Tamilnadu Backward Classes Economic Development Corporation Limited.

Provides loans at lower interest rates to economically disadvantaged groups for economic upliftment.

1981 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Tamilnadu Backward Classes Economic Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 12.27 Cr
  • Company Age 43 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -0.70%
  • Profit Growth 1.38%
  • Ebitda -80.06%
  • Net Worth 7.00%
  • Total Assets 3.14%

About Tamilnadu Backward Classes Economic Development Corporation

Tamilnadu Backward Classes Economic Development Corporation Limited. (TBCEDCL) is a leading Public Limited State Government Company incorporated in India on 16 November 1981 and has a history of 43 years and three months. Its registered office is in Chennai, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 12.27 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Tamilnadu Backward Classes Economic Development Corporation Limited. India are Sankara Kumar as COMPANY SECRETARY and Muthuseela Latha as Cfo. Kaja Mohideen, Charles Kumar, Thirumalai Venkatesh, and Six other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bcmbcmw.tn.gov.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51901TN1981SGC009081

  • Company No.

    009081

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    16 Nov 1981

  • Date of AGM

    26 Feb 2024

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Tamilnadu Backward Classes Economic Development Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Thirumalai Venkatesh Country flag representing In Managing Director12-Jan-2024Current
Sankara Kumar Country flag representing In Company Secretary28-Sep-2022Current
Muthuseela Latha CFO28-Sep-2022Current

Board Members (8)

NameDesignationAppointment DateStatus
Kaja Mohideen Country flag representing In Director 27-Jan-2022Current
Charles Kumar Country flag representing In Director 11-Jul-2024Current
Subbaiyan Country flag representing In Director 29-May-2023Current
Prabhu Govindan Country flag representing In Director 28-Jun-2022Current
Lakshmana Perumal Country flag representing In Director Current
Rajnish Jenaw Country flag representing In Director 01-Apr-2021Current

Financial Performance of Tamilnadu Backward Classes Economic Development Corporation.

Tamilnadu Backward Classes Economic Development Corporation Limited., for the financial year ended 2023, experienced Minor drop in revenue, with a 0.7% decrease. The company also saw a slight improvement in profitability, with a 1.38% increase in profit. The company's net worth moved up by a moderate rise of 7%.

Tamilnadu Backward Classes Economic Development Corporation revenue growth over time
Tamilnadu Backward Classes Economic Development Corporation 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
-0.70%
Revenue from Operations
-10.11%
Total Assets
3.14%
Profit or Loss
1.38%
Net Worth
7.00%
EBITDA
-80.06%

What is the Ownership and Shareholding Structure of Tamilnadu Backward Classes Economic Development Corporation?

In 2023, Tamilnadu Backward Classes Economic 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.

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 Tamilnadu Backward Classes Economic Development Corporation?

Unlock and access historical data on people associated with Tamilnadu Backward Classes Economic Development Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Tamilnadu Backward Classes Economic Development Corporation Limited.

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tamilnadu Backward Classes Economic 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 Tamilnadu Backward Classes Economic Development 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 Tamilnadu Backward Classes Economic Development Corporation

Recent activity within the organization

  • Director Appointment

    Chandrasekaran Baskar was appointed as a Director was appointed as a Director on 13 Aug 2024 & has been associated with this company since 6 months 19 days .

  • Director Appointment

    Charles Vijayaraj Kumar was appointed as a Director was appointed as a Director on 11 Jul 2024 & has been associated with this company since 7 months 21 days .

  • Annual General Meeting

    Tamilnadu Backward Classes Economic Development Corporation Limited. last Annual general meeting of members was held on 26 Feb 2024 as per latest MCA records.

  • Director Appointment

    Thirumalai Narasimhan Venkatesh was appointed as a Managing Director was appointed as a Managing Director on 12 Jan 2024 & has been associated with this company since 1 year 1 month .

  • Director Appointment

    Subbaiyan was appointed as a Director was appointed as a Director on 29 May 2023 & has been associated with this company since 1 year 9 months .

  • Balance Sheet

    Tamilnadu Backward Classes Economic Development Corporation Limited. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

Frequently asked questions

  • What is the Incorporation or founding date of Tamilnadu Backward Classes Economic Development Corporation Limited.?

    Tamilnadu Backward Classes Economic Development Corporation Limited. was incorporated on 16 Nov 1981.

  • What is authorized share capital and paid-up capital of Tamilnadu Backward Classes Economic Development Corporation Limited.?

    The authorized share capital of Tamilnadu Backward Classes Economic Development Corporation Limited. is ₹ 30.00 Cr and paid-up capital is ₹ 12.27 Cr.

  • Who are the current board members & directors of Tamilnadu Backward Classes Economic Development Corporation Limited.?

    Currently 11 directors are associated with Tamilnadu Backward Classes Economic Development Corporation Limited..

    • Kaja Mohideen
    • Charles Vijayaraj Kumar
    • Thirumalai Narasimhan Venkatesh
    • Subbaiyan
    • Prabhu Govindan
    • Lakshmana Nirmalraj Perumal
    • Rajnish Kumar Jenaw
    • Arun Kumar Prem Kumar
    • Chandrasekaran Baskar
    • Sankara Ponnusamy Kumar
    • Muthuseela Sivasamy Latha

  • What is the registered address of Tamilnadu Backward Classes Economic Development Corporation Limited.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Tamilnadu Backward Classes Economic Development Corporation Limited. is Tabcedco Towers No.1/1(1), Mayor Ramanathan Salai (East) Egmore India, Chennai, Tamil Nadu, 600008.

  • What is the corporate identification number (CIN) and company number of Tamilnadu Backward Classes Economic Development Corporation Limited.?

    The corporate identification number (CIN) of Tamilnadu Backward Classes Economic Development Corporation Limited. is U51901TN1981SGC009081 and the company number is 009081 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Tamilnadu Backward Classes Economic Development Corporation Limited.?

    The Official website of Tamilnadu Backward Classes Economic Development Corporation Limited. is https://www.bcmbcmw.tn.gov.in

  • What has been the recent revenue trend for Tamilnadu Backward Classes Economic Development Corporation Limited.?

    According to the financial reports for the fiscal year 2023, the revenue trend for Tamilnadu Backward Classes Economic Development Corporation Limited. has fallen by -0.70%.

  • What change has been observed in the net worth of Tamilnadu Backward Classes Economic Development Corporation Limited., and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Tamilnadu Backward Classes Economic Development Corporation Limited. has experienced an upsurge of 7.00%.

  • When was the last Balance Sheet of Tamilnadu Backward Classes Economic Development Corporation Limited. filed with the ROC?

    The most recent Balance Sheet for Tamilnadu Backward Classes Economic Development Corporation Limited. was filed with the ROC on 31 Mar 2023.

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