D.Devaraj Urs Backward Classes Development Corporation Limited - Company Profile

It is a financial services private limited state government company based in Bangalore, Karnataka, India, established in 1977.
1977 Bangalore, Karnataka, India Active
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About D.Devaraj Urs Backward Classes Development Corporation Limited

D.Devaraj Urs Backward Classes Development Corporation Limited, a active private limited state government company, was established on 28 October 1977 in Bangalore, Karnataka, India. Engaging in investment & credit nbfc within the financial and insurance service sector, it holds CIN: U74999KA1977SGC003237. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹550.00 Cr and a paid-up capital of ₹518.71 Cr.

Formerly known as The Karnataka Backward Classes And Minorities Development Corporation Limited. It upholds a compliant status. Its leadership includes Dayananda Appajigowda Kesturkoppal (Nominee Director), Chikkasubbanna Hemalatha (Nominee Director), Tulasi Ram Maddineni (Nominee Director). Past directors included Veerappa Veerabhadrappa, Virabhadrappa Gurushiddappa Shettar, Akhtar Ali Naqvi. Its latest AGM occurred on 28 June 2024, with the balance sheet filed on 31 March 2023. It is based at 4Th Floor, Devaraj Urs Bhavan 16/D, Millers Tank Bed Area, Bangalore, Karnataka, 560052.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U74999KA1977SGC003237

  • Registration Number

    003237

  • Incorporation Date

    28 October 1977

  • Authorized Capital

    ₹550.00 Cr

  • Paid-Up Capital

    ₹518.71 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 550.00 Cr
  • Paid Up Capital ₹ 518.71 Cr
  • Company Age 48 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth **** 174.90%
  • Profit Growth **** -95.82%
  • Ebitda **** -114.60%
  • Net Worth -14.51%
  • Total Assets **** 20.68%
Company report

D.Devaraj Urs Backward Classes Development Corporation Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into D.Devaraj Urs Backward Classes 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 D.Devaraj Urs Backward Classes Development Corporation Limited?
Current Directors
Name Designation Appointment Date Status
Dayananda Appajigowda Kesturkoppal Nominee Director 28 Apr 2022 Current
Chikkasubbanna Hemalatha Nominee Director 04 Dec 2019 Current
Tulasi Ram Maddineni Nominee Director 06 Jun 2025 Current
Kirthiganesh Nadubeedi Gopinath Nominee Director 01 Mar 2024 Current
Doddabalapur Shivananda Sudarshan Kumar Nominee Director 20 Sep 2018 Current
Nataraj Ganjigere Ramegowda Managing Director 09 May 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 29 Jun 2018 Past
Pramod Abcsdd Director 29 Jun 2018 Past
Pramod Abcsdd Director 29 Sep 2015 Past
Pramod Abcsdd Director 11 May 2016 Past
Pramod Abcsdd Nominee Director 01 Mar 2024 Past
Pramod Abcsdd Nominee Director 30 Nov 2020 Past

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Financial Performance of D.Devaraj Urs Backward Classes Development Corporation.

D.Devaraj Urs Backward Classes Development Corporation Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 174.9% increase. The company also saw a substantial fall in profitability, with a 95.82% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.51%.

D.Devaraj Urs Backward Classes Development Corporation revenue growth over time
D.Devaraj Urs Backward Classes Development Corporation profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 174.90%
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Revenue from Operations
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 176.43%
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Total Assets
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 20.68%
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*******
Profit or Loss
*******
 -95.82%
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*******
*******
*******
Net Worth
*******
 -14.51%
*******
*******
*******
*******
EBITDA
*******
 -114.60%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of D.Devaraj Urs Backward Classes Development Corporation?

In 2022, D.Devaraj Urs Backward Classes 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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at D.Devaraj Urs Backward Classes Development Corporation?

Unlock and access historical data on people associated with D.Devaraj Urs Backward Classes Development Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
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Latest Updates, News, and FAQs on D.Devaraj Urs Backward Classes Development Corporation
Recent Activity within the Organization
  • Director Appointment

    Progress on Tulasi Ram Maddineni was appointed as a Nominee Director was appointed as a Nominee Director on 06 Jun 2025 & has been associated with this company since 1 year 24 days . was documented.

  • Director Appointment

    The activity Nataraj Ganjigere Ramegowda was appointed as a Managing Director was appointed as a Managing Director on 09 May 2025 & has been associated with this company since 1 year 1 month . was completed.

  • Annual General Meeting

    The activity D.Devaraj Urs Backward Classes Development Corporation Limited last Annual general meeting of members was held on 28 Jun 2024 as per latest MCA records. was completed.

  • Director Appointment

    Kirthiganesh Nadubeedi Gopinath was appointed as a Nominee Director was appointed as a Nominee Director on 01 Mar 2024 & has been associated with this company since 2 years 4 months . was recorded as a recent event.

  • Balance Sheet

    The activity D.Devaraj Urs Backward Classes Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore. was completed.

  • Director Appointment

    The activity Dayananda Appajigowda Kesturkoppal was appointed as a Nominee Director was appointed as a Nominee Director on 28 Apr 2022 & has been associated with this company since 4 years 2 months . was completed.

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Frequently Asked Questions
What is the CIN of D.Devaraj Urs Backward Classes Development Corporation Limited?

The CIN of D.Devaraj Urs Backward Classes Development Corporation Limited is U74999KA1977SGC003237.

Where is D.Devaraj Urs Backward Classes Development Corporation Limited headquartered?

D.Devaraj Urs Backward Classes Development Corporation Limited is headquartered at 4Th Floor, Devaraj Urs Bhavan 16/D, Millers Tank Bed Area, Bangalore, Karnataka, 560052.

When was D.Devaraj Urs Backward Classes Development Corporation Limited incorporated?

D.Devaraj Urs Backward Classes Development Corporation Limited was incorporated on 28 October 1977.

Who are the current directors of D.Devaraj Urs Backward Classes Development Corporation Limited?

The current directors of D.Devaraj Urs Backward Classes Development Corporation Limited are

What is the primary industry of D.Devaraj Urs Backward Classes Development Corporation Limited?

The primary industry of D.Devaraj Urs Backward Classes Development Corporation Limited is Financial And Insurance Service.

Is D.Devaraj Urs Backward Classes Development Corporation Limited a listed company?

D.Devaraj Urs Backward Classes Development Corporation Limited is unlisted.

What is the capital structure of D.Devaraj Urs Backward Classes Development Corporation Limited?

The authorized capital of D.Devaraj Urs Backward Classes Development Corporation Limited is ₹550.00 Cr, and the paid-up capital is ₹518.71 Cr.

What is the compliance status of D.Devaraj Urs Backward Classes Development Corporation Limited?

The compliance status of D.Devaraj Urs Backward Classes Development Corporation Limited is Compliant.

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