- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0196139

Sri Ugrappa Solar Private Limited
About Sri Ugrappa Solar Private Limited
Data last updated:
Sri Ugrappa Solar Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Sunren Power Private Limited. It operates in the water supply segment of the utilities sector. It was incorporated on 17 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40300KA2016PTC097175. Its GSTIN is 29AAXCS7287H1Z8 (Karnataka).
The company has an authorised share capital of ₹2.35 Cr and a paid-up capital of ₹2.25 Cr. It is led by directors Sanjeev Shankar Chougale and Ishwar V Hegde.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bengaluru, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.73 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹55.35 Lakh (net margin -14.8%) and EBITDA of ₹3.23 Cr (EBITDA margin 86.5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 10% over five years.
Sri Ugrappa Solar Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0196139). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Sri Ugrappa Solar
Contact details
Sri Ugrappa Solar Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.49 Euphoria Nest Apartment 2nd Floor 4th Cross Bhupasandra Main Road Rmv 2N, D Stage, Bengaluru, Karnataka, India – 560094
- IndustryUtilities, Water Supply
To see the full contact details of Sri Ugrappa Solar Private Limited, buy the company report.
- 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
Business activity
The main business activity of Sri Ugrappa Solar is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Sri Ugrappa Solar Private Limited, buy the company report.
Financials of Sri Ugrappa Solar Private Limited
FY 2024 filings availableSri Ugrappa Solar Private Limited reported revenue of ₹3.73 Cr (down 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 21% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.23 Cr | ||||
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| Net Profit (PAT) | -₹55.35 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 86.5% | ||||
| Net Profit Margin | -14.8% | ||||
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To see the full financial statements and ratios of Sri Ugrappa Solar Private Limited, buy the company report.
Board of directors of Sri Ugrappa Solar Private Limited
Sri Ugrappa Solar has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Shankar Chougale Also directs: Sunfan Jath Energy Private Limited, Rangadhol Solar Power Private Limited, Gavi Ranga Solars Private Limited and 5 more | Director | 26 Sep 2024 | 2 Years 1 Months | Current |
| Ishwar V Hegde Also directs: Citisolve LLP, Sunfan Jath Energy Private Limited, Sunfan Ananthapur Energy Private Limited and 5 more | Director | 17 Oct 2016 | 10 Years 0 Months | Current |
Peer comparison
Sri Ugrappa Solar Private Limited is compared with the 6 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Clean Max Thennal Private Limited | ₹3.76 Cr (FY 2025) | 115.0% | Mumbai, Maharashtra, India | |||
| Konark Gujarat PV Private Limited | ₹3.75 Cr (FY 2025) | -54.0% | Kolkata, West Bengal, India | |||
| Sri Ugrappa Solar Private Limitedthis company | ₹3.73 Cr (FY 2024) | -₹55.35 Lakh | -14.8% | -23.0% | Bengaluru, Karnataka, India | |
| Broil Solar Energy Private Limited | ₹3.73 Cr (FY 2025) | 22.0% | Chennai, Tamil Nadu, India | |||
| RJR Solar Power Project Private Limited | ₹3.72 Cr (FY 2025) | -30.0% | Hyderabad, Telangana, India | |||
| Sunpv Energy Private Limited | ₹3.72 Cr (FY 2024) | 67.0% | Bangalore, Karnataka, India | |||
| Aryavaan Renewable Energy Private Limited | ₹3.71 Cr (FY 2025) | -3.0% | Secunderabad, Telangana, India |
To see the full peer comparison of Sri Ugrappa Solar Private Limited, buy the company report.
Auditor
Sri Ugrappa Solar Private Limited is audited by K P H & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K P H & ASSOCIATES | FY 2017 | 017481S |
Shareholding
The shareholding of Sri Ugrappa Solar Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sri Ugrappa Solar Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sri Ugrappa Solar Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sri Ugrappa Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sri Ugrappa Solar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAXCS7287H1Z8 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sri Ugrappa Solar Private Limited, buy the company report.
Recent activity
Sri Ugrappa Solar Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Shridhar Ganapati Hegde ceased to be Director on 30 Mar 2025.
Frequently asked questions
Sri Ugrappa Solar is an active private limited company based in Bengaluru, Karnataka, India. The company works in water supply, within the utilities industry. It was incorporated on 17 October 2016 (10+ years old) and is registered under CIN U40300KA2016PTC097175.
Sri Ugrappa Solar has 2 current directors:
- Sanjeev Shankar Chougale - Director
- Ishwar V Hegde - Director
The latest financial statements of Sri Ugrappa Solar on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Sri Ugrappa Solar is 29AAXCS7287H1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Sri Ugrappa Solar is U40300KA2016PTC097175. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sri Ugrappa Solar was incorporated on 17 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sri Ugrappa Solar by revenue are Clean Max Thennal Private Limited, Konark Gujarat PV Private Limited, Broil Solar Energy Private Limited, RJR Solar Power Project Private Limited, Sunpv Energy Private Limited and 1 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Shridhar Ganapati Hegde ceased to be Director on 30 Mar 2025. Sanjeev Shankar Chougale was appointed as Director on 26 Sep 2024. Balasimha Rao ceased to be Director on 21 Sep 2022. Sri Ugrappa Solar has 4 board changes on record in total.
Yes, Sri Ugrappa Solar is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0196139).
The registered office of Sri Ugrappa Solar is at No.49 Euphoria Nest Apartment 2nd Floor 4th Cross Bhupasandra Main Road Rmv 2N, D Stage, Bengaluru, Karnataka, India – 560094.
Sri Ugrappa Solar operates in the utilities industry, in the water supply segment.