State Industries Promotion Corporation Of Tamilnadu Limited - Company Profile

It is a infrastructure and utilities public limited state government company based in Madras, Tamil Nadu, India, established in 1971.

1971 Madras, Tamil Nadu, India Active

Last Updated: January 05, 2026

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About State Industries Promotion Corporation Of Tamilnadu Limited

State Industries Promotion Corporation Of Tamilnadu Limited, a active public limited state government company, was established on 25 March 1971 in Madras, Tamil Nadu, India. Engaging in general infrastructure services within the public services by government agencies sector, it holds CIN: U74999TN1971SGC005967. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹150.00 Cr and a paid-up capital of ₹114.18 Cr.

It upholds a compliant status. Its leadership includes Darez Ahamed (Director), Kumar Jayant (Director), Prashant Mukund Wadnere (Director). Past directors included Atulya Misra, Sundaramurthi Gopalan, Udhayachandran Thangaraju. It holds ₹598.00 Cr open charges and ₹35.22 Cr settled loans. Its latest AGM occurred on 04 November 2024, with the balance sheet filed on 31 March 2024. It is based at 19-A ,Rukmani Lakshmipathy Road, Egmore,, Madras, Tamil Nadu, 600008.

Company Details

CIN/LLPIN
U74999TN1971SGC005967
Registration Number
005967
Incorporation Date
25 March 1971
Authorized Capital
₹150.00 Cr
Paid-Up Capital
₹114.18 Cr
ROC Code
Roc Chennai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 150.00 Cr as on 05-01-2026
Paid Up Capital ₹ 114.18 Cr as on 05-01-2026
Company Age 54 Year, 11 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 598.00 Cr as on 05-01-2026
Satisfied Charges ₹ 35.22 Cr as on 05-01-2026

Comprehensive Company Insights

Explore comprehensive insights into State Industries Promotion Corporation Of Tamilnadu 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 State Industries Promotion Corporation Of Tamilnadu Limited?

Current Directors

Name	Designation	Appointment Date	Status
Darez Ahamed	Director	20 Feb 2025	Current
Kumar Jayant	Director	05 Jun 2025	Current
Prashant Mukund Wadnere	Director	08 Jul 2025	Current
Sandeep Nanduri	Director	09 Nov 2023	Current
Lakshmana Nirmalraj Perumal	Director	26 Oct 2023	Current
Jebamalar Abraham	Director	30 May 2019	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	07 Feb 2018	Past
Pramod Abcsdd	Director	28 Sep 2010	Past
Pramod Abcsdd	Director	27 Nov 2013	Past
Pramod Abcsdd	Director	03 Dec 2011	Past
Pramod Abcsdd	Director	10 Oct 2019	Past
Pramod Abcsdd	Director	30 May 2014	Past

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Financial Performance of State Industries Promotion Corporation Of Tamilnadu.

State Industries Promotion Corporation Of Tamilnadu Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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

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What is the Ownership and Shareholding Structure of State Industries Promotion Corporation Of Tamilnadu?

In 2023, State Industries Promotion Corporation Of Tamilnadu had a promoter holding of 100.00%. The company had 2 Subsidiaries and 1 Associate company. 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

₹5,980,000,000.00

Satisfied Charges

₹352,240,000.00

Charges Breakdown by Lending Institutions

State Bank Of India : 498.00 Cr
Others : 100.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
26 Jun 2025	Others	₹100.00 Cr	Open
26 Jun 2023	State Bank Of India	₹498.00 Cr	Open
25 Jan 2001	Small Ind. Development Bank Of India	₹35.00 Cr	Satisfied
26 Nov 1981	Housing Development Finance Copr. Ltd.	₹2.24 M	Satisfied

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How Many Employees Work at State Industries Promotion Corporation Of Tamilnadu?

Unlock and access historical data on people associated with State Industries Promotion Corporation Of Tamilnadu, 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 State Industries Promotion Corporation Of Tamilnadu, 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 State Industries Promotion Corporation Of Tamilnadu'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 State Industries Promotion Corporation Of Tamilnadu

Recent Activity within the Organization

Director Appointment

The activity Selvakumar was appointed as a Director was appointed as a Director on 22 Oct 2025 & has been associated with this company since 4 months 11 days . was completed.
22 Oct 2025
Director Appointment

Alex Catherine Saranya was appointed as a Director was appointed as a Director on 23 Jul 2025 & has been associated with this company since 7 months 10 days . was recorded as a recent event.
23 Jul 2025
Director Appointment

Prashant Mukund Wadnere was appointed as a Director was appointed as a Director on 08 Jul 2025 & has been associated with this company since 7 months 25 days . was recorded as a recent event.
08 Jul 2025
Charges

The activity A charge with Others amounted to Rs. 100.00 Cr with Charge ID 101149789 was registered on 26 Jun 2025. was completed.
26 Jun 2025
Director Appointment

Kumar Jayant was appointed as a Director was appointed as a Director on 05 Jun 2025 & has been associated with this company since 8 months 27 days . was recorded as a recent event.
05 Jun 2025
Director Appointment

Progress on Darez Ahamed was appointed as a Director was appointed as a Director on 20 Feb 2025 & has been associated with this company since 1 year 10 days . was documented.
20 Feb 2025

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