Karnataka State Small Industries Development Corporation Limited - Company Profile

It is a infrastructure and utilities public limited state government company based in Bangalore, Karnataka, India, established in 1960.

1960 Bangalore, Karnataka, India Active

Last Updated: December 30, 2025

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About Karnataka State Small Industries Development Corporation Limited

Karnataka State Small Industries Development Corporation Limited, a active public limited state government company, was established on 29 April 1960 in Bangalore, Karnataka, India. Engaging in general infrastructure services within the public services by government agencies sector, it holds CIN: U75112KA1960SGC001384. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹30.00 Cr and a paid-up capital of ₹26.02 Cr.

It upholds a compliant status. Employing 53 professional, Its leadership includes Mohammed Ikramulla Shariff (Nominee Director), Nitesh Patil (Nominee Director), Mahesh Mahadevaiah (Nominee Director). Past directors included Vishal Ravi, Pankaj Kumar Pandey, Arvind Nandeppa Burji. Its latest AGM occurred on 12 February 2025, with the balance sheet filed on 31 March 2024. It is based at Rajaji Nagar, Industrialestate, Bangalore Estate, Bangalore, Karnataka, 560044.

Company Details

CIN/LLPIN
U75112KA1960SGC001384
Registration Number
001384
Incorporation Date
29 April 1960
Authorized Capital
₹30.00 Cr
Paid-Up Capital
₹26.02 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 30.00 Cr as on 30-12-2025
Paid Up Capital ₹ 26.02 Cr as on 30-12-2025
Company Age 65 Year, 9 Months
Last Filing with ROC 31 Mar 2024
Revenue Growth **** 23.17% (FY 2023)
Profit Growth **** 130.55% (FY 2023)
Ebitda **** 291.94% (FY 2023)
Net Worth 15.06% (FY 2023)
Total Assets **** 12.11% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Karnataka State Small Industries 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 Small Industries Development Corporation Limited?

Current Directors

Name	Designation	Appointment Date	Status
Mohammed Ikramulla Shariff	Nominee Director	25 Jul 2024	Current
Nitesh Patil	Nominee Director	25 Jul 2024	Current
Mahesh Mahadevaiah	Nominee Director	07 Sep 2023	Current
Kalai Socrates	Nominee Director	07 Sep 2023	Current
Krishnaiah Rajendra	Managing Director	06 Sep 2024	Current
Khushboo Goel	Nominee Director	21 Nov 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	22 Feb 2010	Past
Pramod Abcsdd	Nominee Director	29 Sep 2017	Past
Pramod Abcsdd	Director	22 Jul 2009	Past
Pramod Abcsdd	Director	28 Jan 2008	Past
Pramod Abcsdd	Director	16 May 2013	Past
Pramod Abcsdd	Director	31 Jul 2008	Past

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Financial Performance of Karnataka State Small Industries Development Corporation.

Karnataka State Small Industries Development Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.17% increase. The company also saw a substantial improvement in profitability, with a 130.55% increase in profit. The company's net worth Soared by an impressive increase of 15.06%.

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

********

23.17%

*******

Revenue from Operations

*******

36.18%

*******

Total Assets

*******

12.11%

*******

Profit or Loss

*******

130.55%

*******

Net Worth

*******

15.06%

*******

EBITDA

*******

291.94%

*******

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

In 2023, Karnataka State Small Industries 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 State Small Industries Development Corporation?

Karnataka State Small Industries Development Corporation has a workforce of 53 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

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Deals i

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

Rating

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Alerts

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Latest Updates, News, and FAQs on Karnataka State Small Industries Development Corporation

Recent Activity within the Organization

Director Appointment

Sameer Shukla 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 25 days . was recorded as a recent event.
02 Jun 2025
Annual General Meeting

The activity Karnataka State Small Industries Development Corporation Limited last Annual general meeting of members was held on 12 Feb 2025 as per latest MCA records. was completed.
12 Feb 2025
Director Appointment

Khushboo Goel was appointed as a Nominee Director was appointed as a Nominee Director on 21 Nov 2024 & has been associated with this company since 1 year 3 months . was recorded as a recent event.
21 Nov 2024
Director Appointment

Krishnaiah Rajendra was appointed as a Managing Director was appointed as a Managing Director on 06 Sep 2024 & has been associated with this company since 1 year 5 months . was recorded as a recent event.
06 Sep 2024
Director Appointment

The activity Mohammed Ikramulla Shariff was appointed as a Nominee Director was appointed as a Nominee Director on 25 Jul 2024 & has been associated with this company since 1 year 7 months . was completed.
25 Jul 2024
Director Appointment

The activity Nitesh Patil was appointed as a Nominee Director was appointed as a Nominee Director on 25 Jul 2024 & has been associated with this company since 1 year 7 months . was completed.
25 Jul 2024

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