Tamilnadu Industrial Development Corporation Profile
Key Indicators
- Authorised Capital ₹ 1,250.00 Cr
as on 24-06-2024
- Paid Up Capital ₹ 172.03 Cr
as on 24-06-2024
- Company Age 59 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.15 Cr
as on 24-06-2024
- Satisfied Charges ₹ 227.00 Cr
as on 24-06-2024
- Revenue 99.41%
(FY 2022)
- Profit 113.08%
(FY 2022)
- Ebitda -6.27%
(FY 2022)
- Net Worth 45.80%
(FY 2022)
- Total Assets 40.04%
(FY 2022)
About Tamilnadu Industrial Development Corporation
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 2023. 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, Rajesh Lakhani, and Eight other members serve as directors at the Company.
- CIN/LLPIN
U65993TN1965SGC005327
- Company No.
005327
- Company Classification
Public Limited State Government Company
- Incorporation Date
21 May 1965
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
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 | Current | |
| Sundaram Sivaprakash | CFO | 18-Mar-2024 | Current |
Board Members(10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pradeep Yadav | Nominee Director | 10-Aug-2022 | Current |
| Nandini Rangaswamy | Director | 16-Mar-2019 | Current |
| Maniedath Nambiar | Director | 16-Mar-2019 | Current |
| Rajesh Lakhani | Nominee Director | 19-Jul-2021 | Current |
| Arun Vijayakrishnan | Nominee Director | 26-Sep-2018 | Current |
| Udhayachandran Thangaraju | Nominee Director | 29-May-2023 | Current |
Financial Performance and Corporate Structure Insights 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)
Titan Company LimitedActive 40 years 4 monthsArun Vijayakrishnan, Sandeep Nanduri and 1 more are mutual person
Tidel Park Coimbatore LimitedActive 17 years 6 monthsSandeep Nanduri and Venugopalan Vishnu are mutual person
Tamil Nadu Power Distribution Corporation LimitedActive 15 years 19 daysRajesh Lakhani, Arun Vijayakrishnan and 1 more are mutual person
Tamilnadu Transmission Corporation LimitedActive 15 years 6 monthsRajesh Lakhani, Udhayachandran Thangaraju and 1 more are mutual person
Tamilnadu Trade Promotion OrganisationActive 24 years 1 monthArun Vijayakrishnan and Sandeep Nanduri are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Indian Overseas Bank Creation Date: 08 Jul 1988 | ₹0.22 M | Open |
Housing Develpment Finance Corporation Ltd Creation Date: 16 Aug 1983 | ₹1.30 M | Open |
Tamil Nadu Transport Development Finance Corporation Ltd. Creation Date: 29 Jun 1983 | ₹2.00 Cr | 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.
