Upswing Financial Technologies Private Limited - Company overview

Registered with ROC Mumbai I on 3 September 2021, Upswing is an active private limited company that has been around for about 5 years.

2021-09-03 Mumbai, Maharashtra Active Unlisted
Connect MCP

Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹1–5 Cr
▲ 1304.8%
FY 2023
PROFIT / LOSS
Loss · ₹5–10 Cr
▼ -461.4%
FY 2023
EBITDA
Loss · ₹5–10 Cr
▼ -525.8%
FY 2023
NET WORTH
₹10–25 Cr
▼ -25.0%
FY 2023
TOTAL ASSETS
₹10–25 Cr
▼ -23.1%
FY 2023
EMPLOYEE COUNT
21–30
OPEN CHARGES
-
-
PAID-UP CAPITAL
1.91 Lakh
AUTHORISED CAPITAL
10.00 Lakh
COMPANY AGE
5 Years 1 Months
since 2021-09-03
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-10-30
ACTIVE GST
2
Updated: 2024-10-29 10:39:42
TOTAL MONEY RAISED
₹50–100 Cr
SATISFIED CHARGES
-
-

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Upswing covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
80/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (88), financial health (60), director (95) and company-foundation signals.
  • Operating for 5 years.
Compliance Score Low risk
88/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Moderate
60/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 2 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Upswing Company identity, industry, contact, and registration details from MCA and company records.

Registered with ROC Mumbai I on 3 September 2021, Upswing is an active private limited company that has been around for about 5 years. Its registered office is in Mumbai, Maharashtra.

Its filings describe the main line of business as computer programming, consultancy and related activities, which made up 100% of turnover.

It has two directors - Anupam Bagchi and Nihar Gupta - and both have been on the board since the day it was set up. One former director, Amul Vijaykumar Mutha, left in November 2021.

Paid-up capital stands at ₹1.91 lakh out of ₹10 lakh authorised. The last AGM on record was on 30 October 2025, for accounts made up to 31 March 2025. No charges (secured loans) are registered against it.

Internet ••••••••
  • Location 906, Riddhi Tower Garden, A K Vaidya Marg Off Film City Road, Nr Wageshwari Mandir, Mumbai, Maharashtra - 400097
  • Website upswing.one
LinkedIn
Legal NameUpswing Financial Technologies Private Limited
CIN / LLPINU72200MH2021PTC384071
Company No.384071
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2021-09-03
Date of AGM2025-10-30
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai I
PAN
LEI Number
Active Compliance-

Current Directors of Upswing (2) Current board members from MCA filings, including designation and appointment details.

A
Anupam Bagchi
Director | Since 2021-09-03 | DIN: 09305552
N
Nihar Gupta
Director | Since 2021-09-03 | DIN: 09305693

Financial Performance of Upswing Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹1–5 Cr ▲ 1304.8%
P&L Loss · ₹5–10 Cr ▼ -461.4%
EBITDA Loss · ₹5–10 Cr ▼ -525.8%
Net worth ₹10–25 Cr ▼ -25.0%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Information and communicationComputer programming, consultancy and related activities100

Financial Ratios of Upswing Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

2 years of ratios on record

Profitability, leverage and liquidity ratios require an active report plan.

Net profit margin Debt / Equity Current ratio ROE

Unlock exact ratio values and multi-year insights.

Verified entity values are shown only after access is granted.

Shareholding Pattern of Upswing Ownership and contribution detail from filings. Full breakdown unlocks with your report.

2 shareholder categories on record

Ownership mix and contribution history require an active report plan.

Ownership mix Category breakdown Year-wise pattern Promoter holding

Unlock full ownership and contribution details.

Verified entity values are shown only after access is granted.

Employees and EPFO Compliance at Upswing EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

Employee and EPFO history require an active report plan.

Verified entity values are shown only after access is granted.

GST Compliance of Upswing GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

GST registrations and filing compliance require an active report plan.

Verified entity values are shown only after access is granted.

MSME Payment Delays by Upswing MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

MSME payment history requires an active report plan.

Verified entity values are shown only after access is granted.

MCA Filings & Documents of Upswing Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

MCA filings and documents require an active report plan.

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Upswing Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Upswing?
MCA does not publish an "owner" field. Upswing is run by its directors, Anupam Bagchi and Nihar Gupta. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Upswing?
Upswing has two current directors: Anupam Bagchi (since September 2021) and Nihar Gupta (since September 2021).
What is CIN of Upswing?
The CIN of Upswing is U72200MH2021PTC384071. Reading it left to right: U means it is not listed, 72200 is the industry code it registered under, MH is Maharashtra, 2021 is the year it was registered, PTC is the company type and 384071 is its registration number.
When was Upswing incorporated?
Upswing was incorporated on 3 September 2021 with ROC Mumbai I. That makes it about 5 years old.
What is the registered address of Upswing?
The registered office on MCA records is 906, Riddhi Tower Garden, A K Vaidya Marg Off Film City Road, Nr Wageshwari Mandir, Mumbai, Maharashtra - 400097.
What is the current status of Upswing?
MCA shows Upswing as Active, and its last AGM on record was in October 2025.
What is the contact number or email for Upswing?
You can post to its registered office at 906, Riddhi Tower Garden, A K Vaidya Marg Off Film City Road, Nr Wageshwari Mandir, Mumbai, Maharashtra - 400097 and use its website, https://upswing.one.
What industry or business activity is Upswing associated with?
Its MCA filings list the main business as computer programming, consultancy and related activities (100% of turnover).
What is paid-up capital and authorised share capital of Upswing?
Paid-up capital is ₹1.91 lakh and authorised capital is ₹10 lakh, so about 19% of the authorised amount has been issued.
When did Upswing last file accounts and hold an AGM?
The last AGM on record was on 30 October 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Upswing?
MCA shows no charges registered against Upswing, so no assets are pledged for a registered secured loan.
Have any directors left Upswing?
Yes, one former director is on record. Amul Vijaykumar Mutha (November 2021) left.
What is the turnover or revenue of Upswing?
Based on filed financial statements, the revenue of Upswing for FY 2023 was in the ₹1–5 Cr range. That is up 1304.8% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Upswing?
For FY 2023, the net worth of Upswing was in the ₹10–25 Cr range.
How can I get the financial details of Upswing?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Upswing?
The website on record for Upswing is https://upswing.one.
Which company owns upswing.one?
upswing.one is the website listed for Upswing Financial Technologies Private Limited in its company records.
Upswing - is it listed or unlisted?
Upswing is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Upswing?
Upswing is registered with ROC Mumbai I.
What is the company classification of Upswing?
MCA classifies Upswing as: Private Limited Indian Non-Government Company.
Does Upswing have GST registrations on file?
Yes, 2 active GST registrations are linked to Upswing, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.