Chandigarh Industrial And Tourism Development Corp Ltd

Company supports industrial, tourism, and general development in Chandigarh through various services.

1974 | Chandigarh (India) | Active
Last Updated: January 11, 2025

Chandigarh Industrial And Tourism Development Corp Profile

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 17.44 Cr
  • Company Age 50 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 75.00 Cr
  • Revenue Growth 61.92%
  • Profit Growth 446.08%
  • Ebitda 45.89%
  • Net Worth 8.67%
  • Total Assets 5.64%

About Chandigarh Industrial And Tourism Development Corp

Chandigarh Industrial And Tourism Development Corp Ltd (CIATDCL) is a leading Private Limited State Government Company incorporated in India on 28 March 1974 and has a history of 50 years and ten months. Its registered office is in Chandigarh, India.

The Corporate was formerly known as Chandigarh Small Industries Development Corporation Limited. The Company is engaged in the Metals And Minerals 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 18.00 Cr and a paid-up capital of Rs 17.44 Cr.

The company has closed loans amounting to ₹75.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Chandigarh Industrial And Tourism Development Corp Ltd India is Maninder Kanwar as COMPANY SECRETARY. Anurag Gupta, Garish Oberoi, Varinder Saluja, and Four other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U45202CH1974SGC003415

  • Company No.

    003415

  • Company Classification

    Private Limited State Government Company

  • Incorporation Date

    28 Mar 1974

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals
Travel and Hospitality
Real Estate and Construction
Transport and Logistics

Who are the key members and board of directors at Chandigarh Industrial And Tourism Development Corp?

Executive Team (2)

NameDesignationAppointment DateStatus
Hari Kallikkat Country flag representing In Managing Director18-Jun-2024Current
Maninder Kanwar Company Secretary24-Dec-2012Current

Board Members (6)

NameDesignationAppointment DateStatus
Garish Oberoi Country flag representing In Nominee Director 04-Oct-2022Current
Anurag Gupta Country flag representing In Director 07-Mar-2024Current
Varinder Saluja Country flag representing In Nominee Director 29-Jun-2024Current
Ajay Chagti Country flag representing In Nominee Director 19-Jun-2024Current
Vinay Singh Country flag representing In Nominee Director 18-Nov-2021Current
Hargunjit Kaur Country flag representing In Director 19-Jun-2024Current

Financial Performance of Chandigarh Industrial And Tourism Development Corp.

Chandigarh Industrial And Tourism Development Corp Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 61.92% increase. The company also saw a substantial improvement in profitability, with a 446.08% increase in profit. The company's net worth moved up by a moderate rise of 8.67%.

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
61.92%
Revenue from Operations
62.82%
Total Assets
5.64%
Profit or Loss
446.08%
Net Worth
8.67%
EBITDA
45.89%

What is the Ownership and Shareholding Structure of Chandigarh Industrial And Tourism Development Corp?

In 2023, Chandigarh Industrial And Tourism Development Corp 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

₹0

Satisfied Charges

₹75.00 Cr

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 25.00 Cr
  • Others : 20.00 Cr
  • Hdfc Bank Limited : 20.00 Cr
  • Indian Bank : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
23 Nov 2020Indian Bank₹10.00 CrSatisfied
12 Dec 2018Hdfc Bank Limited₹20.00 CrSatisfied
31 Mar 2017Others₹20.00 CrSatisfied
28 Mar 2003Punjab National Bank₹25.00 CrSatisfied

How Many Employees Work at Chandigarh Industrial And Tourism Development Corp?

Chandigarh Industrial And Tourism Development Corp has a workforce of 706 employees as of Apr 07, 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 Chandigarh Industrial And Tourism Development Corp, 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 Chandigarh Industrial And Tourism Development Corp'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 Chandigarh Industrial And Tourism Development Corp

Recent activity within the organization

  • Annual General Meeting

    Chandigarh Industrial And Tourism Development Corp Ltd last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Director Appointment

    Varinder Singh Saluja was appointed as a Nominee Director was appointed as a Nominee Director on 29 Jun 2024 & has been associated with this company since 7 months 3 days .

    29 Jun 2024

  • Director Appointment

    Ajay Chagti was appointed as a Nominee Director was appointed as a Nominee Director on 19 Jun 2024 & has been associated with this company since 7 months 13 days .

    19 Jun 2024

  • Director Appointment

    Hargunjit Kaur was appointed as a Director was appointed as a Director on 19 Jun 2024 & has been associated with this company since 7 months 13 days .

    19 Jun 2024

  • Director Appointment

    Hari Kallikkat was appointed as a Managing Director was appointed as a Managing Director on 18 Jun 2024 & has been associated with this company since 7 months 14 days .

    18 Jun 2024

  • Balance Sheet

    Chandigarh Industrial And Tourism Development Corp Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

Frequently asked questions

  • Chandigarh Industrial And Tourism Development Corp Ltd was incorporated on 28 Mar 1974.

  • The authorized share capital of Chandigarh Industrial And Tourism Development Corp Ltd is ₹ 18.00 Cr and paid-up capital is ₹ 17.44 Cr.

  • Currently 8 directors are associated with Chandigarh Industrial And Tourism Development Corp Ltd.

    • Anurag Gupta
    • Garish Oberoi
    • Varinder Singh Saluja
    • Ajay Chagti
    • Vinay Pratap Singh
    • Hargunjit Kaur
    • Hari Kallikkat
    • Maninder Kanwar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Chandigarh Industrial And Tourism Development Corp Ltd is Sco No 121 22Sector 17 B India, U T, Chandigarh, 160017.

  • The corporate identification number (CIN) of Chandigarh Industrial And Tourism Development Corp Ltd is U45202CH1974SGC003415 and the company number is 003415 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Chandigarh Industrial And Tourism Development Corp Ltd is https://www.citcochandigarh.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Chandigarh Industrial And Tourism Development Corp Ltd has risen by 61.92%.

  • As Per 2022 financial reports, 706 employees are currently employed by Chandigarh Industrial And Tourism Development Corp Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Chandigarh Industrial And Tourism Development Corp Ltd has experienced an upsurge of 8.67%.

  • The most recent Balance Sheet for Chandigarh Industrial And Tourism Development Corp Ltd was filed with the ROC on 31 Mar 2024.

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