Chikka, a close friend of Anirban Lahiri, is a shot behind leader Jake Higginbottom of Australia (68) at the National Golf Country Club.
Shiv Kapur was also in Top-10 with a round of one-under 71 and Khalin Joshi shot an even-par 72 to be Tied-17th.
Chiragh Kumar (73) was Tied-34th, while things were not so good for the rest.
Rahil Gangjee and Rashid Khan, with 75 each, were Tied- 63rd. Shubhankar Sharma and Himmat Rai, with 76 each, were Tied-83rd while Sujjan Singh and Arjun Prasad, with 79 each, and Honey Baisoya were even further down.
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"Looking at the weather, I'm quite surprised I shot a 69. I had a great day. I putted well and made sure I didn't make any mistakes," he said.
"When we played the practice rounds it was bright and sunny but today two layers are not good enough. To be honest, I was laughing at myself because I missed two 2-footer putts. I was standing over the ball and the wind really blew at me and I pulled my putts," he added.
Indian scores:
T-2 S Chikkrangappa (69)
T-10 Shiv Kapur (71)
T-17 Khalin Joshi (72)
T-34 Chiragh Kumar (73)
T-63 Rahil Gangjee, Rashid Khan (75)
T-83 Shubhankar Sharma, Himmat Rai (76) T-122 Sujjan Singh, Arjun Prasad (79)
T-140 Honey Baisoya (82).