West Bengal Industrial Development Corpn Ltd

West Bengal Industrial Development Corpn Ltd - financial services in Kolkata, West Bengal, India. FY 2026 financials and compliance.
CIN U75142WB1967SGC026988 Incorporated 06 January 1967 ROC Kolkata HQ Kolkata, West Bengal, India
Active Public Limited State Government Company financial services
Data last updated
Revenue · FY 2024
₹156.35 Cr
▲ 24.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹2,000 Cr
Registered with MCA
Paid-up capital
₹435.93 Cr
Issued & subscribed
Open charges
None
Satisfied ₹405 Cr
Company age
59 yrs
Est. 1967
Employees · EPFO
76
Latest available

About West Bengal Industrial Development Corpn Ltd

Data last updated: 11 January 2026

West Bengal Industrial Development Corpn Ltd is a public limited state government company based in Kolkata, West Bengal, India. It specialises in investment and credit NBFC, a part of the broader financial services sector. Incorporated on 06 January 1967, the company has been in operation for over 59 years.

Registered with ROC Kolkata under CIN U75142WB1967SGC026988.

Capital: an authorised share capital of ₹2,000 Cr and a paid-up capital of ₹435.93 Cr. It is led by directors including Chandra Kumar Dhanuka and Chandrajit Banerjee.

Last AGM: 31 December 2024. Financial statements filed for year ended 31 March 2024. Office: Protiti23Abanindranaththakursarani, Kolkata, West Bengal, India – 700017.

As per the financials filed for FY 2024, the company reported a revenue of ₹156.35 Cr, a growth of 24% compared to the previous year.

The company has a workforce of approximately 76 employees as per the latest available data. Its group structure includes 1 subsidiary and 2 joint ventures.

The company is associated with 1 brand - West Bengal Industrial Development Corporation. As per MCA filings, the company has satisfied charges of ₹405 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wbidc.com.

Company Details of West Bengal Industrial Development Corpn Ltd
CIN U75142WB1967SGC026988
Registration Number 026988
Incorporation Date 06 January 1967
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    Protiti23Abanindranaththakursarani, Kolkata, West Bengal, India – 700017
  • Industry
    Financial Services, Investment & Credit NBFC, NBFC
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  • Historical Financials and ratios
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Financials, compliance, directors, charges, ownership and filings for West Bengal Industrial Development Corpn Ltd in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of West Bengal Industrial Development Corpn Ltd

West Bengal Industrial Development Corpn Ltd has one previous CIN (Corporate Identification Number): U75142WB1967PTC026988. The current CIN is U75142WB1967SGC026988, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U75142WB1967SGC026988 Current
U75142WB1967PTC026988 Previous

Associated Brands with West Bengal Industrial Development Corpn Ltd

West Bengal Industrial Development Corpn Ltd operates one associated brand: West Bengal Industrial Development Corporation. These brands represent West Bengal Industrial Development Corpn Ltd's diversified market presence and brand portfolio.

Brand Description Website
Promotes investment, infrastructure, and industrial parks in West Bengal. wbidc.com

Competitors & Alternatives of West Bengal Industrial Development Corpn Ltd

Brands and companies operating in the same space as West Bengal Industrial Development Corpn Ltd include Manappuram Finance, L & T Finance Holdings, Bajaj Finserv and 6 more.

Competitor Description Location Founded
Manappuram Finance Manappuram Finance Consumer and SME loans are provided by Manappuram Finance. Valapad, India, India 1992
L & T Finance Holdings L & T Finance Holdings Diversified lending services are provided as a non-banking financial institution. Mumbai, India, India 1994
Bajaj Finserv Bajaj Finserv Financial solutions including loans and insurance are offered. Pune, India, India 2007
Northern Arc Capital Northern Arc Capital Household and business loans are provided with risk management support. Chennai, India, India 2006
IIFL Finance IIFL Finance Online gold, home, personal, and business loans are provided. Mumbai, India, India 1995
Mahindra Finance Mahindra Finance Consumer and SME loans are provided by Mahindra Finance. Mumbai, India, India 1991
Hero Fincorp Hero Fincorp 2-wheeler loans and consumer/business financing are provided by Hero Fincorp. Delhi, India, India 1991
Kinara Capital Kinara Capital Collateral-free loans are provided to MSMEs for business operations. Bengaluru, India, India 2011
Dvara KGFS Dvara KGFS Loans for consumers and SMEs are provided alongside financial services. Chennai, India, India 2008

Business Activity of West Bengal Industrial Development Corpn Ltd

West Bengal Industrial Development Corpn Ltd is engaged in the principal business activity of real estate, with detailed activities including real estate activities with own or leased property.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
L Real Estate L1 Real estate activities with own or leased property Locked
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Auditor Details of West Bengal Industrial Development Corpn Ltd

West Bengal Industrial Development Corpn Ltd is audited by Surana Naveen Vikash & Co for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
Surana Naveen Vikash & Co Locked Locked Locked
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Complete auditor history for West Bengal Industrial Development Corpn Ltd

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Board of Directors of West Bengal Industrial Development Corpn Ltd

West Bengal Industrial Development Corpn Ltd is currently managed by 11 directors, with 67 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors

Financials of West Bengal Industrial Development Corpn Ltd FY 2024 filings available

West Bengal Industrial Development Corpn Ltd reported revenue of ₹156.35 Cr (up 24.00% YoY) for FY 2024.

Revenue · FY 2024
₹156.35 Cr ▲ 24.00%
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Ten-year financial statements for West Bengal Industrial Development Corpn Ltd

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Ownership and Shareholding of West Bengal Industrial Development Corpn Ltd

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Shareholding and ownership data for West Bengal Industrial Development Corpn Ltd

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Group Structure of West Bengal Industrial Development Corpn Ltd

West Bengal Industrial Development Corpn Ltd has 1 subsidiary company, 2 joint ventures, and 3 associated companies. This group structure data is as of FY 2023. The corporate group structure reflects West Bengal Industrial Development Corpn Ltd's business expansion strategy and organizational complexity.

1
Subsidiary companies
2
Joint ventures
3
Associated companies
Key Subsidiaries
Company Name CIN Shares Held
West Bengal Trade Promotion Organisation U91110WB2003NPL097201 Locked

Showing major subsidiaries. Total: 1.

Charges & Borrowings of West Bengal Industrial Development Corpn Ltd

Open charges
₹0
Satisfied charges
₹405 Cr
Breakdown by lending institutions
Bank of Baroda₹275.00 Cr
Canara Bank₹50.00 Cr
Allahabad Bank₹50.00 Cr
State Bank of India₹30.00 Cr
Latest charge details
DateLenderAmountStatus
24 Feb 2010 Allahabad Bank ₹50 Cr Satisfied
24 Jul 2009 Canara Bank ₹50 Cr Satisfied
30 Jun 2009 Bank of Baroda ₹150 Cr Satisfied
02 Jan 2008 Bank of Baroda ₹125 Cr Satisfied
17 Mar 2005 State Bank of India ₹30 Cr Satisfied

Total charge records: 5 View all charges

Employees and EPFO Compliance at West Bengal Industrial Development Corpn Ltd

West Bengal Industrial Development Corpn Ltd has a workforce of 76 employees as of Apr 06, 2024.

Employee count
76
Active EPFO establishments
2
Employee growth
-5%
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Employee and EPFO history for West Bengal Industrial Development Corpn Ltd

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GST Compliance of West Bengal Industrial Development Corpn Ltd

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GST registrations and filing compliance for West Bengal Industrial Development Corpn Ltd

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Credit Ratings, Litigation & Regulatory Alerts for West Bengal Industrial Development Corpn Ltd

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Credit ratings, litigation, and regulatory alerts for West Bengal Industrial Development Corpn Ltd

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MSME Payment Delays by West Bengal Industrial Development Corpn Ltd

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MSME payment history for West Bengal Industrial Development Corpn Ltd

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Subsidiaries & Group Companies of West Bengal Industrial Development Corpn Ltd

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Corporate group structure for West Bengal Industrial Development Corpn Ltd

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MCA Filings & Documents of West Bengal Industrial Development Corpn Ltd

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MCA filings and documents for West Bengal Industrial Development Corpn Ltd

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Recent Activity on West Bengal Industrial Development Corpn Ltd

Activity
31 Dec 2024
West Bengal Industrial Development Corpn Ltd last Annual general meeting of members was held on 31 Dec 2024 as per latest MCA records.
Directors
04 Sep 2024
Vandana Yadav was appointed as a Managing Director on 04 Sep 2024 & has been associated with this company since 1 year 10 months.
Directors
04 Sep 2024
Alapan Bandyopadhyay was appointed as a Director on 04 Sep 2024 & has been associated with this company since 1 year 10 months.
Directors
10 May 2024
Chandra Kumar Dhanuka was appointed as a Director on 10 May 2024 & has been associated with this company since 2 years 2 months.
Activity
31 Mar 2024
West Bengal Industrial Development Corpn Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Directors
15 Mar 2024
Prosanta Nandy was appointed as a Cfo on 15 Mar 2024 & has been associated with this company since 2 years 4 months.

Recent News on West Bengal Industrial Development Corpn Ltd

Frequently Asked Questions about West Bengal Industrial Development Corpn Ltd

West Bengal Industrial Development Corpn Ltd is an active public limited state government company in the financial services sector based in Kolkata, West Bengal, India. It was incorporated on 06 January 1967 (59+ years old) and is registered under CIN U75142WB1967SGC026988. The company has 76 employees.

West Bengal Industrial Development Corpn Ltd reported revenue of ₹156.35 Cr for FY 2024 (up 24.00% YoY).

The current directors of West Bengal Industrial Development Corpn Ltd are:

The primary industry of West Bengal Industrial Development Corpn Ltd is financial services. The company specifically operates in investment and credit nbfc. The company is currently active in this sector.

West Bengal Industrial Development Corpn Ltd can be reached at the registered office: Protiti23Abanindranaththakursarani, Kolkata, West Bengal, India – 700017, or through the website wbidc.com.

The authorised capital is ₹2,000 Cr, and the paid-up capital is ₹435.93 Cr.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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