About
Basic Data Updated:
1 month agoA greenfield international airport was established near Bangalore, thanks to the efforts of Bangalore International Airport Limited (BIAL). This company, as stated in the credit report, is a special-purpose vehicle owned by Germany-based Siemens Project Ventures GmbH, FMIL, Airports Authority of India, and Karnataka State Industrial and Infrastructure Development Corporation Limited. BIAL was formed with the purpose of setting up the airport on a Build-Operate-Transfer (BOT) basis at Devanahalli. The Devanahalli airport, with a 30-year concession for maintenance and operation, was constructed with an initial handling capacity of 11.5 million passengers per annum. BIAL also successfully completed the expansion of Terminal 1, increasing the airport's passenger handling capacity to 20 million per annum. However, BIAL's vision does not stop there. The present master plan aims to further enhance the airport's capacity to 55 million passengers per annum by the end of the 30-year term of the concession agreement. BIAL's dedication and expertise have made it a leading player in the aviation industry. With its strong partnerships and commitment to providing top-notch services, BIAL continues to strive towards making the Devanahalli airport a world-class facility.
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
- Apps12224421
| CIN/LLPIN/FCRN | U45203KA2001PLC028418 |
| Company No. | 028418 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 05 Jan 2001 |
| Date of AGM | 20 Sep 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Bangalore |
Products or Services related to Bangalore International Airport Limited
Tour Packages
Administrative Support Service
City Bus
Automated Storage & Retrieval System
Financials of Bangalore International Airport Limited
Bangalore International Airport Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 118.89% increase. The company also saw a substantial improvement in profitability, with a 248.03% increase in profit. The company's net worth Soared by an impressive increase of 22.25%.
Corporate Structure
Unlock access to Bangalore International Airport's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Bangalore International Airport Limited
Unlock and access historical data on people associated with Bangalore International Airport, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
HM
Hari Marar
Managing DirectorAppointment Date: 27-Jul-2017
Status: Current
BR
Bhaskar Rao CFOStatus: Current
MK
Mylapore Kumar Company SecretaryStatus: Current
Board Members(15)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 12 Dec 2022 | ₹150.00 Cr | Open |
Others Creation Date: 12 Dec 2022 | ₹300.00 Cr | Open |
Sbicap Trustee Company Limited Creation Date: 02 Jun 2022 | ₹653.40 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Bangalore International Airport, 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 Bangalore International Airport's trajectory.
Rating
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Alert
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.
Related Corporates (Common Directorship)
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Recent activity within the organization
Annual General Meeting
Bangalore International Airport Limited last Annual general meeting of members was held on 20 Sep 2023 as per latest MCA records.
20 Sep 2023Director Appointment
Luthfulla Khan Atheeq was appointed as a Nominee Director was appointed as a Nominee Director on 17 Aug 2023 & has been associated with this company since 9 months 17 days .
17 Aug 2023Balance Sheet
Bangalore International Airport Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
31 Mar 2023Charges
A charge with Others amounted to Rs. 150.00 cr with Charge ID 100657135 was registered on 12 Dec 2022.
12 Dec 2022Charges
A charge with Others amounted to Rs. 300.00 cr with Charge ID 100667853 was registered on 12 Dec 2022.
12 Dec 2022
Recent News, Updates & Announcement
Money Talk in US Dollars A Release Not for US Readers SorryNotSorry.US peeps this article aint for you Keep it to yourselves All the money talk in this release is in US dollars SorryNotSorry NotForYou StayInYourLane.
Fairfax India Holdings Corporation 13 Dec 2023
- Travel Made Easy Bengaluru airport unveils 039BLR Pulse039 App customised to fulfill passengers needs.
All the passengers flying through Kempegowda International Airport Bengaluru BLR Airport will now have a much easier and convenient travelling experience.
Business Today 26 Jun 2023
- Fairfax India Completes Acquisition of an Additional 3 Interest in Bangalore International Airport Limited.
Financial Post 22 Jun 2023
- Fairfax India to acquire additional 3 equity interest in BIAL .
Deccan Herald 12 May 2023
Frequently asked questions
What is the Incorporation or founding date of Bangalore International Airport Limited?
