Tamilnadu Industrial Development Corporation Profile
Key Indicators
- Authorised Capital ₹ 1,250.00 Cr
- Paid Up Capital ₹ 172.03 Cr
- Company Age 60 Year,
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.15 Cr
- Satisfied Charges ₹ 227.00 Cr
- Revenue Growth 99.41%
- Profit Growth 113.08%
- Ebitda -6.27%
- Net Worth 45.80%
- Total Assets 40.04%
About Tamilnadu Industrial Development Corporation
Tamilnadu Industrial Development Corporation Limited (TIDCL) was founded in India on 21 May 1965 and has a glorious history of 60 years . Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Madras State Industrial Development Corporation Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 1,250.00 Cr and a paid-up capital of Rs 172.03 Cr.
The company currently has active open charges totaling ₹4.15 Cr. The company has closed loans amounting to ₹227.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Tamilnadu Industrial Development Corporation Limited India are Ravikumar Roopa as COMPANY SECRETARY and Sundaram Sivaprakash as Cfo. Nandini Rangaswamy, Maniedath Nambiar, Arun Vijayakrishnan, and Eight other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65993TN1965SGC005327
- Company No.
005327
- Company Classification
Public Limited State Government Company
- Incorporation Date
21 May 1965
- Date of AGM
27 Nov 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Financial Services
Tamilnadu Industrial Development Corporation Limited
Explore comprehensive data for Tamilnadu Industrial Development Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Tamilnadu Industrial Development Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ravikumar Roopa | Company Secretary | 19-Mar-2024 | Current |
Sandeep Nanduri  | Managing Director | 14-Oct-2023 | Current |
| Sundaram Sivaprakash | CFO | 18-Mar-2024 | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nandini Rangaswamy | Director | 16-Mar-2019 | Current |
| Maniedath Nambiar | Director | 16-Mar-2019 | Current |
| Arun Vijayakrishnan | Nominee Director | 27-Sep-2023 | Current |
| Ramasamy Selvaraj | Nominee Director | 10-Sep-2024 | Current |
| Udhayachandran Thangaraju | Nominee Director | 29-May-2023 | Current |
| Pooja Kulkarni | Nominee Director | 10-Sep-2024 | Current |
Financial Performance of Tamilnadu Industrial Development Corporation.
Tamilnadu Industrial Development Corporation Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 99.41% increase. The company also saw a substantial improvement in profitability, with a 113.08% increase in profit. The company's net worth Soared by an impressive increase of 45.8%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Tamilnadu Industrial Development Corporation?
In 2022, Tamilnadu Industrial Development Corporation had a promoter holding of 100.00%. The company had 4 Subsidiaries, 8 Joint Ventures and 15 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tneb LimitedMariam Baldev is a mutual person
Titan Company LimitedArun Vijayakrishnan, Sandeep Nanduri and 1 more are mutual person
Tidel Park Coimbatore LimitedSandeep Nanduri and Venugopalan Vishnu are mutual person
Tamilnadu Trade Promotion OrganisationArun Vijayakrishnan and Sandeep Nanduri are mutual person
Charges (Loans)
Open Charges
₹4.15 Cr
Satisfied Charges
₹227.00 Cr
Charges Breakdown by Lending Institutions
- Tamil Nadu Transport Development Finance Corporation Ltd. : 2.00 Cr
- State Bank Of India : 1.20 Cr
- Punjab National Bank : 0.75 Cr
- Housing Develpment Finance Corporation Ltd : 0.13 Cr
- United Commercial Bank : 0.05 Cr
- Others : 0.02 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jul 1988 | Indian Overseas Bank | ₹0.22 M | Open |
| 16 Aug 1983 | Housing Develpment Finance Corporation Ltd | ₹1.30 M | Open |
| 29 Jun 1983 | Tamil Nadu Transport Development Finance Corporation Ltd. | ₹2.00 Cr | Open |
| 14 Jun 1983 | State Bank Of India | ₹4.51 M | Open |
| 10 Aug 1972 | State Bank Of India | ₹7.50 M | Open |
How Many Employees Work at Tamilnadu Industrial Development Corporation?
Unlock and access historical data on people associated with Tamilnadu Industrial Development Corporation, 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 Tamilnadu Industrial 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 Industrial 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 Tamilnadu Industrial Development Corporation
Recent activity within the organization
- Director Appointment
Nanthakumar Karuppannan was appointed as a Nominee Director was appointed as a Nominee Director on 29 Nov 2024 & has been associated with this company since 5 months 22 days .
- Annual General Meeting
Tamilnadu Industrial Development Corporation Limited last Annual general meeting of members was held on 27 Nov 2024 as per latest MCA records.
- Director Appointment
Ramasamy Selvaraj was appointed as a Nominee Director was appointed as a Nominee Director on 10 Sep 2024 & has been associated with this company since 8 months 10 days .
- Director Appointment
Pooja Kulkarni was appointed as a Nominee Director was appointed as a Nominee Director on 10 Sep 2024 & has been associated with this company since 8 months 10 days .
- Balance Sheet
Tamilnadu Industrial Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Ravikumar Roopa was appointed as a Company Secretary was appointed as a Company Secretary on 19 Mar 2024 & has been associated with this company since 1 year 2 months .
Recent News, Updates & Announcement
- TIDCO nominates director to Titan’s board | Mint.
Atulya Misra will hold the office of director until Titan's next annual general meeting where his appointment will be brought up for shareholder approval.
Frequently asked questions
What is the Incorporation or founding date of Tamilnadu Industrial Development Corporation Limited?
Tamilnadu Industrial Development Corporation Limited was incorporated on 21 May 1965.
What is authorized share capital and paid-up capital of Tamilnadu Industrial Development Corporation Limited?
The authorized share capital of Tamilnadu Industrial Development Corporation Limited is ₹ 1,250.00 Cr and paid-up capital is ₹ 172.03 Cr.
Who are the current board members & directors of Tamilnadu Industrial Development Corporation Limited?
Currently 13 directors are associated with Tamilnadu Industrial Development Corporation Limited.
- Ravikumar Roopa
- Nandini Rangaswamy
- Maniedath Madhavan Nambiar
- Arun Roy Vijayakrishnan
- Ramasamy Selvaraj
- Udhayachandran Thangaraju
- Pooja Kulkarni
- Nanthakumar Karuppannan
- Sandeep Nanduri
- Krishnan Senthilraj
- Venugopalan Nair Vishnu
- Mariam Pallavi Baldev
- Sundaram Sivaprakash
What is the registered address of Tamilnadu Industrial Development Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Tamilnadu Industrial Development Corporation Limited is 19 A Rukmini Lakshmi Pathy Road Egmore India, Chennai 8, Tamil Nadu, 600008.
What is the corporate identification number (CIN) and company number of Tamilnadu Industrial Development Corporation Limited?
The corporate identification number (CIN) of Tamilnadu Industrial Development Corporation Limited is U65993TN1965SGC005327 and the company number is 005327 as per Ministry of Corporate Affairs (MCA).
What is the official website of Tamilnadu Industrial Development Corporation Limited?
The Official website of Tamilnadu Industrial Development Corporation Limited is https://www.tidco.com
What has been the recent revenue trend for Tamilnadu Industrial Development Corporation Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Tamilnadu Industrial Development Corporation Limited has risen by 99.41%.
What change has been observed in the net worth of Tamilnadu Industrial Development Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Tamilnadu Industrial Development Corporation Limited has experienced an upsurge of 45.80%.
What are the total open charges for Tamilnadu Industrial Development Corporation Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Tamilnadu Industrial Development Corporation Limited amount to ₹ 4.15 Cr.
When was the last Balance Sheet of Tamilnadu Industrial Development Corporation Limited filed with the ROC?
The most recent Balance Sheet for Tamilnadu Industrial Development Corporation Limited was filed with the ROC on 31 Mar 2024.
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