Karnataka Leasing And Commercial Corporation Limited
Commercial property rental services since 1985, based in Bangalore, Karnataka.
1985 | Bangaluru, Karnataka (India) | Active
Karnataka Leasing And Commercial Corporation Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 40 Year, 13 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 85.00 Cr
- Satisfied Charges ₹ 223.28 Cr
- Revenue Growth -96.40%
- Profit Growth -111.32%
- Ebitda 62.84%
- Net Worth -15.13%
- Total Assets 31.09%
About Karnataka Leasing And Commercial Corporation
Karnataka Leasing And Commercial Corporation Limited (KLACCL) is a Public Limited Indian Non-Government Company incorporated in India on 02 March 1985 and has a history of 40 years. 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 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹85.00 Cr. The company has closed loans amounting to ₹223.28 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ramakant Deshpande, Rahul Bajpai, and Rupen Jain 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
U08011KA1985PLC006753
- Company No.
006753
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
02 Mar 1985
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
Karnataka Leasing And Commercial Corporation Limited
Explore comprehensive data for Karnataka Leasing And Commercial Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Karnataka Leasing And Commercial Corporation?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramakant Deshpande  | Director | 07-Aug-2006 | Current |
| Rahul Bajpai | Additional Director | 08-Feb-2024 | Current |
| Rupen Jain | Additional Director | 20-Mar-2024 | Current |
Financial Performance of Karnataka Leasing And Commercial Corporation.
Karnataka Leasing And Commercial Corporation Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 96.4% decrease. The company also saw a substantial fall in profitability, with a 111.32% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.13%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Karnataka Leasing And Commercial Corporation?
In 2023, Karnataka Leasing And Commercial 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.
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Asian Institute Of Oncology Private LimitedRamakant Deshpande is a mutual person
- Tanna Builders Private Limited
Ramakant Deshpande is a mutual person
- Triumph Estates Private Limited
Ramakant Deshpande is a mutual person
Charges (Loans)
Open Charges
₹85.00 Cr
Satisfied Charges
₹223.28 Cr
Charges Breakdown by Lending Institutions
- Others : 85.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Oct 2024 | Others | ₹10.00 Cr | Open |
| 05 Jun 2024 | Others | ₹75.00 Cr | Open |
| 21 Jul 2023 | Hdfc Bank Limited | ₹40.00 Cr | Satisfied |
| 24 Jun 2023 | Hdfc Bank Limited | ₹50.00 Cr | Satisfied |
| 24 Jun 2023 | Hdfc Bank Limited | ₹40.00 Cr | Satisfied |
How Many Employees Work at Karnataka Leasing And Commercial Corporation?
Unlock and access historical data on people associated with Karnataka Leasing And Commercial 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 Leasing And Commercial 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 Leasing And Commercial 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 Leasing And Commercial Corporation
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100982446 was registered on 03 Oct 2024.
- Charges
A charge with Others of Rs. 75.00 Cr registered on 05 Jun 2024 with Charge ID 100929128 was modified on 11 Jun 2024.
- Charges
A charge with Others amounted to Rs. 75.00 Cr with Charge ID 100929128 was registered on 05 Jun 2024.
- Charges
A charge registered on 21 Jul 2023 via Charge ID 100915568 with Hdfc Bank Limited was fully satisfied on 27 Mar 2024.
- Charges
A charge registered on 24 Jun 2023 via Charge ID 100915569 with Hdfc Bank Limited was fully satisfied on 27 Mar 2024.
- Charges
A charge registered on 24 Jun 2023 via Charge ID 100795563 with Hdfc Bank Limited was fully satisfied on 27 Mar 2024.
Frequently asked questions
What is the Incorporation or founding date of Karnataka Leasing And Commercial Corporation Limited?
Karnataka Leasing And Commercial Corporation Limited was incorporated on 02 Mar 1985.
What is authorized share capital and paid-up capital of Karnataka Leasing And Commercial Corporation Limited?
The authorized share capital of Karnataka Leasing And Commercial Corporation Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.
Who are the current board members & directors of Karnataka Leasing And Commercial Corporation Limited?
Currently 3 directors are associated with Karnataka Leasing And Commercial Corporation Limited.
- Ramakant Krishnaji Deshpande
- Rahul Dinesh Chandra Bajpai
- Rupen Arvind Jain
What is the registered address of Karnataka Leasing And Commercial Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka Leasing And Commercial Corporation Limited is No: 48 Ground Floor Church Street, India, Bangalore, Karnataka, 560001.
What is the corporate identification number (CIN) and company number of Karnataka Leasing And Commercial Corporation Limited?
The corporate identification number (CIN) of Karnataka Leasing And Commercial Corporation Limited is U08011KA1985PLC006753 and the company number is 006753 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Karnataka Leasing And Commercial Corporation Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Karnataka Leasing And Commercial Corporation Limited has fallen by -96.40%.
What change has been observed in the net worth of Karnataka Leasing And Commercial Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Karnataka Leasing And Commercial Corporation Limited has experienced an downturn of -15.13%.
What are the total open charges for Karnataka Leasing And Commercial Corporation Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Karnataka Leasing And Commercial Corporation Limited amount to ₹ 85.00 Cr.
When was the last Balance Sheet of Karnataka Leasing And Commercial Corporation Limited filed with the ROC?
The most recent Balance Sheet for Karnataka Leasing And Commercial Corporation Limited was filed with the ROC on 31 Mar 2023.
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