Karnataka State Safai Karmachari Development Corporation

Government-owned corporation providing financial support for economic development of sanitation workers in Karnataka.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated: December 27, 2024

Karnataka State Safai Karmachari Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth -99.62%
  • Profit Growth 46.33%
  • Ebitda 65.19%
  • Net Worth -83.00%
  • Total Assets 7.68%

About Karnataka State Safai Karmachari Development Corporation

Karnataka State Safai Karmachari Development Corporation (KSSKDC) is a Private Not For Profit Company incorporated in India on 06 June 2016 (Eight years and eight months 19 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Travel And Hospitality 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 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Ponniah Manivannan, Rakesh Murthy, Chandrakala, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ksskdc.kar.nic.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2016NPL093912

  • Company No.

    093912

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    06 Jun 2016

  • Date of AGM

    01 Jul 2024

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Travel and Hospitality

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

Executive Team (1)

NameDesignationAppointment DateStatus
Thimmaiah Kumar Country flag representing In Managing Director31-Jul-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Ponniah Manivannan Country flag representing In Nominee Director 20-Apr-2022Current
Rakesh Murthy Country flag representing In Nominee Director 20-Apr-2022Current
Chandrakala Country flag representing In Nominee Director 09-Aug-2023Current
Manjula Nataraj Nominee Director 11-Sep-2024Current

Financial Performance of Karnataka State Safai Karmachari Development Corporation.

Karnataka State Safai Karmachari Development Corporation, for the financial year ended 2022, experienced significant reduction in revenue, with a 99.62% decrease. The company also saw a substantial improvement in profitability, with a 46.33% increase in profit. The company's net worth observed a substantial decline by a decrease of 83%.

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
-99.62%
Revenue from Operations
Total Assets
7.68%
Profit or Loss
46.33%
Net Worth
-83.00%
EBITDA
65.19%

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

In 2021, Karnataka State Safai Karmachari 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 Safai Karmachari Development Corporation?

Unlock and access historical data on people associated with Karnataka State Safai Karmachari 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 Safai Karmachari 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 Safai Karmachari 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 Safai Karmachari Development Corporation

Recent activity within the organization

  • Director Appointment

    Manjula Nataraj was appointed as a Nominee Director was appointed as a Nominee Director on 11 Sep 2024 & has been associated with this company since 5 months 14 days .

    11 Sep 2024

  • Director Appointment

    Thimmaiah Kumar was appointed as a Managing Director was appointed as a Managing Director on 31 Jul 2024 & has been associated with this company since 6 months 26 days .

    31 Jul 2024

  • Annual General Meeting

    Karnataka State Safai Karmachari Development Corporation last Annual general meeting of members was held on 01 Jul 2024 as per latest MCA records.

    01 Jul 2024

  • Director Appointment

    Chandrakala was appointed as a Nominee Director was appointed as a Nominee Director on 09 Aug 2023 & has been associated with this company since 1 year 6 months .

    09 Aug 2023

  • Director Appointment

    Ponniah Manivannan was appointed as a Nominee Director was appointed as a Nominee Director on 20 Apr 2022 & has been associated with this company since 2 years 10 months .

    20 Apr 2022

  • Director Appointment

    Rakesh Kumar Krishna Murthy was appointed as a Nominee Director was appointed as a Nominee Director on 20 Apr 2022 & has been associated with this company since 2 years 10 months .

    20 Apr 2022

Frequently asked questions

  • Karnataka State Safai Karmachari Development Corporation was incorporated on 06 Jun 2016.

  • The authorized share capital of Karnataka State Safai Karmachari Development Corporation is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 5 directors are associated with Karnataka State Safai Karmachari Development Corporation.

    • Ponniah Manivannan
    • Rakesh Kumar Krishna Murthy
    • Chandrakala
    • Manjula Nataraj
    • Thimmaiah Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka State Safai Karmachari Development Corporation is Saira Bagh 19/4 3Rd Floor Cunningham Road, India, Bangalore North, Karnataka, 560001.

  • The corporate identification number (CIN) of Karnataka State Safai Karmachari Development Corporation is U74999KA2016NPL093912 and the company number is 093912 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karnataka State Safai Karmachari Development Corporation is https://www.ksskdc.kar.nic.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Karnataka State Safai Karmachari Development Corporation has fallen by -99.62%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Karnataka State Safai Karmachari Development Corporation has experienced an downturn of -83.00%.

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

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