Kerala Urban And Rural Development Finance Corporation Limited

Provides financial services and loans to urban and rural local bodies.

1970 | Thiruvananthapuram, Kerala (India) | Active
Last Updated: January 04, 2025

Kerala Urban And Rural Development Finance Corporation Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 6.20 Cr
  • Company Age 55 Year, 3 Days
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 21.39 Cr
  • Revenue Growth -24.31%
  • Profit Growth -85.93%
  • Ebitda -28.41%
  • Net Worth 1.81%
  • Total Assets -27.36%

About Kerala Urban And Rural Development Finance Corporation

Kerala Urban And Rural Development Finance Corporation Limited (KUARDFCL) was founded in India on 28 January 1970 and has a glorious history of 55 years . Its registered office is in Thiruvananthapuram, Kerala, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 12.00 Cr and a paid-up capital of Rs 6.20 Cr.

The company has closed loans amounting to ₹21.39 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Yamuna Vijayakumar, Vadakkan Ramesh, Reji Zachariah, and Four other members serve as directors at the Company.

Company Details

  • Location

    Thiruvananthapuram, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65910KL1970SGC002261

  • Company No.

    002261

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    28 Jan 1970

  • Date of AGM

    27 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Financial Services

Who are the key members and board of directors at Kerala Urban And Rural Development Finance Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Kannan Sreekumari Country flag representing In Managing Director17-Aug-2019Current

Board Members (6)

NameDesignationAppointment DateStatus
Yamuna Vijayakumar Country flag representing In Director 09-Jul-2018Current
Vadakkan Ramesh Country flag representing In Director 29-Jun-2016Current
Reji Zachariah Country flag representing In Director 09-May-2022Current
John Vadassery Country flag representing In Nominee Director 12-Jan-2021Current
Andoli Rajesh Country flag representing In Director 24-Sep-2022Current
Usha Madhavan Director 18-Jan-2024Current

Financial Performance of Kerala Urban And Rural Development Finance Corporation.

Kerala Urban And Rural Development Finance Corporation Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 24.31% decrease. The company also saw a substantial fall in profitability, with a 85.93% decrease in profit. The company's net worth moved up by a moderate rise of 1.81%.

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
-24.31%
Revenue from Operations
-26.46%
Total Assets
-27.36%
Profit or Loss
-85.93%
Net Worth
1.81%
EBITDA
-28.41%

What is the Ownership and Shareholding Structure of Kerala Urban And Rural Development Finance Corporation?

In 2021, Kerala Urban And Rural Development Finance Corporation had a promoter holding of 90.13% and a public holding of 9.87%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹21.39 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 15.00 Cr
  • Federal Bank Ltd. : 5.00 Cr
  • South Indian Bank Ltd. : 1.39 Cr

Latest Charge Details

DateLenderAmountStatus
29 Mar 2005Federal Bank Ltd.₹5.00 CrSatisfied
06 Jan 2005South Indian Bank Ltd.₹1.39 CrSatisfied
20 Jul 1998Indian Overseas Bank₹15.00 CrSatisfied

How Many Employees Work at Kerala Urban And Rural Development Finance Corporation?

Unlock and access historical data on people associated with Kerala Urban And Rural Development Finance 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 Kerala Urban And Rural Development Finance 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 Kerala Urban And Rural Development Finance 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 Kerala Urban And Rural Development Finance Corporation

Recent activity within the organization

  • Director Appointment

    Usha Kochuvelliyil Madhavan was appointed as a Director was appointed as a Director on 18 Jan 2024 & has been associated with this company since 1 year 13 days .

    18 Jan 2024

  • Annual General Meeting

    Kerala Urban And Rural Development Finance Corporation Limited last Annual general meeting of members was held on 27 Sep 2022 as per latest MCA records.

    27 Sep 2022

  • Director Appointment

    Andoli Rajesh was appointed as a Director was appointed as a Director on 24 Sep 2022 & has been associated with this company since 2 years 4 months .

    24 Sep 2022

  • Director Appointment

    Reji Zachariah was appointed as a Director was appointed as a Director on 09 May 2022 & has been associated with this company since 2 years 8 months .

    09 May 2022

  • Balance Sheet

    Kerala Urban And Rural Development Finance Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ernakulam.

    31 Mar 2022

  • Director Appointment

    John Joseph Vadassery was appointed as a Nominee Director was appointed as a Nominee Director on 12 Jan 2021 & has been associated with this company since 4 years 18 days .

    12 Jan 2021

Frequently asked questions

  • Kerala Urban And Rural Development Finance Corporation Limited was incorporated on 28 Jan 1970.

  • The authorized share capital of Kerala Urban And Rural Development Finance Corporation Limited is ₹ 12.00 Cr and paid-up capital is ₹ 6.20 Cr.

  • Currently 7 directors are associated with Kerala Urban And Rural Development Finance Corporation Limited.

    • Yamuna Vijayakumar
    • Vadakkan Veedu Ramesh
    • Reji Zachariah
    • John Joseph Vadassery
    • Kannan Ramakrishnan Sreekumari
    • Andoli Rajesh
    • Usha Kochuvelliyil Madhavan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kerala Urban And Rural Development Finance Corporation Limited is 5Th Floor Trans Tower India, Thiruvanathapuram, Kerala, 695014.

  • The corporate identification number (CIN) of Kerala Urban And Rural Development Finance Corporation Limited is U65910KL1970SGC002261 and the company number is 002261 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kerala Urban And Rural Development Finance Corporation Limited is https://www.kurdfc.lsgkerala.gov.in

  • According to the financial reports for the fiscal year 2018, the revenue trend for Kerala Urban And Rural Development Finance Corporation Limited has fallen by -24.31%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Kerala Urban And Rural Development Finance Corporation Limited has experienced an upsurge of 1.81%.

  • The most recent Balance Sheet for Kerala Urban And Rural Development Finance Corporation Limited was filed with the ROC on 31 Mar 2022.

Similar Companies Based on NBFC