Tamilnadu State Transport Corporation Salem Profile
Key Indicators
- Authorised Capital ₹ 750.00 Cr
- Paid Up Capital ₹ 629.21 Cr
- Company Age 52 Year, 7 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,731.11 Cr
- Satisfied Charges ₹ 115.71 Cr
- Revenue Growth 47.53%
- Profit Growth -7.62%
- Ebitda -9.74%
- Net Worth -13.44%
- Total Assets 4.78%
About Tamilnadu State Transport Corporation Salem
Tamilnadu State Transport Corporation Salem Limited (TSTCSL) was founded in India on 23 January 1973 and has a glorious history of 52 years . Its registered office is in Salem, Tamil Nadu, India.
The Company is engaged in the Transport And Logistics 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 750.00 Cr and a paid-up capital of Rs 629.21 Cr.
The company currently has active open charges totaling ₹1,731.11 Cr. The company has closed loans amounting to ₹115.71 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chakravarthin Balaji, Rajendran Lilly, Priya Venugopal, and Eight other members serve as directors at the Company.
Company Details
- Location
Salem, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U60210TZ1973SGC000656
- Company No.
000656
- Company Classification
Public Limited State Government Company
- Incorporation Date
23 Jan 1973
- Date of AGM
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Tamilnadu State Transport Corporation Salem?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Elangovan Kuppusamy  | Managing Director | 30-Aug-2024 | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chakravarthin Balaji | Director | 30-Aug-2024 | Current |
| Rajendran Lilly | Director | 29-Jul-2024 | Current |
| Priya Venugopal | Director | 13-Sep-2023 | Current |
| Ponmudi Ramasamy | Director | 14-Jun-2022 | Current |
| Susainayagam Josephdiaz | Director | 03-Nov-2021 | Current |
| Venkatesan Venkatarajan | Director | 29-Mar-2021 | Current |
Financial Performance of Tamilnadu State Transport Corporation Salem.
Tamilnadu State Transport Corporation Salem Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.53% increase. The company also saw a slight decrease in profitability, with a 7.62% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.44%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Tamilnadu State Transport Corporation Salem?
In 2023, Tamilnadu State Transport Corporation Salem had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tirunelveli Smart City LimitedChakravarthin Balaji is a mutual person
Tamilnadu Tourism Development Corporation LimitedRajendran Lilly is a mutual person
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Tamilnadu Textile Corporation LimitedChakravarthin Balaji is a mutual person
- Tamilnadu Industrial Explosives Limited
Chakravarthin Balaji is a mutual person
- Cbic Ponneri Industrial Township Limited
Chakravarthin Balaji is a mutual person
Charges (Loans)
₹1,731.11 Cr
₹115.71 Cr
Charges Breakdown by Lending Institutions
- Others : 1731.11 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jan 2011 | Others | ₹1,731.11 Cr | Open |
| 22 Jan 2018 | Canara Bank | ₹12.00 Cr | Satisfied |
| 03 Mar 2011 | Indian Overseas Bank | ₹19.00 Cr | Satisfied |
| 09 Aug 2010 | Uco Bank | ₹20.00 Cr | Satisfied |
| 24 Oct 2000 | Canara Bank | ₹2.50 Cr | Satisfied |
How Many Employees Work at Tamilnadu State Transport Corporation Salem?
Unlock and access historical data on people associated with Tamilnadu State Transport Corporation Salem, 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 State Transport Corporation Salem, 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 State Transport Corporation Salem'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.
