Karnataka State Tourism Development Corporation Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
as on 22-10-2024
- Paid Up Capital ₹ 6.41 Cr
as on 22-10-2024
- Company Age 53 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 36.90 Cr
as on 22-10-2024
- Satisfied Charges ₹ 25.00 Cr
as on 22-10-2024
- Revenue 92.08%
(FY 2023)
- Profit 775.85%
(FY 2023)
- Ebitda 1200.89%
(FY 2023)
- Net Worth -0.60%
(FY 2023)
- Total Assets -2.58%
(FY 2023)
About Karnataka State Tourism Development Corporation
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.
- 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
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
- Apps
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 and Corporate Structure Insights 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
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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)
Mangalore Electricity Supply Company LimitedActive 22 years 7 monthsReju Thankachan is a mutual person
Karnataka Road Development Corporation LimitedActive 25 years 5 monthsReju Thankachan is a mutual person
Karnataka Urban Infrastructure Development And Finance Corporation Limited.Active 31 years 1 monthReju Thankachan is a mutual person
Jungle Lodges And Resorts LimitedActive 44 years 9 monthsPrashant Shankhinamath and Salma Khaja are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Canara Bank Creation Date: 08 May 2014 | ₹27.75 Cr | Open |
Canara Bank Creation Date: 19 Jul 2004 | ₹8.86 Cr | Open |
State Bank Of Mysore Creation Date: 29 Nov 1990 | ₹2.40 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.
