
Upvaas Food Services Private Limited
About Upvaas Food Services Private Limited
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Upvaas Food Services Private Limited is a private limited company based in Indore, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 06 January 2023.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U55209MP2023PTC064287. Its GSTIN is 23AADCU2588D1ZG (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors Ishani Maheshwari and Nidhi Wadhwani.
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 Shop No 39 G – 5 Shanti Star Sarvoday Nagar Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.9 Cr, a growth of 132% compared to the previous year. For the same year it recorded a net profit of ₹1.54 Lakh (net margin 0.8%) and EBITDA of ₹16.02 Lakh (EBITDA margin 8.4%).
As per MCA filings, the company has open charges of ₹78 Lakh on record.
Upvaas Food Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0094799). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Upvaas Food Services
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-MP-23-0094799
Contact details
Upvaas Food Services Private Limited's registered office is in Indore, Madhya Pradesh.
- Registered AddressShop No 39 G – 5 Shanti Star Sarvoday Nagar Indore, Madhya Pradesh, India – 452001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
- 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 Upvaas Food Services is accommodation and food service activities. In detail, this covers food and beverage service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food service activities | 56 | Food and beverage service activities |
To see the full business activity and turnover split of Upvaas Food Services Private Limited, buy the company report.
Financials of Upvaas Food Services Private Limited
FY 2025 filings availableUpvaas Food Services Private Limited reported revenue of ₹1.9 Cr (up 132% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 132% in the latest year. EBITDA rose 119% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | ₹16.02 Lakh | ||
| Profit Before Tax | |||
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| Net Profit (PAT) | ₹1.54 Lakh | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Profitability | |||
| EBITDA Margin | 8.4% | ||
| Net Profit Margin | 0.8% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Upvaas Food Services Private Limited, buy the company report.
Board of directors of Upvaas Food Services Private Limited
Upvaas Food Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ishani Maheshwari | Director | 06 Jan 2023 | 3 Years 10 Months | Current |
| Nidhi Wadhwani | Director | 06 Jan 2023 | 3 Years 10 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jul 2023 | 100754331 | Others | ₹78 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Upvaas Food Services 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 Upvaas Food Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Upvaas Food Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCU2588D1ZG | Madhya Pradesh | Active | 18 Jan 2023 |
To see the full GST registrations and return filing status of Upvaas Food Services Private Limited, buy the company report.
Recent activity
Upvaas Food Services Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Ishani Maheshwari was appointed as Director on 06 Jan 2023.
Frequently asked questions
Upvaas Food Services is an active private limited company based in Indore, Madhya Pradesh, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 06 January 2023 (3+ years old) and is registered under CIN U55209MP2023PTC064287.
Upvaas Food Services has 2 current directors:
- Ishani Maheshwari - Director
- Nidhi Wadhwani - Director
The latest financial statements of Upvaas Food Services 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 2023 are in the company report.
The GSTIN of Upvaas Food Services is 23AADCU2588D1ZG, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Upvaas Food Services is U55209MP2023PTC064287. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Upvaas Food Services was incorporated on 06 January 2023, making it 3+ years old. It is registered with the Registrar of Companies, Gwalior.
Ishani Maheshwari was appointed as Director on 06 Jan 2023. Nidhi Wadhwani was appointed as Director on 06 Jan 2023.
Yes, Upvaas Food Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Upvaas Food Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0094799).
The registered office of Upvaas Food Services is at Shop No 39 G – 5 Shanti Star Sarvoday Nagar Indore, Madhya Pradesh, India – 452001.

