Karnataka Road Development Corporation Profile
Key Indicators
- Authorised Capital ₹ 510.00 Cr
- Paid Up Capital ₹ 310.00 Cr
- Company Age 25 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,279.00 Cr
- Revenue Growth -0.25%
- Profit Growth -47.25%
- Ebitda -5.09%
- Net Worth 1.03%
- Total Assets 41.02%
About Karnataka Road Development Corporation
Karnataka Road Development Corporation Limited (KRDCL) is a leading Public Limited State Government Company incorporated in India on 21 July 1999 and has a history of 25 years and seven months. Its registered office is in Bangalore, Karnataka, India.
The Company is engaged in the Infrastructure And Utilities 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 510.00 Cr and a paid-up capital of Rs 310.00 Cr.
The company currently has active open charges totaling ₹1,279.00 Cr.
The Key Managerial Personnel (KMP) at Karnataka Road Development Corporation Limited India are Javare Chaitra as CFO and Jantakahalli Shivaprakash as Company Secretary. Selvakumar Seerangarayan, Ramakrishna Jaiprasad, Gurudatta Suryanarayanarao, and Five 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
U45209KA1999SGC025497
- Company No.
025497
- Company Classification
Public Limited State Government Company
- Incorporation Date
21 Jul 1999
- Date of AGM
22 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Karnataka Road Development Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Javare Chaitra | CFO | 04-Mar-2024 | Current |
Lingamurthy Gonal  | Managing Director | 19-Jun-2023 | Current |
| Jantakahalli Shivaprakash | Company Secretary | 01-Jun-2020 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Selvakumar Seerangarayan | Nominee Director | 20-Aug-2022 | Current |
| Ramakrishna Jaiprasad | Nominee Director | 22-Sep-2008 | Current |
| Gurudatta Suryanarayanarao | Nominee Director | 30-May-2024 | Current |
| Manjula Narayanappanaik | Nominee Director | Current | |
| Shankaragouda Patil | Nominee Director | 21-Mar-2024 | Current |
| Reju Thankachan | Nominee Director | 23-Aug-2023 | Current |
Financial Performance of Karnataka Road Development Corporation.
Karnataka Road Development Corporation Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.25% decrease. The company also saw a substantial fall in profitability, with a 47.25% decrease in profit. The company's net worth moved up by a moderate rise of 1.03%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Karnataka Road Development Corporation?
In 2023, Karnataka Road Development Corporation had a promoter holding of 83.87% and a public holding of 16.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tumakuru Machine Tool ParkSelvakumar Seerangarayan is a mutual person
Rajiv Gandhi Housing Corporation LimitedGurudatta Suryanarayanarao and Reju Thankachan are mutual person
Mangalore Electricity Supply Company LimitedReju Thankachan is a mutual person
Konkan Railway Corporation LimitedManjula Narayanappanaik is a mutual person
Karnataka State Tourism Development Corporation LimitedReju Thankachan is a mutual person
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Charges (Loans)
₹1,279.00 Cr
₹0
Charges Breakdown by Lending Institutions
- Canara Bank : 700.00 Cr
- Others : 347.00 Cr
- Vijaya Bank : 232.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Mar 2024 | Others | ₹347.00 Cr | Open |
| 24 Mar 2022 | Canara Bank | ₹350.00 Cr | Open |
| 20 Dec 2021 | Canara Bank | ₹350.00 Cr | Open |
| 24 Apr 2017 | Vijaya Bank | ₹232.00 Cr | Open |
How Many Employees Work at Karnataka Road Development Corporation?
Karnataka Road Development Corporation has a workforce of 22 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Karnataka Road 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 Road Development 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.
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