Development Corpn. Of Vidharbha Limited

Founded in 1970 and headquartered in Maharashtra, India.

1970 | Nagpur, Maharashtra (India) | Active
Last Updated:

Development Corpn. Of Vidharbha Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 7.17 Cr
  • Company Age 54 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.34 Cr
  • Revenue Growth 18.05%
  • Profit Growth 100.96%
  • Ebitda 27.67%
  • Net Worth 0.03%
  • Total Assets 0.09%

About Development Corpn. Of Vidharbha

Development Corpn. Of Vidharbha Limited (DCOVL) was founded in India on 03 December 1970 and has a glorious history of 54 years and four months.Its registered office is in Nagpur, Maharashtra, India.

The Company is engaged in the Public Administration Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 8.00 Cr and a paid-up capital of Rs 7.17 Cr.

The company currently has active open charges totaling ₹2.34 Cr.

Gajendra Bharati, Shivkumar Muddamwar, and Hemant Badar serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1970SGC014895

  • Company No.

    014895

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    03 Dec 1970

  • Date of AGM

    21 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Public Administration
Company report

Development Corpn. Of Vidharbha Limited

Explore comprehensive data for Development Corpn. Of Vidharbha Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Development Corpn. Of Vidharbha?

Executive Team (1)

NameDesignationAppointment DateStatus
Gajendra Bharati Country flag representing In Managing Director17-Sep-2016Current

Board Members (2)

NameDesignationAppointment DateStatus
Shivkumar Muddamwar Country flag representing In Director 03-Nov-2018Current
Hemant Badar Country flag representing In Director 21-Mar-2024Current

Financial Performance of Development Corpn. Of Vidharbha.

Development Corpn. Of Vidharbha Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.05% increase. The company also saw a substantial improvement in profitability, with a 100.96% increase in profit. The company's net worth moved up by a moderate rise of 0.03%.

Development Corpn. Of Vidharbha revenue growth over time
Development Corpn. Of Vidharbha 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
18.05%
Revenue from Operations
Total Assets
0.09%
Profit or Loss
100.96%
Net Worth
0.03%
EBITDA
27.67%

What is the Ownership and Shareholding Structure of Development Corpn. Of Vidharbha?

In 2023, Development Corpn. Of Vidharbha had a public 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

₹2.34 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Janata Sahakari Bank Ltd. : 2.34 Cr

Latest Charge Details

DateLenderAmountStatus
30 Apr 2001Janata Sahakari Bank Ltd.₹2.80 MOpen
26 Feb 2001Janata Sahakari Bank Ltd.₹7.80 MOpen
26 Feb 2001Janata Sahakari Bank Ltd.₹7.80 MOpen
27 Sep 2000Janata Sahakari Bank Ltd.₹5.00 MOpen

How Many Employees Work at Development Corpn. Of Vidharbha?

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

Employee growth trends for Development Corpn. Of Vidharbha Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Development Corpn. Of Vidharbha, 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 Development Corpn. Of Vidharbha'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 Development Corpn. Of Vidharbha

Recent activity within the organization

  • Director Appointment

    Hemant Keshav Badar was appointed as a Director was appointed as a Director on 21 Mar 2024 & has been associated with this company since 1 year 22 days .

  • Annual General Meeting

    Development Corpn. Of Vidharbha Limited last Annual general meeting of members was held on 21 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Development Corpn. Of Vidharbha Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Shivkumar Muddamwar was appointed as a Director was appointed as a Director on 03 Nov 2018 & has been associated with this company since 6 years 5 months .

  • Director Appointment

    Gajendra Onkar Bharati was appointed as a Managing Director was appointed as a Managing Director on 17 Sep 2016 & has been associated with this company since 8 years 6 months .

  • Charges

    A charge with Janata Sahakari Bank Ltd. amounted to Rs. 0.28 Cr with Charge ID 90371776 was registered on 30 Apr 2001.

Frequently asked questions

  • What is the Incorporation or founding date of Development Corpn. Of Vidharbha Limited?

    Development Corpn. Of Vidharbha Limited was incorporated on 03 Dec 1970.

  • What is authorized share capital and paid-up capital of Development Corpn. Of Vidharbha Limited?

    The authorized share capital of Development Corpn. Of Vidharbha Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.17 Cr.

  • Who are the current board members & directors of Development Corpn. Of Vidharbha Limited?

    Currently 3 directors are associated with Development Corpn. Of Vidharbha Limited.

    • Gajendra Onkar Bharati
    • Shivkumar Muddamwar
    • Hemant Keshav Badar

  • What is the registered address of Development Corpn. Of Vidharbha Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Development Corpn. Of Vidharbha Limited is Shop No.52 Yashwant Stadium, Dhantoli, Nagpur, Maharashtra, India, 440012.

  • What is the corporate identification number (CIN) and company number of Development Corpn. Of Vidharbha Limited?

    The corporate identification number (CIN) of Development Corpn. Of Vidharbha Limited is U99999MH1970SGC014895 and the company number is 014895 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Development Corpn. Of Vidharbha Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Development Corpn. Of Vidharbha Limited has risen by 18.05%.

  • What change has been observed in the net worth of Development Corpn. Of Vidharbha Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Development Corpn. Of Vidharbha Limited has experienced an upsurge of 0.03%.

  • What are the total open charges for Development Corpn. Of Vidharbha Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Development Corpn. Of Vidharbha Limited amount to ₹ 2.34 Cr.

  • When was the last Balance Sheet of Development Corpn. Of Vidharbha Limited filed with the ROC?

    The most recent Balance Sheet for Development Corpn. Of Vidharbha Limited was filed with the ROC on 31 Mar 2023.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Extra Territorial Organizations