Karnataka Handloom Development Corporation Limited

Providing raw materials to weavers, implementing welfare schemes, and exporting products under a brand.

1975 | Dharwad, Karnataka (India) | Active
Last Updated:

Karnataka Handloom Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 95.00 Cr
  • Paid Up Capital ₹ 51.88 Cr
  • Company Age 49 Year, 6 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 26.99 Cr
  • Satisfied Charges ₹ 22.62 Cr

About Karnataka Handloom Development Corporation

Karnataka Handloom Development Corporation Limited (KHDCL) is a leading Public Limited State Government Company incorporated in India on 03 October 1975 and has a history of 49 years and six months. Its registered office is in Dharwad, Karnataka, India.

The Corporate was formerly known as The Karnataka Handloom Development Corporation Limited. The Company is engaged in the Manufacturing 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 95.00 Cr and a paid-up capital of Rs 51.88 Cr.

The company currently has active open charges totaling ₹26.99 Cr. The company has closed loans amounting to ₹22.62 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Karnataka Handloom Development Corporation Limited India is Ganesh Jedar as CFO. Shivanand Patil, Vipul Bansal, Rajesh Bettaswamaiah, and Three other members serve as directors at the Company.

Company Details

  • Location

    Dharwad, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U01820KA1975SGC002883

  • Company No.

    002883

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    03 Oct 1975

  • Date of AGM

    02 Mar 2022

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing
Company report

Karnataka Handloom Development Corporation Limited

Explore comprehensive data for Karnataka Handloom Development Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Karnataka Handloom Development Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Varnit Negi Country flag representing In Managing Director06-Jul-2024Current
Ganesh Jedar CFO24-Oct-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Shivanand Patil Country flag representing In Director 13-Jun-2023Current
Vipul Bansal Country flag representing In Nominee Director 09-Aug-2024Current
Rajesh Bettaswamaiah Country flag representing In Nominee Director 08-Nov-2022Current
Basavaraju Krishna Country flag representing In Nominee Director 04-Sep-2024Current
Krishnamurthy Jyothi Nominee Director 04-Sep-2024Current

Financial Performance of Karnataka Handloom Development Corporation.

Karnataka Handloom Development Corporation Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Karnataka Handloom Development Corporation revenue growth over time
Karnataka Handloom Development Corporation 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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Karnataka Handloom Development Corporation?

In 2020, Karnataka Handloom 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)

Open Charges

₹26.99 Cr

Satisfied Charges

₹22.62 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 26.99 Cr

Latest Charge Details

DateLenderAmountStatus
09 Dec 2013State Bank Of India₹26.99 CrOpen
03 Feb 2010State Bank Of India₹15.00 CrSatisfied
29 Apr 1986State Bank Of India₹6.95 CrSatisfied
03 Sep 1985State Bank Of India₹3.95 MSatisfied
22 Nov 1983Syndicate Bank₹2.70 MSatisfied

How Many Employees Work at Karnataka Handloom Development Corporation?

Karnataka Handloom Development Corporation has a workforce of 108 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.

Employee growth trends for Karnataka Handloom Development Corporation Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karnataka Handloom 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 Handloom 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 Karnataka Handloom Development Corporation

Recent activity within the organization

  • Director Appointment

    Ganesh G Jedar was appointed as a Cfo was appointed as a Cfo on 24 Oct 2024 & has been associated with this company since 5 months 21 days .

  • Director Appointment

    Basavaraju Gopal Krishna was appointed as a Nominee Director was appointed as a Nominee Director on 04 Sep 2024 & has been associated with this company since 7 months 10 days .

  • Director Appointment

    Krishnamurthy Jyothi was appointed as a Nominee Director was appointed as a Nominee Director on 04 Sep 2024 & has been associated with this company since 7 months 10 days .

  • Director Appointment

    Vipul Bansal was appointed as a Nominee Director was appointed as a Nominee Director on 09 Aug 2024 & has been associated with this company since 8 months 5 days .

  • Director Appointment

    Varnit Negi was appointed as a Managing Director was appointed as a Managing Director on 06 Jul 2024 & has been associated with this company since 9 months 9 days .

  • Annual General Meeting

    Karnataka Handloom Development Corporation Limited last Annual general meeting of members was held on 02 Mar 2022 as per latest MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Karnataka Handloom Development Corporation Limited?

    Karnataka Handloom Development Corporation Limited was incorporated on 03 Oct 1975.

  • What is authorized share capital and paid-up capital of Karnataka Handloom Development Corporation Limited?

    The authorized share capital of Karnataka Handloom Development Corporation Limited is ₹ 95.00 Cr and paid-up capital is ₹ 51.88 Cr.

  • Who are the current board members & directors of Karnataka Handloom Development Corporation Limited?

    Currently 7 directors are associated with Karnataka Handloom Development Corporation Limited.

    • Shivanand Sidramappa Patil
    • Vipul Bansal
    • Rajesh Gowda Malenalli Bettaswamaiah
    • Basavaraju Gopal Krishna
    • Varnit Negi
    • Krishnamurthy Jyothi
    • Ganesh G Jedar
  • What is the registered address of Karnataka Handloom Development Corporation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka Handloom Development Corporation Limited is First Floor, Priyadarshini Nekara Bhavan Vidya Nagar India, Hubli, Karnataka, 580031.

  • What is the corporate identification number (CIN) and company number of Karnataka Handloom Development Corporation Limited?

    The corporate identification number (CIN) of Karnataka Handloom Development Corporation Limited is U01820KA1975SGC002883 and the company number is 002883 as per Ministry of Corporate Affairs (MCA).

  • How many employees does Karnataka Handloom Development Corporation Limited currently have?

    As Per 2020 financial reports, 108 employees are currently employed by Karnataka Handloom Development Corporation Limited.

  • What are the total open charges for Karnataka Handloom Development Corporation Limited?

    As per the financial statements for fiscal Year 2020, The total open charges for Karnataka Handloom Development Corporation Limited amount to ₹ 26.99 Cr.

  • When was the last Balance Sheet of Karnataka Handloom Development Corporation Limited filed with the ROC?

    The most recent Balance Sheet for Karnataka Handloom Development Corporation Limited was filed with the ROC on 31 Mar 2020.

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