Assam State Development Corporation for Other Backward Classes Ltd.
About Assam State Development Corporation for Other Backward Classes Ltd.
Data last updated:
Assam State Development Corporation for Other Backward Classes Ltd. is a private limited state government company based in Guwahati, Assam, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 06 August 1975 and has been in existence for over 51 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U75122AS1975SGC001627. Its GSTIN is 18AAECA4381K1DP (Assam).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.4 Cr. It is led by directors including Hemanta Pegu (Managing Director) and Gautam Kr Majumdar (Managing Director).
Its last annual general meeting (AGM) was held on 22 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Dr. B.K.Kakati Road Gopinath Nagar, Guwahati, Assam, India – 781016.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.68 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹62.81 Lakh (net margin 11.1%) and EBITDA of ₹70.52 Lakh (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 13% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Assam State Development Corporation for Other Backward Classes has one previous CIN (Corporate Identification Number): U75122AS1975PTC001627. The current CIN is U75122AS1975SGC001627, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U75122AS1975SGC001627 | Current |
| U75122AS1975PTC001627 | Previous |
Contact details
Assam State Development Corporation for Other Backward Classes Ltd.'s registered office is in Guwahati, Assam. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDr. B.K.Kakati Road Gopinath Nagar, Guwahati, Assam, India – 781016
- IndustryFinancial Services, Financial Activities
To see the full contact details of Assam State Development Corporation for Other Backward Classes Ltd., 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 Assam State Development Corporation for Other Backward Classes is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Assam State Development Corporation for Other Backward Classes Ltd., buy the company report.
Financials of Assam State Development Corporation for Other Backward Classes Ltd.
FY 2023 filings availableAssam State Development Corporation for Other Backward Classes Ltd. reported revenue of ₹5.68 Cr (up 49% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 49% growth in the latest year. EBITDA rose 513% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.68 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹70.52 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹62.81 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.4% | ||||
| Net Profit Margin | 11.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Assam State Development Corporation for Other Backward Classes Ltd., buy the company report.
Board of directors of Assam State Development Corporation for Other Backward Classes Ltd.
Assam State Development Corporation for Other Backward Classes has 5 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemanta Pegu Also directs: Assam State Development Corpn. for Scheduled Castes Ltd. | Managing Director | 19 Dec 2022 | 3 Years 10 Months | Current |
| Labanya Konwar | Nominee Director | 07 Jun 2024 | 2 Years 4 Months | Current |
| Biswajeet Roy | Nominee Director | 07 Jun 2024 | 2 Years 4 Months | Current |
| Nabanita Handique | Nominee Director | 07 Jun 2024 | 2 Years 4 Months | Current |
| Gautam Kr Majumdar Also directs: Assam State Development Corpn. for Scheduled Castes Ltd. | Managing Director | 30 Jul 2025 | 1 Years 2 Months | Current |
Peer comparison
Assam State Development Corporation for Other Backward Classes Ltd. is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gramalaya Microfin Foundation | ₹5.69 Cr (FY 2025) | 19.0% | Kulumani Main Road, Tamil Nadu, India | |||
| Intensify Research Services Private Limited | ₹5.68 Cr (FY 2024) | 141.0% | Mumbai, Maharashtra, India | |||
| Chitrapuri Merchants Private Limited | ₹5.68 Cr (FY 2025) | -25.0% | Kolkata, West Bengal, India | |||
| Ambay Holidays Private Limited | ₹5.68 Cr (FY 2020) | 1.0% | Gurdaspur, Punjab, India | |||
| Hexa Securities and Finance Company Limited | ₹5.68 Cr (FY 2025) | -94.0% | Mathura, Uttar Pradesh, India | |||
| Assam State Development Corporation for Other Backward Classes Ltd.this company | ₹5.68 Cr (FY 2022) | ₹62.81 Lakh | 11.1% | 49.0% | Guwahati, Assam, India | |
| Madura Micro Finance Limited | ₹5.68 Cr (FY 2022) | 142.0% | Chennai, Tamil Nadu, India | |||
| Manish Synthetics Pvt Ltd | ₹5.68 Cr (FY 2024) | -56.0% | Chennai, Tamil Nadu, India | |||
| Gateway Towers Private Limited | ₹5.68 Cr (FY 2020) | -36.0% | Kolkata, West Bengal, India | |||
| Invest Gold and General Finance Private Limited | ₹5.68 Cr (FY 2025) | 21.0% | Thrissur, Kerala, India | |||
| Nextgen Chitfund Systems Private Limited | ₹5.68 Cr (FY 2024) | 201.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Assam State Development Corporation for Other Backward Classes Ltd., buy the company report.
Auditor
Assam State Development Corporation for Other Backward Classes Ltd. is audited by Amit Hemraj Jain & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Amit Hemraj Jain & Associates | FY 2022 | 325285E |
Shareholding
The shareholding of Assam State Development Corporation for Other Backward Classes Ltd. 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 Assam State Development Corporation for Other Backward Classes Ltd., buy the company report.
Legal cases
No court or tribunal cases involving Assam State Development Corporation for Other Backward Classes Ltd. 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 Assam State Development Corporation for Other Backward Classes Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Assam State Development Corporation for Other Backward Classes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 18AAECA4381K1DP | Assam | Active | 05 Oct 2018 |
To see the full GST registrations and return filing status of Assam State Development Corporation for Other Backward Classes Ltd., buy the company report.
Recent activity
Assam State Development Corporation for Other Backward Classes Ltd. has 17 board changes on record since 2012: 5 appointments and 12 cessations. The latest: Gautam Kr Majumdar was appointed as Managing Director on 30 Jul 2025.
8 earlier events are in the company report.
Frequently asked questions
Assam State Development Corporation for Other Backward Classes is an active private limited state government company based in Guwahati, Assam, India. The company works in financial activities, within the financial services industry. It was incorporated on 06 August 1975 (51+ years old) and is registered under CIN U75122AS1975SGC001627.
Assam State Development Corporation for Other Backward Classes has 5 current directors:
- Hemanta Pegu - Managing Director
- Gautam Kr Majumdar - Managing Director
- Labanya Konwar - Nominee Director
- Biswajeet Roy - Nominee Director
- Nabanita Handique - Nominee Director
The latest financial statements of Assam State Development Corporation for Other Backward Classes on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 22 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Assam State Development Corporation for Other Backward Classes is 18AAECA4381K1DP, registered in Assam.
The CIN (Corporate Identification Number) of Assam State Development Corporation for Other Backward Classes is U75122AS1975SGC001627. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Assam State Development Corporation for Other Backward Classes was incorporated on 06 August 1975, making it 51+ years old. It is registered with the Registrar of Companies, Guwahati.
The peers of Assam State Development Corporation for Other Backward Classes by revenue are Gramalaya Microfin Foundation, Intensify Research Services Private Limited, Chitrapuri Merchants Private Limited, Ambay Holidays Private Limited, Hexa Securities and Finance Company Limited and 5 more, all in the same principal business activity (other financial activities).
Gautam Kr Majumdar was appointed as Managing Director on 30 Jul 2025. Bismita Gogoi ceased to be Director on 07 Jun 2024. Biswajeet Roy was appointed as Nominee Director on 07 Jun 2024. Assam State Development Corporation for Other Backward Classes has 17 board changes on record in total.
The registered office of Assam State Development Corporation for Other Backward Classes is at Dr. B.K.Kakati Road Gopinath Nagar, Guwahati, Assam, India – 781016.
Assam State Development Corporation for Other Backward Classes operates in the financial services industry, in the financial activities segment.
The compliance status of Assam State Development Corporation for Other Backward Classes is active non-compliant as of 19 July 2026. The company is actively filing with the Registrar of Companies.