Gears Energy Solutions Private Limited

Manufacturer and supplier of solar and LED lighting products, offering services for solar power plant installation.

2009 | Jaipur, Rajasthan (India) | Active
Last Updated: January 08, 2025

Gears Energy Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.99 M
  • Company Age 15 Year, 1 Month
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 4.50 M
  • Satisfied Charges ₹ 4.00 Cr
  • Revenue Growth 148.83%
  • Profit Growth 253.71%
  • Ebitda 169.86%
  • Net Worth 11.64%
  • Total Assets -9.70%

About Gears Energy Solutions

Gears Energy Solutions Private Limited (GESPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 December 2009 and has a history of 15 years and one month. Its registered office is in Jaipur, Rajasthan, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.99 M.

The company currently has active open charges totaling ₹4.50 M. The company has closed loans amounting to ₹4.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Raj Kumar and Chintu Chandak serve as directors at the Company.

Company Details

  • Location

    Jaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40106RJ2009PTC030534

  • Company No.

    030534

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Dec 2009

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Consumer Electronics & Durables

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

Board Members (2)

Name Designation Appointment Date Status
Raj Kumar Country flag representing In Director 21-Dec-2009 Current
Chintu Chandak Country flag representing In Director 03-Jul-2023 Current

Financial Performance of Gears Energy Solutions.

Gears Energy Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 148.83% increase. The company also saw a substantial improvement in profitability, with a 253.71% increase in profit. The company's net worth Soared by an impressive increase of 11.64%.

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
148.83%
Revenue from Operations
151.74%
Total Assets
-9.70%
Profit or Loss
253.71%
Net Worth
11.64%
EBITDA
169.86%

What is the Ownership and Shareholding Structure of Gears Energy Solutions?

In 2022, Gears Energy Solutions had a public holding of 34.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.50 M

Satisfied Charges

₹39.97 M

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 0.45 Cr

Latest Charge Details

Date Lender Amount Status
10 Feb 2023 Indian Overseas Bank ₹1.00 M Open
21 May 2022 Indian Overseas Bank ₹3.50 M Open
27 Feb 2018 Others ₹1.00 M Satisfied
10 Oct 2012 Indian Overseas Bank ₹3.90 Cr Satisfied

How Many Employees Work at Gears Energy Solutions?

Gears Energy Solutions has a workforce of 3 employees as of Apr 08, 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 Gears Energy 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 Gears Energy 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 Gears Energy Solutions

Recent activity within the organization

  • Charges

    A charge registered on 27 Feb 2018 via Charge ID 100157986 with Others was fully satisfied on 20 Jul 2023.

    20 Jul 2023

  • Director Appointment

    Chintu Rajkumar Chandak was appointed as a Director was appointed as a Director on 03 Jul 2023 & has been associated with this company since 1 year 7 months .

    03 Jul 2023

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 1.00 M with Charge ID 100716335 was registered on 10 Feb 2023.

    10 Feb 2023

  • Annual General Meeting

    Gears Energy Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 3.50 M with Charge ID 100585422 was registered on 21 May 2022.

    21 May 2022

  • Balance Sheet

    Gears Energy Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Jaipur.

    31 Mar 2022

Frequently asked questions

  • Gears Energy Solutions Private Limited was incorporated on 21 Dec 2009.

  • The authorized share capital of Gears Energy Solutions Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.99 M.

  • Currently 2 directors are associated with Gears Energy Solutions Private Limited.

    • Raj Bhutra Kumar
    • Chintu Rajkumar Chandak
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gears Energy Solutions Private Limited is 47 Shri Ram Nagar Near Kids Club School New Sanganer Road Mansarovar, India, Jaipur, Rajasthan, 302020.

  • The corporate identification number (CIN) of Gears Energy Solutions Private Limited is U40106RJ2009PTC030534 and the company number is 030534 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gears Energy Solutions Private Limited is https://www.gearsenergy.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Gears Energy Solutions Private Limited has risen by 148.83%.

  • As Per 2022 financial reports, 3 employees are currently employed by Gears Energy Solutions Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Gears Energy Solutions Private Limited has experienced an upsurge of 11.64%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Gears Energy Solutions Private Limited amount to ₹ 4.50 M.

  • The most recent Balance Sheet for Gears Energy Solutions Private Limited was filed with the ROC on 31 Mar 2022.

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