West Bengal Industrial Development Corpn Ltd

Promotes investment in West Bengal through facilitation, financing, incentives, and industrial parks.

1967 | Kolkata, West Bengal (India) | Active
Last Updated: November 16, 2024

West Bengal Industrial Development Corpn Profile

Key Indicators

  • Authorised Capital ₹ 2,000.00 Cr
  • Paid Up Capital ₹ 435.93 Cr
  • Company Age 58 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 405.00 Cr
  • Revenue Growth 4.61%
  • Profit Growth 1215.10%
  • Ebitda -26.52%
  • Net Worth 8.24%
  • Total Assets 4.57%

About West Bengal Industrial Development Corpn

West Bengal Industrial Development Corpn Ltd (WBIDCL) was founded in India on 06 January 1967 and has a glorious history of 58 years and one month. Its registered office is in Kolkata, West Bengal, 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 2,000.00 Cr and a paid-up capital of Rs 435.93 Cr.

The company has closed loans amounting to ₹405.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at West Bengal Industrial Development Corpn Ltd India are Mira Halder as COMPANY SECRETARY and Prosanta Nandy as Cfo. Chandra Dhanuka, Sanjay Budhia, Umesh Chowdhary, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    wbidc.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U75142WB1967SGC026988

  • Company No.

    026988

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    06 Jan 1967

  • Date of AGM

    29 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at West Bengal Industrial Development Corpn?

Executive Team (3)

NameDesignationAppointment DateStatus
Vandana Yadav Country flag representing In Managing Director28-Sep-2024Current
Mira Halder Country flag representing In Company Secretary20-Sep-2022Current
Prosanta Nandy CFO15-Mar-2024Current

Board Members (10)

NameDesignationAppointment DateStatus
Rudra Chatterjee Country flag representing In Director 15-Jan-2020Current
Chandrajit Banerjee Country flag representing In Director 15-May-2024Current
Chandra Dhanuka Country flag representing In Director 16-May-2024Current
Sanjay Budhia Country flag representing In Director 15-Feb-2024Current
Umesh Chowdhary Country flag representing In Director 15-Jan-2020Current
Alapan Bandyopadhyay Country flag representing In Director 28-Sep-2024Current

Financial Performance of West Bengal Industrial Development Corpn.

West Bengal Industrial Development Corpn Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 4.61% increase. The company also saw a substantial improvement in profitability, with a 1215.1% increase in profit. The company's net worth moved up by a moderate rise of 8.24%.

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
4.61%
Revenue from Operations
-77.18%
Total Assets
4.57%
Profit or Loss
1215.10%
Net Worth
8.24%
EBITDA
-26.52%

What is the Ownership and Shareholding Structure of West Bengal Industrial Development Corpn?

In 2023, West Bengal Industrial Development Corpn had a promoter holding of 100.00%. The company had 1 Subsidiary, 2 Joint Ventures and 3 Associate Companies. 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

₹405.00 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 275.00 Cr
  • Canara Bank : 50.00 Cr
  • Allahabad Bank : 50.00 Cr
  • State Bank Of India : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 Feb 2010Allahabad Bank₹50.00 CrSatisfied
24 Jul 2009Canara Bank₹50.00 CrSatisfied
30 Jun 2009Bank Of Baroda₹150.00 CrSatisfied
02 Jan 2008Bank Of Baroda₹125.00 CrSatisfied
17 Mar 2005State Bank Of India₹30.00 CrSatisfied

How Many Employees Work at West Bengal Industrial Development Corpn?

West Bengal Industrial Development Corpn has a workforce of 76 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of West Bengal Industrial Development Corpn, 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 West Bengal Industrial Development Corpn'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 West Bengal Industrial Development Corpn

Recent activity within the organization

  • Director Appointment

    Alapan Bandyopadhyay was appointed as a Director was appointed as a Director on 28 Sep 2024 & has been associated with this company since 4 months 24 days .

    28 Sep 2024

  • Director Appointment

    Vandana Yadav was appointed as a Managing Director was appointed as a Managing Director on 28 Sep 2024 & has been associated with this company since 4 months 24 days .

    28 Sep 2024

  • Director Appointment

    Chandra Kumar Dhanuka was appointed as a Director was appointed as a Director on 16 May 2024 & has been associated with this company since 9 months 6 days .

    16 May 2024

  • Director Appointment

    Chandrajit Banerjee was appointed as a Director was appointed as a Director on 15 May 2024 & has been associated with this company since 9 months 7 days .

    15 May 2024

  • Director Appointment

    Rupam Banerjee was appointed as a Additional Director was appointed as a Additional Director on 15 May 2024 & has been associated with this company since 9 months 7 days .

    15 May 2024

  • Annual General Meeting

    West Bengal Industrial Development Corpn Ltd last Annual general meeting of members was held on 29 Dec 2023 as per latest MCA records.

    29 Dec 2023

Recent News, Updates & Announcement

Frequently asked questions

  • West Bengal Industrial Development Corpn Ltd was incorporated on 06 Jan 1967.

  • The authorized share capital of West Bengal Industrial Development Corpn Ltd is ₹ 2,000.00 Cr and paid-up capital is ₹ 435.93 Cr.

  • Currently 13 directors are associated with West Bengal Industrial Development Corpn Ltd.

    • Chandra Kumar Dhanuka
    • Sanjay Budhia
    • Umesh Chowdhary
    • Alapan Bandyopadhyay
    • Rudra Chatterjee
    • Vandana Yadav
    • Chandrajit Banerjee
    • Ruma Mukherjie
    • Harish
    • Rupam Banerjee
    • Arghya Sengupta
    • Mira Halder
    • Prosanta Nandy
  • As per Ministry of Corporate Affairs (Mca), the registered address of West Bengal Industrial Development Corpn Ltd is Protiti23Abanindranaththakursarani India, Kolkata, West Bengal, 700017.

  • The corporate identification number (CIN) of West Bengal Industrial Development Corpn Ltd is U75142WB1967SGC026988 and the company number is 026988 as per Ministry of Corporate Affairs (MCA).

  • The Official website of West Bengal Industrial Development Corpn Ltd is https://www.wbidc.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for West Bengal Industrial Development Corpn Ltd has risen by 4.61%.

  • As Per 2023 financial reports, 76 employees are currently employed by West Bengal Industrial Development Corpn Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of West Bengal Industrial Development Corpn Ltd has experienced an upsurge of 8.24%.

  • The most recent Balance Sheet for West Bengal Industrial Development Corpn Ltd was filed with the ROC on 31 Mar 2023.

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