Gensol Engineering Limited

Founded in 2012 and headquartered in Gujarat, India.

2012 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Gensol Engineering Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 38.00 Cr
  • Company Age 12 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2,255.50 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 four 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 2023. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 38.00 Cr.

The company currently has active open charges totaling ₹2,255.50 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 Jabir Aga as CFO and Rajesh Parmar as Company Secretary. Anmol Jaggi, Kuljit Popli, Puneet Jaggi, and Five other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gensolsolar.in

  • 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

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • 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.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Anmol Jaggi Country flag representing In Managing Director25-Sep-2012Current
Jabir Aga CFO27-Feb-2019Current
Rajesh Parmar Country flag representing In Company Secretary27-Feb-2019Current

Board Members (7)

NameDesignationAppointment DateStatus
Puneet Jaggi Country flag representing In Whole-Time Director 25-Sep-2012Current
Kuljit Popli Country flag representing In Director 19-Jul-2024Current
Ali Naqvi Country flag representing In Director 19-Jul-2024Current
Arun Menon Country flag representing In Director 19-Apr-2022Current
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%.

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
-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 2022, Gensol Engineering had a promoter holding of 71.17% and a public holding of 28.82%. The company had 2 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

₹2,255.50 Cr

Satisfied Charges

₹33.95 Cr

Charges Breakdown by Lending Institutions

  • Others : 2156.47 Cr
  • Hdfc Bank Limited : 78.88 Cr
  • Axis Bank Limited : 20.15 Cr

Latest Charge Details

DateLenderAmountStatus
14 Oct 2024Others₹10.00 CrOpen
22 Aug 2024Others₹1.25 CrOpen
22 Aug 2024Others₹1.25 CrOpen
23 Jul 2024Others₹150.00 CrOpen
19 Mar 2024Others₹99.80 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.

Graph showing employee growth trends

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

  • Charges

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

    14 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 1.25 Cr with Charge ID 100973131 was registered on 22 Aug 2024.

    22 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 1.25 Cr with Charge ID 100981030 was registered on 22 Aug 2024.

    22 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 150.00 Cr with Charge ID 100956023 was registered on 23 Jul 2024.

    23 Jul 2024

  • Director Appointment

    Kuljit Singh Popli was appointed as a Director was appointed as a Director on 19 Jul 2024 & has been associated with this company since 7 months 5 days .

    19 Jul 2024

  • Director Appointment

    Ali Imran Naqvi was appointed as a Director was appointed as a Director on 19 Jul 2024 & has been associated with this company since 7 months 5 days .

    19 Jul 2024

Frequently asked questions

  • Gensol Engineering Limited was incorporated on 25 Sep 2012.

  • The authorized share capital of Gensol Engineering Limited is ₹ 50.00 Cr and paid-up capital is ₹ 38.00 Cr.

  • Currently 10 directors are associated with Gensol Engineering Limited.

    • Anmol Singh Jaggi
    • Kuljit Singh Popli
    • Puneet Singh Jaggi
    • Ali Imran Naqvi
    • Arun Menon
    • Vibhuti Patthak Patel
    • Harsh Singh
    • Rajesh Jain
    • Jabir Mahendi M Aga
    • Rajesh Kantilal Parmar
  • 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.

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

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

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

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

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

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

  • As per the financial statements for fiscal Year 2021, The total open charges for Gensol Engineering Limited amount to ₹ 2,255.50 Cr.

  • The most recent Balance Sheet for Gensol Engineering Limited was filed with the ROC on 31 Mar 2023.

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