Explore Energies Solutions Private Limited

Manufactures lithium batteries for EVs, solar street lights, power banks, energy storage, and N95 masks.

2019 | Delhi (India) | Active
Last Updated: November 16, 2024

Explore Energies Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.69 Cr
  • Revenue Growth -48.62%
  • Profit Growth -54.03%
  • Ebitda 1.82%
  • Net Worth 33.29%
  • Total Assets 31.32%

About Explore Energies Solutions

Explore Energies Solutions Private Limited (EESPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 September 2019 (Five years and five months 23 days old ). Its registered office is in Delhi, India.

The Company is engaged in the Automotive 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹3.69 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Parveen Wig, Chaitanya Wig, and Sangeeta Wig serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    exploreenergies.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909DL2019PTC354589

  • Company No.

    354589

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Sep 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

What products or services does Explore Energies Solutions Private Limited offer?

Explore Energies Solutions Private Limited offers a wide range of products and services, including Batteries & Charge Storage Devices, Lithium Battery, Surgical & ICU Equipments, Oxygen Mask, Rechargeable Batteries, Electric Vehicle Battery.

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

Board Members (3)

NameDesignationAppointment DateStatus
Parveen Wig Country flag representing In Director 02-Sep-2019Current
Chaitanya Wig Country flag representing In Director 02-Sep-2019Current
Sangeeta Wig Country flag representing In Director 02-Sep-2019Current

Financial Performance of Explore Energies Solutions.

Explore Energies Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 48.62% decrease. The company also saw a substantial fall in profitability, with a 54.03% decrease in profit. The company's net worth Soared by an impressive increase of 33.29%.

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
-48.62%
Revenue from Operations
-48.63%
Total Assets
31.32%
Profit or Loss
-54.03%
Net Worth
33.29%
EBITDA
1.82%

What is the Ownership and Shareholding Structure of Explore Energies Solutions?

In 2023, Explore Energies Solutions had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹36.90 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 3.69 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2022Hdfc Bank Limited₹3.69 CrSatisfied

How Many Employees Work at Explore Energies Solutions?

Unlock and access historical data on people associated with Explore Energies Solutions, 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 Explore Energies 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 Explore Energies 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 Explore Energies Solutions

Recent activity within the organization

  • Annual General Meeting

    Explore Energies Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 30 Mar 2022 via Charge ID 100583868 with Hdfc Bank Limited was fully satisfied on 18 Apr 2024.

    18 Apr 2024

  • Balance Sheet

    Explore Energies Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 36.90 M registered on 30 Mar 2022 with Charge ID 100583868 was modified on 27 Jun 2022.

    27 Jun 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 36.90 M with Charge ID 100583868 was registered on 30 Mar 2022.

    30 Mar 2022

  • Director Appointment

    Parveen Kumar Wig was appointed as a Director was appointed as a Director on 02 Sep 2019 & has been associated with this company since 5 years 5 months .

    02 Sep 2019

Frequently asked questions

  • Explore Energies Solutions Private Limited was incorporated on 02 Sep 2019.

  • The authorized share capital of Explore Energies Solutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Explore Energies Solutions Private Limited.

    • Parveen Kumar Wig
    • Chaitanya Wig
    • Sangeeta Wig
  • As per Ministry of Corporate Affairs (Mca), the registered address of Explore Energies Solutions Private Limited is B-195, Okhla Industrial Area Phase-1 India, New Delhi, 110020.

  • The corporate identification number (CIN) of Explore Energies Solutions Private Limited is U51909DL2019PTC354589 and the company number is 354589 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Explore Energies Solutions Private Limited is https://www.exploreenergies.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Explore Energies Solutions Private Limited has fallen by -48.62%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Explore Energies Solutions Private Limited has experienced an upsurge of 33.29%.

  • The most recent Balance Sheet for Explore Energies Solutions Private Limited was filed with the ROC on 31 Mar 2024.