Gensol Ventures Profile
Key Indicators
- Authorised Capital ₹ 1.30 Cr
- Paid Up Capital ₹ 1.21 Cr
- Company Age 8 Year, 1 Day
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 850.10 Cr
- Revenue Growth 343.72%
- Profit Growth 598.72%
- Ebitda 1213.88%
- Net Worth 133.70%
- Total Assets 371.94%
About Gensol Ventures
Gensol Ventures Private Limited (GVPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 March 2017 (Eight years 1 days old ). Its registered office is in Ahmedabad, Gujarat, 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 1.30 Cr and a paid-up capital of Rs 1.21 Cr.
The company currently has active open charges totaling ₹850.10 Cr.
Anmol Jaggi, Puneet Jaggi, and Akash Grover 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
U74999GJ2017PTC096539
- Company No.
096539
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Mar 2017
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Energy and Power
Who are the key members and board of directors at Gensol Ventures?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Puneet Jaggi  | Director | 28-Mar-2017 | Current |
| Anmol Jaggi | Director | 06-Sep-2018 | Current |
| Akash Grover | Additional Director | 04-Dec-2023 | Current |
Financial Performance of Gensol Ventures.
Gensol Ventures Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 343.72% increase. The company also saw a substantial improvement in profitability, with a 598.72% increase in profit. The company's net worth Soared by an impressive increase of 133.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Gensol Ventures?
In 2022, Gensol Ventures had a public holding of 5.63%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Blu-Smart Charge Private LimitedAnmol Jaggi and Puneet Jaggi are mutual person
Prescinto Technologies Private LimitedAnmol Jaggi and Puneet Jaggi are mutual person
Param Renewable Energy Private LimitedAnmol Jaggi, Puneet Jaggi and 1 more are mutual person
Gensol Consultants Private LimitedAnmol Jaggi, Puneet Jaggi and 1 more are mutual person
Gensol Ev Lease LimitedAnmol Jaggi and Puneet Jaggi are mutual person
Gensol Engineering LimitedAnmol Jaggi and Puneet Jaggi are mutual person
Charges (Loans)
Open Charges
₹850.10 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 850.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Aug 2024 | Others | ₹10.00 Cr | Open |
| 25 Apr 2024 | Others | ₹5.00 Cr | Open |
| 25 Apr 2024 | Others | ₹5.00 Cr | Open |
| 25 Apr 2024 | Others | ₹13.50 Cr | Open |
| 25 Apr 2024 | Others | ₹25.00 Cr | Open |
How Many Employees Work at Gensol Ventures?
Unlock and access historical data on people associated with Gensol Ventures, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Gensol Ventures, 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 Ventures's trajectory.
Rating
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
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 Ventures
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100963558 was registered on 01 Aug 2024.
- Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100939965 was registered on 25 Apr 2024.
- Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100940019 was registered on 25 Apr 2024.
- Charges
A charge with Others amounted to Rs. 13.50 Cr with Charge ID 100940021 was registered on 25 Apr 2024.
- Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100940076 was registered on 25 Apr 2024.
- Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100940077 was registered on 25 Apr 2024.
Recent News, Updates & Announcement
- Thrust Zone.
Gensol Electric Vehicles a new-age OEM in the eMobility space, today announced that it has received the certification and approval for its unique and revolutionary electric vehicle, from the Automotive Research Association of India (ARAI). This significant accomplishment marks a monumental step forward, paving the path for the electric vehicle’s official launch and sale in the Indian market. The ARAI certification process meticulously evaluates a vehicle's performance, safety, and compliance to vehicle regulatory norms. Gensol EV successfully met these criteria by navigating the rigorous assessments during the extensive vehicle testing process. This certification culminates the vehicle homologation process, which involved vehicle testing both in controlled lab environments and on diverse terrain conditions. This certification shows Gensol EV’s readiness to officially enter production and redefine sustainable & urban mobility in India. Commenting on this milestone achievement, Anmol Singh Jaggi, Chairman and Managing Director, Gensol Engineering Limited said, "We are committed to bringing our first made-in-India electric vehicle to the market with full compliance to ARAI regulations. We are incredibly proud to have developed a vehicle that meets the highest standards of safety, quality, and performance parameters, and matches up to the requirements of the certification.” The new modern electric car, contributing significantly to the larger mission of decarbonising mobility, will be manufactured at the state-of-the-art greenfield plant in Chakan, Pune (India), with an annual production capacity of 30,000 cars. The compact 2-door, 2-seater electric vehicle embodies modernity, intelligence, space efficiency, and cutting-edge technology. Pioneering several industry-first features, such as a moonroof, ample boot space, in-cabin driver assistance technology, a comprehensive technology stack, AI-driven cloud analytics, and a uniquely.
Frequently asked questions
What is the Incorporation or founding date of Gensol Ventures Private Limited?
Gensol Ventures Private Limited was incorporated on 28 Mar 2017.
What is authorized share capital and paid-up capital of Gensol Ventures Private Limited?
The authorized share capital of Gensol Ventures Private Limited is ₹ 1.30 Cr and paid-up capital is ₹ 1.21 Cr.
Who are the current board members & directors of Gensol Ventures Private Limited?
Currently 3 directors are associated with Gensol Ventures Private Limited.
- Anmol Singh Jaggi
- Puneet Singh Jaggi
- Akash Grover
What is the registered address of Gensol Ventures Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Gensol Ventures Private 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 Ventures Private Limited?
The corporate identification number (CIN) of Gensol Ventures Private Limited is U74999GJ2017PTC096539 and the company number is 096539 as per Ministry of Corporate Affairs (MCA).
What is the official website of Gensol Ventures Private Limited?
The Official website of Gensol Ventures Private Limited is https://www.gensolsolar.com
What has been the recent revenue trend for Gensol Ventures Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Gensol Ventures Private Limited has risen by 343.72%.
What change has been observed in the net worth of Gensol Ventures Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Gensol Ventures Private Limited has experienced an upsurge of 133.70%.
What are the total open charges for Gensol Ventures Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Gensol Ventures Private Limited amount to ₹ 850.10 Cr.
When was the last Balance Sheet of Gensol Ventures Private Limited filed with the ROC?
The most recent Balance Sheet for Gensol Ventures Private Limited was filed with the ROC on 31 Mar 2023.
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