Gensol

Ahmedabad, India Founded: 2007 • Age: 19 yrs
Provider of solar advisory and execution services
Annual revenue $47.8M Latest available
Total funding - 1 rounds
Employees 229 Tracked headcount
Investors 3 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Gensol

Gensol is a company based in Ahmedabad (India) founded in 2007 by Anmol Singh Jaggi. The company has 229 employees as of March 30, 2024. Gensol offers products and services including Turnkey EPC, Solar Trackers, EV Manufacturing, and EV Leasing. Gensol operates in a competitive market with competitors including BHI Energy, SunSystem Technology, NovaSource Power Services, Energy Vision and Inspire Clean Energy, among others.

  • Headquarter Ahmedabad, India
  • Employees 229 as on 30 Mar, 2024
  • Founders Anmol Singh Jaggi
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Gensol Engineering Limited
  • Jurisdiction Ahmadabad City, Gujarat, India
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $47.78 M (USD)
    144.69
    as on Mar 31, 2023
  • Net Profit
    $3 M (USD)
    124.62
    as on Mar 31, 2023
  • EBITDA
    $6.88 M (USD)
    200.84
    as on Mar 31, 2023
  • Latest Funding Round
    $108.36 M (USD), Post-IPO

    Feb 07, 2024

  • Investors
  • Employee Count
    229

    as on Mar 30, 2024

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IPO & Listings of Gensol

Gensol 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

Gensol offers a comprehensive portfolio of products and services, including Turnkey EPC, Solar Trackers, EV Manufacturing, and EV Leasing.

Product name locked
Category locked
Primary

End-to-end construction for solar power projects worldwide.

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Devices that optimize solar panel efficiency and output.

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Design and production of electric vehicles for markets.

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Leasing solutions for electric vehicle fleets globally.

People of Gensol

Headcount 1000-5000
Employee Profiles 1
Employee Profiles
People
Abhinav Tiwari
Group Chief Information Officer

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Teams

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Funding Insights of Gensol

Investors in Gensol

Gensol has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Elara Capital, Aries Capital Partners and Tano Investment Opportunities Fund.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Long-term investments are offered by Aries Capital Partners to entrepreneurs.
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Financial services including investment banking, equities, and asset management.
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Investor details for Gensol

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Investments & Acquisitions by Gensol

Investments
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Investment portfolio details for Gensol

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Financial Statements - Gensol

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Detailed financials for Gensol

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Gensol Comparisons

Gensol Primary company
Description
Provider of solar advisory and execution services
Location
Ahmedabad, India
Founded Year
2007
Annual Revenue
$47.78 M (USD)
Net Profit
$3 M (USD)
EBITDA
$6.88 M (USD)
Employees
229
As of 2024
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Peer comparison for Gensol

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Competitors of Gensol

Gensol 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 BHI Energy, SunSystem Technology, NovaSource Power Services, Energy Vision and Inspire Clean Energy, among others.

Company Name Domain Founded year HQ Location Description
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Renewable energy and oil & gas projects are developed.
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Operations and maintenance services are provided for solar energy systems.
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Solar operations and maintenance services are provided globally.
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Solar operations and maintenance services are provided globally.
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Provides solar PV asset management and operations & maintenance services.
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Detailed competitors of Gensol

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Latest news on Gensol

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Complete news archive for Gensol

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Frequently Asked Questions about Gensol

Gensol was founded in 2007 and raised its 1st funding round 17 years after it was founded.

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

As of Mar 30, 2024, the latest employee count at Gensol is 229.

Annual revenue of Gensol is $47.78M as on Mar 31, 2023.

Gensol Solar Group provides solar advisory and execution services, specializing in solar power plant design, advisory, and EPC. They are Indias largest independent operator of solar assets and have a unique business model in the sector. Gensol is dedicated to helping the world build solar power projects that are stamped with extraordinary quality.

Gensol's top competitors include BHI Energy, NovaSource Power Services and SunSystem Technology.

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

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

Gensol has 3 investors. Key investors include Elara Capital, Aries Capital Partners, and Tano Investment Opportunities Fund.

The ticker symbol of Gensol is GENSOL on NSE.

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