- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0031244

Upnexo Technologies Private Limited
About Upnexo Technologies Private Limited
Data last updated:
Upnexo Technologies Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74120GJ2008PTC054712. Its GSTIN is 24AADCT0067E1ZR (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Taxsmart Technologies Private Limited and Taxsmart Services Private Limited. It is led by directors Parthsarthi Shantilal Joshi and Priyadarshan Parthsarthi Joshi.
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 24/A Gokul Society Sindhwai Mata Road Pratapnagar, Vadodara, Gujarat, India – 390004.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.44 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹1.96 Lakh (net margin -6.4%) and EBITDA of ₹2.31 Lakh (EBITDA margin 7.6%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹60 Lakh on record.
Upnexo Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0031244). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Upnexo Technologies has undergone 2 name changes throughout its history. The company was previously known as Taxsmart Technologies Private Limited, and Taxsmart Services Private Limited. The current legal name is Upnexo Technologies Private Limited.
| Company Name | Status |
|---|---|
| Upnexo Technologies Private Limited | Current |
| Taxsmart Technologies Private Limited | Previous |
| Taxsmart Services Private Limited | Previous |
Recognitions & Rankings of Upnexo Technologies
Contact details
Upnexo Technologies Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address24/A Gokul Society Sindhwai Mata Road Pratapnagar, Vadodara, Gujarat, India – 390004
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Upnexo Technologies 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 Upnexo Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Upnexo Technologies Private Limited, buy the company report.
Financials of Upnexo Technologies Private Limited
FY 2025 filings availableUpnexo Technologies Private Limited reported revenue of ₹30.44 Lakh (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 1% fall in the latest year. EBITDA rose 150% 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 | ₹2.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.96 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | -6.4% | ||||
| 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 Upnexo Technologies Private Limited, buy the company report.
Board of directors of Upnexo Technologies Private Limited
Upnexo Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parthsarthi Shantilal Joshi | Director | 07 Aug 2008 | 18 Years 2 Months | Current |
| Priyadarshan Parthsarthi Joshi Also directs: Metromint Realty LLP | Director | 07 Aug 2008 | 18 Years 2 Months | Current |
Auditor
Upnexo Technologies Private Limited is audited by VIPUL SHAH & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIPUL SHAH & CO | FY 2021 | 115087W |
Shareholding
The shareholding of Upnexo Technologies Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Upnexo Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Apr 2024 | 100907162 | Others | ₹60 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Upnexo Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Upnexo Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Upnexo Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCT0067E1ZR | Gujarat | Active | 23 Aug 2017 |
To see the full GST registrations and return filing status of Upnexo Technologies Private Limited, buy the company report.
Recent activity
Upnexo Technologies Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Krishna Chandra Sharma ceased to be Director on 26 Mar 2012.
Frequently asked questions
Upnexo Technologies is an active private limited company based in Vadodara, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 August 2008 (18+ years old) and is registered under CIN U74120GJ2008PTC054712.
Upnexo Technologies has 2 current directors:
- Parthsarthi Shantilal Joshi - Director
- Priyadarshan Parthsarthi Joshi - Director
The latest financial statements of Upnexo Technologies 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 Upnexo Technologies is 24AADCT0067E1ZR, registered in Gujarat.
The CIN (Corporate Identification Number) of Upnexo Technologies is U74120GJ2008PTC054712. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Upnexo Technologies was incorporated on 07 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Krishna Chandra Sharma ceased to be Director on 26 Mar 2012. Parthsarthi Shantilal Joshi was appointed as Director on 07 Aug 2008. Priyadarshan Parthsarthi Joshi was appointed as Director on 07 Aug 2008.
Yes, Upnexo Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0031244).
The registered office of Upnexo Technologies is at 24A Gokul Society Sindhwai Mata Road Pratapnagar, Vadodara, Gujarat, India – 390004.
Upnexo Technologies operates in the information technology industry, in the IT consulting and support services segment.

