

Industrial Promotion And Investment Corporation Of Odisha Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 83.14 Cr
- Company Age 51 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth 1921.34%
- Profit Growth 4366.41%
- Ebitda 39000.54%
- Net Worth 324.98%
- Total Assets 181.37%
About Industrial Promotion And Investment Corporation Of Odisha
Industrial Promotion And Investment Corporation Of Odisha Limited (IPAICOOL) was founded in India on 12 April 1973 and has a glorious history of 51 years and 11 months. Its registered office is in Khorda, Odisha, India.
The Corporate was formerly known as Industrial Promotion And Investment Corpn. Of Orissa Ltd. The Company is engaged in the Financial Services 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 100.00 Cr and a paid-up capital of Rs 83.14 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Industrial Promotion And Investment Corporation Of Odisha Limited India are Suravi Mohapatra as COMPANY SECRETARY and Santanu Panigrahi as Cfo. Debi Patra, Dronadeb Rath, Hemant Sharma, and Seven other members serve as directors at the Company.
Company Details
- Location
Khorda, Odisha, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65993OR1973SGC000585
- Company No.
000585
- Company Classification
Public Limited State Government Company
- Incorporation Date
12 Apr 1973
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Cuttack
Industry
Who are the key members and board of directors at Industrial Promotion And Investment Corporation Of Odisha?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Bhupendra Poonia ![]() | Managing Director | 01-Jul-2021 | Current |
Suravi Mohapatra | Company Secretary | 21-Jan-2012 | Current |
Santanu Panigrahi | CFO | 25-Mar-2015 | Current |
Board Members (9)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Debi Patra ![]() | Nominee Director | 21-Sep-2013 | Current |
Dronadeb Rath ![]() | Nominee Director | 21-Sep-2013 | Current |
Hemant Sharma ![]() | Nominee Director | 30-Dec-2006 | Current |
Debaraj Biswal ![]() | Nominee Director | 27-Jun-2012 | Current |
Prasanna Parida ![]() | Nominee Director | 21-Sep-2013 | Current |
Smita Rout ![]() | Nominee Director | 15-Jul-2020 | Current |
Financial Performance of Industrial Promotion And Investment Corporation Of Odisha.
Industrial Promotion And Investment Corporation Of Odisha Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1921.34% increase. The company also saw a substantial improvement in profitability, with a 4366.41% increase in profit. The company's net worth Soared by an impressive increase of 324.98%.


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What is the Ownership and Shareholding Structure of Industrial Promotion And Investment Corporation Of Odisha?
In 2023, Industrial Promotion And Investment Corporation Of Odisha had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- World Skill Center
Hemant Sharma and Bhupendra Poonia are mutual person
- The Odisha Small Industries Corporation Limited
Hemant Sharma and Prasanthkumarreddy Devireddy are mutual person
- Odisha Tourism Development Corporation Limited
Nihar Dash is a mutual person
- Odisha State Seeds Corporation Limited
Nihar Dash is a mutual person
- Odisha State Beverages Corporation Limited
Prasanna Parida is a mutual person
- Odisha Construction Corporation Limited
Debaraj Biswal is a mutual person
Charges (Loans)

There are no open charges registered against the company as per our records.
How Many Employees Work at Industrial Promotion And Investment Corporation Of Odisha?
Unlock and access historical data on people associated with Industrial Promotion And Investment Corporation Of Odisha, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Industrial Promotion And Investment Corporation Of Odisha, 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 Industrial Promotion And Investment Corporation Of Odisha's trajectory.
Rating

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

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 Industrial Promotion And Investment Corporation Of Odisha
Recent activity within the organization
- Director Appointment
Prasanthkumarreddy Devireddy was appointed as a Nominee Director was appointed as a Nominee Director on 22 Aug 2024 & has been associated with this company since 7 months .
- Director Appointment
Nihar Ranjan Dash was appointed as a Nominee Director was appointed as a Nominee Director on 02 Aug 2024 & has been associated with this company since 7 months 20 days .
- Annual General Meeting
Industrial Promotion And Investment Corporation Of Odisha Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Industrial Promotion And Investment Corporation Of Odisha Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.
- Director Appointment
Smita Rout was appointed as a Nominee Director was appointed as a Nominee Director on 15 Jul 2020 & has been associated with this company since 4 years 8 months .
- Director Appointment
Debi Prasad Patra was appointed as a Nominee Director was appointed as a Nominee Director on 21 Sep 2013 & has been associated with this company since 11 years 6 months .
Frequently asked questions
What is the Incorporation or founding date of Industrial Promotion And Investment Corporation Of Odisha Limited?
Industrial Promotion And Investment Corporation Of Odisha Limited was incorporated on 12 Apr 1973.
What is authorized share capital and paid-up capital of Industrial Promotion And Investment Corporation Of Odisha Limited?
The authorized share capital of Industrial Promotion And Investment Corporation Of Odisha Limited is ₹ 100.00 Cr and paid-up capital is ₹ 83.14 Cr.
Who are the current board members & directors of Industrial Promotion And Investment Corporation Of Odisha Limited?
Currently 12 directors are associated with Industrial Promotion And Investment Corporation Of Odisha Limited.
- Debi Prasad Patra
- Dronadeb Rath
- Hemant Sharma
- Debaraj Biswal
- Bhupendra Singh Poonia
- Prasanna Kumar Parida
- Smita Rout
- Nihar Ranjan Dash
- Anuj Kumar Daspattanaik
- Prasanthkumarreddy Devireddy
- Suravi Mohapatra
- Santanu Kumar Panigrahi
What is the registered address of Industrial Promotion And Investment Corporation Of Odisha Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Industrial Promotion And Investment Corporation Of Odisha Limited is Ipicol House Janpath India, Bhubaneswar, Orissa, 751022.
What is the corporate identification number (CIN) and company number of Industrial Promotion And Investment Corporation Of Odisha Limited?
The corporate identification number (CIN) of Industrial Promotion And Investment Corporation Of Odisha Limited is U65993OR1973SGC000585 and the company number is 000585 as per Ministry of Corporate Affairs (MCA).
What is the official website of Industrial Promotion And Investment Corporation Of Odisha Limited?
The Official website of Industrial Promotion And Investment Corporation Of Odisha Limited is https://www.ipicolorissa.com
What has been the recent revenue trend for Industrial Promotion And Investment Corporation Of Odisha Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Industrial Promotion And Investment Corporation Of Odisha Limited has risen by 1921.34%.
What change has been observed in the net worth of Industrial Promotion And Investment Corporation Of Odisha Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Industrial Promotion And Investment Corporation Of Odisha Limited has experienced an upsurge of 324.98%.
When was the last Balance Sheet of Industrial Promotion And Investment Corporation Of Odisha Limited filed with the ROC?
The most recent Balance Sheet for Industrial Promotion And Investment Corporation Of Odisha Limited was filed with the ROC on 31 Mar 2023.
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