Upkar Retail Private Limited

Upkar Retail Private Limited - trading in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U52100GJ2008PTC055637 Incorporated 11 December 2008 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company trading MSME · Medium
Data last updated
Revenue · FY 2024
₹85.13 Cr
▼ 15% YoY
Net profit · FY 2024
₹26.01 Lakh
Net margin 0.3%
EBITDA · FY 2024
₹93.66 Lakh
EBITDA margin 1.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹6.53 Lakh
Issued & subscribed
Satisfied charges
₹3 Cr
No open charges
Company age
18 yrs
Est. 2008
Employees · EPFO
60
Provident fund records

About Upkar Retail Private Limited

Data last updated:

Upkar Retail Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 11 December 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52100GJ2008PTC055637. Its GSTIN is 24AABCU0432E1ZZ (Gujarat).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.53 Lakh. It is led by directors including Brijmohan Liladhar Saraf and Ashwinkumar Agarwal.

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 Final Plot No. 57/159/2 Opp Safal Vivan Bungalows Bhd Maruti Showroom S G Highway Gota, Ahmedabad, Gujarat, India – 382481.

As per the financials filed for FY 2024, the company reported a revenue of ₹85.13 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹26.01 Lakh (net margin 0.3%) and EBITDA of ₹93.66 Lakh (EBITDA margin 1.1%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years.

The company has about 60 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹3 Cr on record. Court records list 12 cases involving the company, including 1 filed by the company and 11 filed against it. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹82.5 Lakh; the latest was in March 2010. Its 10 peer companies in the same principal business activity (wholesale trading) are compared by revenue, 5 larger and 5 smaller; the largest is Venkatasai Agencies Drugs Private Limited with revenue of ₹85.25 Cr.

Upkar Retail Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0005439). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website upkarretail.in.

Company details

CIN U52100GJ2008PTC055637
Registration Number 055637
Incorporation Date 11 December 2008
ROC Ahmedabad
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 Medium
Udyam Registration UDYAM-GJ-01-0005439
Key People
Brijmohan Liladhar Saraf Director Ashwinkumar Agarwal Director Virendrakumar Agrawal Director

Recognitions & Rankings of Upkar Retail

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-01-0005439

Contact details

Upkar Retail Private Limited's registered office is in Ahmedabad, Gujarat. Its website is upkarretail.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    upkarretail.in
  • Registered Address
    Final Plot No. 57/159/2 Opp Safal Vivan Bungalows Bhd Maruti Showroom S G Highway Gota, Ahmedabad, Gujarat, India – 382481
  • Industry
    Trading, Wholesale, Other Wholesale

To see the full contact details of Upkar Retail Private Limited, buy the company report.

Comprehensive company report
Upkar Retail 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

Business activity

The main business activity of Upkar Retail is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Upkar Retail Private Limited, buy the company report.

Financials of Upkar Retail Private Limited

FY 2025 filings available

Upkar Retail Private Limited reported revenue of ₹85.13 Cr (down 15% YoY) for FY 2024.

Revenue · FY 2024
₹85.13 Cr ▼ 15%
Net profit · FY 2024
₹26.01 Lakh margin 0.3%
EBITDA · FY 2024
₹93.66 Lakh margin 1.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▲ 141%
3 years · compounded
▲ 3%
5 years · compounded
▲ 2%

Revenue has declined at a compounded annual rate (CAGR) of 4% over three years, including a 15% fall in the latest year. EBITDA rose 141% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹93.66 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹26.01 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin1.1%
Net Profit Margin0.3%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Upkar Retail Private Limited, buy the company report.

Board of directors of Upkar Retail Private Limited

Upkar Retail has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Brijmohan Liladhar SarafDirector11 Dec 200817 Years 10 MonthsCurrent
Ashwinkumar AgarwalDirector31 Jul 201412 Years 3 MonthsCurrent
Virendrakumar Agrawal
Also directs: Agam Trade-Links LLP, Mavian Speciality Foods LLP
Director11 Dec 200817 Years 10 MonthsCurrent
View all directors

Peer comparison

Upkar Retail Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Venkatasai Agencies Drugs Private Limited₹85.25 Cr (FY 2025)11.0%Hyderabad, Telangana, India
Avinash Marketing Private Limited₹85.25 Cr (FY 2025)31.0%Kolkata, West Bengal, India
Mahesh Edible Oils Products Private Limited₹85.23 Cr (FY 2025)11.0%New Delhi, Delhi, India
Sahi Logistics & Infra Private Limited₹85.18 Cr (FY 2025)42.0%Mumbai, Maharashtra, India
Daxer Trading Private Limited₹85.16 Cr (FY 2025)-48.0%Bangalore, Karnataka, India
Upkar Retail Private Limitedthis company₹85.13 Cr (FY 2024)₹26.01 Lakh0.3%-15.0%60Ahmedabad, Gujarat, India
Lahaul Grains and Spirits Private Limited₹85.12 Cr (FY 2025)320.0%Jalandhar, Punjab, India
Heaven Blanc Energy Private Limited₹85.11 Cr (FY 2025)-1.0%Chennai, Tamil Nadu, India
Aone Agro Products Private Limited₹85.09 Cr (FY 2025)-16.0%Kolkata, West Bengal, India
Eltech Appliances Private Limited₹85.08 Cr (FY 2024)-22.0%Chennai, Tamil Nadu, India
Yash Metal Impex Private Limited₹85.08 Cr (FY 2025)-5.0%Mumbai, Maharashtra, India

To see the full peer comparison of Upkar Retail Private Limited, buy the company report.

Auditor

Upkar Retail Private Limited is audited by Tulsian Sanjay& Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Tulsian Sanjay& Co.FY 2023122112W

Shareholding

The shareholding of Upkar Retail 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Upkar Retail Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹3 Cr
Breakdown by lending institutions
State Bank of India₹3.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Jan 201310409830State Bank of India₹3 CrSatisfied

To see the full charge records of Upkar Retail Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Upkar Retail Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹82.5 Lakh; the latest was in March 2010.

Total deals
2
Funding rounds
2
Disclosed funding
₹82.5 Lakh

Deals on record (2 of 2)

WhenDealAmountParties
Mar 2010Funding round₹45 LakhInvestors: Sunitee Chemicals Private Limited
Sep 2009Funding round₹37.5 LakhInvestors: Ubs Enterprises Private Limited , Udgam Enterprises LLP , 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Upkar Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Upkar Retail Private Limited has a workforce of 60 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.

Employee count
60
Active EPFO establishments
1

GST

Upkar Retail has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCU0432E1ZZGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Upkar Retail Private Limited, buy the company report.

Recent activity

Upkar Retail Private Limited has 3 board changes on record since 2008: 3 appointments. The latest: Ashwinkumar Agarwal was appointed as Director on 31 Jul 2014.

AGM
Upkar Retail Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Upkar Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 18 Jan 2013 via Charge ID 10409830 with State Bank Of India was fully satisfied on 16 Mar 2024.
Charges
A charge with State Bank Of India of Rs. 300.00 Lakh registered on 18 Jan 2013 with Charge ID 10409830 was modified on 26 Jul 2017.
Appointed
Ashwinkumar Agarwal was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 300.00 Lakh with Charge ID 10409830 was registered on 18 Jan 2013.
Appointed
Brijmohan Liladhar Saraf was appointed as Director.
Appointed
Virendrakumar Agrawal was appointed as Director.
Incorporation
11 Dec 2008
Upkar Retail Private Limited was registered on 11 Dec 2008 with Roc Ahmedabad & aged 17 years 10 months as per MCA records.

Frequently asked questions

Upkar Retail is an active private limited company based in Ahmedabad, Gujarat, India. The company works in wholesale, within the trading industry. It was incorporated on 11 December 2008 (18+ years old) and is registered under CIN U52100GJ2008PTC055637.

Upkar Retail has 3 current directors:

The latest financial statements of Upkar Retail 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 Upkar Retail is 24AABCU0432E1ZZ, registered in Gujarat.

The CIN (Corporate Identification Number) of Upkar Retail is U52100GJ2008PTC055637. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Upkar Retail has 12 court cases on record: 1 filed by the company and 11 filed against it.

Upkar Retail was incorporated on 11 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Upkar Retail has 2 deals on record (2 funding rounds), with disclosed funding of ₹82.5 Lakh; the latest was in March 2010.

The peers of Upkar Retail by revenue are Venkatasai Agencies Drugs Private Limited, Avinash Marketing Private Limited, Mahesh Edible Oils Products Private Limited, Sahi Logistics & Infra Private Limited, Daxer Trading Private Limited and 5 more, all in the same principal business activity (wholesale trading).

Ashwinkumar Agarwal was appointed as Director on 31 Jul 2014. Brijmohan Liladhar Saraf was appointed as Director on 11 Dec 2008. Virendrakumar Agrawal was appointed as Director on 11 Dec 2008.

Yes, Upkar Retail is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0005439).