Itcot Limited

Provides business, management, and project consulting services to various clients.

1979 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 27, 2025

Itcot Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.92 M
  • Company Age 45 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.50 Cr
  • Satisfied Charges ₹ 1.62 Cr
  • Revenue Growth 25.88%
  • Profit Growth 197.17%
  • Ebitda 181.28%
  • Net Worth 29.74%
  • Total Assets 23.99%

About Itcot

Itcot Limited (IL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 July 1979 and has a history of 45 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Industrial And Technical Consultancy Organisation Of Tamil Nadu Ltd. The Company is engaged in the Business Outsourcing 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 2.00 M and a paid-up capital of Rs 1.92 M.

The company currently has active open charges totaling ₹1.50 Cr. The company has closed loans amounting to ₹1.62 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hansraj Varma, Ramachandran Balachandran, Gangadharan Karthikeyan, and Six other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    itcot.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74210TN1979PLC007894

  • Company No.

    007894

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Jul 1979

  • Date of AGM

    19 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Outsourcing

Who are the key members and board of directors at Itcot?

Executive Team (1)

NameDesignationAppointment DateStatus
Ramaswamy Perumal Country flag representing In Managing Director04-Feb-2020Current

Board Members (8)

NameDesignationAppointment DateStatus
Gangadharan Karthikeyan Country flag representing In Director 27-Sep-2019Current
Hansraj Varma Country flag representing In Director 28-Dec-2011Current
Ramachandran Balachandran Country flag representing In Director 29-Sep-2020Current
Somasundaram Madhumathi Country flag representing In Nominee Director 26-Aug-2022Current
Meenakshisundaram Ramanathan Country flag representing In Director 22-Sep-2017Current
Krishnan Senthilraj Country flag representing In Nominee Director Current

Financial Performance of Itcot.

Itcot Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.88% increase. The company also saw a substantial improvement in profitability, with a 197.17% increase in profit. The company's net worth Soared by an impressive increase of 29.74%.

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
25.88%
Revenue from Operations
26.76%
Total Assets
23.99%
Profit or Loss
197.17%
Net Worth
29.74%
EBITDA
181.28%

What is the Ownership and Shareholding Structure of Itcot?

In 2023, Itcot 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

₹15.00 M

Satisfied Charges

₹16.15 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
12 Apr 2019Canara Bank₹1.50 CrOpen
25 Apr 2019Lakshmi Vilas Bank Limited₹1.62 CrSatisfied

How Many Employees Work at Itcot?

Itcot has a workforce of 58 employees as of Apr 05, 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 Itcot, 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 Itcot'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 Itcot

Recent activity within the organization

  • Annual General Meeting

    Itcot Limited last Annual general meeting of members was held on 19 Sep 2023 as per latest MCA records.

    19 Sep 2023

  • Balance Sheet

    Itcot Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Somasundaram Madhumathi was appointed as a Nominee Director was appointed as a Nominee Director on 26 Aug 2022 & has been associated with this company since 2 years 5 months .

    26 Aug 2022

  • Charges

    A charge registered on 25 Apr 2019 via Charge ID 100258486 with Lakshmi Vilas Bank Limited was fully satisfied on 05 Apr 2022.

    05 Apr 2022

  • Director Appointment

    Ramachandran Balachandran was appointed as a Director was appointed as a Director on 29 Sep 2020 & has been associated with this company since 4 years 4 months .

    29 Sep 2020

  • Charges

    A charge with Canara Bank of Rs. 15.00 M registered on 12 Apr 2019 with Charge ID 100259742 was modified on 25 Nov 2019.

    25 Nov 2019

Frequently asked questions

  • Itcot Limited was incorporated on 17 Jul 1979.

  • The authorized share capital of Itcot Limited is ₹ 2.00 M and paid-up capital is ₹ 1.92 M.

  • Currently 9 directors are associated with Itcot Limited.

    • Hansraj Varma
    • Ramachandran Balachandran
    • Gangadharan Karthikeyan
    • Ramaswamy Pannaikadu Perumal
    • Somasundaram Madhumathi
    • Meenakshisundaram Ramanathan
    • Krishnan Senthilraj
    • Manoj Kumar Parida
    • Arvind Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Itcot Limited is No 50A (Plot 5 6) Greams India, Greams Road Madras., Tamil Nadu, 600006.

  • The corporate identification number (CIN) of Itcot Limited is U74210TN1979PLC007894 and the company number is 007894 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Itcot Limited is https://www.itcot.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Itcot Limited has risen by 25.88%.

  • As Per 2023 financial reports, 58 employees are currently employed by Itcot Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Itcot Limited has experienced an upsurge of 29.74%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Itcot Limited amount to ₹ 1.50 Cr.

  • The most recent Balance Sheet for Itcot Limited was filed with the ROC on 31 Mar 2023.

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