MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0257321
Sree Ugcl Projects Limited - infrastructure and utilities in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹231.01 Cr
▼ 20% YoY
Net profit · FY 2024
₹27.02 Cr
Net margin 11.7%
EBITDA · FY 2024
₹54.23 Cr
EBITDA margin 23.5%
Authorised capital
₹150 Cr
Registered with MCA
Paid-up capital
₹134.46 Cr
Issued & subscribed
Open charges
₹80 Cr
Satisfied ₹228.26 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
14
Provident fund records
About Sree Ugcl Projects Limited
Data last updated:
Sree Ugcl Projects Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 06 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45209KA2012PLC067045. Its GSTIN is 29AABCU5251F1ZC (Karnataka). The company holds 9 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹150 Cr and a paid-up capital of ₹134.46 Cr. It was formerly known as United Infra Corporation Bangalore Limited and United Projects & Holdings Limited. It is led by directors including Agarwal Rajesh and Bhargav Myneni.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹231.01 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹27.02 Cr (net margin 11.7%) and EBITDA of ₹54.23 Cr (EBITDA margin 23.5%).
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹80 Cr and satisfied charges of ₹228.26 Cr on record. Court records list 100 cases involving the company, including 65 filed by the company and 35 filed against it; 43 cases are pending. The company has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹32.6 Cr; the latest was in March 2024.
Sree Ugcl Projects Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0257321). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website unitedglobalcorp.blogspot.com.
Company details
CIN U45209KA2012PLC067045
Registration Number 067045
Incorporation Date 06 December 2012
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0257321
Name history
Sree Ugcl Projects has undergone 7 name changes throughout its history. The current legal name is Sree Ugcl Projects Limited.
| Company Name | Status |
|---|---|
| Sree Ugcl Projects Limited | Current |
| United Infra Corporation Bangalore Limited | Previous |
| United Projects & Holdings Limited | Previous |
| United Project Corporation Limited | Previous |
| United Limited | Previous |
| Sri Srinivasa Constructions Limited | Previous |
| United Global Corporation Limited | Previous |
| United Corporation India Limited | Previous |
Recognitions & Rankings of Sree Ugcl Projects
Contact details
Sree Ugcl Projects Limited's registered office is in Bangalore, Karnataka. Its website is unitedglobalcorp.blogspot.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2nd Floor No.1 Ashoka Pride Complex, Ashoka Pillar Junction 1st Block Jayanagar 3rd Cross Road, Bangalore, Karnataka, India – 560011
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Sree Ugcl Projects Limited, buy the company report.
Comprehensive company report
Sree Ugcl Projects 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
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Business activity
The main business activity of Sree Ugcl Projects is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Sree Ugcl Projects Limited, buy the company report.
Financials of Sree Ugcl Projects Limited
FY 2024 filings availableSree Ugcl Projects Limited reported revenue of ₹231.01 Cr (down 20% YoY) for FY 2024.
Revenue · FY 2024
₹231.01 Cr ▼ 20%
Net profit · FY 2024
₹27.02 Cr margin 11.7%
EBITDA · FY 2024
₹54.23 Cr margin 23.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
EBITDA CAGR growth
1 year
▲ 65%
Revenue fell 20% in the latest year. EBITDA rose 65% in the latest 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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| Total Expenses | |||||
| EBITDA | ₹54.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27.02 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.5% | ||||
| Net Profit Margin | 11.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Sree Ugcl Projects Limited, buy the company report.
Board of directors of Sree Ugcl Projects Limited
Sree Ugcl Projects has 5 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Agarwal Rajesh | Director | 15 Sep 2023 | 3 Years 1 Months | Current |
| Bhargav Myneni | Director | 06 Dec 2012 | 13 Years 11 Months | Current |
| Vamsidhar Myneni Also directs: Sree Baglamukhi Ventures LLP, Sree Chamundi Ventures LLP, SS Varaahi Realty LLP and 5 more | Director | 27 Aug 2015 | 11 Years 2 Months | Current |
| Upendra Hosdurg Sundar Kamath | Director | 15 Sep 2023 | 3 Years 1 Months | Current |
| Rajitha Yarlagadda Also directs: Sree Baglamukhi Ventures LLP, Sree Chamundi Ventures LLP, SS Varaahi Realty LLP and 5 more | Director | 15 Sep 2025 | 1 Years 1 Months | Current |
Auditor
Sree Ugcl Projects Limited is audited by V Durga Prasad & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V Durga Prasad & Associates | FY 2023 | 017436S |
Shareholding
The shareholding of Sree Ugcl Projects Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sree Ugcl Projects Limited, buy the company report.
Charges & borrowings
Open charges
₹80 Cr
Satisfied charges
₹228.26 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2022 | 100646965 | Hdfc Bank Limited | ₹45 Cr | Open | |
| 25 Aug 2022 | 100607588 | Others | ₹35 Cr | Open | |
| 31 Dec 2022 | 100667101 | Axis Bank Limited | ₹49 Cr | Satisfied | |
| 27 Jan 2022 | 100535189 | Canara Bank | ₹5.7 Cr | Satisfied | |
| 30 Sep 2021 | 100491361 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Sree Ugcl Projects Limited, buy the company report.
Total charge records: 24 View all charges
Deals & funding
Sree Ugcl Projects Limited has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹32.6 Cr; the latest was in March 2024.
Total deals
10
Secondary share transfers
6
Funding rounds
3
Rights issue
1
Disclosed funding
₹32.6 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: VRR Enterprises Private Limited Seller: Ranjiv Enterprises Private Limited |
| Jan 2017 | Rights issue | ₹96 Lakh | Investors: VRR Holdings India Private Limited , Shri Vaishnavi Investments & Holdings Private Limited |
| Jan 2017 | Secondary share transfer | Undisclosed | Buyer: VRR Enterprises Private Limited Seller: Ranjiv Corporation Private Limited |
| Mar 2015 | Funding round | ₹20.67 Cr | Investors: Ranjiv Corporation Private Limited , Ranjiv Enterprises Private Limited , Shri Vaishnavi Investments & Holdings Private Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Ranjiv Corporation Private Limited Seller: Green Assets Mahadevapura Private Limited |
To see the full deal history of Sree Ugcl Projects Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sree Ugcl Projects Limited has 100 court cases on record: 65 filed by Sree Ugcl Projects, 35 filed against it. 43 cases are pending and 57 are disposed.
Total cases
100
Filed by the company
65
Filed against the company
35
Pending
43
Disposed
57
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 68 | 9 | 38 |
| District courts | 26 | 21 | 4 |
| NCLAT | 5 | 5 | 0 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 100)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed by the company against Geosphere Industries Private Limited | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Bangalore Electricity Supply Company Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by A One Ispat Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by A One Ispat Pvt Ltd | Disposed |
| High Court, KARNATAKA | Writ petition | Filed against the company by M/S Sri SCL Infratech Limited and 3 others | Disposed |
To see the full case history of Sree Ugcl Projects 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 Sree Ugcl Projects Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sree Ugcl Projects Limited has a workforce of 14 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
40%
GST
Sree Ugcl Projects has 9 GST registrations: 4 active and 5 cancelled or inactive.
Total GSTINs
9
Active
4
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCU5251F1ZC | Karnataka | Active | 01 Jul 2017 |
| 17AABCU5251F1ZH | Meghalaya | Active | 07 Sep 2017 |
| 22AABCU5251F1ZQ | Chattisgarh | Active | 14 Jun 2019 |
| 33AABCU5251F1ZN | Tamil Nadu | Active | 25 Dec 2019 |
To see the full GST registrations and return filing status of Sree Ugcl Projects Limited, buy the company report.
Recent activity
Sree Ugcl Projects Limited has 21 board changes on record since 2012: 6 appointments and 15 cessations. The latest: Rajitha Yarlagadda was appointed as Director on 15 Sep 2025.
Charges
A charge registered on 26 Jun 2018 via Charge ID 100190280 with Yes Bank Limited was fully satisfied on 06 Oct 2025.
Appointed
Rajitha Yarlagadda was appointed as Director.
Charges
A charge registered on 18 Feb 2020 via Charge ID 100325464 with Yes Bank Limited was fully satisfied on 09 Sep 2025.
Charges
A charge registered on 07 Feb 2020 via Charge ID 100322051 with Yes Bank Limited was fully satisfied on 09 Sep 2025.
Charges
A charge registered on 31 Dec 2019 via Charge ID 100315679 with Yes Bank Limited was fully satisfied on 09 Sep 2025.
Charges
A charge registered on 31 Dec 2022 via Charge ID 100667101 with Axis Bank Limited was fully satisfied on 17 Jul 2025.
Charges
A charge registered on 16 Jun 2021 via Charge ID 100457476 with Axis Bank Limited was fully satisfied on 22 Apr 2025.
Charges
A charge registered on 19 Mar 2021 via Charge ID 100433034 with Axis Bank Limited was fully satisfied on 27 Mar 2025.
Appointed
Diccanna Manjundiah Venkataramaniah Sandeepani was appointed as CFO.
Charges
A charge registered on 30 Jul 2019 via Charge ID 100279649 with Others was fully satisfied on 20 Nov 2024.
AGM
Sree Ugcl Projects Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 27 Jan 2022 via Charge ID 100535189 with Canara Bank was fully satisfied on 20 Apr 2024.
61 earlier events are in the company report.
Frequently asked questions
Sree Ugcl Projects is an active public limited company based in Bangalore, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 06 December 2012 (14+ years old) and is registered under CIN U45209KA2012PLC067045.
Sree Ugcl Projects has 5 current directors:
- Agarwal Rajesh - Director
- Bhargav Myneni - Director
- Vamsidhar Myneni - Director
- Upendra Hosdurg Sundar Kamath - Director
- Rajitha Yarlagadda - Director
The latest financial statements of Sree Ugcl Projects on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sree Ugcl Projects is 29AABCU5251F1ZC, registered in Karnataka. The company has 9 GST registrations in all, of which 4 are active and 5 are cancelled or inactive. Other active GSTINs include 17AABCU5251F1ZH (Meghalaya), 22AABCU5251F1ZQ (Chattisgarh), 33AABCU5251F1ZN (Tamil Nadu).
The CIN (Corporate Identification Number) of Sree Ugcl Projects is U45209KA2012PLC067045. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sree Ugcl Projects has 100 court cases on record: 65 filed by the company and 35 filed against it. 43 are pending. Most are in the high courts.
Sree Ugcl Projects was incorporated on 06 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Sree Ugcl Projects has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹32.6 Cr; the latest was in March 2024.
Rajitha Yarlagadda was appointed as Director on 15 Sep 2025. Diccanna Manjundiah Venkataramaniah Sandeepani was appointed as CFO on 28 Dec 2024. Agarwal Rajesh ceased to be Additional Director on 28 Sep 2023. Sree Ugcl Projects has 21 board changes on record in total.
Yes, Sree Ugcl Projects is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0257321).
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