Go Solar Grid Limited

Provides solar energy solutions and products, including LED lights, inverters, and rooftop installations.

2014 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: December 09, 2024

Go Solar Grid Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 10 Year, 5 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 7.50 M
  • Revenue Growth -74.51%
  • Profit Growth -74.05%
  • Ebitda -31.35%
  • Net Worth 2.55%
  • Total Assets -7.32%

About Go Solar Grid

Go Solar Grid Limited (GSGL) is a Public Limited Indian Non-Government Company incorporated in India on 08 August 2014 and has a history of Ten years and five months. Its registered office is in Visakhapatnam, Andhra Pradesh, 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹7.50 M.

Chandra Kodali, Kodali Laila, and Peddarapu Ravikumar serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29221AP2014PLC095029

  • Company No.

    095029

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Aug 2014

  • Date of AGM

    28 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Go Solar Grid?

Board Members (3)

Name Designation Appointment Date Status
Chandra Kodali Country flag representing In Director 08-Aug-2014 Current
Kodali Laila Country flag representing In Director 08-Aug-2014 Current
Peddarapu Ravikumar Country flag representing In Director 08-Sep-2023 Current

Financial Performance of Go Solar Grid.

Go Solar Grid Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 74.51% decrease. The company also saw a substantial fall in profitability, with a 74.05% decrease in profit. The company's net worth moved up by a moderate rise of 2.55%.

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
-74.51%
Revenue from Operations
-74.51%
Total Assets
-7.32%
Profit or Loss
-74.05%
Net Worth
2.55%
EBITDA
-31.35%

What is the Ownership and Shareholding Structure of Go Solar Grid?

In 2019, Go Solar Grid had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.75 Cr

Latest Charge Details

Date Lender Amount Status
16 Mar 2018 Others ₹7.50 M Open

How Many Employees Work at Go Solar Grid?

Unlock and access historical data on people associated with Go Solar Grid, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Go Solar Grid, 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 Go Solar Grid'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 Go Solar Grid

Recent activity within the organization

  • Director Appointment

    Peddarapu Ravikumar was appointed as a Director was appointed as a Director on 08 Sep 2023 & has been associated with this company since 1 year 4 months .

    08 Sep 2023

  • Annual General Meeting

    Go Solar Grid Limited last Annual general meeting of members was held on 28 Sep 2022 as per latest MCA records.

    28 Sep 2022

  • Balance Sheet

    Go Solar Grid Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Vijayawada.

    31 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 7.50 M with Charge ID 100162944 was registered on 16 Mar 2018.

    16 Mar 2018

  • Director Appointment

    Chandra Sekhar Rao Kodali was appointed as a Director was appointed as a Director on 08 Aug 2014 & has been associated with this company since 10 years 5 months .

    08 Aug 2014

  • Director Appointment

    Kodali Laila was appointed as a Director was appointed as a Director on 08 Aug 2014 & has been associated with this company since 10 years 5 months .

    08 Aug 2014

Frequently asked questions

  • Go Solar Grid Limited was incorporated on 08 Aug 2014.

  • The authorized share capital of Go Solar Grid Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 3 directors are associated with Go Solar Grid Limited.

    • Chandra Sekhar Rao Kodali
    • Kodali Laila
    • Peddarapu Ravikumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Go Solar Grid Limited is 10-1-9/1 Flat No. B-5, Akruthi Apartment Sampat Vinayaka Temple Road India, Vishakhapatnam, Andhra Pradesh, 530016.

  • The corporate identification number (CIN) of Go Solar Grid Limited is U29221AP2014PLC095029 and the company number is 095029 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Go Solar Grid Limited is https://www.gosolargrids.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Go Solar Grid Limited has fallen by -74.51%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Go Solar Grid Limited has experienced an upsurge of 2.55%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Go Solar Grid Limited amount to ₹ 7.50 M.

  • The most recent Balance Sheet for Go Solar Grid Limited was filed with the ROC on 31 Mar 2022.

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