Upthrust Esports Private Limited

Upthrust Esports Private Limited - consumer goods in Jhansi, Uttar Pradesh, India. Directors, charges & compliance details.
CIN U72900UP2021PTC146930 Incorporated 04 June 2021 ROC Uttar Pradesh HQ Jhansi, Uttar Pradesh, India
Active Private Limited Company consumer goods DPIIT Startup
Data last updated
Revenue · FY 2024
₹3.28 Cr
▲ 17% YoY
Net loss · FY 2024
₹25.06 Lakh
Net margin -7.6%
EBITDA · FY 2024
-₹14.86 Lakh
EBITDA margin -4.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Brands
2
Associated brands

About Upthrust Esports Private Limited

Data last updated:

Upthrust Esports Private Limited is a private limited company based in Jhansi, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the sports equipment retail and distribution segment of the consumer goods sector. It was incorporated on 04 June 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U72900UP2021PTC146930.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kartik Sabherwal (Managing Director) and Sonu Sabharwal.

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 1668 – A Civil Lines Manu Vihar Colony Jhansi Jhans Up 284001 In, Uttar Pradesh, India – 284001.

As per the financials filed for FY 2024, the company reported a revenue of ₹3.28 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net loss of ₹25.06 Lakh (net margin -7.6%) and EBITDA of -₹14.86 Lakh (EBITDA margin -4.5%).

The company is associated with 2 brands: Max Developer and Upthrust Esports.

For more details, the company can be reached via its website upthrustesports.com.

Company details

CIN U72900UP2021PTC146930
Registration Number 146930
Incorporation Date 04 June 2021
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Upthrust Esports

DPIIT recognised startup Government of India
Startup India

Contact details

Upthrust Esports Private Limited's registered office is in Jhansi, Uttar Pradesh.

  • Social Media
  • Registered Address
    1668 – A Civil Lines Manu Vihar Colony Jhansi Jhans Up 284001 In, Uttar Pradesh, India – 284001
  • Industry
    Consumer Goods, Sports Equipment Retail & Distribution
Comprehensive company report
Upthrust Esports 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

Upthrust Esports operates two associated brands: Max Developer and Upthrust Esports. Each brand links to its own profile.

BrandDescriptionWebsite
Provides end-to-end software development services, including design, coding, and maintenance.maxdevelopers.in
Esports organization providing competitive gaming services and digital entertainment.upthrustesports.com

Business activity

The main business activity of Upthrust Esports is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Upthrust Esports Private Limited, buy the company report.

Financials of Upthrust Esports Private Limited

FY 2025 filings available

Upthrust Esports Private Limited reported revenue of ₹3.28 Cr (up 17% YoY) for FY 2024.

Revenue · FY 2024
₹3.28 Cr ▲ 17%
Net loss · FY 2024
₹25.06 Lakh margin -7.6%
EBITDA · FY 2024
-₹14.86 Lakh margin -4.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 17%
EBITDA CAGR growth
1 year
▼ 121%

Revenue rose 17% in the latest year. EBITDA fell 121% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22
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-₹14.86 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹25.06 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

MetricsFY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin-4.5%
Net Profit Margin-7.6%
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 Upthrust Esports Private Limited, buy the company report.

Board of directors of Upthrust Esports Private Limited

Upthrust Esports has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kartik SabherwalManaging Director04 Jun 20215 Years 4 MonthsCurrent
Sonu SabharwalDirector04 Jun 20215 Years 4 MonthsCurrent

Peer comparison

Upthrust Esports Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Esports, Sports Equipment Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Dravidian Sportiveta Private Limited₹3.45 Cr (FY 2024)408.0%Bangalore, Karnataka, India
Upthrust Esports Private Limitedthis company₹3.28 Cr (FY 2024)-₹25.06 Lakh-7.6%17.0%Jhansi, Uttar Pradesh, India
10'S Sports India Private Limited₹3.13 Cr (FY 2025)-33.0%Karur, Tamil Nadu, India
Allday Sports Retail Private Limited₹3.05 Cr (FY 2024)-32.0%Hyderabad, Telangana, India
Pin High India Private Limited₹3.03 Cr (FY 2024)-8.0%Chennai, Tamil Nadu, India

To see the full peer comparison of Upthrust Esports Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Upthrust Esports Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Upthrust Esports Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Upthrust Esports Private Limited has 5 board changes on record since 2021: 3 appointments and 2 cessations. The latest: Vaibhav Kumar ceased to be Additional Director on 09 Jun 2025.

AGM
Upthrust Esports Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Vaibhav Kumar ceased to be Additional Director.
Filing
Upthrust Esports Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh I.
Ceased
Kartik Sabherwal ceased to be Director.
Appointed
Vaibhav Kumar was appointed as Additional Director.
Appointed
Kartik Sabherwal was appointed as Managing Director.
Appointed
Sonu Sabharwal was appointed as Director.
Incorporation
04 Jun 2021
Upthrust Esports Private Limited was registered on 04 Jun 2021 with Roc Uttar Pradesh I & aged 5 years 4 months as per MCA records.

Frequently asked questions

Upthrust Esports is an active private limited company based in Jhansi, Uttar Pradesh, India. The company works in sports equipment retail and distribution, within the consumer goods industry. It was incorporated on 04 June 2021 (5+ years old) and is registered under CIN U72900UP2021PTC146930.

Upthrust Esports has 2 current directors:

The latest financial statements of Upthrust Esports 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 2022 are in the company report.

The CIN (Corporate Identification Number) of Upthrust Esports is U72900UP2021PTC146930. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Upthrust Esports was incorporated on 04 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.

The peers of Upthrust Esports by revenue are Dravidian Sportiveta Private Limited, 10'S Sports India Private Limited, Allday Sports Retail Private Limited, Pin High India Private Limited, all in the Consumer Products industry (Esports, Sports Equipment Retail and Distribution), with the same principal business activity (retail trading).

Vaibhav Kumar ceased to be Additional Director on 09 Jun 2025. Kartik Sabherwal ceased to be Director on 30 Jul 2024. Vaibhav Kumar was appointed as Additional Director on 18 Jul 2024. Upthrust Esports has 5 board changes on record in total.

Yes, Upthrust Esports is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Upthrust Esports can be reached through the website upthrustesports.com. Its registered office is in Jhansi, Uttar Pradesh, India.

The registered office of Upthrust Esports is at 1668 – A Civil Lines Manu Vihar Colony Jhansi Jhans Up 284001 In, Uttar Pradesh, India – 284001.

Upthrust Esports operates in the consumer goods industry, in the sports equipment retail and distribution segment.