Upica Paints Private Limited
About Upica Paints Private Limited
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Upica Paints Private Limited is a private limited company based in Delhi, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 02 January 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1990PTC038787. Its GSTIN is 07AAACU0007C1Z5 (Delhi). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.5 Lakh. It is led by directors Rishabh Gupta and Subodh Gupta.
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 2040 – B Katra Tabaccokhari Baoli, Delhi, India – 110006.
As per the financials filed for FY 2024, the company reported a revenue of ₹31.09 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net profit of ₹20.28 Lakh (net margin 65.2%) and EBITDA of ₹25.27 Lakh (EBITDA margin 81.3%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years and 49% over five years.
As per MCA filings, the company has open charges of ₹87,292 and satisfied charges of ₹25 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Upica Paints Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2040 – B Katra Tabaccokhari Baoli, Delhi, India – 110006
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Upica Paints 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
Financials of Upica Paints Private Limited
FY 2025 filings availableUpica Paints Private Limited reported revenue of ₹31.09 Lakh (down 83% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 49% over five years, including a 83% fall in the latest year. EBITDA rose 10% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹25.27 Lakh | ||||
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| Net Profit (PAT) | ₹20.28 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 81.3% | ||||
| Net Profit Margin | 65.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Upica Paints Private Limited, buy the company report.
Board of directors of Upica Paints Private Limited
Upica Paints has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishabh Gupta | Director | 09 Mar 2023 | 3 Years 8 Months | Current |
| Subodh Gupta Also directs: Chemelyne Polystabs LLP | Director | 17 Jul 2011 | 15 Years 3 Months | Current |
Auditor
Upica Paints Private Limited is audited by V.D.AGGARWAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.D.AGGARWAL & CO. | FY 2023 | 08332N |
Shareholding
The shareholding of Upica Paints Private Limited 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 Upica Paints Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Feb 1990 | 90059864 | U.P. S.I.D.C. | ₹87,292 | Open | |
| 06 Feb 1992 | 90060104 | U.P. Financial Corporation | ₹15 Lakh | Satisfied | |
| 30 Aug 1991 | 90060060 | U.P. Financial Corporation | ₹10 Lakh | Satisfied |
To see the full charge records of Upica Paints Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Upica Paints 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 Upica Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Upica Paints has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACU0007C1Z5 | Delhi | Active | 06 Feb 2019 |
| 09AAACU0007C2Z0 | Uttar Pradesh | Active | 28 May 2019 |
To see the full GST registrations and return filing status of Upica Paints Private Limited, buy the company report.
Recent activity
Upica Paints Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Rajeshwar Dayal Gupta ceased to be Director on 09 Mar 2023.
2 earlier events are in the company report.
Frequently asked questions
Upica Paints is an active private limited company based in Delhi, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 02 January 1990 (36+ years old) and is registered under CIN U74899DL1990PTC038787.
Upica Paints has 2 current directors:
- Rishabh Gupta - Director
- Subodh Gupta - Director
The latest financial statements of Upica Paints 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 GSTIN of Upica Paints is 07AAACU0007C1Z5, registered in Delhi. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 09AAACU0007C2Z0 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Upica Paints is U74899DL1990PTC038787. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Upica Paints was incorporated on 02 January 1990, making it 36+ years old. It is registered with the Registrar of Companies, Delhi.
Rajeshwar Dayal Gupta ceased to be Director on 09 Mar 2023. Rishabh Gupta was appointed as Director on 09 Mar 2023. Rishi Kumar ceased to be Director on 17 Jul 2011. Upica Paints has 4 board changes on record in total.
The registered office of Upica Paints is at 2040 – B Katra Tabaccokhari Baoli, Delhi, India – 110006.
Upica Paints operates in the chemicals and materials industry, in the chemical distribution and retail segment.
Upica Paints has open charges of ₹87,292 and satisfied charges of ₹25 Lakh as per latest MCA filings.
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