Gassol Solutions Private Limited

Constructs and installs gas pipelines and equipment for LPG, natural gas, and other fuels.

2016 | Dakshina Kannada, Karnataka (India) | Active
Last Updated: January 25, 2025

Gassol Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.45 Cr
  • Revenue Growth 77.79%
  • Profit Growth -26.96%
  • Ebitda 447.42%
  • Net Worth 48.91%
  • Total Assets 54.65%

About Gassol Solutions

Gassol Solutions Private Limited (GSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 07 June 2016 (Eight years and eight months 15 days old ). Its registered office is in Dakshina Kannada, Karnataka, India.

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 1.50 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹2.45 Cr.

Abijeeth Moodabidri and Usha serve as directors at the Company.

Company Details

  • Location

    Dakshina Kannada, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gassol.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2016PTC093920

  • Company No.

    093920

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jun 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Energy and Power
Machinery and Equipment

What products or services does Gassol Solutions Private Limited offer?

Gassol Solutions Private Limited offers a wide range of products and services, including Induction Cooktops, Hobs & Burners, Industrial Burners, Gas Cylinders and Accessories, LPG Cylinder Accessories, Oxygen & Nitrogen Gas Plants, Oxygen & Nitrogen Gas Plant, Gas Leak Detector, LPG Gas Leak Detector, LPG Vaporizer, Furnace Burners.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Abijeeth Moodabidri Country flag representing In Managing Director07-Jun-2016Current

Board Members (1)

NameDesignationAppointment DateStatus
Usha Country flag representing In Director 07-Jun-2016Current

Financial Performance of Gassol Solutions.

Gassol Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 77.79% increase. The company also saw a substantial fall in profitability, with a 26.96% decrease in profit. The company's net worth Soared by an impressive increase of 48.91%.

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
77.79%
Revenue from Operations
77.78%
Total Assets
54.65%
Profit or Loss
-26.96%
Net Worth
48.91%
EBITDA
447.42%

What is the Ownership and Shareholding Structure of Gassol Solutions?

Unlock access to Gassol Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.52 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2.45 Cr

Latest Charge Details

DateLenderAmountStatus
21 Oct 2022Axis Bank Limited₹3.23 MOpen
14 Oct 2022Axis Bank Limited₹1.79 MOpen
21 Sep 2022Axis Bank Limited₹2.00 MOpen
25 Feb 2022Axis Bank Limited₹1.75 CrOpen

How Many Employees Work at Gassol Solutions?

Gassol Solutions has a workforce of 59 employees as of Apr 04, 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 Gassol 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 Gassol 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 Gassol Solutions

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 1.79 M registered on 14 Oct 2022 with Charge ID 100617342 was modified on 24 Jan 2024.

    24 Jan 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 2.00 M registered on 21 Sep 2022 with Charge ID 100614771 was modified on 18 Dec 2023.

    18 Dec 2023

  • Annual General Meeting

    Gassol 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

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

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.23 M with Charge ID 100621622 was registered on 21 Oct 2022.

    21 Oct 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.79 M with Charge ID 100617342 was registered on 14 Oct 2022.

    14 Oct 2022

Frequently asked questions

  • Gassol Solutions Private Limited was incorporated on 07 Jun 2016.

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

  • Currently 2 directors are associated with Gassol Solutions Private Limited.

    • Abijeeth Moodabidri
    • Usha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gassol Solutions Private Limited is 6-32(D), Betkeri Pranthya India, Moodbidri, Karnataka, 574227.

  • The corporate identification number (CIN) of Gassol Solutions Private Limited is U74999KA2016PTC093920 and the company number is 093920 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gassol Solutions Private Limited is https://www.gassol.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gassol Solutions Private Limited has risen by 77.79%.

  • As Per 2023 financial reports, 59 employees are currently employed by Gassol Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gassol Solutions Private Limited has experienced an upsurge of 48.91%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gassol Solutions Private Limited amount to ₹ 2.45 Cr.

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