Tamilnadu Industrial Investment Corporation Profile
Key Indicators
- Authorised Capital ₹ 425.00 Cr
- Paid Up Capital ₹ 421.00 Cr
- Company Age 76 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2,735.05 Cr
- Satisfied Charges ₹ 770.00 Cr
- Revenue Growth 38.23%
- Profit Growth 64.15%
- Ebitda 69.59%
- Net Worth 11.18%
- Total Assets 19.54%
About Tamilnadu Industrial Investment Corporation
Tamilnadu Industrial Investment Corporation Limited (TIICL) was founded in India on 26 March 1949 and has a glorious history of 76 years and one month. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 425.00 Cr and a paid-up capital of Rs 421.00 Cr.
The company currently has active open charges totaling ₹2,735.05 Cr. The company has closed loans amounting to ₹770.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Tamilnadu Industrial Investment Corporation Limited India are Durairaj Devasir as COMPANY SECRETARY and Kathambari as Cfo. Arun Vijayakrishnan, Archana Patnaik, Mungamuru Saikumar, and Three other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U93090TN1949SGC001458
- Company No.
001458
- Company Classification
Public Limited State Government Company
- Incorporation Date
26 Mar 1949
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Financial Services
Tamilnadu Industrial Investment Corporation Limited
Explore comprehensive data for Tamilnadu Industrial Investment Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Tamilnadu Industrial Investment Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mungamuru Saikumar  | Managing Director | 16-Jul-2024 | Current |
| Durairaj Devasir | Company Secretary | 01-Apr-2015 | Current |
| Kathambari | CFO | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arun Vijayakrishnan | Nominee Director | 14-Sep-2007 | Current |
| Archana Patnaik | Nominee Director | 09-Jan-2024 | Current |
| Ganesan Thayalan | Nominee Director | 26-Sep-2024 | Current |
| Mariam Baldev | Nominee Director | 23-Sep-2022 | Current |
| Praveen Prabhakar | Nominee Director | 13-Aug-2024 | Current |
Financial Performance of Tamilnadu Industrial Investment Corporation.
Tamilnadu Industrial Investment Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.23% increase. The company also saw a substantial improvement in profitability, with a 64.15% increase in profit. The company's net worth Soared by an impressive increase of 11.18%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Tamilnadu Industrial Investment Corporation?
In 2023, Tamilnadu Industrial Investment Corporation had a promoter holding of 72.10% and a public holding of 27.91%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tneb LimitedMariam Baldev is a mutual person
Titan Company LimitedArun Vijayakrishnan and Mariam Baldev are mutual person
Tamil Nadu Power Distribution Corporation LimitedArun Vijayakrishnan is a mutual person
Tamilnadu Transmission Corporation LimitedMariam Baldev is a mutual person
Tamilnadu Trade Promotion OrganisationArun Vijayakrishnan is a mutual person
Tamilnadu Small Industries Corporation LimitedArchana Patnaik is a mutual person
Charges (Loans)
Open Charges
₹2,735.05 Cr
Satisfied Charges
₹770.00 Cr
Charges Breakdown by Lending Institutions
- Others : 1315.00 Cr
- Indian Overseas Bank : 500.00 Cr
- Indian Bank : 500.00 Cr
- State Bank Of India : 400.00 Cr
- Small Industries Development Bank Of India : 10.00 Cr
- Others : 10.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Aug 2024 | State Bank Of India | ₹200.00 Cr | Open |
| 19 Mar 2024 | Others | ₹200.00 Cr | Open |
| 10 Aug 2023 | Others | ₹200.00 Cr | Open |
| 10 Aug 2023 | Indian Overseas Bank | ₹200.00 Cr | Open |
| 17 Sep 2022 | Others | ₹200.00 Cr | Open |
How Many Employees Work at Tamilnadu Industrial Investment Corporation?
Unlock and access historical data on people associated with Tamilnadu Industrial Investment Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Tamilnadu Industrial Investment 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 Investment 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.
Latest Updates, News, and FAQs on Tamilnadu Industrial Investment Corporation
Recent activity within the organization
- Annual General Meeting
Tamilnadu Industrial Investment Corporation Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Ganesan Kalaiarasi Arun Sundar Thayalan was appointed as a Nominee Director was appointed as a Nominee Director on 26 Sep 2024 & has been associated with this company since 7 months 1 day .
- Director Appointment
Praveen Kumar Prabhakar was appointed as a Nominee Director was appointed as a Nominee Director on 13 Aug 2024 & has been associated with this company since 8 months 14 days .
- Charges
A charge with State Bank Of India amounted to Rs. 200.00 Cr with Charge ID 100959813 was registered on 07 Aug 2024.
- Director Appointment
Mungamuru Saikumar was appointed as a Managing Director was appointed as a Managing Director on 16 Jul 2024 & has been associated with this company since 9 months 12 days .
- Balance Sheet
Tamilnadu Industrial Investment Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Tamilnadu Industrial Investment Corporation Limited?
Tamilnadu Industrial Investment Corporation Limited was incorporated on 26 Mar 1949.
What is authorized share capital and paid-up capital of Tamilnadu Industrial Investment Corporation Limited?
The authorized share capital of Tamilnadu Industrial Investment Corporation Limited is ₹ 425.00 Cr and paid-up capital is ₹ 421.00 Cr.
Who are the current board members & directors of Tamilnadu Industrial Investment Corporation Limited?
Currently 8 directors are associated with Tamilnadu Industrial Investment Corporation Limited.
- Arun Roy Vijayakrishnan
- Archana Patnaik
- Mungamuru Saikumar
- Ganesan Kalaiarasi Arun Sundar Thayalan
- Mariam Pallavi Baldev
- Praveen Kumar Prabhakar
- Durairaj Devasir
- Kathambari
What is the registered address of Tamilnadu Industrial Investment Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Tamilnadu Industrial Investment Corporation Limited is No.692 Anna Salai, Nandanam India, Chennai, Tamil Nadu, 600035.
What is the corporate identification number (CIN) and company number of Tamilnadu Industrial Investment Corporation Limited?
The corporate identification number (CIN) of Tamilnadu Industrial Investment Corporation Limited is U93090TN1949SGC001458 and the company number is 001458 as per Ministry of Corporate Affairs (MCA).
What is the official website of Tamilnadu Industrial Investment Corporation Limited?
The Official website of Tamilnadu Industrial Investment Corporation Limited is https://www.tiic.org
What has been the recent revenue trend for Tamilnadu Industrial Investment Corporation Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Tamilnadu Industrial Investment Corporation Limited has risen by 38.23%.
What change has been observed in the net worth of Tamilnadu Industrial Investment Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Tamilnadu Industrial Investment Corporation Limited has experienced an upsurge of 11.18%.
What are the total open charges for Tamilnadu Industrial Investment Corporation Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Tamilnadu Industrial Investment Corporation Limited amount to ₹ 2,735.05 Cr.
When was the last Balance Sheet of Tamilnadu Industrial Investment Corporation Limited filed with the ROC?
The most recent Balance Sheet for Tamilnadu Industrial Investment Corporation Limited was filed with the ROC on 31 Mar 2024.
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