About Upman Consultants Private Limited
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Upman Consultants Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 20 February 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2002PTC040487. Its GSTIN is 24AAACU5303R2Z4 (Gujarat).
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹3.59 Lakh. It is led by directors Shah Ashutosh and Shah Sunanda.
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 105 Sharanam County Gala Gymkhana Road Bopal, Ahmedabad, Gujarat, India – 380058.
As per the financials filed for FY 2024, the company reported a revenue of ₹46.45 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹9.74 Lakh (net margin 21%) and EBITDA of ₹15.62 Lakh (EBITDA margin 33.6%).
Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website upman.co.in.
Company details
Contact details
Upman Consultants Private Limited's registered office is in Ahmedabad, Gujarat. Its website is upman.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address105 Sharanam County Gala Gymkhana Road Bopal, Ahmedabad, Gujarat, India – 380058
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Upman Consultants 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
Business activity
The main business activity of Upman Consultants is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Upman Consultants Private Limited, buy the company report.
Financials of Upman Consultants Private Limited
FY 2025 filings availableUpman Consultants Private Limited reported revenue of ₹46.45 Lakh (down 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year. EBITDA fell 42% 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 | ₹15.62 Lakh | ||||
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| Net Profit (PAT) | ₹9.74 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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| EBITDA Margin | 33.6% | ||||
| Net Profit Margin | 21% | ||||
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To see the full financial statements and ratios of Upman Consultants Private Limited, buy the company report.
Board of directors of Upman Consultants Private Limited
Upman Consultants 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 |
|---|---|---|---|---|
| Shah Ashutosh | Director | 20 Feb 2002 | 24 Years 8 Months | Current |
| Shah Sunanda | Director | 06 Dec 2009 | 16 Years 11 Months | Current |
Auditor
Upman Consultants Private Limited is audited by MUKESH KUMAR JAIN & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKESH KUMAR JAIN & CO | FY 2022 | 106619W |
Shareholding
The shareholding of Upman Consultants Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Upman Consultants Private Limited, buy the company report.
Legal cases
Upman Consultants Private Limited has 3 court cases on record: 1 filed by Upman Consultants, 2 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (REF-ITC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (APPLN ESI) | Filed by the company against E.S.I. Corporation | Disposed |
To see the full case history of Upman Consultants 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 Upman Consultants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Upman Consultants has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACU5303R2Z4 | Gujarat | Active | 08 Dec 2022 |
To see the full GST registrations and return filing status of Upman Consultants Private Limited, buy the company report.
Recent activity
Upman Consultants Private Limited has 4 board changes on record since 2002: 2 appointments and 2 cessations. The latest: Hetal Ashutosh Shah ceased to be Director on 01 Aug 2010.
Frequently asked questions
Upman Consultants is an active private limited company based in Ahmedabad, Gujarat, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 20 February 2002 (24+ years old) and is registered under CIN U74140GJ2002PTC040487.
Upman Consultants has 2 current directors:
- Shah Ashutosh - Director
- Shah Sunanda - Director
The latest financial statements of Upman Consultants 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 Upman Consultants is 24AAACU5303R2Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Upman Consultants is U74140GJ2002PTC040487. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Upman Consultants has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending.
Upman Consultants was incorporated on 20 February 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hetal Ashutosh Shah ceased to be Director on 01 Aug 2010. Shah Sunanda was appointed as Director on 06 Dec 2009. Winston Vijaychandra Christian ceased to be Director on 12 Oct 2009. Upman Consultants has 4 board changes on record in total.
Upman Consultants can be reached through the website upman.co.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Upman Consultants is at 105 Sharanam County Gala Gymkhana Road Bopal, Ahmedabad, Gujarat, India – 380058.
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