Karnataka Bhovi Development Corporation Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.10 M
- Company Age 8 Year, 10 Months
- Last Filing with ROC 31 Mar 2021
- Revenue Growth -25.42%
- Profit Growth -40.75%
- Ebitda -14.80%
- Net Worth -58.83%
- Total Assets -3.41%
About Karnataka Bhovi Development Corporation
Karnataka Bhovi Development Corporation (KBDC) is a Private Not For Profit Company incorporated in India on 26 May 2016 (Eight years and ten months 4 days old ). 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 2021. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.
Ramachandpura Peddappaiah, Doddabalapur Kumar, Chikkasubbanna Hemalatha, and Four other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U74999KA2016NPL093608
- Company No.
093608
- Company Classification
Private Not For Profit Company
- Incorporation Date
26 May 2016
- Date of AGM
29 Dec 2023
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
Who are the key members and board of directors at Karnataka Bhovi Development Corporation?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Allamaprabhu Galagali  | Managing Director | 08-Jan-2020 | Current |
| Umlanaik Chandranaik | Managing Director | 31-Jul-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramachandpura Peddappaiah | Nominee Director | 14-May-2020 | Current |
| Doddabalapur Kumar | Nominee Director | 30-Nov-2018 | Current |
| Chikkasubbanna Hemalatha | Nominee Director | 14-May-2020 | Current |
| Savanur Ravikumar | Nominee Director | 15-Mar-2024 | Current |
| Govindaswamy Naik | Nominee Director | 30-Nov-2018 | Current |
Financial Performance of Karnataka Bhovi Development Corporation.
Karnataka Bhovi Development Corporation, for the financial year ended 2021, experienced significant reduction in revenue, with a 25.42% decrease. The company also saw a substantial fall in profitability, with a 40.75% decrease in profit. The company's net worth observed a substantial decline by a decrease of 58.83%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Karnataka Bhovi Development Corporation?
In 2021, Karnataka Bhovi 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.
Related Corporates (Common Directorship)
Karnataka Thanda Development Corporation LimitedDoddabalapur Kumar is a mutual person
Jungle Lodges And Resorts LimitedChikkasubbanna Hemalatha is a mutual person
Bengaluru Smart City LimitedGovindaswamy Naik is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Karnataka Bhovi Development Corporation?
Unlock and access historical data on people associated with Karnataka Bhovi Development Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Karnataka Bhovi 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 Karnataka Bhovi Development Corporation's trajectory.
Rating
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
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 Karnataka Bhovi Development Corporation
Recent activity within the organization
- Director Appointment
Umlanaik Chandranaik was appointed as a Managing Director was appointed as a Managing Director on 31 Jul 2024 & has been associated with this company since 7 months 30 days .
- Director Appointment
Savanur Ravikumar was appointed as a Nominee Director was appointed as a Nominee Director on 15 Mar 2024 & has been associated with this company since 1 year 15 days .
- Annual General Meeting
Karnataka Bhovi Development Corporation last Annual general meeting of members was held on 29 Dec 2023 as per latest MCA records.
- Balance Sheet
Karnataka Bhovi Development Corporation has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
- Director Appointment
Ramachandpura Sanjevarayappa Peddappaiah was appointed as a Nominee Director was appointed as a Nominee Director on 14 May 2020 & has been associated with this company since 4 years 10 months .
- Director Appointment
Chikkasubbanna Hemalatha was appointed as a Nominee Director was appointed as a Nominee Director on 14 May 2020 & has been associated with this company since 4 years 10 months .
Frequently asked questions
What is the Incorporation or founding date of Karnataka Bhovi Development Corporation?
Karnataka Bhovi Development Corporation was incorporated on 26 May 2016.
What is authorized share capital and paid-up capital of Karnataka Bhovi Development Corporation?
The authorized share capital of Karnataka Bhovi Development Corporation is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Karnataka Bhovi Development Corporation?
Currently 7 directors are associated with Karnataka Bhovi Development Corporation.
- Ramachandpura Sanjevarayappa Peddappaiah
- Doddabalapur Shivananda Sudarshan Kumar
- Chikkasubbanna Hemalatha
- Allamaprabhu Mayadevi Galagali
- Umlanaik Chandranaik
- Savanur Ravikumar
- Govindaswamy Naik Kumar Naik
What is the registered address of Karnataka Bhovi Development Corporation?
As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka Bhovi Development Corporation is 20Th Floor, Visweswaraiah Main Tower India, Bangalore, Karnataka, 560001.
What is the corporate identification number (CIN) and company number of Karnataka Bhovi Development Corporation?
The corporate identification number (CIN) of Karnataka Bhovi Development Corporation is U74999KA2016NPL093608 and the company number is 093608 as per Ministry of Corporate Affairs (MCA).
What is the official website of Karnataka Bhovi Development Corporation?
The Official website of Karnataka Bhovi Development Corporation is https://www.kbdc.karnataka.gov.in
What has been the recent revenue trend for Karnataka Bhovi Development Corporation?
According to the financial reports for the fiscal year 2021, the revenue trend for Karnataka Bhovi Development Corporation has fallen by -25.42%.
What change has been observed in the net worth of Karnataka Bhovi Development Corporation, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Karnataka Bhovi Development Corporation has experienced an downturn of -58.83%.
When was the last Balance Sheet of Karnataka Bhovi Development Corporation filed with the ROC?
The most recent Balance Sheet for Karnataka Bhovi Development Corporation was filed with the ROC on 31 Mar 2021.
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