MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0005780
Upmove Capital Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹264.35 Cr
▲ 48% YoY
Net profit · FY 2025
₹8.76 Cr
Net margin 3.3%
EBITDA · FY 2025
₹40.81 Cr
EBITDA margin 15.4%
Authorised capital
₹4.02 Cr
Registered with MCA
Paid-up capital
₹3.11 Cr
Issued & subscribed
Open charges
₹526 Cr
Satisfied ₹610.05 Cr
Company age
8 yrs
Est. 2018
Employees · EPFO
55
Provident fund records
About Upmove Capital Private Limited
Data last updated:
Upmove Capital Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Smartcoin Financials Private Limited. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 28 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65999KA2018PTC113488.
The company has an authorised share capital of ₹4.02 Cr and a paid-up capital of ₹3.11 Cr. It is led by directors including Jayant Upadhyay and Rohit Garg.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Indiqube Gamma No.293/154/172, 3rd Floor Outer Ring Road Kadubeesanahalli Bengaluru Bangalore, Karnataka, India – 560103.
As per the financials filed for FY 2025, the company reported a revenue of ₹264.35 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹8.76 Cr (net margin 3.3%) and EBITDA of ₹40.81 Cr (EBITDA margin 15.4%). Revenue has grown at a compounded annual rate (CAGR) of 130% over three years and 354% over five years.
The company has about 55 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: UpMove. As per MCA filings, the company has open charges of ₹526 Cr and satisfied charges of ₹610.05 Cr on record. Court records list 589 cases involving the company, including 509 filed by the company and 80 filed against it; 425 cases are pending. The company has 10 deals on record (7 debt financings, 2 funding rounds, 1 rights issue), with disclosed funding of ₹196 Cr; the latest was in July 2024. Its 8 peer companies in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 4 smaller; the largest is Transactree Technologies Private Limited with revenue of ₹276.23 Cr.
Upmove Capital Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0005780). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website upmove.in.
Company details
CIN U65999KA2018PTC113488
Registration Number 113488
Incorporation Date 28 May 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Smartcoin Financials Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0005780
Recognitions & Rankings of Upmove Capital
Contact details
Upmove Capital Private Limited's registered office is in Bangalore, Karnataka. Its website is upmove.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIndiqube Gamma No.293/154/172, 3rd Floor Outer Ring Road Kadubeesanahalli Bengaluru Bangalore, Karnataka, India – 560103
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Upmove Capital Private Limited, buy the company report.
Comprehensive company report
Upmove Capital 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 Upmove Capital is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Upmove Capital Private Limited, buy the company report.
Financials of Upmove Capital Private Limited
FY 2025 filings availableUpmove Capital Private Limited reported revenue of ₹264.35 Cr (up 48% YoY) for FY 2025.
Revenue · FY 2025
₹264.35 Cr ▲ 48%
Net profit · FY 2025
₹8.76 Cr margin 3.3%
EBITDA · FY 2025
₹40.81 Cr margin 15.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 130%
5 years · compounded
▲ 354%
EBITDA CAGR growth
1 year
▲ 112%
3 years · compounded
▲ 56%
5 years · compounded
▲ 332%
Revenue has grown at a compounded annual rate (CAGR) of 354% over five years, including 48% growth in the latest year. EBITDA rose 112% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹40.81 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.76 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.4% | ||||
| Net Profit Margin | 3.3% | ||||
| 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 Upmove Capital Private Limited, buy the company report.
Board of directors of Upmove Capital Private Limited
Upmove Capital has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayant Upadhyay Also directs: Smartcoin Financials Private Limited | Director | 15 Sep 2021 | 5 Years 1 Months | Current |
| Rohit Garg Also directs: Smartcoin Financials Private Limited | Director | 28 May 2018 | 8 Years 5 Months | Current |
| Archana Priyadarshini Also directs: Pointone Advisors LLP, Iquantsgraph Advisor LLP, Forward Slash Advisors LLP and 5 more | Director | 28 May 2018 | 8 Years 5 Months | Current |
Peer comparison
Upmove Capital Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Transactree Technologies Private Limited | ₹276.23 Cr (FY 2025) | -35.0% | New Delhi, Delhi, India | |||
| Uno Metals Ltd | ₹272 Cr (FY 2025) | 113.0% | Kolkata, West Bengal, India | |||
| Anisha Estate & Finance Pvt Ltd | ₹268.87 Cr (FY 2025) | 48.0% | Kolkata, West Bengal, India | |||
| HCL Corporation Private Limited | ₹266.07 Cr (FY 2024) | 81.0% | New Delhi, Delhi, India | |||
| Upmove Capital Private Limitedthis company | ₹264.35 Cr (FY 2025) | ₹8.76 Cr | 3.3% | 48.0% | 55 | Bangalore, Karnataka, India |
| Epimoney Private Limited | ₹262.9 Cr (FY 2024) | 140.0% | Chennai, Tamil Nadu, India | |||
| Apac Financial Services Private Limited | ₹258.9 Cr (FY 2024) | 49.0% | Mumbai, Maharashtra, India | |||
| Shri Ram Finance Corporation Private Limited | ₹258.18 Cr (FY 2024) | 41.0% | Raipur, Chhattisgarh, India | |||
| Digamber Capfin Ltd | ₹256.82 Cr (FY 2023) | 19.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Upmove Capital Private Limited, buy the company report.
Auditor
Upmove Capital Private Limited is audited by RSAG & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RSAG & ASSOCIATES | FY 2023 | 017239C |
Shareholding
The shareholding of Upmove Capital 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 Upmove Capital Private Limited, buy the company report.
Charges & borrowings
Open charges
₹526 Cr
Satisfied charges
₹610.05 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2025 | 101193084 | Others | ₹15 Cr | Open | |
| 31 Oct 2025 | 101179792 | Others | ₹15 Cr | Open | |
| 29 Oct 2025 | 101184658 | Others | ₹10 Cr | Open | |
| 26 Sep 2025 | 101168607 | Others | ₹10 Cr | Open | |
| 29 Aug 2025 | 101150207 | Others | ₹20 Cr | Open |
To see the full charge records of Upmove Capital Private Limited, buy the company report.
Total charge records: 110 View all charges
Deals & funding
Upmove Capital Private Limited has 10 deals on record (7 debt financings, 2 funding rounds, 1 rights issue), with disclosed funding of ₹196 Cr; the latest was in July 2024.
Total deals
10
Debt financings
7
Funding rounds
2
Rights issue
1
Disclosed funding
₹196 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2024 | Debt financing | ₹50 Cr | Investors: Northern ARC Investments, Np 1 Capital Trust, Mas Financial Services Limited |
| Jan 2024 | Rights issue | ₹35 Cr | Investors: Smartcoin Financials Private Limited |
| Nov 2023 | Debt financing | ₹10 Cr | Investors: Aspero Markets Private Limited |
| Apr 2023 | Debt financing | ₹31 Cr | Investors: Aspero Markets Private Limited , Micro Labs Limited , Scient Capital |
| Mar 2022 | Funding round | ₹30 Cr | Investors: Smartcoin Financials Private Limited |
To see the full deal history of Upmove Capital Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Upmove Capital Private Limited has 589 court cases on record: 509 filed by Upmove Capital, 80 filed against it. 425 cases are pending and 164 are disposed.
Total cases
589
Filed by the company
509
Filed against the company
80
Pending
425
Disposed
164
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 573 | 64 | 424 |
| High courts | 16 | 16 | 1 |
Cases on record (5 of 589)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East Godavari, Andhra Pradesh | Civil suit | Filed against the company by an individual | Pending |
| District court, East Godavari, Andhra Pradesh | Civil suit | Filed against the company by an individual | Pending |
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Warangal, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, East Godavari, Andhra Pradesh | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Upmove Capital 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 Upmove Capital Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Upmove Capital Private Limited has a workforce of 55 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
55
Active EPFO establishments
1
Employee growth
103.7%
GST
No GST registration is on our record for Upmove Capital Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Upmove Capital Private Limited has 5 board changes on record since 2018: 3 appointments and 2 cessations. The latest: Jayant Upadhyay ceased to be Additional Director on 20 Sep 2022.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101193084 was registered on 27 Nov 2025.
Charges
A charge registered on 16 May 2024 via Charge ID 100930431 with Others was fully satisfied on 18 Nov 2025.
Charges
A charge registered on 16 May 2024 via Charge ID 100930424 with Others was fully satisfied on 18 Nov 2025.
Charges
A charge registered on 16 May 2024 via Charge ID 100929533 with Others was fully satisfied on 18 Nov 2025.
Charges
A charge registered on 05 Dec 2023 via Charge ID 100836760 with Others was fully satisfied on 12 Nov 2025.
Charges
A charge registered on 30 Oct 2023 via Charge ID 100813706 with Others was fully satisfied on 12 Nov 2025.
Charges
A charge registered on 26 Sep 2024 via Charge ID 100983324 with Others was fully satisfied on 04 Nov 2025.
Charges
A charge registered on 26 Oct 2023 via Charge ID 100815376 with Others was fully satisfied on 04 Nov 2025.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101179792 was registered on 31 Oct 2025.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101184658 was registered on 29 Oct 2025.
Charges
A charge registered on 27 Mar 2024 via Charge ID 100896994 with Others was fully satisfied on 17 Oct 2025.
Charges
A charge registered on 18 Dec 2023 via Charge ID 100836755 with Others was fully satisfied on 17 Oct 2025.
172 earlier events are in the company report.
Frequently asked questions
Upmove Capital is an active private limited company based in Bangalore, Karnataka, India. The company works in nbfc, within the financial services industry. It was incorporated on 28 May 2018 (8+ years old) and is registered under CIN U65999KA2018PTC113488.
Upmove Capital has 3 current directors:
- Jayant Upadhyay - Director
- Rohit Garg - Director
- Archana Priyadarshini - Director
The latest financial statements of Upmove Capital on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Upmove Capital is U65999KA2018PTC113488. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Upmove Capital has 589 court cases on record: 509 filed by the company and 80 filed against it. 425 are pending. Most are in the district courts.
Upmove Capital was incorporated on 28 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Upmove Capital has 10 deals on record (7 debt financings, 2 funding rounds, 1 rights issue), with disclosed funding of ₹196 Cr; the latest was in July 2024.
The peers of Upmove Capital by revenue are Transactree Technologies Private Limited, Uno Metals Ltd, Anisha Estate & Finance Pvt Ltd, HCL Corporation Private Limited, Epimoney Private Limited and 3 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Jayant Upadhyay ceased to be Additional Director on 20 Sep 2022. Ajay Chandrakant Desai ceased to be Director on 15 Sep 2021. Jayant Upadhyay was appointed as Director on 15 Sep 2021. Upmove Capital has 5 board changes on record in total.
Yes, Upmove Capital is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0005780).
Upmove Capital can be reached through the website upmove.in. Its registered office is in Bangalore, Karnataka, India.