Karnataka State Industrial And Infrastructure Development Corporation Limited

Government agency providing financial assistance for infrastructure projects in various industries.

1964 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Karnataka State Industrial And Infrastructure Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 1,000.00 Cr
  • Paid Up Capital ₹ 694.71 Cr
  • Company Age 60 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12,069.74 Cr
  • Satisfied Charges ₹ 26.00 Cr
  • Revenue Growth 26.31%
  • Profit Growth -5.51%
  • Ebitda 36.56%
  • Net Worth 1.26%
  • Total Assets -0.49%

About Karnataka State Industrial And Infrastructure Development Corporation

Karnataka State Industrial And Infrastructure Development Corporation Limited (KSIAIDCL) was founded in India on 15 June 1964 and has a glorious history of 60 years and seven months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Mysore State Industrial Investment And Development Corpn Ltd. The Company is engaged in the Financial Services 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 1,000.00 Cr and a paid-up capital of Rs 694.71 Cr.

The company currently has active open charges totaling ₹12,069.74 Cr. The company has closed loans amounting to ₹26.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Karnataka State Industrial And Infrastructure Development Corporation Limited India are Chetan Khapale as COMPANY SECRETARY and Doora Prakash as Cfo. Selvakumar Seerangarayan, Mallanagouda Patil, Khushboo Goel, and Three 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

    U93000KA1964ULL001532

  • Company No.

    001532

  • Company Classification

    Public Unlimited Liabilities Company

  • Incorporation Date

    15 Jun 1964

  • Date of AGM

    20 Feb 2024

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Karnataka State Industrial And Infrastructure Development Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Chetan Khapale Country flag representing In Company SecretaryCurrent
Khushboo Goel Country flag representing In Managing Director15-Oct-2024Current
Doora Prakash Country flag representing In CFO19-May-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Selvakumar Seerangarayan Country flag representing In Nominee Director 15-Mar-2023Current
Mallanagouda Patil Country flag representing In Nominee Director 26-Jun-2023Current
Manjula Narayanappanaik Country flag representing In Nominee Director Current
Hephsiba Korlapati Country flag representing In Nominee Director 08-Jun-2022Current
Reju Thankachan Country flag representing In Nominee Director 07-Sep-2023Current

Financial Performance of Karnataka State Industrial And Infrastructure Development Corporation.

Karnataka State Industrial And Infrastructure Development Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.31% increase. The company also saw a slight decrease in profitability, with a 5.51% decrease in profit. The company's net worth moved up by a moderate rise of 1.26%.

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
26.31%
Revenue from Operations
26.43%
Total Assets
-0.49%
Profit or Loss
-5.51%
Net Worth
1.26%
EBITDA
36.56%

What is the Ownership and Shareholding Structure of Karnataka State Industrial And Infrastructure Development Corporation?

In 2023, Karnataka State Industrial And Infrastructure Development Corporation had a promoter holding of 100.00%. The company had 1 Subsidiary and 7 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12,069.74 Cr

Satisfied Charges

₹26.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 12069.74 Cr

Latest Charge Details

DateLenderAmountStatus
29 Sep 2020Others₹12,069.74 CrOpen
31 Dec 2005State Bank Of India₹26.00 CrSatisfied

How Many Employees Work at Karnataka State Industrial And Infrastructure Development Corporation?

Unlock and access historical data on people associated with Karnataka State Industrial And Infrastructure Development Corporation, 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 State Industrial And Infrastructure 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 Industrial And Infrastructure 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 Industrial And Infrastructure Development Corporation

Recent activity within the organization

  • Director Appointment

    Khushboo Goel was appointed as a Managing Director was appointed as a Managing Director on 15 Oct 2024 & has been associated with this company since 3 months 17 days .

    15 Oct 2024

  • Annual General Meeting

    Karnataka State Industrial And Infrastructure Development Corporation Limited last Annual general meeting of members was held on 20 Feb 2024 as per latest MCA records.

    20 Feb 2024

  • Director Appointment

    Mallanagouda Basanagouda Patil was appointed as a Nominee Director was appointed as a Nominee Director on 26 Jun 2023 & has been associated with this company since 1 year 7 months .

    26 Jun 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Selvakumar Seerangarayan was appointed as a Nominee Director was appointed as a Nominee Director on 15 Mar 2023 & has been associated with this company since 1 year 10 months .

    15 Mar 2023

  • Director Appointment

    Hephsiba Rani Korlapati was appointed as a Nominee Director was appointed as a Nominee Director on 08 Jun 2022 & has been associated with this company since 2 years 7 months .

    08 Jun 2022

Frequently asked questions

  • Karnataka State Industrial And Infrastructure Development Corporation Limited was incorporated on 15 Jun 1964.

  • The authorized share capital of Karnataka State Industrial And Infrastructure Development Corporation Limited is ₹ 1,000.00 Cr and paid-up capital is ₹ 694.71 Cr.

  • Currently 8 directors are associated with Karnataka State Industrial And Infrastructure Development Corporation Limited.

    • Selvakumar Seerangarayan
    • Mallanagouda Basanagouda Patil
    • Khushboo Goel
    • Manjula Narayanappanaik
    • Hephsiba Rani Korlapati
    • Reju Murickummoodu Thankachan
    • Chetan Subhash Khapale
    • Doora Paramashivappa Prakash
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka State Industrial And Infrastructure Development Corporation Limited is Khanija Bhavan 49, 4Th Floorrace Course Road India, Bangalore, Karnataka, 560001.

  • The corporate identification number (CIN) of Karnataka State Industrial And Infrastructure Development Corporation Limited is U93000KA1964ULL001532 and the company number is 001532 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karnataka State Industrial And Infrastructure Development Corporation Limited is https://www.ksiidc.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karnataka State Industrial And Infrastructure Development Corporation Limited has risen by 26.31%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karnataka State Industrial And Infrastructure Development Corporation Limited has experienced an upsurge of 1.26%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Karnataka State Industrial And Infrastructure Development Corporation Limited amount to ₹ 12,069.74 Cr.

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

Similar Companies Based on Infra Financing