About Grace Renew
Grace Renew is an Energy & Utilities company based in Ahmedabad (India) founded in 2014 by Manish Bagadia. It offers solar EPC solutions, panels, and inverters for residential and industrial clients. It operates on a B2B and B2C model. The company has 2 employees. Its chief executive, as recorded, is Manish Bagadia. Its Indian entity Grace Renewable Energy Limited reported revenue of ₹121 Cr. Grace Renew offers products and services including Solar EPC Contracts, Solar Panels, Inverters, Module Mounting Structures, and Lithium Ion Batteries. Its focus areas include Energy, Renewable Energy, Solar Energy and Panel Manufacturing. Similar companies include Goldi Solar, Su-Kam Power Systems and Emmvee; 1 of its 3 listed similar companies has raised funding.
Company details
Grace Renewable Energy Limited is a solar EPC company based in Ahmedabad, India, specializing in end-to-end services for installing solar systems using high-quality components from global providers. They serve residential, commercial, industrial, and institutional sectors, having completed over 8000 projects. The company focuses on engineering, procurement, and construction for solar energy solutions, contributing to renewable energy adoption while ensuring reliable installations and maintenance.
- Headquarters Ahmedabad, India
- Employees 2
- Founders Manish Bagadia
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website gracerenew.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Grace Renewable Energy Limited
- Date of Incorporation 05 Sep, 2013
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹121 Cr
FY 2025 · +55% YoY
- Net Profit₹9.79 Cr
FY 2025 · 8% margin
- EBITDA₹12.83 Cr
FY 2025 · 11% margin
- Employee Count2
Associated legal entities of Grace Renew
Grace Renew operates through Grace Renewable Energy Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Grace Renewable Energy Limited CIN U74110GJ2013PLC076707 | Active | 05 Sep 2013 | Ahmedabad, Gujarat | ₹121 Cr | 5 | 8 | View details |
Products & Services of Grace Renew
Grace Renew offers a comprehensive portfolio of products and services, including Solar EPC Contracts, Solar Panels, Inverters, Module Mounting Structures, and Lithium Ion Batteries.
End-to-end management for solar project installation
Photovoltaic panels for energy generation
Devices converting DC to AC for solar systems
Supports for securing solar panels
Batteries for solar energy storage applications
Board of directors of Grace Renewable Energy Limited (Grace Renew)
Grace Renewable Energy Limited is the primary company behind Grace Renew. The board of Grace Renewable Energy Limited currently have 6 directors; the longest-serving is Manish Bagadia, appointed in 2013. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manish Bagadia DIN 02009864 | Managing Director | 05 Sep 2013 | 13 yrs 2 mo | Grace Renewable Energy Limited |
| Karuna Bagadia DIN 02346868 | Whole-time director | 22 Feb 2017 | 9 yrs 8 mo | Grace Renewable Energy Limited |
| Jigar Patel DIN 10630897 | Whole-time director | 17 May 2024 | 2 yrs 5 mo | Grace Renewable Energy Limited |
| Prashant Pratapbhai Agrawal DIN 10837275 | Director | 22 Nov 2024 | 1 yr 11 mo | Grace Renewable Energy Limited |
| Nagaraj Giridhar DIN 09106816 | Director | 24 May 2025 | 1 yr 5 mo | Grace Renewable Energy Limited |
| Vivek Gupta DIN 11122085 | Director | 24 May 2025 | 1 yr 5 mo | Grace Renewable Energy Limited |
People of Grace Renew
1 people are tracked at Grace Renew (1 in leadership); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership |
Complete people profiles for Grace Renew
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Financials of Grace Renew
Figures of Grace Renewable Energy Limited, the primary company behind Grace Renew, for FY 2025. Revenue was ₹121 Cr (+55% year on year). Net profit was ₹9.79 Cr (8% margin). EBITDA was ₹12.83 Cr (11% margin). Revenue has grown at a compounded annual rate of +35% over three years and +29% over five years.
- ₹121 CrRevenue · FY 2025 · +55% YoY
- ₹9.79 CrNet profit · 8% margin
- ₹12.83 CrEBITDA · 11% margin
- ₹15.60 CrPaid-up capital
- 5Employees (provident fund records)
- +35%Revenue CAGR, 3 years
- +29%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Grace Renewable Energy Limited are on its company page.
Detailed financial statements for Grace Renew
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Similar companies to Grace Renew
Grace Renew has 3 listed similar companies in our database, 1 of them funded. They include Goldi Solar, Su-Kam Power Systems and Emmvee.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| goldisolar.com | 2011 | Surat, India | $230.96M | 1,583 | Manufacturer of solar PV modules | |
| su-kam.com | 1988 | Gurugram, India | 288 | Solar panels and power storage products are manufactured. | ||
| emmvee.com | 1992 | Bengaluru, India | 530 | Manufactures solar panels, water heaters, and turnkey solutions for renewable energy. |
Detailed similar companies of Grace Renew
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Web traffic of Grace Renew
The website of Grace Renew (gracerenew.com) receives about 1.8K visits a month.
- Monthly visits1.8K
▲ 7.9% vs previous month
Websites whose visitors overlap most with Grace Renew. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tromindustries.com | 100% | 1.1K | #13,139,684 | View details | |
| akuntha.com | 99% | 6.6K | #3,449,719 | View details | |
| ahmedabadsolar.com | 97% | #9,306,183 | View details | ||
| rayspowerinfra.com | 89% | 3K | #5,456,216 | View details | |
| lobelpower.com | 89% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Grace Renew
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- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Grace Renew
Grace Renew was founded in 2014.
Grace Renew is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Manish Bagadia is the CEO of Grace Renew, as recorded in our data. They have also founded this company.
Grace Renew has 2 employees.
The primary company behind Grace Renew, Grace Renewable Energy Limited, reported revenue of ₹121 Cr for FY 2025, up 55% year on year.
Grace Renewable Energy Limited is a solar EPC company based in Ahmedabad, India, specializing in end-to-end services for installing solar systems using high-quality components from global providers. They serve residential, commercial, industrial, and institutional sectors, having completed over 8000 projects. The company focuses on engineering, procurement, and construction for solar energy solutions, contributing to renewable energy adoption while ensuring reliable installations and maintenance.
Grace Renew's top competitors include Goldi Solar, Su-Kam Power Systems and Emmvee.
Grace Renew offers Solar EPC Contracts, Solar Panels, Inverters, Module Mounting Structures, and Lithium Ion Batteries.
Grace Renew operates through Grace Renewable Energy Limited.
The legal entities of Grace Renew currently have 8 directors, including Karuna Bagadia, Nagaraj Giridhar, Jigar Patel and others.