Tamilnadu Urban Finance And Infrastructure Development Corporation Limited

Provides finance for infrastructure in Tamil Nadu, manages government schemes.

1990 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 09, 2025

Tamilnadu Urban Finance And Infrastructure Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 32.00 Cr
  • Company Age 34 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 2,788.51 Cr
  • Revenue Growth 10.79%
  • Profit Growth -57.29%
  • Ebitda -28.83%
  • Net Worth -0.63%
  • Total Assets 58.34%

About Tamilnadu Urban Finance And Infrastructure Development Corporation

Tamilnadu Urban Finance And Infrastructure Development Corporation Limited (TUFAIDCL) is a leading Public Limited State Government Company incorporated in India on 21 March 1990 and has a history of 34 years and 11 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 50.00 Cr and a paid-up capital of Rs 32.00 Cr.

The company has closed loans amounting to ₹2,788.51 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Tamilnadu Urban Finance And Infrastructure Development Corporation Limited India are Muthukumar Nageswari as CFO and Thanigaivel Archana as Company Secretary. Sankaran Vijayakumar, Doss Karthikeyan, Prashant Wadnere, and Six other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tufidco.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65191TN1990SGC018909

  • Company No.

    018909

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    21 Mar 1990

  • Date of AGM

    27 Dec 2023

  • 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 Urban Finance And Infrastructure Development Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Vivekanandan Country flag representing In Managing Director22-Jul-2024Current
Muthukumar Nageswari CFO01-Oct-2024Current
Thanigaivel Archana Company Secretary27-Sep-2021Current

Board Members (8)

NameDesignationAppointment DateStatus
Sankaran Vijayakumar Country flag representing In Nominee Director 19-Jun-2023Current
Doss Karthikeyan Country flag representing In Nominee Director 01-Jul-2023Current
Prashant Wadnere Country flag representing In Nominee Director 27-Jul-2021Current
Kakarla Usha Country flag representing In Nominee Director 28-Feb-2024Current
Anshul Mishra Country flag representing In Nominee Director 05-Jul-2021Current
Kiran Gurrala Country flag representing In Nominee Director 02-Dec-2022Current

Financial Performance of Tamilnadu Urban Finance And Infrastructure Development Corporation.

Tamilnadu Urban Finance And Infrastructure Development Corporation Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 10.79% increase. The company also saw a substantial fall in profitability, with a 57.29% decrease in profit. The company's net worth dipped by a decrease of 0.63%.

Graph illustrating revenue growth over time
Graph showing 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
10.79%
Revenue from Operations
7.87%
Total Assets
58.34%
Profit or Loss
-57.29%
Net Worth
-0.63%
EBITDA
-28.83%

What is the Ownership and Shareholding Structure of Tamilnadu Urban Finance And Infrastructure Development Corporation?

In 2022, Tamilnadu Urban Finance And Infrastructure 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)

Open Charges

₹0

Satisfied Charges

₹2,788.51 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 850.00 Cr
  • Indian Bank : 631.51 Cr
  • Union Bank Of India : 285.00 Cr
  • Others : 252.00 Cr
  • Oriental Bank Of Commerce : 150.00 Cr
  • Others : 620.00 Cr

Latest Charge Details

DateLenderAmountStatus
01 Nov 2022Others₹62.00 CrSatisfied
21 Sep 2021State Bank Of India₹500.00 CrSatisfied
05 Apr 2021Indian Bank₹500.00 CrSatisfied
28 Feb 2018Others₹50.00 CrSatisfied
16 Oct 2017Others₹40.00 CrSatisfied

How Many Employees Work at Tamilnadu Urban Finance And Infrastructure Development Corporation?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tamilnadu Urban Finance And Infrastructure 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 Urban Finance And Infrastructure 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 Urban Finance And Infrastructure Development Corporation

Recent activity within the organization

  • Director Appointment

    Muthukumar Nageswari was appointed as a Cfo was appointed as a Cfo on 01 Oct 2024 & has been associated with this company since 4 months 22 days .

    01 Oct 2024

  • Director Appointment

    Vivekanandan was appointed as a Managing Director was appointed as a Managing Director on 22 Jul 2024 & has been associated with this company since 7 months 1 day .

    22 Jul 2024

  • Director Appointment

    Kakarla Usha was appointed as a Nominee Director was appointed as a Nominee Director on 28 Feb 2024 & has been associated with this company since 11 months 24 days .

    28 Feb 2024

  • Annual General Meeting

    Tamilnadu Urban Finance And Infrastructure Development Corporation Limited last Annual general meeting of members was held on 27 Dec 2023 as per latest MCA records.

    27 Dec 2023

  • Director Appointment

    Thyagatur Gangadharaiah Vinay was appointed as a Nominee Director was appointed as a Nominee Director on 02 Oct 2023 & has been associated with this company since 1 year 4 months .

    02 Oct 2023

  • Charges

    A charge registered on 01 Nov 2022 via Charge ID 100630111 with Others was fully satisfied on 11 Jul 2023.

    11 Jul 2023

Frequently asked questions

  • Tamilnadu Urban Finance And Infrastructure Development Corporation Limited was incorporated on 21 Mar 1990.

  • The authorized share capital of Tamilnadu Urban Finance And Infrastructure Development Corporation Limited is ₹ 50.00 Cr and paid-up capital is ₹ 32.00 Cr.

  • Currently 11 directors are associated with Tamilnadu Urban Finance And Infrastructure Development Corporation Limited.

    • Sankaran Vijayakumar
    • Doss Karthikeyan
    • Prashant Mukund Wadnere
    • Kakarla Usha
    • Vivekanandan
    • Anshul Mishra
    • Kiran Gurrala
    • Subbiyan Sivarasu
    • Thyagatur Gangadharaiah Vinay
    • Muthukumar Nageswari
    • Thanigaivel Archana
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tamilnadu Urban Finance And Infrastructure Development Corporation Limited is No.490/1-2 Anna Salai, Nandanam India, Chennai, Tamil Nadu, 600035.

  • The corporate identification number (CIN) of Tamilnadu Urban Finance And Infrastructure Development Corporation Limited is U65191TN1990SGC018909 and the company number is 018909 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tamilnadu Urban Finance And Infrastructure Development Corporation Limited is https://www.tufidco.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Tamilnadu Urban Finance And Infrastructure Development Corporation Limited has risen by 10.79%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Tamilnadu Urban Finance And Infrastructure Development Corporation Limited has experienced an downturn of -0.63%.

  • The most recent Balance Sheet for Tamilnadu Urban Finance And Infrastructure Development Corporation Limited was filed with the ROC on 31 Mar 2023.

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