Tamilnadu Industrial Development Corporation Limited - Company overview

Tidco was incorporated on 21 May 1965 and is registered with ROC Chennai.

1965-05-21 Chennai 8, Tamil Nadu Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹100–500 Cr
▲ 24.4%
FY 2025
PROFIT / LOSS
₹100–500 Cr
▲ 10.2%
FY 2025
EBITDA
₹100–500 Cr
▲ 19.4%
FY 2025
NET WORTH
₹1000+ Cr
▲ 12.8%
FY 2025
TOTAL ASSETS
₹1000+ Cr
▲ 18.7%
FY 2025
OPEN CHARGES
8
-
PAID-UP CAPITAL
272.03 cr
AUTHORISED CAPITAL
1,250.00 cr
COMPANY AGE
61 Years 4 Months
since 1965-05-21
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-11-27
ACTIVE GST
1
Updated: 2023-10-19 23:20:34
SATISFIED CHARGES
1
227.00 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Tidco covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
57/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (25), financial health (95), director (30) and company-foundation signals.
  • Operating for 61+ years.
Compliance Score High risk
25/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2024 - filings look overdue.
Financial Health Score Low risk
95/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2025.
  • Positive net worth.
Director Risk Score High risk
30/100
Board strength, DIN status and churn.
  • 14 directors on the board.
  • Director JAGANATHAN RADHAKRISHNAN has DIN status "Deactivated".
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Tidco Company identity, industry, contact, and registration details from MCA and company records.

Tidco was incorporated on 21 May 1965 and is registered with ROC Chennai. It is an active state government company, now more than 61 years old. Its registered office is at 19 A Rukmini Lakshmi Pathy Road Egmore, Chennai 8, Tamil Nadu. It was earlier known as Madras State Industrial Development Corporation Limited.

Its filings describe the main line of business as other financial activities, which made up 100% of turnover.

It has 14 directors: Udhayachandran Thangaraju, Jaganathan Radhakrishnan, Darez Ahamed and 11 others. The longest-serving is Mariam Pallavi Baldev, on the board since 2022; the most recent to join is Bhuvanesh, appointed in October 2025. Sandeep Nanduri is the managing director. 78 former directors are on record; the most recent to leave was Roopa Ravikumar in July 2025. Between them, the directors also sit on the boards of 19 other companies, including State Industries Promotion Corporation Of Tamilnadu Limited and Tamilnadu Transmission Corporation Limited.

Paid-up capital stands at ₹272 crore out of ₹1250 crore authorised. The last AGM on record was on 27 November 2024, for accounts made up to 31 March 2024. Nothing newer than 2024 shows up here, so it is worth checking the MCA portal for later filings. Eight charges (secured loans) are still open, with Axis Bank Limited and Indian Overseas Bank among the lenders, and one more has been paid off.

Financial Services •••••••• ••••••••
  • Location 19 A Rukmini Lakshmi Pathy Road Egmore, Chennai 8, Tamil Nadu - 600008
  • Website tidco.com
Name History
Legal NameTamilnadu Industrial Development Corporation Limited
CIN / LLPINU65993TN1965SGC005327
Company No.005327
ClassificationPublic Limited State Government Company
Incorporation Date1965-05-21
Date of AGM2024-11-27
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Chennai
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Tidco (14) Current board members from MCA filings, including designation and appointment details.

U
Nominee Director | Since 2023-05-29 | DIN: 02357295
J
Nominee Director | Since 2025-04-15 | DIN: 00679734
D
Nominee Director | Since 2025-03-11 | DIN: 07529710
S
Managing Director | Since 2023-10-14 | DIN: 07511216
P
Nominee Director | Since 2024-09-10 | DIN: 02783673
M
Nominee Director | Since 2022-08-10 | DIN: 09281201

Financial Performance of Tidco Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2025
Revenue ₹100–500 Cr ▲ 24.4%
P&L ₹100–500 Cr ▲ 10.2%
EBITDA ₹100–500 Cr ▲ 19.4%
Net worth ₹1000+ Cr ▲ 12.8%

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Charges of Tidco Open and satisfied charges registered against the company with MCA.

Axis Bank Limited : 250.00 cr
Indian Bank : 227.00 cr
Tamil Nadu Transport Development Finance Corporation Ltd. : 2.00 cr
Housing Develpment Finance Corporation Ltd : 13.00 Lakh
Indian Overseas Bank : 2.16 Lakh
Open Charges: 8 Satisfied Charges: 1
Open -
Satisfied 227.00 cr
LenderAmountStatus
Axis Bank Limited
Creation Date: 07 Nov 2025
250.00 cr Open
Indian Bank
Creation Date: 22 Aug 2007
227.00 cr Closed
Indian Overseas Bank
Creation Date: 08 Jul 1988
2.16 Lakh Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Financial and insurance ServiceOther financial activities100

Companies With Common Directors Of Tidco Other companies that share directors with this entity, based on MCA and compliance network data.

Financial Ratios of Tidco Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Tidco Ownership and contribution detail from filings. Full breakdown unlocks with your report.

9 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Tidco EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Tidco GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Tidco Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

1 regulatory flag on record

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Tidco MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of Tidco Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

5 subsidiaries on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Tidco Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Tidco Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Tidco?
MCA does not publish an "owner" field. Tidco is run by its directors, Udhayachandran Thangaraju, Jaganathan Radhakrishnan, Darez Ahamed and 11 others, with Sandeep Nanduri as managing director. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Tidco?
Tidco has 14 current directors: Udhayachandran Thangaraju (since May 2023), Jaganathan Radhakrishnan (since April 2025), Darez Ahamed (since March 2025), Sandeep Nanduri (since October 2023), Pooja Kulkarni (since September 2024) and Mariam Pallavi Baldev (since August 2022), plus 8 more. Sandeep Nanduri is the managing director.
What is CIN of Tidco?
The CIN of Tidco is U65993TN1965SGC005327. Reading it left to right: U means it is not listed, 65993 is the industry code it registered under, TN is Tamil Nadu, 1965 is the year it was registered, SGC is the company type and 005327 is its registration number.
When was Tidco incorporated?
Tidco was incorporated on 21 May 1965 with ROC Chennai. That makes it more than 61 years old.
What is the registered address of Tidco?
The registered office on MCA records is 19 A Rukmini Lakshmi Pathy Road Egmore, Chennai 8, Tamil Nadu - 600008.
What is the current status of Tidco?
MCA shows Tidco as Active, and its last AGM on record was in November 2024.
What is the contact number or email for Tidco?
You can post to its registered office at 19 A Rukmini Lakshmi Pathy Road Egmore, Chennai 8, Tamil Nadu - 600008 and use its website, https://tidco.com.
What industry or business activity is Tidco associated with?
Its MCA filings list the main business as other financial activities (100% of turnover).
What is paid-up capital and authorised share capital of Tidco?
Paid-up capital is ₹272 crore and authorised capital is ₹1250 crore, so about 22% of the authorised amount has been issued.
When did Tidco last file accounts and hold an AGM?
The last AGM on record was on 27 November 2024, and the latest balance sheet is for the year ending 31 March 2024. Nothing newer than 2024 shows up, so check the MCA portal for later filings.
Where can I see charges and lenders for Tidco?
Eight charges against Tidco are still open and one has been satisfied. Lenders named in the filings include Axis Bank Limited, Indian Bank and Indian Overseas Bank.
Have any directors left Tidco?
Yes, 78 former directors are on record. The most recent to leave were Roopa Ravikumar (July 2025), Sneha Divakaran (July 2025) and Nanthakumar Karuppannan (April 2025).
Which companies share directors with Tidco?
19 companies share directors with Tidco. Among them are State Industries Promotion Corporation Of Tamilnadu Limited, Tamilnadu Transmission Corporation Limited, Tneb Limited and 16 more.
What is the turnover or revenue of Tidco?
Based on filed financial statements, the revenue of Tidco for FY 2025 was in the ₹100–500 Cr range. That is up 24.4% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Tidco?
For FY 2025, the net worth of Tidco was in the ₹1000+ Cr range.
How can I get the financial details of Tidco?
The latest accounts on record are for FY 2025. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Tidco?
The website on record for Tidco is https://tidco.com.
Which company owns tidco.com?
tidco.com is the website listed for Tamilnadu Industrial Development Corporation Limited in its company records.
Tidco - is it listed or unlisted?
Tidco is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Tidco?
Tidco is registered with ROC Chennai.
What is the company classification of Tidco?
MCA classifies Tidco as: Public Limited State Government Company.
Does Tidco have subsidiaries?
Yes, 5 subsidiaries are on record for Tidco.
Does Tidco have GST registrations on file?
Yes, one active GST registration is linked to Tidco.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.