Karnataka State Textile Infrastructure Development Corporation Limited. - Company Profile

It is a manufacturing public limited state government company based in Belgaum, Karnataka, India, established in 1994.
1994 Belgaum, Karnataka, India Active
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About Karnataka State Textile Infrastructure Development Corporation Limited.

Karnataka State Textile Infrastructure Development Corporation Limited., a active public limited state government company, was established on 09 February 1994 in Belgaum, Karnataka, India. Engaging in textile & fabric production within the public services by government agencies sector, it holds CIN: U17100KA1994SGC015213. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹3.22 Cr.

Formerly known as Karnataka State Powerloom Development Corporation Limited. It upholds a compliant status. Its leadership includes Vinothpriya Ramaiah (Nominee Director), Arul Kumar (Nominee Director), Krishnamurthy Jyothi (Nominee Director). Past directors included Pankaj Kumar Pandey, Jain Ghevarchand Mahendra, Paraswarappa Kandagal Pancharachar. Its latest AGM occurred on 28 February 2025, with the balance sheet filed on 31 March 2024. It is based at #Tp 11 & 12, Ground Floor,, Suvarna Vidhana Soudha,, Belgaum, Karnataka, 590020.

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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U17100KA1994SGC015213

  • Registration Number

    015213

  • Incorporation Date

    09 February 1994

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹3.22 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.22 Cr
  • Company Age 32 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** 22.06%
  • Profit Growth **** -15.02%
  • Ebitda **** 1.34%
  • Net Worth -15.63%
  • Total Assets -9.89%
Company report

Karnataka State Textile Infrastructure Development Corporation Limited.

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Karnataka State Textile Infrastructure 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 Textile Infrastructure Development Corporation Limited.?
Current Directors
Name Designation Appointment Date Status
Vinothpriya Ramaiah Nominee Director 21 Jun 2025 Current
Arul Kumar Nominee Director 13 Dec 2022 Current
Krishnamurthy Jyothi Nominee Director 04 Jul 2024 Current
Rohini Dasari Sindhuri Nominee Director 10 Oct 2025 Current
Guddadahalli Venkataramanappa Balaji Nominee Director 29 Sep 2025 Current
Krishnappa Chethan Nominee Director 26 Sep 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Nominee Director 13 Jun 2023 Past
Pramod Abcsdd Director 05 Feb 2008 Past
Pramod Abcsdd Managing Director 08 Jul 2013 Past
Pramod Abcsdd Nominee Director 28 Jun 2018 Past
Pramod Abcsdd Managing Director 22 Aug 2008 Past
Pramod Abcsdd Director 17 Jul 2017 Past

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Financial Performance of Karnataka State Textile Infrastructure Development Corporation.

Karnataka State Textile Infrastructure Development Corporation Limited., for the financial year ended 2023, experienced significant growth in revenue, with a 22.06% increase. The company also saw a substantial fall in profitability, with a 15.02% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.63%.

Karnataka State Textile Infrastructure Development Corporation revenue growth over time
Karnataka State Textile Infrastructure Development Corporation 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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 22.06%
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Revenue from Operations
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 44.18%
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Total Assets
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 -9.89%
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Profit or Loss
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 -15.02%
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*******
*******
*******
Net Worth
*******
 -15.63%
*******
*******
*******
*******
EBITDA
*******
 1.34%
*******
*******
*******
*******

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

In 2023, Karnataka State Textile Infrastructure 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 Textile Infrastructure Development Corporation?

Unlock and access historical data on people associated with Karnataka State Textile Infrastructure Development Corporation, 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 State Textile Infrastructure 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 Textile Infrastructure 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
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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 State Textile Infrastructure Development Corporation
Recent Activity within the Organization
  • Director Appointment

    Laxman Talawar was appointed as a Managing Director was appointed as a Managing Director on 05 Nov 2025 & has been associated with this company since 6 months 21 days . was recorded as a recent event.

  • Director Appointment

    Rohini Dasari Sindhuri was appointed as a Nominee Director was appointed as a Nominee Director on 10 Oct 2025 & has been associated with this company since 7 months 16 days . was recorded as a recent event.

  • Director Appointment

    The activity Guddadahalli Venkataramanappa Balaji was appointed as a Nominee Director was appointed as a Nominee Director on 29 Sep 2025 & has been associated with this company since 7 months 27 days . was completed.

  • Director Appointment

    Progress on Krishnappa Chethan was appointed as a Nominee Director was appointed as a Nominee Director on 26 Sep 2025 & has been associated with this company since 7 months 30 days . was documented.

  • Director Appointment

    Progress on Vinothpriya Ramaiah was appointed as a Nominee Director was appointed as a Nominee Director on 21 Jun 2025 & has been associated with this company since 11 months 5 days . was documented.

  • Annual General Meeting

    The activity Karnataka State Textile Infrastructure Development Corporation Limited. last Annual general meeting of members was held on 28 Feb 2025 as per latest MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Karnataka State Textile Infrastructure Development Corporation Limited.?

The CIN of Karnataka State Textile Infrastructure Development Corporation Limited. is U17100KA1994SGC015213.

Where is Karnataka State Textile Infrastructure Development Corporation Limited. headquartered?

Karnataka State Textile Infrastructure Development Corporation Limited. is headquartered at #Tp 11 & 12, Ground Floor,, Suvarna Vidhana Soudha,, Belgaum, Karnataka, 590020.

When was Karnataka State Textile Infrastructure Development Corporation Limited. incorporated?

Karnataka State Textile Infrastructure Development Corporation Limited. was incorporated on 09 February 1994.

Who are the current directors of Karnataka State Textile Infrastructure Development Corporation Limited.?

The current directors of Karnataka State Textile Infrastructure Development Corporation Limited. are

What is the primary industry of Karnataka State Textile Infrastructure Development Corporation Limited.?

The primary industry of Karnataka State Textile Infrastructure Development Corporation Limited. is Public Services By Government Agencies.

Is Karnataka State Textile Infrastructure Development Corporation Limited. a listed company?

Karnataka State Textile Infrastructure Development Corporation Limited. is unlisted.

What is the capital structure of Karnataka State Textile Infrastructure Development Corporation Limited.?

The authorized capital of Karnataka State Textile Infrastructure Development Corporation Limited. is ₹5.00 Cr, and the paid-up capital is ₹3.22 Cr.

What is the compliance status of Karnataka State Textile Infrastructure Development Corporation Limited.?

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

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