State Industries Promotion Corporation Of Tamilnadu Profile
Key Indicators
- Authorised Capital ₹ 150.00 Cr
- Paid Up Capital ₹ 114.18 Cr
- Company Age 53 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 498.00 Cr
- Satisfied Charges ₹ 35.22 Cr
- Revenue Growth 160.07%
- Profit Growth 63.32%
- Ebitda 311.63%
- Net Worth 27.91%
- Total Assets 30.83%
About State Industries Promotion Corporation Of Tamilnadu
State Industries Promotion Corporation Of Tamilnadu Limited (SIPCOTL) was founded in India on 25 March 1971 and has a glorious history of 53 years and ten months. Its registered office is in Chennai, 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 150.00 Cr and a paid-up capital of Rs 114.18 Cr.
The company currently has active open charges totaling ₹498.00 Cr. The company has closed loans amounting to ₹35.22 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at State Industries Promotion Corporation Of Tamilnadu Limited India are Shunmuga Revathy as CFO and Shanthi Mg as Company Secretary. Arun Vijayakrishnan, Sethurajan Kumararajan, Karthik Arumugam, and Twelve other members serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U74999TN1971SGC005967
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Company No.
005967
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Company Classification
Public Limited State Government Company
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Incorporation Date
25 Mar 1971
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Date of AGM
27 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at State Industries Promotion Corporation Of Tamilnadu?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Krishnan Senthilraj
|
Managing Director | 20-Oct-2023 | Current |
| Shunmuga Revathy | CFO | 29-Nov-2021 | Current |
| Shanthi Mg | Company Secretary | 10-Nov-2013 | Current |
Board Members (14)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Sethurajan Kumararajan
|
Director | 28-Mar-2019 | Current |
|
Jebamalar Abraham
|
Director | 30-May-2019 | Current |
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Arun Vijayakrishnan
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Director | 14-Sep-2023 | Current |
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Karthik Arumugam
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Director | 13-Aug-2024 | Current |
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Mungamuru Saikumar
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Director | 13-Aug-2024 | Current |
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Sandeep Nanduri
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Director | 09-Nov-2023 | Current |
Financial Performance of State Industries Promotion Corporation Of Tamilnadu.
State Industries Promotion Corporation Of Tamilnadu Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 160.07% increase. The company also saw a substantial improvement in profitability, with a 63.32% increase in profit. The company's net worth Soared by an impressive increase of 27.91%.
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What is the Ownership and Shareholding Structure of State Industries Promotion Corporation Of Tamilnadu?
In 2022, State Industries Promotion Corporation Of Tamilnadu had a promoter holding of 100.00%. The company had 2 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Tneb LimitedMariam Baldev is a mutual person
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Titan Company LimitedArun Vijayakrishnan, Sandeep Nanduri and 1 more are mutual person
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Tidel Park Coimbatore LimitedSandeep Nanduri and Venugopalan Vishnu are mutual person
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Tamil Nadu Power Distribution Corporation LimitedArun Vijayakrishnan is a mutual person
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Tamilnadu Transmission Corporation LimitedMariam Baldev and Kuppusamy Indirani are mutual person
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Tamilnadu Trade Promotion OrganisationArun Vijayakrishnan and Sandeep Nanduri are mutual person
Charges (Loans)
₹498.00 Cr
₹35.22 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 498.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jun 2023 | State Bank Of India | ₹498.00 Cr | Open |
| 25 Jan 2001 | Small Ind. Development Bank Of India | ₹35.00 Cr | Satisfied |
| 26 Nov 1981 | Housing Development Finance Copr. Ltd. | ₹2.24 M | Satisfied |
How Many Employees Work at State Industries Promotion Corporation Of Tamilnadu?
Unlock and access historical data on people associated with State Industries Promotion Corporation Of Tamilnadu, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of State Industries Promotion Corporation Of Tamilnadu, 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 State Industries Promotion Corporation Of Tamilnadu'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.
