About Heemsol Energy System
Heemsol Energy System is an Energy & Utilities company based in Ahmedabad (India) founded in 2016. Solar rooftop solutions are delivered for renewable energy needs. Its Indian entity Heemsol Energy System Private Limited reported revenue of ₹7.57 Cr. Heemsol Energy System offers products and services including Solar Rooftop Solutions, Solar Power Plants, EPC Services, and Solar Powered EV Charging Stations. Its focus areas include Energy, Solar Energy, Solar Products and Outdoor Spaces.
Company details
Heemsol Energy System was established in 2016 and is headquartered in Ahmedabad, India. Operations are centered on the renewable energy sector, where solar rooftop solutions are developed and installed for residential and commercial clients. Services include system design, installation, and maintenance, with a focus on efficient energy generation. The companys domain, heemenergy.com, supports client inquiries and project information across India.
- Headquarters Ahmedabad, India
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website heemenergy.com
- Legal Name Heemsol Energy System Private Limited
- Date of Incorporation 16 Nov, 2016
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹7.57 Cr
FY 2023 · -12% YoY
- Net Profit₹4.6 Lakh
FY 2023 · 1% margin
- EBITDA₹7.1 Lakh
FY 2023 · 1% margin
- Investors
Associated legal entities of Heemsol Energy System
Heemsol Energy System operates through Heemsol Energy System Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Heemsol Energy System Private Limited CIN U36990GJ2016PTC094389 | Active | 16 Nov 2016 | Ahmedabad, Gujarat | ₹7.6 Cr | 3 | View details |
Products & Services of Heemsol Energy System
Heemsol Energy System offers a comprehensive portfolio of products and services, including Solar Rooftop Solutions, Solar Power Plants, EPC Services, and Solar Powered EV Charging Stations.
Customized installations for residential and commercial solar power
Design and setup of large-scale solar energy systems
Engineering, procurement, and commissioning for solar projects
Installation of charging stations using solar energy
Funding Insights of Heemsol Energy System
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Heemsol Energy System with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2022 | Seed | – | – |
1 investors in total: 1 institutional.
Investors in Heemsol Energy System
Heemsol Energy System has secured backing from 1 investor. Prominent investors backing the company include Evexia Lifecare.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Contract manufacturer of pharma chemicals | 1990 | evexialifecare.com | Vadodara, India |
Investor details for Heemsol Energy System
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Board of directors of Heemsol Energy System Private Limited (Heemsol Energy System)
Heemsol Energy System Private Limited is the primary company behind Heemsol Energy System. The board of Heemsol Energy System Private Limited currently have 3 directors; the longest-serving is Dipti Harit Shah, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dipti Harit Shah DIN 07409844 | Director | 16 Nov 2016 | 9 yrs 11 mo | Heemsol Energy System Private Limited |
| Sandhyaben Gopalbhai Shah DIN 06975525 | Director | 16 Nov 2016 | 9 yrs 11 mo | Heemsol Energy System Private Limited |
| Jayesh Raichandbhai Thakkar DIN 01631093 | Director | 08 Jun 2022 | 4 yrs 4 mo | Heemsol Energy System Private Limited |
Financials of Heemsol Energy System
Figures of Heemsol Energy System Private Limited, the primary company behind Heemsol Energy System, for FY 2023. Revenue was ₹7.57 Cr (-12% year on year). Net profit was ₹4.6 Lakh (1% margin). EBITDA was ₹7.1 Lakh (1% margin). Revenue has grown at a compounded annual rate of +43% over three years and +109% over five years.
- ₹7.57 CrRevenue · FY 2023 · -12% YoY
- ₹4.6 LakhNet profit · 1% margin
- ₹7.1 LakhEBITDA · 1% margin
- ₹1 LakhPaid-up capital
- +43%Revenue CAGR, 3 years
- +109%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Heemsol Energy System Private Limited are on its company page.
Detailed financial statements for Heemsol Energy System
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Timeline of Heemsol Energy System
2 dated milestones of Heemsol Energy System across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Heemsol Energy System is founded.
- Funding First funding round.
Web traffic of Heemsol Energy System
The website of Heemsol Energy System (heemenergy.com) receives about 1.9K visits a month.
- Monthly visits1.9K
▲ 165.2% vs previous month
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Heemsol Energy System (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Related news about Heemsol Energy System
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Frequently Asked Questions about Heemsol Energy System
Heemsol Energy System was founded in 2016 and raised its 1st funding round 6 years after it was founded.
Heemsol Energy System is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
The primary company behind Heemsol Energy System, Heemsol Energy System Private Limited, reported revenue of ₹7.57 Cr for FY 2023, down 12% year on year.
Heemsol Energy System was established in 2016 and is headquartered in Ahmedabad, India. Operations are centered on the renewable energy sector, where solar rooftop solutions are developed and installed for residential and commercial clients. Services include system design, installation, and maintenance, with a focus on efficient energy generation. The companys domain, heemenergy.com, supports client inquiries and project information across India.
Heemsol Energy System offers Solar Rooftop Solutions, Solar Power Plants, EPC Services, and Solar Powered EV Charging Stations.
Heemsol Energy System has 1 investor. Key investors include Evexia Lifecare.
Heemsol Energy System operates through Heemsol Energy System Private Limited.
The legal entities of Heemsol Energy System currently have 3 directors, including Dipti Harit Shah, Sandhyaben Gopalbhai Shah, Jayesh Raichandbhai Thakkar.