Tamilnadu Small Industries Development Corporation Profile
Key Indicators
- Authorised Capital ₹ 45.00 Cr
- Paid Up Capital ₹ 25.14 Cr
- Company Age 54 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 18.37 Cr
- Satisfied Charges ₹ 4.18 Cr
- Revenue Growth 21.06%
- Profit Growth -7.01%
- Ebitda 16.61%
- Net Worth 12.61%
- Total Assets 42.03%
About Tamilnadu Small Industries Development Corporation
Tamilnadu Small Industries Development Corporation Limited (TSIDCL) was founded in India on 23 March 1970 and has a glorious history of 54 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Metals And Minerals 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 45.00 Cr and a paid-up capital of Rs 25.14 Cr.
The company currently has active open charges totaling ₹18.37 Cr. The company has closed loans amounting to ₹4.18 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Tamilnadu Small Industries Development Corporation Limited India are Rangaraj Saravanan as CFO and Sudhaker Kumari as Company Secretary. Atul Anand, Karthik Arumugam, Mungamuru Saikumar, and Seven 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
U74999TN1970SGC005821
- Company No.
005821
- Company Classification
Public Limited State Government Company
- Incorporation Date
23 Mar 1970
- Date of AGM
29 Nov 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Tamilnadu Small Industries Development Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Karthik Arumugam  | Managing Director | 18-Jul-2024 | Current |
| Rangaraj Saravanan | CFO | 20-Dec-2023 | Current |
| Sudhaker Kumari | Company Secretary | 16-Jul-2024 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Atul Anand | Nominee Director | 25-Nov-2024 | Current |
| Mungamuru Saikumar | Nominee Director | 20-Aug-2024 | Current |
| Lakshmana Perumal | Nominee Director | 20-Oct-2023 | Current |
| Krishnan Senthilraj | Nominee Director | 17-Nov-2023 | Current |
| Nagarajan Srinivasan | Nominee Director | 21-Aug-2024 | Current |
| Karthik Dhandapani | Director | 30-Oct-2023 | Current |
Financial Performance of Tamilnadu Small Industries Development Corporation.
Tamilnadu Small Industries Development Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.06% increase. The company also saw a slight decrease in profitability, with a 7.01% decrease in profit. The company's net worth Soared by an impressive increase of 12.61%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Tamilnadu Small Industries Development Corporation?
In 2023, Tamilnadu Small Industries Development Corporation had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tamilnadu Small Industries Corporation LimitedLakshmana Perumal is a mutual person
Tamilnadu Polymer Industries Park LimitedKrishnan Senthilraj is a mutual person
Tamilnadu Minerals LimitedLakshmana Perumal is a mutual person
Tamilnadu Startup And Innovation MissionKarthik Arumugam and Lakshmana Perumal are mutual person
Charges (Loans)
₹18.37 Cr
₹4.18 Cr
Charges Breakdown by Lending Institutions
- Union Bank Of India : 15.00 Cr
- C-Sitaraman& Co. : 0.95 Cr
- Canara Bank : 0.76 Cr
- State Bank Of India : 0.47 Cr
- Andhra Bank : 0.45 Cr
- Others : 0.74 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 1995 | Union Bank Of India | ₹15.00 Cr | Open |
| 23 May 1987 | Indian Overeas Bank | ₹1.40 M | Open |
| 23 May 1987 | Indian Overseas Bank | ₹1.40 M | Open |
| 29 Oct 1985 | Canara Bank | ₹5.00 M | Open |
| 12 Sep 1984 | Andhra Bank | ₹2.61 M | Open |
How Many Employees Work at Tamilnadu Small Industries Development Corporation?
Tamilnadu Small Industries Development Corporation has a workforce of 221 employees as of Apr 08, 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 Tamilnadu Small Industries 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 Small Industries 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.
