Karnataka Veerashaiva-Lingayath Development Corporation Limited

Founded in 2021 and headquartered in Karnataka, India.

2021 | Bangaluru, Karnataka (India) | Active
Last Updated: October 22, 2024

Karnataka Veerashaiva-Lingayath Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 1.01 Cr
  • Company Age 4 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth %
  • Profit Growth -277.18%
  • Ebitda -280.04%
  • Net Worth -382.72%
  • Total Assets 98.97%

About Karnataka Veerashaiva-Lingayath Development Corporation

Karnataka Veerashaiva-Lingayath Development Corporation Limited (KVDCL) is a Public Limited State Government Company incorporated in India on 19 January 2021 (Four years and one month 3 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Healthcare 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 25.00 Cr and a paid-up capital of Rs 1.01 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sathyavathi Gopalakrishna, Vijayanand Kashappanavar, Dayananda Kesturkoppal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85300KA2021SGC143291

  • Company No.

    143291

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    19 Jan 2021

  • Date of AGM

    29 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Healthcare

Who are the key members and board of directors at Karnataka Veerashaiva-Lingayath Development Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Hadgali Kumar Country flag representing In Managing Director14-Sep-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Sathyavathi Gopalakrishna Country flag representing In Nominee Director 17-Feb-2024Current
Vijayanand Kashappanavar Country flag representing In Nominee Director 18-Mar-2024Current
Dayananda Kesturkoppal Country flag representing In Nominee Director 14-Mar-2022Current
Sanjay Shettennavar Country flag representing In Nominee Director 25-Sep-2024Current
Manjula Nataraj Nominee Director 25-Sep-2024Current

Financial Performance of Karnataka Veerashaiva-Lingayath Development Corporation.

Karnataka Veerashaiva-Lingayath Development Corporation Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 277.18% decrease in profit. The company's net worth observed a substantial decline by a decrease of 382.72%.

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
Revenue from Operations
Total Assets
98.97%
Profit or Loss
-277.18%
Net Worth
-382.72%
EBITDA
-280.04%

What is the Ownership and Shareholding Structure of Karnataka Veerashaiva-Lingayath Development Corporation?

In 2023, Karnataka Veerashaiva-Lingayath 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 Veerashaiva-Lingayath Development Corporation?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karnataka Veerashaiva-Lingayath 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 Veerashaiva-Lingayath Development Corporation's trajectory.

Rating

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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

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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 Veerashaiva-Lingayath Development Corporation

Recent activity within the organization

  • Director Appointment

    Sanjay Bhalchandra Shettennavar was appointed as a Nominee Director was appointed as a Nominee Director on 25 Sep 2024 & has been associated with this company since 4 months 30 days .

    25 Sep 2024

  • Director Appointment

    Manjula Nataraj was appointed as a Nominee Director was appointed as a Nominee Director on 25 Sep 2024 & has been associated with this company since 4 months 30 days .

    25 Sep 2024

  • Director Appointment

    Hadgali Arun Kumar was appointed as a Managing Director was appointed as a Managing Director on 14 Sep 2024 & has been associated with this company since 5 months 10 days .

    14 Sep 2024

  • Director Appointment

    Vijayanand Shiva Shankarappa Kashappanavar was appointed as a Nominee Director was appointed as a Nominee Director on 18 Mar 2024 & has been associated with this company since 11 months 7 days .

    18 Mar 2024

  • Director Appointment

    Sathyavathi Gopalakrishna was appointed as a Nominee Director was appointed as a Nominee Director on 17 Feb 2024 & has been associated with this company since 1 year 6 days .

    17 Feb 2024

  • Annual General Meeting

    Karnataka Veerashaiva-Lingayath Development Corporation Limited last Annual general meeting of members was held on 29 Nov 2023 as per latest MCA records.

    29 Nov 2023

Frequently asked questions

  • Karnataka Veerashaiva-Lingayath Development Corporation Limited was incorporated on 19 Jan 2021.

  • The authorized share capital of Karnataka Veerashaiva-Lingayath Development Corporation Limited is ₹ 25.00 Cr and paid-up capital is ₹ 1.01 Cr.

  • Currently 6 directors are associated with Karnataka Veerashaiva-Lingayath Development Corporation Limited.

    • Sathyavathi Gopalakrishna
    • Vijayanand Shiva Shankarappa Kashappanavar
    • Dayananda Appajigowda Kesturkoppal
    • Sanjay Bhalchandra Shettennavar
    • Hadgali Arun Kumar
    • Manjula Nataraj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka Veerashaiva-Lingayath Development Corporation Limited is 5Th Floor, Visvesvaraya Mini Towers Dr. B R Ambedkar Street India, Bangalore, Karnataka, 560001.

  • The corporate identification number (CIN) of Karnataka Veerashaiva-Lingayath Development Corporation Limited is U85300KA2021SGC143291 and the company number is 143291 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karnataka Veerashaiva-Lingayath Development Corporation Limited has experienced an downturn of -382.72%.

  • The most recent Balance Sheet for Karnataka Veerashaiva-Lingayath Development Corporation Limited was filed with the ROC on 31 Mar 2023.

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