Punjab State Industrial Development Corpn Limited - Company Profile

It is a financial services private limited state government company based in Chandigarh, Chandigarh, India, established in 1966.

1966 Chandigarh, Chandigarh, India Active

Last Updated: December 27, 2025

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About Punjab State Industrial Development Corpn Limited

Punjab State Industrial Development Corpn Limited, a active private limited state government company, was established on 31 January 1966 in Chandigarh, Chandigarh, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U70109CH1966SGC002629. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹80.00 Cr and a paid-up capital of ₹78.22 Cr.

It upholds a compliant status. Its leadership includes Parampal Kaur Sidhu (Managing Director), Baldeep Kaur (Nominee Director), Tejveer Singh (Nominee Director). Past directors included Anurag Verma, Tej Kumar Goyal, Alok Shekhar. Its latest AGM occurred on 28 December 2022, with the balance sheet filed on 31 March 2022. It is based at Udyog Bhawan 18Himalaya Marg Sector 17, Chandigarh, Chandigarh, 160017.

Company Details

CIN/LLPIN
U70109CH1966SGC002629
Registration Number
002629
Incorporation Date
31 January 1966
Authorized Capital
₹80.00 Cr
Paid-Up Capital
₹78.22 Cr
ROC Code
Roc Chandigarh
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 80.00 Cr as on 27-12-2025
Paid Up Capital ₹ 78.22 Cr as on 27-12-2025
Company Age 60 Year, 15 Days
Last Filing with ROC 31 Mar 2022
Revenue Growth **** 32.53% (FY 2021)
Profit Growth **** 24.30% (FY 2021)
Ebitda **** 2464.03% (FY 2021)
Net Worth 3.74% (FY 2021)
Total Assets -6.24% (FY 2021)

Comprehensive Company Insights

Explore comprehensive insights into Punjab State Industrial Development Corpn 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 Punjab State Industrial Development Corpn Limited?

Current Directors

Name	Designation	Appointment Date	Status
Parampal Kaur Sidhu	Managing Director	24 Apr 2023	Current
Baldeep Kaur	Nominee Director	08 Sep 2023	Current
Tejveer Singh	Nominee Director	04 Oct 2023	Current
Dp Singh Kharbanda	Nominee Director	05 Dec 2023	Current
Jasvir Singh	Nominee Director	15 Mar 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Nominee Director	24 Jul 2008	Past
Pramod Abcsdd	Nominee Director	29 Sep 2011	Past
Pramod Abcsdd	Director	17 Dec 2021	Past
Pramod Abcsdd	Nominee Director	02 Apr 2011	Past
Pramod Abcsdd	Nominee Director	27 Sep 2012	Past
Pramod Abcsdd	Nominee Director	01 Mar 2011	Past

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Financial Performance of Punjab State Industrial Development Corpn.

Punjab State Industrial Development Corpn Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 32.53% increase. The company also saw a substantial improvement in profitability, with a 24.3% increase in profit. The company's net worth moved up by a moderate rise of 3.74%.

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

********

32.53%

*******

Revenue from Operations

*******

137.96%

*******

Total Assets

*******

-6.24%

*******

Profit or Loss

*******

24.30%

*******

Net Worth

*******

3.74%

*******

EBITDA

*******

2464.03%

*******

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What is the Ownership and Shareholding Structure of Punjab State Industrial Development Corpn?

In 2021, Punjab State Industrial Development Corpn had a promoter 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)

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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How Many Employees Work at Punjab State Industrial Development Corpn?

Unlock and access historical data on people associated with Punjab State Industrial Development Corpn, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Punjab State Industrial Development Corpn, 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 Punjab State Industrial Development Corpn's trajectory.

Rating

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

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 Punjab State Industrial Development Corpn

Recent Activity within the Organization

Director Appointment

Progress on Dp Singh Kharbanda was appointed as a Nominee Director was appointed as a Nominee Director on 05 Dec 2023 & has been associated with this company since 2 years 2 months . was documented.
05 Dec 2023
Director Appointment

The activity Tejveer Singh was appointed as a Nominee Director was appointed as a Nominee Director on 04 Oct 2023 & has been associated with this company since 2 years 4 months . was completed.
04 Oct 2023
Director Appointment

The activity Baldeep Kaur was appointed as a Nominee Director was appointed as a Nominee Director on 08 Sep 2023 & has been associated with this company since 2 years 5 months . was completed.
08 Sep 2023
Director Appointment

The activity Parampal Kaur Sidhu was appointed as a Managing Director was appointed as a Managing Director on 24 Apr 2023 & has been associated with this company since 2 years 9 months . was completed.
24 Apr 2023
Director Appointment

The activity Jasvir Singh was appointed as a Nominee Director was appointed as a Nominee Director on 15 Mar 2023 & has been associated with this company since 2 years 11 months . was completed.
15 Mar 2023
Annual General Meeting

The activity Punjab State Industrial Development Corpn Limited last Annual general meeting of members was held on 28 Dec 2022 as per latest MCA records. was completed.
28 Dec 2022

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Frequently Asked Questions

What is the CIN of Punjab State Industrial Development Corpn Limited?

The CIN of Punjab State Industrial Development Corpn Limited is U70109CH1966SGC002629.

Where is Punjab State Industrial Development Corpn Limited headquartered?

Punjab State Industrial Development Corpn Limited is headquartered at Udyog Bhawan 18Himalaya Marg Sector 17, Chandigarh, Chandigarh, 160017.

When was Punjab State Industrial Development Corpn Limited incorporated?

Punjab State Industrial Development Corpn Limited was incorporated on 31 January 1966.

Who are the current directors of Punjab State Industrial Development Corpn Limited?

The current directors of Punjab State Industrial Development Corpn Limited are

What is the primary industry of Punjab State Industrial Development Corpn Limited?

The primary industry of Punjab State Industrial Development Corpn Limited is Financial And Insurance Service.

Is Punjab State Industrial Development Corpn Limited a listed company?

Punjab State Industrial Development Corpn Limited is unlisted.

What is the capital structure of Punjab State Industrial Development Corpn Limited?

The authorized capital of Punjab State Industrial Development Corpn Limited is ₹80.00 Cr, and the paid-up capital is ₹78.22 Cr.

What is the compliance status of Punjab State Industrial Development Corpn Limited?

The compliance status of Punjab State Industrial Development Corpn Limited is Compliant.

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