Grand Solar Private Limited

Implements solar PV projects and offers services such as rooftop PV, water pumping, and panel maintenance.

2016 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Grand Solar Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.95 Cr
  • Revenue Growth 593.36%
  • Profit Growth 102.99%
  • Ebitda 359.86%
  • Net Worth 52.68%
  • Total Assets -2.88%

About Grand Solar

Grand Solar Private Limited (GSPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 August 2016 (Eight years and six months 10 days old ). Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Infrastructure And Utilities 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 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹5.95 Cr.

Sivagami Sunther and Sunther Madurai serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999TN2016PTC112234

  • Company No.

    112234

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Aug 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Infrastructure and Utilities

What products or services does Grand Solar Private Limited offer?

Grand Solar Private Limited offers a wide range of products and services, including Environment Protection & Auditing, Environmental Consultants, Electrical & Electronic Goods Repair, Industrial Appliances Repair & Maintenance, Repair & Maintenance Services, Plant Maintenance Services, Solar Power Plants, Solar Power Plant Installation, Solar System Installation Service, Solar Water Pumping Service.

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

Board Members (2)

NameDesignationAppointment DateStatus
Sivagami Sunther Country flag representing In Director 29-Aug-2016Current
Sunther Madurai Country flag representing In Director 29-Aug-2016Current

Financial Performance of Grand Solar.

Grand Solar Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 593.36% increase. The company also saw a substantial improvement in profitability, with a 102.99% increase in profit. The company's net worth Soared by an impressive increase of 52.68%.

Grand Solar revenue growth over time
Grand Solar 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
593.36%
Revenue from Operations
593.32%
Total Assets
-2.88%
Profit or Loss
102.99%
Net Worth
52.68%
EBITDA
359.86%

What is the Ownership and Shareholding Structure of Grand Solar?

In 2023, Grand Solar had a public holding of 30.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹59.51 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 5.95 Cr

Latest Charge Details

DateLenderAmountStatus
29 Aug 2019Others₹5.95 CrOpen

How Many Employees Work at Grand Solar?

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

Employee growth trends for Grand Solar Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Grand Solar Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Grand Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge with Others of Rs. 59.51 M registered on 29 Aug 2019 with Charge ID 100289199 was modified on 21 Jan 2021.

  • Charges

    A charge with Others amounted to Rs. 59.51 M with Charge ID 100289199 was registered on 29 Aug 2019.

  • Director Appointment

    Sivagami Sunther was appointed as a Director was appointed as a Director on 29 Aug 2016 & has been associated with this company since 8 years 6 months .

  • Director Appointment

    Sunther Srinivasagam Madurai was appointed as a Director was appointed as a Director on 29 Aug 2016 & has been associated with this company since 8 years 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Grand Solar Private Limited?

    Grand Solar Private Limited was incorporated on 29 Aug 2016.

  • What is authorized share capital and paid-up capital of Grand Solar Private Limited?

    The authorized share capital of Grand Solar Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Grand Solar Private Limited?

    Currently 2 directors are associated with Grand Solar Private Limited.

    • Sivagami Sunther
    • Sunther Srinivasagam Madurai
  • What is the registered address of Grand Solar Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Grand Solar Private Limited is No.46 Taylor'S Road Kilpauk, India, Chennai, Tamil Nadu, 600010.

  • What is the corporate identification number (CIN) and company number of Grand Solar Private Limited?

    The corporate identification number (CIN) of Grand Solar Private Limited is U74999TN2016PTC112234 and the company number is 112234 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Grand Solar Private Limited?

    The Official website of Grand Solar Private Limited is https://www.grandsolar.in

  • What has been the recent revenue trend for Grand Solar Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Grand Solar Private Limited has risen by 593.36%.

  • What change has been observed in the net worth of Grand Solar Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Grand Solar Private Limited has experienced an upsurge of 52.68%.

  • What are the total open charges for Grand Solar Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Grand Solar Private Limited amount to ₹ 5.95 Cr.

  • When was the last Balance Sheet of Grand Solar Private Limited filed with the ROC?

    The most recent Balance Sheet for Grand Solar Private Limited was filed with the ROC on 31 Mar 2023.