About Greengain Energy Solutions Private Limited
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Greengain Energy Solutions Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 19 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2016PTC092079. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mahesh Kumar Tak and Avinash Tak.
Its last annual general meeting (AGM) was held on 30 October 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Block – A S/F 05 Safal Profitair Nr.Krishna Bunglow 100 Ft. Road Prahladnagar Vejalpur, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2019, the company reported a revenue of ₹5.46 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.97 Cr (net margin -36%) and EBITDA of -₹1.89 Cr (EBITDA margin -34.6%).
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website greengainenergy.com.
Company details
Contact details
Greengain Energy Solutions Private Limited's registered office is in Ahmedabad, Gujarat. Its website is greengainenergy.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressBlock – A S/F 05 Safal Profitair Nr.Krishna Bunglow 100 Ft. Road Prahladnagar Vejalpur, Ahmedabad, Gujarat, India – 380015
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Greengain Energy Solutions Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Greengain Energy Solutions is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Greengain Energy Solutions Private Limited, buy the company report.
Financials of Greengain Energy Solutions Private Limited
FY 2019 filings availableGreengain Energy Solutions Private Limited reported revenue of ₹5.46 Cr (up 306% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 306% in the latest year. EBITDA rose 35% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹5.46 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.89 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.97 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -34.6% | ||
| Net Profit Margin | -36% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Greengain Energy Solutions Private Limited, buy the company report.
Board of directors of Greengain Energy Solutions Private Limited
Greengain Energy Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Kumar Tak | Director | 19 May 2016 | 10 Years 5 Months | Current |
| Avinash Tak | Director | 16 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Greengain Energy Solutions Private Limited is compared with the 6 companies closest to it by revenue in the Cleantech industry (Energy Solutions, Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Suryataap Energies and Infrastructure Private Limited | ₹5.5 Cr (FY 2025) | -2.0% | Sonitpur, Assam, India | |||
| Sun N Wind Renewables Private Limited | ₹5.48 Cr (FY 2024) | 34.0% | Pune, Maharashtra, India | |||
| Ganges Enterprises Private Limited | ₹5.48 Cr (FY 2025) | 5.0% | Akola, Maharashtra, India | |||
| Greengain Energy Solutions Private Limitedthis company | ₹5.46 Cr (FY 2019) | -₹1.97 Cr | -36% | 306.0% | Ahmedabad, Gujarat, India | |
| Kashyap Wind & Solar Energy Private Limited | ₹5.41 Cr (FY 2019) | Jamnagar, Gujarat, India | ||||
| Nandini Green Energy Private Limited | ₹5.4 Cr (FY 2024) | 378.0% | Bangalore, Karnataka, India | |||
| Strongsun Solar Private Limited | ₹5.37 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Greengain Energy Solutions Private Limited, buy the company report.
Auditor
Greengain Energy Solutions Private Limited is audited by J HARKISONDAS & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J HARKISONDAS & CO | FY 2019 | 103560W |
Shareholding
The shareholding of Greengain Energy Solutions Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Greengain Energy Solutions Private Limited, buy the company report.
Legal cases
Greengain Energy Solutions Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kalpesh Chandrakant Patel Authorised Person of Dharmaj Crop Guard Ltd. | Disposed |
| District court, Rajsamand, Rajasthan | Criminal case | Filed against the company by Swastik Marmo Grany Private Ltd. (Shiv Narayan Boob) | Pending |
To see the full case history of Greengain Energy Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Greengain Energy Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Greengain Energy Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Greengain Energy Solutions Private Limited, buy the company report.
Recent activity
Greengain Energy Solutions Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Ankit Tak ceased to be Director on 23 Dec 2020.
Frequently asked questions
Greengain Energy Solutions is an active private limited company based in Ahmedabad, Gujarat, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 19 May 2016 (10+ years old) and is registered under CIN U29100GJ2016PTC092079.
Greengain Energy Solutions has 2 current directors:
- Mahesh Kumar Tak - Director
- Avinash Tak - Director
The latest financial statements of Greengain Energy Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 October 2019. Year-wise statements from FY 2017 are in the company report.
No. Greengain Energy Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Greengain Energy Solutions is U29100GJ2016PTC092079. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Greengain Energy Solutions has 2 court cases on record: 2 filed against it. 1 is pending.
Greengain Energy Solutions was incorporated on 19 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Greengain Energy Solutions by revenue are Suryataap Energies and Infrastructure Private Limited, Sun N Wind Renewables Private Limited, Ganges Enterprises Private Limited, Kashyap Wind & Solar Energy Private Limited, Nandini Green Energy Private Limited and 1 more, all in the Cleantech industry (Energy Solutions, Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Ankit Tak ceased to be Director on 23 Dec 2020. Avinash Tak was appointed as Director on 16 Nov 2020. Mahesh Kumar Tak was appointed as Director on 19 May 2016.
Greengain Energy Solutions can be reached through the website greengainenergy.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Greengain Energy Solutions is at Block – A SF 05 Safal Profitair Nr.Krishna Bunglow 100 Ft. Road Prahladnagar Vejalpur, Ahmedabad, Gujarat, India – 380015.
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