Karnataka State Electronic Development Corporation Limited

This company provides IT products, training, and services including ERP solutions, web portals, and e-procurement.

1976 | Bangaluru, Karnataka (India) | Active
Last Updated:

Karnataka State Electronic Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 31.67 Cr
  • Company Age 48 Year, 6 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth 16.72%
  • Profit Growth -2.30%
  • Ebitda 35.89%
  • Net Worth 9.89%
  • Total Assets -7.04%

About Karnataka State Electronic Development Corporation

Karnataka State Electronic Development Corporation Limited (KSEDCL) is a leading Public Limited State Government Company incorporated in India on 22 September 1976 and has a history of 48 years and six months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Business Outsourcing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 35.00 Cr and a paid-up capital of Rs 31.67 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sowmyanarayanan Sadagopan, Pavan Malapati, Shailendra Tyagi, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U75112KA1976SGC003055

  • Company No.

    003055

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    22 Sep 1976

  • Date of AGM

    21 Oct 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Business Outsourcing
Education
Information Technology

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

Executive Team (1)

NameDesignationAppointment DateStatus
Sangappa Malennavar Country flag representing In Managing Director13-Sep-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Shailendra Tyagi Country flag representing In Nominee Director 25-Oct-2016Current
Sowmyanarayanan Sadagopan Country flag representing In Director 18-Aug-2000Current
Pavan Malapati Country flag representing In Nominee Director 25-Oct-2018Current

Financial Performance of Karnataka State Electronic Development Corporation.

Karnataka State Electronic Development Corporation Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 16.72% increase. The company also saw a slight decrease in profitability, with a 2.3% decrease in profit. The company's net worth moved up by a moderate rise of 9.89%.

Karnataka State Electronic Development Corporation revenue growth over time
Karnataka State Electronic 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
16.72%
Revenue from Operations
17.03%
Total Assets
-7.04%
Profit or Loss
-2.30%
Net Worth
9.89%
EBITDA
35.89%

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

In 2022, Karnataka State Electronic 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 State Electronic Development Corporation?

Karnataka State Electronic Development Corporation has a workforce of 29 employees as of Mar 30, 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 State Electronic Development Corporation Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Sangappa Hasanappa Malennavar was appointed as a Managing Director was appointed as a Managing Director on 13 Sep 2023 & has been associated with this company since 1 year 6 months .

  • Annual General Meeting

    Karnataka State Electronic Development Corporation Limited last Annual general meeting of members was held on 21 Oct 2022 as per latest MCA records.

  • Balance Sheet

    Karnataka State Electronic Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

  • Director Appointment

    Pavan Kumar Malapati was appointed as a Nominee Director was appointed as a Nominee Director on 25 Oct 2018 & has been associated with this company since 6 years 5 months .

  • Director Appointment

    Shailendra Kumar Tyagi was appointed as a Nominee Director was appointed as a Nominee Director on 25 Oct 2016 & has been associated with this company since 8 years 5 months .

  • Director Appointment

    Sowmyanarayanan Sadagopan was appointed as a Director was appointed as a Director on 18 Aug 2000 & has been associated with this company since 24 years 7 months .

Frequently asked questions

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

    Karnataka State Electronic Development Corporation Limited was incorporated on 22 Sep 1976.

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

    The authorized share capital of Karnataka State Electronic Development Corporation Limited is ₹ 35.00 Cr and paid-up capital is ₹ 31.67 Cr.

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

    Currently 4 directors are associated with Karnataka State Electronic Development Corporation Limited.

    • Sowmyanarayanan Sadagopan
    • Pavan Kumar Malapati
    • Shailendra Kumar Tyagi
    • Sangappa Hasanappa Malennavar

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka State Electronic Development Corporation Limited is 2Nd Floor Ttmc 'A' Block Bmtc Shantinagar K H Road, India, Bangalore, Karnataka, 560027.

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

    The corporate identification number (CIN) of Karnataka State Electronic Development Corporation Limited is U75112KA1976SGC003055 and the company number is 003055 as per Ministry of Corporate Affairs (MCA).

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

    The Official website of Karnataka State Electronic Development Corporation Limited is https://www.keonics.in

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

    According to the financial reports for the fiscal year 2022, the revenue trend for Karnataka State Electronic Development Corporation Limited has risen by 16.72%.

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

    As Per 2022 financial reports, 29 employees are currently employed by Karnataka State Electronic Development Corporation Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Karnataka State Electronic Development Corporation Limited has experienced an upsurge of 9.89%.

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

    The most recent Balance Sheet for Karnataka State Electronic Development Corporation Limited was filed with the ROC on 31 Mar 2022.

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