Karnataka Commercial And Industrial Corporation Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 22 Year, 10 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 ten 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
- 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.
Karnataka Commercial And Industrial Corporation Private Limited
Explore comprehensive data for Karnataka Commercial And Industrial Corporation Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Karnataka Commercial And Industrial Corporation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Iqbal Siddiqui  | Managing Director | 19-Jul-2002 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shaik Siddiqui | Director | 05-Aug-2014 | Current |
| Abdul Subhan | Director | 26-Dec-2018 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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| Profit or Loss |
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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.
Related Corporates (Common Directorship)
Indovedic Nutrients Private LimitedIqbal Siddiqui and Shaik Siddiqui are mutual person
Bengaluru Megacabs Private LimitedIqbal Siddiqui and Abdul Subhan are mutual person
Federation Of All India Haj Umrah Tour OrganisersIqbal Siddiqui is a mutual person
- Al- Qadir Foods India Private Limited
Abdul Subhan is a mutual person
- Indovedic Wellness Llp
Shaik Siddiqui is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Sep 2023 | Canara Bank | ₹2.00 Cr | Open |
| 30 Dec 2019 | Hdfc Bank Limited | ₹4.85 M | Open |
| 23 Sep 2019 | Hdfc Bank Limited | ₹1.40 Cr | Open |
| 27 Feb 2015 | Canara Bank | ₹43.27 Cr | Open |
| 26 Dec 2014 | The Jammu And Kashmir Bank Limited | ₹3.59 M | Open |
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.
Deals i
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
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 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.
- 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.
- 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.
- Charges
A charge with Canara Bank amounted to Rs. 2.00 Cr with Charge ID 100804564 was registered on 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.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.40 Cr with Charge ID 100295464 was registered on 23 Sep 2019.
Frequently asked questions
What is the Incorporation or founding date of Karnataka Commercial And Industrial Corporation Private Limited?
Karnataka Commercial And Industrial Corporation Private Limited was incorporated on 19 Jul 2002.
What is authorized share capital and paid-up capital of Karnataka Commercial And Industrial Corporation Private Limited?
The authorized share capital of Karnataka Commercial And Industrial Corporation Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.00 Cr.
Who are the current board members & directors of Karnataka Commercial And Industrial Corporation Private Limited?
Currently 3 directors are associated with Karnataka Commercial And Industrial Corporation Private Limited.
- Iqbal Ahmed Siddiqui
- Abdul Kader Subhan
- Shaik Salman Siddiqui
What is the registered address of Karnataka Commercial And Industrial Corporation Private Limited?
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.
What is the corporate identification number (CIN) and company number of Karnataka Commercial And Industrial Corporation Private Limited?
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).
What is the official website of Karnataka Commercial And Industrial Corporation Private Limited?
The Official website of Karnataka Commercial And Industrial Corporation Private Limited is https://www.kcic.co.in
What has been the recent revenue trend for Karnataka Commercial And Industrial Corporation Private Limited?
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%.
How many employees does Karnataka Commercial And Industrial Corporation Private Limited currently have?
As Per 2022 financial reports, 908 employees are currently employed by Karnataka Commercial And Industrial Corporation Private Limited.
What change has been observed in the net worth of Karnataka Commercial And Industrial Corporation Private Limited, and by what percentage?
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%.
What are the total open charges for Karnataka Commercial And Industrial Corporation Private Limited?
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.
When was the last Balance Sheet of Karnataka Commercial And Industrial Corporation Private Limited filed with the ROC?
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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