Karnataka State Small Industries Development Corporation Limited

Facilitates infrastructure development for small-scale industries in Karnataka through government partnerships.

1960 | Bangalore, Karnataka (India) | Active
Last Updated: November 16, 2024

Karnataka State Small Industries Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 26.02 Cr
  • Company Age 64 Year, 9 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 nine 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 Country flag representing In Managing Director 28-Sep-2024 Current

Board Members (7)

Name Designation Appointment Date Status
Vipul Bansal Country flag representing In Nominee Director 23-Aug-2024 Current
Machanahally Rajagopal Country flag representing In Nominee Director 23-Aug-2024 Current
Satheesha Chandrappa Country flag representing In Nominee Director 04-Jan-2024 Current
Nitesh Patil Country flag representing In Nominee Director 23-Aug-2024 Current
Mahesh Mahadevaiah Country flag representing In Nominee Director Current
Mohammed Shariff Country flag representing In 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%.

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
23.17%
Revenue from Operations
36.18%
Total Assets
12.11%
Profit or Loss
130.55%
Net Worth
15.06%
EBITDA
291.94%

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.

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 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.

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 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

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 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 4 months 5 days .

    28 Sep 2024

  • 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 5 months 10 days .

    23 Aug 2024

  • 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 5 months 10 days .

    23 Aug 2024

  • 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 5 months 10 days .

    23 Aug 2024

  • 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 5 months 10 days .

    23 Aug 2024

  • 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.

    29 Nov 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Karnataka State Small Industries Development Corporation Limited was incorporated on 29 Apr 1960.

  • The authorized share capital of Karnataka State Small Industries Development Corporation Limited is ₹ 30.00 Cr and paid-up capital is ₹ 26.02 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of Karnataka State Small Industries Development Corporation Limited is https://www.kssidc.co.in

  • 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%.

  • As Per 2023 financial reports, 53 employees are currently employed by Karnataka State Small Industries Development Corporation Limited.

  • 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%.

  • 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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