U.P. Development Systems Corporation Limited.
About U.P. Development Systems Corporation Limited.
Data last updated:
U.P. Development Systems Corporation Limited. is a public limited company based in Lucknow, Uttar Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 15 March 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U51109UP1977PLC004392.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Neha Jain (Managing Director) and Aniruddha Pratap Singh.
Its last annual general meeting (AGM) was held on 27 August 2025, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Uptron Building Near Gomti Barradge Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010.
As per the financials filed for FY 2023, the company reported a revenue of ₹1,175.9 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹14.19 Cr (net margin 1.2%) and EBITDA of ₹20.06 Cr (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 38% over five years.
Court records list 20 cases involving the company, including 5 filed by the company and 15 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
U.P. Development Systems Corporation Limited.'s registered office is in Lucknow, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUptron Building Near Gomti Barradge Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of U.P. Development Systems Corporation Limited., buy the company report.
- 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 U.P. Development Systems Corporation Limited is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of U.P. Development Systems Corporation Limited., buy the company report.
Financials of U.P. Development Systems Corporation Limited.
FY 2023 filings availableU.P. Development Systems Corporation Limited. reported revenue of ₹1,175.9 Cr (down 24% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 38%. EBITDA rose 9% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹20.06 Cr | ||||
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| Net Profit (PAT) | ₹14.19 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of U.P. Development Systems Corporation Limited., buy the company report.
Board of directors of U.P. Development Systems Corporation Limited.
U.P. Development Systems Corporation Limited has 6 current directors and 33 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neha Jain Also directs: Shreetron India Limited, U.P.Electronics Corporation Limited, Uptron Powertronics Limited and 1 more | Managing Director | 04 Sep 2023 | 3 Years 1 Months | Current |
| Aniruddha Pratap Singh | Director | 21 Jan 2020 | 6 Years 9 Months | Current |
| Brij Bhushan | Director | 30 Aug 2022 | 4 Years 1 Months | Current |
| Rajeev Kumar Srivastava | Director | 25 Aug 2011 | 15 Years 2 Months | Current |
| Anil Kumar Sagar | Director | 27 Jul 2023 | 3 Years 2 Months | Current |
| Sunil Kumar Verma | Nominee Director | 22 Oct 2024 | 2 Years 0 Months | Current |
Auditor
U.P. Development Systems Corporation Limited. is audited by JAYARAMAN ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYARAMAN ASSOCIATES | FY 2017 | 002928C |
Shareholding
The shareholding of U.P. Development Systems Corporation Limited. is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of U.P. Development Systems Corporation Limited., buy the company report.
Legal cases
U.P. Development Systems Corporation Limited. has 20 court cases on record: 5 filed by U.P. Development Systems Corporation Limited, 15 filed against it. 2 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 12 | 1 |
| District courts | 6 | 2 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Court case (CMRA) | Filed against the company by M/S Wonder Point Creative Solutions Pvt. Ltd. Thru. Its Auth. Signatory Shri Mahendra Joshi | Pending |
| District court, Lucknow, Uttar Pradesh | Arbitration matter | Filed against the company by M/S SGS Infotech Pvt. Ltd. | Pending |
| Allahabad High Court | Writ petition | Filed against the company by Impulse Micro Electronics Pvt. Ltd. Thru. Dirctor Ravi Prakash Agarwal | Disposed |
| District court, Lucknow, Uttar Pradesh | Execution petition | Filed against the company by M/S SGS Infotech Pvt. Ltd. | Disposed |
| District court, Lucknow, Uttar Pradesh | Interim or miscellaneous application | Filed by the company against M/S HCL Infosystems Ltd. | Disposed |
To see the full case history of U.P. Development Systems Corporation Limited., buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for U.P. Development Systems Corporation Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for U.P. Development Systems Corporation Limited.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
U.P. Development Systems Corporation Limited. has 39 board changes on record since 2007: 6 appointments and 33 cessations. The latest: Sunil Kumar Verma was appointed as Nominee Director on 22 Oct 2024.
30 earlier events are in the company report.
Frequently asked questions
U.P. Development Systems Corporation Limited is an active public limited company based in Lucknow, Uttar Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 15 March 1977 (49+ years old) and is registered under CIN U51109UP1977PLC004392.
U.P. Development Systems Corporation Limited has 6 current directors:
- Neha Jain - Managing Director
- Aniruddha Pratap Singh - Director
- Brij Bhushan - Director
- Rajeev Kumar Srivastava - Director
- Anil Kumar Sagar - Director
- Sunil Kumar Verma - Nominee Director
The latest financial statements of U.P. Development Systems Corporation Limited on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 27 August 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of U.P. Development Systems Corporation Limited is U51109UP1977PLC004392. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
U.P. Development Systems Corporation Limited has 20 court cases on record: 5 filed by the company and 15 filed against it. 2 are pending. Most are in the high courts.
U.P. Development Systems Corporation Limited was incorporated on 15 March 1977, making it 49+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Sunil Kumar Verma was appointed as Nominee Director on 22 Oct 2024. Neha Jain was appointed as Managing Director on 04 Sep 2023. Vineet Kumar ceased to be Managing Director on 04 Sep 2023. U.P. Development Systems Corporation Limited has 39 board changes on record in total.
The registered office of U.P. Development Systems Corporation Limited is at Uptron Building Near Gomti Barradge Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010.
U.P. Development Systems Corporation Limited operates in the information technology industry, in the IT consulting and support services segment.
The compliance status of U.P. Development Systems Corporation Limited is compliant as of 21 August 2026. The company is actively filing with the Registrar of Companies.