Karnataka State Textile Infrastructure Development Corporation Limited.

Founded in 1994 and headquartered in Karnataka, India.

1994 | Belgaum, Karnataka (India) | Active
Last Updated:

Karnataka State Textile Infrastructure Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.22 Cr
  • Company Age 31 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 22.06%
  • Profit Growth -15.02%
  • Ebitda 1.34%
  • Net Worth -15.63%
  • Total Assets -9.89%

About Karnataka State Textile Infrastructure Development Corporation

Karnataka State Textile Infrastructure Development Corporation Limited. (KSTIDCL) is a leading Public Limited State Government Company incorporated in India on 09 February 1994 and has a history of 31 years and two months. Its registered office is in Belgaum, Karnataka, India.

The Corporate was formerly known as Karnataka State Powerloom Development Corporation Limited. The Company is engaged in the Manufacturing 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 3.22 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vipul Bansal, Rajesh Bettaswamaiah, Prakash Shivalingappa, and Two other members serve as directors at the Company.

Company Details

  • Location

    Belgaum, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17100KA1994SGC015213

  • Company No.

    015213

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    09 Feb 1994

  • Date of AGM

    17 Jan 2024

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing
Company report

Karnataka State Textile Infrastructure Development Corporation Limited.

Explore comprehensive data for Karnataka State Textile Infrastructure Development Corporation Limited., including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Karnataka State Textile Infrastructure Development Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Prakash Shivalingappa Country flag representing In Managing Director02-Feb-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Vipul Bansal Country flag representing In Nominee Director 14-Aug-2024Current
Rajesh Bettaswamaiah Country flag representing In Nominee Director 29-Dec-2023Current
Arul Kumar Country flag representing In Nominee Director 13-Dec-2022Current
Krishnamurthy Jyothi Nominee Director 14-Aug-2024Current

Financial Performance of Karnataka State Textile Infrastructure Development Corporation.

Karnataka State Textile Infrastructure Development Corporation Limited., for the financial year ended 2023, experienced significant growth in revenue, with a 22.06% increase. The company also saw a substantial fall in profitability, with a 15.02% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.63%.

Karnataka State Textile Infrastructure Development Corporation revenue growth over time
Karnataka State Textile Infrastructure Development Corporation 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
22.06%
Revenue from Operations
44.18%
Total Assets
-9.89%
Profit or Loss
-15.02%
Net Worth
-15.63%
EBITDA
1.34%

What is the Ownership and Shareholding Structure of Karnataka State Textile Infrastructure Development Corporation?

In 2023, Karnataka State Textile Infrastructure 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 Textile Infrastructure Development Corporation?

Unlock and access historical data on people associated with Karnataka State Textile Infrastructure Development Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Karnataka State Textile Infrastructure Development Corporation Limited.

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karnataka State Textile Infrastructure 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 Textile Infrastructure 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 Textile Infrastructure Development Corporation

Recent activity within the organization

  • Director Appointment

    Vipul Bansal was appointed as a Nominee Director was appointed as a Nominee Director on 14 Aug 2024 & has been associated with this company since 7 months 29 days .

  • Director Appointment

    Krishnamurthy Jyothi was appointed as a Nominee Director was appointed as a Nominee Director on 14 Aug 2024 & has been associated with this company since 7 months 29 days .

  • Director Appointment

    Prakash Shivalingappa was appointed as a Managing Director was appointed as a Managing Director on 02 Feb 2024 & has been associated with this company since 1 year 2 months .

  • Annual General Meeting

    Karnataka State Textile Infrastructure Development Corporation Limited. last Annual general meeting of members was held on 17 Jan 2024 as per latest MCA records.

  • Director Appointment

    Rajesh Gowda Malenalli Bettaswamaiah was appointed as a Nominee Director was appointed as a Nominee Director on 29 Dec 2023 & has been associated with this company since 1 year 3 months .

  • Balance Sheet

    Karnataka State Textile Infrastructure Development Corporation Limited. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

Frequently asked questions

  • What is the Incorporation or founding date of Karnataka State Textile Infrastructure Development Corporation Limited.?

    Karnataka State Textile Infrastructure Development Corporation Limited. was incorporated on 09 Feb 1994.

  • What is authorized share capital and paid-up capital of Karnataka State Textile Infrastructure Development Corporation Limited.?

    The authorized share capital of Karnataka State Textile Infrastructure Development Corporation Limited. is ₹ 5.00 Cr and paid-up capital is ₹ 3.22 Cr.

  • Who are the current board members & directors of Karnataka State Textile Infrastructure Development Corporation Limited.?

    Currently 5 directors are associated with Karnataka State Textile Infrastructure Development Corporation Limited..

    • Vipul Bansal
    • Rajesh Gowda Malenalli Bettaswamaiah
    • Prakash Shivalingappa
    • Arul Kumar
    • Krishnamurthy Jyothi
  • What is the registered address of Karnataka State Textile Infrastructure Development Corporation Limited.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka State Textile Infrastructure Development Corporation Limited. is Tp 11 12 Ground Floor Suvarna Vidhana Soudha, India, Belgaum, Karnataka, 590020.

  • What is the corporate identification number (CIN) and company number of Karnataka State Textile Infrastructure Development Corporation Limited.?

    The corporate identification number (CIN) of Karnataka State Textile Infrastructure Development Corporation Limited. is U17100KA1994SGC015213 and the company number is 015213 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Karnataka State Textile Infrastructure Development Corporation Limited.?

    The Official website of Karnataka State Textile Infrastructure Development Corporation Limited. is https://www.kstidcl.org

  • What has been the recent revenue trend for Karnataka State Textile Infrastructure Development Corporation Limited.?

    According to the financial reports for the fiscal year 2023, the revenue trend for Karnataka State Textile Infrastructure Development Corporation Limited. has risen by 22.06%.

  • What change has been observed in the net worth of Karnataka State Textile Infrastructure Development Corporation Limited., and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Karnataka State Textile Infrastructure Development Corporation Limited. has experienced an downturn of -15.63%.

  • When was the last Balance Sheet of Karnataka State Textile Infrastructure Development Corporation Limited. filed with the ROC?

    The most recent Balance Sheet for Karnataka State Textile Infrastructure Development Corporation Limited. was filed with the ROC on 31 Mar 2023.

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