MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-10-0006348
Mepgen Solar Private Limited
Mepgen Solar Private Limited - environment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.29 Cr
▲ 275% YoY
Net profit · FY 2024
₹4.83 Cr
Net margin 66.3%
EBITDA · FY 2024
₹6.41 Cr
EBITDA margin 87.9%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹3.5 Cr
Issued & subscribed
Satisfied charges
₹10.6 Cr
No open charges
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
About Mepgen Solar Private Limited
Data last updated:
Mepgen Solar Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 18 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40108KA2016PTC085311. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors Somaiah Gangadhar and Nagaran Geetha.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 356 & 395 1st Floor 2nd E Main 11th Block Nagarbhavi 2nd Stage, Bangalore, Karnataka, India – 560072.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.29 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.83 Cr (net margin 66.3%) and EBITDA of ₹6.41 Cr (EBITDA margin 87.9%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years and 27% over five years.
As per MCA filings, the company has satisfied charges of ₹10.6 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Mepgen Solar Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-10-0006348). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U40108KA2016PTC085311
Registration Number 085311
Incorporation Date 18 January 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-10-0006348
Recognitions & Rankings of Mepgen Solar
Contact details
Mepgen Solar Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo. 356 & 395 1st Floor 2nd E Main 11th Block Nagarbhavi 2nd Stage, Bangalore, Karnataka, India – 560072
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Mepgen Solar Private Limited, buy the company report.
Comprehensive company report
Mepgen Solar Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Mepgen Solar is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of Mepgen Solar Private Limited, buy the company report.
Financials of Mepgen Solar Private Limited
FY 2025 filings availableMepgen Solar Private Limited reported revenue of ₹7.29 Cr (up 275% YoY) for FY 2024.
Revenue · FY 2024
₹7.29 Cr ▲ 275%
Net profit · FY 2024
₹4.83 Cr margin 66.3%
EBITDA · FY 2024
₹6.41 Cr margin 87.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 275%
3 years · compounded
▲ 60%
5 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▲ 342%
3 years · compounded
▲ 67%
5 years · compounded
▲ 26%
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 275% growth in the latest year. EBITDA rose 342% 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 | ₹6.41 Cr | ||||
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| Net Profit (PAT) | ₹4.83 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 87.9% | ||||
| Net Profit Margin | 66.3% | ||||
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To see the full financial statements and ratios of Mepgen Solar Private Limited, buy the company report.
Board of directors of Mepgen Solar Private Limited
Mepgen Solar has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Somaiah Gangadhar | Director | 18 Jan 2016 | 10 Years 9 Months | Current |
| Nagaran Geetha Also directs: M E Electricals Private Limited | Director | 26 Jun 2018 | 8 Years 3 Months | Current |
Auditor
Mepgen Solar Private Limited is audited by M S KRISHNAIAH & B R GOPALA RAO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S KRISHNAIAH & B R GOPALA RAO | FY 2022 | 009580S |
Shareholding
The shareholding of Mepgen Solar Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mepgen Solar Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹10.6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Oct 2016 | 100059609 | Others | ₹10.6 Cr | Satisfied |
To see the full charge records of Mepgen Solar Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Mepgen Solar Private Limited has 1 court case on record: 1 filed by Mepgen Solar. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against The Karnataka State Financial Corporation | Disposed |
To see the full case history of Mepgen Solar Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mepgen Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mepgen Solar has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Mepgen Solar Private Limited, buy the company report.
Recent activity
Mepgen Solar Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Ale Vasudevareddy Nagarajareddy ceased to be Director on 03 Jun 2019.
AGM
Mepgen Solar Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mepgen Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 05 Oct 2016 via Charge ID 100059609 with Others was fully satisfied on 11 Sep 2023.
Ceased
Ale Vasudevareddy Nagarajareddy ceased to be Director.
Ceased
Somaiah Lokesha ceased to be Director.
Appointed
Nagaran Geetha was appointed as Director.
Charges
A charge with Others amounted to Rs. 10.60 Cr with Charge ID 100059609 was registered on 05 Oct 2016.
Appointed
Somaiah Gangadhar was appointed as Director.
Incorporation
18 Jan 2016
Mepgen Solar Private Limited was registered on 18 Jan 2016 with Roc Bangalore & aged 10 years 9 months as per MCA records.
Frequently asked questions
Mepgen Solar is an active private limited company based in Bangalore, Karnataka, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 18 January 2016 (10+ years old) and is registered under CIN U40108KA2016PTC085311.
Mepgen Solar has 2 current directors:
- Somaiah Gangadhar - Director
- Nagaran Geetha - Director
The latest financial statements of Mepgen Solar on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
No. Mepgen Solar has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mepgen Solar is U40108KA2016PTC085311. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mepgen Solar has 1 court case on record: 1 filed by the company.
Mepgen Solar was incorporated on 18 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Ale Vasudevareddy Nagarajareddy ceased to be Director on 03 Jun 2019. Somaiah Lokesha ceased to be Director on 03 Jun 2019. Nagaran Geetha was appointed as Director on 26 Jun 2018. Mepgen Solar has 4 board changes on record in total.
Yes, Mepgen Solar is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-10-0006348).
The registered office of Mepgen Solar is at No. 356 & 395 1st Floor 2nd E Main 11th Block Nagarbhavi 2nd Stage, Bangalore, Karnataka, India – 560072.