About Step-Up
Step-Up is a Financial Services company founded in 2013. Outsourcing services for collections, legal, and data processing in the BFSI sector. Its Indian entity Step-Up Business Services Private Limited reported revenue of ₹2.40 Cr. Step-Up offers products and services including SARFAESI Compliance Services and Digital Communication Solutions. Its focus areas include Banking and Finance, Debt Collections, Recovery Processes and Legal Services.
Company details
Step-Up is recognized for specializing in business process outsourcing, focusing on collections, legal services, and operations management for banks and NBFCs in the BFSI sector. Workflows are optimized to ensure data accuracy, compliance, and security through advanced automation and multilingual communication frameworks. End-to-end solutions, including SARFAESI compliance and digital communication, are delivered to enhance efficiency and drive business growth. Since 2013, over 40 million communications have been managed, supporting secure and effective customer engagement across various platforms.
- SectorsFinancial Services
- Email••••••••
- Website step-upservices.com
- Legal Name Step-Up Business Services Pvt. Ltd.
- Date of Incorporation 27 Nov, 2013
- Jurisdiction Mumbai, Maharashtra, India
- Indian entity revenue₹2.40 Cr
FY 2024 · -15% YoY
- Indian entity net profit₹9.3 Lakh
FY 2024 · 4% margin
- Indian entity EBITDA₹16.6 Lakh
FY 2024 · 7% margin
Associated legal entities of Step-Up
Step-Up operates through Step-Up Business Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Step-Up Business Services Private Limited CIN U74999MH2013PTC250433 | Active | 27 Nov 2013 | Mumbai, Maharashtra | ₹2.4 Cr | 2 | View details |
Products & Services of Step-Up
Step-Up offers a comprehensive portfolio of products and services, including SARFAESI Compliance Services and Digital Communication Solutions.
SARFAESI compliance and legal documentation are provided for efficient recovery processes in banks and NBFCs.
Multichannel communication across SMS, Email, and WhatsApp is facilitated for customer engagement and compliance tracking.
Board of directors of Step-Up Business Services Private Limited (Step-Up)
Step-Up Business Services Private Limited is the primary company behind Step-Up. The board of Step-Up Business Services Private Limited currently have 2 directors; the longest-serving is Mehul Kishor Shah, appointed in 2013.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mehul Kishor Shah DIN 06722997 | Director | 27 Nov 2013 | 12 yrs 11 mo | Step-Up Business Services Private Limited |
| Agnelo Manuel Dmello DIN 00323227 | Director | 27 Nov 2013 | 12 yrs 11 mo | Step-Up Business Services Private Limited |
Financials of Step-Up
Figures of Step-Up Business Services Private Limited, the primary company behind Step-Up, for FY 2024. Revenue was ₹2.40 Cr (-15% year on year). Net profit was ₹9.3 Lakh (4% margin). EBITDA was ₹16.6 Lakh (7% margin). Revenue has grown at a compounded annual rate of +3% over three years and +1% over five years.
- ₹2.40 CrRevenue · FY 2024 · -15% YoY
- ₹9.3 LakhNet profit · 4% margin
- ₹16.6 LakhEBITDA · 7% margin
- ₹1 LakhPaid-up capital
- +3%Revenue CAGR, 3 years
- +1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Step-Up Business Services Private Limited are on its company page.
Detailed financial statements for Step-Up
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Frequently Asked Questions about Step-Up
Step-Up was founded in 2013.
The primary company behind Step-Up, Step-Up Business Services Private Limited, reported revenue of ₹2.40 Cr for FY 2024, down 15% year on year.
Step-Up is recognized for specializing in business process outsourcing, focusing on collections, legal services, and operations management for banks and NBFCs in the BFSI sector. Workflows are optimized to ensure data accuracy, compliance, and security through advanced automation and multilingual communication frameworks. End-to-end solutions, including SARFAESI compliance and digital communication, are delivered to enhance efficiency and drive business growth. Since 2013, over 40 million communications have been managed, supporting secure and effective customer engagement across various platforms.
Step-Up offers SARFAESI Compliance Services and Digital Communication Solutions.
Step-Up operates through Step-Up Business Services Private Limited.
The legal entities of Step-Up currently have 2 directors, including Mehul Kishor Shah, Agnelo Manuel Dmello.