Gensol solar

Ahmedabad, India Founded: 2007 • Age: 19 yrs
Solar EPC, consultancy, and allied services are provided.
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About Gensol solar

Gensol solar is a company based in Ahmedabad (India) founded in 2007.. The company has 219 employees as of March 31, 2023. Gensol solar has completed 1 acquisition, including Scorpius Trackers. Gensol solar offers products and services including Turnkey EPC, Solar Trackers, EV Manufacturing, and EV Leasing. Gensol solar operates in a competitive market with competitors including Fourth Partner Energy, Rays Power Infra, Amplus Solar, SB Energy and Sterling And Wilson, among others.

  • Headquarter Ahmedabad, India
  • Employees 219 as on 31 Mar, 2023
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Gensol Engineering Limited
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
    $100.28 M (USD)
    133.69
    as on Mar 31, 2023
  • Net Profit
    $7.16 M (USD)
    154.92
    as on Mar 31, 2023
  • EBITDA
    $12.26 M (USD)
    142.26
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    219

    as on Mar 31, 2023

  • Investments & Acquisitions
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IPO & Listings of Gensol solar

Gensol solar is a publicly listed company on the NSE with ticker symbol GENSOL in India, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: GENSOL . Sector: Industrial services · India

Products & Services of Gensol solar

Gensol solar offers a comprehensive portfolio of products and services, including Turnkey EPC, Solar Trackers, EV Manufacturing, and EV Leasing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

End-to-end services for solar power project development and execution.

Devices that optimize solar panel efficiency through tracking systems.

Production of electric vehicles for sustainable transportation needs.

Fleet leasing solutions for electric vehicles to support green mobility.

Funding Insights of Gensol solar

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Gensol solar

Gensol solar has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Scorpius Trackers. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Solar tracker developers
2012
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Gensol solar

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Gensol Solar Comparisons

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Competitors of Gensol solar

Gensol solar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fourth Partner Energy, Rays Power Infra, Amplus Solar, SB Energy and Sterling And Wilson, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
On-grid and off-grid solar solutions and products are provided.
domain founded_year HQ Location
Turnkey solar engineering, procurement, and construction solutions are provided.
domain founded_year HQ Location
Solar installation services and renewable energy solutions are provided.
domain founded_year HQ Location
Solar energy projects are developed and managed globally.
domain founded_year HQ Location
EPC and MEP services are provided across diverse sectors.
domain founded_year HQ Location
Solar energy projects are developed by Oriano Solar in India.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Gensol Solar

Frequently Asked Questions about Gensol solar

When was Gensol solar founded?

Gensol solar was founded in 2007.

Where is Gensol solar located?

Gensol solar is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

How many employees does Gensol solar have?

As of Mar 31, 2023, the latest employee count at Gensol solar is 219.

What is the annual revenue of Gensol solar?

Annual revenue of Gensol solar is $100.28M as on Mar 31, 2023.

What does Gensol solar do?

Gensol Solar was established in 2007 in Ahmedabad, India, within the renewable energy sector. Consultancy and execution services for MW-scale solar projects, including grid-connected rooftops and off-grid systems, are offered. Carbon trading and renewable energy certification are managed as additional operations. Advisory support has been extended to over 450 projects across India, encompassing more than 400MW of installed capacity.

Who are the top competitors of Gensol solar?

Gensol solar's top competitors include Rays Power Infra, Fourth Partner Energy and Oriano Solar.

What products or services does Gensol solar offer?

Gensol solar offers Turnkey EPC, Solar Trackers, EV Manufacturing, and EV Leasing.

Is Gensol solar publicly traded?

Yes, Gensol solar is publicly traded on NSE under the ticker symbol GENSOL.

How many acquisitions has Gensol solar made?

Gensol solar has made 1 acquisition, including Scorpius Trackers.

What is Gensol solar's ticker symbol?

The ticker symbol of Gensol solar is GENSOL on NSE.

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