Development Corpn. Of Vidharbha Limited - Company Profile

It is a public administration public limited state government company based in Nagpur, Maharashtra, India, established in 1970.
1970 Nagpur, Maharashtra, India Active
Last Updated:
Access Report
About Development Corpn. Of Vidharbha Limited

Development Corpn. Of Vidharbha Limited, a active public limited state government company, was established on 03 December 1970 in Nagpur, Maharashtra, India. Engaging in extra territorial organizations within the public administration sector, it holds CIN: U99999MH1970SGC014895. Registered under ROC Roc Nagpur. it is unlisted. It has an authorized capital of ₹8.00 Cr and a paid-up capital of ₹7.17 Cr.

It upholds a compliant status. Its leadership includes Shivkumar Muddamwar (Managing Director), Hemant Keshav Badar (Director), Vickey Pundlikrao Khirale (Additional Director). Past directors included Supriya Vasant Bawankole, Gajendra Onkar Bharati, Subhash Asaram Rode. It holds ₹2.34 Cr open charges and no settled loans. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2025. It is based at Shop No.52 Yashwant Stadium Dhantoli, Nagpur, Maharashtra, 440012.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U99999MH1970SGC014895

  • Registration Number

    014895

  • Incorporation Date

    03 December 1970

  • Authorized Capital

    ₹8.00 Cr

  • Paid-Up Capital

    ₹7.17 Cr

  • ROC Code

    Roc Nagpur

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 7.17 Cr
  • Company Age 55 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 2.34 Cr
  • Revenue Growth **** 18.05%
  • Profit Growth **** 100.96%
  • Ebitda **** 27.67%
  • Net Worth 0.03%
  • Total Assets **** 0.09%
Company report

Development Corpn. Of Vidharbha Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Development Corpn. Of Vidharbha Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report
Who are the key members and board of directors at Development Corpn. Of Vidharbha Limited?
Current Directors
Name Designation Appointment Date Status
Shivkumar Muddamwar Managing Director 03 Nov 2018 Current
Hemant Keshav Badar Director 21 Mar 2024 Current
Vickey Pundlikrao Khirale Additional Director 26 Nov 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Aug 2022 Past
Pramod Abcsdd Director 20 Apr 2022 Past
Pramod Abcsdd Managing Director 25 Feb 2011 Past
Pramod Abcsdd Director 14 Jul 2008 Past
Pramod Abcsdd Director 28 May 2015 Past
Pramod Abcsdd Additional Director 25 Sep 2019 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Development Corpn. Of Vidharbha.

Development Corpn. Of Vidharbha Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.05% increase. The company also saw a substantial improvement in profitability, with a 100.96% increase in profit. The company's net worth moved up by a moderate rise of 0.03%.

Development Corpn. Of Vidharbha revenue growth over time
Development Corpn. Of Vidharbha profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 18.05%
*******
*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 0.09%
*******
*******
*******
*******
Profit or Loss
*******
 100.96%
*******
*******
*******
*******
Net Worth
*******
 0.03%
*******
*******
*******
*******
EBITDA
*******
 27.67%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Development Corpn. Of Vidharbha?

In 2023, Development Corpn. Of Vidharbha had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹23,400,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Janata Sahakari Bank Ltd. : 2.34 Cr
Latest Charge Details
Date Lender Amount Status
30 Apr 2001 Janata Sahakari Bank Ltd. ₹2.80 M Open
26 Feb 2001 Janata Sahakari Bank Ltd. ₹7.80 M Open
26 Feb 2001 Janata Sahakari Bank Ltd. ₹7.80 M Open
27 Sep 2000 Janata Sahakari Bank Ltd. ₹5.00 M Open

Explore comprehensive loan charge details -

How Many Employees Work at Development Corpn. Of Vidharbha?

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

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Development Corpn. Of Vidharbha, 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 Development Corpn. Of Vidharbha'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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Development Corpn. Of Vidharbha
Recent Activity within the Organization
  • Director Appointment

    Progress on Vickey Pundlikrao Khirale was appointed as a Additional Director was appointed as a Additional Director on 26 Nov 2025 & has been associated with this company since 3 months 21 days . was documented.

  • Annual General Meeting

    The activity Development Corpn. Of Vidharbha Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Development Corpn. Of Vidharbha Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Nagpur. was documented.

  • Director Appointment

    The activity Hemant Keshav Badar was appointed as a Director was appointed as a Director on 21 Mar 2024 & has been associated with this company since 1 year 11 months . was completed.

  • Director Appointment

    Progress on Shivkumar Muddamwar was appointed as a Managing Director was appointed as a Managing Director on 03 Nov 2018 & has been associated with this company since 7 years 4 months . was documented.

  • Charges

    Progress on A charge with Janata Sahakari Bank Ltd. amounted to Rs. 0.28 Cr with Charge ID 90371776 was registered on 30 Apr 2001. was documented.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Development Corpn. Of Vidharbha Limited?

The CIN of Development Corpn. Of Vidharbha Limited is U99999MH1970SGC014895.

Where is Development Corpn. Of Vidharbha Limited headquartered?

Development Corpn. Of Vidharbha Limited is headquartered at Shop No.52 Yashwant Stadium Dhantoli, Nagpur, Maharashtra, 440012.

When was Development Corpn. Of Vidharbha Limited incorporated?

Development Corpn. Of Vidharbha Limited was incorporated on 03 December 1970.

Who are the current directors of Development Corpn. Of Vidharbha Limited?

The current directors of Development Corpn. Of Vidharbha Limited are

What is the primary industry of Development Corpn. Of Vidharbha Limited?

The primary industry of Development Corpn. Of Vidharbha Limited is Public Administration.

Is Development Corpn. Of Vidharbha Limited a listed company?

Development Corpn. Of Vidharbha Limited is unlisted.

What is the capital structure of Development Corpn. Of Vidharbha Limited?

The authorized capital of Development Corpn. Of Vidharbha Limited is ₹8.00 Cr, and the paid-up capital is ₹7.17 Cr.

What is the compliance status of Development Corpn. Of Vidharbha Limited?

The compliance status of Development Corpn. Of Vidharbha Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available