Upside Investech Networks Private Limited

Upside Investech Networks Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U68100MH2021PTC363951 Incorporated 14 July 2021 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2025
₹1.17 Cr
▲ 34% YoY
Net loss · FY 2025
₹1.14 Cr
Net margin -98%
EBITDA · FY 2025
-₹98.89 Lakh
EBITDA margin -84.8%
Authorised capital
₹10.2 Lakh
Registered with MCA
Paid-up capital
₹9.85 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Upside Investech Networks Private Limited

Data last updated:

Upside Investech Networks Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the asset management firms segment of the financial services sector. It was incorporated on 14 July 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U68100MH2021PTC363951. Its GSTIN is 27AACCU8758J1ZO (Maharashtra).

The company has an authorised share capital of ₹10.2 Lakh and a paid-up capital of ₹9.85 Lakh. It is led by directors Ashima Uday Vora and Avishek Banerjee.

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 Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.17 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net loss of ₹1.14 Cr (net margin -98%) and EBITDA of -₹98.89 Lakh (EBITDA margin -84.8%). Revenue has grown at a compounded annual rate (CAGR) of 237% over three years.

Its group structure includes 1 subsidiary.

The company is associated with 1 brand: Afinue.

Upside Investech Networks Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0085882). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website upcide.com.

Company details

CIN U68100MH2021PTC363951
Registration Number 363951
Incorporation Date 14 July 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0085882

CIN history

Upside Investech Networks has one previous CIN (Corporate Identification Number): U70109MH2021PTC363951. The current CIN is U68100MH2021PTC363951, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U68100MH2021PTC363951Current
U70109MH2021PTC363951Previous
Key People
Ashima Uday Vora Director Avishek Banerjee Director

Recognitions & Rankings of Upside Investech Networks

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-18-0085882

Contact details

Upside Investech Networks Private Limited's registered office is in Mumbai, Maharashtra. Its website is upcide.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    upcide.com
  • Social Media
  • Registered Address
    Garage 1 And 2 Matruchhaya Chs Ltd. State Bank Of Bikaner And Jaipur, Gulmohar Cross Road No. 6 Jvpd Scheme Vile Parle W, Mumbai, Maharashtra, India – 400049
  • Industry
    Financial Services, Asset Management Firms

To see the full contact details of Upside Investech Networks Private Limited, buy the company report.

Comprehensive company report
Upside Investech Networks 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
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Brands

Upside Investech Networks operates one associated brand: AFINUE. Each brand links to its own profile.

BrandDescriptionWebsite
AFINUE
Offers investment tech platforms for opportunities and insights access.afinue.com

Business activity

The main business activity of Upside Investech Networks is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Upside Investech Networks Private Limited, buy the company report.

Financials of Upside Investech Networks Private Limited

FY 2025 filings available

Upside Investech Networks Private Limited reported revenue of ₹1.17 Cr (up 34% YoY) for FY 2025.

Revenue · FY 2025
₹1.17 Cr ▲ 34%
Net loss · FY 2025
₹1.14 Cr margin -98%
EBITDA · FY 2025
-₹98.89 Lakh margin -84.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 237%
EBITDA CAGR growth
1 year
▼ 359%
3 years · compounded
▼ 72%

Revenue has grown at a compounded annual rate (CAGR) of 237% over three years, including 34% growth in the latest year. EBITDA fell 359% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
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-₹98.89 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.14 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin-84.8%
Net Profit Margin-98%
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 Upside Investech Networks Private Limited, buy the company report.

Board of directors of Upside Investech Networks Private Limited

Upside Investech Networks has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashima Uday Vora
Also directs: Upsd-Leaseown 36 LLP, Euemeria Consulting LLP, Scalefox Ventures Private Limited and 5 more
Director31 Aug 20224 Years 2 MonthsCurrent
Avishek Banerjee
Also directs: Upsd-Leaseown 36 LLP, Upsd-Leaseown 01 LLP, Upsd-Leaseown 02 LLP and 5 more
Director14 Jul 20215 Years 3 MonthsCurrent
View all directors

Auditor

Upside Investech Networks Private Limited is audited by CNK & Associates LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
CNK & Associates LLPFY 202310196 1W/W-100036

Shareholding

The shareholding of Upside Investech Networks Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Upside Investech Networks Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Upside Investech Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Upside Investech Networks has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Weg Wealth and Estate Management Private LimitedU70100MH2022PTC385555

To see the full group structure of Upside Investech Networks Private Limited, buy the company report.

GST

Upside Investech Networks has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AACCU8758J1ZOMaharashtraActive11 Oct 2021

To see the full GST registrations and return filing status of Upside Investech Networks Private Limited, buy the company report.

Recent activity

Upside Investech Networks Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Ashima Uday Vora was appointed as Director on 31 Aug 2022.

AGM
Upside Investech Networks Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Upside Investech Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Ashima Uday Vora was appointed as Director.
Ceased
Nikhil Ramesh Sahajwani ceased to be Director.
Appointed
Avishek Banerjee was appointed as Director.
Appointed
Nikhil Ramesh Sahajwani was appointed as Director.
Incorporation
14 Jul 2021
Upside Investech Networks Private Limited was registered on 14 Jul 2021 with Roc Mumbai I & aged 5 years 4 months as per MCA records.

Frequently asked questions

Upside Investech Networks is an active private limited company based in Mumbai, Maharashtra, India. The company works in asset management firms, within the financial services industry. It was incorporated on 14 July 2021 (5+ years old) and is registered under CIN U68100MH2021PTC363951.

Upside Investech Networks has 2 current directors:

The latest financial statements of Upside Investech Networks 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 FY 2022 are in the company report.

The GSTIN of Upside Investech Networks is 27AACCU8758J1ZO, registered in Maharashtra.

The CIN (Corporate Identification Number) of Upside Investech Networks is U68100MH2021PTC363951. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Upside Investech Networks was incorporated on 14 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.

Ashima Uday Vora was appointed as Director on 31 Aug 2022. Nikhil Ramesh Sahajwani ceased to be Director on 31 Aug 2022. Avishek Banerjee was appointed as Director on 14 Jul 2021. Upside Investech Networks has 4 board changes on record in total.

Yes, Upside Investech Networks is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Upside Investech Networks is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0085882).

Upside Investech Networks can be reached through the website upcide.com. Its registered office is in Mumbai, Maharashtra, India.