The Industrial Development Corporation Of Odisha Limited - Company Profile

It is a manufacturing public limited state government company based in Khurda, Orissa, India, established in 1962.
1962 Khurda, Orissa, India Amalgamated
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About The Industrial Development Corporation Of Odisha Limited

The Industrial Development Corporation Of Odisha Limited, a amalgamated public limited state government company, was established on 29 March 1962 in Khurda, Orissa, India. Engaging in cable & wire within the mining and quarrying sector, it holds CIN: U45201OR1962SGC000433. Registered under ROC Roc Cuttack. it is unlisted. It has an authorized capital of ₹305.00 Cr and a paid-up capital of ₹107.12 Cr.

Formerly known as Industrial Development Corporation Of Orissa Ltd. It upholds a compliant status. Its leadership includes Premjit Nayak (Nominee Director), Yudhisthir Nayak (Nominee Director), Narendra Kumar Nanda (Director). Past directors included Rabindra Nath Dash, Bijoy Kumar Panda, Pradeep Kumar Biswal. It holds no open charges and ₹11.26 Cr settled loans. Its latest AGM occurred on 28 September 2022, with the balance sheet filed on 31 March 2022. It is based at Idcol House Ashok Nagarbhubaneswar, Khurda, Orissa.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U45201OR1962SGC000433

  • Registration Number

    000433

  • Incorporation Date

    29 March 1962

  • Authorized Capital

    ₹305.00 Cr

  • Paid-Up Capital

    ₹107.12 Cr

  • ROC Code

    Roc Cuttack

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 305.00 Cr
  • Paid Up Capital ₹ 107.12 Cr
  • Company Age 63 Year, 11 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 11.26 Cr
  • Revenue Growth **** 70.75%
  • Profit Growth **** -6025.50%
  • Ebitda **** 24.89%
  • Net Worth -29807.31%
  • Total Assets **** 26.31%
Company report

The Industrial Development Corporation Of Odisha Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into The Industrial Development Corporation Of Odisha 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 The Industrial Development Corporation Of Odisha Limited?
Current Directors
Name Designation Appointment Date Status
Premjit Nayak Nominee Director 08 Mar 2022 Current
Yudhisthir Nayak Nominee Director 17 Jun 2022 Current
Narendra Kumar Nanda Director 16 Dec 2022 Current
Shaijal Jain Company Secretary 14 Oct 2020 Current
Balwant Singh Managing Director 16 Jun 2021 Current
Deoranjan Kumar Singh Director 02 Aug 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 26 Sep 2007 Past
Pramod Abcsdd Director 18 Jun 2010 Past
Pramod Abcsdd Director 05 Nov 2014 Past
Pramod Abcsdd Director 31 Aug 2013 Past
Pramod Abcsdd Director 11 Jul 2018 Past
Pramod Abcsdd Director 20 Jan 2012 Past

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Financial Performance of The Industrial Development Corporation Of Odisha.

The Industrial Development Corporation Of Odisha Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 70.75% increase. The company also saw a substantial fall in profitability, with a 6025.5% decrease in profit. The company's net worth observed a substantial decline by a decrease of 29807.31%.

The Industrial Development Corporation Of Odisha revenue growth over time
The Industrial Development Corporation Of Odisha profit and loss trends over time
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
  • 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
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 70.75%
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Revenue from Operations
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 71.61%
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*******
Total Assets
*******
 26.31%
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*******
Profit or Loss
*******
 -6025.50%
*******
*******
*******
*******
Net Worth
*******
 -29807.31%
*******
*******
*******
*******
EBITDA
*******
 24.89%
*******
*******
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What is the Ownership and Shareholding Structure of The Industrial Development Corporation Of Odisha?

In 2021, The Industrial Development Corporation Of Odisha had a promoter holding of 100.00%. The company had 3 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)
shareholding
  • 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

₹0

Satisfied Charges

₹112,564,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 11.26 Cr
Latest Charge Details
Date Lender Amount Status
26 Jul 2005 State Bank Of India ₹11.26 Cr Satisfied

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How Many Employees Work at The Industrial Development Corporation Of Odisha?

Unlock and access historical data on people associated with The Industrial Development Corporation Of Odisha, 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
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The Industrial Development Corporation Of Odisha, 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 The Industrial Development Corporation Of Odisha's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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 The Industrial Development Corporation Of Odisha
Recent Activity within the Organization
  • Director Appointment

    Narendra Kumar Nanda was appointed as a Director was appointed as a Director on 16 Dec 2022 & has been associated with this company since 3 years 2 months . was recorded as a recent event.

  • Director Appointment

    Progress on Siva Prasada Padhi was appointed as a Director was appointed as a Director on 16 Dec 2022 & has been associated with this company since 3 years 2 months . was documented.

  • Director Appointment

    Progress on Rajesh Gopalan Nair was appointed as a Nominee Director was appointed as a Nominee Director on 14 Nov 2022 & has been associated with this company since 3 years 3 months . was documented.

  • Annual General Meeting

    Progress on The Industrial Development Corporation Of Odisha Limited last Annual general meeting of members was held on 28 Sep 2022 as per latest MCA records. was documented.

  • Director Appointment

    Progress on Yudhisthir Nayak was appointed as a Nominee Director was appointed as a Nominee Director on 17 Jun 2022 & has been associated with this company since 3 years 8 months . was documented.

  • Balance Sheet

    Progress on The Industrial Development Corporation Of Odisha Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Cuttack. was documented.

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Frequently Asked Questions
What is the CIN of The Industrial Development Corporation Of Odisha Limited?

The CIN of The Industrial Development Corporation Of Odisha Limited is U45201OR1962SGC000433.

Where is The Industrial Development Corporation Of Odisha Limited headquartered?

The Industrial Development Corporation Of Odisha Limited is headquartered at Idcol House Ashok Nagarbhubaneswar, Khurda, Orissa.

When was The Industrial Development Corporation Of Odisha Limited incorporated?

The Industrial Development Corporation Of Odisha Limited was incorporated on 29 March 1962.

Who are the current directors of The Industrial Development Corporation Of Odisha Limited?

The current directors of The Industrial Development Corporation Of Odisha Limited are

What is the primary industry of The Industrial Development Corporation Of Odisha Limited?

The primary industry of The Industrial Development Corporation Of Odisha Limited is Mining And Quarrying.

Is The Industrial Development Corporation Of Odisha Limited a listed company?

The Industrial Development Corporation Of Odisha Limited is unlisted.

What is the capital structure of The Industrial Development Corporation Of Odisha Limited?

The authorized capital of The Industrial Development Corporation Of Odisha Limited is ₹305.00 Cr, and the paid-up capital is ₹107.12 Cr.

What is the compliance status of The Industrial Development Corporation Of Odisha Limited?

The compliance status of The Industrial Development Corporation Of Odisha Limited is Compliant.

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