About Uplus Batteries Private Limited
Data last updated:
Uplus Batteries Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the management consultancy segment of the business services sector. It was incorporated on 02 May 1996.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1996PTC020415. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹8.67 Cr. It is led by directors Vijayakumar Damodhar Padhye (Managing Director) and Rupali Vijay Padhye.
Its last annual general meeting (AGM) was held on 04 August 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at # 5 3rd Floor Lakshmi Complex 10th Cross Road Rmv Extension (Opp. Cpri), Bangalore, Karnataka, India – 560080.
As per the financials filed for FY 2019, the company reported a revenue of ₹60,901, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹41.7 Lakh and EBITDA of -₹30.15 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 77% over three years and 57% over five years.
The company is associated with 1 brand: UPLUS. As per MCA filings, the company has open charges of ₹20.68 Cr and satisfied charges of ₹12.14 Cr on record. Court records list 30 cases involving the company, including 12 filed by the company and 18 filed against it; 3 cases are pending.
The last known website on record is uplusbattery.com.
Company details
Contact details
Uplus Batteries Private Limited's registered office is in Bangalore, Karnataka. Its website is uplusbattery.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address# 5 3rd Floor Lakshmi Complex 10th Cross Road Rmv Extension (Opp. Cpri), Bangalore, Karnataka, India – 560080
- IndustryBusiness Services, Management Consultancy
To see the full contact details of Uplus Batteries 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
Brands
Uplus Batteries operates one associated brand: UPLUS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and sells automotive and motorcycle batteries with global services. | uplusbattery.com |
Financials of Uplus Batteries Private Limited
FY 2020 filings availableUplus Batteries Private Limited reported revenue of ₹60,901 (down 95% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 95% fall 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹60,901 | ||||
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| Total Expenses | |||||
| EBITDA | -₹30.15 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹41.7 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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To see the full financial statements and ratios of Uplus Batteries Private Limited, buy the company report.
Board of directors of Uplus Batteries Private Limited
Uplus Batteries has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rupali Vijay Padhye | Director | 15 Mar 2004 | 22 Years 7 Months | As last reported |
| Vijayakumar Damodhar Padhye | Managing Director | 02 May 1996 | 30 Years 5 Months | As last reported |
Shareholding
The shareholding of Uplus Batteries Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Uplus Batteries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2008 | 10102894 | The Shamrao Vithal Co-Operative Bank Limited | ₹8.78 Cr | Open | |
| 29 Nov 2006 | 10028600 | Corporation Bank | ₹9.5 Cr | Open | |
| 18 Jan 2005 | 90198542 | Shamrao Vithal Cooperative Bank Ltd | ₹1.9 Cr | Open | |
| 07 Oct 1997 | 90200211 | Bank of India | ₹25 Lakh | Open | |
| 07 Oct 1997 | 90197259 | Bank of India | ₹25 Lakh | Open |
To see the full charge records of Uplus Batteries Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Uplus Batteries Private Limited has 30 court cases on record: 12 filed by Uplus Batteries, 18 filed against it. 3 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 9 | 2 |
| District courts | 9 | 9 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Classic Infracon Bangalore Pvt.Ltd. | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by M/S Classic Infracon Bangalore Private Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against M/S. Classic Infracon Bangalore Pvt Ltd | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by M/S Sbi Global Factors Ltd | Disposed |
| High Court of Karnataka | Court case (COP) | Filed against the company by M/S Sbi Global Factors Ltd | Disposed |
To see the full case history of Uplus Batteries Private Limited, 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 Uplus Batteries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Uplus Batteries has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Uplus Batteries Private Limited, buy the company report.
Recent activity
Uplus Batteries Private Limited has 5 board changes on record since 1996: 2 appointments and 3 cessations. The latest: Jaideep Vijaykumar Padhye ceased to be Director on 01 Oct 2009.
15 earlier events are in the company report.
Frequently asked questions
Uplus Batteries is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Uplus Batteries is a company under liquidation, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in management consultancy, within the business services industry. It was incorporated on 02 May 1996 and is registered under CIN U85110KA1996PTC020415. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Uplus Batteries has 2 current directors:
- Vijayakumar Damodhar Padhye - Managing Director
- Rupali Vijay Padhye - Director
The latest financial statements of Uplus Batteries on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 04 August 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Uplus Batteries is U85110KA1996PTC020415. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Uplus Batteries has open charges of ₹20.68 Cr and satisfied charges of ₹12.14 Cr as per latest MCA filings.
Uplus Batteries has 30 court cases on record: 12 filed by the company and 18 filed against it. 3 are pending. Most are in the high courts.
Uplus Batteries was incorporated on 02 May 1996. It is registered with the Registrar of Companies, Bangalore.
Jaideep Vijaykumar Padhye ceased to be Director on 01 Oct 2009. Venkataramiah Nagaraja ceased to be Director on 12 Jun 2009. Gagan Madhav Patwardhan ceased to be Director on 31 Dec 2007. Uplus Batteries has 5 board changes on record in total.
Uplus Batteries can be reached through the website uplusbattery.com. Its registered office is in Bangalore, Karnataka, India.