Updater Services Limited - Company Profile

Q: Who are the current directors of Updater Services Limited?

The current directors of Updater Services Limited are Sunil Rewachand Chandiramani, Amitabh Jaipuria, Amit Choudhary, Raghunandana Tangirala, Jigyasa Sharma, Sandhya, Sangeeta Sumesh, Surinder Kumar.

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

Last Updated: March 06, 2026

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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 ₹286.75 Cr open charges and ₹197.40 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

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 as on 06-03-2026
Paid Up Capital ₹ 66.95 Cr as on 06-03-2026
Company Age 22 Year, 4 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 286.75 Cr as on 06-03-2026
Satisfied Charges ₹ 197.40 Cr as on 06-03-2026
Revenue Growth **** 23.29% (FY 2023)
Profit Growth **** -12.26% (FY 2023)
Ebitda **** 2.89% (FY 2023)
Net Worth 13.58% (FY 2023)
Total Assets **** 49.58% (FY 2023)

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	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%.

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

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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

********

23.29%

*******

Revenue from Operations

*******

22.22%

*******

Total Assets

*******

49.58%

*******

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)

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

₹2,867,500,000.00

Satisfied Charges

₹1,974,000,000.00

Charges Breakdown by Lending Institutions

Others : 120.00 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
01 Feb 2023	Hdfc Bank Limited	₹2.50 Cr	Open
19 Jun 2019	Standard Chartered Bank	₹30.00 Cr	Open
01 Feb 2018	Others	₹35.00 Cr	Open
26 May 2017	State Bank Of India	₹2.50 M	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

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Deals i

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

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.

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Latest Updates, News, and FAQs on Updater Services

Recent Activity within the Organization

Charges

Progress on A charge registered on 24 Aug 2023 via Charge ID 100779968 with Others was fully satisfied on 23 Feb 2026. was documented.
23 Feb 2026
Charges

Progress on A charge registered on 21 Jun 2022 via Charge ID 100596397 with Others was fully satisfied on 23 Feb 2026. was documented.
23 Feb 2026
Director Appointment

Surinder Kumar was appointed as a Cfo was appointed as a Cfo on 09 Dec 2025 & has been associated with this company since 3 months 18 days . was recorded as a recent event.
09 Dec 2025
Annual General Meeting

Updater Services Limited last Annual general meeting of members was held on 08 Aug 2025 as per latest MCA records. was recorded as a recent event.
08 Aug 2025
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.
27 Jun 2025
Charges

A charge registered on 15 Apr 2016 via Charge ID 100028000 with Citi Bank N.A. was fully satisfied on 02 Jun 2025. was recorded as a recent event.
02 Jun 2025

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