North Eastern Development Finance Corporation Limited Company Logo

North Eastern Development Finance Corporation Limited - Company Profile

It is a financial services public limited union government company based in Guwahati, Assam, India, established in 1995.

1995 | Guwahati, Assam, India | Active
Last Updated:

About North Eastern Development Finance Corporation Limited

North Eastern Development Finance Corporation Limited, a active public limited union government company, was established on 09 August 1995 in Guwahati, Assam, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U65923AS1995GOI004529. Registered under ROC Roc Guwahati. it is unlisted. It has an authorized capital of ₹500.00 Cr and a paid-up capital of ₹100.00 Cr.

It upholds a compliant status. Employing 156 professional, Its leadership includes Donald Phillips Wahlang (Director), Ugen Tashi (Director), Nandita Hazarika (Director). Past directors included Lalthantluangi Tochhong, Rajani Ranjan Rashmi, Ramnganing Muivah. It holds ₹645.72 Cr open charges and no settled loans. Its latest AGM occurred on 27 September 2024, with the balance sheet filed on 31 March 2024. It is based at Nedfi House G.S. Road, Dispur, Guwahati, Assam, 781006.

Company Details

  • CIN/LLPIN

    U65923AS1995GOI004529

  • Registration Number

    004529

  • Incorporation Date

    09 August 1995

  • Authorized Capital

    ₹500.00 Cr

  • Paid-Up Capital

    ₹100.00 Cr

  • ROC Code

    Roc Guwahati

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 500.00 Cr
  • Paid Up Capital ₹ 100.00 Cr
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 645.72 Cr
  • Revenue Growth 15.28%
  • Profit Growth 25.25%
  • Ebitda 10.49%
  • Net Worth 7.68%
  • Total Assets 13.40%
Company report

North Eastern Development Finance Corporation Limited

Company Report FY 2025-2026

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

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Who are the key members and board of directors at North Eastern Development Finance Corporation Limited?

Current Directors

NameDesignationAppointment DateStatus
Donald Phillips WahlangDirector31 Oct 2023Current
Ugen TashiDirector21 Jul 2022Current
Nandita HazarikaDirector12 Oct 2023Current
Bibekananda AcharyaNominee Director11 Oct 2023Current
Anoop KumarDirector20 Jan 2021Current
Kaushik SinhaDirector29 Apr 2023Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector22 Jan 2015Past
Pramod AbcsddAdditional Director22 Jun 2018Past
Pramod AbcsddDirector25 Sep 2020Past
Pramod AbcsddDirector14 Aug 2013Past
Pramod AbcsddAdditional Director22 Dec 2020Past
Pramod AbcsddAdditional Director15 Sep 2009Past

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Financial Performance of North Eastern Development Finance Corporation.

North Eastern Development Finance Corporation Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 15.28% increase. The company also saw a substantial improvement in profitability, with a 25.25% increase in profit. The company's net worth moved up by a moderate rise of 7.68%.

North Eastern Development Finance Corporation revenue growth over time
North Eastern Development Finance Corporation profit and loss trends over time
  • 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
15.28%
Revenue from Operations
11.73%
Total Assets
13.40%
Profit or Loss
25.25%
Net Worth
7.68%
EBITDA
10.49%

What is the Ownership and Shareholding Structure of North Eastern Development Finance Corporation?

In 2024, North Eastern Development Finance Corporation had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹6,457,200,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 395.72 Cr
  • Uco Bank : 150.00 Cr
  • Sidbi : 100.00 Cr

Latest Charge Details

DateLenderAmountStatus
05 Dec 2025Uco Bank₹150.00 CrOpen
08 Oct 2024State Bank Of India₹395.72 CrOpen
30 Mar 2023Sidbi₹100.00 CrOpen

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How Many Employees Work at North Eastern Development Finance Corporation?

North Eastern Development Finance Corporation has a workforce of 156 employees as of Jan 04, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for North Eastern Development Finance Corporation Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of North Eastern Development Finance Corporation, 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 North Eastern Development Finance Corporation'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.

Latest Updates, News, and FAQs on North Eastern Development Finance Corporation

Recent Activity within the Organization

  • Charges

    A charge with Uco Bank amounted to Rs. 150.00 Cr with Charge ID 101197384 was registered on 05 Dec 2025. was recorded as a recent event.

  • Charges

    Progress on A charge with State Bank Of India of Rs. 395.72 Cr registered on 08 Oct 2024 with Charge ID 100986017 was modified on 07 Oct 2025. was documented.

  • Director Appointment

    Progress on Prabhash Bose was appointed as a Additional Director was appointed as a Additional Director on 16 Jul 2025 & has been associated with this company since 5 months 9 days . was documented.

  • Director Appointment

    Progress on Niraj Kumar was appointed as a Additional Director was appointed as a Additional Director on 18 Dec 2024 & has been associated with this company since 1 year 5 days . was documented.

  • Charges

    Progress on A charge with State Bank Of India amounted to Rs. 395.72 Cr with Charge ID 100986017 was registered on 08 Oct 2024. was documented.

  • Annual General Meeting

    Progress on North Eastern Development Finance Corporation Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records. was documented.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of North Eastern Development Finance Corporation Limited?

    The CIN of North Eastern Development Finance Corporation Limited is U65923AS1995GOI004529.

  • Where is North Eastern Development Finance Corporation Limited headquartered?

    North Eastern Development Finance Corporation Limited is headquartered at Nedfi House G.S. Road, Dispur, Guwahati, Assam, 781006.

  • When was North Eastern Development Finance Corporation Limited incorporated?

    North Eastern Development Finance Corporation Limited was incorporated on 09 August 1995.

  • Who are the current directors of North Eastern Development Finance Corporation Limited?

    The current directors of North Eastern Development Finance Corporation Limited are

  • What is the primary industry of North Eastern Development Finance Corporation Limited?

    The primary industry of North Eastern Development Finance Corporation Limited is Financial And Insurance Service.

  • Is North Eastern Development Finance Corporation Limited a listed company?

    North Eastern Development Finance Corporation Limited is unlisted.

  • What is the capital structure of North Eastern Development Finance Corporation Limited?

    The authorized capital of North Eastern Development Finance Corporation Limited is ₹500.00 Cr, and the paid-up capital is ₹100.00 Cr.

  • What is the compliance status of North Eastern Development Finance Corporation Limited?

    The compliance status of North Eastern Development Finance Corporation Limited is Compliant.

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