi Poddar took over the management of the Company.The Company is mainly divided operationally into the lease hire purchase consumer financing investment and capital market operation. The overall management of the Company is vested in the Board of Directors of the Company. As of March 31 2010 the Companys investments included Daikaffil Chemicals India Ltd Kermex Micro Systems I Ltd Tayo Rolls Ltd Jai Prakash Associates Ltd GTN Industries Ltd U. B. Engineering Ltd Unity Infra Projects Ltd Era Infra Engineering Ltd Jai Corporation Ltd Bharati Shipyards Ltd Engineers India Ltd Hotel Leela Venture Ltd Electro Steel Castings Ltd Nectar LifeSciences Ltd Gujarat Mineral Development Corpn.Ltd Zicom Electronics Security Systems Ltd IOL Netcom Ltd and Usher Agro Ltd.
OrganisationUnited Credit Ltd