Dr. B.R. Ambedkar Development Corporation Limited logo

Dr. B.R. Ambedkar Development Corporation Limited

Provides financial and other assistance to scheduled castes communities in Karnataka through various schemes.
1975 | Bangalore, Karnataka (India) | Active

Last Updated:

July 19, 2024
HomeCompanyDr. B.R. Ambedkar Development Corporation Limited

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

Executive Team (2)

NameDesignationAppointment DateStatus
Praveen Bagewadi InManaging Director29-May-2024Current
Kaggala Kumar InManaging Director27-Jun-2021Current

Board Members(6)

NameDesignationAppointment DateStatus
Nagambikadevi Narasimhappa In Nominee Director 07-Jan-2021Current
Ravi Surpur In Nominee Director 07-Jan-2021Current
Rajee Raj In Nominee Director 05-Jul-2024Current
Doddabalapur Kumar In Nominee Director 28-Nov-2018Current
Chikkasubbanna Hemalatha In Nominee Director 07-Jan-2021Current
Lalsinghnaik Shivashankarnaik In Nominee Director 02-Jul-2024Current

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

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 Jul 19, 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.

Employee Graph

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

Recent activity within the organization

  • Director Appointment

    Rajee Sampath Raj was appointed as a Nominee Director was appointed as a Nominee Director on 05 Jul 2024 & has been associated with this company since 3 months 2 days .

    05 Jul 2024

  • Director Appointment

    Lalsinghnaik Shivashankarnaik was appointed as a Nominee Director was appointed as a Nominee Director on 02 Jul 2024 & has been associated with this company since 3 months 5 days .

    02 Jul 2024

  • Director Appointment

    Praveen Pandit Bagewadi was appointed as a Managing Director was appointed as a Managing Director on 29 May 2024 & has been associated with this company since 4 months 9 days .

    29 May 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

  • Director Appointment

    Nagambikadevi Narasimhappa was appointed as a Nominee Director was appointed as a Nominee Director on 07 Jan 2021 & has been associated with this company since 3 years 8 months .

    07 Jan 2021

  • Balance Sheet

    Dr. B.R. Ambedkar Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.

    31 Mar 2020

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 8 directors are associated with Dr. B.R. Ambedkar Development Corporation Limited.

    • Nagambikadevi Narasimhappa
    • Ravi Kumar Surpur
    • Rajee Sampath Raj
    • Doddabalapur Shivananda Sudarshan Kumar
    • Chikkasubbanna Hemalatha
    • Lalsinghnaik Shivashankarnaik
    • Praveen Pandit Bagewadi
    • Kaggala Manchaiah Suresh Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Dr. B.R. Ambedkar Development Corporation Limited is 9Th FloorVisweswaraiah Mini Towers, D.A.Veedhi, Bangalore, Karnataka, India, 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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