Updater Services Limited - Company Profile

It is a business services public limited company based in Chennai City Corporation, Tamil Nadu, India, established in 2003.
2003 Chennai City Corporation, Tamil Nadu, India Active
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About Updater Services Limited

Updater Services Limited, a active public limited company, was established on 13 November 2003 in Chennai City Corporation, Tamil Nadu, India. Engaging in facility management within the support service to organizations sector, it holds CIN: L74140TN2003PLC051955. Registered under ROC Roc Chennai. it is listed. It has an authorized capital of ₹77.10 Cr and a paid-up capital of ₹66.95 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹1,337.09 Cr and a net worth of ₹327.55 Cr. Employing 50,948 professional, Its leadership includes Sunil Rewachand Chandiramani (Director), Amitabh Jaipuria (Director), Amit Choudhary (Director). Past directors included Balaji Swaminathan, Satish Vasant Deshpande, Sunil Rewachand Chandiramani. It holds ₹336.75 Cr open charges and ₹147.40 Cr settled loans. Its latest AGM occurred on 08 August 2025, with the balance sheet filed on 31 March 2025. It is based at 1St Floor, No.42, Gandhi Mandapam Road, Kotturupuram, Chennai, Chennai City Corporation, Tamil Nadu, 600085.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L74140TN2003PLC051955

  • Registration Number

    051955

  • Incorporation Date

    13 November 2003

  • Authorized Capital

    ₹77.10 Cr

  • Paid-Up Capital

    ₹66.95 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Listed

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 77.10 Cr
  • Paid Up Capital ₹ 66.95 Cr
  • Company Age 22 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 336.75 Cr
  • Satisfied Charges ₹ 147.40 Cr
  • Revenue Growth **** 23.29%
  • Profit Growth **** -12.26%
  • Ebitda **** 2.89%
  • Net Worth 13.58%
  • Total Assets **** 49.58%
Company report

Updater Services Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Updater Services Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Updater Services Limited?
Current Directors
Name Designation Appointment Date Status
Sunil Rewachand Chandiramani Director 20 Jun 2017 Current
Amitabh Jaipuria Director 04 Mar 2023 Current
Amit Choudhary Director 25 Apr 2020 Current
Raghunandana Tangirala Managing Director 13 Nov 2003 Current
Jigyasa Sharma Whole-Time Director 02 Apr 2024 Current
Sangeeta Sumesh Director 13 Sep 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Cfo 30 Dec 2023 Past
Pramod Abcsdd Director 29 Jan 2008 Past
Pramod Abcsdd Additional Director 30 Dec 2017 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Cfo(Kmp) 10 Jan 2020 Past
Pramod Abcsdd Director 30 Jun 2007 Past

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Financial Performance of Updater Services.

Updater Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.29% increase. The company also saw a substantial fall in profitability, with a 12.26% decrease in profit. The company's net worth Soared by an impressive increase of 13.58%.

Updater Services revenue growth over time
Updater Services profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 23.29%
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*******
*******
Revenue from Operations
*******
 22.22%
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*******
Total Assets
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 49.58%
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*******
*******
Profit or Loss
*******
 -12.26%
*******
*******
*******
*******
Net Worth
*******
 13.58%
*******
*******
*******
*******
EBITDA
*******
 2.89%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Updater Services?

In 2023, Updater Services had a promoter holding of 81.20% and a public holding of 18.80%. The company had 12 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹3,367,500,000.00

Satisfied Charges

₹1,474,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 170.00 Cr
  • Hdfc Bank Limited : 101.50 Cr
  • Yes Bank Limited : 35.00 Cr
  • Standard Chartered Bank : 30.00 Cr
  • State Bank Of India : 0.25 Cr
Latest Charge Details
Date Lender Amount Status
27 Jun 2025 Yes Bank Limited ₹35.00 Cr Open
24 Aug 2023 Others ₹15.00 Cr Open
01 Feb 2023 Hdfc Bank Limited ₹2.50 Cr Open
21 Jun 2022 Others ₹35.00 Cr Open
19 Jun 2019 Standard Chartered Bank ₹30.00 Cr Open

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How Many Employees Work at Updater Services?

Updater Services has a workforce of 50948 employees as of Apr 01, 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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Updater Services, 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 Updater Services's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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.

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Latest Updates, News, and FAQs on Updater Services
Recent Activity within the Organization
  • Director Appointment

    Progress on Surinder Kumar was appointed as a Cfo was appointed as a Cfo on 09 Dec 2025 & has been associated with this company since 2 months 3 days . was documented.

  • Annual General Meeting

    Progress on Updater Services Limited last Annual general meeting of members was held on 08 Aug 2025 as per latest MCA records. was documented.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 35.00 Cr with Charge ID 101117805 was registered on 27 Jun 2025. was recorded as a recent event.

  • Charges

    The activity A charge registered on 15 Apr 2016 via Charge ID 100028000 with Citi Bank N.A. was fully satisfied on 02 Jun 2025. was completed.

  • Balance Sheet

    Updater Services Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was recorded as a recent event.

  • Charges

    A charge with Others of Rs. 35.00 Cr registered on 10 Sep 2015 with Charge ID 10594721 was modified on 17 Dec 2024. was recorded as a recent event.

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Recent News, Updates & Announcement

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Frequently Asked Questions
What is the CIN of Updater Services Limited?

The CIN of Updater Services Limited is L74140TN2003PLC051955.

Where is Updater Services Limited headquartered?

Updater Services Limited is headquartered at 1St Floor, No.42, Gandhi Mandapam Road, Kotturupuram, Chennai, Chennai City Corporation, Tamil Nadu, 600085.

When was Updater Services Limited incorporated?

Updater Services Limited was incorporated on 13 November 2003.

Who are the current directors of Updater Services Limited?

The current directors of Updater Services Limited are

What is the primary industry of Updater Services Limited?

The primary industry of Updater Services Limited is Support Service To Organizations.

Is Updater Services Limited a listed company?

Updater Services Limited is listed.

What is the capital structure of Updater Services Limited?

The authorized capital of Updater Services Limited is ₹77.10 Cr, and the paid-up capital is ₹66.95 Cr.

What is the compliance status of Updater Services Limited?

The compliance status of Updater Services Limited is Compliant.

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