Gosolar Ventures Private Limited

Gosolar Ventures Private Limited - consumer electronics & durables in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U74120GJ2015PTC082813 Incorporated 06 April 2015 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company consumer electronics and durables MSME · Small
Data last updated
Revenue · FY 2022
₹8.07 Cr
▼ 16% YoY
Net loss · FY 2022
₹7.49 Cr
Net margin -92.8%
EBITDA · FY 2022
-₹6.98 Cr
EBITDA margin -86.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.25 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
Active GSTINs
2
GST registered

About Gosolar Ventures Private Limited

Data last updated:

Gosolar Ventures Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 06 April 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74120GJ2015PTC082813. Its GSTIN is 24AAFCG9503J1ZK (Gujarat). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.25 Lakh. It is led by directors Upendra Singh and Anmol Singh Jaggi.

Its last annual general meeting (AGM) was held on 29 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Ahmedabad, Gujarat.

As per the financials filed for FY 2022, the company reported a revenue of ₹8.07 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹7.49 Cr (net margin -92.8%) and EBITDA of -₹6.98 Cr (EBITDA margin -86.6%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 125% over five years.

The company is associated with 2 brands: Ezysolare and Gensol. Court records list 11 cases involving the company, including 11 filed against it; 5 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹1.2 Cr; the latest was in July 2015.

Gosolar Ventures Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0056159). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gensol.in.

Company details

CIN U74120GJ2015PTC082813
Registration Number 082813
Incorporation Date 06 April 2015
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0056159
Key People
Upendra Singh Director Anmol Singh Jaggi Director

Recognitions & Rankings of Gosolar Ventures

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0056159

Contact details

Gosolar Ventures Private Limited's registered office is in Ahmedabad, Gujarat. Its website is gensol.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    gensol.in
  • Social Media
  • Registered Address
    C – 204 Siddhivinayak Tower – C, B/H. Dcp Office Off. S G Highway Makarba, Ahmedabad, Gujarat, India – 380051
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing

To see the full contact details of Gosolar Ventures Private Limited, buy the company report.

Comprehensive company report
Gosolar Ventures 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

Gosolar Ventures operates two associated brands: Ezysolare and Gensol. Each brand links to its own profile.

BrandDescriptionWebsite
Ezysolare
Online B2B solar marketplace and service providerezysolare.com
Gensol
Provider of solar advisory and execution servicesgensol.in

Business activity

The main business activity of Gosolar Ventures is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Gosolar Ventures Private Limited, buy the company report.

Financials of Gosolar Ventures Private Limited

FY 2022 filings available

Gosolar Ventures Private Limited reported revenue of ₹8.07 Cr (down 16% YoY) for FY 2022.

Revenue · FY 2022
₹8.07 Cr ▼ 16%
Net loss · FY 2022
₹7.49 Cr margin -92.8%
EBITDA · FY 2022
-₹6.98 Cr margin -86.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 49%
5 years · compounded
▲ 125%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▼ 452%
5 years · compounded
▼ 41%

Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 125%. EBITDA rose 12% 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations₹8.07 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹6.98 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹7.49 Cr
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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin-86.6%
Net Profit Margin-92.8%
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 Gosolar Ventures Private Limited, buy the company report.

Board of directors of Gosolar Ventures Private Limited

Gosolar Ventures has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Upendra Singh
Also directs: Gastrade and Energies Private Limited
Director11 Aug 20224 Years 3 MonthsCurrent
Anmol Singh Jaggi
Also directs: Capbridge Venture LLP, Param Wise LLP, Param Renewables LLP and 5 more
Director06 Apr 201511 Years 7 MonthsCurrent
View all directors

Auditor

Gosolar Ventures Private Limited is audited by KAMLESH BHOJANI & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
KAMLESH BHOJANI & ASSOCIATESFY 2022119808

Shareholding

The shareholding of Gosolar Ventures Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Gosolar Ventures Private Limited, buy the company report.

Deals & funding

Gosolar Ventures Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹1.2 Cr; the latest was in July 2015.

Total deals
1
Funding round
1
Disclosed funding
₹1.2 Cr

Deals on record (1 of 1)

WhenDealAmountParties
Jul 2015Funding round₹1.2 CrInvestors: Infuse Ventures, 2 individuals

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 Gosolar Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Gosolar Ventures has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
24AAFCG9503J1ZKGujaratActive01 Jul 2017
27AAFCG9503J1ZEMaharashtraActive15 Nov 2022

To see the full GST registrations and return filing status of Gosolar Ventures Private Limited, buy the company report.

Recent activity

Gosolar Ventures Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Upendra Singh ceased to be Additional Director on 29 Sep 2022.

AGM
Gosolar Ventures Private Limited last Annual general meeting of members was held on 29 Sep 2022 as per latest MCA records.
Ceased
Upendra Singh ceased to be Additional Director.
Ceased
Puneet Singh Jaggi ceased to be Director.
Appointed
Upendra Singh was appointed as Director.
Filing
Gosolar Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.
Appointed
Anmol Singh Jaggi was appointed as Director.
Incorporation
06 Apr 2015
Gosolar Ventures Private Limited was registered on 06 Apr 2015 with Roc Ahmedabad & aged 11 years 7 months as per MCA records.

News

Frequently asked questions

Gosolar Ventures is an active private limited company based in Ahmedabad, Gujarat, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 06 April 2015 (11+ years old) and is registered under CIN U74120GJ2015PTC082813.

Gosolar Ventures has 2 current directors:

The latest financial statements of Gosolar Ventures on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 29 September 2022. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Gosolar Ventures is 24AAFCG9503J1ZK, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAFCG9503J1ZE (Maharashtra).

The CIN (Corporate Identification Number) of Gosolar Ventures is U74120GJ2015PTC082813. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Gosolar Ventures has 11 court cases on record: 11 filed against it. 5 are pending. Most are in the nclat.

Gosolar Ventures was incorporated on 06 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Gosolar Ventures has 1 deal on record (1 funding round), with disclosed funding of ₹1.2 Cr; the latest was in July 2015.

Upendra Singh ceased to be Additional Director on 29 Sep 2022. Puneet Singh Jaggi ceased to be Director on 11 Aug 2022. Upendra Singh was appointed as Director on 11 Aug 2022. Gosolar Ventures has 4 board changes on record in total.

Yes, Gosolar Ventures is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0056159).