Southern Energy Development Corporation Profile
Key Indicators
- Authorised Capital ₹ 7.25 Cr
- Paid Up Capital ₹ 4.60 M
- Company Age 39 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 16.00 Cr
- Satisfied Charges ₹ 18.13 Cr
- Revenue Growth 5.60%
- Profit Growth -164.10%
- Ebitda -163.46%
- Net Worth 18.93%
- Total Assets 19.16%
About Southern Energy Development Corporation
Southern Energy Development Corporation Limited (SEDCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 November 1985 and has a history of 39 years and five months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Southern Energy Development Corporation P Limited. The Company is engaged in the Energy And Power 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 7.25 Cr and a paid-up capital of Rs 4.60 M.
The company currently has active open charges totaling ₹16.00 Cr. The company has closed loans amounting to ₹18.13 Cr, as per Ministry of Corporate Affairs (MCA) records.
Krishnamurthi Raghunandan, Ravi Venugopal, Nandkumar Nair, and One other member serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U40100TN1985PLC012425
- Company No.
012425
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Nov 1985
- Date of AGM
13 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Energy and Power
Environment
Consumer Electronics & Durables
Southern Energy Development Corporation Limited
Explore comprehensive data for Southern Energy Development Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Southern Energy Development Corporation?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravi Venugopal  | Director | 18-Jul-2016 | Current |
| Krishnamurthi Raghunandan | Director | 07-May-2008 | Current |
| Nandkumar Nair | Director | 07-Jan-2020 | Current |
| Bhaskharan Kannun | Director | 09-May-2023 | Current |
Financial Performance of Southern Energy Development Corporation.
Southern Energy Development Corporation Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.6% increase. The company also saw a substantial fall in profitability, with a 164.1% decrease in profit. The company's net worth Soared by an impressive increase of 18.93%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Southern Energy Development Corporation?
In 2022, Southern Energy 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.
Charges (Loans)
Open Charges
₹16.00 Cr
Satisfied Charges
₹18.13 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 16.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2009 | Hdfc Bank Limited | ₹16.00 Cr | Open |
| 29 Oct 2015 | Hdfc Bank Limited | ₹4.00 Cr | Satisfied |
| 22 May 2013 | The Hongkong And Shanghai Banking Corporation Limited | ₹14.13 Cr | Satisfied |
How Many Employees Work at Southern Energy Development Corporation?
Southern Energy Development Corporation has a workforce of 15 employees as of Apr 05, 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 Southern Energy 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 Southern Energy 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.
Latest Updates, News, and FAQs on Southern Energy Development Corporation
Recent activity within the organization
- Annual General Meeting
Southern Energy Development Corporation Limited last Annual general meeting of members was held on 13 Sep 2024 as per latest MCA records.
- Balance Sheet
Southern Energy Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with Hdfc Bank Limited of Rs. 16.00 Cr registered on 30 Nov 2009 with Charge ID 10191416 was modified on 19 Oct 2023.
- Director Appointment
Bhaskharan Kannun was appointed as a Director was appointed as a Director on 09 May 2023 & has been associated with this company since 2 years 5 days .
- Director Appointment
Nandkumar Nair was appointed as a Director was appointed as a Director on 07 Jan 2020 & has been associated with this company since 5 years 4 months .
- Charges
A charge registered on 29 Oct 2015 via Charge ID 10602703 with Hdfc Bank Limited was fully satisfied on 21 Dec 2016.
Recent News, Updates & Announcement
- Murugappa Group's Montra Super Auto: The Award-Winning, Electric Three-Wheeler Taking the EV Market by Storm!.
Murugappa Group's EV brand drops Montra Super Auto, a lit three-wheeler that won the 2023 Red Dot Design Award for 'Innovative Last.' It's electric, it's sleek, and it's a winner. #EVgoals #RedDotChamp #MontraSuperAuto.
- Murugappa Group to Invest $791 Million in Semiconductor Industry, Seeks Approvals from MeiTY.
Murugappa Group wants to enter the semiconductor industry and plans to invest $791 million in the next 5 years. They are seeking approvals from MeiTY and will finance the project through subsidies, equity, and debt..
- Murugappa family agrees on terms of family arrangement with the family branch of late M V Murugappan.
The family members of the Murugappa family have agreed to settle disputes and differences in order to maintain overall harmony within the family . As part of the family arrangement, all legal proceedings between family members will be withdrawn, and no listed company in the Murugappa Group will be a party to the agreement. The family arrangement comes after Valli Arunachalam, a scion of the group, had moved the National Company Law Appellate Tribunal alleging oppression and seeking representation on the holding company, Ambadi Investments..
Frequently asked questions
What is the Incorporation or founding date of Southern Energy Development Corporation Limited?
Southern Energy Development Corporation Limited was incorporated on 29 Nov 1985.
What is authorized share capital and paid-up capital of Southern Energy Development Corporation Limited?
The authorized share capital of Southern Energy Development Corporation Limited is ₹ 7.25 Cr and paid-up capital is ₹ 4.60 M.
Who are the current board members & directors of Southern Energy Development Corporation Limited?
Currently 4 directors are associated with Southern Energy Development Corporation Limited.
- Krishnamurthi Raghunandan
- Ravi Venugopal
- Nandkumar Nair
- Bhaskharan Kannun
What is the registered address of Southern Energy Development Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Southern Energy Development Corporation Limited is Parry House 43 Moore Street India, Chennai, Tamil Nadu, 600001.
What is the corporate identification number (CIN) and company number of Southern Energy Development Corporation Limited?
The corporate identification number (CIN) of Southern Energy Development Corporation Limited is U40100TN1985PLC012425 and the company number is 012425 as per Ministry of Corporate Affairs (MCA).
What is the official website of Southern Energy Development Corporation Limited?
The Official website of Southern Energy Development Corporation Limited is https://www.sedco-energy.com
What has been the recent revenue trend for Southern Energy Development Corporation Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Southern Energy Development Corporation Limited has risen by 5.60%.
How many employees does Southern Energy Development Corporation Limited currently have?
As Per 2023 financial reports, 15 employees are currently employed by Southern Energy Development Corporation Limited.
What change has been observed in the net worth of Southern Energy Development Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Southern Energy Development Corporation Limited has experienced an upsurge of 18.93%.
What are the total open charges for Southern Energy Development Corporation Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Southern Energy Development Corporation Limited amount to ₹ 16.00 Cr.
When was the last Balance Sheet of Southern Energy Development Corporation Limited filed with the ROC?
The most recent Balance Sheet for Southern Energy Development Corporation Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Sumit BanerjeeDirector
Padala RamababuDirectorSK
Srinivasan KrishnaswamyDirectorNS
Natarajan SrinivasanDirectorNK
Nalin KhannaDirectorBK
Balasubramanian KrishnamurthyDirectorAA
Arjun AnanthDirectorRV
Ramesh VDirector
Similar Companies Based on Electronic Appliances Retail & Distribution
The West Bengal Power Development Corporation Limited 24 Parganas, West Bengal, India
Rajasthan Rajya Vidyut Utpadan Nigam Limited Jaipur, Rajasthan, India
Punjab State Power Corporation Limited Patiala, Punjab, India
Madhya Pradesh Power Generating Company Limited Jabalpur, Madhya Pradesh, India
Maharashtra State Power Generation Company Limited Mumbai, Maharashtra, India
National Aluminium Co Ltd Khorda, Odisha, India
Vedanta Limited Mumbai, Maharashtra, India
Torrent Power Limited Ahmedabad, Gujarat, India