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 97 cases involving the company, including 66 filed by the company and 16 filed against it; 42 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. Its 10 peer companies in the Infrastructure industry (Construction Services) are compared by revenue, 5 larger and 5 smaller; the largest is Anjani Vishnu Holdings Limited with revenue of ₹235.84 Cr.
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.
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- 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
- 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
- One PDF report, delivered after checkout
Business Activity of Sree Ugcl Projects Limited
The main business activity of Sree Ugcl Projects is construction. In detail, this covers roads, railways, utility projects.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sree Ugcl Projects Limited FY 2024 filings available
Sree Ugcl Projects Limited reported revenue of ₹231.01 Cr (down 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Sree Ugcl Projects Limited
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 of Sree Ugcl Projects Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| 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) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Sree Ugcl Projects Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sree Ugcl Projects are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Sree Ugcl Projects Limited
Sree Ugcl Projects Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anjani Vishnu Holdings Limited | ₹235.84 Cr (FY 2023) | •••• | •••• | 158.0% | •••• | Hyderabad, Telangana, India |
| Trineva Infra Projects Private Limited | ₹235.69 Cr (FY 2025) | •••• | •••• | -48.0% | •••• | Chennai, Tamil Nadu, India |
| Kaushal Engineering Limited | ₹234.71 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Howrah, West Bengal, India |
| Torus Buildcon Private Limited | ₹233.38 Cr (FY 2017) | •••• | •••• | 113.0% | •••• | Delhi, India |
| Shree Associates Infraventures Limited | ₹231.65 Cr (FY 2025) | •••• | •••• | 77.0% | •••• | Pimpri Chinchwad, Maharashtra, India |
| Sree Ugcl Projects Limited this company | ₹231.01 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Bangalore, Karnataka, India |
| Jeet Asia Private Limited | ₹230.8 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Gurgaon, Haryana, India |
| Swami Hitech Projects Limited. | ₹230.2 Cr (FY 2016) | •••• | •••• | -9.0% | •••• | Faridabad, Haryana, India |
| Aps Hydro Private Limited | ₹229.84 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | New Delhi, Delhi, India |
| D. G. Belhekar Infra Private Limited | ₹229.76 Cr (FY 2025) | •••• | •••• | 86.0% | •••• | Pune, Maharashtra, India |
| Bhrunda Infra Private Limited | ₹229.36 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Sree Ugcl Projects by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sree Ugcl Projects Limited
Sree Ugcl Projects Limited is audited by V Durga Prasad & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V Durga Prasad & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Agarwal Rajesh | Director | 15 Sep 2023 | 3 Years 0 Months | Current |
| Bhargav Myneni | Director | 06 Dec 2012 | 13 Years 10 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 1 Months | Current |
| Upendra Hosdurg Sundar Kamath | Director | 15 Sep 2023 | 3 Years 0 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 0 Months | Current |
Ownership and Shareholding of Sree Ugcl Projects Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sree Ugcl Projects Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Nov 2022 | Hdfc Bank Limited | ₹45 Cr | Open |
| 25 Aug 2022 | Others | ₹35 Cr | Open |
| 31 Dec 2022 | Axis Bank Limited | ₹49 Cr | Satisfied |
| 27 Jan 2022 | Canara Bank | ₹5.7 Cr | Satisfied |
| 30 Sep 2021 | Others | ₹5 Cr | Satisfied |
Total charge records: 24 View all charges
Deals & Funding of Sree Ugcl Projects Limited
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.
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 |
Full deal history
All 10 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Sree Ugcl Projects Limited
Sree Ugcl Projects Limited has 97 court cases on record: 66 filed by Sree Ugcl Projects, 16 filed against it, 15 where it is another party. 42 cases are pending and 55 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 69 | 1 | 38 |
| District courts | 22 | 10 | 3 |
| NCLAT | 5 | 5 | 0 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 97)
| 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 Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by A One Ispat Private Limited | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Zetwerk Manufacturing Businesses Private Limited | Disposed |
Full case history
All 97 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Sree Ugcl Projects Limited
Sree Ugcl Projects Limited has a workforce of 14 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Sree Ugcl Projects Limited
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 |
Recent Activity on Sree Ugcl Projects Limited
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.
61 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sree Ugcl Projects Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sree Ugcl Projects Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sree Ugcl Projects Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sree Ugcl Projects Limited
Sree Ugcl Projects has 9 GST registrations: 4 active and 5 cancelled or inactive.
| 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 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sree Ugcl Projects Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sree Ugcl Projects Limited
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 reported revenue of ₹231.01 Cr for FY 2024 (down 20% YoY).
Sree Ugcl Projects has 5 current directors:
- Agarwal Rajesh - Director
- Bhargav Myneni - Director
- Vamsidhar Myneni - Director
- Upendra Hosdurg Sundar Kamath - Director
- Rajitha Yarlagadda - Director
Sree Ugcl Projects reported a net profit of ₹27.02 Cr (net margin 11.7%) and EBITDA of ₹54.23 Cr (EBITDA margin 23.5%) for FY 2024, as per its filed financial statements.
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 97 court cases on record: 66 filed by the company and 16 filed against it. 42 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.
The peers of Sree Ugcl Projects by revenue are Anjani Vishnu Holdings Limited, Trineva Infra Projects Private Limited, Kaushal Engineering Limited, Torus Buildcon Private Limited, Shree Associates Infraventures Limited and 5 more, all in the Infrastructure industry (Construction Services).
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.