Upright Technoplast Private Limited
About Upright Technoplast Private Limited
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Upright Technoplast Private Limited is a private limited company based in Kancheepuram, Tamil Nadu, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 31 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31401TN2012PTC088302. Its GSTIN is 33AABCU5585E1ZC (Tamil Nadu).
The company has an authorised share capital of ₹6.27 Cr and a paid-up capital of ₹5.7 Cr. It was formerly known as Upright Techoplast India Private Limited. It is led by directors including Varsha Varshney and Amit Gupta.
Its last annual general meeting (AGM) was held on 23 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kancheepuram, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹82.22 Cr, a growth of 84% compared to the previous year. For the same year it recorded a net profit of ₹3.69 Cr (net margin 4.5%) and EBITDA of ₹8.51 Cr (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 693% over three years and 43% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹1.46 Cr and satisfied charges of ₹2.28 Cr on record. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹4.76 Cr; the latest was in August 2018. Its 4 peer companies in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 1 larger and 3 smaller; the largest is Atc Precision Components Private Limited with revenue of ₹83.45 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Upright Technoplast Private Limited's registered office is in Kancheepuram, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressV.G.P Queens Town Plot No. 69 & 70 Mevalur Kuppam Village Sriperumbudur Ta, Luk, Kancheepuram, Tamil Nadu, India – 602105
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Upright Technoplast 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 Upright Technoplast is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Upright Technoplast Private Limited, buy the company report.
Financials of Upright Technoplast Private Limited
FY 2024 filings availableUpright Technoplast Private Limited reported revenue of ₹82.22 Cr (up 84% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 84% growth in the latest year. EBITDA rose 27% 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 |
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| EBITDA | ₹8.51 Cr | ||||
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| Net Profit (PAT) | ₹3.69 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 10.4% | ||||
| Net Profit Margin | 4.5% | ||||
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To see the full financial statements and ratios of Upright Technoplast Private Limited, buy the company report.
Board of directors of Upright Technoplast Private Limited
Upright Technoplast has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varsha Varshney | Director | 27 Feb 2017 | 9 Years 7 Months | Current |
| Sachin Nithyanand Kamath Also directs: Mirador Advisors LLP, Oil Field Instrumentation (India) Private Limited, TVS Automobile Solutions Private Limited and 4 more | Nominee Director | 23 Sep 2024 | 2 Years 1 Months | Current |
| Amit Gupta Also directs: Agvv Private Limited, Rc-Sancraft India Private Limited, Sancraft Technology India Private Limited and 1 more | Director | 31 Dec 2012 | 13 Years 9 Months | Current |
Peer comparison
Upright Technoplast Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Atc Precision Components Private Limited | ₹83.45 Cr (FY 2025) | -9.0% | New Delhi, Delhi, India | |||
| Upright Technoplast Private Limitedthis company | ₹82.22 Cr (FY 2025) | ₹3.69 Cr | 4.5% | 84.0% | Kancheepuram, Tamil Nadu, India | |
| Aadinath Polyfab Private Limited | ₹82.13 Cr (FY 2019) | 0.0% | Murbad, Maharashtra, India | |||
| Primex Plastics Private Limited | ₹82.07 Cr (FY 2024) | 1.0% | Bangalore, Karnataka, India | |||
| Savera Mouldings Private Limited | ₹81.59 Cr (FY 2025) | 13.0% | Aurangabad, Maharashtra, India |
To see the full peer comparison of Upright Technoplast Private Limited, buy the company report.
Auditor
Upright Technoplast Private Limited is audited by GVMD & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GVMD & ASSOCIATES | FY 2022 | 017657S |
Shareholding
The shareholding of Upright Technoplast 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 Upright Technoplast Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Aug 2022 | 100633052 | Others | ₹1.46 Cr | Open | |
| 04 Sep 2013 | 10456919 | Tamilnadu Industrial Investment Corporation Limited | ₹2.28 Cr | Satisfied |
To see the full charge records of Upright Technoplast Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Upright Technoplast Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹4.76 Cr; the latest was in August 2018.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2018 | Funding round | ₹2.01 Cr | Investors: Kitara Capital |
| Jun 2018 | Funding round | ₹49 Lakh | Investors: 2 individuals |
| Feb 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2013 | Funding round | ₹2.26 Cr | Investors: 2 individuals |
| Aug 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Upright Technoplast 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
No court or tribunal cases involving Upright Technoplast 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 Upright Technoplast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Upright Technoplast has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sancraft Industries Private Limited | U36900TN2017PTC117604 |
To see the full group structure of Upright Technoplast Private Limited, buy the company report.
GST
Upright Technoplast has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCU5585E1ZC | Tamil Nadu | Active | 27 Oct 2021 |
To see the full GST registrations and return filing status of Upright Technoplast Private Limited, buy the company report.
Recent activity
Upright Technoplast Private Limited has 7 board changes on record since 2012: 3 appointments and 4 cessations. The latest: Sachin Nithyanand Kamath was appointed as Nominee Director on 23 Sep 2024.
1 earlier event is in the company report.
Frequently asked questions
Upright Technoplast is an active private limited company based in Kancheepuram, Tamil Nadu, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 31 October 2012 (14+ years old) and is registered under CIN U31401TN2012PTC088302.
Upright Technoplast has 3 current directors:
- Varsha Varshney - Director
- Sachin Nithyanand Kamath - Nominee Director
- Amit Gupta - Director
The latest financial statements of Upright Technoplast on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Upright Technoplast is 33AABCU5585E1ZC, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Upright Technoplast is U31401TN2012PTC088302. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Upright Technoplast was incorporated on 31 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
Upright Technoplast has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹4.76 Cr; the latest was in August 2018.
The peers of Upright Technoplast by revenue are Atc Precision Components Private Limited, Aadinath Polyfab Private Limited, Primex Plastics Private Limited, Savera Mouldings Private Limited, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Sachin Nithyanand Kamath was appointed as Nominee Director on 23 Sep 2024. Sreeramulu Kamalakannan ceased to be Director on 27 Feb 2017. Varsha Varshney was appointed as Director on 27 Feb 2017. Upright Technoplast has 7 board changes on record in total.
The registered office of Upright Technoplast is at V.G.P Queens Town Plot No. 69 & 70 Mevalur Kuppam Village Sriperumbudur Ta, Luk, Kancheepuram, Tamil Nadu, India – 602105.
Upright Technoplast operates in the manufacturing industry, in the plastic-based products segment.