Groundup Technologies Private Limited
About Groundup Technologies Private Limited
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Groundup Technologies Private Limited is a private limited company based in Aurangabad, Maharashtra, India, recognised as a startup by DPIIT. It operates in the flavouring and seasoning additives segment of the food and beverages sector. It was incorporated on 22 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH2020PTC348448. Its GSTIN is 27AAICG6159R1ZP (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vyenkatesh Vinayak Deshpande and Sushma Deshpande.
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 Flat No D – 13 Disha Nabhangan N – 2 Cidco Aurangabad – 431001, Maharashtra, India – 431001.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.78 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹6,938 (net margin -0.2%) and EBITDA of ₹4,050 (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years.
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- Registered AddressFlat No D – 13 Disha Nabhangan N – 2 Cidco Aurangabad – 431001, Maharashtra, India – 431001
- IndustryFood and Beverages, Flavouring & Seasoning Additives
- 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 Groundup Technologies Private Limited
The main business activity of Groundup Technologies is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | 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 Groundup Technologies Private Limited FY 2025 filings available
Groundup Technologies Private Limited reported revenue of ₹28.78 Lakh (down 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Groundup Technologies Private Limited
Revenue fell 38% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 56%. EBITDA fell 97% 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 Groundup 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 | ₹4,050 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6,938 | •••• | •••• | •••• | •••• |
| 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 Groundup Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.2% | •••• | •••• | •••• | •••• |
| 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 Groundup Technologies are in the company report.
Financial statements from FY 2021
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 Groundup Technologies Private Limited
Groundup Technologies Private Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Flavouring and Seasoning Additives). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ajit Salt Private Limited | ₹34.64 Lakh (FY 2025) | •••• | •••• | 113.0% | •••• | Tuticorin, Tamil Nadu, India |
| Sree Maruthi Agrotech Private Limited | ₹32.94 Lakh (FY 2025) | •••• | •••• | 162.0% | •••• | Hyderabad, Telangana, India |
| Nirus Agro Food Products Private Limited | ₹31.98 Lakh (FY 2025) | •••• | •••• | 38.0% | •••• | Guwahati, Assam, India |
| Roha Natural Extracts Private Limited | ₹31.4 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Saiguru Foodgum Manufacturer Private Limited | ₹29.32 Lakh (FY 2023) | •••• | •••• | 292.0% | •••• | Wadhwan, Gujarat, India |
| Groundup Technologies Private Limited this company | ₹28.78 Lakh (FY 2025) | •••• | •••• | -38.0% | •••• | Aurangabad, Maharashtra, India |
| Hardleys Ingredients Private Limited | ₹28.66 Lakh (FY 2024) | •••• | •••• | 416.0% | •••• | Ernakulam, Kerala, India |
| Khanak Foods Private Limited | ₹28.04 Lakh (FY 2024) | •••• | •••• | 16202.0% | •••• | Bhilwara, Rajasthan, India |
| Kerry Limited | ₹27.79 Lakh (FY 2023) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Kahuna Industries Private Limited | ₹25.85 Lakh (FY 2024) | •••• | •••• | -85.0% | •••• | Delhi, India |
| Shree Sant Namdev Shetkari Farmers Producer Company Limited | ₹25.65 Lakh (FY 2024) | •••• | •••• | 256.0% | •••• | Hingoli, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Groundup Technologies by revenue in the Food and Beverages industry (Flavouring and Seasoning Additives), 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 Groundup Technologies Private Limited
Groundup Technologies 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 |
|---|---|---|---|---|
| Vyenkatesh Vinayak Deshpande | Director | 22 Oct 2020 | 5 Years 11 Months | Current |
| Sushma Deshpande | Director | 04 Mar 2026 | 0 Years 7 Months | Current |
Ownership and Shareholding of Groundup Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Groundup Technologies Private Limited
Groundup Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Groundup Technologies Private Limited
Groundup Technologies Private Limited has a workforce of 0 employees as of Apr 08, 2024.
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.
Recent Activity on Groundup Technologies Private Limited
Groundup Technologies Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Sushma Deshpande was appointed as Director on 04 Mar 2026.
Credit Ratings, Litigation & Regulatory Alerts for Groundup 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 Groundup 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 Groundup 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 Groundup Technologies Private Limited
Groundup Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICG6159R1ZP | Maharashtra | Active | 01 Dec 2020 |
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 Groundup 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 Groundup Technologies Private Limited
Groundup Technologies is an active private limited company based in Aurangabad, Maharashtra, India. The company works in flavouring and seasoning additives, within the food and beverages industry. It was incorporated on 22 October 2020 (6+ years old) and is registered under CIN U25209MH2020PTC348448.
Groundup Technologies reported revenue of ₹28.78 Lakh for FY 2025 (down 38% YoY).
Groundup Technologies has 2 current directors:
- Vyenkatesh Vinayak Deshpande - Director
- Sushma Deshpande - Director
Groundup Technologies reported a net loss of ₹6,938 (net margin -0.2%) and EBITDA of ₹4,050 (EBITDA margin 0.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Groundup Technologies is 56% over three years. In the latest year (FY 2025) revenue fell 38%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Groundup Technologies is 27AAICG6159R1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Groundup Technologies is U25209MH2020PTC348448. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Groundup Technologies was incorporated on 22 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Groundup Technologies by revenue are Ajit Salt Private Limited, Sree Maruthi Agrotech Private Limited, Nirus Agro Food Products Private Limited, Roha Natural Extracts Private Limited, Saiguru Foodgum Manufacturer Private Limited and 5 more, all in the Food and Beverages industry (Flavouring and Seasoning Additives).
Sushma Deshpande was appointed as Director on 04 Mar 2026. Ameya Vyenkatesh Deshpande was appointed as Director on 22 Oct 2020. Vyenkatesh Vinayak Deshpande was appointed as Director on 22 Oct 2020.
Yes, Groundup Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).