Upmove Financial Technologies Services Private Limited
About Upmove Financial Technologies Services Private Limited
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Upmove Financial Technologies Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 26 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65923MH2012PTC233839. Its GSTIN is 27AABCU4810C1ZR (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Swati Saboo Sharad and Vishal Shantilal Pokharna.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Saraswati 91/95 Gorai Borivali (West), Mumbai, Maharashtra, India – 400091.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.17 Lakh, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹2.42 Lakh (net margin 26.4%) and EBITDA of ₹3.2 Lakh (EBITDA margin 34.9%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 54% over five years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Upmove Financial Technologies Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSaraswati 91/95 Gorai Borivali (West), Mumbai, Maharashtra, India – 400091
- IndustryInternet, Online Financial Services
To see the full contact details of Upmove Financial Technologies Services 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 Upmove Financial Technologies Services Private Limited
FY 2024 filings availableUpmove Financial Technologies Services Private Limited reported revenue of ₹9.17 Lakh (up 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 40% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 54%. EBITDA rose 266% 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 | ₹3.2 Lakh | ||||
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| Net Profit (PAT) | ₹2.42 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 | 34.9% | ||||
| Net Profit Margin | 26.4% | ||||
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To see the full financial statements and ratios of Upmove Financial Technologies Services Private Limited, buy the company report.
Board of directors of Upmove Financial Technologies Services Private Limited
Upmove Financial Technologies Services has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swati Saboo Sharad | Director | 17 Apr 2018 | 8 Years 6 Months | Current |
| Vishal Shantilal Pokharna | Director | 19 Jun 2017 | 9 Years 4 Months | Current |
| Swaroop Sreedharan | Director | 26 Jul 2012 | 14 Years 3 Months | Current |
| Sharad Saboo Also directs: Blaze Algotech LLP, Nasik Steel Pvt Ltd, Armstrong Exhibition and Conferences Private Limited and 1 more | Director | 26 Jul 2012 | 14 Years 3 Months | Current |
Peer comparison
Upmove Financial Technologies Services Private Limited is compared with the 10 companies closest to it by revenue in the Ecommerce and Internet industry (Finance), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Catalyst Finance Private Limited | ₹9.21 Lakh (FY 2024) | 379.0% | Mumbai, Maharashtra, India | |||
| Sidhipradayak Invest and Finance and Trading Pvt Ltd | ₹9.21 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Bora Housing & Finance Limited | ₹9.2 Lakh (FY 2024) | -26.0% | Chennai, Tamil Nadu, India | |||
| Laxyo Finance Limited | ₹9.19 Lakh (FY 2024) | -18.0% | Indore, Madhya Pradesh, India | |||
| Future Light Finance Private Limited | ₹9.18 Lakh (FY 2025) | Dharampur, West Bengal, India | ||||
| Upmove Financial Technologies Services Private Limitedthis company | ₹9.17 Lakh (FY 2024) | ₹2.42 Lakh | 26.4% | 40.0% | Mumbai, Maharashtra, India | |
| Snehbandhan Finance Company Limited | ₹9.17 Lakh (FY 2025) | -38.0% | Navi Mumbai, Maharashtra, India | |||
| Bordoloni Agro Fed Producer Company Limited | ₹9.16 Lakh (FY 2025) | -35.0% | Chariali, Assam, India | |||
| Shyama Finance Private Limited | ₹9.12 Lakh (FY 2025) | 69.0% | Gurugram, Haryana, India | |||
| Jit Finance Pvt Ltd | ₹9.12 Lakh (FY 2021) | -68.0% | Kolkata, West Bengal, India | |||
| Mantri Finance and Investment Private Limited | ₹9.11 Lakh (FY 2024) | 2.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Upmove Financial Technologies Services Private Limited, buy the company report.
Auditor
Upmove Financial Technologies Services Private Limited is audited by S B DUDHAWAT & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S B DUDHAWAT & CO | FY 2020 | 102774W |
Shareholding
The shareholding of Upmove Financial Technologies Services Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Upmove Financial Technologies Services Private Limited, buy the company report.
Legal cases
Upmove Financial Technologies Services Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nizamabad, Telangana | Court case (IP) | Filed against the company | Pending |
To see the full case history of Upmove Financial Technologies Services 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 Financial Technologies Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Upmove Financial Technologies Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCU4810C1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Upmove Financial Technologies Services Private Limited, buy the company report.
Recent activity
Upmove Financial Technologies Services Private Limited has 7 board changes on record since 2012: 4 appointments and 3 cessations. The latest: Swati Saboo Sharad ceased to be Additional Director on 28 Sep 2018.
Frequently asked questions
Upmove Financial Technologies Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in online financial services, within the internet industry. It was incorporated on 26 July 2012 (14+ years old) and is registered under CIN U65923MH2012PTC233839.
Upmove Financial Technologies Services has 4 current directors:
- Swati Saboo Sharad - Director
- Vishal Shantilal Pokharna - Director
- Swaroop Sreedharan - Director
- Sharad Saboo - Director
The latest financial statements of Upmove Financial Technologies Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Upmove Financial Technologies Services is 27AABCU4810C1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Upmove Financial Technologies Services is U65923MH2012PTC233839. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Upmove Financial Technologies Services has 1 court case on record: 1 filed against it. 1 is pending.
Upmove Financial Technologies Services was incorporated on 26 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Upmove Financial Technologies Services by revenue are Catalyst Finance Private Limited, Sidhipradayak Invest and Finance and Trading Pvt Ltd, Bora Housing & Finance Limited, Laxyo Finance Limited, Future Light Finance Private Limited and 5 more, all in the Ecommerce and Internet industry (Finance).
Swati Saboo Sharad ceased to be Additional Director on 28 Sep 2018. Swati Saboo Sharad was appointed as Director on 17 Apr 2018. Dheeraj Manwani ceased to be Director on 16 Jul 2017. Upmove Financial Technologies Services has 7 board changes on record in total.
The registered office of Upmove Financial Technologies Services is at Saraswati 9195 Gorai Borivali West, Mumbai, Maharashtra, India – 400091.
Upmove Financial Technologies Services operates in the internet industry, in the online financial services segment.
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