Andhra Pradesh State Skill Development Corporation

Provides skill development programs for students, workforce, and general public.

2014 | Guntur, Andhra Pradesh (India) | Active
Last Updated: December 29, 2024

Andhra Pradesh State Skill Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.37 Cr
  • Company Age 10 Year, 3 Months
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth 3.84%
  • Profit Growth -12.83%
  • Ebitda 144.85%
  • Net Worth -29.19%
  • Total Assets -27.51%

About Andhra Pradesh State Skill Development Corporation

Andhra Pradesh State Skill Development Corporation (APSSDC) is a leading Private Not For Profit Company incorporated in India on 07 October 2014 and has a history of Ten years and three months. Its registered office is in Guntur, Andhra Pradesh, India.

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 2019. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 8.37 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ravi Verma, Nagarani Chadalawada, Avanish Kumar, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Guntur, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U80902AP2014NPL095427

  • Company No.

    095427

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    07 Oct 2014

  • Date of AGM

    01 Feb 2021

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Education

Who are the key members and board of directors at Andhra Pradesh State Skill Development Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Raja Palleti Country flag representing In Managing Director10-Apr-2024Current

Board Members (10)

NameDesignationAppointment DateStatus
Ravi Verma Country flag representing In Nominee Director 17-Mar-2023Current
Avanish Kumar Country flag representing In Nominee Director 31-Mar-2021Current
Nagarani Chadalawada Country flag representing In Nominee Director 12-Aug-2022Current
Suresh Nair Country flag representing In Nominee Director 17-Apr-2023Current
Mudragiri Sreenivasulu Country flag representing In Nominee Director 30-Jan-2023Current
Nagesh Kattamuru Country flag representing In Director 18-Nov-2020Current

Financial Performance of Andhra Pradesh State Skill Development Corporation.

Andhra Pradesh State Skill Development Corporation, for the financial year ended 2020, experienced modest growth in revenue, with a 3.84% increase. The company also saw a substantial fall in profitability, with a 12.83% decrease in profit. The company's net worth observed a substantial decline by a decrease of 29.19%.

Graph illustrating revenue growth over time
Graph showing 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
3.84%
Revenue from Operations
7.46%
Total Assets
-27.51%
Profit or Loss
-12.83%
Net Worth
-29.19%
EBITDA
144.85%

What is the Ownership and Shareholding Structure of Andhra Pradesh State Skill Development Corporation?

In 2020, Andhra Pradesh State Skill Development Corporation had a promoter holding of 58.58% and a public holding of 41.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Andhra Pradesh State Skill Development Corporation?

Andhra Pradesh State Skill Development Corporation has a workforce of 26 employees as of Oct 15, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Andhra Pradesh State Skill Development Corporation, 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 Andhra Pradesh State Skill Development Corporation'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 Andhra Pradesh State Skill Development Corporation

Recent activity within the organization

  • Director Appointment

    Raja Babu Palleti was appointed as a Managing Director was appointed as a Managing Director on 10 Apr 2024 & has been associated with this company since 9 months 22 days .

    10 Apr 2024

  • Director Appointment

    Suresh Kumar Surendran Nair was appointed as a Nominee Director was appointed as a Nominee Director on 17 Apr 2023 & has been associated with this company since 1 year 9 months .

    17 Apr 2023

  • Director Appointment

    Ravi Shanker Verma was appointed as a Nominee Director was appointed as a Nominee Director on 17 Mar 2023 & has been associated with this company since 1 year 10 months .

    17 Mar 2023

  • Director Appointment

    Mudragiri Kumar Venkata Sreenivasulu was appointed as a Nominee Director was appointed as a Nominee Director on 30 Jan 2023 & has been associated with this company since 2 years 1 day .

    30 Jan 2023

  • Director Appointment

    Nagarani Chadalawada was appointed as a Nominee Director was appointed as a Nominee Director on 12 Aug 2022 & has been associated with this company since 2 years 5 months .

    12 Aug 2022

  • Annual General Meeting

    Andhra Pradesh State Skill Development Corporation last Annual general meeting of members was held on 01 Feb 2021 as per latest MCA records.

    01 Feb 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Andhra Pradesh State Skill Development Corporation was incorporated on 07 Oct 2014.

  • The authorized share capital of Andhra Pradesh State Skill Development Corporation is ₹ 10.00 Cr and paid-up capital is ₹ 8.37 Cr.

  • Currently 11 directors are associated with Andhra Pradesh State Skill Development Corporation.

    • Ravi Shanker Verma
    • Nagarani Chadalawada
    • Avanish Kumar
    • Suresh Kumar Surendran Nair
    • Mudragiri Kumar Venkata Sreenivasulu
    • Raja Babu Palleti
    • Nagesh Kattamuru
    • Lavanya Veni Boddu
    • Pola Bhaskar
    • Ramireddy Chandra Mowleeswar Reddy
    • Ajay Reddy Konduru
  • As per Ministry of Corporate Affairs (Mca), the registered address of Andhra Pradesh State Skill Development Corporation is D.No. 78/2 3Rd Floor Infosight Building, Pathuru Road India, Tadepalli, Andhra Pradesh, 522501.

  • The corporate identification number (CIN) of Andhra Pradesh State Skill Development Corporation is U80902AP2014NPL095427 and the company number is 095427 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Andhra Pradesh State Skill Development Corporation is https://www.apssdc.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Andhra Pradesh State Skill Development Corporation has risen by 3.84%.

  • As Per 2020 financial reports, 26 employees are currently employed by Andhra Pradesh State Skill Development Corporation.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Andhra Pradesh State Skill Development Corporation has experienced an downturn of -29.19%.

  • The most recent Balance Sheet for Andhra Pradesh State Skill Development Corporation was filed with the ROC on 31 Mar 2019.

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