About Upverse Solutions Private Limited
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Upverse Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the film production and entertainment segment of the entertainment sector. It was incorporated on 16 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2015PTC156905. Its GSTIN is 27AAFCT5111R1ZX (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹10,000. It was formerly known as Truconnect Solutions Private Limited. It is led by directors including Matthew Horton Johnson and Nathan Raymond Johnson.
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 Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.31 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹19.29 Lakh (net margin 1.1%) and EBITDA of ₹1.11 Cr (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 7% over five years.
The company has about 154 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: TruConnect.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website truconnect.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice No. 601 602 & 604 6th Floor Orville Business Port, Konark Campus Viman Nagar, Pune, Maharashtra, India – 411014
- IndustryEntertainment, Motion Picture, Sound Recording And Music Publishing, Video And Television Programme Production
- 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
Associated Brands with Upverse Solutions Private Limited
Upverse Solutions operates one associated brand: TruConnect. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mobile services are provided by TruConnect as a U.S.-based MVNO. | truconnect.com |
Business Activity of Upverse Solutions Private Limited
The main business activity of Upverse Solutions is information and communication. In detail, this covers motion picture, video and television programme production, sound recording and music publishing activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J3 | Motion picture, video and television programme production, sound recording and music publishing 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 Upverse Solutions Private Limited FY 2025 filings available
Upverse Solutions Private Limited reported revenue of ₹17.31 Cr (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Upverse Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 9% growth in the latest year. EBITDA fell 33% 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 Upverse Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.11 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.29 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 Upverse Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| 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 Upverse Solutions are in the company report.
Financial statements from FY 2016
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.
Board of Directors of Upverse Solutions Private Limited
Upverse Solutions has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Matthew Horton Johnson | Director | 01 Aug 2016 | 10 Years 2 Months | Current |
| Nathan Raymond Johnson | Director | 01 Aug 2016 | 10 Years 2 Months | Current |
| Arun Shankar Koli | Director | 21 Sep 2018 | 8 Years 1 Months | Current |
Peer Comparison of Upverse Solutions Private Limited
Upverse Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Motion picture, video and television programme production, sound recording and music publishing 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 |
|---|---|---|---|---|---|---|
| Offbeet Media and Communications Private Limited | ₹17.73 Cr (FY 2024) | •••• | •••• | 152.0% | •••• | Gurgaon, Haryana, India |
| Prudent Media (Goa) Private Limited | ₹17.49 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Panaji, Goa, India |
| Phonographic Digital Limited | ₹17.43 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Radiant Bizcom Private Limited | ₹17.39 Cr (FY 2018) | •••• | •••• | -80.0% | •••• | Mumbai, Maharashtra, India |
| Thredha Media & Entertainments Private Limited | ₹17.36 Cr (FY 2025) | •••• | •••• | 198.0% | •••• | Hyderabad, Telangana, India |
| Upverse Solutions Private Limited this company | ₹17.31 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Pune, Maharashtra, India |
| Banyan Infomedia Private Limited | ₹17.21 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | New Delhi, Delhi, India |
| Future Communications Limited | ₹17.11 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| Untold Studios Private Limited | ₹17 Cr (FY 2024) | •••• | •••• | 605.0% | •••• | Mumbai, Maharashtra, India |
| Kolkata Metro Networks Limited | ₹16.83 Cr (FY 2025) | •••• | •••• | 410.0% | •••• | Kolkata, West Bengal, India |
| Vashu Bhagnani Industries Limited Listed | ₹16.58 Cr (FY 2025) | •••• | •••• | -72.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Upverse Solutions by revenue in the same principal business activity (Motion picture, video and television programme production, sound recording and music publishing activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Upverse Solutions Private Limited
Upverse Solutions Private Limited is audited by SHRIPAD GODBOLE & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHRIPAD GODBOLE & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Upverse Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Upverse Solutions Private Limited
Upverse Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Upverse Solutions Private Limited
Upverse Solutions Private Limited has a workforce of 154 employees as of Apr 05, 2024.
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 Upverse Solutions Private Limited
Upverse Solutions Private Limited has 10 board changes on record since 2016: 3 appointments and 7 cessations. The latest: Arun Shankar Koli ceased to be Additional Director on 29 Sep 2018.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Upverse Solutions 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 Upverse Solutions 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 Upverse Solutions 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 Upverse Solutions Private Limited
Upverse Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCT5111R1ZX | Maharashtra | Active | 01 Jul 2017 |
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 Upverse Solutions 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.
Related news about Upverse Solutions Private Limited
Frequently Asked Questions about Upverse Solutions Private Limited
Upverse Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in motion picture, within the entertainment industry. It was incorporated on 16 October 2015 (11+ years old) and is registered under CIN U72900PN2015PTC156905.
Upverse Solutions reported revenue of ₹17.31 Cr for FY 2024 (up 9% YoY).
Upverse Solutions has 3 current directors:
- Matthew Horton Johnson - Director
- Nathan Raymond Johnson - Director
- Arun Shankar Koli - Director
Upverse Solutions reported a net profit of ₹19.29 Lakh (net margin 1.1%) and EBITDA of ₹1.11 Cr (EBITDA margin 6.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Upverse Solutions is 22% over three years and 7% over five years. In the latest year (FY 2024) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Upverse Solutions is 27AAFCT5111R1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Upverse Solutions is U72900PN2015PTC156905. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Upverse Solutions was incorporated on 16 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Upverse Solutions by revenue are Offbeet Media and Communications Private Limited, Prudent Media (Goa) Private Limited, Phonographic Digital Limited, Radiant Bizcom Private Limited, Thredha Media & Entertainments Private Limited and 5 more, all in the same principal business activity (Motion picture, video and television programme production, sound recording and music publishing activities).
Arun Shankar Koli ceased to be Additional Director on 29 Sep 2018. Mohit Pareek ceased to be Additional Director on 29 Sep 2018. Arun Shankar Koli was appointed as Director on 21 Sep 2018. Upverse Solutions has 10 board changes on record in total.
Upverse Solutions can be reached through the website truconnect.com. Its registered office is in Pune, Maharashtra, India.