Karnataka State Seeds Corporation Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.75 Cr
- Company Age 51 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 220.00 Cr
- Satisfied Charges ₹ 213.00 Cr
- Revenue Growth 81.73%
- Profit Growth 9.64%
- Ebitda 37.63%
- Net Worth 13.10%
- Total Assets 24.69%
About Karnataka State Seeds Corporation
Karnataka State Seeds Corporation Limited (KSSCL) was founded in India on 08 August 1973 and has a glorious history of 51 years and six months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Karnataka State Agro-Seeds Corporation Limited. The Company is engaged in the Agriculture 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 5.00 Cr and a paid-up capital of Rs 3.75 Cr.
The company currently has active open charges totaling ₹220.00 Cr. The company has closed loans amounting to ₹213.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Karnataka State Seeds Corporation Limited India is Karthik A as COMPANY SECRETARY. Yalagouda Patil, Ramesh Siddamallappa, Anbukkumar Venkatesan, and Six other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
- Apps
Corporate Identity Details
- CIN/LLPIN
U01135KA1973SGC002378
- Company No.
002378
- Company Classification
Public Limited State Government Company
- Incorporation Date
08 Aug 1973
- Date of AGM
30 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Karnataka State Seeds Corporation?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Devaraja Habakanahalli | Managing Director | 18-Nov-2022 | Current |
Karthik A  | Company Secretary | 01-Feb-2018 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Yalagouda Patil | Director | Current | |
| Ramesh Siddamallappa | Additional Director | 21-Mar-2024 | Current |
| Anbukkumar Venkatesan | Nominee Director | 03-Jul-2023 | Current |
| Ahamedraza Mohammediqbal | Nominee Director | 20-Jul-2020 | Current |
| Bheemsainrao Desai | Director | 09-Sep-2022 | Current |
| Honnalingappa Yalanadu | Nominee Director | 18-May-2024 | Current |
Financial Performance of Karnataka State Seeds Corporation.
Karnataka State Seeds Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 81.73% increase. The company also saw a slight improvement in profitability, with a 9.64% increase in profit. The company's net worth Soared by an impressive increase of 13.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Karnataka State Seeds Corporation?
In 2023, Karnataka State Seeds Corporation had a promoter holding of 58.61% and a public holding of 41.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
International Flower Auction Bangalore LimitedYalagouda Patil and Ramesh Siddamallappa are mutual person
Haryana Seeds Development Corporation LimitedManinder Dwivedi is a mutual person
National Seeds Corporation LimitedManinder Dwivedi is a mutual person
Maharashtra State Seeds Corporation LimitedManinder Dwivedi is a mutual person
Charges (Loans)
₹220.00 Cr
₹213.00 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 200.00 Cr
- Others : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jan 2024 | Canara Bank | ₹200.00 Cr | Open |
| 15 Oct 2018 | Others | ₹20.00 Cr | Open |
| 20 May 2021 | Others | ₹150.00 Cr | Satisfied |
| 29 Jun 2019 | Others | ₹20.00 Cr | Satisfied |
| 02 Jun 2018 | Others | ₹10.00 Cr | Satisfied |
How Many Employees Work at Karnataka State Seeds Corporation?
Karnataka State Seeds Corporation has a workforce of 101 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 Seeds 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 Seeds 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.
