Karnataka State Coir Development Corporation Limited - Company Profile

It is a consumer goods public limited state government company based in Bangalore, Karnataka, India, established in 1985.
1985 Bangalore, Karnataka, India Active
Last Updated:
About Karnataka State Coir Development Corporation Limited

Karnataka State Coir Development Corporation Limited, a active public limited state government company, was established on 28 February 1985 in Bangalore, Karnataka, India. Engaging in home furnishings manufacturing within the manufacturing sector, it holds CIN: U85110KA1985SGC006743. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹3.05 Cr and a paid-up capital of ₹3.01 Cr.

It upholds a compliant status. Employing 55 professional, Its leadership includes Vhalbasappa S Honmane (Nominee Director), Nataraj Janakiram (Nominee Director), Jaykumar Hosuru Shivaramu (Nominee Director). Past directors included Vishal Ravi, Jawagal Shivasiddegowda Rekha Huliyappagowda, Jain Ghevarchand Mahendra. Its latest AGM occurred on 29 December 2025, with the balance sheet filed on 31 March 2025. It is based at Sf-4 & Sf-5, Sterling Towers (Garment Complex) Kssidc Industrial Estate, Rajajinagar, Bangalore, Karnataka, 560010.

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

    U85110KA1985SGC006743

  • Registration Number

    006743

  • Incorporation Date

    28 February 1985

  • Authorized Capital

    ₹3.05 Cr

  • Paid-Up Capital

    ₹3.01 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.05 Cr
  • Paid Up Capital ₹ 3.01 Cr
  • Company Age 40 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** 5.67%
  • Profit Growth **** 78.75%
  • Ebitda **** 26.47%
  • Net Worth -9.94%
  • Total Assets -3.66%
Company report

Karnataka State Coir Development Corporation Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Karnataka State Coir 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 State Coir Development Corporation Limited?
Current Directors
Name Designation Appointment Date Status
Vhalbasappa S Honmane Nominee Director 06 Sep 2023 Current
Nataraj Janakiram Nominee Director 14 Mar 2024 Current
Jaykumar Hosuru Shivaramu Nominee Director 29 Jan 2020 Current
Hatrabailu Anantha Krishna Shobha Nominee Director 29 Apr 2015 Current
Chikkahanasoge Narasappagowda Shiva Prakash Managing Director 29 May 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 27 Dec 2010 Past
Pramod Abcsdd Director 31 Oct 2012 Past
Pramod Abcsdd Director 15 Feb 2008 Past
Pramod Abcsdd Managing Director 07 Feb 2012 Past
Pramod Abcsdd Nominee Director 29 Nov 2018 Past
Pramod Abcsdd Nominee Director 06 Sep 2023 Past

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Financial Performance of Karnataka State Coir Development Corporation.

Karnataka State Coir Development Corporation Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.67% increase. The company also saw a substantial improvement in profitability, with a 78.75% increase in profit. The company's net worth dipped by a decrease of 9.94%.

Karnataka State Coir Development Corporation revenue growth over time
Karnataka State Coir Development Corporation profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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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5.67%
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Revenue from Operations
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13.25%
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Total Assets
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-3.66%
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Profit or Loss
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78.75%
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Net Worth
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-9.94%
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EBITDA
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26.47%
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*******
*******
*******

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

In 2023, Karnataka State Coir 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 Karnataka State Coir Development Corporation?

Karnataka State Coir Development Corporation has a workforce of 55 employees as of Oct 22, 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
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karnataka State Coir 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 State Coir Development Corporation'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

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Latest Updates, News, and FAQs on Karnataka State Coir Development Corporation
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Karnataka State Coir Development Corporation Limited last Annual general meeting of members was held on 29 Dec 2025 as per latest MCA records. was documented.

  • Director Appointment

    Chikkahanasoge Narasappagowda Shiva Prakash was appointed as a Managing Director was appointed as a Managing Director on 29 May 2025 & has been associated with this company since 8 months 24 days . was recorded as a recent event.

  • Balance Sheet

    The activity Karnataka State Coir Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.

  • Director Appointment

    Progress on Nataraj Janakiram was appointed as a Nominee Director was appointed as a Nominee Director on 14 Mar 2024 & has been associated with this company since 1 year 11 months . was documented.

  • Director Appointment

    Progress on Vhalbasappa S Honmane was appointed as a Nominee Director was appointed as a Nominee Director on 06 Sep 2023 & has been associated with this company since 2 years 5 months . was documented.

  • Director Appointment

    The activity Jaykumar Hosuru Shivaramu was appointed as a Nominee Director was appointed as a Nominee Director on 29 Jan 2020 & has been associated with this company since 6 years 23 days . was completed.

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Frequently Asked Questions
What is the CIN of Karnataka State Coir Development Corporation Limited?

The CIN of Karnataka State Coir Development Corporation Limited is U85110KA1985SGC006743.

Where is Karnataka State Coir Development Corporation Limited headquartered?

Karnataka State Coir Development Corporation Limited is headquartered at Sf-4 & Sf-5, Sterling Towers (Garment Complex) Kssidc Industrial Estate, Rajajinagar, Bangalore, Karnataka, 560010.

When was Karnataka State Coir Development Corporation Limited incorporated?

Karnataka State Coir Development Corporation Limited was incorporated on 28 February 1985.

Who are the current directors of Karnataka State Coir Development Corporation Limited?
What is the primary industry of Karnataka State Coir Development Corporation Limited?

The primary industry of Karnataka State Coir Development Corporation Limited is Manufacturing.

Is Karnataka State Coir Development Corporation Limited a listed company?

Karnataka State Coir Development Corporation Limited is unlisted.

What is the capital structure of Karnataka State Coir Development Corporation Limited?

The authorized capital of Karnataka State Coir Development Corporation Limited is ₹3.05 Cr, and the paid-up capital is ₹3.01 Cr.

What is the compliance status of Karnataka State Coir Development Corporation Limited?

The compliance status of Karnataka State Coir Development Corporation Limited is Compliant.

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