About Gridfree Solar Energy
Gridfree Solar Energy is an Energy & Utilities company based in Bhilwara (India) founded in 2018. It offers solar panels, EPC, and storage for B2B and B2C clients in India. It operates on a B2B and B2C model. The company has 10 employees. Its Indian entity Gridfree Solar Energy Limited reported revenue of ₹101 Cr. Gridfree Solar Energy offers products and services including Solar Panels, Solar EPC, and Solar Storage. Its focus areas include Energy, Renewable Energy, Solar and Modules Distribution. Its competitors include SolarSquare, ZunRoof and Oorjan; 3 of its 3 listed competitors have raised funding.
Company details
Gridfree Solar Energy Limited delivers end-to-end solar solutions, including rooftop installations, solar modules distribution, and EPC services. Based in Bhilwara, Rajasthan, they handle design, engineering, procurement, and maintenance for both B2B and B2C clients across India. The company focuses on sustainable energy transitions with certified expertise, serving various industrial and residential projects to promote renewable power.
- Headquarters Bhilwara, India
- Employees 10
- SectorsEnergy & Utilities
- Website gridfreesolarenergy.com
- Social LinkedIn X Facebook Instagram
- Legal Name Gridfree Solar Energy Limited
- Date of Incorporation 13 Feb, 2018
- Jurisdiction Bhilwara, Rajasthan, India
- Annual Revenue₹101 Cr
FY 2025 · -31% YoY
- Net Profit₹1.28 Cr
FY 2025 · 1% margin
- EBITDA₹2.84 Cr
FY 2025 · 3% margin
- Employee Count10
Associated legal entities of Gridfree Solar Energy
Gridfree Solar Energy operates through Gridfree Solar 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 |
|---|---|---|---|---|---|---|---|
| Gridfree Solar Energy Limited CIN U40108RJ2018PLC060220 | Active | 13 Feb 2018 | Bhilwara, Rajasthan | ₹101 Cr | 10 | 5 | View details |
Products & Services of Gridfree Solar Energy
Gridfree Solar Energy offers a comprehensive portfolio of products and services, including Solar Panels, Solar EPC, and Solar Storage.
High-performance panels for energy generation and efficiency.
End-to-end services for solar project design and installation.
Solutions for storing solar power for reliable usage.
Board of directors of Gridfree Solar Energy Limited (Gridfree Solar Energy)
Gridfree Solar Energy Limited is the primary company behind Gridfree Solar Energy. The board of Gridfree Solar Energy Limited currently have 5 directors; the longest-serving is Chitwan Agarwal, appointed in 2018. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chitwan Agarwal DIN 08068268 | Whole-time director | 13 Feb 2018 | 8 yrs 8 mo | Gridfree Solar Energy Limited |
| Chaitanya Agarwal DIN 08968112 | Director | 24 Nov 2020 | 5 yrs 11 mo | Gridfree Solar Energy Limited |
| Chitra Naraniwal DIN 09077116 | Director | 11 Mar 2025 | 1 yr 7 mo | Gridfree Solar Energy Limited |
| Kirti Agarwal DIN 09125391 | Director | 11 Mar 2025 | 1 yr 7 mo | Gridfree Solar Energy Limited |
| Vatsal Agarwal DIN 11047370 | Director | 03 May 2025 | 1 yr 6 mo | Gridfree Solar Energy Limited |
Financials of Gridfree Solar Energy
Figures of Gridfree Solar Energy Limited, the primary company behind Gridfree Solar Energy, for FY 2025. Revenue was ₹101 Cr (-31% year on year). Net profit was ₹1.28 Cr (1% margin). EBITDA was ₹2.84 Cr (3% margin). Revenue has grown at a compounded annual rate of +17% over three years and +51% over five years.
- ₹101 CrRevenue · FY 2025 · -31% YoY
- ₹1.28 CrNet profit · 1% margin
- ₹2.84 CrEBITDA · 3% margin
- ₹5.53 CrPaid-up capital
- 10Employees (provident fund records)
- +17%Revenue CAGR, 3 years
- +51%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Gridfree Solar Energy Limited are on its company page.
Detailed financial statements for Gridfree Solar Energy
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Competitors of Gridfree Solar Energy
Gridfree Solar Energy has 3 listed competitors in our database, 3 of them funded. They include SolarSquare, ZunRoof and Oorjan.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solarsquare.in | 2015 | Mumbai, India | $61.07M | 1,463 | Provider of solar panel installation services | |
| zunroof.com | 2016 | Gurugram, India | $17.97M | 73 | Provider of solar panel installation and O&M services | |
| oorjan.com | 2014 | Mumbai, India | $655,037 | 85 | Solar project financing and development |
Detailed competitors of Gridfree Solar Energy
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Frequently Asked Questions about Gridfree Solar Energy
Gridfree Solar Energy was founded in 2018.
Gridfree Solar Energy is headquartered in Bhilwara, India. It is registered at Bhilwara, Rajasthan, India.
Gridfree Solar Energy has 10 employees.
The primary company behind Gridfree Solar Energy, Gridfree Solar Energy Limited, reported revenue of ₹101 Cr for FY 2025, down 31% year on year.
Gridfree Solar Energy Limited delivers end-to-end solar solutions, including rooftop installations, solar modules distribution, and EPC services. Based in Bhilwara, Rajasthan, they handle design, engineering, procurement, and maintenance for both B2B and B2C clients across India. The company focuses on sustainable energy transitions with certified expertise, serving various industrial and residential projects to promote renewable power.
Gridfree Solar Energy's top competitors include SolarSquare, Oorjan and ZunRoof.
Gridfree Solar Energy offers Solar Panels, Solar EPC, and Solar Storage.
Gridfree Solar Energy operates through Gridfree Solar Energy Limited.
The legal entities of Gridfree Solar Energy currently have 5 directors, including Chitwan Agarwal, Chitra Naraniwal, Chaitanya Agarwal and others.