
About Grinity Intellect Private Limited
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Grinity Intellect Private Limited is a private limited company based in Bhubaneswar, Odisha, India, recognised as a startup by DPIIT. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 12 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74999OR2017PTC027334. Its GSTIN is 21AAGCG9198N1ZY (Odisha).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sarojini Parida and Ashis Ranjan Parida.
Its last annual general meeting (AGM) was held on 30 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 300/2073 Shree Khetra Vihar Khandagiri Aiginia, Bhubaneswar, Odisha, India – 751019.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.03 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹7.19 Lakh (net margin 3.6%) and EBITDA of ₹17.73 Lakh (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 149% over three years and 24% over five years.
The company is associated with 1 brand: Grinity. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grinity.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No 300/2073 Shree Khetra Vihar Khandagiri Aiginia, Bhubaneswar, Odisha, India – 751019
- IndustryEnvironment, Solar Energy Solutions
- 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
Business Activity of Grinity Intellect Private Limited
The main business activity of Grinity Intellect is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Grinity Intellect Private Limited FY 2025 filings available
Grinity Intellect Private Limited reported revenue of ₹2.03 Cr (down 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Grinity Intellect Private Limited
Revenue fell 37% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA rose 104% 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 Grinity Intellect Private Limited
| 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 | ₹17.73 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.19 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 of Grinity Intellect Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.6% | •••• | •••• | •••• | •••• |
| 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 Grinity Intellect are in the company report.
Financial statements from FY 2018
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.
Peer Comparison of Grinity Intellect Private Limited
Grinity Intellect Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Solar Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Talf Green Energy Private Limited | ₹2.06 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Delhi, India |
| Sunfree Energy Private Limited | ₹2.06 Cr (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Sprouts Energy Private Limited | ₹2.04 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Hyderabad, Telangana, India |
| Trenex Energy Private Limited | ₹2.03 Cr (FY 2024) | •••• | •••• | 402.0% | •••• | Nashik, Maharashtra, India |
| Sunrange Solar Private Limited | ₹2.03 Cr (FY 2025) | •••• | •••• | 3264.0% | •••• | Mumbai, Maharashtra, India |
| Grinity Intellect Private Limited this company | ₹2.03 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Bhubaneswar, Odisha, India |
| Veh Wind Energy Private Limited | ₹2.01 Cr (FY 2025) | •••• | •••• | 111.0% | •••• | Hyderabad, Telangana, India |
| Radiance MH Sunrise Six Private Limited | ₹2 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Sael Solar P4 Private Limited | ₹2 Cr (FY 2025) | •••• | •••• | 9005.0% | •••• | Jalalabad, Punjab, India |
| Amson Power Private Limited | ₹2 Cr (FY 2023) | •••• | •••• | -8.0% | •••• | Chennai, Tamil Nadu, India |
| Kumble Solar Energy Solutions Private Limited | ₹2 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Mangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Grinity Intellect by revenue in the Cleantech industry (Solar Power), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Grinity Intellect Private Limited
Grinity Intellect Private Limited is audited by P B S D & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P B S D & 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 Grinity Intellect Private Limited
Grinity Intellect has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarojini Parida | Director | 12 Jul 2017 | 9 Years 3 Months | Current |
| Ashis Ranjan Parida | Director | 12 Jul 2017 | 9 Years 3 Months | Current |
Ownership and Shareholding of Grinity Intellect Private 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 Grinity Intellect Private Limited
Grinity Intellect Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Grinity Intellect Private Limited
Grinity Intellect Private Limited has 6 court cases on record: 1 filed by Grinity Intellect, 5 filed against it. 4 cases are pending and 2 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 4 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Lendingkart Finance Limited | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Dhani Loans and Services Limited | Disposed |
| District court, Mandi, Himachal Pradesh | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, Mandi, Himachal Pradesh | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, Khurda, Odisha | Civil suit | Filed by the company against Ridhi Crane Services | Pending |
Full case history
All 6 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.
Associated Brands with Grinity Intellect Private Limited
Grinity Intellect operates one associated brand: Grinity. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides solar project development, consulting, EV charging, and maintenance services. | grinity.in |
Employees and EPFO Compliance at Grinity Intellect Private Limited
Employment history and EPFO contributions of people linked to Grinity Intellect.
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 Grinity Intellect Private Limited
Grinity Intellect Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Ashis Ranjan Parida was appointed as Director on 12 Jul 2017.
Credit Ratings, Litigation & Regulatory Alerts for Grinity Intellect Private 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 Grinity Intellect Private 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 Grinity Intellect Private 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 Grinity Intellect Private Limited
Grinity Intellect has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAGCG9198N1ZY | Odisha | Active | 14 Sep 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 Grinity Intellect Private 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 Grinity Intellect Private Limited
Grinity Intellect is an active private limited company based in Bhubaneswar, Odisha, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 12 July 2017 (9+ years old) and is registered under CIN U74999OR2017PTC027334.
Grinity Intellect reported revenue of ₹2.03 Cr for FY 2025 (down 37% YoY).
Grinity Intellect has 2 current directors:
- Sarojini Parida - Director
- Ashis Ranjan Parida - Director
Grinity Intellect reported a net profit of ₹7.19 Lakh (net margin 3.6%) and EBITDA of ₹17.73 Lakh (EBITDA margin 8.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Grinity Intellect is 149% over three years and 24% over five years. In the latest year (FY 2025) revenue fell 37%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Grinity Intellect is 21AAGCG9198N1ZY, registered in Odisha.
The CIN (Corporate Identification Number) of Grinity Intellect is U74999OR2017PTC027334. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grinity Intellect has 6 court cases on record: 1 filed by the company and 5 filed against it. 4 are pending.
Grinity Intellect was incorporated on 12 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Grinity Intellect by revenue are Talf Green Energy Private Limited, Sunfree Energy Private Limited, Sprouts Energy Private Limited, Trenex Energy Private Limited, Sunrange Solar Private Limited and 5 more, all in the Cleantech industry (Solar Power).
Ashis Ranjan Parida was appointed as Director on 12 Jul 2017. Sarojini Parida was appointed as Director on 12 Jul 2017.