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Sharath Kumar Bachegowda

Sharath Kumar Bachegowda

Indian National Congress Hosakote Won 2023

Declared net worth
₹108.74 Cr
Since last election
No prior
Pending cases
Not observed in this extraction version
Convictions
Not observed in this extraction version

Wealth & income over time

₹108.74 Cr
Election Constituency Result Assets Liabilities Net worth Income (latest year, self)
Karnataka Vidhan Sabha Election-Apr-May-2023 Hosakote won ₹110.25 Cr ₹1.51 Cr ₹108.74 Cr ₹31.06 L

Latest affidavit

Total assets
₹110.25 Cr
Total liabilities
₹1.51 Cr
Net worth
₹108.74 Cr

Education

  • Post Graduate, MS, USA 2005-06

self, Sharath Kumar Bachegowda (Winner)

Social Service and Businessman

Movable assets

  • Cash Cash ₹6.00 L
  • Deposits in Banks, FIs and NBFCs SBI, Sudhama Nagara Branch, Bangalore-27 ₹10,669.17
  • Deposits in Banks, FIs and NBFCs SBI,Sudhama Nagara Branch, Bangalore-27 ₹2,604.13
  • Deposits in Banks, FIs and NBFCs Corporation Branch, RT Nagar Branch ₹10.00
  • Deposits in Banks, FIs and NBFCs SBI,Sudhama Nagara Branch, Bangalore-27 ₹2.89 L
  • Deposits in Banks, FIs and NBFCs Canara Bank, Hosakote Branch ₹5,000.00
  • Bonds, Debentures and Shares Aparimitha Power Ventures Pvt Ltd 42500000 Shares*10 ₹4.25 Cr
  • Bonds, Debentures and Shares Evacia Nutritions Pvt Ltd 161700 Shares*10 ₹16.17 L
  • Bonds, Debentures and Shares Fotense Infratech Pvt Ltd 50000 Shares*10 ₹5.00 L
  • Bonds, Debentures and Shares Evacia Food Science (Partnership Firm) ₹2.50 L
  • Bonds, Debentures and Shares Channakeshava Logistics Park (Pvt)Ltd ₹34,000.00
  • LIC / Insurance Policies SBI Life Insurance Policy No.1K 340660710 ₹3.00 L
  • LIC / Insurance Policies SBI Life Insurance Policy No.1K ₹2.50 L
  • Personal Loans / Advances Given Aparimitha Power Ventures Pvt Ltd ₹9.51 Cr
  • Personal Loans / Advances Given Trishul Power Pvt Ltd ₹21.72 L
  • Personal Loans / Advances Given Sri Sai Deepthi Power Pvt Ltd ₹2.11 Cr
  • Personal Loans / Advances Given BNB Hospitality Services Pvt Ltd ₹2.52 L
  • Personal Loans / Advances Given Evacia Nutritions Pvt Ltd ₹7.18 Cr
  • Personal Loans / Advances Given Fotense Infratense Pvt Ltd ₹6.64 L
  • Personal Loans / Advances Given Evacia Food Sciences ₹12.93 L
  • Personal Loans / Advances Given Pavan Enterprises ₹6.70 Cr
  • Motor Vehicles Fortuner Car No.KA-01 MQ 545 (2017) ₹30.24 L
  • Motor Vehicles Innova Crista No.KA-02 MP 0545 (2018) ₹22.01 L
  • Jewellery, Bullion, etc. Gold 550 gms Silver 5 Kgs ₹40.00 L

Immovable assets

  • Agricultural Land Teneyuru Village, Sulibele, Hobli, Sl. no 37 ₹4.00 Cr
  • Agricultural Land Total Area ₹2.50 Cr
  • Agricultural Land Built Up Area ₹2.50 Cr
  • Commercial Buildings No.111, Lal Bagh road, Bangalore-27 2010-06-21 ₹20.00 Cr
  • Commercial Buildings Total Area ₹24.00 Cr
  • Residential Buildings Embassy Lake Terraces Plant, Hebbal Village, Bangalore 2015-3-31 ₹7.00 Cr
  • Other Immovable Assets Solar Farm ₹2.50 Cr

Liabilities

  • Loans from Banks / Financial Institutions Loans from Banks / FIs to Corporation Bank, RT Nagar Branch, Bengaluru (2015-03-31) ₹1.36 Cr
  • Loans from other than Banks / FIs Loans due to Individual / Entity to Key Stone Infra Project ₹8.00 L

Income (ITR)

  • 2022-23 ITR filed ₹31.06 L
  • 2021-22 ITR filed ₹24.01 L
  • 2020-21 ITR filed ₹51.95 L
  • 2019-20 ITR filed ₹44.80 L
  • 2018-19 ITR filed ₹47.42 L

spouse

Social Service and Business woman

Movable assets

  • Cash Cash ₹5.00 L
  • Deposits in Banks, FIs and NBFCs SBI, Sudhamanagara Branch, Lal Bagh road, Bangalore-27 ₹62,777.38
  • Deposits in Banks, FIs and NBFCs FD Account ₹35,747.00
  • Deposits in Banks, FIs and NBFCs FD Account ₹15,779.00
  • Bonds, Debentures and Shares Evacia Nutritions Pvt Ltd 1570151 Shares*10 ₹1.57 Cr
  • Bonds, Debentures and Shares Fotense Infratech Pvt Ltd 50000 Shares*10 ₹5.00 L
  • Bonds, Debentures and Shares Madhushree Concrete Products ₹2.81 Cr
  • Bonds, Debentures and Shares Evacia Food Sciences (Partnership Firm) ₹2.50 L
  • Bonds, Debentures and Shares Asian Infra (Partnership Firm) ₹2.39 L
  • Bonds, Debentures and Shares Keshava Constructions ₹1.50 Cr
  • Personal Loans / Advances Given Evacia Nutritions Pvt Ltd ₹1.85 Cr
  • Personal Loans / Advances Given Fotense Infratech Pvt Ltd ₹14.25 L
  • Personal Loans / Advances Given Evacia Food Sciences(Partnership Firm) ₹64.77 L
  • Personal Loans / Advances Given Pavan Enterprises ₹1.05 Cr
  • Personal Loans / Advances Given K S Suresh ₹2.10 Cr
  • Motor Vehicles Mercedes Benz C 250 D Car, No,KA-04 MS-545 2016 ₹52.00 L
  • Jewellery, Bullion, etc. Gold 950 gms Silver 5 Kg Diamond ₹90.00 L

Immovable assets

  • Agricultural Land Sy.No. 200/2 Narasandra Village,Kuduru Hobli, Magadi Taluk ₹3.00 Cr

Liabilities

  • Loans from Banks / Financial Institutions Loans from Banks / FIs to Mercedez Benz, SBI Bank, Sudhama Nagar Branch (2016-08-12) ₹6.31 L

Income (ITR)

  • 2022-23 ITR filed ₹63.31 L
  • 2021-22 ITR filed ₹46.80 L
  • 2020-21 ITR filed ₹1.20 Cr
  • 2019-20 ITR filed ₹1.54 Cr
  • 2018-19 ITR filed ₹1.16 Cr

Government contracts

  • 1: Trishul Pvt Ltd contract with Karnataka Govt for producing 4 Megawatt power supply on 2004-02-11, remaining purchased by Chamundeshwari Power supply on 5-2004-11-05 2: Sri Sai Deepthi Power Pvt Ltd company contract with Karnataka Govt for producing 1.5 Megawatt power supply on 2005-12-28 remaining purchased by Mangalore Power supply on 2006-10-13 3: Aparimitha Power ventures Pvt Ltd contract with Bangalore Power supply for producing 1 Megawatt power supply on 2016-03-16remaining purchased by Mangalore Power supply on 2017-12-30 party to the contract: Details of contracts entered by the candidate
  • Smt. Uma Bachegowda established "Samastha Foundation Trust" on 2022-06-30 and appointed Smt. Prathibha Sharathgowda as Trustee party to the contract: Details of contracts entered into by Hindu undivided family or trust in which the candidate or spouse or dependents have interest

Sources of income

  • Rent and Business Self
  • Business Spouse

Criminal cases (4)

  • pending
    427, 143, 147, 149, 188, 332, 353, 354
    Principal Civil Judge and JMFC court Hosakote
    charges framed
  • pending
    341, 143, 147, 149, 188, 353
    Principal Civil Judge and JMFC court Hosakote
    charges framed
  • pending
    341, 143, 147, 149, 283
    Principal Civil Judge and JMFC court Hosakote
    charges framed
  • pending, Section 5(3A) KED Act 2020
    141, 143, 290, 336, 149
    4th ka 1st Additional Civil Judge (Ju. Division )and JMFC Court Kanakapura
    charges framed

Elections contested

Election Constituency Party Result Votes Share
Karnataka Vidhan Sabha Election-Apr-May-2023 Hosakote Indian National Congress won - -

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Compiled from public disclosures by the Election Commission of India and MyNeta.