About Go Solar Grid Limited
Data last updated:
Go Solar Grid Limited is a public limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 08 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U29221AP2014PLC095029. Its GSTIN is 37AAFCG6936M3ZY (Andhra Pradesh). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Peddarapu Ravikumar and Chandra Sekhar Rao Kodali.
Its last annual general meeting (AGM) was held on 28 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 10 – 1 – 9/1 Flat No. B – 5 Akruthi Apartment Sampat Vinayaka Temple Road, Visakhapatnam, Andhra Pradesh, India – 530016.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.61 Cr, a decline of 75% compared to the previous year. For the same year it recorded a net profit of ₹1.78 Lakh (net margin 1.1%) and EBITDA of ₹14.52 Lakh (EBITDA margin 9%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 30% over five years.
As per MCA filings, the company has open charges of ₹75 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gosolargrids.com.
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- Registered Address10 – 1 – 9/1 Flat No. B – 5 Akruthi Apartment Sampat Vinayaka Temple Road, Visakhapatnam, Andhra Pradesh, India – 530016
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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
- One PDF report, delivered after checkout
Financials of Go Solar Grid Limited FY 2022 filings available
Go Solar Grid Limited reported revenue of ₹1.61 Cr (down 75% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Go Solar Grid Limited
Revenue fell 75% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 30%. EBITDA fell 31% 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 of Go Solar Grid Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.61 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹14.52 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.78 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Go Solar Grid Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Go Solar Grid are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Go Solar Grid Limited
Go Solar Grid Limited is audited by PABBARAJU & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PABBARAJU & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Go Solar Grid Limited
Go Solar Grid has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Peddarapu Ravikumar | Director | 08 Sep 2023 | 3 Years 1 Months | Current |
| Chandra Sekhar Rao Kodali | Director | 08 Aug 2014 | 12 Years 2 Months | Current |
| Kodali Laila | Director | 08 Aug 2014 | 12 Years 2 Months | Current |
Ownership and Shareholding of Go Solar Grid Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Go Solar Grid Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Mar 2018 | Others | ₹75 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Go Solar Grid Limited
Go Solar Grid Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 28 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Go Solar Grid Limited
Employment history and EPFO contributions of people linked to Go Solar Grid.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Go Solar Grid Limited
Go Solar Grid Limited has 8 board changes on record since 2014: 3 appointments and 5 cessations. The latest: Peddarapu Ravikumar was appointed as Director on 08 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Go Solar Grid Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Go Solar Grid Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Go Solar Grid Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Go Solar Grid Limited
Go Solar Grid has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAFCG6936M3ZY | Andhra Pradesh | Active | 19 Jul 2017 |
| 36AAFCG6936M1Z2 | Telangana | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Go Solar Grid Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Go Solar Grid Limited
Go Solar Grid is an active public limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 08 August 2014 (12+ years old) and is registered under CIN U29221AP2014PLC095029.
Go Solar Grid reported revenue of ₹1.61 Cr for FY 2020 (down 75% YoY).
Go Solar Grid has 3 current directors:
- Peddarapu Ravikumar - Director
- Chandra Sekhar Rao Kodali - Director
- Kodali Laila - Director
Go Solar Grid reported a net profit of ₹1.78 Lakh (net margin 1.1%) and EBITDA of ₹14.52 Lakh (EBITDA margin 9%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Go Solar Grid is -51% over three years and 30% over five years. In the latest year (FY 2020) revenue fell 75%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Go Solar Grid is 37AAFCG6936M3ZY, registered in Andhra Pradesh. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 36AAFCG6936M1Z2 (Telangana).
The CIN (Corporate Identification Number) of Go Solar Grid is U29221AP2014PLC095029. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Go Solar Grid has 1 court case on record: 1 filed against it.
Go Solar Grid was incorporated on 08 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Vijayawada.
Peddarapu Ravikumar was appointed as Director on 08 Sep 2023. Srikanth Chowdary Kodali ceased to be Director on 08 Sep 2023. Achanta Bapaiah Chowdary ceased to be Director on 10 Mar 2016. Go Solar Grid has 8 board changes on record in total.