Karnataka Neeravari Nigam Limited Company Logo

Karnataka Neeravari Nigam Limited - Company Profile

It is a engineering public limited state government company based in Bangalore, Karnataka, India, established in 1998.

1998 | Bangalore, Karnataka, India | Active
Last Updated:

About Karnataka Neeravari Nigam Limited

Karnataka Neeravari Nigam Limited, a active public limited state government company, was established on 09 December 1998 in Bangalore, Karnataka, India. Engaging in engineering, procurement & construction (epc) within the water supply, sewerage and waste management sector, it holds CIN: U85110KA1998SGC024503. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹60,000.00 Cr and a paid-up capital of ₹51,145.88 Cr.

It upholds a compliant status. Its leadership includes Shalini Rajneesh (Nominee Director), Rajesh Amminabhavi (Managing Director), Siddaramaiah (Nominee Director). Past directors included Bookanakere Siddalingappa Yediyurappa, Jeevraj Ramesh Karadi, Lakshmana Rao Peshve. It holds ₹3,648.00 Cr open charges and ₹4,697.36 Cr settled loans. Its latest AGM occurred on 31 December 2024, with the balance sheet filed on 31 March 2024. It is based at 4Th Floor,Coffee Board Building,No.1, Dr. Ambedkar Veedhi, Bangalore, Karnataka, 560001.

Company Details

  • CIN/LLPIN

    U85110KA1998SGC024503

  • Registration Number

    024503

  • Incorporation Date

    09 December 1998

  • Authorized Capital

    ₹60,000.00 Cr

  • Paid-Up Capital

    ₹51,145.88 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 60,000.00 Cr
  • Paid Up Capital ₹ 51,145.88 Cr
  • Company Age 27 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3,648.00 Cr
  • Satisfied Charges ₹ 4,697.36 Cr
  • Revenue Growth 9.21%
  • Profit Growth -47.99%
  • Ebitda -40.55%
  • Net Worth 8.26%
  • Total Assets 9.68%
Company report

Karnataka Neeravari Nigam Limited

Company Report FY 2025-2026

Explore comprehensive insights into Karnataka Neeravari Nigam Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Karnataka Neeravari Nigam Limited?

Current Directors

NameDesignationAppointment DateStatus
Shalini RajneeshNominee Director06 Aug 2018Current
Rajesh AmminabhaviManaging Director31 Oct 2023Current
SiddaramaiahNominee Director12 Jun 2023Current
Ritesh Kumar SinghNominee Director31 Jan 2025Current
MadhavaDirector25 Sep 2023Current
Krishnamurthy Basawantrao KulkarniNominee Director08 Nov 2021Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddNominee Director08 Sep 2021Past
Pramod AbcsddDirector16 Oct 2017Past
Pramod AbcsddNominee Director08 Nov 2021Past
Pramod AbcsddDirector08 Dec 2019Past
Pramod AbcsddNominee Director01 Dec 2007Past
Pramod AbcsddNominee Director18 Jul 2018Past

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Financial Performance of Karnataka Neeravari Nigam.

Karnataka Neeravari Nigam Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.21% increase. The company also saw a substantial fall in profitability, with a 47.99% decrease in profit. The company's net worth moved up by a moderate rise of 8.26%.

Karnataka Neeravari Nigam revenue growth over time
Karnataka Neeravari Nigam 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
9.21%
Revenue from Operations
5.70%
Total Assets
9.68%
Profit or Loss
-47.99%
Net Worth
8.26%
EBITDA
-40.55%

What is the Ownership and Shareholding Structure of Karnataka Neeravari Nigam?

In 2023, Karnataka Neeravari Nigam 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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Charges (Loans)

Open Charges

₹36,480,000,000.00

Satisfied Charges

₹46,973,600,000.00

Charges Breakdown by Lending Institutions

  • Others : 2253.00 Cr
  • State Bank Of India : 1130.00 Cr
  • Indian Bank : 265.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Dec 2022Others₹500.00 CrOpen
05 Nov 2022Others₹850.00 CrOpen
26 Apr 2022Others₹650.00 CrOpen
30 Mar 2017State Bank Of India₹1,130.00 CrOpen
30 Mar 2017Indian Bank₹265.00 CrOpen

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How Many Employees Work at Karnataka Neeravari Nigam?

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

Employee growth trends for Karnataka Neeravari Nigam Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karnataka Neeravari Nigam, 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 Neeravari Nigam'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 Neeravari Nigam

Recent Activity within the Organization

  • Director Appointment

    Anjum Parwez was appointed as a Nominee Director was appointed as a Nominee Director on 04 Jun 2025 & has been associated with this company since 7 months 15 days . was recorded as a recent event.

  • Charges

    A charge with State Bank Of India of Rs. 1,130.00 Cr registered on 30 Mar 2017 with Charge ID 100094419 was modified on 13 May 2025. was recorded as a recent event.

  • Charges

    A charge registered on 24 Mar 2018 via Charge ID 100176434 with Others was fully satisfied on 15 Feb 2025. was recorded as a recent event.

  • Director Appointment

    Ritesh Kumar Singh was appointed as a Nominee Director was appointed as a Nominee Director on 31 Jan 2025 & has been associated with this company since 11 months 17 days . was recorded as a recent event.

  • Annual General Meeting

    Progress on Karnataka Neeravari Nigam Limited last Annual general meeting of members was held on 31 Dec 2024 as per latest MCA records. was documented.

  • Charges

    Progress on A charge with Indian Bank of Rs. 265.00 Cr registered on 30 Mar 2017 with Charge ID 100095460 was modified on 21 May 2024. was documented.

Frequently Asked Questions

  • What is the CIN of Karnataka Neeravari Nigam Limited?

    The CIN of Karnataka Neeravari Nigam Limited is U85110KA1998SGC024503.

  • Where is Karnataka Neeravari Nigam Limited headquartered?

    Karnataka Neeravari Nigam Limited is headquartered at 4Th Floor,Coffee Board Building,No.1, Dr. Ambedkar Veedhi, Bangalore, Karnataka, 560001.

  • When was Karnataka Neeravari Nigam Limited incorporated?

    Karnataka Neeravari Nigam Limited was incorporated on 09 December 1998.

  • Who are the current directors of Karnataka Neeravari Nigam Limited?

    The current directors of Karnataka Neeravari Nigam Limited are

  • What is the primary industry of Karnataka Neeravari Nigam Limited?

    The primary industry of Karnataka Neeravari Nigam Limited is Water Supply, Sewerage And Waste Management.

  • Is Karnataka Neeravari Nigam Limited a listed company?

    Karnataka Neeravari Nigam Limited is unlisted.

  • What is the capital structure of Karnataka Neeravari Nigam Limited?

    The authorized capital of Karnataka Neeravari Nigam Limited is ₹60,000.00 Cr, and the paid-up capital is ₹51,145.88 Cr.

  • What is the compliance status of Karnataka Neeravari Nigam Limited?

    The compliance status of Karnataka Neeravari Nigam Limited is Compliant.

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