Goa State Infrastructure Development Corporation Limited

Founded in 2001 and headquartered in Goa, India.

2001 | Goa, Goa (India) | Active
Last Updated: January 04, 2025

Goa State Infrastructure Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.72 Cr
  • Company Age 24 Year, 1 Day
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 50.13 Cr
  • Revenue Growth -22.42%
  • Profit Growth -64.96%
  • Ebitda 1.31%
  • Net Worth 5.75%
  • Total Assets 1.39%

About Goa State Infrastructure Development Corporation

Goa State Infrastructure Development Corporation Limited (GSIDCL) is a leading Public Limited State Government Company incorporated in India on 20 February 2001 and has a history of 24 years. Its registered office is in Goa, Goa, India.

The Company is engaged in the Infrastructure And Utilities 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 5.00 Cr and a paid-up capital of Rs 3.72 Cr.

The company currently has active open charges totaling ₹50.13 Cr.

Nikhil Desai, Deepak Naik, Pramod Sawant, and Two other members serve as directors at the Company.

Company Details

  • Location

    Goa, Goa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gsidcltd.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U75112GA2001SGC002954

  • Company No.

    002954

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    20 Feb 2001

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Goa

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Goa State Infrastructure Development Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Harish Adconkar Country flag representing In Managing Director07-Jan-2021Current

Board Members (4)

NameDesignationAppointment DateStatus
Nikhil Desai Country flag representing In Director 03-Oct-2018Current
Deepak Naik Country flag representing In Nominee Director 05-Aug-2022Current
Pramod Sawant Country flag representing In Nominee Director 20-Apr-2022Current
Candavelou Vinayagam Country flag representing In Nominee Director 31-May-2022Current

Financial Performance of Goa State Infrastructure Development Corporation.

Goa State Infrastructure Development Corporation Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 22.42% decrease. The company also saw a substantial fall in profitability, with a 64.96% decrease in profit. The company's net worth moved up by a moderate rise of 5.75%.

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
-22.42%
Revenue from Operations
-22.30%
Total Assets
1.39%
Profit or Loss
-64.96%
Net Worth
5.75%
EBITDA
1.31%

What is the Ownership and Shareholding Structure of Goa State Infrastructure Development Corporation?

In 2019, Goa State Infrastructure Development Corporation 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

₹50.13 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 50.00 Cr
  • Citi Bank N.A. : 0.13 Cr

Latest Charge Details

DateLenderAmountStatus
11 Dec 2001Bank Of India₹50.00 CrOpen
08 Nov 2000Citi Bank N.A.₹1.32 MOpen

How Many Employees Work at Goa State Infrastructure Development Corporation?

Goa State Infrastructure Development Corporation has a workforce of 101 employees as of Apr 08, 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 Goa State Infrastructure 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 Goa State Infrastructure 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 Goa State Infrastructure Development Corporation

Recent activity within the organization

  • Annual General Meeting

    Goa State Infrastructure Development Corporation Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Balance Sheet

    Goa State Infrastructure Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Goa.

    31 Mar 2023

  • Director Appointment

    Deepak D Naik was appointed as a Nominee Director was appointed as a Nominee Director on 05 Aug 2022 & has been associated with this company since 2 years 6 months .

    05 Aug 2022

  • Director Appointment

    Candavelou Vinayagam was appointed as a Nominee Director was appointed as a Nominee Director on 31 May 2022 & has been associated with this company since 2 years 8 months .

    31 May 2022

  • Director Appointment

    Pramod Pandurang Sawant was appointed as a Nominee Director was appointed as a Nominee Director on 20 Apr 2022 & has been associated with this company since 2 years 10 months .

    20 Apr 2022

  • Director Appointment

    Harish Namdeo Adconkar was appointed as a Managing Director was appointed as a Managing Director on 07 Jan 2021 & has been associated with this company since 4 years 1 month .

    07 Jan 2021

Frequently asked questions

  • Goa State Infrastructure Development Corporation Limited was incorporated on 20 Feb 2001.

  • The authorized share capital of Goa State Infrastructure Development Corporation Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.72 Cr.

  • Currently 5 directors are associated with Goa State Infrastructure Development Corporation Limited.

    • Nikhil Umakant Desai
    • Deepak D Naik
    • Pramod Pandurang Sawant
    • Candavelou Vinayagam
    • Harish Namdeo Adconkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Goa State Infrastructure Development Corporation Limited is Edc House, First Floor Panaji India, Goa, 403001.

  • The corporate identification number (CIN) of Goa State Infrastructure Development Corporation Limited is U75112GA2001SGC002954 and the company number is 002954 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Goa State Infrastructure Development Corporation Limited is https://www.gsidcltd.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Goa State Infrastructure Development Corporation Limited has fallen by -22.42%.

  • As Per 2019 financial reports, 101 employees are currently employed by Goa State Infrastructure Development Corporation Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Goa State Infrastructure Development Corporation Limited has experienced an upsurge of 5.75%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Goa State Infrastructure Development Corporation Limited amount to ₹ 50.13 Cr.

  • The most recent Balance Sheet for Goa State Infrastructure Development Corporation Limited was filed with the ROC on 31 Mar 2023.

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