Idco Sez Development Limited
About Idco Sez Development Limited
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Idco Sez Development Limited is a public limited state government company based in Bhubaneswar, Odisha, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U75132OR2004SGC007521. Its GSTIN is 21AADCP8685Q1ZO (Odisha). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.05 Cr. It is led by directors including Prasanthkumarreddy Devireddy and Shantanu Kumar Naik.
Its last annual general meeting (AGM) was held on 17 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Idco Tower Janpath, Bhubaneswar, Odisha, India – 751001.
As per the financials filed for FY 2024, the company reported a revenue of ₹48.78 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹14.33 Lakh (net margin 29.4%) and EBITDA of ₹47.53 Lakh (EBITDA margin 97.4%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Idco Sez Development has one previous CIN (Corporate Identification Number): L75132OR2004FTC007521. The current CIN is U75132OR2004SGC007521, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U75132OR2004SGC007521 | Current |
| L75132OR2004FTC007521 | Previous |
Contact details
Idco Sez Development Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressIdco Tower Janpath, Bhubaneswar, Odisha, India – 751001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Idco Sez Development Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Idco Sez Development is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
Financials of Idco Sez Development Limited
FY 2024 filings availableIdco Sez Development Limited reported revenue of ₹48.78 Lakh (up 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 20% growth in the latest year. EBITDA rose 29% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹47.53 Lakh | ||||
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| Net Profit (PAT) | ₹14.33 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97.4% | ||||
| Net Profit Margin | 29.4% | ||||
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To see the full financial statements and ratios of Idco Sez Development Limited, buy the company report.
Board of directors of Idco Sez Development Limited
Idco Sez Development has 3 current directors and 31 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasanthkumarreddy Devireddy | Nominee Director | 23 Jul 2025 | 1 Years 3 Months | Current |
| Shantanu Kumar Naik | Nominee Director | 02 Jul 2025 | 1 Years 4 Months | Current |
| Biswajit Pal | Nominee Director | 20 Dec 2024 | 1 Years 10 Months | Current |
Auditor
Idco Sez Development Limited is audited by S Sahoo & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S Sahoo & Co | FY 2023 | 322952E |
Shareholding
The shareholding of Idco Sez Development Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Idco Sez Development Limited, buy the company report.
Legal cases
No court or tribunal cases involving Idco Sez Development Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Idco Sez Development Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Idco Sez Development has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AADCP8685Q1ZO | Odisha | Active | 21 Jul 2017 |
To see the full GST registrations and return filing status of Idco Sez Development Limited, buy the company report.
Recent activity
Idco Sez Development Limited has 63 board changes on record since 2004: 33 appointments and 30 cessations. The latest: Bhupendra Singh Poonia ceased to be Nominee Director on 23 Jul 2025.
54 earlier events are in the company report.
Frequently asked questions
Idco Sez Development is an active public limited state government company based in Bhubaneswar, Odisha, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 09 March 2004 (22+ years old) and is registered under CIN U75132OR2004SGC007521.
Idco Sez Development has 3 current directors:
- Prasanthkumarreddy Devireddy - Nominee Director
- Shantanu Kumar Naik - Nominee Director
- Biswajit Pal - Nominee Director
The latest financial statements of Idco Sez Development on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 17 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Idco Sez Development is 21AADCP8685Q1ZO, registered in Odisha. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Idco Sez Development is U75132OR2004SGC007521. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Idco Sez Development was incorporated on 09 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Cuttack.
Bhupendra Singh Poonia ceased to be Nominee Director on 23 Jul 2025. Prasanthkumarreddy Devireddy was appointed as Nominee Director on 23 Jul 2025. Shantanu Kumar Naik was appointed as Nominee Director on 02 Jul 2025. Idco Sez Development has 63 board changes on record in total.
The registered office of Idco Sez Development is at Idco Tower Janpath, Bhubaneswar, Odisha, India – 751001.
Idco Sez Development operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Idco Sez Development is compliant as of 28 September 2026. The company is actively filing with the Registrar of Companies.
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