Karnataka Thanda Development Corporation Limited - Company Profile

It is a infrastructure and utilities private limited state government company based in Bangalore, Karnataka, India, established in 2009.
2009 Bangalore, Karnataka, India Active
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About Karnataka Thanda Development Corporation Limited

Karnataka Thanda Development Corporation Limited, a active private limited state government company, was established on 23 February 2009 in Bangalore, Karnataka, India. Engaging in general infrastructure services within the financial and insurance service sector, it holds CIN: U93000KA2009SGC049213. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹3.01 Cr.

Formerly known as Thanda Development Banjara Corporation Limited. It upholds a compliant status. Employing 1 professional, Its leadership includes Parashuram Shinnalkar (Director), Lalsinghnaik Shivashankarnaik (Managing Director), Nagambikadevi Narasimhappa (Nominee Director). Past directors included Nagaraj Chittu Chavan, Sadali Narasimhaiah Jayaram, Heeralal Thippanaik. Its latest AGM occurred on 03 January 2024, with the balance sheet filed on 31 March 2021. It is based at Sairabagh2Ndfloor,19/4,Cunninghamroad,, Bangalore, Karnataka, 560052.

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

    U93000KA2009SGC049213

  • Registration Number

    049213

  • Incorporation Date

    23 February 2009

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹3.01 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.01 Cr
  • Company Age 16 Year, 11 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth **** -19.74%
  • Profit Growth **** -79.61%
  • Ebitda **** -9.60%
  • Net Worth 2.88%
  • Total Assets -0.75%
Company report

Karnataka Thanda Development Corporation Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Karnataka Thanda 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 Thanda Development Corporation Limited?
Current Directors
Name Designation Appointment Date Status
Parashuram Shinnalkar Director 23 Oct 2019 Current
Lalsinghnaik Shivashankarnaik Managing Director 28 Aug 2023 Current
Nagambikadevi Narasimhappa Nominee Director 28 Jul 2020 Current
Doddabalapur Shivananda Sudarshan Kumar Nominee Director 08 Mar 2019 Current
Neelaiah Raju Managing Director 31 Jul 2024 Current
Rakesh Kumar Krishna Murthy Nominee Director 18 Apr 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 12 Dec 2013 Past
Pramod Abcsdd Director 01 Apr 2015 Past
Pramod Abcsdd Managing Director 23 Oct 2019 Past
Pramod Abcsdd Nominee Director 23 Oct 2019 Past
Pramod Abcsdd Director 31 May 2018 Past
Pramod Abcsdd Director 28 Jul 2020 Past

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Financial Performance of Karnataka Thanda Development Corporation.

Karnataka Thanda Development Corporation Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 19.74% decrease. The company also saw a substantial fall in profitability, with a 79.61% decrease in profit. The company's net worth moved up by a moderate rise of 2.88%.

Karnataka Thanda Development Corporation revenue growth over time
Karnataka Thanda 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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 -19.74%
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Revenue from Operations
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Total Assets
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 -0.75%
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Profit or Loss
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 -79.61%
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Net Worth
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 2.88%
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EBITDA
*******
 -9.60%
*******
*******
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What is the Ownership and Shareholding Structure of Karnataka Thanda Development Corporation?

Unlock access to Karnataka Thanda Development Corporation's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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 Thanda Development Corporation?

Karnataka Thanda Development Corporation has a workforce of 1 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 Thanda 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 Thanda Development Corporation's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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 Thanda Development Corporation
Recent Activity within the Organization
  • Director Appointment

    Progress on Neelaiah Raju was appointed as a Managing Director was appointed as a Managing Director on 31 Jul 2024 & has been associated with this company since 1 year 6 months . was documented.

  • Annual General Meeting

    The activity Karnataka Thanda Development Corporation Limited last Annual general meeting of members was held on 03 Jan 2024 as per latest MCA records. was completed.

  • Director Appointment

    The activity Lalsinghnaik Shivashankarnaik was appointed as a Managing Director was appointed as a Managing Director on 28 Aug 2023 & has been associated with this company since 2 years 5 months . was completed.

  • Director Appointment

    The activity Rakesh Kumar Krishna Murthy was appointed as a Nominee Director was appointed as a Nominee Director on 18 Apr 2022 & has been associated with this company since 3 years 9 months . was completed.

  • Balance Sheet

    Karnataka Thanda Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    The activity Nagambikadevi Narasimhappa was appointed as a Nominee Director was appointed as a Nominee Director on 28 Jul 2020 & has been associated with this company since 5 years 6 months . was completed.

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

The CIN of Karnataka Thanda Development Corporation Limited is U93000KA2009SGC049213.

Where is Karnataka Thanda Development Corporation Limited headquartered?

Karnataka Thanda Development Corporation Limited is headquartered at Sairabagh2Ndfloor,19/4,Cunninghamroad,, Bangalore, Karnataka, 560052.

When was Karnataka Thanda Development Corporation Limited incorporated?

Karnataka Thanda Development Corporation Limited was incorporated on 23 February 2009.

Who are the current directors of Karnataka Thanda Development Corporation Limited?

The current directors of Karnataka Thanda Development Corporation Limited are

What is the primary industry of Karnataka Thanda Development Corporation Limited?

The primary industry of Karnataka Thanda Development Corporation Limited is Financial And Insurance Service.

Is Karnataka Thanda Development Corporation Limited a listed company?

Karnataka Thanda Development Corporation Limited is unlisted.

What is the capital structure of Karnataka Thanda Development Corporation Limited?

The authorized capital of Karnataka Thanda Development Corporation Limited is ₹5.00 Cr, and the paid-up capital is ₹3.01 Cr.

What is the compliance status of Karnataka Thanda Development Corporation Limited?

The compliance status of Karnataka Thanda Development Corporation Limited is Compliant.

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