Karnataka State Tourism Development Corporation Limited Company Logo

Karnataka State Tourism Development Corporation Limited - Company Profile

It is a transport and logistics public limited state government company based in Bangalore North, Karnataka, India, established in 1971.

1971 | Bangalore North, Karnataka, India | Active
Last Updated:

About Karnataka State Tourism Development Corporation Limited

Karnataka State Tourism Development Corporation Limited, a active public limited state government company, was established on 06 February 1971 in Bangalore North, Karnataka, India. Engaging in travel & tour services within the public services by government agencies sector, it holds CIN: U63040KA1971SGC002003. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹6.41 Cr.

It upholds a compliant status. Employing 595 professional, Its leadership includes Reju Murickummoodu Thankachan (Nominee Director), Prashant Shankhinamath (Nominee Director), Srinivas Manjappa (Nominee Director). Past directors included Pankaj Kumar Pandey, Chikkachagahalli Dyavaiah, Thichempully Krishnadas Anil Kumar. It holds ₹36.90 Cr open charges and ₹25.00 Cr settled loans. Its latest AGM occurred on 30 December 2024, with the balance sheet filed on 31 March 2024. It is based at 5Th Floor, Indhana Bhavan, Race Course Road, Anand Rao Circle,, Bangalore North, Karnataka, 560001.

Company Details

  • CIN/LLPIN

    U63040KA1971SGC002003

  • Registration Number

    002003

  • Incorporation Date

    06 February 1971

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹6.41 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.41 Cr
  • Company Age 54 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • 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%
Company report

Karnataka State Tourism Development Corporation Limited

Company Report FY 2025-2026

Explore comprehensive insights into Karnataka State Tourism Development Corporation Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Karnataka State Tourism Development Corporation Limited?

Current Directors

NameDesignationAppointment DateStatus
Reju Murickummoodu ThankachanNominee Director06 Sep 2023Current
Prashant ShankhinamathNominee Director11 Mar 2024Current
Srinivas ManjappaNominee Director29 Feb 2024Current
Akram PashaNominee Director08 Sep 2025Current
Prashant Kumar MishraManaging Director15 Sep 2025Current
Deepa Murthy CholanNominee Director29 Jul 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddNominee Director31 May 2022Past
Pramod AbcsddManaging Director28 Jun 2014Past
Pramod AbcsddNominee Director28 Apr 2021Past
Pramod AbcsddNominee Director02 Jun 2011Past
Pramod AbcsddManaging Director01 Apr 2011Past
Pramod AbcsddDirector26 Aug 2015Past

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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%.

Karnataka State Tourism Development Corporation revenue growth over time
Karnataka State Tourism 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
92.08%
Revenue from Operations
99.04%
Total Assets
-2.58%
Profit or Loss
775.85%
Net Worth
-0.60%
EBITDA
1200.89%

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.

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Charges (Loans)

Open Charges

₹368,990,394.76

Satisfied Charges

₹250,026,259.00

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

DateLenderAmountStatus
08 May 2014Canara Bank₹27.75 CrOpen
19 Jul 2004Canara Bank₹8.86 CrOpen
29 Nov 1990State Bank Of Mysore₹2.40 MOpen
27 Dec 1976State Bank Of Travancore₹0.15 MOpen
02 Apr 1976Ksfc₹0.30 MOpen

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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.

Employee growth trends for Karnataka State Tourism Development Corporation Limited

Deals i

Graph showing company valuation over time

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

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 Tourism Development Corporation

Recent Activity within the Organization

  • Director Appointment

    The activity Prashant Kumar Mishra was appointed as a Managing Director was appointed as a Managing Director on 15 Sep 2025 & has been associated with this company since 4 months 2 days . was completed.

  • Director Appointment

    Akram Pasha was appointed as a Nominee Director was appointed as a Nominee Director on 08 Sep 2025 & has been associated with this company since 4 months 9 days . was recorded as a recent event.

  • Director Appointment

    Progress on Deepa Murthy Cholan was appointed as a Nominee Director was appointed as a Nominee Director on 29 Jul 2025 & has been associated with this company since 5 months 19 days . was documented.

  • Annual General Meeting

    The activity Karnataka State Tourism Development Corporation Limited last Annual general meeting of members was held on 30 Dec 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Karnataka State Tourism Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Director Appointment

    Progress on Prashant Shankhinamath was appointed as a Nominee Director was appointed as a Nominee Director on 11 Mar 2024 & has been associated with this company since 1 year 10 months . was documented.

Frequently Asked Questions

  • What is the CIN of Karnataka State Tourism Development Corporation Limited?

    The CIN of Karnataka State Tourism Development Corporation Limited is U63040KA1971SGC002003.

  • Where is Karnataka State Tourism Development Corporation Limited headquartered?

    Karnataka State Tourism Development Corporation Limited is headquartered at 5Th Floor, Indhana Bhavan, Race Course Road, Anand Rao Circle,, Bangalore North, Karnataka, 560001.

  • When was Karnataka State Tourism Development Corporation Limited incorporated?

    Karnataka State Tourism Development Corporation Limited was incorporated on 06 February 1971.

  • Who are the current directors of Karnataka State Tourism Development Corporation Limited?

    The current directors of Karnataka State Tourism Development Corporation Limited are

  • What is the primary industry of Karnataka State Tourism Development Corporation Limited?

    The primary industry of Karnataka State Tourism Development Corporation Limited is Public Services By Government Agencies.

  • Is Karnataka State Tourism Development Corporation Limited a listed company?

    Karnataka State Tourism Development Corporation Limited is unlisted.

  • What is the capital structure of Karnataka State Tourism Development Corporation Limited?

    The authorized capital of Karnataka State Tourism Development Corporation Limited is ₹10.00 Cr, and the paid-up capital is ₹6.41 Cr.

  • What is the compliance status of Karnataka State Tourism Development Corporation Limited?

    The compliance status of Karnataka State Tourism Development Corporation Limited is Compliant.

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