Upsilon Trading LLP
About Upsilon Trading LLP
Data last updated:
Upsilon Trading LLP is a limited liability partnership (LLP) based in Rajkot, Gujarat, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 21 June 2018 and has been in existence for over 8 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAM-8473.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Manish Kumar Dangi and Nidhi Jay Chotalia.
Its latest statement of accounts is for the year ended 31 March 2022. The registered office is at Rajkot, Gujarat.
As per the financials filed for FY 2020, the LLP reported a revenue of ₹1.05 Lakh. For the same year it recorded a net profit of ₹67,589 (net margin 64.5%) and EBITDA of -₹37,221 (EBITDA margin -35.5%).
As per MCA filings, the LLP has open charges of ₹64 Cr on record. Court records list 5 cases involving the LLP, including 2 filed by the LLP and 3 filed against it.
Company details
Contact details
Upsilon Trading LLP's registered office is in Rajkot, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address4th Floor Sunshine Arcade Vidyakunj Society Main Road Off. Amin Marg Nr. King'S He, Ights, Rajkot, Gujarat, India – 360005
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Upsilon Trading LLP, 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 Upsilon Trading LLP
FY 2022 filings availableUpsilon Trading LLP reported revenue of ₹1.05 Lakh for FY 2020.
Financial Statement Summary
| Statement of Account and Solvency | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Income and Expenditure | ||
| Turnover | ||
| Other Income | ||
| Total Income | ₹1.05 Lakh | |
| Purchases and Direct Costs | ||
| Personnel Expenses | ||
| Administrative Expenses | ||
| Interest | ||
| Depreciation | ||
| Total Expenses | ||
| Profit Before Tax | ||
| Tax | ||
| Profit After Tax | ₹67,589 | |
| Profit Transferred to Partners | ||
| Assets and Liabilities | ||
| Partners' Contribution | ||
| Reserves and Surplus | ||
| Secured Loans | ||
| Unsecured Loans | ||
| Trade Payables | ||
| Other Liabilities and Provisions | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Loans and Advances | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Statement of Account and Solvency | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| Net Profit Margin | 64.5% | |
| Return on Partners' Funds | ||
| Return on Assets | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Debt to Partners' Funds | ||
| Interest Coverage | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Turnover Growth | ||
| Profit Growth | ||
To see the full financial statements and ratios of Upsilon Trading LLP, buy the company report.
Designated partners of Upsilon Trading LLP
Upsilon Trading has 2 current designated partners and 3 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Kumar Dangi | Designated Partner | 21 Jun 2018 | 8 Years 4 Months | Current |
| Nidhi Jay Chotalia Also directs: Pyramid Finvest Services Private Limited | Designated Partner | 19 Dec 2020 | 5 Years 10 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Oct 2022 | 100664260 | The Kalupur Commercial Co Operative Bank Limited | ₹64 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Upsilon Trading LLP has 5 court cases on record: 2 filed by Upsilon Trading, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| NCLT | 2 | 2 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Court case (COMP.APPL) | Filed against the company by Karnavati Infrastructure Projectslimited and 4 others | Disposed |
| NCLT, Ahmedabad | Company petition | Filed against the company by Karnavati Infrastructure Projectslimited and 4 others | Disposed |
| High Court, GUJARAT | Appeal | Filed against the company by Turnrest Rescources Private Limited and 2 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against The Kalupur Commercial Co Operative Bank Limited and 3 others | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against The Kalupur Commerce Co.O.P.Bank Ltd and 1 other | Disposed |
To see the full case history of Upsilon Trading LLP, 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 Upsilon Trading LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Upsilon Trading LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Upsilon Trading LLP has 5 designated partner changes on record since 2018: 2 appointments and 3 cessations. The latest: Mitesh Kiritikumar Sanghvi ceased to be Designated Partner on 19 Dec 2020.
Frequently asked questions
Upsilon Trading is an active limited liability partnership based in Rajkot, Gujarat, India. The LLP works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 21 June 2018 (8+ years old) and is registered under LLPIN AAM-8473.
Upsilon Trading has 2 current designated partners:
- Manish Kumar Dangi - Designated Partner
- Nidhi Jay Chotalia - Designated Partner
The latest financial statements of Upsilon Trading on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 31 March 2023. Year-wise statements from FY 2019 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of Upsilon Trading is AAM-8473. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Upsilon Trading has 5 court cases on record: 2 filed by the LLP and 3 filed against it. Most are in the high courts.
Upsilon Trading was incorporated on 21 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mitesh Kiritikumar Sanghvi ceased to be Designated Partner on 19 Dec 2020. Nidhi Jay Chotalia was appointed as Designated Partner on 19 Dec 2020. Nidhi Jay Chotalia ceased to be Partner on 18 Dec 2020. Upsilon Trading has 5 designated partner changes on record in total.
The registered office of Upsilon Trading is at 4th Floor Sunshine Arcade Vidyakunj Society Main Road Off. Amin Marg Nr. KingS He, Ights, Rajkot, Gujarat, India – 360005.
Upsilon Trading operates in the metals and minerals industry, in the materials retail and distribution segment.
Upsilon Trading has open charges of ₹64 Cr and no satisfied charges on record as per latest MCA filings.