Meghalaya Industrial Development Corporation Profile
Key Indicators
- Authorised Capital ₹ 170.00 Cr
- Paid Up Capital ₹ 172.94 Cr
- Company Age 53 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -9.87%
- Profit Growth 37.55%
- Ebitda 12.63%
- Net Worth -0.70%
- Total Assets 8.61%
About Meghalaya Industrial Development Corporation
Meghalaya Industrial Development Corporation Limited (MIDCL) was founded in India on 06 April 1971 and has a glorious history of 53 years and ten months. Its registered office is in Khasi Hills, Meghalaya, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 170.00 Cr and a paid-up capital of Rs 172.94 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Meghalaya Industrial Development Corporation Limited India is Amit Goyal as COMPANY SECRETARY. Friday Sutnga, Delanee Nongmalieh, and Delis Suja serve as directors at the Company.
Company Details
- Location
Khasi Hills, Meghalaya, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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- Social Media -
Corporate Identity Details
- CIN/LLPIN
U75112ML1971SGC001337
- Company No.
001337
- Company Classification
Private Limited State Government Company
- Incorporation Date
06 Apr 1971
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Shillong
Industry
Who are the key members and board of directors at Meghalaya Industrial Development Corporation?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Delanee Nongmalieh  | Managing Director | 25-Apr-2023 | Current |
| Amit Goyal | Company Secretary | 23-Dec-2024 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Friday Sutnga | Nominee Director | 01-Dec-2022 | Current |
| Delis Suja | Nominee Director | 31-May-2023 | Current |
Financial Performance of Meghalaya Industrial Development Corporation.
Meghalaya Industrial Development Corporation Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 9.87% decrease. The company also saw a substantial improvement in profitability, with a 37.55% increase in profit. The company's net worth dipped by a decrease of 0.7%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Meghalaya Industrial Development Corporation?
In 2023, Meghalaya Industrial 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.
Related Corporates (Common Directorship)
Komorrah Limestone Mining Co LtdFriday Sutnga is a mutual person
- Meghalaya Electronics Development Corporation Ltd
Friday Sutnga is a mutual person
- Meghalayan Infratech Consultancy And Innovations Limited
Friday Sutnga and Delis Suja are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Meghalaya Industrial Development Corporation?
Meghalaya Industrial Development Corporation has a workforce of 102 employees as of Oct 24, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Meghalaya Industrial 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 Meghalaya Industrial Development Corporation'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.
