Karnataka State Tourism Development Corporation Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 6.41 Cr
- Company Age 54 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 36.90 Cr
- Satisfied Charges ₹ 25.00 Cr
- Revenue Growth 92.08%
- Profit Growth 775.85%
- Ebitda 1200.89%
- Net Worth -0.60%
- Total Assets -2.58%
About Karnataka State Tourism Development Corporation
Karnataka State Tourism Development Corporation Limited (KSTDCL) was founded in India on 06 February 1971 and has a glorious history of 54 years and one month. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Transport And Logistics 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 10.00 Cr and a paid-up capital of Rs 6.41 Cr.
The company currently has active open charges totaling ₹36.90 Cr. The company has closed loans amounting to ₹25.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kanahalli Rajendra, Reju Thankachan, Prashant Shankhinamath, and Two 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
U63040KA1971SGC002003
- Company No.
002003
- Company Classification
Public Limited State Government Company
- Incorporation Date
06 Feb 1971
- Date of AGM
28 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Transport and Logistics
What products or services does Karnataka State Tourism Development Corporation Limited offer?
Karnataka State Tourism Development Corporation Limited offers a wide range of products and services, including Tour Packages, Domestic Tour, City Tours Services.
Who are the key members and board of directors at Karnataka State Tourism Development Corporation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kanahalli Rajendra  | Managing Director | 13-Aug-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Salma Khaja | Nominee Director | 01-Feb-2024 | Current |
| Reju Thankachan | Nominee Director | Current | |
| Prashant Shankhinamath | Nominee Director | 01-Jul-2024 | Current |
| Srinivas Manjappa | Nominee Director | 16-Apr-2024 | Current |
Financial Performance of Karnataka State Tourism Development Corporation.
Karnataka State Tourism Development Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 92.08% increase. The company also saw a substantial improvement in profitability, with a 775.85% increase in profit. The company's net worth dipped by a decrease of 0.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Karnataka State Tourism Development Corporation?
In 2023, Karnataka State Tourism Development Corporation had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Rajiv Gandhi Housing Corporation LimitedReju Thankachan is a mutual person
Mangalore Electricity Supply Company LimitedReju Thankachan is a mutual person
Karnataka Road Development Corporation LimitedReju Thankachan is a mutual person
Jungle Lodges And Resorts LimitedPrashant Shankhinamath and Salma Khaja are mutual person
Bengaluru Smart City LimitedReju Thankachan is a mutual person
Charges (Loans)
Open Charges
₹36.90 Cr
Satisfied Charges
₹25.00 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 36.61 Cr
- State Bank Of Mysore : 0.24 Cr
- Ksfc : 0.03 Cr
- State Bank Of Travancore : 0.02 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 May 2014 | Canara Bank | ₹27.75 Cr | Open |
| 19 Jul 2004 | Canara Bank | ₹8.86 Cr | Open |
| 29 Nov 1990 | State Bank Of Mysore | ₹2.40 M | Open |
| 27 Dec 1976 | State Bank Of Travancore | ₹0.15 M | Open |
| 02 Apr 1976 | Ksfc | ₹0.30 M | Open |
How Many Employees Work at Karnataka State Tourism Development Corporation?
Karnataka State Tourism Development Corporation has a workforce of 595 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 Tourism 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 Tourism 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 Tourism Development Corporation
Recent activity within the organization
- Director Appointment
Kanahalli Viswanath Rajendra was appointed as a Managing Director was appointed as a Managing Director on 13 Aug 2024 & has been associated with this company since 7 months 15 days .
- Director Appointment
Prashant Shankhinamath was appointed as a Nominee Director was appointed as a Nominee Director on 01 Jul 2024 & has been associated with this company since 8 months 27 days .
- Director Appointment
Srinivas Manjappa was appointed as a Nominee Director was appointed as a Nominee Director on 16 Apr 2024 & has been associated with this company since 11 months 12 days .
- Director Appointment
Salma Fahim Khaja was appointed as a Nominee Director was appointed as a Nominee Director on 01 Feb 2024 & has been associated with this company since 1 year 1 month .
- Annual General Meeting
Karnataka State Tourism Development Corporation Limited last Annual general meeting of members was held on 28 Dec 2023 as per latest MCA records.
- Charges
A charge registered on 10 Sep 2020 via Charge ID 100373687 with Hdfc Bank Limited was fully satisfied on 28 Apr 2023.
Frequently asked questions
What is the Incorporation or founding date of Karnataka State Tourism Development Corporation Limited?
Karnataka State Tourism Development Corporation Limited was incorporated on 06 Feb 1971.
What is authorized share capital and paid-up capital of Karnataka State Tourism Development Corporation Limited?
The authorized share capital of Karnataka State Tourism Development Corporation Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.41 Cr.
Who are the current board members & directors of Karnataka State Tourism Development Corporation Limited?
Currently 5 directors are associated with Karnataka State Tourism Development Corporation Limited.
- Kanahalli Viswanath Rajendra
- Reju Murickummoodu Thankachan
- Prashant Shankhinamath
- Salma Fahim Khaja
- Srinivas Manjappa
What is the registered address of Karnataka State Tourism Development Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka State Tourism Development Corporation Limited is Bmtc Ground First Floor Yeshwanthpur T.T.M.C Bus Stand, Circle India, Bengaluru, Karnataka, 560022.
What is the corporate identification number (CIN) and company number of Karnataka State Tourism Development Corporation Limited?
The corporate identification number (CIN) of Karnataka State Tourism Development Corporation Limited is U63040KA1971SGC002003 and the company number is 002003 as per Ministry of Corporate Affairs (MCA).
What is the official website of Karnataka State Tourism Development Corporation Limited?
The Official website of Karnataka State Tourism Development Corporation Limited is https://www.kstdc.co
What has been the recent revenue trend for Karnataka State Tourism Development Corporation Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Karnataka State Tourism Development Corporation Limited has risen by 92.08%.
How many employees does Karnataka State Tourism Development Corporation Limited currently have?
As Per 2023 financial reports, 595 employees are currently employed by Karnataka State Tourism Development Corporation Limited.
What change has been observed in the net worth of Karnataka State Tourism Development Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Karnataka State Tourism Development Corporation Limited has experienced an downturn of -0.60%.
What are the total open charges for Karnataka State Tourism Development Corporation Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Karnataka State Tourism Development Corporation Limited amount to ₹ 36.90 Cr.
When was the last Balance Sheet of Karnataka State Tourism Development Corporation Limited filed with the ROC?
The most recent Balance Sheet for Karnataka State Tourism Development Corporation Limited was filed with the ROC on 31 Mar 2023.
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