Upsurge Software Private Limited
About Upsurge Software Private Limited
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Upsurge Software Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 23 May 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2000PTC126708. Its GSTIN is 27AAACU5854F2Z7 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jitendra Rasiklal Shah and Hemal Jitendra Shah.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at A – 406 Vimal Co – Op Hsg Societynehru Road Vile Parle (E), Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2022, the company reported a revenue of ₹15.86 Lakh, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹12.06 Lakh (net margin -76.1%) and EBITDA of -₹7.2 Lakh (EBITDA margin -45.4%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressA – 406 Vimal Co – Op Hsg Societynehru Road Vile Parle (E), Mumbai, Maharashtra, India – 400057
- IndustryInformation Technology, Computer Programming, Consultancy
- 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
- One PDF report, delivered after checkout
Business Activity of Upsurge Software Private Limited
The main business activity of Upsurge Software is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Upsurge Software Private Limited FY 2022 filings available
Upsurge Software Private Limited reported revenue of ₹15.86 Lakh (down 77% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Upsurge Software Private Limited
Revenue fell 77% in the latest year. EBITDA fell 150% 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 of Upsurge Software Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | -₹7.2 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹12.06 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 of Upsurge Software Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -45.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -76.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Upsurge Software are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Upsurge Software Private Limited
Upsurge Software Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Six Sigma Soft Ware Private Limited | ₹15.87 Lakh (FY 2024) | •••• | •••• | -94.0% | •••• | New Delhi, Delhi, India |
| Newwave Business Solutions Private Limited | ₹15.86 Lakh (FY 2025) | •••• | •••• | -86.0% | •••• | Bangalore, Karnataka, India |
| Itebo Technology Private Limited | ₹15.86 Lakh (FY 2024) | •••• | •••• | •••• | Bhubaneswar, Orissa, India | |
| Hexadatum Technology Private Limited | ₹15.86 Lakh (FY 2023) | •••• | •••• | 2015.0% | •••• | Pune City, Maharashtra, India |
| Antlegs Technology Solutions Private Limited | ₹15.86 Lakh (FY 2022) | •••• | •••• | -66.0% | •••• | Thellakom Po, Kottayam, Kerala, India |
| Upsurge Software Private Limited this company | ₹15.86 Lakh (FY 2022) | •••• | •••• | -77.0% | •••• | Mumbai, Maharashtra, India |
| Webomania Solutions Private Limited | ₹15.85 Lakh (FY 2017) | •••• | •••• | 785.0% | •••• | Bhubaneswar, Orissa, India |
| Diligence Media Research Private Limited | ₹15.85 Lakh (FY 2024) | •••• | •••• | -18.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Ramdee Solutions Private Limited | ₹15.85 Lakh (FY 2024) | •••• | •••• | 446.0% | •••• | Mohali, Punjab, India |
| Rudra Utility Services Private Limited | ₹15.85 Lakh (FY 2019) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Adipiscing Infotech Private Limited | ₹15.85 Lakh (FY 2021) | •••• | •••• | 186.0% | •••• | Dehradun, Uttarakhand, India |
Peers are the five companies nearest above and the five nearest below Upsurge Software by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Upsurge Software Private Limited
Upsurge Software has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendra Rasiklal Shah | Director | 10 Dec 2001 | 24 Years 9 Months | Current |
| Hemal Jitendra Shah | Director | 24 Dec 2001 | 24 Years 9 Months | Current |
| Jignesh Rasiklal Shah | Director | 24 Dec 2001 | 24 Years 9 Months | Current |
Charges & Borrowings of Upsurge Software Private Limited
Upsurge Software Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Upsurge Software Private Limited
Employment history and EPFO contributions of people linked to Upsurge Software.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Upsurge Software Private Limited
Upsurge Software Private Limited has 3 board changes on record since 2001: 3 appointments. The latest: Hemal Jitendra Shah was appointed as Director on 24 Dec 2001.
Credit Ratings, Litigation & Regulatory Alerts for Upsurge Software Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Upsurge Software Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Upsurge Software Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Upsurge Software Private Limited
Upsurge Software has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACU5854F2Z7 | Maharashtra | Active | 31 Jan 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Upsurge Software Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Upsurge Software Private Limited
Upsurge Software is an active private limited company based in Mumbai, Maharashtra, India. The company works in computer programming, within the information technology industry. It was incorporated on 23 May 2000 (26+ years old) and is registered under CIN U72200MH2000PTC126708.
Upsurge Software reported revenue of ₹15.86 Lakh for FY 2022 (down 77% YoY).
Upsurge Software has 3 current directors:
- Jitendra Rasiklal Shah - Director
- Hemal Jitendra Shah - Director
- Jignesh Rasiklal Shah - Director
Upsurge Software reported a net loss of ₹12.06 Lakh (net margin -76.1%) and EBITDA of -₹7.2 Lakh (EBITDA margin -45.4%) for FY 2022, as per its filed financial statements.
The GSTIN of Upsurge Software is 27AAACU5854F2Z7, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Upsurge Software is U72200MH2000PTC126708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Upsurge Software was incorporated on 23 May 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Upsurge Software by revenue are Six Sigma Soft Ware Private Limited, Newwave Business Solutions Private Limited, Itebo Technology Private Limited, Hexadatum Technology Private Limited, Antlegs Technology Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Hemal Jitendra Shah was appointed as Director on 24 Dec 2001. Jignesh Rasiklal Shah was appointed as Director on 24 Dec 2001. Jitendra Rasiklal Shah was appointed as Director on 10 Dec 2001.
The registered office of Upsurge Software is at A – 406 Vimal Co – Op Hsg Societynehru Road Vile Parle E, Mumbai, Maharashtra, India – 400057.
Upsurge Software has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.