Startup India Government of India
Plugup Private Limited - electrnoics in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.18 Lakh
▼ 84% YoY
Net loss · FY 2024
₹1.44 Lakh
Net margin -45.4%
EBITDA · FY 2024
-₹1.94 Lakh
EBITDA margin -61%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Plugup Private Limited
Data last updated:
Plugup Private Limited is a private limited company based in Indore, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the electrical equipment manufacturing segment of the electronics sector. It was incorporated on 27 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U31909MP2020PTC053909. Its GSTIN is 23AALCP6175D1ZE (Madhya Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kishore Vinayak Naik and Prashant Vinayak Naik.
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 205 Jaora Compound Usha Nagar, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.18 Lakh, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹1.44 Lakh (net margin -45.4%) and EBITDA of -₹1.94 Lakh (EBITDA margin -61%).
The company is associated with 1 brand: Plugup.
For more details, the company can be reached via its website plugup.co.in.
Company details
CIN U31909MP2020PTC053909
Registration Number 053909
Incorporation Date 27 November 2020
ROC Gwalior
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Plugup
Contact details
Plugup Private Limited's registered office is in Indore, Madhya Pradesh. Its website is plugup.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address205 Jaora Compound Usha Nagar, Indore, Madhya Pradesh, India – 452010
- IndustryElectrnoics, Electrical Equipment, Manufacturing
To see the full contact details of Plugup Private Limited, buy the company report.
Comprehensive company report
Plugup Private Limited - one report that includes everything
- 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
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Brands
Plugup operates one associated brand: Plugup. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Lighting solutions and services are provided by Plugup for industrial and smart home sectors in India. | plugup.co.in |
Business activity
The main business activity of Plugup is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Plugup Private Limited, buy the company report.
Financials of Plugup Private Limited
FY 2025 filings availablePlugup Private Limited reported revenue of ₹3.18 Lakh (down 84% YoY) for FY 2024.
Revenue · FY 2024
₹3.18 Lakh ▼ 84%
Net loss · FY 2024
₹1.44 Lakh margin -45.4%
EBITDA · FY 2024
-₹1.94 Lakh margin -61%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 84%
EBITDA CAGR growth
3 years · compounded
▼ 83%
Revenue fell 84% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1.94 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.44 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -61% | |||
| Net Profit Margin | -45.4% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Plugup Private Limited, buy the company report.
Board of directors of Plugup Private Limited
Plugup has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishore Vinayak Naik Also directs: Plugup Energy Private Limited | Director | 27 Nov 2020 | 5 Years 11 Months | Current |
| Prashant Vinayak Naik Also directs: Plugup Energy Private Limited | Director | 24 Nov 2021 | 4 Years 11 Months | Current |
Peer comparison
Plugup Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Homeland Fashion & Lifestyles Private Limited | ₹3.18 Lakh (FY 2024) | -61.0% | Mumbai, Maharashtra, India | |||
| Kaazta IT Solution Private Limited | ₹3.18 Lakh (FY 2019) | Ghaziabad, Uttar Pradesh, India | ||||
| Kavidhara Handlooms and Handicrafts Producer Company Limited | ₹3.18 Lakh (FY 2024) | 8.0% | Narayanpet, Telangana, India | |||
| House of Timepass Private Limited | ₹3.18 Lakh (FY 2024) | 302.0% | Surat, Gujarat, India | |||
| Sanaleibak Construction Private Limited | ₹3.18 Lakh (FY 2025) | Jiribam, Manipur, India | ||||
| Plugup Private Limitedthis company | ₹3.18 Lakh (FY 2024) | -₹1.44 Lakh | -45.4% | -84.0% | Indore, Madhya Pradesh, India | |
| Koshe Welding Solutions Private Limited | ₹3.18 Lakh (FY 2016) | -85.0% | Chennai, Tamil Nadu, India | |||
| Negandhi Marketing & Consulting Private Limited | ₹3.18 Lakh (FY 2022) | -2.0% | Mumbai, Maharashtra, India | |||
| VDS Online Shopping Private Limited | ₹3.18 Lakh (FY 2020) | -7.0% | Ghaziabad, Uttar Pradesh, India | |||
| Kochin Jerky (OPC) Private Limited | ₹3.18 Lakh (FY 2025) | 106.0% | Ernakulam, Kerala, India | |||
| Synergy Technomanagement Solutions Private Limited | ₹3.18 Lakh (FY 2024) | -19.0% | Kota, Rajasthan, India |
To see the full peer comparison of Plugup Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Plugup Private Limited 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 Plugup Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Plugup Private Limited has 1 active EPFO establishment as of Nov 13, 2026.
Active EPFO establishments
1
GST
Plugup has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AALCP6175D1ZE | Madhya Pradesh | Active | 13 Jan 2021 |
To see the full GST registrations and return filing status of Plugup Private Limited, buy the company report.
Recent activity
Plugup Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Vinaya Patil ceased to be Director on 19 Feb 2024.
AGM
Plugup Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Plugup Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Ceased
Vinaya Patil ceased to be Director.
Appointed
Prashant Vinayak Naik was appointed as Director.
Appointed
Kishore Vinayak Naik was appointed as Director.
Appointed
Vinaya Patil was appointed as Director.
Incorporation
27 Nov 2020
Plugup Private Limited was registered on 27 Nov 2020 with Roc Gwalior & aged 5 years 11 months as per MCA records.
Frequently asked questions
Plugup is an active private limited company based in Indore, Madhya Pradesh, India. The company works in electrical equipment, within the electronics industry. It was incorporated on 27 November 2020 (6+ years old) and is registered under CIN U31909MP2020PTC053909.
Plugup has 2 current directors:
- Kishore Vinayak Naik - Director
- Prashant Vinayak Naik - Director
The latest financial statements of Plugup 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 2021 are in the company report.
The GSTIN of Plugup is 23AALCP6175D1ZE, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Plugup is U31909MP2020PTC053909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Plugup was incorporated on 27 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Plugup by revenue are Homeland Fashion & Lifestyles Private Limited, Kaazta IT Solution Private Limited, Kavidhara Handlooms and Handicrafts Producer Company Limited, House of Timepass Private Limited, Sanaleibak Construction Private Limited and 5 more, all in the same principal business activity (retail trading).
Vinaya Patil ceased to be Director on 19 Feb 2024. Prashant Vinayak Naik was appointed as Director on 24 Nov 2021. Kishore Vinayak Naik was appointed as Director on 27 Nov 2020. Plugup has 4 board changes on record in total.
Yes, Plugup is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Plugup can be reached through the website plugup.co.in. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Plugup is at 205 Jaora Compound Usha Nagar, Indore, Madhya Pradesh, India – 452010.
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