DPIIT recognised startup Government of India
Startup India
Gse Renewables India Private Limited - environment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹43.02 Cr
▼ 13% YoY
Net profit · FY 2025
₹3.3 Cr
Net margin 7.7%
EBITDA · FY 2025
₹6.64 Cr
EBITDA margin 15.4%
Authorised capital
₹2.11 Cr
Registered with MCA
Paid-up capital
₹2.01 Cr
Issued & subscribed
Open charges
₹2.9 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Gse Renewables India Private Limited
Data last updated:
Gse Renewables India Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the clean energy solutions segment of the environmental services sector. It was incorporated on 28 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40300MH2019PTC320242. Its GSTIN is 27AAHCG6595N1ZQ (Maharashtra).
The company has an authorised share capital of ₹2.11 Cr and a paid-up capital of ₹2.01 Cr. It is led by directors Sahil Ajay Kejriwal and Ajay Banwarilal Kejriwal.
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 Gala No.1 Hitex Industrial Estate Nr.G Shoe Company Dahisar (East), Mumbai, Maharashtra, India – 400068.
As per the financials filed for FY 2025, the company reported a revenue of ₹43.02 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹3.3 Cr (net margin 7.7%) and EBITDA of ₹6.64 Cr (EBITDA margin 15.4%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 54% over five years.
The company is associated with 1 brand: GSER. As per MCA filings, the company has open charges of ₹2.9 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Gse Renewables India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0118909). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gserenewables.com.
Company details
CIN U40300MH2019PTC320242
Registration Number 320242
Incorporation Date 28 January 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-18-0118909
Recognitions & Rankings of Gse Renewables India
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0118909
Contact details
Gse Renewables India Private Limited's registered office is in Mumbai, Maharashtra. Its website is gserenewables.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGala No.1 Hitex Industrial Estate Nr.G Shoe Company Dahisar (East), Mumbai, Maharashtra, India – 400068
- IndustryEnvironment, Clean Energy Solutions
To see the full contact details of Gse Renewables India Private Limited, buy the company report.
Comprehensive company report
Gse Renewables India 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
Brands
Gse Renewables India operates one associated brand: GSER. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers solar installation, asset management, and financing services to organizations. | gserenewables.com |
Business activity
The main business activity of Gse Renewables India is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Gse Renewables India Private Limited, buy the company report.
Financials of Gse Renewables India Private Limited
FY 2025 filings availableGse Renewables India Private Limited reported revenue of ₹43.02 Cr (down 13% YoY) for FY 2025.
Revenue · FY 2025
₹43.02 Cr ▼ 13%
Net profit · FY 2025
₹3.3 Cr margin 7.7%
EBITDA · FY 2025
₹6.64 Cr margin 15.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 55%
5 years · compounded
▲ 54%
EBITDA CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 46%
5 years · compounded
▲ 53%
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 54%. EBITDA rose 35% 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 | ₹6.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.3 Cr | ||||
| 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 | 15.4% | ||||
| Net Profit Margin | 7.7% | ||||
| 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 Gse Renewables India Private Limited, buy the company report.
Board of directors of Gse Renewables India Private Limited
Gse Renewables India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sahil Ajay Kejriwal Also directs: Gser Solar Projects Private Limited, Gser Renewables Cleantech Private Limited, Jeeson Builders Pvt Ltd and 5 more | Director | 28 Jan 2019 | 7 Years 9 Months | Current |
| Ajay Banwarilal Kejriwal Also directs: Gser Solar Projects Private Limited, Gser Renewables Cleantech Private Limited, Jeeson Builders Pvt Ltd and 1 more | Director | 28 Jan 2019 | 7 Years 9 Months | Current |
Auditor
Gse Renewables India Private Limited is audited by N R AGRAWAL & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N R AGRAWAL & CO | FY 2022 | 100143W |
Shareholding
The shareholding of Gse Renewables India Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Gse Renewables India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.9 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Feb 2022 | 100554051 | State Bank of India | ₹2.9 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Gse Renewables India Private Limited has 1 court case on record: 1 filed by Gse Renewables India. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmednagar, Maharashtra | Civil suit | Filed by the company against The State of Maharashtra and 7 others | Pending |
To see the full case history of Gse Renewables India Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gse Renewables India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gse Renewables India Private Limited has 1 active EPFO establishment as of May 04, 2024.
Active EPFO establishments
1
GST
Gse Renewables India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCG6595N1ZQ | Maharashtra | Active | 26 Apr 2019 |
To see the full GST registrations and return filing status of Gse Renewables India Private Limited, buy the company report.
Recent activity
Gse Renewables India Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Ajay Banwarilal Kejriwal was appointed as Director on 28 Jan 2019.
AGM
Gse Renewables India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Gse Renewables India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with State Bank Of India amounted to Rs. 2.90 Cr with Charge ID 100554051 was registered on 05 Feb 2022.
Appointed
Ajay Banwarilal Kejriwal was appointed as Director.
Appointed
Sahil Ajay Kejriwal was appointed as Director.
Incorporation
28 Jan 2019
Gse Renewables India Private Limited was registered on 28 Jan 2019 with Roc Mumbai I & aged 7 years 9 months as per MCA records.
Frequently asked questions
Gse Renewables India is an active private limited company based in Mumbai, Maharashtra, India. The company works in clean energy solutions, within the environment industry. It was incorporated on 28 January 2019 (7+ years old) and is registered under CIN U40300MH2019PTC320242.
Gse Renewables India has 2 current directors:
- Sahil Ajay Kejriwal - Director
- Ajay Banwarilal Kejriwal - Director
The latest financial statements of Gse Renewables India 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 2019 are in the company report.
The GSTIN of Gse Renewables India is 27AAHCG6595N1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gse Renewables India is U40300MH2019PTC320242. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gse Renewables India has 1 court case on record: 1 filed by the company. 1 is pending.
Gse Renewables India was incorporated on 28 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Ajay Banwarilal Kejriwal was appointed as Director on 28 Jan 2019. Sahil Ajay Kejriwal was appointed as Director on 28 Jan 2019.
Yes, Gse Renewables India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Gse Renewables India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0118909).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages