Karnataka State Minerals Corporation Limited

Karnataka State Minerals Corporation Limited

Government-owned company engaged in eco-friendly exploration, exploitation, and marketing of various minerals and granites.

1966 Bangalore, Karnataka (India) Active

About

Basic Data Updated:

8 days ago

Karnataka State Minerals Corporation Limited, previously known as Mysore Minerals Limited, has a rich history of being a fully owned Company of the Government of Karnataka. Its story began with a vision to engage in scientific and eco-friendly exploration, exploitation, and marketing of various minerals. The company takes pride in offering a diverse range of minerals and granites to its customers. The product portfolio of Karnataka State Minerals Corporation Limited is extensive and includes highly sought-after minerals such as chromite, iron ore, limestone, dolomite, China clay, aluminous clay, quartz, feldspar, bauxite, manganese, vermiculite, and soapstone. In addition, the company also provides a variety of colored granites, including ruby red, fish belly, multi-color, Hassan granite, chocolate brown, and pink panther. These granites and rough blocks are in high demand and are exported to countries such as Taiwan, Singapore, Australia, United States, Germany, and Italy. At present, Karnataka State Minerals Corporation Limited holds 40 Mining Leases, covering an impressive area of 5377.83 hectares, and 38 quarry leases, spanning an area of 294.30 acres, for various minerals and granites.

Industry

Company Details

  • Location

    Bangalore, Karnataka, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRN U85110KA1966SGC001620
Company No. 001620
Company Classification Public Limited State Government Company
Incorporation Date 13 May 1966
Date of AGM 30 Dec 2023
Date of Balance Sheet 31 Mar 2023
Listing Status Unlisted
ROC Code Roc Bangalore

Financials of Karnataka State Minerals Corporation Limited

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Karnataka State Minerals Corporation Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 209.12% increase. The company also saw a substantial improvement in profitability, with a 266.69% increase in profit. The company's net worth Soared by an impressive increase of 18.45%.

Corporate Structure

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People in Karnataka State Minerals Corporation Limited

Executive Team (1)

  • JS

    Jayavibhava Swamy In Managing Director

    Appointment Date: 03-Jul-2023

    Status: Current

Board Members(5)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

Deals i

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Rating

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Alert

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Recent activity within the organization

  • Activity

    Annual General Meeting

    Karnataka State Minerals Corporation Limited last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.

    30 Dec 2023
  • Activity

    Director Appointment

    Parakkunnum Chalil Jaffer was appointed as a Nominee Director was appointed as a Nominee Director on 29 Aug 2023 & has been associated with this company since 8 months 19 days .

    29 Aug 2023
  • Activity

    Director Appointment

    Shamanur Shivashankarappa Mallikarjun was appointed as a Nominee Director was appointed as a Nominee Director on 26 Jul 2023 & has been associated with this company since 9 months 23 days .

    26 Jul 2023
  • Activity

    Director Appointment

    Rgirish was appointed as a Nominee Director was appointed as a Nominee Director on 26 Jul 2023 & has been associated with this company since 9 months 23 days .

    26 Jul 2023
  • Activity

    Director Appointment

    Richard Dsouza was appointed as a Nominee Director was appointed as a Nominee Director on 26 Jul 2023 & has been associated with this company since 9 months 23 days .

    26 Jul 2023

Frequently asked questions

What is the Incorporation or founding date of Karnataka State Minerals Corporation Limited?

Karnataka State Minerals Corporation Limited was incorporated 58 years 5 days ago on 13 May 1966 with Registrar of Companies Roc Bangalore.

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