MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-GA-02-0000194
Upgrade Enterprises Private Limited - chemicals and materials in Margao, Goa, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.4 Cr
▼ 5% YoY
Net profit · FY 2025
₹21.68 Lakh
Net margin 9%
EBITDA · FY 2025
₹45.4 Lakh
EBITDA margin 18.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.4 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
About Upgrade Enterprises Private Limited
Data last updated:
Upgrade Enterprises Private Limited is a private limited company based in Margao, Goa, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 21 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U24290GA2016PTC013022. Its GSTIN is 30AABCU9982H1Z3 (Goa).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pravin Ravindranath Pai Kakode and Santoshi Pravin Kakode.
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 Antao Building Khareband Road, Margao, Goa, India – 403601.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.4 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹21.68 Lakh (net margin 9%) and EBITDA of ₹45.4 Lakh (EBITDA margin 18.9%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 13% over five years.
The company is associated with 1 brand: Upgrade Enterprises. As per MCA filings, the company has open charges of ₹2.4 Cr on record. The company has 1 deal on record (1 secondary share transfer); the latest was in January 2017.
Upgrade Enterprises Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-02-0000194). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website upgradeenterprises.com.
Company details
CIN U24290GA2016PTC013022
Registration Number 013022
Incorporation Date 21 October 2016
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GA-02-0000194
Recognitions & Rankings of Upgrade Enterprises
Contact details
Upgrade Enterprises Private Limited's registered office is in Margao, Goa. Its website is upgradeenterprises.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAntao Building Khareband Road, Margao, Goa, India – 403601
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Upgrade Enterprises Private Limited, buy the company report.
Comprehensive company report
Upgrade Enterprises Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Upgrade Enterprises operates one associated brand: Upgrade Enterprises. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of construction and cleaning chemicals across India. | upgradeenterprises.com |
Business activity
The main business activity of Upgrade Enterprises is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Upgrade Enterprises Private Limited, buy the company report.
Financials of Upgrade Enterprises Private Limited
FY 2025 filings availableUpgrade Enterprises Private Limited reported revenue of ₹2.4 Cr (down 5% YoY) for FY 2025.
Revenue · FY 2025
₹2.4 Cr ▼ 5%
Net profit · FY 2025
₹21.68 Lakh margin 9%
EBITDA · FY 2025
₹45.4 Lakh margin 18.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 9%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 231%
3 years · compounded
▲ 1%
5 years · compounded
▲ 24%
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 231% 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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| Total Expenses | |||||
| EBITDA | ₹45.4 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.68 Lakh | ||||
| Balance Sheet | |||||
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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 | 18.9% | ||||
| Net Profit Margin | 9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Upgrade Enterprises Private Limited, buy the company report.
Board of directors of Upgrade Enterprises Private Limited
Upgrade Enterprises has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravin Ravindranath Pai Kakode | Director | 21 Oct 2016 | 10 Years 0 Months | Current |
| Santoshi Pravin Kakode Also directs: Kakode Trading Limited Liability Partnership | Director | 21 Oct 2016 | 10 Years 0 Months | Current |
Auditor
Upgrade Enterprises Private Limited is audited by VIRGINKAR & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIRGINKAR & CO | FY 2020 | 138746W |
Shareholding
The shareholding of Upgrade Enterprises Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Upgrade Enterprises Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.4 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jun 2022 | 100591791 | Others | ₹1.2 Cr | Open | |
| 19 Mar 2020 | 100335896 | Others | ₹1.2 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Upgrade Enterprises Private Limited has 1 deal on record (1 secondary share transfer); the latest was in January 2017.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Upgrade Enterprises 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 Upgrade Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Upgrade Enterprises has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AABCU9982H1Z3 | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Upgrade Enterprises Private Limited, buy the company report.
Recent activity
Upgrade Enterprises Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Pravin Ravindranath Pai Kakode was appointed as Director on 21 Oct 2016.
AGM
Upgrade Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Upgrade Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa.
Charges
A charge with Others amounted to Rs. 120.00 Lakh with Charge ID 100591791 was registered on 23 Jun 2022.
Charges
A charge with Others amounted to Rs. 120.00 Lakh with Charge ID 100335896 was registered on 19 Mar 2020.
Appointed
Pravin Ravindranath Pai Kakode was appointed as Director.
Appointed
Santoshi Pravin Kakode was appointed as Director.
Incorporation
21 Oct 2016
Upgrade Enterprises Private Limited was registered on 21 Oct 2016 with Roc Goa & aged 10 years 7 days as per MCA records.
Frequently asked questions
Upgrade Enterprises is an active private limited company based in Margao, Goa, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 21 October 2016 (10+ years old) and is registered under CIN U24290GA2016PTC013022.
Upgrade Enterprises has 2 current directors:
- Pravin Ravindranath Pai Kakode - Director
- Santoshi Pravin Kakode - Director
The latest financial statements of Upgrade Enterprises 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 Upgrade Enterprises is 30AABCU9982H1Z3, registered in Goa.
The CIN (Corporate Identification Number) of Upgrade Enterprises is U24290GA2016PTC013022. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Upgrade Enterprises was incorporated on 21 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Goa.
Upgrade Enterprises has 1 deal on record (1 secondary share transfer); the latest was in January 2017.
Pravin Ravindranath Pai Kakode was appointed as Director on 21 Oct 2016. Santoshi Pravin Kakode was appointed as Director on 21 Oct 2016.
Yes, Upgrade Enterprises is registered as a micro enterprise under Udyam registration (number: UDYAM-GA-02-0000194).
Upgrade Enterprises can be reached through the website upgradeenterprises.com. Its registered office is in Margao, Goa, India.