Earthing Solutions Private Limited

Provides earthing solutions and related services, including electrodes, pit covers, and lightning arrestors.

2009 | Patna, Bihar (India) | Active
Last Updated: July 24, 2024

Earthing Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 15 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.35 M
  • Revenue Growth 39.24%
  • Profit Growth 1243.01%
  • Ebitda 189.40%
  • Net Worth 319.66%
  • Total Assets 82.01%

About Earthing Solutions

Earthing Solutions Private Limited (ESPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 October 2009 and has a history of 15 years and four months. Its registered office is in Patna, Bihar, India.

The Corporate was formerly known as Turnstile Technologies Private Limited. The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹6.35 M.

Kamal Verma, Shashank Verma, Sangita Verma, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U45200BR2009PTC014902

  • Company No.

    014902

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Oct 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Patna

Industry

Energy and Power

What products or services does Earthing Solutions Private Limited offer?

Earthing Solutions Private Limited offers a wide range of products and services, including Industrial Chemicals & Supplies, Earthing Chemicals, Fuses, Circuit Breakers & Components, Surge Protection Device, Electric Fittings & Components, Earthing Equipment, Industrial & Engineering Goods, Couplings, Earthing Electrodes, Earth Clamps.

Who are the key members and board of directors at Earthing Solutions?

Executive Team (1)

Name Designation Appointment Date Status
Kamal Verma Country flag representing In Managing Director 12-Oct-2009 Current

Board Members (3)

Name Designation Appointment Date Status
Shashank Verma Country flag representing In Director 12-Oct-2009 Current
Sangita Verma Country flag representing In Director 12-Oct-2009 Current
Priyank Verma Country flag representing In Director 21-Jun-2019 Current

Financial Performance of Earthing Solutions.

Earthing Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.24% increase. The company also saw a substantial improvement in profitability, with a 1243.01% increase in profit. The company's net worth Soared by an impressive increase of 319.66%.

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
39.24%
Revenue from Operations
40.86%
Total Assets
82.01%
Profit or Loss
1243.01%
Net Worth
319.66%
EBITDA
189.40%

What is the Ownership and Shareholding Structure of Earthing Solutions?

In 2023, Earthing Solutions had a promoter holding of 76.00% and a public holding of 24.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.35 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.50 Cr
  • Hdfc Bank Limited : 0.14 Cr

Latest Charge Details

Date Lender Amount Status
27 Oct 2022 State Bank Of India ₹5.00 M Open
12 Feb 2021 Hdfc Bank Limited ₹1.35 M Open

How Many Employees Work at Earthing Solutions?

Earthing Solutions has a workforce of 8 employees as of Mar 27, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Earthing Solutions, 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 Earthing Solutions'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 Earthing Solutions

Recent activity within the organization

  • Annual General Meeting

    Earthing Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Earthing Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Patna.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 5.00 M with Charge ID 100643170 was registered on 27 Oct 2022.

    27 Oct 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.35 M with Charge ID 100437910 was registered on 12 Feb 2021.

    12 Feb 2021

  • Director Appointment

    Priyank Verma was appointed as a Director was appointed as a Director on 21 Jun 2019 & has been associated with this company since 5 years 7 months .

    21 Jun 2019

  • Director Appointment

    Kamal Kishore Verma was appointed as a Managing Director was appointed as a Managing Director on 12 Oct 2009 & has been associated with this company since 15 years 4 months .

    12 Oct 2009

Frequently asked questions

  • Earthing Solutions Private Limited was incorporated on 12 Oct 2009.

  • The authorized share capital of Earthing Solutions Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.50 M.

  • Currently 4 directors are associated with Earthing Solutions Private Limited.

    • Kamal Kishore Verma
    • Shashank Verma
    • Sangita Verma
    • Priyank Verma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Earthing Solutions Private Limited is H.No-46 A.N Path Opp. A.N College, Patna, Bihar, India, 800013.

  • The corporate identification number (CIN) of Earthing Solutions Private Limited is U45200BR2009PTC014902 and the company number is 014902 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Earthing Solutions Private Limited is https://www.earthingsolutions.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Earthing Solutions Private Limited has risen by 39.24%.

  • As Per 2023 financial reports, 8 employees are currently employed by Earthing Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Earthing Solutions Private Limited has experienced an upsurge of 319.66%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Earthing Solutions Private Limited amount to ₹ 6.35 M.

  • The most recent Balance Sheet for Earthing Solutions Private Limited was filed with the ROC on 31 Mar 2023.