Karnataka Solar Power Development Corporation Limited

Government-owned company developing 2000MW solar power generation at Pavagada, Tumkur, Karnataka.

2015 | Bangaluru, Karnataka (India) | Active
Last Updated: October 23, 2024

Karnataka Solar Power Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 9 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -0.65%
  • Profit Growth -62.65%
  • Ebitda -34.76%
  • Net Worth 2.60%
  • Total Assets -0.92%

About Karnataka Solar Power Development Corporation

Karnataka Solar Power Development Corporation Limited (KSPDCL) is a Public Limited Indian Non-Government Company incorporated in India on 12 March 2015 (Nine years and ten months 21 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Karnataka Solar Power Development Corporation Private Limited. The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rameshwar Prasad, Sanjay Sharma, Kolgunsi Rudrappaiah, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40107KA2015PLC079223

  • Company No.

    079223

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Mar 2015

  • Date of AGM

    19 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Environment

Who are the key members and board of directors at Karnataka Solar Power Development Corporation?

Board Members (4)

NameDesignationAppointment DateStatus
Rameshwar Prasad Country flag representing In Nominee Director 18-Apr-2024Current
Sanjay Sharma Country flag representing In Nominee Director 11-Jul-2018Current
Kolgunsi Rudrappaiah Country flag representing In Nominee Director 27-Jul-2021Current
Ganalu Nagaraja Country flag representing In Nominee Director 20-Jul-2023Current

Financial Performance of Karnataka Solar Power Development Corporation.

Karnataka Solar Power Development Corporation Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.65% decrease. The company also saw a substantial fall in profitability, with a 62.65% decrease in profit. The company's net worth moved up by a moderate rise of 2.6%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-0.65%
Revenue from Operations
2.38%
Total Assets
-0.92%
Profit or Loss
-62.65%
Net Worth
2.60%
EBITDA
-34.76%

What is the Ownership and Shareholding Structure of Karnataka Solar Power Development Corporation?

In 2023, Karnataka Solar Power Development Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Karnataka Solar Power Development Corporation?

Unlock and access historical data on people associated with Karnataka Solar Power Development Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karnataka Solar Power Development Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Karnataka Solar Power Development Corporation's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Karnataka Solar Power Development Corporation

Recent activity within the organization

  • Annual General Meeting

    Karnataka Solar Power Development Corporation Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.

    19 Sep 2024

  • Director Appointment

    Rameshwar Gupta Prasad was appointed as a Nominee Director was appointed as a Nominee Director on 18 Apr 2024 & has been associated with this company since 9 months 14 days .

    18 Apr 2024

  • Balance Sheet

    Karnataka Solar Power Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Ganalu Puttaswamy Nagaraja was appointed as a Nominee Director was appointed as a Nominee Director on 20 Jul 2023 & has been associated with this company since 1 year 6 months .

    20 Jul 2023

  • Director Appointment

    Kolgunsi Panchaksharaiah Rudrappaiah was appointed as a Nominee Director was appointed as a Nominee Director on 27 Jul 2021 & has been associated with this company since 3 years 6 months .

    27 Jul 2021

  • Director Appointment

    Sanjay Sharma was appointed as a Nominee Director was appointed as a Nominee Director on 11 Jul 2018 & has been associated with this company since 6 years 6 months .

    11 Jul 2018

Frequently asked questions

  • Karnataka Solar Power Development Corporation Limited was incorporated on 12 Mar 2015.

  • The authorized share capital of Karnataka Solar Power Development Corporation Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 4 directors are associated with Karnataka Solar Power Development Corporation Limited.

    • Rameshwar Gupta Prasad
    • Sanjay Sharma
    • Kolgunsi Panchaksharaiah Rudrappaiah
    • Ganalu Puttaswamy Nagaraja
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka Solar Power Development Corporation Limited is No.6/13/1 Kredl Office Building 5Th Floor 10Th Block 2Nd Stage, India, Bangalore North, Karnataka, 560072.

  • The corporate identification number (CIN) of Karnataka Solar Power Development Corporation Limited is U40107KA2015PLC079223 and the company number is 079223 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karnataka Solar Power Development Corporation Limited is https://www.kspdcl.karnataka.gov.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karnataka Solar Power Development Corporation Limited has fallen by -0.65%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karnataka Solar Power Development Corporation Limited has experienced an upsurge of 2.60%.

  • The most recent Balance Sheet for Karnataka Solar Power Development Corporation Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Solar Energy Solutions