About Gridfree Solar Energy Limited
Data last updated: 11 January 2026
Gridfree Solar Energy Limited is a public limited company based in Bhilwara, Rajasthan, India, recognised as a startup by DPIIT. It specialises in power epc, a part of the broader energy and power sector. Incorporated on 13 February 2018, the company has been in operation for over 8 years.
Registered with ROC Jaipur under CIN U40108RJ2018PLC060220.
Capital: an authorised share capital of ₹8 Cr and a paid-up capital of ₹5.53 Cr. It is led by directors including Chitwan Agarwal and Chitra Naraniwal.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Ground Floor – G – 198 To 200 Riico 4Th Phase, Bhilwara, Rajasthan, India – 311001.
As per the financials filed for FY 2025, the company reported a revenue of ₹101.44 Cr, a decline of 31% compared to the previous year.
The company has a workforce of approximately 10 employees as per the latest available data.
The company is associated with 1 brand - Gridfree Solar Energy. As per MCA filings, the company has open charges of ₹43.31 Cr and satisfied charges of ₹12.5 Cr on record.
For more details, the company can be reached via its website gridfreesolarenergy.com.
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Registered AddressGround Floor – G – 198 To 200 Riico 4Th Phase, Bhilwara, Rajasthan, India – 311001
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IndustryEnergy and Power, Power EPC, BoP & BTG Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Gridfree Solar Energy Limited
Gridfree Solar Energy Limited operates one associated brand: Gridfree Solar Energy. These brands represent Gridfree Solar Energy Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offers solar panels, EPC, and storage for B2B and B2C clients in India. | gridfreesolarenergy.com |
Competitors & Alternatives of Gridfree Solar Energy Limited
Brands and companies operating in the same space as Gridfree Solar Energy Limited include SolarSquare, Oorjan, ZunRoof and 2 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
SolarSquare
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Provider of solar panel installation services | Mumbai, India, India | 2015 |
Oorjan
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Solar project financing and development | Mumbai, India, India | 2014 |
ZunRoof
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Provider of solar panel installation and O&M services | Gurugram, India, India | 2016 |
Krivi Energy
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Solar energy solutions including installations, assessments, and financing are provided. | Mumbai, India, India | 2013 |
Onergy
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Solar design, engineering, manufacturing, installation, and consultancy services are provided. | Kolkata, India, India | 2009 |
Business Activity of Gridfree Solar Energy Limited
Gridfree Solar Energy Limited is engaged in the principal business activity of trade, with detailed activities including retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details for Gridfree Solar Energy Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Gridfree Solar Energy Limited
Gridfree Solar Energy Limited is audited by Goyal D. Kumar & Co. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Goyal D. Kumar & Co. | Locked | Locked | Locked |
Complete auditor history for Gridfree Solar Energy Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Gridfree Solar Energy Limited
Gridfree Solar Energy Limited is currently managed by 5 directors, with 11 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Chitwan Agarwal
Also directs:
Gomur Fabrics Private Limited, Aravali Hotel And Resort Limited, Samsiddhi Resorts Private Limited and 1 more
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Whole-Time Director | 13 Feb 2018 | 8 Years 5 Months | Current |
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Chitra Naraniwal
Also directs:
Bhilwara Spinners Limited, Atvo Enterprises Limited, Elfin Agro India Limited and 1 more
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Director | 11 Mar 2025 | 1 Years 4 Months | Current |
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Chaitanya Agarwal
Also directs:
Aravali Hotel And Resort Limited, Gomur Investment Advisory Private Limited, Suraj Universal Limited and 1 more
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Director | 24 Nov 2020 | 5 Years 8 Months | Current |
| Kirti Agarwal | Director | 11 Mar 2025 | 1 Years 4 Months | Current |
| Vatsal Agarwal | Director | 03 May 2025 | 1 Years 2 Months | Current |
Financials of Gridfree Solar Energy Limited FY 2025 filings available
Gridfree Solar Energy Limited reported revenue of ₹101.44 Cr (down 31.00% YoY) for FY 2025.
Ten-year financial statements for Gridfree Solar Energy Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Gridfree Solar Energy Limited
Shareholding and ownership data for Gridfree Solar Energy Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Gridfree Solar Energy Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Apr 2025 | Others | ₹2.84 Cr | Open |
| 19 Mar 2025 | Others | ₹3.5 Cr | Open |
| 24 Oct 2024 | Others | ₹3.43 Cr | Open |
| 20 Sep 2023 | Others | ₹3 Cr | Open |
| 25 May 2023 | Hdfc Bank Limited | ₹34.83 Lakh | Open |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Gridfree Solar Energy Limited
Gridfree Solar Energy Limited has a workforce of 10 employees as of Apr 10, 2024.
Employee and EPFO history for Gridfree Solar Energy Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Gridfree Solar Energy Limited
GST registrations and filing compliance for Gridfree Solar Energy Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Gridfree Solar Energy Limited
Credit ratings, litigation, and regulatory alerts for Gridfree Solar Energy Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- 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 Gridfree Solar Energy Limited
MSME payment history for Gridfree Solar Energy Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Gridfree Solar Energy Limited
Corporate group structure for Gridfree Solar Energy Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Gridfree Solar Energy Limited
MCA filings and documents for Gridfree Solar Energy Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Gridfree Solar Energy Limited
Frequently Asked Questions about Gridfree Solar Energy Limited
Gridfree Solar Energy Limited is an active public limited company in the energy and power sector based in Bhilwara, Rajasthan, India. It was incorporated on 13 February 2018 (8+ years old) and is registered under CIN U40108RJ2018PLC060220. The company has 10 employees.
Gridfree Solar Energy Limited reported revenue of ₹101.44 Cr for FY 2025 (down 31.00% YoY).
The current directors of Gridfree Solar Energy Limited are:
- Chitwan Agarwal - Whole-Time Director
- Chitra Naraniwal - Director
- Chaitanya Agarwal - Director
- Kirti Agarwal - Director
- Vatsal Agarwal - Director
The primary industry of Gridfree Solar Energy Limited is energy and power. The company specifically operates in power epc. The company is currently active in this sector.
Yes, Gridfree Solar Energy Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Gridfree Solar Energy Limited can be reached at the registered office: Ground Floor – G – 198 To 200 Riico 4Th Phase, Bhilwara, Rajasthan, India – 311001, or through the website gridfreesolarenergy.com.