DPIIT recognised startup Government of India
Startup India
Upstablish Food Technologies Private Limited
Upstablish Food Technologies Private Limited - food and beverages in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.02 Cr
▲ 146% YoY
Net loss · FY 2025
₹54.07 Lakh
Net margin -53.1%
EBITDA · FY 2025
-₹69.41 Lakh
EBITDA margin -68.1%
Authorised capital
₹43 Lakh
Registered with MCA
Paid-up capital
₹37.6 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Upstablish Food Technologies Private Limited
Data last updated:
Upstablish Food Technologies Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the non-alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 22 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U15118DL2017PTC317896. Its GSTIN is 07AACCU0913F1ZQ (Delhi).
The company has an authorised share capital of ₹43 Lakh and a paid-up capital of ₹37.6 Lakh. It is led by directors Ashok Kumar Sharma and Gaurav Sharma.
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 C – 32 Pocket – A Sukhdev Vihar, New Delhi, Delhi, India – 110024.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.02 Cr, a growth of 146% compared to the previous year. For the same year it recorded a net loss of ₹54.07 Lakh (net margin -53.1%) and EBITDA of -₹69.41 Lakh (EBITDA margin -68.1%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 97% over five years.
The company is associated with 2 brands: Upstablish and Greenest Foods. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 9 deals on record (4 secondary share transfers, 3 rights issues, 2 funding rounds), with disclosed funding of ₹4.21 Cr; the latest was in August 2022. Its 3 peer companies in the Food and Beverages industry (Non Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 1 larger and 2 smaller; the largest is Anomaly Foods and Breweries Private Limited with revenue of ₹1.05 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2020, listing 3 overdue payments to 1 micro and small supplier.
Upstablish Food Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-09-0008670). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U15118DL2017PTC317896
Registration Number 317896
Incorporation Date 22 May 2017
ROC Delhi
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-DL-09-0008670
Recognitions & Rankings of Upstablish Food Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-09-0008670
Contact details
Upstablish Food Technologies Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 32 Pocket – A Sukhdev Vihar, New Delhi, Delhi, India – 110024
- IndustryFood and Beverages, Non-Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Upstablish Food Technologies Private Limited, buy the company report.
Comprehensive company report
Upstablish Food Technologies 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Upstablish Food Technologies operates two associated brands: Upstablish and Greenest Foods. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Production and distribution of plant-based food products in India. | upstablish.com | |
| Plant-based meat alternatives are developed using innovative research. | greenestfoods.com |
Business activity
The main business activity of Upstablish Food Technologies is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Upstablish Food Technologies Private Limited, buy the company report.
Financials of Upstablish Food Technologies Private Limited
FY 2025 filings availableUpstablish Food Technologies Private Limited reported revenue of ₹1.02 Cr (up 146% YoY) for FY 2025.
Revenue · FY 2025
₹1.02 Cr ▲ 146%
Net loss · FY 2025
₹54.07 Lakh margin -53.1%
EBITDA · FY 2025
-₹69.41 Lakh margin -68.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 146%
3 years · compounded
▲ 41%
5 years · compounded
▲ 97%
EBITDA CAGR growth
1 year
▲ 41%
3 years · compounded
▼ 52%
5 years · compounded
▼ 76%
Revenue has grown at a compounded annual rate (CAGR) of 97% over five years, including 146% growth in the latest year. EBITDA rose 41% 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 | -₹69.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹54.07 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 | -68.1% | ||||
| Net Profit Margin | -53.1% | ||||
| 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 Upstablish Food Technologies Private Limited, buy the company report.
Board of directors of Upstablish Food Technologies Private Limited
Upstablish Food Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Sharma Also directs: Whitespan Living Private Limited | Director | 22 May 2017 | 9 Years 5 Months | Current |
| Gaurav Sharma Also directs: Whitespan Living Private Limited | Director | 22 May 2017 | 9 Years 5 Months | Current |
Peer comparison
Upstablish Food Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Food and Beverages industry (Non Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anomaly Foods and Breweries Private Limited | ₹1.05 Cr (FY 2025) | 35.0% | Mumbai, Maharashtra, India | |||
| Upstablish Food Technologies Private Limitedthis company | ₹1.02 Cr (FY 2025) | -₹54.07 Lakh | -53.1% | 146.0% | New Delhi, Delhi, India | |
| Wajmos Foods Private Limited | ₹1.01 Cr (FY 2025) | 24.0% | Hilalpur, Hajipur, Bihar, India | |||
| Ladli Agro Trading Private Limited | ₹1 Cr (FY 2021) | 3030.0% | Madhubani, Bihar, India |
To see the full peer comparison of Upstablish Food Technologies Private Limited, buy the company report.
Auditor
Upstablish Food Technologies Private Limited is audited by BAVEJA GUPTA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAVEJA GUPTA & CO. | FY 2022 | 018538C |
Shareholding
The shareholding of Upstablish Food Technologies Private Limited is on record for 4 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 2018 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Upstablish Food Technologies Private Limited, buy the company report.
Deals & funding
Upstablish Food Technologies Private Limited has 9 deals on record (4 secondary share transfers, 3 rights issues, 2 funding rounds), with disclosed funding of ₹4.21 Cr; the latest was in August 2022.
Total deals
9
Secondary share transfers
4
Rights issues
3
Funding rounds
2
Disclosed funding
₹4.21 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Rights issue | ₹18.4 Lakh | Investors: 2 individuals |
| Mar 2021 | Funding round · Series I | ₹30.6 Lakh | Investors: Magnetic, an individual |
| Jan 2021 | Rights issue | ₹5 Lakh | Investors: an individual |
| Oct 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Jul 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Upstablish Food Technologies 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
Upstablish Food Technologies Private Limited has 1 court case on record: 1 filed by Upstablish Food Technologies. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Upstablish Food Technologies Private Limited, 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
Upstablish Food Technologies Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2020, listing 3 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Baveja Gupta & Co |
To see the full MSME payment records of Upstablish Food Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Upstablish Food Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCU0913F1ZQ | Delhi | Active | 29 Aug 2017 |
To see the full GST registrations and return filing status of Upstablish Food Technologies Private Limited, buy the company report.
Recent activity
Upstablish Food Technologies Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Ashok Kumar Sharma was appointed as Director on 22 May 2017.
AGM
Upstablish Food Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Upstablish Food Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Appointed
Ashok Kumar Sharma was appointed as Director.
Appointed
Gaurav Sharma was appointed as Director.
Incorporation
22 May 2017
Upstablish Food Technologies Private Limited was registered on 22 May 2017 with Roc Delhi I & aged 9 years 5 months as per MCA records.
Frequently asked questions
Upstablish Food Technologies is an active private limited company based in New Delhi, Delhi, India. The company works in non-alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 22 May 2017 (9+ years old) and is registered under CIN U15118DL2017PTC317896.
Upstablish Food Technologies has 2 current directors:
- Ashok Kumar Sharma - Director
- Gaurav Sharma - Director
The latest financial statements of Upstablish Food 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 FY 2018 are in the company report.
The GSTIN of Upstablish Food Technologies is 07AACCU0913F1ZQ, registered in Delhi.
The CIN (Corporate Identification Number) of Upstablish Food Technologies is U15118DL2017PTC317896. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Upstablish Food Technologies has 1 court case on record: 1 filed by the company. 1 is pending.
Upstablish Food Technologies was incorporated on 22 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Upstablish Food Technologies has 9 deals on record (4 secondary share transfers, 3 rights issues, 2 funding rounds), with disclosed funding of ₹4.21 Cr; the latest was in August 2022.
The peers of Upstablish Food Technologies by revenue are Anomaly Foods and Breweries Private Limited, Wajmos Foods Private Limited, Ladli Agro Trading Private Limited, all in the Food and Beverages industry (Non Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products).
Ashok Kumar Sharma was appointed as Director on 22 May 2017. Gaurav Sharma was appointed as Director on 22 May 2017.
Yes, Upstablish Food Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Upstablish Food Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-09-0008670).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages