- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KR-03-0033101

About Solar Corona Energy Private Limited
Data last updated:
Solar Corona Energy Private Limited is a private limited company based in Hebbal, Karnataka, India. It operates in the power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 28 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014PTC076113. Its GSTIN is 29AAUCS9072P1ZZ (Karnataka).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Umakant Mahadev Patankar (Managing Director) and Chelisa Sharon.
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.36/1 Chinnappa Layout Behind Sun Rise School Kempapura, Hebbal, Karnataka, India – 560024.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.11 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.92 Lakh (net margin 3.3%) and EBITDA of ₹12.8 Lakh (EBITDA margin 6.1%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 1% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Solar Corona Energy. As per MCA filings, the company has open charges of ₹10 Lakh on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending.
Solar Corona Energy Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0033101). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website coronaenergy.co.
Company details
Recognitions & Rankings of Solar Corona Energy
Contact details
Solar Corona Energy Private Limited's registered office is in Hebbal, Karnataka. Its website is coronaenergy.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.36/1 Chinnappa Layout Behind Sun Rise School Kempapura, Hebbal, Karnataka, India – 560024
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
To see the full contact details of Solar Corona Energy 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
Brands
Solar Corona Energy operates one associated brand: Solar Corona Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers solar energy design, installation, and maintenance for various sectors. | coronaenergy.co |
Business activity
The main business activities of Solar Corona Energy are trade and professional, scientific and technical. In detail, this covers wholesale trading and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Solar Corona Energy Private Limited, buy the company report.
Financials of Solar Corona Energy Private Limited
FY 2025 filings availableSolar Corona Energy Private Limited reported revenue of ₹2.11 Cr (up 486% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 486% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 116% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.11 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.8 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.92 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | 3.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Solar Corona Energy Private Limited, buy the company report.
Board of directors of Solar Corona Energy Private Limited
Solar Corona Energy has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chelisa Sharon | Director | 07 Feb 2022 | 4 Years 9 Months | Current |
| Umakant Mahadev Patankar | Managing Director | 28 Aug 2014 | 12 Years 2 Months | Current |
Auditor
Solar Corona Energy Private Limited is audited by R M Shetty & Company for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R M Shetty & Company | FY 2021 | 008995S |
Shareholding
The shareholding of Solar Corona Energy Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solar Corona Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2016 | 10622421 | State Bank of Mysore | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Solar Corona Energy Private Limited has 4 court cases on record: 2 filed by Solar Corona Energy, 2 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| High courts | 2 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Arbitration matter | Filed against the company by M/S Gensolar Energy Private Limited | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against M/S Gensolar Energy Pvt Ltd, | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Gensolar Energy Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Solar Corona Energy 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 Solar Corona Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solar Corona Energy Private Limited has a workforce of 7 employees on its EPFO records as of Dec 31, 2024, across 1 active EPFO establishment.
GST
Solar Corona Energy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAUCS9072P1ZZ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solar Corona Energy Private Limited, buy the company report.
Recent activity
Solar Corona Energy Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Suma Krishna Revankar ceased to be Director on 10 Feb 2022.
Frequently asked questions
Solar Corona Energy is an active private limited company based in Hebbal, Karnataka, India. The company works in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 28 August 2014 (12+ years old) and is registered under CIN U74900KA2014PTC076113.
Solar Corona Energy has 2 current directors:
- Umakant Mahadev Patankar - Managing Director
- Chelisa Sharon - Director
The latest financial statements of Solar Corona Energy 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 2015 are in the company report.
The GSTIN of Solar Corona Energy is 29AAUCS9072P1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Solar Corona Energy is U74900KA2014PTC076113. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solar Corona Energy has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Solar Corona Energy was incorporated on 28 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Suma Krishna Revankar ceased to be Director on 10 Feb 2022. Chelisa Sharon was appointed as Director on 07 Feb 2022. Umakant Mahadev Patankar ceased to be Director on 04 Feb 2017. Solar Corona Energy has 6 board changes on record in total.
Yes, Solar Corona Energy is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0033101).
Solar Corona Energy can be reached through the website coronaenergy.co. Its registered office is in Hebbal, Karnataka, India.

