About MP Industrial Development Corporation Limited
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MP Industrial Development Corporation Limited is a private limited state government company based in Bhopal, Madhya Pradesh, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 14 February 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U51102MP1977SGC001392. Its GSTIN is 23AACCM6080D1ZU (Madhya Pradesh). The company holds 22 GST registrations, of which 19 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹80.25 Lakh. It was formerly known as Madhya Pradesh Trade and Investment Facilitation Corpn.Ltd. It is led by directors including Chandra Mouli Shukla (Managing Director) and Raghwendra Kumar Singh.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 21 Arera Hills, Bhopal, Madhya Pradesh, India – 462011.
As per the financials filed for FY 2021, the company reported a revenue of ₹264.47 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹71.39 Cr (net margin -27%) and EBITDA of ₹9.82 Cr (EBITDA margin 3.7%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 20% over five years.
The company has about 302 employees on its provident fund (EPFO) records. Its group structure includes 5 subsidiaries.
As per MCA filings, the company has open charges of ₹19.25 Cr and satisfied charges of ₹18.8 Cr on record. Court records list 85 cases involving the company, including 14 filed by the company and 71 filed against it; 26 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website invest.mp.gov.in.
Company details
Name history
MP Industrial Development Corporation has undergone 5 name changes throughout its history. The current legal name is Mp Industrial Development Corporation Limited.
| Company Name | Status |
|---|---|
| MP Industrial Development Corporation Limited | Current |
| Madhya Pradesh Trade And Investment Facilitation Corpn.Ltd. | Previous |
| Madhya Pradesh Trade And Investment Facilitation Corpn.Ltd | Previous |
| Madhya Pradesh Export Corporation Limited | Previous |
| Madhya Pradesh Trade And Investment Facilitation Corporation Limited | Previous |
CIN history
MP Industrial Development Corporation has one previous CIN (Corporate Identification Number): L51102MP1977SGC001392. The current CIN is U51102MP1977SGC001392, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51102MP1977SGC001392 | Current |
| L51102MP1977SGC001392 | Previous |
Contact details
MP Industrial Development Corporation Limited's registered office is in Bhopal, Madhya Pradesh. Its website is invest.mp.gov.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address21 Arera Hills, Bhopal, Madhya Pradesh, India – 462011
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of MP Industrial Development Corporation 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 activities of MP Industrial Development Corporation are electricity, gas, steam and air condition supply and public services by government agencies. In detail, this covers electric power generation, transmission and distribution and administration relating to executive, legislation and other public service by government agencies. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | |
| O | Public Services by Government agencies | O1 | Administration relating to Executive, Legislation and other public service by government agencies |
To see the full business activity and turnover split of MP Industrial Development Corporation Limited, buy the company report.
Financials of MP Industrial Development Corporation Limited
FY 2024 filings availableMP Industrial Development Corporation Limited reported revenue of ₹264.47 Cr (up 10% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 20%. EBITDA rose 172% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹264.47 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹71.39 Cr | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | -27% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 MP Industrial Development Corporation Limited, buy the company report.
Board of directors of MP Industrial Development Corporation Limited
MP Industrial Development Corporation has 5 current directors and 43 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghwendra Kumar Singh | Director | 13 Jan 2024 | 2 Years 9 Months | Current |
| Lokesh Kumar Jatav | Director | 29 Aug 2024 | 2 Years 1 Months | Current |
| Virendra Bharadwaj | Director | 27 May 2024 | 2 Years 4 Months | Current |
| Dilip Kumar | Director | 11 Nov 2024 | 1 Years 11 Months | Current |
| Chandra Mouli Shukla | Managing Director | 03 Feb 2024 | 2 Years 8 Months | Current |
Auditor
MP Industrial Development Corporation Limited is audited by GDK & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GDK & ASSOCIATES | FY 2021 | 002159C |
Shareholding
The shareholding of MP Industrial Development Corporation 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 MP Industrial Development Corporation Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jun 2024 | 100934737 | Others | ₹16.64 Cr | Open | |
| 17 May 2024 | 100937621 | Others | ₹2.61 Cr | Open | |
| 06 Nov 1995 | 90205074 | Punjab National Bank | ₹6 Cr | Satisfied | |
| 21 Nov 1989 | 90207053 | Punjab & Sind Bank | ₹5 Cr | Satisfied | |
| 24 Dec 1988 | 90204672 | Punjab National Bank | ₹1 Cr | Satisfied |
To see the full charge records of MP Industrial Development Corporation Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
MP Industrial Development Corporation Limited has 85 court cases on record: 14 filed by MP Industrial Development Corporation, 71 filed against it. 26 cases are pending and 59 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 41 | 36 | 9 |
| District courts | 32 | 28 | 12 |
| Supreme Court | 6 | 4 | 4 |
| NCLAT | 5 | 2 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 85)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gwalior, Madhya Pradesh | Court case (RCS A) | Filed against the company by M/S Banmore Electricals Private Limited | Pending |
| District court, Indore, Madhya Pradesh | Court case (EX AB) | Filed against the company by NCC Limited Through Suhas Eklahare | Pending |
| NCLAT, Court IV | Tribunal matter | Filed by the company against Prabhat Jain Liquidator of M/S Narmada Cereal Pvt. Ltd. | Pending |
| District court, Gwalior, Madhya Pradesh | Court case (MCA) | Filed against the company by M/S Banmore Electricals Private Limited | Disposed |
| District court, Gwalior, Madhya Pradesh | Court case (MJC AV) | Filed against the company by M/S Banmore Electricals Private Limited | Disposed |
To see the full case history of MP Industrial Development Corporation 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 MP Industrial Development Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
MP Industrial Development Corporation has 5 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Dmic Pithampur Jal Prabandhan Limited | U41000MP2014SGC032618 | |
| Pithampur Auto Cluster | U74999MP2004NPL020090 | |
| Dmic Vikram Udyogpuri Limited | U74999MP2010SGC023236 | |
| Madhya Pradesh Plastic Park Development Corporation Limited | U74999MP2013SGC030396 | |
| Madhya Pradesh Plastic City Development Corporation Gwalior Limited | U74999MP2016SGC041236 |
To see the full group structure of MP Industrial Development Corporation Limited, buy the company report.
Employees & EPFO
MP Industrial Development Corporation Limited has a workforce of 302 employees on its EPFO records as of Oct 14, 2024, across 2 active EPFO establishments.
GST
MP Industrial Development Corporation has 22 GST registrations: 19 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCM6080D1ZU | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AACCM6080D1D3 | Madhya Pradesh | Active | 03 Jun 2019 |
| 23AACCM6080D5ZQ | Madhya Pradesh | Active | 17 Feb 2021 |
| 23AACCM6080D6ZP | Madhya Pradesh | Active | 26 Feb 2021 |
To see the full GST registrations and return filing status of MP Industrial Development Corporation Limited, buy the company report.
Recent activity
MP Industrial Development Corporation Limited has 47 board changes on record since 2007: 6 appointments and 41 cessations. The latest: Bharat Yadav ceased to be Director on 27 Jan 2025.
59 earlier events are in the company report.
Frequently asked questions
MP Industrial Development Corporation is an active private limited state government company based in Bhopal, Madhya Pradesh, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 14 February 1977 (49+ years old) and is registered under CIN U51102MP1977SGC001392.
MP Industrial Development Corporation has 5 current directors:
- Chandra Mouli Shukla - Managing Director
- Raghwendra Kumar Singh - Director
- Lokesh Kumar Jatav - Director
- Virendra Bharadwaj - Director
- Dilip Kumar - Director
The latest financial statements of MP Industrial Development Corporation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of MP Industrial Development Corporation is 23AACCM6080D1ZU, registered in Madhya Pradesh. The company has 22 GST registrations in all, of which 19 are active and 3 are cancelled or inactive. Other active GSTINs include 23AACCM6080D1D3 (Madhya Pradesh), 23AACCM6080D5ZQ (Madhya Pradesh), 23AACCM6080D6ZP (Madhya Pradesh).
The CIN (Corporate Identification Number) of MP Industrial Development Corporation is U51102MP1977SGC001392. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MP Industrial Development Corporation has 85 court cases on record: 14 filed by the company and 71 filed against it. 26 are pending. Most are in the high courts.
MP Industrial Development Corporation was incorporated on 14 February 1977, making it 49+ years old. It is registered with the Registrar of Companies, Gwalior.
Bharat Yadav ceased to be Director on 27 Jan 2025. Dhanaraju Sanjeevarayappa was appointed as Director on 16 Jan 2025. Dilip Kumar was appointed as Director on 11 Nov 2024. MP Industrial Development Corporation has 47 board changes on record in total.
MP Industrial Development Corporation can be reached through the website invest.mp.gov.in. Its registered office is in Bhopal, Madhya Pradesh, India.
The registered office of MP Industrial Development Corporation is at 21 Arera Hills, Bhopal, Madhya Pradesh, India – 462011.