Karnataka Instrade Corporation Limited

Produces and sells cement, lime, limestone, and building materials.

1979 | Bangaluru, Karnataka (India) | Active
Last Updated:

Karnataka Instrade Corporation Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 3.02 Cr
  • Company Age 45 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12.45 Cr
  • Revenue Growth %
  • Ebitda
  • Net Worth -0.76%
  • Total Assets %

About Karnataka Instrade Corporation

Karnataka Instrade Corporation Limited (KICL) is a Public Limited Indian Non-Government Company incorporated in India on 20 April 1979 and has a history of 45 years and ten months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Karnataka Minerals And Mfg Co.Ltd.. 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 2024. It's a company limited by shares with an authorized capital of Rs 12.00 Cr and a paid-up capital of Rs 3.02 Cr.

The company currently has active open charges totaling ₹12.45 Cr.

Mathikere Jayaram, Mathikere Seetharam, Baskar Rajamani, and One other member 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

    U26940KA1979PLC003512

  • Company No.

    003512

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Apr 1979

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

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

Board Members (4)

NameDesignationAppointment DateStatus
Mathikere Jayaram Country flag representing In Director 20-Apr-1979Current
Mathikere Seetharam Country flag representing In Director 29-Jul-1998Current
Baskar Rajamani Country flag representing In Director 02-Aug-2010Current
Mathikere Anandram Country flag representing In Director 12-Feb-2016Current

Financial Performance of Karnataka Instrade Corporation.

Karnataka Instrade Corporation Limited, for the financial year ended 2023, 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 dipped by a decrease of 0.76%.

Karnataka Instrade Corporation revenue growth over time
Karnataka Instrade 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
-0.76%
EBITDA

What is the Ownership and Shareholding Structure of Karnataka Instrade Corporation?

In 2023, Karnataka Instrade Corporation had a promoter holding of 70.87% and a public holding of 29.14%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.45 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Industrial Finance Corporation Of India : 8.00 Cr
  • Canara Bank : 3.29 Cr
  • Vijaya Bank : 1.16 Cr

Latest Charge Details

DateLenderAmountStatus
30 Apr 1993Canara Bank₹5.00 MOpen
23 Dec 1991Canara Bank₹5.00 MOpen
16 Feb 1989Vijaya Bank₹6.00 MOpen
26 Feb 1988Industrial Finance Corporation Of India₹4.00 CrOpen
28 Nov 1986Canara Bank₹6.55 MOpen

How Many Employees Work at Karnataka Instrade Corporation?

Unlock and access historical data on people associated with Karnataka Instrade Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Karnataka Instrade Corporation Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Director Appointment

    Mathikere Ramaiah Anandram was appointed as a Director was appointed as a Director on 12 Feb 2016 & has been associated with this company since 9 years 25 days .

  • Director Appointment

    Baskar Rajamani was appointed as a Director was appointed as a Director on 02 Aug 2010 & has been associated with this company since 14 years 7 months .

  • Director Appointment

    Mathikere Ramaiah Seetharam was appointed as a Director was appointed as a Director on 29 Jul 1998 & has been associated with this company since 26 years 7 months .

  • Charges

    A charge with Canara Bank amounted to Rs. 0.50 Cr with Charge ID 90191087 was registered on 30 Apr 1993.

Frequently asked questions

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

    Karnataka Instrade Corporation Limited was incorporated on 20 Apr 1979.

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

    The authorized share capital of Karnataka Instrade Corporation Limited is ₹ 12.00 Cr and paid-up capital is ₹ 3.02 Cr.

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

    Currently 4 directors are associated with Karnataka Instrade Corporation Limited.

    • Mathikere Ramaiah Jayaram
    • Mathikere Ramaiah Seetharam
    • Baskar Rajamani
    • Mathikere Ramaiah Anandram

  • What is the registered address of Karnataka Instrade Corporation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka Instrade Corporation Limited is 'Gokula House' Gokula Mathikere India, Bangalore, Karnataka, 560054.

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

    The corporate identification number (CIN) of Karnataka Instrade Corporation Limited is U26940KA1979PLC003512 and the company number is 003512 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Karnataka Instrade Corporation Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Karnataka Instrade Corporation Limited has experienced an downturn of -0.76%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Karnataka Instrade Corporation Limited amount to ₹ 12.45 Cr.

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

    The most recent Balance Sheet for Karnataka Instrade Corporation Limited was filed with the ROC on 31 Mar 2024.

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