Gridfree Solar Energy Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 9.21 M
- Company Age 7 Year, 19 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 35.04 Cr
- Revenue Growth -32.69%
- Profit Growth -30.43%
- Ebitda 87.14%
- Net Worth 14.60%
- Total Assets -8.07%
About Gridfree Solar Energy
Gridfree Solar Energy Limited (GSEL) is a registered startup operating as a Public Limited Indian Non-Government Company incorporated in India on 13 February 2018 (Seven years 19 days old ). Its registered office is in Bhilwara, Rajasthan, 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 5.00 Cr and a paid-up capital of Rs 9.21 M.
The company currently has active open charges totaling ₹35.04 Cr.
Ramesh Agarwal, Chitwan Agarwal, Ayushi Agrawal, and One other member serve as directors at the Company.
Company Details
- Location
Bhilwara, Rajasthan, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40108RJ2018PLC060220
- Company No.
060220
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
13 Feb 2018
- Date of AGM
23 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Jaipur
Industry
Energy and Power
Who are the key members and board of directors at Gridfree Solar Energy?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramesh Agarwal  | Director | 01-Jun-2021 | Current |
| Chitwan Agarwal | Director | 13-Feb-2018 | Current |
| Ayushi Agrawal | Director | 14-Dec-2019 | Current |
| Chaitanya Agarwal | Director | 24-Nov-2020 | Current |
Financial Performance of Gridfree Solar Energy.
Gridfree Solar Energy Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 32.69% decrease. The company also saw a substantial fall in profitability, with a 30.43% decrease in profit. The company's net worth Soared by an impressive increase of 14.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Gridfree Solar Energy?
In 2023, Gridfree Solar Energy had a promoter holding of 90.84% and a public holding of 9.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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- Leoni Motors India Limited
Ramesh Agarwal, Chitwan Agarwal and 1 more are mutual person
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Ramesh Agarwal is a mutual person
Charges (Loans)
Open Charges
₹35.04 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 24.50 Cr
- Yes Bank Limited : 10.00 Cr
- Hdfc Bank Limited : 0.54 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 2023 | Others | ₹2.00 Cr | Open |
| 11 Jul 2023 | Yes Bank Limited | ₹10.00 Cr | Open |
| 25 May 2023 | Hdfc Bank Limited | ₹3.48 M | Open |
| 20 May 2022 | Others | ₹2.50 Cr | Open |
| 21 Mar 2022 | Hdfc Bank Limited | ₹1.95 M | Open |
How Many Employees Work at Gridfree Solar Energy?
Gridfree Solar Energy has a workforce of 10 employees as of Apr 10, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Gridfree Solar Energy, 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 Gridfree Solar Energy'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 Gridfree Solar Energy
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100780149 was registered on 20 Sep 2023.
- Charges
A charge with Others of Rs. 20.00 Cr registered on 27 Feb 2021 with Charge ID 100443498 was modified on 20 Sep 2023.
- Annual General Meeting
Gridfree Solar Energy Limited last Annual general meeting of members was held on 23 Aug 2023 as per latest MCA records.
- Charges
A charge with Yes Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100763636 was registered on 11 Jul 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.35 Cr with Charge ID 100752557 was registered on 25 May 2023.
- Balance Sheet
Gridfree Solar Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.
Frequently asked questions
What is the Incorporation or founding date of Gridfree Solar Energy Limited?
Gridfree Solar Energy Limited was incorporated on 13 Feb 2018.
What is authorized share capital and paid-up capital of Gridfree Solar Energy Limited?
The authorized share capital of Gridfree Solar Energy Limited is ₹ 5.00 Cr and paid-up capital is ₹ 9.21 M.
Who are the current board members & directors of Gridfree Solar Energy Limited?
Currently 4 directors are associated with Gridfree Solar Energy Limited.
- Ramesh Agarwal
- Chitwan Agarwal
- Ayushi Agrawal
- Chaitanya Agarwal
What is the registered address of Gridfree Solar Energy Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Gridfree Solar Energy Limited is Ground Floor- G-198 To 200 Riico 4Th Phase, Bhilwara, Rajasthan, India, 311001.
What is the corporate identification number (CIN) and company number of Gridfree Solar Energy Limited?
The corporate identification number (CIN) of Gridfree Solar Energy Limited is U40108RJ2018PLC060220 and the company number is 060220 as per Ministry of Corporate Affairs (MCA).
What is the official website of Gridfree Solar Energy Limited?
The Official website of Gridfree Solar Energy Limited is https://www.gridfreesolarenergy.com
What has been the recent revenue trend for Gridfree Solar Energy Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Gridfree Solar Energy Limited has fallen by -32.69%.
How many employees does Gridfree Solar Energy Limited currently have?
As Per 2023 financial reports, 10 employees are currently employed by Gridfree Solar Energy Limited.
What change has been observed in the net worth of Gridfree Solar Energy Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Gridfree Solar Energy Limited has experienced an upsurge of 14.60%.
What are the total open charges for Gridfree Solar Energy Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Gridfree Solar Energy Limited amount to ₹ 35.04 Cr.
When was the last Balance Sheet of Gridfree Solar Energy Limited filed with the ROC?
The most recent Balance Sheet for Gridfree Solar Energy Limited was filed with the ROC on 31 Mar 2023.
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