Karnataka Neeravari Nigam Profile
Key Indicators
- Authorised Capital ₹ 60,000.00 Cr
- Paid Up Capital ₹ 46,560.41 Cr
- Company Age 26 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5,745.00 Cr
- Satisfied Charges ₹ 4,432.36 Cr
- Revenue Growth 9.21%
- Profit Growth -47.99%
- Ebitda -40.55%
- Net Worth 8.26%
- Total Assets 9.68%
About Karnataka Neeravari Nigam
Karnataka Neeravari Nigam Limited (KNNL) is a leading Public Limited State Government Company incorporated in India on 09 December 1998 and has a history of 26 years and two months. Its registered office is in Bangalore, Karnataka, India.
The Company is engaged in the Engineering 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 60,000.00 Cr and a paid-up capital of Rs 46,560.41 Cr.
The company currently has active open charges totaling ₹5,745.00 Cr. The company has closed loans amounting to ₹4,432.36 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Karnataka Neeravari Nigam Limited India is Bapugouda Biradar as CFO. Talwar Chandrashekarappa, Rakesh Singh, Rajneesh Goel, and Seven other members serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U85110KA1998SGC024503
- Company No.
024503
- Company Classification
Public Limited State Government Company
- Incorporation Date
09 Dec 1998
- Date of AGM
01 Mar 2024
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Karnataka Neeravari Nigam Limited offer?
Karnataka Neeravari Nigam Limited offers a wide range of products and services, including Turnkey Consultants & Solutions, Project Management.
Who are the key members and board of directors at Karnataka Neeravari Nigam?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Amminabhavi  | Managing Director | Current | |
| Bapugouda Biradar | CFO | 11-Mar-2024 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Luthfulla Atheeq | Nominee Director | 30-Apr-2016 | Current |
| Shalini Rajneesh | Nominee Director | 06-Aug-2018 | Current |
| Talwar Chandrashekarappa | Director | 20-Sep-2024 | Current |
| Rakesh Singh | Nominee Director | 29-Feb-2016 | Current |
| Rajneesh Goel | Nominee Director | 13-Jul-2023 | Current |
| Doddahalahalli Shivakumar | Nominee Director | 12-Jun-2023 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Visvesvaraya Jala Nigam LimitedDoddahalahalli Shivakumar, Shalini Rajneesh and 3 more are mutual person
Science Gallery BengaluruLuthfulla Atheeq is a mutual person
Mangaluru Smart City LimitedLuthfulla Atheeq is a mutual person
Krishna Bhagya Jala Nigam LimitedRakesh Singh, Rajneesh Goel and 4 more are mutual person
Cauvery Neeravari Nigama LimitedDoddahalahalli Shivakumar, Shalini Rajneesh and 3 more are mutual person
Karnataka Power Corporation LimitedSiddaramaiah and Luthfulla Atheeq are mutual person
Charges (Loans)
₹5,745.00 Cr
₹4,432.36 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 2962.00 Cr
- Others : 2518.00 Cr
- Indian Bank : 265.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2022 | Others | ₹500.00 Cr | Open |
| 05 Nov 2022 | Others | ₹850.00 Cr | Open |
| 26 Apr 2022 | Others | ₹650.00 Cr | Open |
| 24 Mar 2018 | Others | ₹265.00 Cr | Open |
| 30 Mar 2017 | State Bank Of India | ₹2,962.00 Cr | Open |
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.
Deals i
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
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.
