Upstart Software Solutions Private Limited
About Upstart Software Solutions Private Limited
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Upstart Software Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 02 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72300TG2016PTC102549. Its GSTIN is 36AABCU8902F1ZD (Telangana).
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors Keerthi Muddagouni and Muthagouni Anil Kumar.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at H. No. 7 – 1 – 397/41 Pt – 67/B Sanjeev Reddy Nagar, Hyderabad, Telangana, India – 500038.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.87 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12.2 Lakh (net margin 4.2%) and EBITDA of ₹33.6 Lakh (EBITDA margin 11.7%). Revenue has grown at a compounded annual rate (CAGR) of 100% over three years.
As per MCA filings, the company has open charges of ₹50 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Upstart Software Solutions Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH. No. 7 – 1 – 397/41 Pt – 67/B Sanjeev Reddy Nagar, Hyderabad, Telangana, India – 500038
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Upstart Software Solutions 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 Upstart Software Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Upstart Software Solutions Private Limited, buy the company report.
Financials of Upstart Software Solutions Private Limited
FY 2020 filings availableUpstart Software Solutions Private Limited reported revenue of ₹2.87 Cr (up 411% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 100% over three years, including 411% growth in the latest year. EBITDA rose 570% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profit and Loss Statement | |||||
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| Total Revenue | ₹2.87 Cr | ||||
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| EBITDA | ₹33.6 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹12.2 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.7% | ||||
| Net Profit Margin | 4.2% | ||||
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To see the full financial statements and ratios of Upstart Software Solutions Private Limited, buy the company report.
Board of directors of Upstart Software Solutions Private Limited
Upstart Software Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Keerthi Muddagouni | Director | 02 Jan 2016 | 10 Years 9 Months | Current |
| Muthagouni Anil Kumar Also directs: Streak Labs Private Limited | Director | 02 Jan 2016 | 10 Years 9 Months | Current |
Peer comparison
Upstart Software Solutions Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SNTG IT Services Private Limited | ₹2.88 Cr (FY 2024) | 16.0% | Jamnagar, Gujarat, India | |||
| Bereej Technologies Private Limited | ₹2.88 Cr (FY 2025) | 13.0% | Pune, Maharashtra, India | |||
| Megh Technologies India Private Limited | ₹2.88 Cr (FY 2025) | -2.0% | Vadodara, Gujarat, India | |||
| Upstart Software Solutions Private Limitedthis company | ₹2.87 Cr (FY 2020) | ₹12.2 Lakh | 4.2% | 411.0% | Hyderabad, Telangana, India | |
| Jiyyo Innovations Private Limited | ₹2.87 Cr (FY 2025) | 39.0% | Chandigarh, India | |||
| Rsmart Aviation Software Private Limited | ₹2.86 Cr (FY 2024) | 49.0% | Panvel, Maharashtra, India |
To see the full peer comparison of Upstart Software Solutions Private Limited, buy the company report.
Auditor
Upstart Software Solutions Private Limited is audited by P RAVI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P RAVI & CO | FY 2019 | 015945S |
Shareholding
The shareholding of Upstart Software Solutions Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Upstart Software Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Feb 2020 | 100327883 | Others | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Upstart Software Solutions 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 Upstart Software Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Upstart Software Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCU8902F1ZD | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Upstart Software Solutions Private Limited, buy the company report.
Recent activity
Upstart Software Solutions Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Keerthi Muddagouni was appointed as Director on 02 Jan 2016.
Frequently asked questions
Upstart Software Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in software development and support services, within the information technology industry. It was incorporated on 02 January 2016 (10+ years old) and is registered under CIN U72300TG2016PTC102549.
Upstart Software Solutions has 2 current directors:
- Keerthi Muddagouni - Director
- Muthagouni Anil Kumar - Director
The latest financial statements of Upstart Software Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Upstart Software Solutions is 36AABCU8902F1ZD, registered in Telangana.
The CIN (Corporate Identification Number) of Upstart Software Solutions is U72300TG2016PTC102549. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Upstart Software Solutions was incorporated on 02 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Upstart Software Solutions by revenue are SNTG IT Services Private Limited, Bereej Technologies Private Limited, Megh Technologies India Private Limited, Jiyyo Innovations Private Limited, Rsmart Aviation Software Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).
Keerthi Muddagouni was appointed as Director on 02 Jan 2016. Muthagouni Anil Kumar was appointed as Director on 02 Jan 2016.
The registered office of Upstart Software Solutions is at H. No. 7 – 1 – 39741 Pt – 67B Sanjeev Reddy Nagar, Hyderabad, Telangana, India – 500038.
Upstart Software Solutions operates in the information technology industry, in the software development and support services segment.
Upstart Software Solutions has open charges of ₹50 Lakh and no satisfied charges on record as per latest MCA filings.