Gensol Engineering Limited

Founded in 2012 and headquartered in Gujarat, India.

2012 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Gensol Engineering Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 38.45 Cr
  • Company Age 12 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2,365.00 Cr
  • Satisfied Charges ₹ 33.95 Cr
  • Revenue Growth -23.37%
  • Profit Growth 44.70%
  • Ebitda 110.92%
  • Net Worth 9.86%
  • Total Assets -4.68%

About Gensol Engineering

Gensol Engineering Limited (GEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 September 2012 and has a history of 12 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 542851.

The Corporate was formerly known as Gensol Engineering 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 2024. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 38.45 Cr.

The company currently has active open charges totaling ₹2,365.00 Cr. The company has closed loans amounting to ₹33.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gensol Engineering Limited India are Rajesh Parmar as COMPANY SECRETARY and Jabirmahendi Aga as Cfo. Arun Menon, Puneet Jaggi, Anmol Jaggi, and Four other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L74210GJ2012PLC129176

  • Company No.

    034105

  • Stock Symbol

    BSE : 542851

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Sep 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

What products or services does Gensol Engineering Limited offer?

Gensol Engineering Limited offers a wide range of products and services, including Turnkey Consultants & Solutions, Project Management, ISO & Quality Management Consultants, Certification Services, Project Consultants, Engineering Consulting, Solar Power Plants, Solar Rooftops, Solar & Renewable Energy Products, Project Handling Services.

Company report

Gensol Engineering Limited

Explore comprehensive data for Gensol Engineering Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Gensol Engineering?

Executive Team (3)

NameDesignationAppointment DateStatus
Anmol Jaggi Country flag representing In Managing Director04-Jan-2019Current
Rajesh Parmar Country flag representing In Company Secretary27-Feb-2019Current
Jabirmahendi Aga CFO31-Mar-2025Current

Board Members (6)

NameDesignationAppointment DateStatus
Puneet Jaggi Country flag representing In Whole-Time Director 25-Sep-2012Current
Arun Menon Country flag representing In Director 19-Apr-2022Current
Kuljit Popli Country flag representing In Director 10-Jun-2024Current
Ali Naqvi Country flag representing In Director 10-Jun-2024Current
Vibhuti Patel Country flag representing In Director 11-Jul-2023Current
Harsh Singh Country flag representing In Director 19-Oct-2023Current

Financial Performance of Gensol Engineering.

Gensol Engineering Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 23.37% decrease. The company also saw a substantial improvement in profitability, with a 44.7% increase in profit. The company's net worth moved up by a moderate rise of 9.86%.

Gensol Engineering revenue growth over time
Gensol Engineering 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
-23.37%
Revenue from Operations
-21.47%
Total Assets
-4.68%
Profit or Loss
44.70%
Net Worth
9.86%
EBITDA
110.92%

What is the Ownership and Shareholding Structure of Gensol Engineering?

In 2024, Gensol Engineering had a promoter holding of 62.63% and a public holding of 37.38%. The company had 7 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,365.00 Cr

Satisfied Charges

₹33.95 Cr

Charges Breakdown by Lending Institutions

  • Others : 2217.57 Cr
  • Hdfc Bank Limited : 78.88 Cr
  • Canara Bank : 30.00 Cr
  • Axis Bank Limited : 20.15 Cr
  • Bank Of India : 18.40 Cr

Latest Charge Details

DateLenderAmountStatus
09 Jan 2025Canara Bank₹30.00 CrOpen
04 Jan 2025Bank Of India₹18.40 CrOpen
24 Dec 2024Others₹60.00 CrOpen
06 Dec 2024Others₹1.10 CrOpen
14 Oct 2024Others₹10.00 CrOpen

How Many Employees Work at Gensol Engineering?

Gensol Engineering has a workforce of 229 employees as of Mar 30, 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.

Employee growth trends for Gensol Engineering Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gensol Engineering, 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 Gensol Engineering'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 Gensol Engineering

Recent activity within the organization

  • Director Appointment

    Jabirmahendi Mohammedraza Aga was appointed as a Cfo was appointed as a Cfo on 31 Mar 2025 & has been associated with this company since 1 month 11 days .

  • Charges

    A charge with Canara Bank amounted to Rs. 30.00 Cr with Charge ID 101035384 was registered on 09 Jan 2025.

  • Charges

    A charge with Bank Of India amounted to Rs. 18.40 Cr with Charge ID 101037575 was registered on 04 Jan 2025.

  • Charges

    A charge with Others amounted to Rs. 60.00 Cr with Charge ID 101019915 was registered on 24 Dec 2024.

  • Charges

    A charge with Others amounted to Rs. 1.10 Cr with Charge ID 101018338 was registered on 06 Dec 2024.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100995921 was registered on 14 Oct 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Gensol Engineering Limited?

    Gensol Engineering Limited was incorporated on 25 Sep 2012.

  • What is authorized share capital and paid-up capital of Gensol Engineering Limited?

    The authorized share capital of Gensol Engineering Limited is ₹ 50.00 Cr and paid-up capital is ₹ 38.45 Cr.

  • Who are the current board members & directors of Gensol Engineering Limited?

    Currently 9 directors are associated with Gensol Engineering Limited.

    • Arun Menon
    • Puneet Singh Jaggi
    • Anmol Singh Jaggi
    • Kuljit Singh Popli
    • Ali Imran Naqvi
    • Vibhuti Patthak Patel
    • Rajesh Kantilal Parmar
    • Jabirmahendi Mohammedraza Aga
    • Harsh Singh
  • What is the registered address of Gensol Engineering Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gensol Engineering Limited is 15Th Floor A Block Westgate Business Bay S G Road, India, Ahmadabad City, Gujarat, 380051.

  • What is the corporate identification number (CIN) and company number of Gensol Engineering Limited?

    The corporate identification number (CIN) of Gensol Engineering Limited is L74210GJ2012PLC129176 and the company number is 034105 as per Ministry of Corporate Affairs (MCA).

  • Is Gensol Engineering Limited registered with any stock exchange in India?

    Yes, Gensol Engineering Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Gensol Engineering Limited?

    The Official website of Gensol Engineering Limited is https://www.gensolsolar.in

  • What has been the recent revenue trend for Gensol Engineering Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Gensol Engineering Limited has fallen by -23.37%.

  • How many employees does Gensol Engineering Limited currently have?

    As Per 2021 financial reports, 229 employees are currently employed by Gensol Engineering Limited.

  • What change has been observed in the net worth of Gensol Engineering Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Gensol Engineering Limited has experienced an upsurge of 9.86%.

  • What are the total open charges for Gensol Engineering Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Gensol Engineering Limited amount to ₹ 2,365.00 Cr.

  • When was the last Balance Sheet of Gensol Engineering Limited filed with the ROC?

    The most recent Balance Sheet for Gensol Engineering Limited was filed with the ROC on 31 Mar 2024.

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