Karnataka Rural Infrastructure Development Limited

Government-owned company involved in rural infrastructure development, construction, and consultancy services.

1974 | Bangaluru, Karnataka (India) | Active
Last Updated: January 18, 2025

Karnataka Rural Infrastructure Development Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 14.70 Cr
  • Company Age 50 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 17.78%
  • Profit Growth 90.89%
  • Ebitda 1018.00%
  • Net Worth 12.11%
  • Total Assets -11.12%

About Karnataka Rural Infrastructure Development

Karnataka Rural Infrastructure Development Limited (KRIDL) is a leading Private Limited State Government Company incorporated in India on 08 August 1974 and has a history of 50 years and six months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Karnataka Land Army Corporation Limited. 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 15.00 Cr and a paid-up capital of Rs 14.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bhoovanahalli Nagaraj, Purushotham Baboo, and Basavaraju serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kridl.org

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U75112KA1974SGC002613

  • Company No.

    002613

  • Company Classification

    Private Limited State Government Company

  • Incorporation Date

    08 Aug 1974

  • Date of AGM

    23 Feb 2024

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Karnataka Rural Infrastructure Development?

Executive Team (1)

NameDesignationAppointment DateStatus
Basavaraju Country flag representing In Managing Director16-Jun-2023Current

Board Members (2)

NameDesignationAppointment DateStatus
Purushotham Baboo Country flag representing In Nominee Director 02-Dec-2016Current
Bhoovanahalli Nagaraj Country flag representing In Nominee Director 17-Jul-2014Current

Financial Performance of Karnataka Rural Infrastructure Development.

Karnataka Rural Infrastructure Development Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.78% increase. The company also saw a substantial improvement in profitability, with a 90.89% increase in profit. The company's net worth Soared by an impressive increase of 12.11%.

Graph illustrating revenue growth over time
Graph showing 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
17.78%
Revenue from Operations
17.73%
Total Assets
-11.12%
Profit or Loss
90.89%
Net Worth
12.11%
EBITDA
1018.00%

What is the Ownership and Shareholding Structure of Karnataka Rural Infrastructure Development?

In 2023, Karnataka Rural Infrastructure Development 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 Rural Infrastructure Development?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karnataka Rural Infrastructure Development, 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 Rural Infrastructure Development'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 Rural Infrastructure Development

Recent activity within the organization

  • Annual General Meeting

    Karnataka Rural Infrastructure Development Limited last Annual general meeting of members was held on 23 Feb 2024 as per latest MCA records.

    23 Feb 2024

  • Director Appointment

    Basavaraju was appointed as a Managing Director was appointed as a Managing Director on 16 Jun 2023 & has been associated with this company since 1 year 8 months .

    16 Jun 2023

  • Balance Sheet

    Karnataka Rural Infrastructure Development Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Purushotham Singh Hari Baboo was appointed as a Nominee Director was appointed as a Nominee Director on 02 Dec 2016 & has been associated with this company since 8 years 2 months .

    02 Dec 2016

  • Director Appointment

    Bhoovanahalli Nagaraj was appointed as a Nominee Director was appointed as a Nominee Director on 17 Jul 2014 & has been associated with this company since 10 years 7 months .

    17 Jul 2014

  • Company Incorporation

    Karnataka Rural Infrastructure Development Limited was registered on 08 Aug 1974 with Roc Bangalore & aged 50 years 6 months as per MCA records.

    08 Aug 1974

Frequently asked questions

  • Karnataka Rural Infrastructure Development Limited was incorporated on 08 Aug 1974.

  • The authorized share capital of Karnataka Rural Infrastructure Development Limited is ₹ 15.00 Cr and paid-up capital is ₹ 14.70 Cr.

  • Currently 3 directors are associated with Karnataka Rural Infrastructure Development Limited.

    • Bhoovanahalli Nagaraj
    • Purushotham Singh Hari Baboo
    • Basavaraju
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka Rural Infrastructure Development Limited is 4Th 5Th Floor Grameenabhivruddhi Bhavan Ananda Rao Circle, India, Bangalore, Karnataka, 560009.

  • The corporate identification number (CIN) of Karnataka Rural Infrastructure Development Limited is U75112KA1974SGC002613 and the company number is 002613 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karnataka Rural Infrastructure Development Limited is https://www.kridl.org

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karnataka Rural Infrastructure Development Limited has risen by 17.78%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karnataka Rural Infrastructure Development Limited has experienced an upsurge of 12.11%.

  • The most recent Balance Sheet for Karnataka Rural Infrastructure Development Limited was filed with the ROC on 31 Mar 2023.

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