The Industrial Development Corporation Of Odisha Limited

Promotes and establishes industries in Odisha through various sectors and mining.

1962 | Khurda, Orissa (India) | Merged
Last Updated:

The Industrial Development Corporation Of Odisha Profile

Key Indicators

  • Authorised Capital ₹ 305.00 Cr
  • Paid Up Capital ₹ 107.12 Cr
  • Company Age 62 Year, 11 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 11.26 Cr
  • Revenue Growth 70.75%
  • Profit Growth -6025.50%
  • Ebitda 24.89%
  • Net Worth -29807.31%
  • Total Assets 26.31%

About The Industrial Development Corporation Of Odisha

The Industrial Development Corporation Of Odisha Limited (TIDCOOL) is Amalgamated company established on 29 Mar 1962 with its office registered at and has been running since 62 Year, 11 Months with a paid up capital of 107.12 Cr. According to MCA records, 9 Directors and 2 Signatories are linked to this company as of 18 Jan 2025.

Company Details

  • Location Khurda, Orissa
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45201OR1962SGC000433

  • Company No.

    000433

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    29 Mar 1962

  • Date of AGM

    28 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Manufacturing
Metals and Minerals

Who are the key members and board of directors at The Industrial Development Corporation Of Odisha?

Executive Team (3)

NameDesignationAppointment DateStatus
Balwant Singh Country flag representing In Managing Director16-Jun-2021Current
Bishnu Mahapatro Country flag representing In CFO20-Dec-2014Current
Shaijal Jain Country flag representing In Company Secretary14-Oct-2020Current

Board Members (8)

NameDesignationAppointment DateStatus
Narendra Nanda Country flag representing In Director 16-Dec-2022Current
Hemant Sharma Country flag representing In Nominee Director 16-Jul-2020Current
Deoranjan Singh Country flag representing In Director 02-Aug-2021Current
Siva Padhi Country flag representing In Director 16-Dec-2022Current
Smita Rout Country flag representing In Nominee Director 16-Jul-2020Current
Yudhisthir Nayak Country flag representing In Nominee Director 17-Jun-2022Current

Financial Performance of The Industrial Development Corporation Of Odisha.

The Industrial Development Corporation Of Odisha Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 70.75% increase. The company also saw a substantial fall in profitability, with a 6025.5% decrease in profit. The company's net worth observed a substantial decline by a decrease of 29807.31%.

The Industrial Development Corporation Of Odisha revenue growth over time
The Industrial Development Corporation Of Odisha 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
70.75%
Revenue from Operations
71.61%
Total Assets
26.31%
Profit or Loss
-6025.50%
Net Worth
-29807.31%
EBITDA
24.89%

What is the Ownership and Shareholding Structure of The Industrial Development Corporation Of Odisha?

In 2021, The Industrial Development Corporation Of Odisha had a promoter holding of 100.00%. The company had 3 Subsidiaries and 1 Associate company. 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

₹11.26 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 11.26 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jul 2005State Bank Of India₹11.26 CrSatisfied

How Many Employees Work at The Industrial Development Corporation Of Odisha?

Unlock and access historical data on people associated with The Industrial Development Corporation Of Odisha, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for The Industrial Development Corporation Of Odisha Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The Industrial Development Corporation Of Odisha, 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 The Industrial Development Corporation Of Odisha'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 The Industrial Development Corporation Of Odisha

Recent activity within the organization

  • Director Appointment

    Narendra Kumar Nanda was appointed as a Director was appointed as a Director on 16 Dec 2022 & has been associated with this company since 2 years 2 months .

  • Director Appointment

    Siva Prasada Padhi was appointed as a Director was appointed as a Director on 16 Dec 2022 & has been associated with this company since 2 years 2 months .

  • Director Appointment

    Rajesh Gopalan Nair was appointed as a Nominee Director was appointed as a Nominee Director on 14 Nov 2022 & has been associated with this company since 2 years 3 months .

  • Annual General Meeting

    The Industrial Development Corporation Of Odisha Limited last Annual general meeting of members was held on 28 Sep 2022 as per latest MCA records.

  • Director Appointment

    Yudhisthir Nayak was appointed as a Nominee Director was appointed as a Nominee Director on 17 Jun 2022 & has been associated with this company since 2 years 8 months .

  • Balance Sheet

    The Industrial Development Corporation Of Odisha Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Cuttack.

Frequently asked questions

  • What is the Incorporation or founding date of The Industrial Development Corporation Of Odisha Limited?

    The Industrial Development Corporation Of Odisha Limited was incorporated on 29 Mar 1962.

  • What is authorized share capital and paid-up capital of The Industrial Development Corporation Of Odisha Limited?

    The authorized share capital of The Industrial Development Corporation Of Odisha Limited is ₹ 305.00 Cr and paid-up capital is ₹ 107.12 Cr.

  • Who are the current board members & directors of The Industrial Development Corporation Of Odisha Limited?

    Currently 11 directors are associated with The Industrial Development Corporation Of Odisha Limited.

    • Hemant Sharma
    • Deoranjan Kumar Singh
    • Narendra Kumar Nanda
    • Siva Prasada Padhi
    • Balwant Singh
    • Smita Rout
    • Yudhisthir Nayak
    • Bishnu Prasanna Mahapatro
    • Shaijal Jain
    • Rajesh Gopalan Nair
    • Premjit Nayak

  • What is the registered address of The Industrial Development Corporation Of Odisha Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of The Industrial Development Corporation Of Odisha Limited is Idcol House Ashok Nagarbhubaneswar India, Khurda, Orissa.

  • What is the corporate identification number (CIN) and company number of The Industrial Development Corporation Of Odisha Limited?

    The corporate identification number (CIN) of The Industrial Development Corporation Of Odisha Limited is U45201OR1962SGC000433 and the company number is 000433 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of The Industrial Development Corporation Of Odisha Limited?

    The Official website of The Industrial Development Corporation Of Odisha Limited is https://www.idcorissa.com

  • What has been the recent revenue trend for The Industrial Development Corporation Of Odisha Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for The Industrial Development Corporation Of Odisha Limited has risen by 70.75%.

  • What change has been observed in the net worth of The Industrial Development Corporation Of Odisha Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of The Industrial Development Corporation Of Odisha Limited has experienced an downturn of -29807.31%.

  • When was the last Balance Sheet of The Industrial Development Corporation Of Odisha Limited filed with the ROC?

    The most recent Balance Sheet for The Industrial Development Corporation Of Odisha Limited was filed with the ROC on 31 Mar 2022.

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