Frolitic Energy Solutions Private Limited

Frolitic Energy Solutions Private Limited - business services in Faridabad, Haryana, India. FY 2026 financials & compliance.
CIN U74999HR2017PTC070439 Incorporated 22 August 2017 ROC Haryana HQ Faridabad, Haryana, India
Active Private Limited Company business services DPIIT Startup
Revenue · FY 2020
₹1.11 Lakh
▼ 93% YoY
Net loss · FY 2020
₹5.48 Lakh
Net margin -494.7%
EBITDA · FY 2020
-₹7.23 Lakh
Latest filing
Authorised capital
₹3 Lakh
Registered with MCA
Paid-up capital
₹2.13 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Frolitic Energy Solutions Private Limited

Data last updated:

Frolitic Energy Solutions Private Limited is a private limited company based in Faridabad, Haryana, India, recognised as a startup by DPIIT. It operates in the diversified business activities segment of the business services sector. It was incorporated on 22 August 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U74999HR2017PTC070439. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹2.13 Lakh. It is led by directors Ashutosh Srivastava and Pranav Manocha.

Its last annual general meeting (AGM) was held on 28 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at H. No. – A 1531 Gate No. 3 Green Fields Colony Near Nhps Chowk, Faridabad, Haryana, India – 121003.

As per the financials filed for FY 2020, the company reported a revenue of ₹1.11 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹5.48 Lakh (net margin -494.7%) and EBITDA of -₹7.23 Lakh.

The company is associated with 1 brand: We-Convert.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website weconvert.org.

Company details

CIN U74999HR2017PTC070439
Registration Number 070439
Incorporation Date 22 August 2017
ROC Haryana
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Key People
Ashutosh Srivastava Director Pranav Manocha Director

Recognitions & Rankings of Frolitic Energy Solutions

DPIIT recognised startup Government of India
Startup India

Contact details

Frolitic Energy Solutions Private Limited's registered office is in Faridabad, Haryana. Its website is weconvert.org. Its e-mail address is in the company report.

  • Email
  • Website
    weconvert.org
  • Registered Address
    H. No. – A 1531 Gate No. 3 Green Fields Colony Near Nhps Chowk, Faridabad, Haryana, India – 121003
  • Industry
    Business Services, Miscellaneous Business Activities, Other Services

To see the full contact details of Frolitic Energy Solutions Private Limited, buy the company report.

Comprehensive company report
Frolitic Energy Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Frolitic Energy Solutions operates one associated brand: We-Convert. Each brand links to its own profile.

BrandDescriptionWebsite
We-Convert
IoT-enabled smart trash cans are provided for waste segregation.weconvert.org

Business activity

The main business activity of Frolitic Energy Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Frolitic Energy Solutions Private Limited, buy the company report.

Financials of Frolitic Energy Solutions Private Limited

FY 2020 filings available

Frolitic Energy Solutions Private Limited reported revenue of ₹1.11 Lakh (down 93% YoY) for FY 2020.

Revenue · FY 2020
₹1.11 Lakh ▼ 93%
Net loss · FY 2020
₹5.48 Lakh margin -494.7%
EBITDA · FY 2020
-₹7.23 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 93%
EBITDA CAGR growth
1 year
▼ 132%

Revenue fell 93% in the latest year. EBITDA fell 132% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations₹1.11 Lakh
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹7.23 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹5.48 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin
Net Profit Margin-494.7%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Frolitic Energy Solutions Private Limited, buy the company report.

Board of directors of Frolitic Energy Solutions Private Limited

Frolitic Energy Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashutosh Srivastava
Also directs: Talzen Recruiting Solutions Private Limited
Director22 Aug 20179 Years 2 MonthsCurrent
Pranav ManochaDirector21 Feb 20188 Years 8 MonthsCurrent
View all directors

MSME payment delays

No delayed payments to MSME suppliers are on our record for Frolitic Energy Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Frolitic Energy Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Frolitic Energy Solutions Private Limited, buy the company report.

Recent activity

Frolitic Energy Solutions Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Parth Dave ceased to be Director on 27 Feb 2018.

AGM
Frolitic Energy Solutions Private Limited last Annual general meeting of members was held on 28 Dec 2020 as per latest MCA records.
Filing
Frolitic Energy Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Haryana.
Ceased
Parth Dave ceased to be Director.
Appointed
Pranav Manocha was appointed as Director.
Appointed
Ashutosh Srivastava was appointed as Director.
Appointed
Parth Dave was appointed as Director.
Incorporation
22 Aug 2017
Frolitic Energy Solutions Private Limited was registered on 22 Aug 2017 with Roc Haryana & aged 9 years 2 months as per MCA records.

Frequently asked questions

Frolitic Energy Solutions is an active private limited company based in Faridabad, Haryana, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 22 August 2017 (9+ years old) and is registered under CIN U74999HR2017PTC070439.

Frolitic Energy Solutions has 2 current directors:

The latest financial statements of Frolitic Energy Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 28 December 2020. Year-wise statements from FY 2018 are in the company report.

No. Frolitic Energy Solutions has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Frolitic Energy Solutions is U74999HR2017PTC070439. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Frolitic Energy Solutions was incorporated on 22 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Haryana.

Parth Dave ceased to be Director on 27 Feb 2018. Pranav Manocha was appointed as Director on 21 Feb 2018. Ashutosh Srivastava was appointed as Director on 22 Aug 2017. Frolitic Energy Solutions has 4 board changes on record in total.

Yes, Frolitic Energy Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Frolitic Energy Solutions can be reached through the website weconvert.org. Its registered office is in Faridabad, Haryana, India.

The registered office of Frolitic Energy Solutions is at H. No. – A 1531 Gate No. 3 Green Fields Colony Near Nhps Chowk, Faridabad, Haryana, India – 121003.