About Greensole Foundation
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Greensole Foundation is a private not for profit company based in Badgaon, Rajasthan, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 22 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U74999RJ2016NPL055290. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ramesh Shipe Dhami and Rishi Suresh Bhasin.
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 Office No. 2 Khasra 1691/104, Eklingji Badgaon, Rajasthan, India – 313011.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.57 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹67.27 Lakh (net margin -10.2%) and EBITDA of -₹66.7 Lakh (EBITDA margin -10.2%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 25% over five years.
The company is associated with 1 brand: Greensole.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website greensole.com.
Company details
Contact details
Greensole Foundation's registered office is in Badgaon, Rajasthan. Its website is greensole.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 2 Khasra 1691/104, Eklingji Badgaon, Rajasthan, India – 313011
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Greensole Foundation, 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
Brands
Greensole Foundation operates one associated brand: Greensole. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sustainable footwear is designed and retailed using recycled materials. | greensole.com |
Business activity
The main business activity of Greensole Foundation is personal and household service. In detail, this covers other personal service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S4 | Other Personal service activities |
To see the full business activity and turnover split of Greensole Foundation, buy the company report.
Financials of Greensole Foundation
FY 2025 filings availableGreensole Foundation reported revenue of ₹6.57 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. 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 |
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| EBITDA | -₹66.7 Lakh | ||||
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| Net Profit (PAT) | -₹67.27 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -10.2% | ||||
| Net Profit Margin | -10.2% | ||||
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To see the full financial statements and ratios of Greensole Foundation, buy the company report.
Board of directors of Greensole Foundation
Greensole Foundation has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Shipe Dhami | Director | 22 Jun 2016 | 10 Years 4 Months | Current |
| Rishi Suresh Bhasin Also directs: Greensole Footwear Private Limited, Ram Fashion Exports Private Limited, Rivalife Care Private Limited and 1 more | Director | 22 Jun 2016 | 10 Years 4 Months | Current |
| Shriyans Bhandari Also directs: Greensole Footwear Private Limited, Enerxa Power Charging Mobility Private Limited, Heritage Future Private Limited and 2 more | Director | 22 Jun 2016 | 10 Years 4 Months | Current |
| Nitesh Naresh Bhasin Also directs: Greensole Footwear Private Limited, Ram Fashion Exports Private Limited, Rivalife Care Private Limited and 1 more | Director | 22 Jun 2016 | 10 Years 4 Months | Current |
Shareholding
The shareholding of Greensole Foundation is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Greensole Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Greensole Foundation 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 Greensole Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Greensole Foundation has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Greensole Foundation, buy the company report.
Recent activity
Greensole Foundation has 4 board changes on record since 2016: 4 appointments. The latest: Nitesh Naresh Bhasin was appointed as Director on 22 Jun 2016.
Frequently asked questions
Greensole Foundation is an active private not for profit company based in Badgaon, Rajasthan, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 22 June 2016 (10+ years old) and is registered under CIN U74999RJ2016NPL055290.
Greensole Foundation has 4 current directors:
- Ramesh Shipe Dhami - Director
- Rishi Suresh Bhasin - Director
- Shriyans Bhandari - Director
- Nitesh Naresh Bhasin - Director
The latest financial statements of Greensole Foundation 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 2017 are in the company report.
No. Greensole Foundation has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Greensole Foundation is U74999RJ2016NPL055290. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Greensole Foundation was incorporated on 22 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Jaipur.
Nitesh Naresh Bhasin was appointed as Director on 22 Jun 2016. Ramesh Shipe Dhami was appointed as Director on 22 Jun 2016. Rishi Suresh Bhasin was appointed as Director on 22 Jun 2016. Greensole Foundation has 4 board changes on record in total.
Greensole Foundation can be reached through the website greensole.com. Its registered office is in Badgaon, Rajasthan, India.
The registered office of Greensole Foundation is at Office No. 2 Khasra 1691104, Eklingji Badgaon, Rajasthan, India – 313011.
Greensole Foundation operates in the consumer goods industry, in the footwear manufacturing segment.
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