Karnataka Road Development Corporation Limited - Company Profile

It is a infrastructure and utilities public limited state government company based in Bangalore, Karnataka, India, established in 1999.

1999 Bangalore, Karnataka, India Active

Last Updated: December 22, 2025

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About Karnataka Road Development Corporation Limited

Karnataka Road Development Corporation Limited, a active public limited state government company, was established on 21 July 1999 in Bangalore, Karnataka, India. Engaging in road & bridge construction within the public services by government agencies sector, it holds CIN: U45209KA1999SGC025497. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹510.00 Cr and a paid-up capital of ₹310.00 Cr.

It upholds a compliant status. Employing 22 professional, Its leadership includes Sathyanarayana Chikkanayakanahalli (Nominee Director), Reju Murickummoodu Thankachan (Nominee Director), Ramakrishna Jaiprasad (Nominee Director). Past directors included Ramesh Nandanahosur Sahadevappa, Satish Laxmanrao Jarkiholi, Ganesha Munishamappa. It holds ₹1,279.00 Cr open charges and no settled loans. Its latest AGM occurred on 24 December 2024, with the balance sheet filed on 31 March 2024. It is based at Samparka Soudha, Sy. No. 8, Bep Premises Dr. Rajkumar Road, Rajajinagar 1St Block, Bangalore, Karnataka, 560010.

Company Details

CIN/LLPIN
U45209KA1999SGC025497
Registration Number
025497
Incorporation Date
21 July 1999
Authorized Capital
₹510.00 Cr
Paid-Up Capital
₹310.00 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 510.00 Cr as on 22-12-2025
Paid Up Capital ₹ 310.00 Cr as on 22-12-2025
Company Age 26 Year, 7 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 1,279.00 Cr as on 22-12-2025
Revenue Growth **** -0.25% (FY 2023)
Profit Growth **** -47.25% (FY 2023)
Ebitda **** -5.09% (FY 2023)
Net Worth 1.03% (FY 2023)
Total Assets **** 41.02% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Karnataka Road 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 Road Development Corporation Limited?

Current Directors

Name	Designation	Appointment Date	Status
Sathyanarayana Chikkanayakanahalli	Nominee Director	31 May 2023	Current
Reju Murickummoodu Thankachan	Nominee Director	23 Aug 2023	Current
Ramakrishna Jaiprasad	Nominee Director	22 Sep 2008	Current
Shankaragouda Fakkeeragouda Patil	Nominee Director	08 Aug 2023	Current
Amlan Aditya Biswas	Nominee Director	02 Jun 2025	Current
Gurudatta Suryanarayanarao	Nominee Director	06 May 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Managing Director	17 Apr 2010	Past
Pramod Abcsdd	Nominee Director	06 Feb 2024	Past
Pramod Abcsdd	Managing Director	21 Jan 2019	Past
Pramod Abcsdd	Nominee Director	22 Nov 2012	Past
Pramod Abcsdd	Nominee Director	05 May 2009	Past
Pramod Abcsdd	Nominee Director	17 Aug 2006	Past

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Financial Performance of Karnataka Road Development Corporation.

Karnataka Road Development Corporation Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.25% decrease. The company also saw a substantial fall in profitability, with a 47.25% decrease in profit. The company's net worth moved up by a moderate rise of 1.03%.

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

********

-0.25%

*******

Revenue from Operations

*******

1.59%

*******

Total Assets

*******

41.02%

*******

Profit or Loss

*******

-47.25%

*******

Net Worth

*******

1.03%

*******

EBITDA

*******

-5.09%

*******

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What is the Ownership and Shareholding Structure of Karnataka Road Development Corporation?

In 2023, Karnataka Road Development Corporation had a promoter holding of 83.87% and a public holding of 16.13%. 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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Charges (Loans)

Open Charges

₹12,790,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Canara Bank : 700.00 Cr
Others : 347.00 Cr
Vijaya Bank : 232.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
16 Mar 2024	Others	₹347.00 Cr	Open
24 Mar 2022	Canara Bank	₹350.00 Cr	Open
20 Dec 2021	Canara Bank	₹350.00 Cr	Open
24 Apr 2017	Vijaya Bank	₹232.00 Cr	Open

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How Many Employees Work at Karnataka Road Development Corporation?

Karnataka Road Development Corporation has a workforce of 22 employees as of Apr 04, 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

Gain comprehensive insights into the Deals and Valuation data of Karnataka Road Development 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 Karnataka Road Development Corporation's trajectory.

Rating

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

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 Road Development Corporation

Recent Activity within the Organization

Director Appointment

Progress on Amlan Aditya Biswas was appointed as a Nominee Director was appointed as a Nominee Director on 02 Jun 2025 & has been associated with this company since 8 months 18 days . was documented.
02 Jun 2025
Director Appointment

Progress on Susheelamma Narayanappa was appointed as a Managing Director was appointed as a Managing Director on 12 May 2025 & has been associated with this company since 9 months 9 days . was documented.
12 May 2025
Annual General Meeting

The activity Karnataka Road Development Corporation Limited last Annual general meeting of members was held on 24 Dec 2024 as per latest MCA records. was completed.
24 Dec 2024
Director Appointment

Progress on Gurudatta Suryanarayanarao was appointed as a Nominee Director was appointed as a Nominee Director on 06 May 2024 & has been associated with this company since 1 year 9 months . was documented.
06 May 2024
Balance Sheet

Progress on Karnataka Road Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.
31 Mar 2024
Charges

Progress on A charge with Others amounted to Rs. 347.00 Cr with Charge ID 100881550 was registered on 16 Mar 2024. was documented.
16 Mar 2024

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