

Karnataka State Handicrafts Development Corporation Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 9.02 Cr
- Company Age 61 Year, 28 Days
- Last Filing with ROC 31 Mar 2021
- Satisfied Charges ₹ 9.50 M
- Revenue Growth -41.27%
- Profit Growth 93.66%
- Ebitda -201.66%
- Net Worth 2.11%
- Total Assets 7.24%
About Karnataka State Handicrafts Development Corporation
Karnataka State Handicrafts Development Corporation Limited (KSHDCL) was founded in India on 17 March 1964 and has a glorious history of 61 years . Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Events And Entertainment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 9.02 Cr.
The company has closed loans amounting to ₹9.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Lakshman Athukuri, Gurusharanaiah Viswanatha, Basavaraju Krishna, and Four other members 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
U75112KA1964SGC001526
- Company No.
001526
- Company Classification
Public Limited State Government Company
- Incorporation Date
17 Mar 1964
- Date of AGM
24 Jun 2024
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Karnataka State Handicrafts Development Corporation?
Executive Team (1)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Gurusharanaiah Viswanatha ![]() | Managing Director | Current |
Board Members (6)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Lakshman Athukuri ![]() | Nominee Director | 18-Sep-2024 | Current |
Basavaraju Krishna ![]() | Nominee Director | 15-Aug-2024 | Current |
Nitesh Patil ![]() | Nominee Director | 14-Aug-2024 | Current |
Prabhash Ray ![]() | Nominee Director | 23-Jul-2024 | Current |
Muniyappa Roopakala ![]() | Nominee Director | 01-Mar-2024 | Current |
Vipul Bansal ![]() | Nominee Director | 15-Aug-2024 | Current |
Financial Performance of Karnataka State Handicrafts Development Corporation.
Karnataka State Handicrafts Development Corporation Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 41.27% decrease. The company also saw a substantial improvement in profitability, with a 93.66% increase in profit. The company's net worth moved up by a moderate rise of 2.11%.


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What is the Ownership and Shareholding Structure of Karnataka State Handicrafts Development Corporation?
In 2021, Karnataka State Handicrafts 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.

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Charges (Loans)
₹0
₹0.95 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 0.95 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
27 Sep 1993 | Canara Bank | ₹9.50 M | Satisfied |
How Many Employees Work at Karnataka State Handicrafts Development Corporation?
Karnataka State Handicrafts Development Corporation has a workforce of 58 employees as of Oct 22, 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 State Handicrafts 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 Handicrafts 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.
Latest Updates, News, and FAQs on Karnataka State Handicrafts Development Corporation
Recent activity within the organization
- Director Appointment
Lakshman Rao Athukuri was appointed as a Nominee Director was appointed as a Nominee Director on 18 Sep 2024 & has been associated with this company since 6 months 27 days .
- Director Appointment
Basavaraju Gopal Krishna was appointed as a Nominee Director was appointed as a Nominee Director on 15 Aug 2024 & has been associated with this company since 7 months 30 days .
- Director Appointment
Vipul Bansal was appointed as a Nominee Director was appointed as a Nominee Director on 15 Aug 2024 & has been associated with this company since 7 months 30 days .
- Director Appointment
Nitesh Patil was appointed as a Nominee Director was appointed as a Nominee Director on 14 Aug 2024 & has been associated with this company since 8 months .
- Director Appointment
Prabhash Chandra Ray was appointed as a Nominee Director was appointed as a Nominee Director on 23 Jul 2024 & has been associated with this company since 8 months 22 days .
- Annual General Meeting
Karnataka State Handicrafts Development Corporation Limited last Annual general meeting of members was held on 24 Jun 2024 as per latest MCA records.
Frequently asked questions
What is the Incorporation or founding date of Karnataka State Handicrafts Development Corporation Limited?
Karnataka State Handicrafts Development Corporation Limited was incorporated on 17 Mar 1964.
What is authorized share capital and paid-up capital of Karnataka State Handicrafts Development Corporation Limited?
The authorized share capital of Karnataka State Handicrafts Development Corporation Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.02 Cr.
Who are the current board members & directors of Karnataka State Handicrafts Development Corporation Limited?
Currently 7 directors are associated with Karnataka State Handicrafts Development Corporation Limited.
- Lakshman Rao Athukuri
- Gurusharanaiah Viswanatha
- Basavaraju Gopal Krishna
- Nitesh Patil
- Prabhash Chandra Ray
- Muniyappa Roopakala
- Vipul Bansal
What is the registered address of Karnataka State Handicrafts Development Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka State Handicrafts Development Corporation Limited is 45, Mahatma Gandhi Road India, Bangalore, Karnataka, 560001.
What is the corporate identification number (CIN) and company number of Karnataka State Handicrafts Development Corporation Limited?
The corporate identification number (CIN) of Karnataka State Handicrafts Development Corporation Limited is U75112KA1964SGC001526 and the company number is 001526 as per Ministry of Corporate Affairs (MCA).
What is the official website of Karnataka State Handicrafts Development Corporation Limited?
The Official website of Karnataka State Handicrafts Development Corporation Limited is https://www.cauverycrafts.com
What has been the recent revenue trend for Karnataka State Handicrafts Development Corporation Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Karnataka State Handicrafts Development Corporation Limited has fallen by -41.27%.
How many employees does Karnataka State Handicrafts Development Corporation Limited currently have?
As Per 2021 financial reports, 58 employees are currently employed by Karnataka State Handicrafts Development Corporation Limited.
What change has been observed in the net worth of Karnataka State Handicrafts Development Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Karnataka State Handicrafts Development Corporation Limited has experienced an upsurge of 2.11%.
When was the last Balance Sheet of Karnataka State Handicrafts Development Corporation Limited filed with the ROC?
The most recent Balance Sheet for Karnataka State Handicrafts Development Corporation Limited was filed with the ROC on 31 Mar 2021.
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