Karnataka State Minerals Corporation Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 6.00 Cr
- Company Age 58 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth 209.12%
- Profit Growth 266.69%
- Ebitda 752.91%
- Net Worth 18.45%
- Total Assets 14.96%
About Karnataka State Minerals Corporation
Karnataka State Minerals Corporation Limited (KSMCL) was founded in India on 13 May 1966 and has a glorious history of 58 years and ten months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Mysore Minerals Limited. The Company is engaged in the Metals And Minerals 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 7.00 Cr and a paid-up capital of Rs 6.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vipul Bansal, Gurupadagouda Patil, Rgirish, 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
U85110KA1966SGC001620
- Company No.
001620
- Company Classification
Public Limited State Government Company
- Incorporation Date
13 May 1966
- Date of AGM
30 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Metals and Minerals
Who are the key members and board of directors at Karnataka State Minerals Corporation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jayavibhava Swamy  | Managing Director | 03-Jul-2023 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vipul Bansal | Nominee Director | 25-Jul-2024 | Current |
| Gurupadagouda Patil | Nominee Director | 09-Feb-2024 | Current |
| Rgirish | Nominee Director | 26-Jul-2023 | Current |
| Sanjay Shettennavar | Nominee Director | 22-Nov-2022 | Current |
| Parakkunnum Jaffer | Nominee Director | 29-Aug-2023 | Current |
| Thrilokchandra Karthik | Nominee Director | 09-Feb-2024 | Current |
Financial Performance of Karnataka State Minerals Corporation.
Karnataka State Minerals Corporation Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 209.12% increase. The company also saw a substantial improvement in profitability, with a 266.69% increase in profit. The company's net worth Soared by an impressive increase of 18.45%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Karnataka State Minerals Corporation?
In 2021, Karnataka State Minerals Corporation had a promoter holding of 99.16% and a public holding of 0.83%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Hutti Gold Mines Co LtdVipul Bansal, Rgirish and 3 more are mutual person
The Gem And Jewellery Export Promotion CouncilVipul Bansal is a mutual person
The Gem & Jewellery Skill Council Of IndiaVipul Bansal is a mutual person
Karnataka State Small Industries Development Corporation LimitedVipul Bansal is a mutual person
Karnataka State Handicrafts Development Corporation LimitedVipul Bansal is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Karnataka State Minerals Corporation?
Karnataka State Minerals Corporation has a workforce of 372 employees as of Apr 09, 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 Minerals 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 Minerals 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 Minerals Corporation
Recent activity within the organization
- Director Appointment
Vipul Bansal was appointed as a Nominee Director was appointed as a Nominee Director on 25 Jul 2024 & has been associated with this company since 8 months .
- Director Appointment
Gurupadagouda Sangangouda Patil was appointed as a Nominee Director was appointed as a Nominee Director on 09 Feb 2024 & has been associated with this company since 1 year 1 month .
- Director Appointment
Thrilokchandra Venkateswar Karthik was appointed as a Nominee Director was appointed as a Nominee Director on 09 Feb 2024 & has been associated with this company since 1 year 1 month .
- Annual General Meeting
Karnataka State Minerals Corporation Limited last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.
- Director Appointment
Parakkunnum Chalil Jaffer was appointed as a Nominee Director was appointed as a Nominee Director on 29 Aug 2023 & has been associated with this company since 1 year 6 months .
- Director Appointment
Rgirish was appointed as a Nominee Director was appointed as a Nominee Director on 26 Jul 2023 & has been associated with this company since 1 year 8 months .
Frequently asked questions
What is the Incorporation or founding date of Karnataka State Minerals Corporation Limited?
Karnataka State Minerals Corporation Limited was incorporated on 13 May 1966.
What is authorized share capital and paid-up capital of Karnataka State Minerals Corporation Limited?
The authorized share capital of Karnataka State Minerals Corporation Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.00 Cr.
Who are the current board members & directors of Karnataka State Minerals Corporation Limited?
Currently 7 directors are associated with Karnataka State Minerals Corporation Limited.
- Vipul Bansal
- Gurupadagouda Sangangouda Patil
- Rgirish
- Sanjay Bhalchandra Shettennavar
- Parakkunnum Chalil Jaffer
- Jayavibhava Swamy
- Thrilokchandra Venkateswar Karthik
What is the registered address of Karnataka State Minerals Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka State Minerals Corporation Limited is Bmtc Shantinagar Ttmc Building 'A' Block 5Th Floor, Shanthinagar India, Bangalore, Karnataka, 560027.
What is the corporate identification number (CIN) and company number of Karnataka State Minerals Corporation Limited?
The corporate identification number (CIN) of Karnataka State Minerals Corporation Limited is U85110KA1966SGC001620 and the company number is 001620 as per Ministry of Corporate Affairs (MCA).
What is the official website of Karnataka State Minerals Corporation Limited?
The Official website of Karnataka State Minerals Corporation Limited is https://www.ksmcl.org
What has been the recent revenue trend for Karnataka State Minerals Corporation Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Karnataka State Minerals Corporation Limited has risen by 209.12%.
How many employees does Karnataka State Minerals Corporation Limited currently have?
As Per 2021 financial reports, 372 employees are currently employed by Karnataka State Minerals Corporation Limited.
What change has been observed in the net worth of Karnataka State Minerals Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Karnataka State Minerals Corporation Limited has experienced an upsurge of 18.45%.
When was the last Balance Sheet of Karnataka State Minerals Corporation Limited filed with the ROC?
The most recent Balance Sheet for Karnataka State Minerals Corporation Limited was filed with the ROC on 31 Mar 2023.
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