About Up Well IT Solutions Private Limited
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Up Well IT Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 09 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC100370. Its GSTIN is 29AAFCV7480B1Z4 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Van Techno Solutions Private Limited. It is led by directors Kumar Shivaramaiah Naveen (Managing Director) and Kodalipura Venkatagiriyappa Shivaramaiah.
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 16/4 7th Cross 8th Street Jogupalyam Ulsoor, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.1 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹35,947 (net margin -17.1%) and EBITDA of -₹33,000 (EBITDA margin -15.7%). Revenue has grown at a compounded annual rate (CAGR) of 13% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vantechno.com.
Company details
Contact details
Up Well IT Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is vantechno.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address16/4 7th Cross 8th Street Jogupalyam Ulsoor, Bangalore, Karnataka, India – 560008
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Up Well IT Solutions 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 Up Well IT Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Up Well IT Solutions Private Limited, buy the company report.
Financials of Up Well IT Solutions Private Limited
FY 2025 filings availableUp Well IT Solutions Private Limited reported revenue of ₹2.1 Lakh (down 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 70% 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
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| EBITDA | -₹33,000 | ||||
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| Net Profit (PAT) | -₹35,947 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -15.7% | ||||
| Net Profit Margin | -17.1% | ||||
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To see the full financial statements and ratios of Up Well IT Solutions Private Limited, buy the company report.
Board of directors of Up Well IT Solutions Private Limited
Up Well IT Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumar Shivaramaiah Naveen | Managing Director | 09 Feb 2017 | 9 Years 8 Months | Current |
| Kodalipura Venkatagiriyappa Shivaramaiah | Director | 09 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
Up Well IT Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dream Igniters Private Limited | ₹2.12 Lakh (FY 2024) | Kolkata, West Bengal, India | ||||
| Rihtdm Overseas Private Limited | ₹2.1 Lakh (FY 2022) | -77.0% | Una, Himachal Pradesh, India | |||
| Aapkarj Services Private Limited | ₹2.1 Lakh (FY 2025) | -68.0% | Khamtarai, Chhattisgarh, India | |||
| Up Well IT Solutions Private Limitedthis company | ₹2.1 Lakh (FY 2024) | -₹35,947 | -17.1% | -9.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Up Well IT Solutions Private Limited, buy the company report.
Auditor
Up Well IT Solutions Private Limited is audited by MANOJ KUMAR D & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJ KUMAR D & ASSOCIATES | FY 2019 | 013987S |
Shareholding
The shareholding of Up Well IT Solutions Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Up Well IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Up Well IT Solutions 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 Up Well IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Up Well IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCV7480B1Z4 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Up Well IT Solutions Private Limited, buy the company report.
Recent activity
Up Well IT Solutions Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Kodalipura Venkatagiriyappa Shivaramaiah ceased to be Additional Director on 07 Dec 2018.
Frequently asked questions
Up Well IT Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 09 February 2017 (9+ years old) and is registered under CIN U74999KA2017PTC100370.
Up Well IT Solutions has 2 current directors:
- Kumar Shivaramaiah Naveen - Managing Director
- Kodalipura Venkatagiriyappa Shivaramaiah - Director
The latest financial statements of Up Well IT Solutions 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 2017 are in the company report.
The GSTIN of Up Well IT Solutions is 29AAFCV7480B1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Up Well IT Solutions is U74999KA2017PTC100370. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Up Well IT Solutions was incorporated on 09 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Up Well IT Solutions by revenue are Dream Igniters Private Limited, Rihtdm Overseas Private Limited, Aapkarj Services Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Kodalipura Venkatagiriyappa Shivaramaiah ceased to be Additional Director on 07 Dec 2018. Ashwini ceased to be Director on 09 Feb 2018. Kodalipura Venkatagiriyappa Shivaramaiah was appointed as Director on 09 Feb 2018. Up Well IT Solutions has 5 board changes on record in total.
Up Well IT Solutions can be reached through the website vantechno.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Up Well IT Solutions is at 164 7th Cross 8th Street Jogupalyam Ulsoor, Bangalore, Karnataka, India – 560008.
Up Well IT Solutions operates in the business outsourcing industry, in the HR outsourcing and talent management segment.