Karnataka Commercial And Industrial Corporation Private Limited

Indian company providing integrated facility management services to diverse clients.

2002 | Bangaluru, Karnataka (India) | Active
Last Updated: December 23, 2024

Karnataka Commercial And Industrial Corporation Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 22 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 50.06 Cr
  • Satisfied Charges ₹ 2.00 Cr
  • Revenue Growth -4.69%
  • Profit Growth -12.79%
  • Ebitda -3.37%
  • Net Worth 8.88%
  • Total Assets -2.79%

About Karnataka Commercial And Industrial Corporation

Karnataka Commercial And Industrial Corporation Private Limited (KCAICPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 July 2002 and has a history of 22 years and seven months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Business Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹50.06 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Iqbal Siddiqui, Abdul Subhan, and Shaik Siddiqui serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kcic.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U63013KA2002PTC030785

  • Company No.

    030785

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jul 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Business Services
Transport and Logistics

What products or services does Karnataka Commercial And Industrial Corporation Private Limited offer?

Karnataka Commercial And Industrial Corporation Private Limited offers a wide range of products and services, including Air Taxi, Bus Rentals & Services, Air Travel Services.

Who are the key members and board of directors at Karnataka Commercial And Industrial Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Iqbal Siddiqui Country flag representing In Managing Director19-Jul-2002Current

Board Members (2)

NameDesignationAppointment DateStatus
Shaik Siddiqui Country flag representing In Director 05-Aug-2014Current
Abdul Subhan Country flag representing In Director 26-Dec-2018Current

Financial Performance of Karnataka Commercial And Industrial Corporation.

Karnataka Commercial And Industrial Corporation Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 4.69% decrease. The company also saw a substantial fall in profitability, with a 12.79% decrease in profit. The company's net worth moved up by a moderate rise of 8.88%.

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
-4.69%
Revenue from Operations
-4.90%
Total Assets
-2.79%
Profit or Loss
-12.79%
Net Worth
8.88%
EBITDA
-3.37%

What is the Ownership and Shareholding Structure of Karnataka Commercial And Industrial Corporation?

In 2021, Karnataka Commercial And Industrial 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)

Open Charges

₹50.06 Cr

Satisfied Charges

₹2.00 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 45.27 Cr
  • State Bank Of India : 2.55 Cr
  • Hdfc Bank Limited : 1.88 Cr
  • The Jammu And Kashmir Bank Limited : 0.36 Cr

Latest Charge Details

DateLenderAmountStatus
19 Sep 2023Canara Bank₹2.00 CrOpen
30 Dec 2019Hdfc Bank Limited₹4.85 MOpen
23 Sep 2019Hdfc Bank Limited₹1.40 CrOpen
27 Feb 2015Canara Bank₹43.27 CrOpen
26 Dec 2014The Jammu And Kashmir Bank Limited₹3.59 MOpen

How Many Employees Work at Karnataka Commercial And Industrial Corporation?

Karnataka Commercial And Industrial Corporation has a workforce of 908 employees as of Mar 29, 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 Karnataka Commercial And Industrial 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 Commercial And Industrial 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 Karnataka Commercial And Industrial Corporation

Recent activity within the organization

  • Annual General Meeting

    Karnataka Commercial And Industrial Corporation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Karnataka Commercial And Industrial Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Canara Bank of Rs. 43.27 Cr registered on 27 Feb 2015 with Charge ID 10559772 was modified on 17 Feb 2024.

    17 Feb 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 2.00 Cr with Charge ID 100804564 was registered on 19 Sep 2023.

    19 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.48 Cr with Charge ID 100315869 was registered on 30 Dec 2019.

    30 Dec 2019

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.40 Cr with Charge ID 100295464 was registered on 23 Sep 2019.

    23 Sep 2019

Frequently asked questions

  • Karnataka Commercial And Industrial Corporation Private Limited was incorporated on 19 Jul 2002.

  • The authorized share capital of Karnataka Commercial And Industrial Corporation Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 3 directors are associated with Karnataka Commercial And Industrial Corporation Private Limited.

    • Iqbal Ahmed Siddiqui
    • Abdul Kader Subhan
    • Shaik Salman Siddiqui
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka Commercial And Industrial Corporation Private Limited is 10 Church Road Basavangudi, India, Bangalore, Karnataka, 560004.

  • The corporate identification number (CIN) of Karnataka Commercial And Industrial Corporation Private Limited is U63013KA2002PTC030785 and the company number is 030785 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karnataka Commercial And Industrial Corporation Private Limited is https://www.kcic.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Karnataka Commercial And Industrial Corporation Private Limited has fallen by -4.69%.

  • As Per 2022 financial reports, 908 employees are currently employed by Karnataka Commercial And Industrial Corporation Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Karnataka Commercial And Industrial Corporation Private Limited has experienced an upsurge of 8.88%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Karnataka Commercial And Industrial Corporation Private Limited amount to ₹ 50.06 Cr.

  • The most recent Balance Sheet for Karnataka Commercial And Industrial Corporation Private Limited was filed with the ROC on 31 Mar 2024.

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