Upskill Innovative Solutions Private Limited

Upskill Innovative Solutions Private Limited - information technology in Thiruvananthapuram, Kerala, India. FY 2026 financials & compliance.
CIN U72200KL2015FTC038115 Incorporated 10 March 2015 ROC Ernakulam HQ Thiruvananthapuram, Kerala, India
Active Foreign Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2021
₹7.03 Cr
▼ 15% YoY
Net loss · FY 2021
₹9.3 Lakh
Net margin -1.3%
EBITDA · FY 2021
₹87.93 Lakh
EBITDA margin 12.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
17
Provident fund records
Directors on board
3
As per MCA filings

About Upskill Innovative Solutions Private Limited

Data last updated:

Upskill Innovative Solutions Private Limited is a foreign private limited company based in Thiruvananthapuram, Kerala, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 March 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2015FTC038115. Its GSTIN is 32AABCU7990F1Z7 (Kerala).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Olive Learning India Private Limited. It is led by directors including Sujin Mathew Padippurathondalil and Brendan Christopher Kavanagh.

Its last annual general meeting (AGM) was held on 31 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Etp SEZ Phaseiii Module No 2606 6th Floor Yamuna Technopark, Thiruvananthapuram, Kerala.

As per the financials filed for FY 2021, the company reported a revenue of ₹7.03 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹9.3 Lakh (net margin -1.3%) and EBITDA of ₹87.93 Lakh (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 55% over five years.

The company has about 17 employees on its provident fund (EPFO) records.

Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.

Upskill Innovative Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-12-0015777). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website olivelearning.com.

Company details

CIN U72200KL2015FTC038115
Registration Number 038115
Incorporation Date 10 March 2015
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KL-12-0015777

Name history

Upskill Innovative Solutions has undergone 3 name changes throughout its history. The company was previously known as Olive Learning India Private Limited, Upskill Innovative Solutions Private Limited, and Upskill Consultancy India Private Limited. The current legal name is Upskill Innovative Solutions Private Limited.

Company NameStatus
Upskill Innovative Solutions Private LimitedCurrent
Olive Learning India Private LimitedPrevious
Upskill Consultancy India Private LimitedPrevious

Recognitions & Rankings of Upskill Innovative Solutions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-KL-12-0015777

Contact details

Upskill Innovative Solutions Private Limited's registered office is in Thiruvananthapuram, Kerala. Its website is olivelearning.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Etp SEZ Phaseiii Module No 2606 6th Floor Yamuna Technopark Kariyavat, Tom, Thiruvananthapuram, Kerala, India – 695581
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Upskill Innovative Solutions Private Limited, buy the company report.

Comprehensive company report
Upskill Innovative Solutions Private Limited - one report that includes everything
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  • 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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Business activity

The main business activity of Upskill Innovative Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Upskill Innovative Solutions Private Limited, buy the company report.

Financials of Upskill Innovative Solutions Private Limited

FY 2021 filings available

Upskill Innovative Solutions Private Limited reported revenue of ₹7.03 Cr (down 15% YoY) for FY 2021.

Revenue · FY 2021
₹7.03 Cr ▼ 15%
Net loss · FY 2021
₹9.3 Lakh margin -1.3%
EBITDA · FY 2021
₹87.93 Lakh margin 12.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 58%
5 years · compounded
▲ 55%
EBITDA CAGR growth
1 year
▼ 37%
3 years · compounded
▲ 42%
5 years · compounded
▲ 55%

Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 55%. EBITDA fell 37% 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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹7.03 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹87.93 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹9.3 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin12.5%
Net Profit Margin-1.3%
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 Upskill Innovative Solutions Private Limited, buy the company report.

Board of directors of Upskill Innovative Solutions Private Limited

Upskill Innovative Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sujin Mathew PadippurathondalilDirector01 Sep 20224 Years 1 MonthsCurrent
Brendan Christopher KavanaghDirector10 Mar 201511 Years 7 MonthsCurrent
Simon James CosgroveAdditional Director03 Nov 20250 Years 11 MonthsCurrent

Auditor

Upskill Innovative Solutions Private Limited is audited by BSJ & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
BSJ & ASSOCIATESFY 2021010560S

Shareholding

The shareholding of Upskill Innovative Solutions 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 categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Upskill Innovative Solutions Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Upskill Innovative Solutions Private Limited has a workforce of 17 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.

Employee count
17
Active EPFO establishments
1
Employee growth
-32%

GST

Upskill Innovative Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
32AABCU7990F1Z7KeralaActive01 Jul 2017

To see the full GST registrations and return filing status of Upskill Innovative Solutions Private Limited, buy the company report.

Recent activity

Upskill Innovative Solutions Private Limited has 6 board changes on record since 2015: 3 appointments and 3 cessations. The latest: Simon James Cosgrove was appointed as Additional Director on 03 Nov 2025.

Appointed
Simon James Cosgrove was appointed as Additional Director.
Ceased
Sujin Mathew Padippurathondalil ceased to be Additional Director.
Ceased
Kailas Shylaja Satheesan ceased to be Managing Director.
Appointed
Sujin Mathew Padippurathondalil was appointed as Director.
AGM
Upskill Innovative Solutions Private Limited last Annual general meeting of members was held on 31 Dec 2021 as per latest MCA records.
Filing
Upskill Innovative Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ernakulam.
Ceased
Kevin Patrick ceased to be Director.
Appointed
Brendan Christopher Kavanagh was appointed as Director.
Incorporation
10 Mar 2015
Upskill Innovative Solutions Private Limited was registered on 10 Mar 2015 with Roc Ernakulam & aged 11 years 7 months as per MCA records.

Frequently asked questions

Upskill Innovative Solutions is an active foreign private limited company based in Thiruvananthapuram, Kerala, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 March 2015 (11+ years old) and is registered under CIN U72200KL2015FTC038115.

Upskill Innovative Solutions has 3 current directors:

The latest financial statements of Upskill Innovative Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 31 December 2021. Year-wise statements from 2015 are in the company report.

The GSTIN of Upskill Innovative Solutions is 32AABCU7990F1Z7, registered in Kerala.

The CIN (Corporate Identification Number) of Upskill Innovative Solutions is U72200KL2015FTC038115. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Upskill Innovative Solutions has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.

Upskill Innovative Solutions was incorporated on 10 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ernakulam.

Simon James Cosgrove was appointed as Additional Director on 03 Nov 2025. Sujin Mathew Padippurathondalil ceased to be Additional Director on 30 Sep 2022. Kailas Shylaja Satheesan ceased to be Managing Director on 15 Sep 2022. Upskill Innovative Solutions has 6 board changes on record in total.

Yes, Upskill Innovative Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-12-0015777).

Upskill Innovative Solutions can be reached through the website olivelearning.com. Its registered office is in Thiruvananthapuram, Kerala, India.