Karnataka Solar Power Development Corporation Limited - Company Profile

It is a environment public limited company based in Bangalore North, Karnataka, India, established in 2015.
2015 Bangalore North, Karnataka, India Active
Last Updated:
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About Karnataka Solar Power Development Corporation Limited

Karnataka Solar Power Development Corporation Limited, a active public limited company, was established on 12 March 2015 in Bangalore North, Karnataka, India. Engaging in solar energy solutions within the electricity, gas, steam and air condition supply sector, it holds CIN: U40107KA2015PLC079223. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹1.00 Cr.

Formerly known as Karnataka Solar Power Development Corporation Private Limited. It upholds a compliant status. Its leadership includes Rameshwar Gupta Prasad (Nominee Director), Ganalu Puttaswamy Nagaraja (Nominee Director), Kolgunsi Panchaksharaiah Rudrappaiah (Nominee Director). Past directors included Dambalappagavi Nagaraj, Srinivasappa, Rameshwar Gupta Prasad. Its latest AGM occurred on 20 August 2025, with the balance sheet filed on 31 March 2025. It is based at No.6/13/1, Kredl Office Building, 5Th Floor, 10Th Block, 2Nd Stage,, Bangalore North, Karnataka, 560072.

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

    U40107KA2015PLC079223

  • Registration Number

    079223

  • Incorporation Date

    12 March 2015

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹1.00 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 10 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -0.65%
  • Profit Growth **** -62.65%
  • Ebitda **** -34.76%
  • Net Worth 2.60%
  • Total Assets -0.92%
Company report

Karnataka Solar Power Development Corporation Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Karnataka Solar Power 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 Solar Power Development Corporation Limited?
Current Directors
Name Designation Appointment Date Status
Rameshwar Gupta Prasad Nominee Director 18 Apr 2024 Current
Ganalu Puttaswamy Nagaraja Nominee Director 20 Jul 2023 Current
Kolgunsi Panchaksharaiah Rudrappaiah Nominee Director 27 Jul 2021 Current
Sanjay Sharma Nominee Director 11 Jul 2018 Current
Sivakumar Venkat Vepakomma Nominee Director 10 May 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Nominee Director 27 Sep 2018 Past
Pramod Abcsdd Nominee Director 09 Feb 2022 Past
Pramod Abcsdd Nominee Director 10 May 2025 Past
Pramod Abcsdd Nominee Director 02 Aug 2019 Past
Pramod Abcsdd Nominee Director 05 Oct 2023 Past
Pramod Abcsdd Nominee Director 20 Jul 2023 Past

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Financial Performance of Karnataka Solar Power Development Corporation.

Karnataka Solar Power Development Corporation Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.65% decrease. The company also saw a substantial fall in profitability, with a 62.65% decrease in profit. The company's net worth moved up by a moderate rise of 2.6%.

Karnataka Solar Power Development Corporation revenue growth over time
Karnataka Solar Power 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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 -0.65%
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Revenue from Operations
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 2.38%
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Total Assets
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 -0.92%
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*******
Profit or Loss
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 -62.65%
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*******
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Net Worth
*******
 2.60%
*******
*******
*******
*******
EBITDA
*******
 -34.76%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Karnataka Solar Power Development Corporation?

In 2023, Karnataka Solar Power 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 Solar Power Development Corporation?

Unlock and access historical data on people associated with Karnataka Solar Power 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 Solar Power 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 Solar Power 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
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 Solar Power Development Corporation
Recent Activity within the Organization
  • Annual General Meeting

    The activity Karnataka Solar Power Development Corporation Limited last Annual general meeting of members was held on 20 Aug 2025 as per latest MCA records. was completed.

  • Director Appointment

    Progress on Sivakumar Venkat Vepakomma was appointed as a Nominee Director was appointed as a Nominee Director on 10 May 2025 & has been associated with this company since 9 months 20 days . was documented.

  • Balance Sheet

    The activity Karnataka Solar Power Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.

  • Director Appointment

    The activity Rameshwar Gupta Prasad was appointed as a Nominee Director was appointed as a Nominee Director on 18 Apr 2024 & has been associated with this company since 1 year 10 months . was completed.

  • Director Appointment

    The activity Ganalu Puttaswamy Nagaraja was appointed as a Nominee Director was appointed as a Nominee Director on 20 Jul 2023 & has been associated with this company since 2 years 7 months . was completed.

  • Director Appointment

    Progress on Kolgunsi Panchaksharaiah Rudrappaiah was appointed as a Nominee Director was appointed as a Nominee Director on 27 Jul 2021 & has been associated with this company since 4 years 7 months . was documented.

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

The CIN of Karnataka Solar Power Development Corporation Limited is U40107KA2015PLC079223.

Where is Karnataka Solar Power Development Corporation Limited headquartered?

Karnataka Solar Power Development Corporation Limited is headquartered at No.6/13/1, Kredl Office Building, 5Th Floor, 10Th Block, 2Nd Stage,, Bangalore North, Karnataka, 560072.

When was Karnataka Solar Power Development Corporation Limited incorporated?

Karnataka Solar Power Development Corporation Limited was incorporated on 12 March 2015.

Who are the current directors of Karnataka Solar Power Development Corporation Limited?

The current directors of Karnataka Solar Power Development Corporation Limited are

What is the primary industry of Karnataka Solar Power Development Corporation Limited?

The primary industry of Karnataka Solar Power Development Corporation Limited is Electricity, Gas, Steam And Air Condition Supply.

Is Karnataka Solar Power Development Corporation Limited a listed company?

Karnataka Solar Power Development Corporation Limited is unlisted.

What is the capital structure of Karnataka Solar Power Development Corporation Limited?

The authorized capital of Karnataka Solar Power Development Corporation Limited is ₹1.00 Cr, and the paid-up capital is ₹1.00 Cr.

What is the compliance status of Karnataka Solar Power Development Corporation Limited?

The compliance status of Karnataka Solar Power Development Corporation Limited is Compliant.

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