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Gridfree Solar Energy Limited

Solar EPC & I&C service provider for commercial, industrial, residential, and institutional clients.
2018 | Bhilwara, Rajasthan (India) | Active

Last Updated:

July 17, 2024
HomeCompanyGridfree Solar Energy Limited

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

Board Members(4)

NameDesignationAppointment DateStatus
Ramesh Agarwal In Director 01-Jun-2021Current
Chitwan Agarwal In Director 13-Feb-2018Current
Ayushi Agrawal In Director 14-Dec-2019Current
Chaitanya Agarwal In Director 24-Nov-2020Current

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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-32.69%
Revenue from Operations
-32.61%
Total Assets
-8.07%
Profit or Loss
-30.43%
Net Worth
14.60%
EBITDA
87.14%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹35.04 Cr

LenderAmountStatus

Others

Creation Date: 20 Sep 2023
₹2.00 CrOpen

Yes Bank Limited

Creation Date: 11 Jul 2023
₹10.00 CrOpen

Hdfc Bank Limited

Creation Date: 25 May 2023
₹3.48 MOpen

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.

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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.

    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.

    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.

    23 Aug 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100763636 was registered on 11 Jul 2023.

    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.

    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.

    31 Mar 2023

Frequently asked questions

  • Gridfree Solar Energy Limited was incorporated on 13 Feb 2018.

  • The authorized share capital of Gridfree Solar Energy Limited is ₹ 5.00 Cr and paid-up capital is ₹ 9.21 M.

  • Currently 4 directors are associated with Gridfree Solar Energy Limited.

    • Ramesh Agarwal
    • Chitwan Agarwal
    • Ayushi Agrawal
    • Chaitanya Agarwal
  • 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.

  • 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).

  • The Official website of Gridfree Solar Energy Limited is https://www.gridfreesolarenergy.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gridfree Solar Energy Limited has fallen by -32.69%.

  • As Per 2023 financial reports, 10 employees are currently employed by Gridfree Solar Energy Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gridfree Solar Energy Limited amount to ₹ 35.04 Cr.

  • The most recent Balance Sheet for Gridfree Solar Energy Limited was filed with the ROC on 31 Mar 2023.

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