Karnataka Neeravari Nigam Limited - Company Profile

It is a engineering public limited state government company based in Bangalore, Karnataka, India, established in 1998.
1998 Bangalore, Karnataka, India Active
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About Karnataka Neeravari Nigam Limited

Karnataka Neeravari Nigam Limited, a active public limited state government company, was established on 09 December 1998 in Bangalore, Karnataka, India. Engaging in engineering, procurement & construction (epc) within the water supply, sewerage and waste management sector, it holds CIN: U85110KA1998SGC024503. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹60,000.00 Cr and a paid-up capital of ₹54,757.93 Cr.

It upholds a compliant status. Its leadership includes Shalini Rajneesh (Nominee Director), Rajesh Amminabhavi (Managing Director), Siddaramaiah (Nominee Director). Past directors included Bookanakere Siddalingappa Yediyurappa, Jeevraj Ramesh Karadi, Lakshmana Rao Peshve. It holds ₹3,148.00 Cr open charges and ₹5,197.36 Cr settled loans. Its latest AGM occurred on 30 December 2025, with the balance sheet filed on 31 March 2025. It is based at 4Th Floor,Coffee Board Building,No.1, Dr. Ambedkar Veedhi, Bangalore, Karnataka, 560001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U85110KA1998SGC024503

  • Registration Number

    024503

  • Incorporation Date

    09 December 1998

  • Authorized Capital

    ₹60,000.00 Cr

  • Paid-Up Capital

    ₹54,757.93 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 60,000.00 Cr
  • Paid Up Capital ₹ 54,757.93 Cr
  • Company Age 27 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 3,148.00 Cr
  • Satisfied Charges ₹ 5,197.36 Cr
  • Revenue Growth **** 9.21%
  • Profit Growth **** -47.99%
  • Ebitda **** -40.55%
  • Net Worth 8.26%
  • Total Assets **** 9.68%
Company report

Karnataka Neeravari Nigam Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Karnataka Neeravari Nigam 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 Neeravari Nigam Limited?
Current Directors
Name Designation Appointment Date Status
Shalini Rajneesh Nominee Director 06 Aug 2018 Current
Rajesh Amminabhavi Managing Director 31 Oct 2023 Current
Siddaramaiah Nominee Director 12 Jun 2023 Current
Ritesh Kumar Singh Nominee Director 31 Jan 2025 Current
Madhava Director 25 Sep 2023 Current
Krishnamurthy Basawantrao Kulkarni Nominee Director 08 Nov 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Nominee Director 08 Sep 2021 Past
Pramod Abcsdd Director 16 Oct 2017 Past
Pramod Abcsdd Nominee Director 08 Nov 2021 Past
Pramod Abcsdd Director 08 Dec 2019 Past
Pramod Abcsdd Nominee Director 01 Dec 2007 Past
Pramod Abcsdd Nominee Director 18 Jul 2018 Past

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Financial Performance of Karnataka Neeravari Nigam.

Karnataka Neeravari Nigam Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.21% increase. The company also saw a substantial fall in profitability, with a 47.99% decrease in profit. The company's net worth moved up by a moderate rise of 8.26%.

Karnataka Neeravari Nigam revenue growth over time
Karnataka Neeravari Nigam 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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 9.21%
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Revenue from Operations
*******
 5.70%
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*******
Total Assets
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 9.68%
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*******
*******
*******
Profit or Loss
*******
 -47.99%
*******
*******
*******
*******
Net Worth
*******
 8.26%
*******
*******
*******
*******
EBITDA
*******
 -40.55%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Karnataka Neeravari Nigam?

In 2023, Karnataka Neeravari Nigam 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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Charges (Loans)
Open Charges

₹31,480,000,000.00

Satisfied Charges

₹51,973,600,000.00

Charges Breakdown by Lending Institutions
  • Others : 1753.00 Cr
  • State Bank Of India : 1130.00 Cr
  • Indian Bank : 265.00 Cr
Latest Charge Details
Date Lender Amount Status
05 Nov 2022 Others ₹850.00 Cr Open
26 Apr 2022 Others ₹650.00 Cr Open
30 Mar 2017 State Bank Of India ₹1,130.00 Cr Open
30 Mar 2017 Indian Bank ₹265.00 Cr Open
24 Mar 2014 Others ₹253.00 Cr Open

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How Many Employees Work at Karnataka Neeravari Nigam?

Unlock and access historical data on people associated with Karnataka Neeravari Nigam, 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

Gain comprehensive insights into the Deals and Valuation data of Karnataka Neeravari Nigam, 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 Neeravari Nigam'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.

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Latest Updates, News, and FAQs on Karnataka Neeravari Nigam
Recent Activity within the Organization
  • Charges

    Progress on A charge registered on 29 Dec 2022 via Charge ID 100669315 with Others was fully satisfied on 17 Jan 2026. was documented.

  • Annual General Meeting

    Karnataka Neeravari Nigam Limited last Annual general meeting of members was held on 30 Dec 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    The activity Anjum Parwez was appointed as a Nominee Director was appointed as a Nominee Director on 04 Jun 2025 & has been associated with this company since 8 months 24 days . was completed.

  • Charges

    The activity A charge with State Bank Of India of Rs. 1,130.00 Cr registered on 30 Mar 2017 with Charge ID 100094419 was modified on 13 May 2025. was completed.

  • Balance Sheet

    The activity Karnataka Neeravari Nigam Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.

  • Charges

    Progress on A charge registered on 24 Mar 2018 via Charge ID 100176434 with Others was fully satisfied on 15 Feb 2025. was documented.

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Frequently Asked Questions
What is the CIN of Karnataka Neeravari Nigam Limited?

The CIN of Karnataka Neeravari Nigam Limited is U85110KA1998SGC024503.

Where is Karnataka Neeravari Nigam Limited headquartered?

Karnataka Neeravari Nigam Limited is headquartered at 4Th Floor,Coffee Board Building,No.1, Dr. Ambedkar Veedhi, Bangalore, Karnataka, 560001.

When was Karnataka Neeravari Nigam Limited incorporated?

Karnataka Neeravari Nigam Limited was incorporated on 09 December 1998.

Who are the current directors of Karnataka Neeravari Nigam Limited?

The current directors of Karnataka Neeravari Nigam Limited are

What is the primary industry of Karnataka Neeravari Nigam Limited?

The primary industry of Karnataka Neeravari Nigam Limited is Water Supply, Sewerage And Waste Management.

Is Karnataka Neeravari Nigam Limited a listed company?

Karnataka Neeravari Nigam Limited is unlisted.

What is the capital structure of Karnataka Neeravari Nigam Limited?

The authorized capital of Karnataka Neeravari Nigam Limited is ₹60,000.00 Cr, and the paid-up capital is ₹54,757.93 Cr.

What is the compliance status of Karnataka Neeravari Nigam Limited?

The compliance status of Karnataka Neeravari Nigam Limited is Compliant.

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