Gridfree Solar Energy Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 9.21 M
- Company Age 6 Year, 11 Months
- 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 (Six years and 11 months 20 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.
Company Details
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Location
Bhilwara, Rajasthan, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U40108RJ2018PLC060220
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Company No.
060220
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
13 Feb 2018
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Date of AGM
23 Aug 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Jaipur
Industry
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 |
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Chitwan Agarwal
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Director | 13-Feb-2018 | Current |
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Ayushi Agrawal
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Director | 14-Dec-2019 | Current |
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Chaitanya Agarwal
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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%.
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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.
Related Corporates (Common Directorship)
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Swaraj Suiting LimitedRamesh Agarwal is a mutual person
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Suraj Dyeing And Printing Limited
Ramesh Agarwal is a mutual person
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Gomur Fabrics Private Limited
Ramesh Agarwal is a mutual person
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Suraj Universal Limited
Ramesh Agarwal is a mutual person
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Leoni Motors India Limited
Ramesh Agarwal, Chitwan Agarwal and 1 more are mutual person
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Jmdrr Earth Developers Private Limited
Ramesh Agarwal is a mutual person
Charges (Loans)
₹35.04 Cr
₹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.
