Upstander Technologies Private Limited
About Upstander Technologies Private Limited
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Upstander Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 14 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U26600MH2016PTC288440. Its GSTIN is 27AACCU0171F1ZM (Maharashtra).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹10.2 Lakh. It is led by directors including Dhaval Shailesh Mehta and Trupti Shailesh Mehta.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.83 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹23.91 Lakh (net margin -80.2%) and EBITDA of -₹18.86 Lakh (EBITDA margin -63.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address503 Shivam Building No 212 Rn Narkar Road Opposite Odeon Swimming Pool Ghatkopar, (East), Mumbai, Maharashtra, India – 400077
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- 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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Business Activity of Upstander Technologies Private Limited
The main business activity of Upstander Technologies is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Upstander Technologies Private Limited FY 2025 filings available
Upstander Technologies Private Limited reported revenue of ₹29.83 Lakh (down 69% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Upstander Technologies Private Limited
Revenue fell 69% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 227% 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 of Upstander Technologies Private Limited
| Metrics | FY 2024-25 | 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 | -₹18.86 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹23.91 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 of Upstander Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -63.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -80.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Upstander Technologies are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Upstander Technologies Private Limited
Upstander Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R V M Controls Private Limited | ₹30.21 Lakh (FY 2024) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Oliveiot Innovations Private Limited | ₹30.15 Lakh (FY 2023) | •••• | •••• | 149.0% | •••• | Chennai, Tamil Nadu, India |
| S G Infosys Private Limited | ₹30.11 Lakh (FY 2024) | •••• | •••• | -79.0% | •••• | Mohali, Punjab, India |
| Viliso Technologies Private Limited | ₹29.94 Lakh (FY 2024) | •••• | •••• | 153.0% | •••• | Mumbai, Maharashtra, India |
| Inlight Data Analytics Private Limited | ₹29.91 Lakh (FY 2020) | •••• | •••• | 11.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Upstander Technologies Private Limited this company | ₹29.83 Lakh (FY 2025) | •••• | •••• | -69.0% | •••• | Mumbai, Maharashtra, India |
| Elohi Multiventures Private Limited | ₹29.65 Lakh (FY 2024) | •••• | •••• | -61.0% | •••• | Mumbai, Maharashtra, India |
| Sisnet Technology Private Limited | ₹29.37 Lakh (FY 2025) | •••• | •••• | -21.0% | •••• | Kolkata, West Bengal, India |
| Shilpa High Rise Private Limited | ₹29.36 Lakh (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Prerna Services Private Limited | ₹29.22 Lakh (FY 2018) | •••• | •••• | -97.0% | •••• | Noida, Uttar Pradesh, India |
| Optimus Tech Solutions Private Limited | ₹29.05 Lakh (FY 2024) | •••• | •••• | -38.0% | •••• | Faridabad, Haryana, India |
Peers are the five companies nearest above and the five nearest below Upstander Technologies by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Upstander Technologies Private Limited
Upstander Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhaval Shailesh Mehta Also directs: Upstander Healthcare Private Limited | Director | 14 Dec 2016 | 9 Years 9 Months | Current |
| Trupti Shailesh Mehta | Director | 14 Dec 2016 | 9 Years 9 Months | Current |
| Shailesh Chunilal Mehta Also directs: Upstander Healthcare Private Limited | Director | 14 Dec 2016 | 9 Years 9 Months | Current |
Charges & Borrowings of Upstander Technologies Private Limited
Upstander Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Upstander Technologies Private Limited
Employment history and EPFO contributions of people linked to Upstander Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Upstander Technologies Private Limited
Upstander Technologies has one previous CIN (Corporate Identification Number): U31909MH2016PTC288440. The current CIN is U26600MH2016PTC288440, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26600MH2016PTC288440 | Current |
| U31909MH2016PTC288440 | Previous |
Recent Activity on Upstander Technologies Private Limited
Upstander Technologies Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Dhaval Shailesh Mehta was appointed as Director on 14 Dec 2016.
Credit Ratings, Litigation & Regulatory Alerts for Upstander Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Upstander Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Upstander Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Upstander Technologies Private Limited
Upstander Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCU0171F1ZM | Maharashtra | Active | 28 Dec 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Upstander Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Upstander Technologies Private Limited
Upstander Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 14 December 2016 (10+ years old) and is registered under CIN U26600MH2016PTC288440.
Upstander Technologies reported revenue of ₹29.83 Lakh for FY 2025 (down 69% YoY).
Upstander Technologies has 3 current directors:
- Dhaval Shailesh Mehta - Director
- Trupti Shailesh Mehta - Director
- Shailesh Chunilal Mehta - Director
Upstander Technologies reported a net loss of ₹23.91 Lakh (net margin -80.2%) and EBITDA of -₹18.86 Lakh (EBITDA margin -63.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Upstander Technologies is 9% over three years. In the latest year (FY 2025) revenue fell 69%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Upstander Technologies is 27AACCU0171F1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Upstander Technologies is U26600MH2016PTC288440. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Upstander Technologies was incorporated on 14 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Upstander Technologies by revenue are R V M Controls Private Limited, Oliveiot Innovations Private Limited, S G Infosys Private Limited, Viliso Technologies Private Limited, Inlight Data Analytics Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).
Dhaval Shailesh Mehta was appointed as Director on 14 Dec 2016. Shailesh Chunilal Mehta was appointed as Director on 14 Dec 2016. Trupti Shailesh Mehta was appointed as Director on 14 Dec 2016.
The registered office of Upstander Technologies is at 503 Shivam Building No 212 Rn Narkar Road Opposite Odeon Swimming Pool Ghatkopar, East, Mumbai, Maharashtra, India – 400077.