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Frelit Energy Private Limited - environment in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.4 Cr
▲ 31% YoY
Net profit · FY 2024
₹20.49 Lakh
Net margin 1.7%
EBITDA · FY 2024
₹69.9 Lakh
EBITDA margin 5.6%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹6 Lakh
Issued & subscribed
Open charges
₹6.55 Cr
Satisfied ₹29.8 Lakh
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About Frelit Energy Private Limited
Data last updated:
Frelit Energy Private Limited is a private limited company based in Vadodara, Gujarat, India, recognised as a startup by DPIIT. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 17 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51900GJ2019PTC108693. Its GSTIN is 24AADCF7701R1ZB (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors including Shubham Ajay Shrivastava and Swapnil Ajay Shrivastava.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A/33 Jalaramdham Society Nr Riddhi Siddhi Society Manjalpurnaka, Vadodara, Gujarat, India – 390011.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.4 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹20.49 Lakh (net margin 1.7%) and EBITDA of ₹69.9 Lakh (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years.
The company is associated with 1 brand: Frelit energy. As per MCA filings, the company has open charges of ₹6.55 Cr and satisfied charges of ₹29.8 Lakh on record.
Frelit Energy Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0011928). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website frelitenergy.com.
Company details
CIN U51900GJ2019PTC108693
Registration Number 108693
Incorporation Date 17 June 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0011928
Key People
Shubham Ajay Shrivastava Director Swapnil Ajay Shrivastava Director Ankur Shrirang Karkar Director Recognitions & Rankings of Frelit Energy
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0011928
Contact details
Frelit Energy Private Limited's registered office is in Vadodara, Gujarat. Its website is frelitenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA/33 Jalaramdham Society Nr Riddhi Siddhi Society Manjalpurnaka, Vadodara, Gujarat, India – 390011
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Frelit Energy Private Limited, buy the company report.
Comprehensive company report
Frelit Energy Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Frelit Energy operates one associated brand: Frelit energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-performance solar inverters for energy solutions. | frelitenergy.com |
Business activity
The main business activity of Frelit Energy is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Frelit Energy Private Limited, buy the company report.
Financials of Frelit Energy Private Limited
FY 2025 filings availableFrelit Energy Private Limited reported revenue of ₹12.4 Cr (up 31% YoY) for FY 2024.
Revenue · FY 2024
₹12.4 Cr ▲ 31%
Net profit · FY 2024
₹20.49 Lakh margin 1.7%
EBITDA · FY 2024
₹69.9 Lakh margin 5.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 45%
EBITDA CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 71%
Revenue has grown at a compounded annual rate (CAGR) of 45% over three years, including 31% growth in the latest year. EBITDA rose 44% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹69.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.49 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | ||||
| Net Profit Margin | 1.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Frelit Energy Private Limited, buy the company report.
Board of directors of Frelit Energy Private Limited
Frelit Energy has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubham Ajay Shrivastava | Director | 17 Jun 2019 | 7 Years 4 Months | Current |
| Swapnil Ajay Shrivastava | Director | 17 Jun 2019 | 7 Years 4 Months | Current |
| Ankur Shrirang Karkar | Director | 17 Jun 2019 | 7 Years 4 Months | Current |
Auditor
Frelit Energy Private Limited is audited by DEVAM J JAYASWAL for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEVAM J JAYASWAL | FY 2023 | 184987 |
Shareholding
The shareholding of Frelit Energy Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Frelit Energy Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.55 Cr
Satisfied charges
₹29.8 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2023 | 100745546 | Others | ₹30 Lakh | Open | |
| 01 Sep 2022 | 100642662 | Axis Bank Limited | ₹4.7 Cr | Open | |
| 07 May 2021 | 100455509 | Yes Bank Limited | ₹1.55 Cr | Open | |
| 08 Jul 2020 | 100389979 | Canara Bank | ₹4.8 Lakh | Satisfied | |
| 18 Dec 2019 | 100317128 | Canara Bank | ₹25 Lakh | Satisfied |
To see the full charge records of Frelit Energy Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Frelit Energy Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Frelit Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Frelit Energy Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
Active EPFO establishments
1
GST
Frelit Energy has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCF7701R1ZB | Gujarat | Active | 11 Jul 2019 |
| 23AADCF7701R1ZD | Madhya Pradesh | Active | 03 Aug 2023 |
To see the full GST registrations and return filing status of Frelit Energy Private Limited, buy the company report.
Recent activity
Frelit Energy Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Ankur Shrirang Karkar was appointed as Director on 17 Jun 2019.
AGM
Frelit Energy Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Frelit Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited of Rs. 470.00 Lakh registered on 01 Sep 2022 with Charge ID 100642662 was modified on 05 Aug 2024.
Charges
A charge with Others amounted to Rs. 30.00 Lakh with Charge ID 100745546 was registered on 27 Feb 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 470.00 Lakh with Charge ID 100642662 was registered on 01 Sep 2022.
Charges
A charge with Yes Bank Limited of Rs. 154.80 Lakh registered on 07 May 2021 with Charge ID 100455509 was modified on 29 Apr 2022.
Charges
A charge registered on 08 Jul 2020 via Charge ID 100389979 with Canara Bank was fully satisfied on 07 Jun 2021.
Charges
A charge registered on 18 Dec 2019 via Charge ID 100317128 with Canara Bank was fully satisfied on 07 Jun 2021.
Charges
A charge with Yes Bank Limited amounted to Rs. 154.80 Lakh with Charge ID 100455509 was registered on 07 May 2021.
Charges
A charge with Canara Bank amounted to Rs. 4.80 Lakh with Charge ID 100389979 was registered on 08 Jul 2020.
Charges
A charge with Canara Bank amounted to Rs. 25.00 Lakh with Charge ID 100317128 was registered on 18 Dec 2019.
Appointed
Ankur Shrirang Karkar was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Frelit Energy is an active private limited company based in Vadodara, Gujarat, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 17 June 2019 (7+ years old) and is registered under CIN U51900GJ2019PTC108693.
Frelit Energy has 3 current directors:
- Shubham Ajay Shrivastava - Director
- Swapnil Ajay Shrivastava - Director
- Ankur Shrirang Karkar - Director
The latest financial statements of Frelit Energy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Frelit Energy is 24AADCF7701R1ZB, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 23AADCF7701R1ZD (Madhya Pradesh).
The CIN (Corporate Identification Number) of Frelit Energy is U51900GJ2019PTC108693. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frelit Energy was incorporated on 17 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ankur Shrirang Karkar was appointed as Director on 17 Jun 2019. Shubham Ajay Shrivastava was appointed as Director on 17 Jun 2019. Swapnil Ajay Shrivastava was appointed as Director on 17 Jun 2019.
Yes, Frelit Energy is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Frelit Energy is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0011928).
Frelit Energy can be reached through the website frelitenergy.com. Its registered office is in Vadodara, Gujarat, India.
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