About Upwards Capital Private Limited
Data last updated: 09 December 2025
Upwards Capital Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Upwards Fintech Services Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in non-banking financial services (NBFC), a part of the broader financial services sector. Incorporated on 23 February 2018.
Registered with ROC Mumbai under CIN U65999MH2018PTC305512.
Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.15 Cr. It was led by directors Nimesh Kumar Verma and Abhishek Soni.
Last AGM: 30 June 2024. Financial statements filed for year ended 31 March 2024. Office: 501 – A Pinnacle Corporate Park Bkc Bandra (East) Vill Kole Kalyan Nr. Trade Centre, Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.36 Cr, a growth of 53% compared to the previous year.
The company had a reported workforce of approximately 74 employees prior to being dissolved. It operated as a subsidiary of Upwards Fintech Services Private Limited.
As per MCA filings, the company had open charges of ₹4.9 Cr and satisfied charges of ₹44 Cr on record.
The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is instantloanindia.com.
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Registered Address501 – A Pinnacle Corporate Park Bkc Bandra (East) Vill Kole Kalyan Nr. Trade Centre, Mumbai, Maharashtra, India – 400051
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IndustryFinancial Services, NBFC, Investment & Credit NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Business Activity of Upwards Capital Private Limited
Upwards Capital Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Upwards Capital Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Upwards Capital Private Limited
Upwards Capital Private Limited is audited by CMPD AND CO. for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CMPD AND CO. | Locked | Locked | Locked |
Complete auditor history for Upwards Capital Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Upwards Capital Private Limited
Upwards Capital Private Limited is currently managed by 2 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Nimesh Kumar Verma
Also directs:
Upwards Fintech Services Private Limited
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Director | 23 Feb 2018 | 8 Years 4 Months | As last reported |
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Abhishek Soni
Also directs:
Upwards Fintech Services Private Limited
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Director | 23 Feb 2018 | 8 Years 4 Months | As last reported |
Financials of Upwards Capital Private Limited FY 2024 filings available
Upwards Capital Private Limited reported revenue of ₹16.36 Cr (up 53.00% YoY) for FY 2024.
Ten-year financial statements for Upwards Capital Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Upwards Capital Private Limited
Shareholding and ownership data for Upwards Capital Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
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- FII and DII holdings
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Charges & Borrowings of Upwards Capital Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Nov 2023 | Others | ₹5 Cr | Satisfied |
| 31 Mar 2023 | Others | ₹1 Cr | Satisfied |
| 24 Aug 2022 | Others | ₹5 Cr | Satisfied |
| 30 Mar 2022 | Others | ₹3 Cr | Satisfied |
| 11 Mar 2022 | Others | ₹3 Cr | Satisfied |
Total charge records: 16 View all charges
Employees and EPFO Compliance at Upwards Capital Private Limited
Upwards Capital Private Limited has a workforce of 74 employees as of Apr 07, 2024.
Employee and EPFO history for Upwards Capital Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
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GST Compliance of Upwards Capital Private Limited
GST registrations and filing compliance for Upwards Capital Private Limited
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- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Upwards Capital Private Limited
Credit ratings, litigation, and regulatory alerts for Upwards Capital Private Limited
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- Rating history
- Court and tribunal cases
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MSME Payment Delays by Upwards Capital Private Limited
MSME payment history for Upwards Capital Private Limited
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- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Upwards Capital Private Limited
Corporate group structure for Upwards Capital Private Limited
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- Parent company
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MCA Filings & Documents of Upwards Capital Private Limited
MCA filings and documents for Upwards Capital Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
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Recent Activity on Upwards Capital Private Limited
Frequently Asked Questions about Upwards Capital Private Limited
Upwards Capital Private Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Upwards Capital Private Limited is a amalgamated private limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 23 February 2018 and is registered under CIN U65999MH2018PTC305512. The company was amalgamated as per MCA records and no longer exists as a legal entity.
Upwards Capital Private Limited was incorporated on 23 February 2018. Registered with ROC Mumbai.
The current directors of Upwards Capital Private Limited are:
- Nimesh Kumar Verma - Director
- Abhishek Soni - Director
The CIN (Corporate Identification Number) of Upwards Capital Private Limited is U65999MH2018PTC305512. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Upwards Capital Private Limited is financial services. The company specifically operates in nbfc.