Karuna Solar Clean Tech Private Limited
About Karuna Solar Clean Tech Private Limited
Data last updated:
Karuna Solar Clean Tech Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the clean energy solutions segment of the environmental services sector. It was incorporated on 26 July 2013.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40106KA2013PTC070346. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Solaratria Clean Tech Private Limited. It is led by directors Karuna Boddupalli and Venkata Nimmagadda Bhanuprasad.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No. 11 1st Floor Commissariat Road, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2019, the company reported a revenue of ₹13,302. For the same year it recorded a net loss of ₹8.89 Lakh and EBITDA of -₹8.64 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 95% over three years.
Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
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- Registered AddressNo. 11 1st Floor Commissariat Road, Bangalore, Karnataka, India – 560025
- IndustryEnvironment, Clean Energy Solutions
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Karuna Solar Clean Tech Private Limited
The main business activity of Karuna Solar Clean Tech is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Karuna Solar Clean Tech Private Limited FY 2019 filings available
Karuna Solar Clean Tech Private Limited reported revenue of ₹13,302 for FY 2019.
Compounded Annual Growth Rate (CAGR) of Karuna Solar Clean Tech Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 95% over three years. EBITDA rose 87% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Karuna Solar Clean Tech Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹8.64 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8.89 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Karuna Solar Clean Tech Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Karuna Solar Clean Tech are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Karuna Solar Clean Tech Private Limited
Karuna Solar Clean Tech Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Energy Solutions). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Visco Green Energy Solutions Private Limited | ₹15,430 (FY 2025) | •••• | •••• | 3.0% | •••• | Agra, Uttar Pradesh, India |
| Zetamp Energy Solutions Private Limited | ₹15,367 (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Jiva Elements and Energy Solutions Private Limited | ₹15,000 (FY 2025) | •••• | •••• | -28.0% | •••• | Mumbai, Maharashtra, India |
| Alexis Energy Solutions Private Limited | ₹14,530 (FY 2024) | •••• | •••• | 25.0% | •••• | New Delhi, Delhi, India |
| Concast Energy Limited | ₹13,500 (FY 2023) | •••• | •••• | -100.0% | •••• | Kolkata, West Bengal, India |
| Karuna Solar Clean Tech Private Limited this company | ₹13,302 (FY 2019) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Deepam Geon Green Energy Private Limited | ₹13,250 (FY 2025) | •••• | •••• | -34.0% | •••• | Chennai, Tamil Nadu, India |
| Samaya Noa Private Limited | ₹13,169 (FY 2024) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| Dhara Energy Private Limited | ₹12,264 (FY 2025) | •••• | •••• | 6.0% | •••• | Mysore, Karnataka, India |
| Zenathom Private Limited | ₹11,861 (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| HTLT Energy Solutions Private Limited | ₹11,700 (FY 2023) | •••• | •••• | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Karuna Solar Clean Tech by revenue in the Cleantech industry (Energy Solutions), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Karuna Solar Clean Tech Private Limited
Karuna Solar Clean Tech Private Limited is audited by LAWRENCE TELLIS & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| LAWRENCE TELLIS & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Karuna Solar Clean Tech Private Limited
Karuna Solar Clean Tech has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karuna Boddupalli | Additional Director | 12 Feb 2020 | 6 Years 7 Months | As last reported |
| Venkata Nimmagadda Bhanuprasad | Additional Director | 12 Feb 2020 | 6 Years 7 Months | As last reported |
Ownership and Shareholding of Karuna Solar Clean Tech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Karuna Solar Clean Tech Private Limited
Karuna Solar Clean Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Karuna Solar Clean Tech Private Limited
Karuna Solar Clean Tech Private Limited has 3 court cases on record: 1 filed by Karuna Solar Clean Tech, 2 filed against it. 1 case is pending and 2 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 2 | 2 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Insolvency matter | Filed against the company by an individual | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by an individual | Disposed |
| Supreme Court | Appeal | Filed by the company against an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Karuna Solar Clean Tech Private Limited
Employment history and EPFO contributions of people linked to Karuna Solar Clean Tech.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Karuna Solar Clean Tech Private Limited
Karuna Solar Clean Tech Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Bindinganavale Ranga Krishna Kumar ceased to be Director on 12 Feb 2020.
Credit Ratings, Litigation & Regulatory Alerts for Karuna Solar Clean Tech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Karuna Solar Clean Tech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Karuna Solar Clean Tech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Karuna Solar Clean Tech Private Limited
Karuna Solar Clean Tech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Karuna Solar Clean Tech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Karuna Solar Clean Tech Private Limited
Karuna Solar Clean Tech is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Karuna Solar Clean Tech is a company under liquidation, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in clean energy solutions, within the environment industry. It was incorporated on 26 July 2013 and is registered under CIN U40106KA2013PTC070346. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Karuna Solar Clean Tech reported revenue of ₹13,302 for FY 2019.
Karuna Solar Clean Tech has 2 current directors:
- Karuna Boddupalli - Additional Director
- Venkata Nimmagadda Bhanuprasad - Additional Director
Karuna Solar Clean Tech reported a net loss of ₹8.89 Lakh and EBITDA of -₹8.64 Lakh for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Karuna Solar Clean Tech is -95% over three years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Karuna Solar Clean Tech is U40106KA2013PTC070346. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karuna Solar Clean Tech has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the nclat.
Karuna Solar Clean Tech was incorporated on 26 July 2013. It is registered with the Registrar of Companies, Bangalore.
The peers of Karuna Solar Clean Tech by revenue are Visco Green Energy Solutions Private Limited, Zetamp Energy Solutions Private Limited, Jiva Elements and Energy Solutions Private Limited, Alexis Energy Solutions Private Limited, Concast Energy Limited and 5 more, all in the Cleantech industry (Energy Solutions).
Bindinganavale Ranga Krishna Kumar ceased to be Director on 12 Feb 2020. Chinnaswamy Sunder Raju ceased to be Director on 12 Feb 2020. Karuna Boddupalli was appointed as Additional Director on 12 Feb 2020. Karuna Solar Clean Tech has 5 board changes on record in total.