Update Marketings Private Limited

Company engages in trading of various products including pharmaceuticals, textiles, chemicals, and consumer goods.

1988 | Mumbai, Maharashtra (India) | Active
Last Updated:

Update Marketings Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.61 Cr
  • Company Age 37 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 38.32 Cr
  • Satisfied Charges ₹ 85.57 Cr
  • Revenue Growth 2306.73%
  • Profit Growth 108.18%
  • Ebitda 10.09%
  • Net Worth 1.00%
  • Total Assets -1.33%

About Update Marketings

Update Marketings Private Limited (UMPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 January 1988 and has a history of 37 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Pharma Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.61 Cr.

The company currently has active open charges totaling ₹38.32 Cr. The company has closed loans amounting to ₹85.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajesh Thakre and Shimbhudayal Sharma serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51900MH1988PTC045961

  • Company No.

    045961

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jan 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Pharma

Who are the key members and board of directors at Update Marketings?

Board Members (2)

NameDesignationAppointment DateStatus
Rajesh Thakre Country flag representing In Director 28-Sep-2019Current
Shimbhudayal Sharma Country flag representing In Director 22-Mar-2019Current

Financial Performance of Update Marketings.

Update Marketings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 2306.73% increase. The company also saw a substantial improvement in profitability, with a 108.18% increase in profit. The company's net worth moved up by a moderate rise of 1%.

Update Marketings revenue growth over time
Update Marketings profit and loss trends over time
  • 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
2306.73%
Revenue from Operations
Total Assets
-1.33%
Profit or Loss
108.18%
Net Worth
1.00%
EBITDA
10.09%

What is the Ownership and Shareholding Structure of Update Marketings?

In 2022, Update Marketings had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹38.32 Cr

Satisfied Charges

₹85.57 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 38.32 Cr

Latest Charge Details

DateLenderAmountStatus
19 Dec 2024Hdfc Bank Limited₹38.32 CrOpen
25 Feb 2019Others₹49.00 CrSatisfied
08 Oct 2015Others₹11.00 CrSatisfied
29 Jul 2015Bajaj Finance Limited₹12.57 CrSatisfied
12 Sep 2014Bajaj Finance Limited₹13.00 CrSatisfied

How Many Employees Work at Update Marketings?

Unlock and access historical data on people associated with Update Marketings, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Update Marketings Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Update Marketings, 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 Update Marketings'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.

Latest Updates, News, and FAQs on Update Marketings

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 38.32 Cr with Charge ID 101026531 was registered on 19 Dec 2024.

  • Annual General Meeting

    Update Marketings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 25 Feb 2019 via Charge ID 100251008 with Others was fully satisfied on 04 May 2024.

  • Balance Sheet

    Update Marketings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge registered on 29 Jul 2015 via Charge ID 10584500 with Bajaj Finance Limited was fully satisfied on 04 Sep 2020.

  • Director Appointment

    Rajesh Ramchandra Thakre was appointed as a Director was appointed as a Director on 28 Sep 2019 & has been associated with this company since 5 years 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Update Marketings Private Limited?

    Update Marketings Private Limited was incorporated on 21 Jan 1988.

  • What is authorized share capital and paid-up capital of Update Marketings Private Limited?

    The authorized share capital of Update Marketings Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.61 Cr.

  • Who are the current board members & directors of Update Marketings Private Limited?

    Currently 2 directors are associated with Update Marketings Private Limited.

    • Rajesh Ramchandra Thakre
    • Shimbhudayal Murarilal Sharma

  • What is the registered address of Update Marketings Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Update Marketings Private Limited is C/704 Pramukh Plaza Cardinal Gracious Road Chakala Andheri East, India, Mumbai, Maharashtra, 400069.

  • What is the corporate identification number (CIN) and company number of Update Marketings Private Limited?

    The corporate identification number (CIN) of Update Marketings Private Limited is U51900MH1988PTC045961 and the company number is 045961 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Update Marketings Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Update Marketings Private Limited has risen by 2306.73%.

  • What change has been observed in the net worth of Update Marketings Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Update Marketings Private Limited has experienced an upsurge of 1.00%.

  • What are the total open charges for Update Marketings Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Update Marketings Private Limited amount to ₹ 38.32 Cr.

  • When was the last Balance Sheet of Update Marketings Private Limited filed with the ROC?

    The most recent Balance Sheet for Update Marketings Private Limited was filed with the ROC on 31 Mar 2024.

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