State Industries Promotion Corporation Of Tamilnadu Limited logo

State Industries Promotion Corporation Of Tamilnadu Limited

Develops and manages industrial complexes and provides infrastructure for industries in Tamil Nadu.

1971 Chennai, Tamil Nadu (India) Active

About

Basic Data Updated:

27 days ago

"Welcome to the world of State Industries Promotion Corporation of Tamilnadu Limited (SIPCTL), a leading organization dedicated to promoting industrial growth in the state of Tamil Nadu. With a strong focus on establishing, developing, and managing industrial complexes, parks, and growth centers, SIPCTL plays a crucial role in providing essential infrastructure facilities for industries to thrive. Since its inception in 1971, the company has successfully developed 24 industrial complexes in 15 districts and 6 sector-specific special economic zones, making it a key player in the state's industrial landscape. As a Nodal Agency of the Government of Tamil Nadu, SIPCTL also plays a pivotal role in facilitating the sanction and disbursement of structured assistance packages to large industrial units. With a clear vision and unwavering commitment, SIPCTL continues to drive economic growth and development in Tamil Nadu."

Industry

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU74999TN1971SGC005967
Company No.005967
Company ClassificationPublic Limited State Government Company
Incorporation Date25 Mar 1971
Date of AGM27 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Chennai

Financials of State Industries Promotion Corporation Of Tamilnadu Limited

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State Industries Promotion Corporation Of Tamilnadu Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 160.07% increase. The company also saw a substantial improvement in profitability, with a 63.32% increase in profit. The company's net worth Soared by an impressive increase of 27.91%.

Corporate Structure

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People in State Industries Promotion Corporation Of Tamilnadu Limited

Executive Team (3)

  • KS

    Krishnan Senthilraj In Managing Director

    Status: Current

  • SM

    Shanthi Mg Company Secretary

    Appointment Date: 10-Nov-2013

    Status: Current

  • SR

    Shunmuga Revathy CFO

    Appointment Date: 29-Nov-2021

    Status: Current

Board Members(14)

Charges (Loans)

Open Charges Satisfied Charges

₹498.22 cr

₹35.00 cr

LenderAmountStatus

State Bank Of India

Creation Date: 26 Jun 2023
₹498.00 CrOpen

Housing Development Finance Copr. Ltd.

Creation Date: 26 Nov 1998
₹2.24 MOpen

Small Ind. Development Bank Of India

Creation Date: 25 Jan 2001
₹35.00 CrSatisfied

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Annual General Meeting

    State Industries Promotion Corporation Of Tamilnadu Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023
  • Activity

    Charges

    A charge with State Bank Of India amounted to Rs. 498.00 cr with Charge ID 100741996 was registered on 26 Jun 2023.

    26 Jun 2023
  • Activity

    Director Appointment

    Raman Manivannan was appointed as a Director was appointed as a Director on 01 Jun 2023 & has been associated with this company since 1 year 10 days .

    01 Jun 2023
  • Activity

    Balance Sheet

    State Industries Promotion Corporation Of Tamilnadu Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023
  • Activity

    Director Appointment

    Venugopalan Nair Vishnu was appointed as a Director was appointed as a Director on 25 Mar 2023 & has been associated with this company since 1 year 2 months .

    25 Mar 2023

Frequently asked questions

What is the Incorporation or founding date of State Industries Promotion Corporation Of Tamilnadu Limited?

State Industries Promotion Corporation Of Tamilnadu Limited was incorporated 53 years 2 months ago on 25 Mar 1971 with Registrar of Companies Roc Chennai.

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