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: February 13, 2026

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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 Ugen Tashi (Director), Nandita Hazarika (Director), Bibekananda Acharya (Nominee 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 26 September 2025, with the balance sheet filed on 31 March 2025. 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 Metrics

Authorised Capital ₹ 500.00 Cr as on 13-02-2026
Paid Up Capital ₹ 100.00 Cr as on 13-02-2026
Company Age 30 Year, 6 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 645.72 Cr as on 13-02-2026
Revenue Growth **** 15.28% (FY 2024)
Profit Growth **** 25.25% (FY 2024)
Ebitda **** 10.49% (FY 2024)
Net Worth 7.68% (FY 2024)
Total Assets **** 13.40% (FY 2024)

Comprehensive Company Insights

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

Name	Designation	Appointment Date	Status
Ugen Tashi	Director	21 Jul 2022	Current
Nandita Hazarika	Director	12 Oct 2023	Current
Bibekananda Acharya	Nominee Director	11 Oct 2023	Current
Anoop Kumar	Director	20 Jan 2021	Current
Kaushik Sinha	Director	29 Apr 2023	Current
Ravi Kota	Director	23 May 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	22 Jan 2015	Past
Pramod Abcsdd	Additional Director	22 Jun 2018	Past
Pramod Abcsdd	Director	25 Sep 2020	Past
Pramod Abcsdd	Director	14 Aug 2013	Past
Pramod Abcsdd	Additional Director	22 Dec 2020	Past
Pramod Abcsdd	Additional Director	15 Sep 2009	Past

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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%.

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

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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%

*******

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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.

Shareholding Pattern (FY 2024)

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

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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

Date	Lender	Amount	Status
05 Dec 2025	Uco Bank	₹150.00 Cr	Open
08 Oct 2024	State Bank Of India	₹395.72 Cr	Open
30 Mar 2023	Sidbi	₹100.00 Cr	Open

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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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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

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Alerts

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.

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

Recent Activity within the Organization

Charges

The activity A charge with Uco Bank amounted to Rs. 150.00 Cr with Charge ID 101197384 was registered on 05 Dec 2025. was completed.
05 Dec 2025
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.
07 Oct 2025
Annual General Meeting

The activity North Eastern Development Finance Corporation Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was completed.
26 Sep 2025
Director Appointment

The activity 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 7 months 2 days . was completed.
16 Jul 2025
Balance Sheet

Progress on North Eastern Development Finance Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Guwahati. was documented.
31 Mar 2025
Director Appointment

The activity 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 2 months . was completed.
18 Dec 2024

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