About Upes Council for Innovation and Entrepreneurship
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Upes Council for Innovation and Entrepreneurship is a private not for profit company based in Dehradun, Uttarakhand, India, a subsidiary of University Of Petroleum And Energy Studies. It operates in the corporate training and development segment of the education sector. It was incorporated on 03 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Uttarakhand, under CIN U80301UR2012NPL010825.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Energy Education. It is led by directors including Sunil Kumar Rai and Rahul Nainwal.
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 Ucie Energy Acres Bidholi Campus Via Prem Nagar, Dehradun, Uttarakhand, India – 248001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.36 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net loss of ₹67.47 Lakh (net margin -28.6%) and EBITDA of -₹51.2 Lakh (EBITDA margin -21.7%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 158% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: UPES. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website upes.ac.in.
Company details
CIN history
Upes Council for Innovation and Entrepreneurship has one previous CIN (Corporate Identification Number): U80301DL2012NPL233965. The current CIN is U80301UR2012NPL010825, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U80301UR2012NPL010825 | Current |
| U80301DL2012NPL233965 | Previous |
Contact details
Upes Council for Innovation and Entrepreneurship's registered office is in Dehradun, Uttarakhand. Its website is upes.ac.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUcie Energy Acres Bidholi Campus Via Prem Nagar, Dehradun, Uttarakhand, India – 248001
- IndustryEducation, Corporate Training & Development
To see the full contact details of Upes Council for Innovation and Entrepreneurship, 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
Brands
Upes Council for Innovation and Entrepreneurship operates one associated brand: UPES. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multiple courses and degrees are offered across diversified streams. | upes.ac.in |
Financials of Upes Council for Innovation and Entrepreneurship
FY 2025 filings availableUpes Council for Innovation and Entrepreneurship reported revenue of ₹2.36 Cr (up 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 158% over five years, including 51% growth in the latest year. EBITDA fell 183% 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 | -₹51.2 Lakh | ||||
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| Net Profit (PAT) | -₹67.47 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -21.7% | ||||
| Net Profit Margin | -28.6% | ||||
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To see the full financial statements and ratios of Upes Council for Innovation and Entrepreneurship, buy the company report.
Board of directors of Upes Council for Innovation and Entrepreneurship
Upes Council for Innovation and Entrepreneurship has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Kumar Rai Also directs: Samanvit Foundation | Director | 21 Apr 2022 | 4 Years 6 Months | Current |
| Rahul Nainwal Also directs: Himalayan Lifestyle Private Limited, Himjoli Products Private Limited, Mitra Technology Foundation and 1 more | Director | 21 Apr 2022 | 4 Years 6 Months | Current |
| Manish Madaan Also directs: Acic - Upes Atal Innovation Council | Director | 15 Feb 2024 | 2 Years 8 Months | Current |
Peer comparison
Upes Council for Innovation and Entrepreneurship is compared with the 3 companies closest to it by revenue in the Education industry (Corporate and Commercial Training), with the same principal business activity (educational support services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Siddharth Education Services Limited | ₹2.37 Cr (FY 2020) | -86.0% | Thane, Maharashtra, India | |||
| Upes Council for Innovation and Entrepreneurshipthis company | ₹2.36 Cr (FY 2025) | -₹67.47 Lakh | -28.6% | 51.0% | 5 | Dehradun, Uttarakhand, India |
| Sri Abhida Balaji Educational Services Private Limited | ₹2.36 Cr (FY 2024) | -16.0% | Hyderabad, Telangana, India | |||
| RJ Hotmax Realty Private Limited | ₹2.35 Cr (FY 2024) | -27.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Upes Council for Innovation and Entrepreneurship, buy the company report.
Auditor
Upes Council for Innovation and Entrepreneurship is audited by RAGHU NATH RAI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAGHU NATH RAI & CO | FY 2022 | 000451N |
Shareholding
The shareholding of Upes Council for Innovation and Entrepreneurship is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Upes Council for Innovation and Entrepreneurship, buy the company report.
Legal cases
Upes Council for Innovation and Entrepreneurship has 1 court case on record: 1 filed by Upes Council for Innovation and Entrepreneurship. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Dehradun, Uttarakhand | Criminal case | Filed by the company against Spick Holidays Pvt Ltd and Others | Pending |
To see the full case history of Upes Council for Innovation and Entrepreneurship, 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
No delayed payments to MSME suppliers are on our record for Upes Council for Innovation and Entrepreneurship; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Upes Council for Innovation and Entrepreneurship has a workforce of 5 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Upes Council for Innovation and Entrepreneurship; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Upes Council for Innovation and Entrepreneurship has 20 board changes on record since 2013: 3 appointments and 17 cessations. The latest: Manish Madaan ceased to be Additional Director on 29 Sep 2024.
11 earlier events are in the company report.
News
Frequently asked questions
Upes Council for Innovation and Entrepreneurship is an active private not for profit company based in Dehradun, Uttarakhand, India. The company works in corporate training and development, within the education industry. It was incorporated on 03 April 2012 (14+ years old) and is registered under CIN U80301UR2012NPL010825.
Upes Council for Innovation and Entrepreneurship has 3 current directors:
- Sunil Kumar Rai - Director
- Rahul Nainwal - Director
- Manish Madaan - Director
The latest financial statements of Upes Council for Innovation and Entrepreneurship 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 Upes Council for Innovation and Entrepreneurship is U80301UR2012NPL010825. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Upes Council for Innovation and Entrepreneurship has 1 court case on record: 1 filed by the company. 1 is pending.
Upes Council for Innovation and Entrepreneurship was incorporated on 03 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Uttarakhand.
The peers of Upes Council for Innovation and Entrepreneurship by revenue are Siddharth Education Services Limited, Sri Abhida Balaji Educational Services Private Limited, RJ Hotmax Realty Private Limited, all in the Education industry (Corporate and Commercial Training), with the same principal business activity (educational support services).
Manish Madaan ceased to be Additional Director on 29 Sep 2024. Manish Madaan was appointed as Director on 15 Feb 2024. Rahul Nainwal ceased to be Additional Director on 30 Sep 2022. Upes Council for Innovation and Entrepreneurship has 20 board changes on record in total.
Upes Council for Innovation and Entrepreneurship can be reached through the website upes.ac.in. Its registered office is in Dehradun, Uttarakhand, India.
The registered office of Upes Council for Innovation and Entrepreneurship is at Ucie Energy Acres Bidholi Campus Via Prem Nagar, Dehradun, Uttarakhand, India – 248001.
Upes Council for Innovation and Entrepreneurship operates in the education industry, in the corporate training and development segment.