Upward Developers Private Limited
About Upward Developers Private Limited
Data last updated:
Upward Developers Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 21 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45400WB2011PTC157757.
The company has an authorised share capital of ₹54 Lakh and a paid-up capital of ₹53.19 Lakh. It is led by directors Sanjib Kumar Mondal and Aloke Chakraborty.
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 Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.58 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹20,916 (net margin 0.1%) and EBITDA of ₹30,935 (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 625% over three years and 158% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Upward Developers Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address255 Canal Street Sreebhumi Brijdham Housing Complex Bld – 5 Flat, 1A, Kolkata, West Bengal, India – 700048
- IndustryFinancial Services, Financial Activities
To see the full contact details of Upward Developers Private Limited, buy the company report.
- 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
Business activity
The main business activity of Upward Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Upward Developers Private Limited, buy the company report.
Financials of Upward Developers Private Limited
FY 2025 filings availableUpward Developers Private Limited reported revenue of ₹2.58 Cr (up 87124% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 158% over five years. EBITDA rose 448% 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 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹30,935 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20,916 | ||||
| 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 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Upward Developers Private Limited, buy the company report.
Board of directors of Upward Developers Private Limited
Upward Developers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjib Kumar Mondal Also directs: Creative Infra Realtors Private Limited, Ultimate Infrabuild Private Limited, Antimony Dealers Private Limited and 5 more | Director | 21 Jan 2011 | 15 Years 9 Months | Current |
| Aloke Chakraborty Also directs: Creative Infra Realtors Private Limited, Ultimate Infrabuild Private Limited, Antimony Dealers Private Limited and 5 more | Director | 17 Apr 2019 | 7 Years 6 Months | Current |
Peer comparison
Upward Developers Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Umv Projects Private Limited | ₹2.58 Cr (FY 2024) | 2.0% | Sasaram, Bihar, India | |||
| Kirit Khodiyar Buildcon Private Limited | ₹2.58 Cr (FY 2017) | 12.0% | Meghpar Kumbhardi, Gujarat, India | |||
| Antares Infra India Private Limited | ₹2.58 Cr (FY 2016) | 6350.0% | New Delhi, Delhi, India | |||
| H.A.Constructions Private Limited | ₹2.58 Cr (FY 2025) | 15.0% | Mumbai, Maharashtra, India | |||
| Amtex Paints Private Limited | ₹2.58 Cr (FY 2025) | 15.0% | Delhi, India | |||
| Upward Developers Private Limitedthis company | ₹2.58 Cr (FY 2024) | ₹20,916 | 0.1% | 87124.0% | Kolkata, West Bengal, India | |
| Aufbau Infra Private Limited | ₹2.58 Cr (FY 2017) | Delhi, India | ||||
| Hive Infrastructure Private Limited | ₹2.58 Cr (FY 2025) | 5622.0% | Pathapatnam Road, Odisha, India | |||
| Val Nirman Private Limited | ₹2.58 Cr (FY 2025) | 4.0% | Hyderabad, Telangana, India | |||
| Idpro Contracting Private Limited | ₹2.58 Cr (FY 2023) | 3299.0% | Chennai, Tamil Nadu, India | |||
| T.M. Concrete Creation Private Limited | ₹2.58 Cr (FY 2025) | -38.0% | Asansol, West Bengal, India |
To see the full peer comparison of Upward Developers Private Limited, buy the company report.
Auditor
Upward Developers Private Limited is audited by M. K. K. AGARWAL & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. K. K. AGARWAL & ASSOCIATES | FY 2017 | 328816E |
Shareholding
The shareholding of Upward Developers Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Upward Developers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Upward Developers 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 Upward Developers 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 Upward Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Upward Developers Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Aloke Chakraborty was appointed as Director on 17 Apr 2019.
Frequently asked questions
Upward Developers is an active private limited company based in Kolkata, West Bengal, India. The company works in financial activities, within the financial services industry. It was incorporated on 21 January 2011 (15+ years old) and is registered under CIN U45400WB2011PTC157757.
Upward Developers has 2 current directors:
- Sanjib Kumar Mondal - Director
- Aloke Chakraborty - Director
The latest financial statements of Upward Developers 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Upward Developers is U45400WB2011PTC157757. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Upward Developers was incorporated on 21 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Upward Developers by revenue are Umv Projects Private Limited, Kirit Khodiyar Buildcon Private Limited, Antares Infra India Private Limited, H.A.Constructions Private Limited, Amtex Paints Private Limited and 5 more, all in the same principal business activity (buildings).
Aloke Chakraborty was appointed as Director on 17 Apr 2019. Dipankar Sarkar ceased to be Director on 17 Apr 2019. Sanjib Kumar Mondal was appointed as Director on 21 Jan 2011.
The registered office of Upward Developers is at 255 Canal Street Sreebhumi Brijdham Housing Complex Bld – 5 Flat, 1A, Kolkata, West Bengal, India – 700048.
Upward Developers operates in the financial services industry, in the financial activities segment.
The compliance status of Upward Developers is compliant as of 12 August 2026. The company is actively filing with the Registrar of Companies.
Upward Developers can be reached at its registered office: 255 Canal Street Sreebhumi Brijdham Housing Complex Bld – 5 Flat, 1A, Kolkata, West Bengal, India – 700048.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
