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Upick Services Private Limited - telecom in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹8.89 Lakh
▼ 83% YoY
Net loss · FY 2023
₹2.41 Lakh
Net margin -27.1%
EBITDA · FY 2023
-₹1.5 Lakh
EBITDA margin -16.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Upick Services Private Limited
Data last updated:
Upick Services Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the telecom network support segment of the telecommunications sector. It was incorporated on 06 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2019PTC332631. Its GSTIN is 27AACCU5129P1ZT (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Kumar Govindji Majethia and Seema Kanungo.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat A – 203 Shiv Kutir Geetika Chs Plot No. 105/106 Sec – 29 Vashi, Navi Mumbai, Maharashtra, India – 400703.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.89 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹2.41 Lakh (net margin -27.1%) and EBITDA of -₹1.5 Lakh (EBITDA margin -16.9%).
The company is associated with 1 brand: uPick.
For more details, the company can be reached via its website upickservices.in.
Company details
CIN U72900MH2019PTC332631
Registration Number 332631
Incorporation Date 06 November 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Upick Services
Contact details
Upick Services Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is upickservices.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat A – 203 Shiv Kutir Geetika Chs Plot No. 105/106 Sec – 29 Vashi, Navi Mumbai, Maharashtra, India – 400703
- IndustryTelecom, Telecom Network Support
To see the full contact details of Upick Services Private Limited, buy the company report.
Comprehensive company report
Upick Services 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
Upick Services operates one associated brand: uPick. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IoT, connectivity, and management solutions for enterprises globally. | upickservices.in |
Business activity
The main business activity of Upick Services is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Upick Services Private Limited, buy the company report.
Financials of Upick Services Private Limited
FY 2024 filings availableUpick Services Private Limited reported revenue of ₹8.89 Lakh (down 83% YoY) for FY 2023.
Revenue · FY 2023
₹8.89 Lakh ▼ 83%
Net loss · FY 2023
₹2.41 Lakh margin -27.1%
EBITDA · FY 2023
-₹1.5 Lakh margin -16.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 83%
EBITDA CAGR growth
1 year
▼ 143%
3 years · compounded
▲ 46%
Revenue fell 83% in the latest year. EBITDA fell 143% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹8.89 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1.5 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2.41 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -16.9% | |||
| Net Profit Margin | -27.1% | |||
| 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 Upick Services Private Limited, buy the company report.
Board of directors of Upick Services Private Limited
Upick Services has 4 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 |
|---|---|---|---|---|
| Kumar Govindji Majethia Also directs: Memorio Digital Media LLP, Bill Cloud Private Limited | Director | 06 Nov 2019 | 7 Years 0 Months | Current |
| Seema Kanungo | Director | 31 Mar 2020 | 6 Years 7 Months | Current |
| Rinoo Rajesh Also directs: Clear Collectai Private Limited, Xitij Technology Services Private Limited, Global Artisans Private Limited and 2 more | Director | 11 Jun 2020 | 6 Years 4 Months | Current |
| Kallol Kanungo Also directs: Nine Infinite Consulting Private Limited | Director | 06 Nov 2019 | 7 Years 0 Months | Current |
Auditor
Upick Services Private Limited is audited by SURESH M V for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESH M V | FY 2023 | 131484 |
Shareholding
The shareholding of Upick Services Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Upick Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Upick Services 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 Upick Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Upick Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCU5129P1ZT | Maharashtra | Active | 16 Jan 2020 |
To see the full GST registrations and return filing status of Upick Services Private Limited, buy the company report.
Recent activity
Upick Services Private Limited has 5 board changes on record since 2019: 4 appointments and 1 cessation. The latest: Rinoo Rajesh ceased to be Additional Director on 31 Dec 2020.
AGM
Upick Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Upick Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Rinoo Rajesh ceased to be Additional Director.
Appointed
Rinoo Rajesh was appointed as Director.
Appointed
Seema Kanungo was appointed as Director.
Appointed
Kallol Kanungo was appointed as Director.
Appointed
Kumar Govindji Majethia was appointed as Director.
Incorporation
06 Nov 2019
Upick Services Private Limited was registered on 06 Nov 2019 with Roc Mumbai & aged 7 years 3 days as per MCA records.
Frequently asked questions
Upick Services is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in telecom network support, within the telecom industry. It was incorporated on 06 November 2019 (7+ years old) and is registered under CIN U72900MH2019PTC332631.
Upick Services has 4 current directors:
- Kumar Govindji Majethia - Director
- Seema Kanungo - Director
- Rinoo Rajesh - Director
- Kallol Kanungo - Director
The latest financial statements of Upick Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Upick Services is 27AACCU5129P1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Upick Services is U72900MH2019PTC332631. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Upick Services was incorporated on 06 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Rinoo Rajesh ceased to be Additional Director on 31 Dec 2020. Rinoo Rajesh was appointed as Director on 11 Jun 2020. Seema Kanungo was appointed as Director on 31 Mar 2020. Upick Services has 5 board changes on record in total.
Yes, Upick Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Upick Services can be reached through the website upickservices.in. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Upick Services is at Flat A – 203 Shiv Kutir Geetika Chs Plot No. 105106 Sec – 29 Vashi, Navi Mumbai, Maharashtra, India – 400703.
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