- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0217696

Upasana Resources Pvt Ltd
About Upasana Resources Pvt Ltd
Data last updated:
Upasana Resources Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 July 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40300MH1991PTC273786. Its GSTIN is 27AAACU5848B2ZD (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.2 Cr. It is led by directors including Sanjeev Kanwar and Vandhana Sanjeev Kanwar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.55 Cr, a growth of 106% compared to the previous year. For the same year it recorded a net profit of ₹5.61 Cr (net margin 44.7%) and EBITDA of ₹11.38 Cr (EBITDA margin 90.6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹11.95 Cr on record. Court records list 15 cases involving the company, including 8 filed by the company and 7 filed against it; 3 cases are pending.
Upasana Resources Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0217696). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Upasana Resources has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40300MH1991PTC273786, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40300MH1991PTC273786 | Current |
| U27109WB1991PTC052324 | Previous |
| U40300WB1991PTC052324 | Previous |
Recognitions & Rankings of Upasana Resources
Contact details
Upasana Resources Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address25 Firstfloor Gopal Bhuvan Building, Kakasaheb Gadgil Marg Khedgully Dadar (W), Mumbai, Maharashtra, India – 400025
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Upasana Resources Pvt Ltd, 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 Upasana Resources is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Upasana Resources Pvt Ltd, buy the company report.
Financials of Upasana Resources Pvt Ltd
FY 2024 filings availableUpasana Resources Pvt Ltd reported revenue of ₹12.55 Cr (up 106% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 106% growth in the latest year. EBITDA rose 143% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹11.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.61 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 90.6% | ||||
| Net Profit Margin | 44.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Upasana Resources Pvt Ltd, buy the company report.
Board of directors of Upasana Resources Pvt Ltd
Upasana Resources has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Kanwar Also directs: Pratiksha Real Estates Private Limited, Balwas Investments Private Limited, Tao Builders and Developers Pvt Ltd and 4 more | Director | 30 May 2002 | 24 Years 5 Months | Current |
| Vandhana Sanjeev Kanwar Also directs: Bombay Cable Company Private Limited, Pratiksha Real Estates Private Limited, Balwas Investments Private Limited and 3 more | Director | 30 May 2002 | 24 Years 5 Months | Current |
| Praveen Krishna Nayak | Director | 18 May 2017 | 9 Years 5 Months | Current |
Peer comparison
Upasana Resources Pvt Ltd is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aryaman Properties and Investments Private Limited | ₹12.55 Cr (FY 2016) | 419.0% | Mumbai, Maharashtra, India | |||
| Upasana Resources Pvt Ltdthis company | ₹12.55 Cr (FY 2025) | ₹5.61 Cr | 44.7% | 106.0% | Mumbai, Maharashtra, India | |
| Purelearn Eduinfra Bangalore Private Limited | ₹12.55 Cr (FY 2025) | 2.0% | Hyderabad, Telangana, India | |||
| Romano Buildtech Private Limited | ₹12.54 Cr (FY 2025) | 9.0% | New Delhi, Delhi, India |
To see the full peer comparison of Upasana Resources Pvt Ltd, buy the company report.
Auditor
Upasana Resources Pvt Ltd is audited by K C P L and Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K C P L and Associates LLP | FY 2023 | 119223W |
Shareholding
The shareholding of Upasana Resources Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Upasana Resources Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2023 | 100798236 | Others | ₹10 Cr | Open | |
| 18 Apr 2022 | 100570216 | Others | ₹7 Cr | Satisfied | |
| 31 Mar 2017 | 100103066 | Others | ₹4.95 Cr | Satisfied |
To see the full charge records of Upasana Resources Pvt Ltd, buy the company report.
Total charge records: 3 View all charges
Legal cases
Upasana Resources Pvt Ltd has 15 court cases on record: 8 filed by Upasana Resources, 7 filed against it. 3 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 4 | 0 |
| High courts | 7 | 3 | 3 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Shanti Sagar Realty India Pvt. Ltd. and 2 Ors | Pending |
| High Court, MAHARASHTRA | Commercial suit | Filed by the company against Shanti Sagar Realty India Pvt. Ltd. and 2 Ors and 2 others | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Shanti Sagar Realty India Pvt Ltd | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (MARJI) | Filed against the company by Messrs Miltons Private Ltd | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company | Pending |
To see the full case history of Upasana Resources Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Upasana Resources Pvt Ltd has 2 MSME Form 1 returns on record for the period ending Sep 2020, listing 5 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shakti Hardware Collections Private Limited | |||
| Prism | |||
| Kennis Global Solutions LLP | |||
| an individual supplier |
To see the full MSME payment records of Upasana Resources Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Upasana Resources has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Upasana Resources has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACU5848B2ZD | Maharashtra | Active | 13 Nov 2018 |
To see the full GST registrations and return filing status of Upasana Resources Pvt Ltd, buy the company report.
Recent activity
Upasana Resources Pvt Ltd has 3 board changes on record since 2002: 3 appointments. The latest: Praveen Krishna Nayak was appointed as Director on 18 May 2017.
Frequently asked questions
Upasana Resources is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 July 1991 (35+ years old) and is registered under CIN U40300MH1991PTC273786.
Upasana Resources has 3 current directors:
- Sanjeev Kanwar - Director
- Vandhana Sanjeev Kanwar - Director
- Praveen Krishna Nayak - Director
The latest financial statements of Upasana Resources on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Upasana Resources is 27AAACU5848B2ZD, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Upasana Resources is U40300MH1991PTC273786. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Upasana Resources has 15 court cases on record: 8 filed by the company and 7 filed against it. 3 are pending. Most are in the district courts.
Upasana Resources was incorporated on 16 July 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Upasana Resources by revenue are Aryaman Properties and Investments Private Limited, Purelearn Eduinfra Bangalore Private Limited, Romano Buildtech Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Praveen Krishna Nayak was appointed as Director on 18 May 2017. Sanjeev Kanwar was appointed as Director on 30 May 2002. Vandhana Sanjeev Kanwar was appointed as Director on 30 May 2002.
Yes, Upasana Resources is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0217696).
Upasana Resources has 2 MSME Form 1 returns on record for the period ending Sep 2020, listing 5 overdue payments to 4 micro and small suppliers. The latest return was filed on 02 Nov 2020.
The registered office of Upasana Resources is at 25 Firstfloor Gopal Bhuvan Building, Kakasaheb Gadgil Marg Khedgully Dadar W, Mumbai, Maharashtra, India – 400025.

