- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0143310

About Greenlance Energy Private Limited
Data last updated:
Greenlance Energy Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 15 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2020PTC340642. Its GSTIN is 27AAICG3382Q1ZW (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors including Yomesh Narayan Rao and Girish Panjwani.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹3 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹55.46 Lakh (net margin -18.5%) and EBITDA of ₹1.22 Cr (EBITDA margin 40.7%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years.
As per MCA filings, the company has open charges of ₹6.03 Cr on record. The company has 5 deals on record (2 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.9 Cr; the latest was in June 2022.
Greenlance Energy Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0143310). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website greenlance.energy.
Company details
Recognitions & Rankings of Greenlance Energy
Contact details
Greenlance Energy Private Limited's registered office is in Mumbai, Maharashtra. Its website is greenlance.energy. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 424 4th Floor Ijmima Complex, Off Link Road Malad West, Mumbai, Maharashtra, India – 400064
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Greenlance Energy Private Limited, buy the company report.
- 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
Business activity
The main business activity of Greenlance Energy is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Greenlance Energy Private Limited, buy the company report.
Financials of Greenlance Energy Private Limited
FY 2025 filings availableGreenlance Energy Private Limited reported revenue of ₹3 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 32%. EBITDA fell 10% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹55.46 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 40.7% | ||||
| Net Profit Margin | -18.5% | ||||
| 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 Greenlance Energy Private Limited, buy the company report.
Board of directors of Greenlance Energy Private Limited
Greenlance Energy has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yomesh Narayan Rao | Director | 29 Oct 2020 | 6 Years 0 Months | Current |
| Girish Panjwani | Director | 15 Jun 2020 | 6 Years 4 Months | Current |
| Munish Sunder Panjwani | Director | 29 Oct 2020 | 6 Years 0 Months | Current |
| Atharva Girish Panjwani Also directs: Greenlance Renewable Power (3) Private Limited | Additional Director | 23 Jan 2026 | 0 Years 9 Months | Current |
Auditor
Greenlance Energy Private Limited is audited by VASANI & THAKKAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VASANI & THAKKAR | FY 2023 | 111296W |
Shareholding
The shareholding of Greenlance Energy Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Greenlance Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Mar 2025 | 101057906 | Others | ₹4.15 Cr | Open | |
| 30 Jun 2023 | 100750418 | Tata Cleantech Capital Limited | ₹1.88 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Greenlance Energy Private Limited has 5 deals on record (2 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.9 Cr; the latest was in June 2022.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2022 | Funding round | ₹1.5 Cr | Investors: 4 individuals |
| Apr 2022 | Funding round | ₹40 Lakh | Investors: 4 individuals |
| Oct 2021 | Rights issue | ₹30 Lakh | Investors: 4 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Jul 2020 | Rights issue | ₹5.7 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Greenlance 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 Greenlance Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Greenlance Energy Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Greenlance Energy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICG3382Q1ZW | Maharashtra | Active | 16 Jul 2020 |
To see the full GST registrations and return filing status of Greenlance Energy Private Limited, buy the company report.
Recent activity
Greenlance Energy Private Limited has 8 board changes on record since 2020: 4 appointments and 4 cessations. The latest: Atharva Girish Panjwani was appointed as Additional Director on 23 Jan 2026.
1 earlier event is in the company report.
Frequently asked questions
Greenlance Energy is an active private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 15 June 2020 (6+ years old) and is registered under CIN U74999MH2020PTC340642.
Greenlance Energy has 4 current directors:
- Yomesh Narayan Rao - Director
- Girish Panjwani - Director
- Munish Sunder Panjwani - Director
- Atharva Girish Panjwani - Additional Director
The latest financial statements of Greenlance 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 2021 are in the company report.
The GSTIN of Greenlance Energy is 27AAICG3382Q1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Greenlance Energy is U74999MH2020PTC340642. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Greenlance Energy was incorporated on 15 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Greenlance Energy has 5 deals on record (2 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.9 Cr; the latest was in June 2022.
Atharva Girish Panjwani was appointed as Additional Director on 23 Jan 2026. Munish Sunder Panjwani ceased to be Additional Director on 02 Sep 2021. Yomesh Narayan Rao ceased to be Additional Director on 02 Sep 2021. Greenlance Energy has 8 board changes on record in total.
Yes, Greenlance Energy is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0143310).
Greenlance Energy can be reached through the website greenlance.energy. Its registered office is in Mumbai, Maharashtra, India.

