Punjab State Industrial Development Corpn Limited

Government organization promoting industrial development and providing finance and venture capital services in India.

1966 | Chandigarh (India) | Active
Last Updated: December 03, 2024

Punjab State Industrial Development Corpn Profile

Key Indicators

  • Authorised Capital ₹ 80.00 Cr
  • Paid Up Capital ₹ 78.22 Cr
  • Company Age 59 Year, 21 Days
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth 32.53%
  • Profit Growth 24.30%
  • Ebitda 2464.03%
  • Net Worth 3.74%
  • Total Assets -6.24%

About Punjab State Industrial Development Corpn

Punjab State Industrial Development Corpn Limited (PSIDCL) was founded in India on 31 January 1966 and has a glorious history of 59 years . Its registered office is in Chandigarh, 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 2021. It's a company limited by shares with an authorized capital of Rs 80.00 Cr and a paid-up capital of Rs 78.22 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Punjab State Industrial Development Corpn Limited India is Puja Sharma as COMPANY SECRETARY. Jasvir Singh, Dp Kharbanda, Tejveer Singh, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    cosidici.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70109CH1966SGC002629

  • Company No.

    002629

  • Company Classification

    Private Limited State Government Company

  • Incorporation Date

    31 Jan 1966

  • Date of AGM

    29 Sep 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services

Who are the key members and board of directors at Punjab State Industrial Development Corpn?

Executive Team (2)

NameDesignationAppointment DateStatus
Parampal Sidhu Country flag representing In Managing Director24-Apr-2023Current
Puja Sharma Country flag representing In Company Secretary04-Jul-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Jasvir Singh Country flag representing In Nominee Director 15-Mar-2023Current
Dp Kharbanda Country flag representing In Nominee Director Current
Tejveer Singh Country flag representing In Nominee Director 17-Dec-2021Current
Baldeep Kaur Country flag representing In Nominee Director Current

Financial Performance of Punjab State Industrial Development Corpn.

Punjab State Industrial Development Corpn Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 32.53% increase. The company also saw a substantial improvement in profitability, with a 24.3% increase in profit. The company's net worth moved up by a moderate rise of 3.74%.

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
32.53%
Revenue from Operations
137.96%
Total Assets
-6.24%
Profit or Loss
24.30%
Net Worth
3.74%
EBITDA
2464.03%

What is the Ownership and Shareholding Structure of Punjab State Industrial Development Corpn?

In 2021, Punjab State Industrial Development Corpn had a promoter 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Punjab State Industrial Development Corpn?

Unlock and access historical data on people associated with Punjab State Industrial Development Corpn, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Punjab State Industrial Development Corpn, 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 Punjab State Industrial Development Corpn'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 Punjab State Industrial Development Corpn

Recent activity within the organization

  • Director Appointment

    Parampal Kaur Sidhu was appointed as a Managing Director was appointed as a Managing Director on 24 Apr 2023 & has been associated with this company since 1 year 9 months .

    24 Apr 2023

  • Director Appointment

    Jasvir Singh was appointed as a Nominee Director was appointed as a Nominee Director on 15 Mar 2023 & has been associated with this company since 1 year 11 months .

    15 Mar 2023

  • Director Appointment

    Tejveer Singh was appointed as a Nominee Director was appointed as a Nominee Director on 17 Dec 2021 & has been associated with this company since 3 years 2 months .

    17 Dec 2021

  • Annual General Meeting

    Punjab State Industrial Development Corpn Limited last Annual general meeting of members was held on 29 Sep 2021 as per latest MCA records.

    29 Sep 2021

  • Balance Sheet

    Punjab State Industrial Development Corpn Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chandigarh.

    31 Mar 2021

  • Company Incorporation

    Punjab State Industrial Development Corpn Limited was registered on 31 Jan 1966 with Roc Chandigarh & aged 59 years 21 days as per MCA records.

    31 Jan 1966

Frequently asked questions

  • Punjab State Industrial Development Corpn Limited was incorporated on 31 Jan 1966.

  • The authorized share capital of Punjab State Industrial Development Corpn Limited is ₹ 80.00 Cr and paid-up capital is ₹ 78.22 Cr.

  • Currently 6 directors are associated with Punjab State Industrial Development Corpn Limited.

    • Jasvir Singh
    • Dp Singh Kharbanda
    • Tejveer Singh
    • Parampal Kaur Sidhu
    • Baldeep Kaur
    • Puja Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Punjab State Industrial Development Corpn Limited is Udyog Bhawan 18Himalaya Marg Sector 17 India, Chandigarh, 160017.

  • The corporate identification number (CIN) of Punjab State Industrial Development Corpn Limited is U70109CH1966SGC002629 and the company number is 002629 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Punjab State Industrial Development Corpn Limited is https://www.cosidici.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Punjab State Industrial Development Corpn Limited has risen by 32.53%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Punjab State Industrial Development Corpn Limited has experienced an upsurge of 3.74%.

  • The most recent Balance Sheet for Punjab State Industrial Development Corpn Limited was filed with the ROC on 31 Mar 2021.

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