About Edc Limited
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Edc Limited is a public limited state government company based in Goa, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 12 March 1975 and has been in existence for over 51 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U65993GA1975SGC000214. Its GSTIN is 30AAACE4614K1Z2 (Goa).
The company has an authorised share capital of ₹125 Cr and a paid-up capital of ₹100.92 Cr. It is led by directors including Bhalchandra Shrikant Pai Angle (Managing Director) and Lalita Correia Afonso.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Edc House Dr. Atmaram Borkar Road Panaji, Goa, India – 403001.
As per the financials filed for FY 2023, the company reported a revenue of ₹93.69 Cr, a growth of 6.4% compared to the previous year.
The company has about 66 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: EDC Goa. As per MCA filings, the company has open charges of ₹74.2 Cr and satisfied charges of ₹260 Cr on record. Court records list 973 cases involving the company, including 682 filed by the company and 292 filed against it; 86 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹52 Cr; the latest was in June 2009. Its 5 peer companies in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC, Systemically Important Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 2 smaller; the largest is Andhra Pradesh State Financial Services Corporation Limited with revenue of ₹102.28 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website edc-goa.com.
Company details
Contact details
Edc Limited's registered office is in Goa. Its website is edc-goa.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressEdc House Dr. Atmaram Borkar Road Panaji, Goa, India – 403001
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Edc 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
Brands
Edc operates one associated brand: EDC Goa. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Consumer and SME loans are provided in India. | edc-goa.com |
Business activity
Edc operates primarily in the financial and insurance service sector. One business activity is registered with the MCA.
| Main activity group | Business activity | Share of turnover |
|---|---|---|
| Financial and insurance Service | Other financial activities |
To see the full business activity and turnover split of Edc Limited, buy the company report.
Financials of Edc Limited
FY 2025 filings availableEdc Limited reported revenue of ₹93.69 Cr (up 6.4% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6.4% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Revenue | ₹93.69 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Edc Limited, buy the company report.
Board of directors and KMP of Edc Limited
Edc Limited currently reports 11 directors and 1 key managerial person. 43 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalita Correia Afonso Also directs: De Nora India Limited | Director | 22 Sep 2017 | 9 Years 1 Months | Current |
| Manish Pal | Nominee Director | 12 Apr 2022 | 4 Years 6 Months | Current |
| Pramod Pandurang Sawant | Director | 30 Jan 2024 | 2 Years 8 Months | Current |
| Ashwin Ashok Kamat | Cfo | 01 Nov 2019 | 6 Years 11 Months | Current |
| Chetana Sridhara Shetty | Director | 20 Sep 2024 | 2 Years 1 Months | Current |
| Jairam Rajendra Prabhu Kholkar | Director | 20 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Edc Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC, Systemically Important Non Deposit NBFC), with 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 |
|---|---|---|---|---|---|---|
| Andhra Pradesh State Financial Services Corporation Limited | ₹102.28 Cr (FY 2022) | 113666.0% | Mangalagiri, Andhra Pradesh, India | |||
| Centrum Financial Services Limited | ₹101.94 Cr (FY 2019) | 56.0% | Mumbai, Maharashtra, India | |||
| Bhukhanvala Holdings Private Limited | ₹101.93 Cr (FY 2025) | 36.0% | Mumbai, Maharashtra, India | |||
| Ratnabali Investment Private Limited | ₹98.92 Cr (FY 2025) | 62.0% | Kolkata, West Bengal, India | |||
| Mufin Green Finance Limited | ₹98.44 Cr (FY 2024) | 179.0% | Delhi, India | |||
| Edc Limitedthis company | ₹93.69 Cr (FY 2023) | 6.4% | 66 | Goa, India |
To see the full peer comparison of Edc Limited, buy the company report.
Auditor
Edc Limited is audited by N.S.GOKHALE & COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.S.GOKHALE & COMPANY | FY 2019 | 103270W |
Shareholding
The shareholding of Edc Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Edc Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2021 | 100486931 | Hdfc Bank Limited | ₹24.2 Cr | Open | |
| 31 Mar 2017 | 100092932 | Others | ₹50 Cr | Open | |
| 29 Nov 2023 | 100846762 | Indian Overseas Bank | ₹50 Cr | Satisfied | |
| 29 Sep 2017 | 100130616 | State Bank of India | ₹50 Cr | Satisfied | |
| 29 Mar 2017 | 100090383 | Others | ₹10 Cr | Satisfied |
To see the full charge records of Edc Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Edc Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹52 Cr; the latest was in June 2009.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2009 | Funding round | ₹30 Cr | Investors: Government of Goa |
| Apr 2006 | Funding round | ₹22 Cr | Investors: Government of Goa |
To see the full deal history of Edc Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Edc Limited has 973 court cases on record: 682 filed by Edc, 292 filed against it. 86 cases are pending and 887 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 723 | 152 | 68 |
| High courts | 242 | 133 | 18 |
| Supreme Court | 8 | 7 | 0 |
Cases on record (5 of 973)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Goa, Goa | Appeal | Filed against the company by Peerless General Finance and Investment Co. Ltd. | Pending |
| District court, North Goa, Goa | Court case (EX A) | Filed by the company against M/S Suman Die Casting Pvt. Ltd. | Pending |
| District court, North Goa, Goa | Appeal | Filed by the company against M/S Shri Kaustub Shipping Pvt. Ltd. | Pending |
| District court, North Goa, Goa | Court case (EX A) | Filed by the company against M/S Masitia Steels Ltd and 1 other | Pending |
| District court, North Goa, Goa | Court case (EX A) | Filed by the company against M/S Monalisa Infotech Ltd | Pending |
To see the full case history of Edc Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Edc Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Edc has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Goa Electronics Limited | U72100GA1976SGC000260 |
To see the full group structure of Edc Limited, buy the company report.
Employees & EPFO
Edc Limited has a workforce of 66 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Edc has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAACE4614K1Z2 | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Edc Limited, buy the company report.
Recent activity
Edc Limited has 53 board changes on record since 2007: 12 appointments and 41 cessations. The latest: Mustafa Shabbir Manmadwala was appointed as Nominee Director on 25 Sep 2025.
65 earlier events are in the company report.
Frequently asked questions
Edc is an active public limited state government company based in Goa, India. The company works in nbfc, within the financial services industry. It was incorporated on 12 March 1975 (51+ years old) and is registered under CIN U65993GA1975SGC000214.
Edc has 12 current directors and KMP:
- Bhalchandra Shrikant Pai Angle - Managing Director
- Lalita Correia Afonso - Director
- Manish Pal - Nominee Director
- Pramod Pandurang Sawant - Director
- Chetana Sridhara Shetty - Director
- Jairam Rajendra Prabhu Kholkar - Director
- Yatish Ajit Naik - Director
- Deepak Narayan Tilve - Director
- Mark Anthony Mendes - Director
- Candavelou Vinayagam - Director
- Mustafa Shabbir Manmadwala - Nominee Director
- Ashwin Ashok Kamat - Cfo
The latest financial statements of Edc on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Edc is 30AAACE4614K1Z2, registered in Goa.
The CIN (Corporate Identification Number) of Edc is U65993GA1975SGC000214. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Edc has 973 court cases on record: 682 filed by the company and 292 filed against it. 86 are pending. Most are in the district courts.
Edc was incorporated on 12 March 1975, making it 51+ years old. It is registered with the Registrar of Companies, Goa.
Edc has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹52 Cr; the latest was in June 2009.
The peers of Edc by revenue are Andhra Pradesh State Financial Services Corporation Limited, Centrum Financial Services Limited, Bhukhanvala Holdings Private Limited, Ratnabali Investment Private Limited, Mufin Green Finance Limited, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC, Systemically Important Non Deposit NBFC), with the same principal business activity (other financial activities).
Mustafa Shabbir Manmadwala was appointed as Nominee Director on 25 Sep 2025. Manish Pal ceased to be Nominee Director on 09 Jul 2025. Sanjay Vasant Satardekar ceased to be Director on 21 Oct 2024. Edc has 53 board changes on record in total.
Edc can be reached through the website edc-goa.com. Its registered office is in Goa, India.