MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KR-03-0286889
Usolar Assetco One Private Limited - infrastructure and utilities in Bangalore, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2025
₹6.12 Cr
▲ 378% YoY
Net profit · FY 2025
₹2.38 Cr
Net margin 38.9%
EBITDA · FY 2025
₹6.04 Cr
EBITDA margin 98.7%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1.26 Lakh
Issued & subscribed
Open charges
₹70.65 Cr
Secured borrowings
Company age
3 yrs
Est. 2023
Directors on board
2
As per MCA filings
About Usolar Assetco One Private Limited
Data last updated:
Usolar Assetco One Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 22 March 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U35105KA2023PTC171516. Its GSTIN is 29AADCU2841F1ZC (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.26 Lakh. It is led by directors Kambinatham Harinarayan Rangarajan and Mudumbai Sarangapani Padma.
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 401 4th Floor The Excellency, Papanna Street Off St. Marks Road Bangalore 560001, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.12 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.38 Cr (net margin 38.9%) and EBITDA of ₹6.04 Cr (EBITDA margin 98.7%).
As per MCA filings, the company has open charges of ₹70.65 Cr on record.
Usolar Assetco One Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0286889). For more details, the company can be reached via its website usolar.in.
Company details
CIN U35105KA2023PTC171516
Registration Number 171516
Incorporation Date 22 March 2023
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0286889
Recognitions & Rankings of Usolar Assetco One
Contact details
Usolar Assetco One Private Limited's registered office is in Bangalore, Karnataka.
- Social Media
- Registered Address401 4th Floor The Excellency, Papanna Street Off St. Marks Road Bangalore 560001, Karnataka, India – 560001
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
Comprehensive company report
Usolar Assetco One 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 Usolar Assetco One is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Usolar Assetco One Private Limited, buy the company report.
Financials of Usolar Assetco One Private Limited
FY 2025 filings availableUsolar Assetco One Private Limited reported revenue of ₹6.12 Cr (up 378% YoY) for FY 2025.
Revenue · FY 2025
₹6.12 Cr ▲ 378%
Net profit · FY 2025
₹2.38 Cr margin 38.9%
EBITDA · FY 2025
₹6.04 Cr margin 98.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 378%
EBITDA CAGR growth
1 year
▲ 400%
Revenue rose 378% in the latest year. EBITDA rose 400% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
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| Total Revenue | |||
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| Total Expenses | |||
| EBITDA | ₹6.04 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.38 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
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| Trade Payables | |||
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| Inventories | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 98.7% | ||
| Net Profit Margin | 38.9% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
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| Receivable Days | |||
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| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Usolar Assetco One Private Limited, buy the company report.
Board of directors of Usolar Assetco One Private Limited
Usolar Assetco One has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kambinatham Harinarayan Rangarajan Also directs: H2p2 Partners LLP, Usolar Assetco Two Private Limited, U-Solar Clean Energy Solutions Private Limited and 5 more | Director | 22 Mar 2023 | 3 Years 7 Months | Current |
| Mudumbai Sarangapani Padma Also directs: H2p2 Partners LLP, Usolar Assetco Two Private Limited, U-Solar Clean Energy Solutions Private Limited and 3 more | Director | 22 Mar 2023 | 3 Years 7 Months | Current |
Charges & borrowings
Open charges
₹70.65 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2023 | 100806859 | Others | ₹70.65 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Usolar Assetco One Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Usolar Assetco One Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Usolar Assetco One has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCU2841F1ZC | Karnataka | Active | 22 Aug 2023 |
To see the full GST registrations and return filing status of Usolar Assetco One Private Limited, buy the company report.
Recent activity
Usolar Assetco One Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Kambinatham Harinarayan Rangarajan was appointed as Director on 22 Mar 2023.
AGM
Usolar Assetco One Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Usolar Assetco One Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 7,065.00 Lakh with Charge ID 100806859 was registered on 27 Sep 2023.
Appointed
Kambinatham Harinarayan Rangarajan was appointed as Director.
Appointed
Mudumbai Sarangapani Padma was appointed as Director.
Incorporation
22 Mar 2023
Usolar Assetco One Private Limited was registered on 22 Mar 2023 with Roc Bangalore & aged 3 years 7 months as per MCA records.
Frequently asked questions
Usolar Assetco One is an active private limited company based in Bangalore, Karnataka, India. The company works in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 22 March 2023 (3+ years old) and is registered under CIN U35105KA2023PTC171516.
Usolar Assetco One has 2 current directors:
- Kambinatham Harinarayan Rangarajan - Director
- Mudumbai Sarangapani Padma - Director
The latest financial statements of Usolar Assetco One 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 2023 are in the company report.
The GSTIN of Usolar Assetco One is 29AADCU2841F1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Usolar Assetco One is U35105KA2023PTC171516. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Usolar Assetco One was incorporated on 22 March 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
Kambinatham Harinarayan Rangarajan was appointed as Director on 22 Mar 2023. Mudumbai Sarangapani Padma was appointed as Director on 22 Mar 2023.
Yes, Usolar Assetco One is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0286889).
Usolar Assetco One can be reached through the website usolar.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Usolar Assetco One is at 401 4th Floor The Excellency, Papanna Street Off St. Marks Road Bangalore 560001, Karnataka, India – 560001.