

North Eastern Development Finance Corporation Profile
Key Indicators
- Authorised Capital ₹ 500.00 Cr
- Paid Up Capital ₹ 100.00 Cr
- Company Age 29 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 300.00 Cr
- Revenue Growth 15.28%
- Profit Growth 25.25%
- Ebitda 10.49%
- Net Worth 7.68%
- Total Assets 13.40%
About North Eastern Development Finance Corporation
North Eastern Development Finance Corporation Limited (NEDFCL) is a leading Public Limited Union Government Company incorporated in India on 09 August 1995 and has a history of 29 years and seven months. Its registered office is in Kamrup, Assam, 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 500.00 Cr and a paid-up capital of Rs 100.00 Cr.
The company currently has active open charges totaling ₹300.00 Cr.
The Key Managerial Personnel (KMP) at North Eastern Development Finance Corporation Limited India are Srijib Baruah as CFO and Veekash Agarwal as Company Secretary. Ugen Tashi, Ravi Kota, Venkata Poduri, and Seven other members serve as directors at the Company.
Company Details
- Location
Kamrup, Assam, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65923AS1995GOI004529
- Company No.
004529
- Company Classification
Public Limited Union Government Company
- Incorporation Date
09 Aug 1995
- Date of AGM
27 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 North Eastern Development Finance Corporation?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Venkata Poduri ![]() | Managing Director | 01-Jul-2021 | Current |
Srijib Baruah ![]() | CFO | 05-May-2015 | Current |
Veekash Agarwal | Company Secretary | 01-Dec-2015 | Current |
Board Members (9)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Ravi Kota ![]() | Director | 23-May-2024 | Current |
Anoop Kumar ![]() | Director | 20-Jan-2021 | Current |
Ugen Tashi ![]() | Director | 21-Jul-2022 | Current |
Kaushik Sinha ![]() | Director | 29-Apr-2023 | Current |
Nandita Hazarika ![]() | Director | 12-Oct-2023 | Current |
Bibekananda Acharya ![]() | Nominee Director | 11-Oct-2023 | Current |
Financial Performance of North Eastern Development Finance Corporation.
North Eastern Development Finance Corporation Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 15.28% increase. The company also saw a substantial improvement in profitability, with a 25.25% increase in profit. The company's net worth moved up by a moderate rise of 7.68%.


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What is the Ownership and Shareholding Structure of North Eastern Development Finance Corporation?
In 2024, North Eastern Development Finance Corporation had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Nedfi Venture Capital Limited
Venkata Poduri is a mutual person
- Numaligarh Refinery Ltd
Ravi Kota is a mutual person
- Nedfi Trustee Limited
Venkata Poduri is a mutual person
- Shillong Smart City Limited
Donald Wahlang is a mutual person
Charges (Loans)
₹300.00 Cr
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 200.00 Cr
- Sidbi : 100.00 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
08 Oct 2024 | State Bank Of India | ₹200.00 Cr | Open |
30 Mar 2023 | Sidbi | ₹100.00 Cr | Open |
How Many Employees Work at North Eastern Development Finance Corporation?
North Eastern Development Finance Corporation has a workforce of 156 employees as of Jan 04, 2025. 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 North Eastern Development Finance 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 North Eastern Development Finance 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.
Latest Updates, News, and FAQs on North Eastern Development Finance Corporation
Recent activity within the organization
- Charges
A charge with State Bank Of India amounted to Rs. 200.00 Cr with Charge ID 100986017 was registered on 08 Oct 2024.
- Annual General Meeting
North Eastern Development Finance Corporation Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Director Appointment
Sahadevan Asari Radhakrishnan was appointed as a Director was appointed as a Director on 26 Jul 2024 & has been associated with this company since 7 months 16 days .
- Director Appointment
Ravi Kota was appointed as a Director was appointed as a Director on 23 May 2024 & has been associated with this company since 9 months 19 days .
- Balance Sheet
North Eastern Development Finance Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Shillong.
- Director Appointment
Mohmmad Nazmuddin was appointed as a Director was appointed as a Director on 28 Mar 2024 & has been associated with this company since 11 months 14 days .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of North Eastern Development Finance Corporation Limited?
North Eastern Development Finance Corporation Limited was incorporated on 09 Aug 1995.
What is authorized share capital and paid-up capital of North Eastern Development Finance Corporation Limited?
The authorized share capital of North Eastern Development Finance Corporation Limited is ₹ 500.00 Cr and paid-up capital is ₹ 100.00 Cr.
Who are the current board members & directors of North Eastern Development Finance Corporation Limited?
Currently 12 directors are associated with North Eastern Development Finance Corporation Limited.
- Ugen Tashi
- Ravi Kota
- Venkata Suryalakshmi Narasimha Murthy Poduri
- Kaushik Sinha
- Anoop Kumar
- Nandita Hazarika
- Bibekananda Acharya
- Sahadevan Asari Radhakrishnan
- Srijib Kumar Baruah
- Veekash Kumar Agarwal
- Mohmmad Nazmuddin
- Donald Phillips Wahlang
What is the registered address of North Eastern Development Finance Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of North Eastern Development Finance Corporation Limited is Nedfi House G.S. Road, Dispur India, Guwahati, Assam, 781006.
What is the corporate identification number (CIN) and company number of North Eastern Development Finance Corporation Limited?
The corporate identification number (CIN) of North Eastern Development Finance Corporation Limited is U65923AS1995GOI004529 and the company number is 004529 as per Ministry of Corporate Affairs (MCA).
What is the official website of North Eastern Development Finance Corporation Limited?
The Official website of North Eastern Development Finance Corporation Limited is https://www.nedfi.com
What has been the recent revenue trend for North Eastern Development Finance Corporation Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for North Eastern Development Finance Corporation Limited has risen by 15.28%.
How many employees does North Eastern Development Finance Corporation Limited currently have?
As Per 2024 financial reports, 156 employees are currently employed by North Eastern Development Finance Corporation Limited.
What change has been observed in the net worth of North Eastern Development Finance Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of North Eastern Development Finance Corporation Limited has experienced an upsurge of 7.68%.
What are the total open charges for North Eastern Development Finance Corporation Limited?
As per the financial statements for fiscal Year 2024, The total open charges for North Eastern Development Finance Corporation Limited amount to ₹ 300.00 Cr.
When was the last Balance Sheet of North Eastern Development Finance Corporation Limited filed with the ROC?
The most recent Balance Sheet for North Eastern Development Finance Corporation Limited was filed with the ROC on 31 Mar 2024.
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