Gro Solar Energy Private Limited

Gro Solar Energy Private Limited - environment in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2017PTC298504 Incorporated 10 August 2017 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company environment MSME · Medium
Data last updated
Revenue · FY 2025
₹4.91 Cr
▲ 7% YoY
Net profit · FY 2025
₹27.37 Lakh
Net margin 5.6%
EBITDA · FY 2025
₹4.06 Cr
EBITDA margin 82.6%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹5.93 Cr
Issued & subscribed
Open charges
₹27.46 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings

About Gro Solar Energy Private Limited

Data last updated:

Gro Solar Energy Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 10 August 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC298504. Its GSTIN is 27AAGCG9605C1ZP (Maharashtra).

The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.93 Cr. It is led by directors Rajdeep Gulabsing Girase and Gulabsinh Jamsinh Girase.

Its last annual general meeting (AGM) was held on 06 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 701 7th Floor Bldg.No.4 Wimbledon Park 4 Pokharan – I Near Cadbury Thane West, Maharashtra, India – 400601.

As per the financials filed for FY 2025, the company reported a revenue of ₹4.91 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹27.37 Lakh (net margin 5.6%) and EBITDA of ₹4.06 Cr (EBITDA margin 82.6%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 138% over five years.

As per MCA filings, the company has open charges of ₹27.46 Cr on record.

Gro Solar Energy Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-09-0012807). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74999MH2017PTC298504
Registration Number 298504
Incorporation Date 10 August 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 06 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-09-0012807
Key People
Rajdeep Gulabsing Girase Director Gulabsinh Jamsinh Girase Director

Recognitions & Rankings of Gro Solar Energy

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-09-0012807

Contact details

Gro Solar Energy Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    701 7th Floor Bldg.No.4 Wimbledon Park 4 Pokharan – I Near Cadbury Thane West, Maharashtra, India – 400601
  • Industry
    Environment, Solar Energy Solutions

To see the full contact details of Gro Solar Energy Private Limited, buy the company report.

Comprehensive company report
Gro Solar Energy 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Gro Solar Energy 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 Gro Solar Energy Private Limited, buy the company report.

Financials of Gro Solar Energy Private Limited

FY 2025 filings available

Gro Solar Energy Private Limited reported revenue of ₹4.91 Cr (up 7% YoY) for FY 2025.

Revenue · FY 2025
₹4.91 Cr ▲ 7%
Net profit · FY 2025
₹27.37 Lakh margin 5.6%
EBITDA · FY 2025
₹4.06 Cr margin 82.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 14%
5 years · compounded
▲ 138%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 15%
5 years · compounded
▲ 169%

Revenue has grown at a compounded annual rate (CAGR) of 138% over five years, including 7% growth in the latest year. EBITDA rose 4% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹4.06 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹27.37 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin82.6%
Net Profit Margin5.6%
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

To see the full financial statements and ratios of Gro Solar Energy Private Limited, buy the company report.

Board of directors of Gro Solar Energy Private Limited

Gro Solar Energy has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajdeep Gulabsing Girase
Also directs: Geesun Renewables Private Limited, Girase Ventures Private Limited, Aaradhya Renewable Private Limited
Director10 Aug 20179 Years 3 MonthsCurrent
Gulabsinh Jamsinh Girase
Also directs: Geesun Renewables Private Limited, Infinity Emission Solutions India Private Limited, Girase Ventures Private Limited
Director10 Aug 20179 Years 3 MonthsCurrent
View all directors

Auditor

Gro Solar Energy Private Limited is audited by S. C. Bhate & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S. C. Bhate & AssociatesFY 2023139492W

Shareholding

The shareholding of Gro Solar Energy Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Gro Solar Energy Private Limited, buy the company report.

Charges & borrowings

Open charges
₹27.46 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹27.46 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Mar 2021100425244Others₹27.46 CrOpen

To see the full charge records of Gro Solar Energy Private Limited, buy the company report.

Total charge records: 1 View all charges

Credit ratings & regulatory alerts

Gro Solar Energy Private Limited was last rated by Care on 29 Jun 2022.

Rating agencyRated onRating
Care29 Jun 2022

To see the full credit ratings and regulatory alerts of Gro Solar Energy Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Gro Solar Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Gro Solar Energy has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Associated companies

GST

Gro Solar Energy has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAGCG9605C1ZPMaharashtraActive26 Dec 2018

To see the full GST registrations and return filing status of Gro Solar Energy Private Limited, buy the company report.

Recent activity

Gro Solar Energy Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Gulabsinh Jamsinh Girase was appointed as Director on 10 Aug 2017.

AGM
Gro Solar Energy Private Limited last Annual general meeting of members was held on 06 Aug 2025 as per latest MCA records.
Filing
Gro Solar Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 27.46 Cr registered on 10 Mar 2021 with Charge ID 100425244 was modified on 20 Oct 2021.
Charges
A charge with Others amounted to Rs. 27.46 Cr with Charge ID 100425244 was registered on 10 Mar 2021.
Appointed
Gulabsinh Jamsinh Girase was appointed as Director.
Appointed
Rajdeep Gulabsing Girase was appointed as Director.
Incorporation
10 Aug 2017
Gro Solar Energy Private Limited was registered on 10 Aug 2017 with Roc Mumbai & aged 9 years 3 months as per MCA records.

Frequently asked questions

Gro Solar Energy is an active private limited company based in Thane, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 10 August 2017 (9+ years old) and is registered under CIN U74999MH2017PTC298504.

Gro Solar Energy has 2 current directors:

The latest financial statements of Gro Solar Energy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 06 August 2025. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Gro Solar Energy is 27AAGCG9605C1ZP, registered in Maharashtra.

The CIN (Corporate Identification Number) of Gro Solar Energy is U74999MH2017PTC298504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Gro Solar Energy was incorporated on 10 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.

Gulabsinh Jamsinh Girase was appointed as Director on 10 Aug 2017. Rajdeep Gulabsing Girase was appointed as Director on 10 Aug 2017.

Yes, Gro Solar Energy is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-09-0012807).

The registered office of Gro Solar Energy is at 701 7th Floor Bldg.No.4 Wimbledon Park 4 Pokharan – I Near Cadbury Thane West, Maharashtra, India – 400601.

Gro Solar Energy operates in the environment industry, in the solar energy solutions segment.