Sethusamudram Corporation Limited

Special Purpose Vehicle for dredging to create navigable channel between India and Sri Lanka.

2004 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: October 22, 2024

Sethusamudram Corporation Profile

Key Indicators

  • Authorised Capital ₹ 1,000.00 Cr
  • Paid Up Capital ₹ 745.00 Cr
  • Company Age 20 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -74.45%
  • Profit Growth -303.13%
  • Ebitda 22.90%
  • Net Worth -0.05%
  • Total Assets -0.04%

About Sethusamudram Corporation

Sethusamudram Corporation Limited (SCL) is a Public Limited Union Government Company incorporated in India on 06 December 2004 and has a history of 20 years and two months. Its registered office is in Kanchipuram, 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 2023. It's a company limited by shares with an authorized capital of Rs 1,000.00 Cr and a paid-up capital of Rs 745.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sunil Paliwal, Haranadh Polamraju, Jesudasan Cynthia, and Four other members serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sethusamudram.gov.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U75111TN2004GOI054824

  • Company No.

    054824

  • Company Classification

    Public Limited Union Government Company

  • Incorporation Date

    06 Dec 2004

  • Date of AGM

    29 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Sethusamudram Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Sunil Paliwal Country flag representing In Managing Director23-Oct-2019Current

Board Members (6)

NameDesignationAppointment DateStatus
Haranadh Polamraju Country flag representing In Nominee Director 13-Dec-2021Current
Jesudasan Cynthia Country flag representing In Nominee Director 30-Aug-2023Current
Durgesh Dubey Country flag representing In Nominee Director 30-Aug-2023Current
Susanta Purohit Country flag representing In Additional Director 20-Jul-2024Current
Gopinath Nayak Country flag representing In Nominee Director 17-Mar-2023Current
Pradeep Roy Country flag representing In Nominee Director 22-Jan-2024Current

Financial Performance of Sethusamudram Corporation.

Sethusamudram Corporation Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 74.45% decrease. The company also saw a substantial fall in profitability, with a 303.13% decrease in profit. The company's net worth dipped by a decrease of 0.05%.

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
-74.45%
Revenue from Operations
Total Assets
-0.04%
Profit or Loss
-303.13%
Net Worth
-0.05%
EBITDA
22.90%

What is the Ownership and Shareholding Structure of Sethusamudram Corporation?

In 2023, Sethusamudram 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.

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 Sethusamudram Corporation?

Unlock and access historical data on people associated with Sethusamudram Corporation, 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 Sethusamudram 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 Sethusamudram 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 Sethusamudram Corporation

Recent activity within the organization

  • Director Appointment

    Susanta Kumar Purohit was appointed as a Additional Director was appointed as a Additional Director on 20 Jul 2024 & has been associated with this company since 7 months 4 days .

    20 Jul 2024

  • Director Appointment

    Pradeep Kumar Roy was appointed as a Nominee Director was appointed as a Nominee Director on 22 Jan 2024 & has been associated with this company since 1 year 1 month .

    22 Jan 2024

  • Annual General Meeting

    Sethusamudram Corporation Limited last Annual general meeting of members was held on 29 Dec 2023 as per latest MCA records.

    29 Dec 2023

  • Director Appointment

    Jesudasan Peter Irene Cynthia was appointed as a Nominee Director was appointed as a Nominee Director on 30 Aug 2023 & has been associated with this company since 1 year 5 months .

    30 Aug 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Haranadh Lakshmi Polamraju was appointed as a Nominee Director was appointed as a Nominee Director on 13 Dec 2021 & has been associated with this company since 3 years 2 months .

    13 Dec 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Sethusamudram Corporation Limited was incorporated on 06 Dec 2004.

  • The authorized share capital of Sethusamudram Corporation Limited is ₹ 1,000.00 Cr and paid-up capital is ₹ 745.00 Cr.

  • Currently 7 directors are associated with Sethusamudram Corporation Limited.

    • Sunil Paliwal
    • Haranadh Lakshmi Polamraju
    • Jesudasan Peter Irene Cynthia
    • Durgesh Kumar Dubey
    • Susanta Kumar Purohit
    • Gopinath Nayak
    • Pradeep Kumar Roy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sethusamudram Corporation Limited is National Institute Of Portmanagement East Coast Road Uthandi India, Chennai, Tamil Nadu, 600119.

  • The corporate identification number (CIN) of Sethusamudram Corporation Limited is U75111TN2004GOI054824 and the company number is 054824 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sethusamudram Corporation Limited is https://www.sethusamudram.gov.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sethusamudram Corporation Limited has fallen by -74.45%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sethusamudram Corporation Limited has experienced an downturn of -0.05%.

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

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