Karnataka State Small Industries Development Corporation Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 26.02 Cr
- Company Age 64 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth 23.17%
- Profit Growth 130.55%
- Ebitda 291.94%
- Net Worth 15.06%
- Total Assets 12.11%
About Karnataka State Small Industries Development Corporation
Karnataka State Small Industries Development Corporation Limited (KSSIDCL) was founded in India on 29 April 1960 and has a glorious history of 64 years and ten months. Its registered office is in Bangalore, Karnataka.
The Company is engaged in the Infrastructure And Utilities 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 30.00 Cr and a paid-up capital of Rs 26.02 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vipul Bansal, Machanahally Rajagopal, Satheesha Chandrappa, and Five other members serve as directors at the Company.
Company Details
- Location Bangalore, Karnataka
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U75112KA1960SGC001384
- Company No.
001384
- Company Classification
Public Limited State Government Company
- Incorporation Date
29 Apr 1960
- Date of AGM
29 Nov 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Infrastructure and Utilities
Who are the key members and board of directors at Karnataka State Small Industries Development Corporation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Krishnaiah Rajendra  | Managing Director | 28-Sep-2024 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vipul Bansal | Nominee Director | 23-Aug-2024 | Current |
| Machanahally Rajagopal | Nominee Director | 23-Aug-2024 | Current |
| Satheesha Chandrappa | Nominee Director | 04-Jan-2024 | Current |
| Nitesh Patil | Nominee Director | 23-Aug-2024 | Current |
| Mahesh Mahadevaiah | Nominee Director | Current | |
| Mohammed Shariff | Nominee Director | 23-Aug-2024 | Current |
Financial Performance of Karnataka State Small Industries Development Corporation.
Karnataka State Small Industries Development Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.17% increase. The company also saw a substantial improvement in profitability, with a 130.55% increase in profit. The company's net worth Soared by an impressive increase of 15.06%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Karnataka State Small Industries Development Corporation?
In 2023, Karnataka State Small Industries 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)
There are no open charges registered against the company as per our records.
How Many Employees Work at Karnataka State Small Industries Development Corporation?
Karnataka State Small Industries Development Corporation has a workforce of 53 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 Small Industries 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 Small Industries 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 Small Industries Development Corporation
Recent activity within the organization
- Director Appointment
Krishnaiah Rajendra was appointed as a Managing Director was appointed as a Managing Director on 28 Sep 2024 & has been associated with this company since 5 months 10 days .
- Director Appointment
Vipul Bansal was appointed as a Nominee Director was appointed as a Nominee Director on 23 Aug 2024 & has been associated with this company since 6 months 16 days .
- Director Appointment
Machanahally Gangabyraiah Rajagopal was appointed as a Nominee Director was appointed as a Nominee Director on 23 Aug 2024 & has been associated with this company since 6 months 16 days .
- Director Appointment
Nitesh Patil was appointed as a Nominee Director was appointed as a Nominee Director on 23 Aug 2024 & has been associated with this company since 6 months 16 days .
- Director Appointment
Mohammed Ikramulla Shariff was appointed as a Nominee Director was appointed as a Nominee Director on 23 Aug 2024 & has been associated with this company since 6 months 16 days .
- Annual General Meeting
Karnataka State Small Industries Development Corporation Limited last Annual general meeting of members was held on 29 Nov 2023 as per latest MCA records.
Recent News, Updates & Announcement
- Karnataka Govt set up Rs 10cr fund for women entrepreneurs.
The state government announced the new Idea2POC (Idea to Proof of Concept) fund on the occasion of International Women's Day this week.
Frequently asked questions
What is the Incorporation or founding date of Karnataka State Small Industries Development Corporation Limited?
Karnataka State Small Industries Development Corporation Limited was incorporated on 29 Apr 1960.
What is authorized share capital and paid-up capital of Karnataka State Small Industries Development Corporation Limited?
The authorized share capital of Karnataka State Small Industries Development Corporation Limited is ₹ 30.00 Cr and paid-up capital is ₹ 26.02 Cr.
Who are the current board members & directors of Karnataka State Small Industries Development Corporation Limited?
Currently 8 directors are associated with Karnataka State Small Industries Development Corporation Limited.
- Vipul Bansal
- Machanahally Gangabyraiah Rajagopal
- Satheesha Basavanakote Chandrappa
- Nitesh Patil
- Mahesh Mahadevaiah
- Mohammed Ikramulla Shariff
- Kalai Socrates
- Krishnaiah Rajendra
What is the registered address of Karnataka State Small Industries Development Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka State Small Industries Development Corporation Limited is Rajaji Nagar Industrialestate, Estate India, Bangalore, Karnataka, 560044.
What is the corporate identification number (CIN) and company number of Karnataka State Small Industries Development Corporation Limited?
The corporate identification number (CIN) of Karnataka State Small Industries Development Corporation Limited is U75112KA1960SGC001384 and the company number is 001384 as per Ministry of Corporate Affairs (MCA).
What is the official website of Karnataka State Small Industries Development Corporation Limited?
The Official website of Karnataka State Small Industries Development Corporation Limited is https://www.kssidc.co.in
What has been the recent revenue trend for Karnataka State Small Industries Development Corporation Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Karnataka State Small Industries Development Corporation Limited has risen by 23.17%.
How many employees does Karnataka State Small Industries Development Corporation Limited currently have?
As Per 2023 financial reports, 53 employees are currently employed by Karnataka State Small Industries Development Corporation Limited.
What change has been observed in the net worth of Karnataka State Small Industries Development Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Karnataka State Small Industries Development Corporation Limited has experienced an upsurge of 15.06%.
When was the last Balance Sheet of Karnataka State Small Industries Development Corporation Limited filed with the ROC?
The most recent Balance Sheet for Karnataka State Small Industries Development Corporation Limited was filed with the ROC on 31 Mar 2023.
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