Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation Limited - Company Profile

It is a business services private limited state government company based in Bangalore, Karnataka, India, established in 2006.

2006 Bangalore, Karnataka, India Active

Last Updated: January 04, 2026

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About Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation Limited

Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation Limited, a active private limited state government company, was established on 26 July 2006 in Bangalore, Karnataka, India. Engaging in facility management within the financial and insurance service sector, it holds CIN: U85310KA2006SGC040055. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹20.00 Cr.

Formerly known as Karnataka Scheduled Tribes Development Corporation Limited. It upholds a compliant status. Its leadership includes Chikkasubbanna Hemalatha (Nominee Director), Jyothinagram Gopalakrishna Padmanabha (Managing Director), Doddabalapur Shivananda Sudarshan Kumar (Nominee Director). Past directors included Archana, Ramachandpura Sanjevarayappa Peddappaiah, Andappa Muniyellappa. Its latest AGM occurred on 14 March 2023, with the balance sheet filed on 31 March 2021. It is based at 3Rd Floor, Khadhi Bhavan, No.10, Jasma Devi Bhavan Road, Vasanthna, Gar, Bangalore, Karnataka, 560052.

Company Details

CIN/LLPIN
U85310KA2006SGC040055
Registration Number
040055
Incorporation Date
26 July 2006
Authorized Capital
₹20.00 Cr
Paid-Up Capital
₹20.00 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 20.00 Cr as on 04-01-2026
Paid Up Capital ₹ 20.00 Cr as on 04-01-2026
Company Age 19 Year, 7 Months
Last Filing with ROC 31 Mar 2021
Revenue Growth **** -7.61% (FY 2021)
Profit Growth **** 163.92% (FY 2021)
Ebitda **** -647.77% (FY 2021)
Net Worth 3.17% (FY 2021)
Total Assets **** 20.59% (FY 2021)

Comprehensive Company Insights

Explore comprehensive insights into Karnataka Maharshi Valmiki Scheduled Tribes 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 Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation Limited?

Current Directors

Name	Designation	Appointment Date	Status
Chikkasubbanna Hemalatha	Nominee Director	23 Sep 2019	Current
Jyothinagram Gopalakrishna Padmanabha	Managing Director	23 Jun 2023	Current
Doddabalapur Shivananda Sudarshan Kumar	Nominee Director	23 Sep 2019	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Managing Director	19 Jan 2017	Past
Pramod Abcsdd	Managing Director	30 Dec 2017	Past
Pramod Abcsdd	Director	02 Mar 2013	Past
Pramod Abcsdd	Director	04 Jun 2018	Past
Pramod Abcsdd	Director	19 Jan 2017	Past
Pramod Abcsdd	Managing Director	23 Sep 2019	Past

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Financial Performance of Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation.

Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 7.61% decrease. The company also saw a substantial improvement in profitability, with a 163.92% increase in profit. The company's net worth moved up by a moderate rise of 3.17%.

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

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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

********

-7.61%

*******

Revenue from Operations

*******

27.89%

*******

Total Assets

*******

20.59%

*******

Profit or Loss

*******

163.92%

*******

Net Worth

*******

3.17%

*******

EBITDA

*******

-647.77%

*******

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What is the Ownership and Shareholding Structure of Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation?

In 2021, Karnataka Maharshi Valmiki Scheduled Tribes 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)

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 Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation?

Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation has a workforce of 0 employees as of Oct 13, 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.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation

Recent Activity within the Organization

Director Appointment

The activity Jyothinagram Gopalakrishna Padmanabha was appointed as a Managing Director was appointed as a Managing Director on 23 Jun 2023 & has been associated with this company since 2 years 8 months . was completed.
23 Jun 2023
Annual General Meeting

The activity Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation Limited last Annual general meeting of members was held on 14 Mar 2023 as per latest MCA records. was completed.
14 Mar 2023
Balance Sheet

The activity Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore. was completed.
31 Mar 2021
Director Appointment

The activity Chikkasubbanna Hemalatha was appointed as a Nominee Director was appointed as a Nominee Director on 23 Sep 2019 & has been associated with this company since 6 years 5 months . was completed.
23 Sep 2019
Director Appointment

The activity Doddabalapur Shivananda Sudarshan Kumar was appointed as a Nominee Director was appointed as a Nominee Director on 23 Sep 2019 & has been associated with this company since 6 years 5 months . was completed.
23 Sep 2019
Company Incorporation

The activity Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation Limited was registered on 26 Jul 2006 with Roc Bangalore & aged 19 years 7 months as per MCA records. was completed.
26 Jul 2006

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