About Upgrid Solutions Private Limited
Data last updated: 30 December 2025
Upgrid Solutions Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It specialises in capital goods, a part of the broader automobiles sector. Incorporated on 19 November 2019, the company has been in operation for over 7 years.
Registered with ROC Delhi under CIN U31904DL2019PTC357706.
Capital: an authorised share capital of ₹1.83 Cr and a paid-up capital of ₹72.77 Lakh. It is led by directors including Nakul Nitin Zaveri and Pulkit Khurana.
Last AGM: 25 September 2025. Financial statements filed for year ended 31 March 2025. Office: Innov8 Aerocity Asset – 5A Aerocity, Jw Marriott Hotel Hospitality District Near Igi Airport, New Delhi, Delhi, India – 110037.
As per the financials filed for FY 2025, the company reported a revenue of ₹278.83 Cr, a growth of 49% compared to the previous year.
The company has a workforce of approximately 270 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 2 brands - Popular Auto Battery Center, Battery Smart. As per MCA filings, the company has satisfied charges of ₹24 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website batterysmart.in.
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Email*****@*****.com
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Registered AddressInnov8 Aerocity Asset – 5A Aerocity, Jw Marriott Hotel Hospitality District Near Igi Airport, New Delhi, Delhi, India – 110037
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IndustryAutomobile, Capital Goods, Machinery, Renting, Equipment, Motor Vehicles
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Upgrid Solutions Private Limited
Upgrid Solutions Private Limited operates two associated brands: Popular auto battery center and Battery Smart. These brands represent Upgrid Solutions Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manages an e-commerce store specializing in automotive spare parts. | popularautobatterycenter.co.in | |
| Provider of EV battery-swapping network | batterysmart.in |
Competitors & Alternatives of Upgrid Solutions Private Limited
Brands and companies operating in the same space as Upgrid Solutions Private Limited include SUN Mobility, Autodukan, Batterypool and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
SUN Mobility
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Online platform for battery swapping solutions | Bengaluru, India, India | 2017 |
Autodukan
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Car washing, battery, and windshield cleaning products are provided. | Pune, India, India | 2017 |
Batterypool
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Battery rental and swapping services for electric vehicles are offered. | Pune, India, India | 2018 |
myTVS
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Automotive parts and accessories are retailed by myTVS. | Panchkula, India, India | 2011 |
Esmito
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Saas & IoT enabled battery management products and solutions for electric vehicles | Chennai, India, India | 2018 |
AutoPortal
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Automobile news, research, comparisons, and second-hand car listings are provided. | Gurugram, India, India | 2013 |
GrandPitstop
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Aftermarket automotive parts and accessories are dealt online by GrandPitstop. | Delhi, India, India | 2015 |
Mooving
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Battery swapping solutions are provided for electric vehicles in India. | Delhi, India, India | 2020 |
Enerjazz
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Battery swapping networks for commercial electric vehicles are operated. | Noida, India, India | 2018 |
Swapp Design
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Battery swapping solutions for EV charging station operators | Bengaluru, India, India | 2022 |
Business Activity of Upgrid Solutions Private Limited
Upgrid Solutions Private Limited is engaged in the principal business activity of support service to organizations, with detailed activities including rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | ********* |
Auditor Details of Upgrid Solutions Private Limited
Upgrid Solutions Private Limited is audited by S. R BATLIBOI & CO. LLP for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. R BATLIBOI & CO. LLP | blur-value | blur-value | blur-value |
Board of Directors of Upgrid Solutions Private Limited
Upgrid Solutions Private Limited is currently managed by 3 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Nakul Nitin Zaveri
Also directs:
Coltrane Advisors Llp, Fratelli Vineyards Limited, Rising Inclusion Advisors Private Limited and 1 more
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Nominee Director | 13 Jun 2024 | 2 Years 0 Months | Current |
| Pulkit Khurana | Director | 19 Nov 2019 | 6 Years 7 Months | Current |
| Siddharth Sikka | Director | 19 Nov 2019 | 6 Years 7 Months | Current |
Financials of Upgrid Solutions Private Limited FY 2025 filings available
Upgrid Solutions Private Limited reported revenue of ₹278.83 Cr (up 49% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Upgrid Solutions Private Limited
As of FY 2024, Upgrid Solutions Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Group Structure of Upgrid Solutions Private Limited
Upgrid Solutions Private Limited has 1 subsidiary company. This group structure data is as of FY 2024. The corporate group structure reflects Upgrid Solutions Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Upgrid Electrilease Private Limited | U71290DL2021PTC390888 |
**.**%
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Showing major subsidiaries. Total: 1.
Charges & Borrowings of Upgrid Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jun 2021 | Others | ₹24 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Upgrid Solutions Private Limited
Upgrid Solutions Private Limited has a workforce of 270 employees as of Aug 07, 2025.
Employee Count & EPFO Data of Upgrid Solutions Private Limited
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GST Compliance of Upgrid Solutions Private Limited
GSTIN & GST Filing Data of Upgrid Solutions Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Upgrid Solutions Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Upgrid Solutions Private Limited
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MSME Payment Delays by Upgrid Solutions Private Limited
MSME Payment Delays by Upgrid Solutions Private Limited
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Subsidiaries & Group Companies of Upgrid Solutions Private Limited
Subsidiaries & Group Companies of Upgrid Solutions Private Limited
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MCA Filings & Documents of Upgrid Solutions Private Limited
MCA Filings & Documents of Upgrid Solutions Private Limited
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Recent Activity on Upgrid Solutions Private Limited
Recent News on Upgrid Solutions Private Limited
Frequently Asked Questions about Upgrid Solutions Private Limited
Upgrid Solutions Private Limited is an active private limited company in the automobile sector based in New Delhi, Delhi, India. It was incorporated on 19 November 2019 (7+ years old) and is registered under CIN U31904DL2019PTC357706. The company has 270 employees.
Upgrid Solutions Private Limited reported revenue of ₹278.83 Cr for FY 2025 (up 49.00% YoY).
The current directors of Upgrid Solutions Private Limited are:
The primary industry of Upgrid Solutions Private Limited is automobile. The company specifically operates in capital goods. The company is currently active in this sector.
Yes, Upgrid Solutions Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Upgrid Solutions Private Limited can be reached at the registered office: Innov8 Aerocity Asset – 5A Aerocity, Jw Marriott Hotel Hospitality District Near Igi Airport, New Delhi, Delhi, India – 110037, or through the website batterysmart.in.