Karnataka Minorities Development Corporation Limited

Government organization promoting development of religious minorities through various schemes and programs.

1986 | Bangaluru, Karnataka (India) | Active
Last Updated:

Karnataka Minorities Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 1,200.00 Cr
  • Paid Up Capital ₹ 99.78 Cr
  • Company Age 39 Year, 25 Days
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth 59.12%
  • Profit Growth 21.74%
  • Ebitda 0.52%
  • Net Worth -21.69%
  • Total Assets 14.80%

About Karnataka Minorities Development Corporation

Karnataka Minorities Development Corporation Limited (KMDCL) is a leading Private Limited State Government Company incorporated in India on 07 February 1986 and has a history of 39 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 2019. It's a company limited by shares with an authorized capital of Rs 1,200.00 Cr and a paid-up capital of Rs 99.78 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Karnataka Minorities Development Corporation Limited India is Balegara Saheb as CFO. Mohammad Nazeer, Sumaiya Roohi, and Manjula Nataraj serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kmdc.karnataka.gov.in

  • Social Media
    -
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U67190KA1986SGC007460

  • Company No.

    007460

  • Company Classification

    Private Limited State Government Company

  • Incorporation Date

    07 Feb 1986

  • Date of AGM

    04 Jan 2024

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

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

Executive Team (2)

NameDesignationAppointment DateStatus
Mohammad Nazeer Country flag representing In Managing Director13-Oct-2021Current
Balegara Saheb CFO16-Nov-2023Current

Board Members (2)

NameDesignationAppointment DateStatus
Sumaiya Roohi Country flag representing In Nominee Director 14-Mar-2024Current
Manjula Nataraj Nominee Director 11-Sep-2024Current

Financial Performance of Karnataka Minorities Development Corporation.

Karnataka Minorities Development Corporation Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 59.12% increase. The company also saw a substantial improvement in profitability, with a 21.74% increase in profit. The company's net worth observed a substantial decline by a decrease of 21.69%.

Karnataka Minorities Development Corporation revenue growth over time
Karnataka Minorities 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
59.12%
Revenue from Operations
2.97%
Total Assets
14.80%
Profit or Loss
21.74%
Net Worth
-21.69%
EBITDA
0.52%

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

In 2019, Karnataka Minorities 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Karnataka Minorities Development Corporation?

Karnataka Minorities Development Corporation has a workforce of 7 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 Minorities Development Corporation Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Manjula Nataraj was appointed as a Nominee Director was appointed as a Nominee Director on 11 Sep 2024 & has been associated with this company since 5 months 22 days .

  • Director Appointment

    Sumaiya Roohi was appointed as a Nominee Director was appointed as a Nominee Director on 14 Mar 2024 & has been associated with this company since 11 months 20 days .

  • Annual General Meeting

    Karnataka Minorities Development Corporation Limited last Annual general meeting of members was held on 04 Jan 2024 as per latest MCA records.

  • Director Appointment

    Balegara Akram Basha Saheb was appointed as a Cfo was appointed as a Cfo on 16 Nov 2023 & has been associated with this company since 1 year 3 months .

  • Director Appointment

    Mohammad Nazeer was appointed as a Managing Director was appointed as a Managing Director on 13 Oct 2021 & has been associated with this company since 3 years 4 months .

  • Balance Sheet

    Karnataka Minorities Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.

Frequently asked questions

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

    Karnataka Minorities Development Corporation Limited was incorporated on 07 Feb 1986.

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

    The authorized share capital of Karnataka Minorities Development Corporation Limited is ₹ 1,200.00 Cr and paid-up capital is ₹ 99.78 Cr.

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

    Currently 4 directors are associated with Karnataka Minorities Development Corporation Limited.

    • Mohammad Nazeer
    • Sumaiya Roohi
    • Manjula Nataraj
    • Balegara Akram Basha Saheb

  • What is the registered address of Karnataka Minorities Development Corporation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka Minorities Development Corporation Limited is No. 39-821 2Nd Floor Kmdc Bhavan Subedhar Chatram Road Sheshadripuram, Bengaluru - India, Bangalore North, Karnataka, 560020.

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

    The corporate identification number (CIN) of Karnataka Minorities Development Corporation Limited is U67190KA1986SGC007460 and the company number is 007460 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Karnataka Minorities Development Corporation Limited?

    The Official website of Karnataka Minorities Development Corporation Limited is https://www.kmdc.karnataka.gov.in

  • What has been the recent revenue trend for Karnataka Minorities Development Corporation Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Karnataka Minorities Development Corporation Limited has risen by 59.12%.

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

    As Per 2019 financial reports, 7 employees are currently employed by Karnataka Minorities Development Corporation Limited.

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

    The financial reports for the fiscal year 2019 indicates that The net worth of Karnataka Minorities Development Corporation Limited has experienced an downturn of -21.69%.

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

    The most recent Balance Sheet for Karnataka Minorities Development Corporation Limited was filed with the ROC on 31 Mar 2019.

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