Dr. B.R. Ambedkar Development Corporation Limited

Provides financial and other assistance to scheduled castes communities in Karnataka through various schemes.

1975 | Bangaluru, Karnataka (India) | Active
Last Updated: December 25, 2024

Dr. B.R. Ambedkar Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 350.00 Cr
  • Paid Up Capital ₹ 350.00 Cr
  • Company Age 49 Year, 11 Months
  • Last Filing with ROC 31 Mar 2020
  • Revenue Growth 23.32%
  • Profit Growth 35.52%
  • Ebitda 445.24%
  • Net Worth 20.58%
  • Total Assets -9.79%

About Dr. B.R. Ambedkar Development Corporation

Dr. B.R. Ambedkar Development Corporation Limited (DBADCL) is a leading Public Unlimited Liabilities Company incorporated in India on 20 March 1975 and has a history of 49 years and 11 months. Its registered office is in Bangaluru, Karnataka, 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 2020. It's a company limited by shares with an authorized capital of Rs 350.00 Cr and a paid-up capital of Rs 350.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajee Raj, Rakesh Murthy, Praveen Bagewadi, and Four other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    adcl.karnataka.gov.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U20293KA1975ULL002755

  • Company No.

    002755

  • Company Classification

    Public Unlimited Liabilities Company

  • Incorporation Date

    20 Mar 1975

  • Date of AGM

    11 Nov 2021

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Dr. B.R. Ambedkar Development Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Praveen Bagewadi Country flag representing In Managing Director15-Mar-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Rajee Raj Country flag representing In Nominee Director 01-Mar-2024Current
Rakesh Murthy Country flag representing In Nominee Director 08-Jul-2024Current
Manjula Nataraj Nominee Director 11-Sep-2024Current
Neelaiah Raju Nominee Director 31-Jul-2024Current
Ponniah Manivannan Country flag representing In Nominee Director 08-Jul-2024Current
Rajnish Jenaw Country flag representing In Nominee Director 08-Jul-2024Current

Financial Performance of Dr. B.R. Ambedkar Development Corporation.

Dr. B.R. Ambedkar Development Corporation Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 23.32% increase. The company also saw a substantial improvement in profitability, with a 35.52% increase in profit. The company's net worth Soared by an impressive increase of 20.58%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
23.32%
Revenue from Operations
39.86%
Total Assets
-9.79%
Profit or Loss
35.52%
Net Worth
20.58%
EBITDA
445.24%

What is the Ownership and Shareholding Structure of Dr. B.R. Ambedkar Development Corporation?

In 2020, Dr. B.R. Ambedkar Development Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Dr. B.R. Ambedkar Development Corporation?

Dr. B.R. Ambedkar Development Corporation has a workforce of 116 employees as of Oct 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Dr. B.R. Ambedkar Development 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 Dr. B.R. Ambedkar Development Corporation'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.

Latest Updates, News, and FAQs on Dr. B.R. Ambedkar Development Corporation

Recent activity within the organization

  • Director Appointment

    Manjula Nataraj was appointed as a Nominee Director was appointed as a Nominee Director on 11 Sep 2024 & has been associated with this company since 5 months 12 days .

    11 Sep 2024

  • Director Appointment

    Neelaiah Raju was appointed as a Nominee Director was appointed as a Nominee Director on 31 Jul 2024 & has been associated with this company since 6 months 24 days .

    31 Jul 2024

  • Director Appointment

    Rakesh Kumar Krishna Murthy was appointed as a Nominee Director was appointed as a Nominee Director on 08 Jul 2024 & has been associated with this company since 7 months 16 days .

    08 Jul 2024

  • Director Appointment

    Ponniah Manivannan was appointed as a Nominee Director was appointed as a Nominee Director on 08 Jul 2024 & has been associated with this company since 7 months 16 days .

    08 Jul 2024

  • Director Appointment

    Rajnish Kumar Jenaw was appointed as a Nominee Director was appointed as a Nominee Director on 08 Jul 2024 & has been associated with this company since 7 months 16 days .

    08 Jul 2024

  • Annual General Meeting

    Dr. B.R. Ambedkar Development Corporation Limited last Annual general meeting of members was held on 11 Nov 2021 as per latest MCA records.

    11 Nov 2021

Frequently asked questions

  • Dr. B.R. Ambedkar Development Corporation Limited was incorporated on 20 Mar 1975.

  • The authorized share capital of Dr. B.R. Ambedkar Development Corporation Limited is ₹ 350.00 Cr and paid-up capital is ₹ 350.00 Cr.

  • Currently 7 directors are associated with Dr. B.R. Ambedkar Development Corporation Limited.

    • Rajee Sampath Raj
    • Rakesh Kumar Krishna Murthy
    • Praveen Pandit Bagewadi
    • Manjula Nataraj
    • Neelaiah Raju
    • Ponniah Manivannan
    • Rajnish Kumar Jenaw
  • As per Ministry of Corporate Affairs (Mca), the registered address of Dr. B.R. Ambedkar Development Corporation Limited is 9Th Floor Visweswaraiah Mini Towers D.A.Veedhi, India, Bangalore, Karnataka, 560001.

  • The corporate identification number (CIN) of Dr. B.R. Ambedkar Development Corporation Limited is U20293KA1975ULL002755 and the company number is 002755 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Dr. B.R. Ambedkar Development Corporation Limited is https://www.adcl.karnataka.gov.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Dr. B.R. Ambedkar Development Corporation Limited has risen by 23.32%.

  • As Per 2020 financial reports, 116 employees are currently employed by Dr. B.R. Ambedkar Development Corporation Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Dr. B.R. Ambedkar Development Corporation Limited has experienced an upsurge of 20.58%.

  • The most recent Balance Sheet for Dr. B.R. Ambedkar Development Corporation Limited was filed with the ROC on 31 Mar 2020.

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