Gensol Engineering Limited

BSE: 542851 NSE: GENSOL
Gensol Engineering Limited - energy and power in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L74210GJ2012PLC129176 Incorporated 25 September 2012 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Under Insolvency Listed - NSE: GENSOL · BSE: 542851 Public Limited Company energy and power
Data last updated
Market Cap
₹43.71 Cr
GENSOL · NSE
Share Price
₹11.09
-2.46% today
Revenue
₹963 Cr
FY 2023-24 · +142.0% YoY
EBITDA
₹230 Cr
Margin 23.9%
Net Profit
₹59.61 Cr
FY 2023-24 · +152.7% YoY
P/E (TTM)
0.4x
P/B 0.1x
ROE
20.1%
ROCE 12.6%
Debt / Equity
3.96
Interest cover 71.0x

About Gensol Engineering Limited

Data last updated:

Gensol Engineering Limited is a public limited company based in Ahmedabad, Gujarat, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the power epc segment of the energy and power sector. It was incorporated on 25 September 2012.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L74210GJ2012PLC129176. Its GSTIN is 24AAECG9092M1Z3 (Gujarat). The company holds 10 GST registrations, of which 8 are active. Its shares are listed on BSE: 542851 and NSE: GENSOL.

The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹38.45 Cr. It was formerly known as Gensol Engineering Private Limited. It is led by directors including Anmol Singh Jaggi (Managing Director) and Puneet Singh Jaggi (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.

As per the latest consolidated financials for FY 2023-24, the company reported a revenue of ₹963.1 Cr, a growth of 142% compared to the previous year. For the same year it recorded a net profit of ₹59.61 Cr (net margin 6.2%) and EBITDA of ₹229.73 Cr (EBITDA margin 23.9%). The net worth stands at ₹325.71 Cr (up 57.4% YoY). Total assets are valued at ₹2,032.9 Cr (up 113.8% YoY).

The company has about 229 employees on its provident fund (EPFO) records. Its group structure includes 7 subsidiaries.

The company is associated with 1 brand: Gensol. As per MCA filings, the company has open charges of ₹2,365 Cr and satisfied charges of ₹33.95 Cr on record. Court records list 242 cases involving the company, including 12 filed by the company and 231 filed against it; 119 cases are pending. The company has 47 deals on record (39 market trades, 3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹352.99 Cr; the latest was in September 2025.

The last known website on record is gensolsolar.in.

Company details

CIN L74210GJ2012PLC129176
Registration Number 129176
Incorporation Date 25 September 2012
ROC Ahmedabad
Listing Status Listed - Listed on NSE (GENSOL); Listed on BSE (542851)
Company Status Under CIRP
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

CIN history

Gensol Engineering has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74210GJ2012PLC129176, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L74210GJ2012PLC129176Current
U74210CH2012PTC034105Previous
U74210CH2012PLC034105Previous
L74210CH2012PLC034105Previous
Key People
Anmol Singh Jaggi Managing Director Puneet Singh Jaggi Whole-Time Director Ali Imran Naqvi Director

Contact details

Gensol Engineering Limited's registered office is in Ahmadabad City, Gujarat. Its website is gensolsolar.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    gensolsolar.in
  • Social Media
  • Registered Address
    15th Floor A Block Westgate Business Bay, S G Road, Ahmedabad, Gujarat, India – 380051
  • Industry
    Energy and Power, Power EPC, BoP & BTG Services

To see the full contact details of Gensol Engineering Limited, buy the company report.

Comprehensive company report
Gensol Engineering 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

Gensol Engineering operates one associated brand: Gensol. Each brand links to its own profile.

BrandDescriptionWebsite
Gensol
Provider of solar advisory and execution servicesgensol.in

Business activity

The main business activities of Gensol Engineering are professional, scientific and technical, construction and support service to organizations. In detail, this covers architecture, engineering activities, technical testing and analysis activities, roads, railways, utility projects and rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities. 3 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM4Architecture, engineering activities, technical testing and analysis activities
FConstructionF2Roads, railways, Utility projects
NSupport service to OrganizationsN1Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities

To see the full business activity and turnover split of Gensol Engineering Limited, buy the company report.

Financials of Gensol Engineering Limited

FY 2023-24 filings available

Gensol Engineering Limited reported revenue of ₹963.1 Cr (up 142% YoY) for FY 2023-24.

Financial Highlights

FY 2023-24 · Consolidated
Revenue
₹963 Cr
+142.0% YoY
EBITDA
₹230 Cr
+195.1% YoY
Profit After Tax
₹59.61 Cr
+152.7% YoY
Net Worth
₹326 Cr
+57.4% YoY
Total Assets
₹2,033 Cr
+113.8% YoY
Total Debt
₹1,510 Cr
+152.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Income statement
Revenue96339816063.9782.1282.9769.02
Revenue growth+142.0%+148.1%+150.8%-22.1%-1.0%+20.2%-
EBITDA23077.8419.206.364.079.187.23
EBITDA margin+23.9%+19.6%+12.0%+9.9%+5.0%+11.1%+10.5%
Profit before tax77.9033.1514.373.753.439.177.45
Net profit59.6123.5911.093.192.216.615.33
Net profit margin+6.2%+5.9%+6.9%+5.0%+2.7%+8.0%+7.7%
EPS (₹)15.7219.1210.143.892.6910.914,338.70
Balance sheet
Total assets2,03395117449.8449.1222.148.07
Net worth32620746.4536.3633.1713.036.54
Total debt1,51059882.3910.5211.008.611.24
Cash & bank37928611.038.834.592.321.92
Net working capital86737511241.5337.9212.246.24
Cash flow
Cash from operations(98.10)115(49.63)5.85(17.75)3.231.65
Cash from investing(668)(706)(60.00)(0.72)(0.42)(7.92)(0.87)
Cash from financing859709109(4.13)20.445.620.35
ParticularsDec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Revenue345346362399220305145164
Revenue growth (YoY)+56.4%+13.8%+150.4%+143.3%+333.7%---
Other income0.830.331.441.356.880.290.422.62
EBITDA69.4810774.7378.6763.0047.0736.6129.22
EBITDA margin+20.2%+30.8%+20.6%+19.7%+28.6%+15.5%+25.3%+17.8%
Depreciation7.306.271.8323.9620.480.3812.699.65
Interest47.0475.8335.8627.2331.9815.199.8911.59
Profit before tax15.9724.8438.4828.8317.4231.7914.4510.60
Tax(1.89)1.9111.799.055.4714.084.413.22
Net profit17.8622.9326.6919.7811.9517.7110.047.38
EPS (₹)4.467.758.276.453.254.882.846.37
MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Income statement
Revenue90437115460.1175.1478.6164.23
Revenue growth+143.7%+141.7%+155.4%-20.0%-4.4%+22.4%-
EBITDA24375.6317.414.802.288.036.32
EBITDA margin+26.9%+20.4%+11.3%+8.0%+3.0%+10.2%+9.8%
Profit before tax10834.5514.323.623.137.476.63
Net profit80.4825.2811.023.122.155.444.37
Net profit margin+8.9%+6.8%+7.2%+5.2%+2.9%+6.9%+6.8%
EPS (₹)21.2520.5010.073.802.639.033,538.24
Balance sheet
Total assets1,76392217042.7842.0014.727.58
Net worth34420445.7934.7731.6411.566.11
Total debt1,26057478.375.047.462.711.21
Cash & bank32428510.788.756.802.201.26
Net working capital82737310939.6437.0711.985.60
Cash flow
Cash from operations(51.67)99.66(46.98)5.32(14.31)2.450.82
Cash from investing(512)(665)(64.95)(0.63)(2.40)(0.72)(0.02)
Cash from financing602683111(3.64)21.31(0.24)0.34
ParticularsDec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Revenue294299342363201299147144
Revenue growth (YoY)+46.1%+0.2%+133.2%+151.2%+337.5%---
Other income1.360.550.2914.928.210.379.103.98
Total expenses253186265275135250110116
EBITDA41.0611376.7087.4665.6848.7236.6328.65
EBITDA margin+14.0%+37.7%+22.4%+24.1%+32.7%+16.3%+25.0%+19.8%
Depreciation2.082.370.1823.1119.730.2512.609.56
Interest22.0060.2222.4532.7830.7312.8316.4611.42
Profit before tax18.3450.7354.3646.4923.4336.0116.6711.65
Tax3.334.4410.3011.685.8913.944.243.17

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
ParticularsDec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Revenue345346362399220305145164
Revenue growth (YoY)+56.4%+13.8%+150.4%+143.3%+333.7%---
Other income0.830.331.441.356.880.290.422.62
EBITDA69.4810774.7378.6763.0047.0736.6129.22
EBITDA margin+20.2%+30.8%+20.6%+19.7%+28.6%+15.5%+25.3%+17.8%
Depreciation7.306.271.8323.9620.480.3812.699.65
Interest47.0475.8335.8627.2331.9815.199.8911.59
Profit before tax15.9724.8438.4828.8317.4231.7914.4510.60
Tax(1.89)1.9111.799.055.4714.084.413.22
Net profit17.8622.9326.6919.7811.9517.7110.047.38
EPS (₹)4.467.758.276.453.254.882.846.37
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Revenue96339816063.9782.1282.9769.02
Revenue growth+142.0%+148.1%+150.8%-22.1%-1.0%+20.2%-
Other income32.805.131.990.632.771.210.62
Total expenses73332014157.6178.0573.7961.79
Employee cost40.8614.4911.4810.7614.7715.3210.85
EBITDA23077.8419.206.364.079.187.23
EBITDA margin+23.9%+19.6%+12.0%+9.9%+5.0%+11.1%+10.5%
Depreciation74.2525.371.311.351.390.440.12
Interest11024.455.511.892.020.780.28
Profit before tax77.9033.1514.373.753.439.177.45
Tax24.449.823.250.561.212.572.12
Net profit59.6123.5911.093.192.216.615.33
Net profit margin+6.2%+5.9%+6.9%+5.0%+2.7%+8.0%+7.7%
EPS (₹)15.7219.1210.143.892.6910.914,338.70
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Equity & liabilities
Share capital37.8712.2210.948.208.206.040.01
Reserves & surplus28819535.5128.1624.976.996.53
Shareholders' funds (net worth)32620746.4536.3633.1713.036.54
Minority interest(12.66)0.940.040.011.900.000.01
Secured loans1,13343939.345.403.524.270.36
Unsecured loans37615943.055.127.484.340.88
Total debt1,51059882.3910.5211.008.611.24
Total liabilities2,03395117449.8449.1222.148.07
Assets
Gross block83232360.109.999.618.961.15
Net block72329355.376.557.688.420.88
Capital work in progress88.3640.980.000.000.000.000.00
Investments6.656.650.000.000.000.000.00
Inventories12.1310.3260.2610.810.000.000.00
Sundry debtors22872.7035.2417.7926.3521.9616.39
Cash & bank balances37928611.038.834.592.321.92
Loans & advances50410936.3624.0431.699.246.29
Total current assets1,12347814361.4762.6333.5224.60
Total current liabilities25510331.0219.9424.7121.2818.36
Net working capital86737511241.5337.9212.246.24
Total assets2,03395117449.8449.1222.148.07
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Opening cash1257.317.936.932.321.390.16
Net cash from operating activities(98.10)115(49.63)5.85(17.75)3.231.65
Net cash from investing activities(668)(706)(60.00)(0.72)(0.42)(7.92)(0.87)
Net cash from financing activities859709109(4.13)20.445.620.35
Net change in cash92.93118(0.62)1.002.270.931.13
Closing cash37928611.038.834.592.321.92
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Growth
Sales growth+142.0%+148.1%+150.8%-22.1%-1.0%+20.2%-
EBITDA growth+195.1%+305.4%+201.9%+56.3%-55.7%+27.0%-
PBT growth+135.0%+130.7%+283.2%+9.3%-62.6%+23.1%+343.5%
Net income growth+152.7%+112.7%+247.7%+44.3%-66.6%+24.0%-
Revenue CAGR (3Y)+146.9%+69.2%+24.6%-2.5%+9.7%--
EBITDA CAGR (3Y)+230.6%+167.4%+27.9%-4.2%+34.0%--
Profitability & leverage
Net income margin+5.6%+5.9%+6.9%+5.0%+2.7%+8.0%+7.7%
Return on capital employed+12.6%+10.3%+17.7%+11.6%+15.7%+65.8%+156.8%
Return on net worth+20.1%+18.4%+26.9%+9.2%+9.6%+67.4%+137.8%
Debt / equity3.962.691.120.310.420.500.21
Long-term debt / equity2.702.120.520.130.270.390.12
Interest cover70.9946.6030.8037.7275.378.923.94
Efficiency & per share
Fixed asset turnover1.672.084.586.538.8416.4195.86
Inventory turnover85.8011.284.5111.840.000.000.00
Debtors turnover6.417.376.052.903.404.336.05
EPS (₹)15.7219.1210.143.892.6910.914,338.70
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)86.01169.3442.4644.3440.4421.575,321.87
ParticularsDec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Revenue294299342363201299147144
Revenue growth (YoY)+46.1%+0.2%+133.2%+151.2%+337.5%---
Other income1.360.550.2914.928.210.379.103.98
Total expenses253186265275135250110116
EBITDA41.0611376.7087.4665.6848.7236.6328.65
EBITDA margin+14.0%+37.7%+22.4%+24.1%+32.7%+16.3%+25.0%+19.8%
Depreciation2.082.370.1823.1119.730.2512.609.56
Interest22.0060.2222.4532.7830.7312.8316.4611.42
Profit before tax18.3450.7354.3646.4923.4336.0116.6711.65
Tax3.334.4410.3011.685.8913.944.243.17
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Revenue90437115460.1175.1478.6164.23
Revenue growth+143.7%+141.7%+155.4%-20.0%-4.4%+22.4%-
Other income40.407.852.340.722.830.530.64
Total expenses66129513655.3172.8670.5857.91
Employee cost26.6313.579.749.7013.0210.828.93
EBITDA24375.6317.414.802.288.036.32
EBITDA margin+26.9%+20.4%+11.3%+8.0%+3.0%+10.2%+9.8%
Depreciation72.4425.020.580.580.510.330.07
Interest10323.914.851.321.470.760.26
Profit before tax10834.5514.323.623.137.476.63
Tax27.549.503.300.500.982.032.26
Net profit80.4825.2811.023.122.155.444.37
Net profit margin+8.9%+6.8%+7.2%+5.2%+2.9%+6.9%+6.8%
EPS (₹)21.2520.5010.073.802.639.033,538.24
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Equity & liabilities
Share capital37.8712.2210.948.208.206.040.01
Reserves & surplus30619134.8526.5723.445.526.10
Shareholders' funds (net worth)34420445.7934.7731.6411.566.11
Secured loans93643435.901.990.000.270.34
Unsecured loans32313942.473.057.462.440.87
Total debt1,26057478.375.047.462.711.21
Total liabilities1,76392217042.7842.0014.727.58
Assets
Gross block64131752.012.402.261.610.83
Net block57126150.140.771.221.070.62
Capital work in progress1.936.840.000.000.000.000.00
Investments12413.963.810.462.430.460.46
Inventories9.1310.3260.2610.817.110.000.00
Sundry debtors21768.2529.2415.2521.7517.1613.99
Cash & bank balances32428510.788.756.802.201.26
Loans & advances50282.0136.6023.4423.8110.257.01
Total current assets1,05244613758.2559.4729.6122.26
Total current liabilities22573.1628.2118.6122.4017.6316.66
Net working capital82737310939.6437.0711.985.60
Total assets1,76392217042.7842.0014.727.58
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Opening cash1257.067.856.802.200.710.11
Net cash from operating activities(51.67)99.66(46.98)5.32(14.31)2.450.82
Net cash from investing activities(512)(665)(64.95)(0.63)(2.40)(0.72)(0.02)
Net cash from financing activities602683111(3.64)21.31(0.24)0.34
Net change in cash38.79118(0.79)1.054.601.491.14
Closing cash32428510.788.756.802.201.26
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Growth
Sales growth+143.7%+141.7%+155.4%-20.0%-4.4%+22.4%-
EBITDA growth+221.0%+334.4%+262.7%+110.5%-71.6%+27.1%-
PBT growth+212.7%+141.3%+295.6%+15.7%-58.1%+12.7%+297.0%
Net income growth+218.4%+129.4%+253.2%+45.1%-60.5%+24.5%-
Revenue CAGR (3Y)+146.8%+70.3%+25.0%-2.2%+7.0%+87.5%+185.9%
EBITDA CAGR (3Y)+269.8%+221.3%+29.4%-8.8%+10.7%+143.0%-
Profitability & leverage
Net income margin+8.9%+6.8%+7.2%+5.2%+2.9%+6.9%+6.8%
Return on capital employed+15.7%+10.7%+18.1%+11.7%+16.3%+73.9%+138.7%
Return on net worth+29.4%+20.1%+27.4%+9.4%+10.0%+61.7%+110.7%
Debt / equity3.352.611.040.190.240.220.20
Long-term debt / equity2.192.060.450.030.070.100.11
Interest cover60.2947.2428.8231.2883.059.874.16
Efficiency & per share
Fixed asset turnover1.892.015.6425.8038.8364.43139.63
Inventory turnover92.9610.514.326.7121.140.000.00
Debtors turnover6.357.616.903.253.865.056.46
EPS (₹)21.2520.5010.073.802.639.033,538.24
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)90.86166.5941.8642.4038.5819.134,963.47

To see the full year-wise statements and ratios of Gensol Engineering Limited, buy the company report.

Board of directors of Gensol Engineering Limited

Gensol Engineering has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Anmol Singh Jaggi
Also directs: Capbridge Venture LLP, Param Wise LLP, Param Renewables LLP and 5 more
Managing Director04 Jan 20197 Years 9 MonthsAs last reported
Puneet Singh Jaggi
Also directs: Capbridge Venture LLP, Param Wise LLP, Param Renewables LLP and 5 more
Whole-Time Director25 Sep 201214 Years 0 MonthsAs last reported
Ali Imran Naqvi
Also directs: Karinza Infra LLP, Sustaina Power Ventures Private Limited, Sunvestar Strategic Holdings Private Limited and 1 more
Director10 Jun 20242 Years 4 MonthsAs last reported
Vibhuti PatelDirector11 Jul 20233 Years 3 MonthsAs last reported
View all directors

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 35.90%, foreign institutional investors hold 4.90%, domestic institutional investors hold 1.50% and retail and other public shareholders hold 57.80%.

Promoters: 35.90%DII (Domestic Institutional): 1.50%FII (Foreign Institutional): 4.90%Retail & Others: 57.80%
Sep 2026
QUARTER
35.90% Promoters
1.50% DII (Domestic Institutional)
4.90% FII (Foreign Institutional)
57.80% Retail & Others
Promoter holding - history
Now 35.90% · Sep 2026High 62.60% · Mar 2026Low 35.90% · Jun 2026
34%41.5%49%56.5%64%Mar 2026Jun 2026Sep 2026Mar 2026: 62.60%Jun 2026: 35.90%Sep 2026: 35.90%62.60%35.90%35.90%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026
Promoters35.90%35.90%62.60%
Public64.10%64.10%37.40%

Charges & borrowings

Open charges
₹2,365 Cr
Satisfied charges
₹33.95 Cr
Breakdown by lending institutions
Others₹2,217.57 Cr
Hdfc Bank Limited₹78.88 Cr
Canara Bank₹30.00 Cr
Axis Bank Limited₹20.15 Cr
Bank of India₹18.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Jan 2025101035384Canara Bank₹30 CrOpen
04 Jan 2025101037575Bank of India₹18.4 CrOpen
24 Dec 2024101019915Others₹60 CrOpen
06 Dec 2024101018338Others₹1.1 CrOpen
14 Oct 2024100995921Others₹10 CrOpen

To see the full charge records of Gensol Engineering Limited, buy the company report.

Total charge records: 48 View all charges

Deals & funding

Gensol Engineering Limited has 47 deals on record (39 market trades, 3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹352.99 Cr; the latest was in September 2025.

Total deals
47
Market trades
39
Funding rounds
3
Secondary share transfers
3
IPO
1
Disclosed funding
₹352.99 Cr

Deals on record (5 of 47)

WhenDealAmountParties
Jul 2025Market trade₹1.03 CrSeller: Kshitij Portfolio Private Limited
Jun 2025Market trade₹2.12 CrBuyer: Multiplier Share and Stock Advisors Private Limited
May 2025Market trade₹2.35 CrBuyer: Neo Apex Venture LLP
Seller: Ra International
May 2025Market trade₹1.39 CrBuyer: Neo Apex Venture LLP
Seller: Neo Apex Venture LLP
May 2025Market trade₹3.68 CrSeller: Epitome Trading And Investments, Ashwin Stocks and Investment Private Limited

To see the full deal history of Gensol Engineering Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

Group structure & subsidiaries

Gensol Engineering has 7 subsidiary companies and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

7
Subsidiary companies
1
Associated companies
Key subsidiaries
Company NameCINShares held
Gensol Electric Vehicles Private LimitedU34100PN2022PTC212856
Gensol Green Energy Private LimitedU35105GJ2024PTC148319
Gensol Clean Energy Private LimitedU35105GJ2024PTC149488
Gensol Utilities Private LimitedU74120GJ2015FTC082558
Scorpius Trackers Private LimitedU74900PN2012PTC144942
Gensun Renewables Private LimitedU74999GJ2018PTC100798

To see the full group structure of Gensol Engineering Limited, buy the company report.

Employees & EPFO

Gensol Engineering Limited has a workforce of 229 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.

Employee count
229
Active EPFO establishments
1
Employee growth
10.1%

GST

Gensol Engineering has 10 GST registrations: 8 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
10
Active
8
Cancelled / inactive
2
GSTINStateStatusRegistered on
24AAECG9092M1Z3GujaratActive01 Jul 2017
24AAECG9092M2Z2GujaratActive01 Mar 2025
08AAECG9092M1ZXRajasthanActive01 Jul 2017
27AAECG9092M1ZXMaharashtraActive15 Dec 2017

To see the full GST registrations and return filing status of Gensol Engineering Limited, buy the company report.

Recent activity

Gensol Engineering Limited has 35 board changes on record since 2012: 19 appointments and 16 cessations. The latest: Ali Imran Naqvi ceased to be Director on 18 May 2025.

Ceased
Ali Imran Naqvi ceased to be Director.
Ceased
Jabirmahendi Mohammedraza Aga ceased to be CFO.
Ceased
Rajesh Kantilal Parmar ceased to be Company Secretary.
Ceased
Harsh Singh ceased to be Director.
Ceased
Kuljit Singh Popli ceased to be Director.
Ceased
Arun Menon ceased to be Director.
Ceased
Rajesh Jain ceased to be Director.
Appointed
Jabirmahendi Mohammedraza Aga was appointed as CFO.
Ceased
Ankit Jain ceased to be CFO.
Charges
A charge with Canara Bank amounted to Rs. 30.00 Cr with Charge ID 101035384 was registered on 09 Jan 2025.
Charges
A charge with Bank Of India amounted to Rs. 18.40 Cr with Charge ID 101037575 was registered on 04 Jan 2025.
Charges
A charge with Others amounted to Rs. 60.00 Cr with Charge ID 101019915 was registered on 24 Dec 2024.

81 earlier events are in the company report.

News

Frequently asked questions

Gensol Engineering is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.

Gensol Engineering is a company under insolvency, formerly operating as a public limited company based in Ahmedabad, Gujarat, India. The company works in power epc, within the energy and power industry. It was incorporated on 25 September 2012 and is registered under CIN L74210GJ2012PLC129176. Listed on BSE: 542851 and NSE: GENSOL. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Gensol Engineering reported revenue of ₹963.1 Cr for FY 2023-24 (up 142% YoY) based on consolidated financials.

Gensol Engineering has 4 current directors:

The latest financial statements of Gensol Engineering on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Gensol Engineering is L74210GJ2012PLC129176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Gensol Engineering is listed on both BSE (code: 542851) and NSE (symbol: GENSOL).

Gensol Engineering has open charges of ₹2,365 Cr and satisfied charges of ₹33.95 Cr as per latest MCA filings.

Gensol Engineering has 242 court cases on record: 12 filed by the company and 231 filed against it. 119 are pending. Most are in the district courts.

Gensol Engineering was incorporated on 25 September 2012. It is registered with the Registrar of Companies, Ahmedabad.