New Tirupur Area Development Corporation Limited

Develops and implements water supply and sewerage project for Tirupur Municipality.

1995 | Erode, Tamil Nadu (India) | Active
Last Updated: December 16, 2024

New Tirupur Area Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 600.00 Cr
  • Paid Up Capital ₹ 600.00 Cr
  • Company Age 29 Year, 11 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 680.30 Cr
  • Revenue Growth -12.78%
  • Profit Growth -30.59%
  • Ebitda 12.00%
  • Net Worth 16.30%
  • Total Assets -3.68%

About New Tirupur Area Development Corporation

New Tirupur Area Development Corporation Limited (NTADCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 February 1995 and has a history of 29 years and 11 months. Its registered office is in Erode, Tamil Nadu, 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 2022. It's a company limited by shares with an authorized capital of Rs 600.00 Cr and a paid-up capital of Rs 600.00 Cr.

The company currently has active open charges totaling ₹680.30 Cr.

The Key Managerial Personnel (KMP) at New Tirupur Area Development Corporation Limited India are Neraniki Kumar as CFO and Saurabh Misra as Company Secretary. Faizalali Syed, Gagandeep Bedi, Jayashree Ramaswamy, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ntadcl.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U91990TZ1995PLC005869

  • Company No.

    005869

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Feb 1995

  • Date of AGM

    24 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Infrastructure and Utilities

Who are the key members and board of directors at New Tirupur Area Development Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Neraniki Kumar CFO29-Jan-2024Current
Saurabh Misra Company Secretary18-May-2023Current
Hanish Chhabra Country flag representing In Managing Director21-Aug-2024Current

Board Members (10)

NameDesignationAppointment DateStatus
Jayashree Ramaswamy Country flag representing In Additional Director 21-Aug-2024Current
Baiju Country flag representing In Director 19-Mar-2021Current
Faizalali Syed Country flag representing Us Nominee Director 26-Feb-2002Current
Gagandeep Bedi Country flag representing In Additional Director 21-Aug-2024Current
Krishnamurthy Bhoomalakshmi Country flag representing In Nominee Director 19-Mar-2021Current
Prashant Wadnere Country flag representing In Director 17-Dec-2021Current

Financial Performance of New Tirupur Area Development Corporation.

New Tirupur Area Development Corporation Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 12.78% decrease. The company also saw a substantial fall in profitability, with a 30.59% decrease in profit. The company's net worth Soared by an impressive increase of 16.3%.

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
-12.78%
Revenue from Operations
7.94%
Total Assets
-3.68%
Profit or Loss
-30.59%
Net Worth
16.30%
EBITDA
12.00%

What is the Ownership and Shareholding Structure of New Tirupur Area Development Corporation?

In 2022, New Tirupur Area Development Corporation had a promoter holding of 28.72% and a public holding of 71.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹680.30 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 680.30 Cr

Latest Charge Details

DateLenderAmountStatus
20 Feb 2003Idbi Bank Limited₹680.30 CrOpen

How Many Employees Work at New Tirupur Area Development Corporation?

New Tirupur Area Development Corporation has a workforce of 25 employees as of Apr 09, 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 New Tirupur Area 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 New Tirupur Area 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 New Tirupur Area Development Corporation

Recent activity within the organization

  • Director Appointment

    Gagandeep Singh Bedi was appointed as a Additional Director was appointed as a Additional Director on 21 Aug 2024 & has been associated with this company since 6 months 3 days .

    21 Aug 2024

  • Director Appointment

    Jayashree Ramaswamy was appointed as a Additional Director was appointed as a Additional Director on 21 Aug 2024 & has been associated with this company since 6 months 3 days .

    21 Aug 2024

  • Director Appointment

    Hanish Chhabra was appointed as a Managing Director was appointed as a Managing Director on 21 Aug 2024 & has been associated with this company since 6 months 3 days .

    21 Aug 2024

  • Director Appointment

    Neraniki Joise Raghavendra Vidyaranya Girish Kumar was appointed as a Cfo was appointed as a Cfo on 29 Jan 2024 & has been associated with this company since 1 year 24 days .

    29 Jan 2024

  • Director Appointment

    Archana Patnaik was appointed as a Nominee Director was appointed as a Nominee Director on 15 Nov 2023 & has been associated with this company since 1 year 3 months .

    15 Nov 2023

  • Annual General Meeting

    New Tirupur Area Development Corporation Limited last Annual general meeting of members was held on 24 Sep 2022 as per latest MCA records.

    24 Sep 2022

Frequently asked questions

  • New Tirupur Area Development Corporation Limited was incorporated on 24 Feb 1995.

  • The authorized share capital of New Tirupur Area Development Corporation Limited is ₹ 600.00 Cr and paid-up capital is ₹ 600.00 Cr.

  • Currently 13 directors are associated with New Tirupur Area Development Corporation Limited.

    • Faizalali Nazir Syed
    • Gagandeep Singh Bedi
    • Jayashree Ramaswamy
    • Krishnamurthy Bhoomalakshmi
    • Neraniki Joise Raghavendra Vidyaranya Girish Kumar
    • Saurabh Misra
    • Hanish Chhabra
    • Baiju
    • Prashant Mukund Wadnere
    • Archana Patnaik
    • Doss Karthikeyan
    • Lakshminarasimhan Krishnan
    • Arumugam Sakthivel
  • As per Ministry of Corporate Affairs (Mca), the registered address of New Tirupur Area Development Corporation Limited is Tea Building 66 Appachinagar Main Road Kongu Nagar Tiruppur India, Coimbatore, Tamil Nadu, 641607.

  • The corporate identification number (CIN) of New Tirupur Area Development Corporation Limited is U91990TZ1995PLC005869 and the company number is 005869 as per Ministry of Corporate Affairs (MCA).

  • The Official website of New Tirupur Area Development Corporation Limited is https://www.ntadcl.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for New Tirupur Area Development Corporation Limited has fallen by -12.78%.

  • As Per 2022 financial reports, 25 employees are currently employed by New Tirupur Area Development Corporation Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of New Tirupur Area Development Corporation Limited has experienced an upsurge of 16.30%.

  • As per the financial statements for fiscal Year 2022, The total open charges for New Tirupur Area Development Corporation Limited amount to ₹ 680.30 Cr.

  • The most recent Balance Sheet for New Tirupur Area Development Corporation Limited was filed with the ROC on 31 Mar 2022.

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