Upsurge Multitrade Private Limited
About Upsurge Multitrade Private Limited
Data last updated:
Upsurge Multitrade Private Limited is a private limited company based in Mumbai, Maharashtra, India. It was incorporated on 28 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51009MH2006PTC161457. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.25 Cr. It is led by directors Vilasini Vasudev Ghotage and Prasanna Ghotage.
Its last annual general meeting (AGM) was held on 30 September 2010, and its latest financial statements are for the year ended 31 March 2010. The registered office is at 311 Morya Estate 3rd Floor Andheri Link Road Andheri (West), Mumbai, Maharashtra, India – 400053.
As per MCA filings, the company has open charges of ₹27.5 Cr on record. Court records list 15 cases involving the company, including 3 filed by the company and 12 filed against it; 4 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Upsurge Multitrade Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address311 Morya Estate 3rd Floor Andheri Link Road Andheri (West), Mumbai, Maharashtra, India – 400053
- 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 Upsurge Multitrade Private Limited
FY 2010 filings availableFinancial Statement Summary
| Metrics | FY 2009-10 |
|---|---|
| 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 | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2009-10 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Upsurge Multitrade Private Limited, buy the company report.
Board of directors of Upsurge Multitrade Private Limited
Upsurge Multitrade has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vilasini Vasudev Ghotage Also directs: PVG Exports Private Limited | Director | 31 Mar 2008 | 18 Years 7 Months | Current |
| Prasanna Ghotage Also directs: Degve Mining Corporation Partners LLP, PVG Logistics Private Limited, PVG Exports Private Limited and 1 more | Director | 31 Mar 2008 | 18 Years 7 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Sep 2009 | 10181803 | Canara Bank | ₹27.5 Cr | Open |
To see the full charge records of Upsurge Multitrade Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Upsurge Multitrade Private Limited has 15 court cases on record: 3 filed by Upsurge Multitrade, 12 filed against it. 4 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 4 |
| High courts | 5 | 2 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Rashmi Metaliks Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Waterbase Multitrade Pvt. Ltd., and 5 others | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against PVG Lifestyle Pvt Ltd., and 5 others | Disposed |
| District court, Moradabad, Uttar Pradesh | Criminal case | Filed against the company by an individual | Pending |
| District court, South Goa, Goa | Court case (SPCC) | Filed against the company by State of Goa | Pending |
To see the full case history of Upsurge Multitrade 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
No delayed payments to MSME suppliers are on our record for Upsurge Multitrade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Upsurge Multitrade has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Upsurge Multitrade Private Limited, buy the company report.
Recent activity
Upsurge Multitrade Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Reena Dargar ceased to be Director on 01 Apr 2008.
Frequently asked questions
Upsurge Multitrade is an active private limited company based in Mumbai, Maharashtra, India. It was incorporated on 28 April 2006 (20+ years old) and is registered under CIN U51009MH2006PTC161457.
Upsurge Multitrade has 2 current directors:
- Vilasini Vasudev Ghotage - Director
- Prasanna Ghotage - Director
The latest financial statements of Upsurge Multitrade on record with the MCA are for the year ended 31 March 2010. Its last annual general meeting was held on 30 September 2010. Year-wise statements from 2015 are in the company report.
No. Upsurge Multitrade has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Upsurge Multitrade is U51009MH2006PTC161457. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Upsurge Multitrade has 15 court cases on record: 3 filed by the company and 12 filed against it. 4 are pending. Most are in the district courts.
Upsurge Multitrade was incorporated on 28 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Reena Dargar ceased to be Director on 01 Apr 2008. Vijay Dargar ceased to be Director on 01 Apr 2008. Prasanna Ghotage was appointed as Director on 31 Mar 2008. Upsurge Multitrade has 4 board changes on record in total.
The registered office of Upsurge Multitrade is at 311 Morya Estate 3rd Floor Andheri Link Road Andheri West, Mumbai, Maharashtra, India – 400053.
Upsurge Multitrade has open charges of ₹27.5 Cr and no satisfied charges on record as per latest MCA filings.
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.
