Upgrad Education Profile
Key Indicators
- Authorised Capital ₹ 1,662.42 Cr
- Paid Up Capital ₹ 280.58 Cr
- Company Age 12 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 450.34 Cr
- Satisfied Charges ₹ 175.20 Cr
- Revenue Growth 22.32%
- Profit Growth -67.25%
- Ebitda 19.75%
- Net Worth 130.21%
- Total Assets 110.40%
About Upgrad Education
Upgrad Education Private Limited (UEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 December 2012 and has a history of 12 years and two months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Dharower Farms Private Limited. The Company is engaged in the Education Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1,662.42 Cr and a paid-up capital of Rs 280.58 Cr.
The company currently has active open charges totaling ₹450.34 Cr. The company has closed loans amounting to ₹175.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Upgrad Education Private Limited India are Venkatesh Tarakkad as CFO and Khushboo Shah as Company Secretary. Rohinton Screwvala, Chander Gurnani, Vishesh Shrivastav, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U80902MH2012PTC258559
- Company No.
258559
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Dec 2012
- Date of AGM
30 Nov 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Upgrad Education?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkatesh Tarakkad  | CFO | 28-Mar-2024 | Current |
| Khushboo Shah | Company Secretary | 07-Mar-2016 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mayank Kumar | Director | 13-Feb-2015 | Current |
| Rohinton Screwvala | Director | 13-Feb-2015 | Current |
| Chander Gurnani | Additional Director | 03-Jan-2024 | Current |
| Vishesh Shrivastav | Director | 07-Jul-2021 | Current |
| Inderbir Dhingra | Director | 13-Sep-2021 | Current |
Arnoud Meyer  | Director | 22-Nov-2021 | Current |
Financial Performance of Upgrad Education.
Upgrad Education Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.32% increase. The company also saw a substantial fall in profitability, with a 67.25% decrease in profit. The company's net worth Soared by an impressive increase of 130.21%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Upgrad Education?
In 2023, Upgrad Education had a promoter holding of 84.67% and a public holding of 15.34%. The company had 14 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Swades FoundationRohinton Screwvala is a mutual person
Mahindra Educational InstitutionsChander Gurnani is a mutual person
Temasek Holdings Advisors India Private LimitedVishesh Shrivastav is a mutual person
Unilazer Alternative Ventures LlpRohinton Screwvala is a mutual person
Mahindra Holidays & Resorts India LimitedChander Gurnani is a mutual person
Merabo Labs Private LimitedVenkatesh Tarakkad is a mutual person
Charges (Loans)
₹450.34 Cr
₹175.20 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 250.00 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 100.20 Cr
- Others : 100.00 Cr
- Hdfc Bank Limited : 0.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 May 2024 | Idbi Trusteeship Services Limited | ₹250.00 Cr | Open |
| 06 Oct 2023 | Hdfc Bank Limited | ₹1.43 M | Open |
| 28 Apr 2022 | The Hongkong And Shanghai Banking Corporation Limited | ₹100.20 Cr | Open |
| 05 Mar 2022 | Others | ₹100.00 Cr | Open |
| 18 Jan 2024 | The Hongkong And Shanghai Banking Corporation Limited | ₹100.20 Cr | Satisfied |
How Many Employees Work at Upgrad Education?
Upgrad Education has a workforce of 4762 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Upgrad Education, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Upgrad Education's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
