Learn, Analyse & Invest
only with
only with
+91
Download Orca
ICDS Ltd.
ICDS
₹ 0.00
0.00 (0.00)%
NSE
BSE
Finance
Small-cap - With a market cap of ₹50.48 Cr.
Subsidiaries
No Subsidiaries Data available
Management
1. Sujir Prabhakar
Chairman & Managing Director
1. Sujir Prabhakar
Chairman & Managing Director
2. T Sachin Pai
Non Independent & Non Executive Director
3. K Umesh Kini
Non Independent & Non Executive Director
4. Roopashree Roopashree
Non Executive Independent Director
5. Katapady Bhujangesha Kamath
Non Executive Independent Director
6. Jayaram Vittal Prabhu
Non Executive Independent Director
7. Veena Hegde
Company Secretary & Compliance Officer
Contact Information
Company Address
Syndicate House, P. B No 46, Upendra Nagar
Manipal, Karnataka - 576104
www.icdslimited.com
info@icdslimited.com
Registrar
Cameo Corporate Services Ltd
Subramanian Buildings No 1 , Club House Road,,Chennai
Phone: 044-28460390/28460394
Email:
Website:
Company Profile
ICDS Ltd, a non-banking financial services company was incorporated on October 21, 1971, having reputation of serving people for more than three decades showing satisfactory performance till the end of 1997. Consequent to the issuance of stringent regulatory guidelines by RBI Company was required to refund entire deposits in large amounts within a short period. This has forced the Company to stop fund based business which in turn affected its profitability and viability.
In the Month of August, 2002 subsequent to the filing of the Scheme of Arrangement, Reserve Bank of India prohibited the Company from accepting and renewing of Public Deposits and also directed the company not to sell, transfer create charge or mortgage any of its assets. Later in October 2002, Reserve Bank has cancelled the Registration issue to the Company from carrying on business of non-banking finance company. The Company has complied with the directions of the Reserve Bank. However, the company is presently concentrating on the recovery of its dues and repaying its liabilities.
Business area of the company
The company is presently concentrating on the recovery of its dues and repaying its liabilities and is also engaged in trading activities of shares and securities, mobiles and accessories, rental revenue from investment properties, marketing of the insurance products of life and general insurance companies. The company is diversifying into more fee based activities.
