Tamilnadu Industrial Development Corporation Limited - Company Profile

It is a financial services public limited state government company based in Chennai 8, Tamil Nadu, India, established in 1965.

1965 Chennai 8, Tamil Nadu, India Active

Last Updated: December 22, 2025

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About Tamilnadu Industrial Development Corporation Limited

Tamilnadu Industrial Development Corporation Limited, a active public limited state government company, was established on 21 May 1965 in Chennai 8, Tamil Nadu, India. Engaging in investment & credit nbfc within the financial and insurance service sector, it holds CIN: U65993TN1965SGC005327. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1,250.00 Cr and a paid-up capital of ₹272.03 Cr.

Formerly known as Madras State Industrial Development Corporation Limited. It upholds a compliant status. Its leadership includes Udhayachandran Thangaraju (Nominee Director), Jaganathan Radhakrishnan (Nominee Director), Darez Ahamed (Nominee Director). Past directors included Atulya Misra, Anand Balagopalan, Sebastiar Susai. It holds ₹254.15 Cr open charges and ₹227.00 Cr settled loans. Its latest AGM occurred on 27 November 2024, with the balance sheet filed on 31 March 2024. It is based at 19 A Rukmini Lakshmi Pathy Road Egmore, Chennai 8, Tamil Nadu, 600008.

Company Details

CIN/LLPIN
U65993TN1965SGC005327
Registration Number
005327
Incorporation Date
21 May 1965
Authorized Capital
₹1,250.00 Cr
Paid-Up Capital
₹272.03 Cr
ROC Code
Roc Chennai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1,250.00 Cr as on 22-12-2025
Paid Up Capital ₹ 272.03 Cr as on 22-12-2025
Company Age 60 Year, 9 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 254.15 Cr as on 22-12-2025
Satisfied Charges ₹ 227.00 Cr as on 22-12-2025
Revenue Growth **** -12.01% (FY 2023)
Profit Growth **** -9.27% (FY 2023)
Ebitda **** 54.11% (FY 2023)
Net Worth -3.08% (FY 2023)
Total Assets -4.09% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Tamilnadu Industrial Development 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 Tamilnadu Industrial Development Corporation Limited?

Current Directors

Name	Designation	Appointment Date	Status
Udhayachandran Thangaraju	Nominee Director	29 May 2023	Current
Jaganathan Radhakrishnan	Nominee Director	15 Apr 2025	Current
Darez Ahamed	Nominee Director	11 Mar 2025	Current
Sandeep Nanduri	Managing Director	14 Oct 2023	Current
Pooja Kulkarni	Nominee Director	10 Sep 2024	Current
Mariam Pallavi Baldev	Nominee Director	10 Aug 2022	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Managing Director	01 Dec 2017	Past
Pramod Abcsdd	Managing Director	12 Dec 2011	Past
Pramod Abcsdd	Company Secretary	30 Sep 2008	Past
Pramod Abcsdd	Nominee Director	23 Nov 2007	Past
Pramod Abcsdd	Nominee Director	10 Aug 2022	Past
Pramod Abcsdd	Nominee Director	31 Jul 2019	Past

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Financial Performance of Tamilnadu Industrial Development Corporation.

Tamilnadu Industrial Development Corporation Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.01% decrease. The company also saw a slight decrease in profitability, with a 9.27% decrease in profit. The company's net worth dipped by a decrease of 3.08%.

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

********

-12.01%

*******

Revenue from Operations

*******

60.05%

*******

Total Assets

*******

-4.09%

*******

Profit or Loss

*******

-9.27%

*******

Net Worth

*******

-3.08%

*******

EBITDA

*******

54.11%

*******

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What is the Ownership and Shareholding Structure of Tamilnadu Industrial Development Corporation?

In 2023, Tamilnadu Industrial Development Corporation had a promoter holding of 100.00%. The company had 5 Subsidiaries and 23 Associate Companies. 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

₹2,541,476,705.00

Satisfied Charges

₹2,270,000,000.00

Charges Breakdown by Lending Institutions

Axis Bank Limited : 250.00 Cr
Tamil Nadu Transport Development Finance Corporation Ltd. : 2.00 Cr
State Bank Of India : 1.20 Cr
Punjab National Bank : 0.75 Cr
Housing Develpment Finance Corporation Ltd : 0.13 Cr
Others : 0.07 Cr

Latest Charge Details

Date	Lender	Amount	Status
07 Nov 2025	Axis Bank Limited	₹250.00 Cr	Open
08 Jul 1988	Indian Overseas Bank	₹0.22 M	Open
16 Aug 1983	Housing Develpment Finance Corporation Ltd	₹1.30 M	Open
29 Jun 1983	Tamil Nadu Transport Development Finance Corporation Ltd.	₹2.00 Cr	Open
14 Jun 1983	State Bank Of India	₹4.51 M	Open

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How Many Employees Work at Tamilnadu Industrial Development Corporation?

Unlock and access historical data on people associated with Tamilnadu Industrial Development Corporation, 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 Tamilnadu Industrial Development 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 Tamilnadu Industrial Development Corporation'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 Tamilnadu Industrial Development Corporation

Recent Activity within the Organization

Charges

The activity A charge with Axis Bank Limited amounted to Rs. 250.00 Cr with Charge ID 101193613 was registered on 07 Nov 2025. was completed.
07 Nov 2025
Director Appointment

Bhuvanesh was appointed as a Company Secretary was appointed as a Company Secretary on 28 Oct 2025 & has been associated with this company since 4 months 4 days . was recorded as a recent event.
28 Oct 2025
Director Appointment

Progress on Sweta Suman was appointed as a Director was appointed as a Director on 10 Sep 2025 & has been associated with this company since 5 months 21 days . was documented.
10 Sep 2025
Director Appointment

The activity Sellakkannu Velumani was appointed as a Additional Director was appointed as a Additional Director on 07 Jul 2025 & has been associated with this company since 7 months 25 days . was completed.
07 Jul 2025
Director Appointment

Progress on Raja Ganesan Chandramogan was appointed as a Additional Director was appointed as a Additional Director on 07 Jul 2025 & has been associated with this company since 7 months 25 days . was documented.
07 Jul 2025
Director Appointment

The activity Manjula was appointed as a Cfo was appointed as a Cfo on 29 May 2025 & has been associated with this company since 9 months 3 days . was completed.
29 May 2025

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