
Associated Industrial Development Co Pvt Ltd
About Associated Industrial Development Co Pvt Ltd
Data last updated:
Associated Industrial Development Co Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 23 March 1942 and has been in existence for over 84 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74992WB1942PTC010928.
The company has an authorised share capital of ₹19 Lakh and a paid-up capital of ₹14 Lakh. It is led by directors including Susovan Sinha and Partha Bhattacharjee.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Nicco Hous1 & 2 Hare Street, Kolkata, West Bengal, India – 700001.
As per MCA filings, the company has open charges of ₹32.6 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNicco Hous1 & 2 Hare Street, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Investment Banking & Advisory
- 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
- One PDF report, delivered after checkout
Financials of Associated Industrial Development Co Pvt Ltd FY 2025 filings available
Associated Industrial Development Co Pvt Ltd reported revenue of ₹6,298 (up 39% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Associated Industrial Development Co Pvt Ltd
Revenue rose 39% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 40%. 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 of Associated Industrial Development Co Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 of Associated Industrial Development Co Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Associated Industrial Development Co are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Associated Industrial Development Co Pvt Ltd
Associated Industrial Development Co Pvt Ltd is compared with the companies closest to it by revenue in the BFSI industry (Investment Banking). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prithvi Vinimay Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Rishta Capital Private Limited | •••• | •••• | •••• | •••• | - | Vilavancode, Tamil Nadu, India |
| Orbit Distributors Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Godhuli Vintrade Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Cipher Capital Advisors Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Associated Industrial Development Co Pvt Ltd this company | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| S C Motors Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Escape Vinimay Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Davangere Printers Private Limited | •••• | •••• | •••• | •••• | - | Davangere, Karnataka, India |
| Memg Holdings Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Ramjasch Investments and Finance Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Associated Industrial Development Co by revenue in the BFSI industry (Investment Banking), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Associated Industrial Development Co Pvt Ltd
Associated Industrial Development Co Pvt Ltd is audited by G BASU & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G BASU & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Associated Industrial Development Co Pvt Ltd
Associated Industrial Development Co has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Susovan Sinha Also directs: Hercules Trading Corpn Pvt Ltd | Director | 04 Mar 2020 | 6 Years 7 Months | Current |
| Partha Bhattacharjee | Director | 04 Mar 2020 | 6 Years 7 Months | Current |
| Hironmoy Mozumder Also directs: Hindustan Wire Metal Products Private Ltd, Ruchika Electricals and Engineering Pvt Limited, Genemore Tracom Pvt Ltd and 2 more | Director | 04 Mar 2020 | 6 Years 7 Months | Current |
| Rajive Kaul | Director | 21 May 1976 | 50 Years 4 Months | Current |
Ownership and Shareholding of Associated Industrial Development Co Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Associated Industrial Development Co Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Oct 2008 | State Bank of Bikaner & Jaipur | ₹32.6 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Associated Industrial Development Co Pvt Ltd
Employment history and EPFO contributions of people linked to Associated Industrial Development Co.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Associated Industrial Development Co Pvt Ltd
Associated Industrial Development Co Pvt Ltd has 9 board changes on record since 1976: 4 appointments and 5 cessations. The latest: Hironmoy Mozumder ceased to be Additional Director on 31 Dec 2020.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Associated Industrial Development Co Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Associated Industrial Development Co Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Associated Industrial Development Co Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Associated Industrial Development Co Pvt Ltd
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Associated Industrial Development Co Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Associated Industrial Development Co Pvt Ltd
Associated Industrial Development Co is an active private limited company based in Kolkata, West Bengal, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 23 March 1942 (84+ years old) and is registered under CIN U74992WB1942PTC010928.
Associated Industrial Development Co has 4 current directors:
- Susovan Sinha - Director
- Partha Bhattacharjee - Director
- Hironmoy Mozumder - Director
- Rajive Kaul - Director
The CIN (Corporate Identification Number) of Associated Industrial Development Co is U74992WB1942PTC010928. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Associated Industrial Development Co was incorporated on 23 March 1942, making it 84+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Associated Industrial Development Co by revenue are Prithvi Vinimay Private Limited, Rishta Capital Private Limited, Orbit Distributors Private Limited, Godhuli Vintrade Private Limited, Cipher Capital Advisors Private Limited and 5 more, all in the BFSI industry (Investment Banking).
Hironmoy Mozumder ceased to be Additional Director on 31 Dec 2020. Partha Bhattacharjee ceased to be Additional Director on 31 Dec 2020. Susovan Sinha ceased to be Additional Director on 31 Dec 2020. Associated Industrial Development Co has 9 board changes on record in total.
The registered office of Associated Industrial Development Co is at Nicco Hous1 & 2 Hare Street, Kolkata, West Bengal, India – 700001.
Associated Industrial Development Co has an authorised share capital of ₹19 Lakh and a paid-up capital of ₹14 Lakh.
Associated Industrial Development Co operates in the financial services industry, in the investment banking and advisory segment.
No. Associated Industrial Development Co is not listed on any stock exchange. It is an unlisted company.
Associated Industrial Development Co has open charges of ₹32.6 Cr and no satisfied charges on record as per latest MCA filings.