Igrid Energy Solutions Private Limited
About Igrid Energy Solutions Private Limited
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Igrid Energy Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2011PTC056808. Its GSTIN is 29AACCI5129F1ZM (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Channarayapattana Suryajois Aruna and Chandra Shekar Basavanna Badanaval.
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 No 4116 Ankanatheshwara Nilaya 3rd Cross Kumaraswamy Layout II Stage, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2025, the company reported a revenue of ₹40 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net profit of ₹6.4 Lakh (net margin 16%) and EBITDA of ₹9.3 Lakh (EBITDA margin 23.2%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 12% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo 4116 Ankanatheshwara Nilaya 3rd Cross Kumaraswamy Layout II Stage, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Igrid Energy Solutions Private Limited
The main business activity of Igrid Energy Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities | 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 Igrid Energy Solutions Private Limited FY 2025 filings available
Igrid Energy Solutions Private Limited reported revenue of ₹40 Lakh (down 56% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Igrid Energy Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 56% fall in the latest year. EBITDA fell 61% 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 Igrid Energy Solutions 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 | ₹9.3 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.4 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 Igrid Energy Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 16% | •••• | •••• | •••• | •••• |
| 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 Igrid Energy Solutions are in the company report.
Financial statements from 2015
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 Igrid Energy Solutions Private Limited
Igrid Energy Solutions Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Energy Solutions). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Stiefel Mcclelland Waste to Energy Private Limited | ₹42.25 Lakh (FY 2025) | •••• | •••• | 195.0% | •••• | C B D Belapur, Maharashtra, India |
| Anp Solar Energy Solutions Private Limited | ₹41.89 Lakh (FY 2024) | •••• | •••• | -29.0% | •••• | Ahmedabad, Gujarat, India |
| Renesys Energy Solutions Private Limited | ₹41.27 Lakh (FY 2017) | •••• | •••• | 319.0% | •••• | Chennai, Tamil Nadu, India |
| AAA Sustainable Energy Solutions Private Limited | ₹40.36 Lakh (FY 2020) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Saf Services Private Limited | ₹40.3 Lakh (FY 2024) | •••• | •••• | 2.0% | •••• | Chhattisgarh, India |
| Igrid Energy Solutions Private Limited this company | ₹40 Lakh (FY 2025) | •••• | •••• | -56.0% | •••• | Bangalore, Karnataka, India |
| Absotherm Energy Solutions Private Limited | ₹40 Lakh (FY 2025) | •••• | •••• | -32.0% | •••• | Thane, Maharashtra, India |
| Ionic Energy Solutions Limited | ₹39.87 Lakh (FY 2022) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Carbonation India Private Limited | ₹39.86 Lakh (FY 2025) | •••• | •••• | •••• | Gaya, Bihar, India | |
| Millenia Management Private Limited | ₹39.78 Lakh (FY 2024) | •••• | •••• | -6.0% | •••• | Bangalore, Karnataka, India |
| Balaji Renewable Solution Private Limited | ₹39.55 Lakh (FY 2024) | •••• | •••• | 402.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Igrid Energy Solutions by revenue in the Cleantech industry (Energy Solutions), 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 Igrid Energy Solutions Private Limited
Igrid Energy Solutions Private Limited is audited by G R S M & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G R S M & 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 Igrid Energy Solutions Private Limited
Igrid Energy Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Channarayapattana Suryajois Aruna | Director | 02 May 2017 | 9 Years 5 Months | Current |
| Chandra Shekar Basavanna Badanaval Also directs: Inenviro Private Limited, HFC Design Service Private Limited | Director | 25 Jan 2011 | 15 Years 8 Months | Current |
Ownership and Shareholding of Igrid Energy Solutions 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 Igrid Energy Solutions Private Limited
Igrid Energy Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Igrid Energy Solutions Private Limited
Employment history and EPFO contributions of people linked to Igrid Energy Solutions.
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 Igrid Energy Solutions Private Limited
Igrid Energy Solutions Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Gerard Cyril Pakkiam ceased to be Director on 12 May 2017.
Credit Ratings, Litigation & Regulatory Alerts for Igrid Energy Solutions 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 Igrid Energy Solutions 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 Igrid Energy Solutions 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 Igrid Energy Solutions Private Limited
Igrid Energy Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCI5129F1ZM | Karnataka | Active | 07 Jun 2018 |
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 Igrid Energy Solutions 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 Igrid Energy Solutions Private Limited
Igrid Energy Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 25 January 2011 (15+ years old) and is registered under CIN U72200KA2011PTC056808.
Igrid Energy Solutions reported revenue of ₹40 Lakh for FY 2025 (down 56% YoY).
Igrid Energy Solutions has 2 current directors:
- Channarayapattana Suryajois Aruna - Director
- Chandra Shekar Basavanna Badanaval - Director
Igrid Energy Solutions reported a net profit of ₹6.4 Lakh (net margin 16%) and EBITDA of ₹9.3 Lakh (EBITDA margin 23.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Igrid Energy Solutions is -33% over three years and -12% over five years. In the latest year (FY 2025) revenue fell 56%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Igrid Energy Solutions is 29AACCI5129F1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Igrid Energy Solutions is U72200KA2011PTC056808. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Igrid Energy Solutions was incorporated on 25 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Igrid Energy Solutions by revenue are Stiefel Mcclelland Waste to Energy Private Limited, Anp Solar Energy Solutions Private Limited, Renesys Energy Solutions Private Limited, AAA Sustainable Energy Solutions Private Limited, Saf Services Private Limited and 5 more, all in the Cleantech industry (Energy Solutions).
Gerard Cyril Pakkiam ceased to be Director on 12 May 2017. Channarayapattana Suryajois Aruna was appointed as Director on 02 May 2017. Chandra Shekar Basavanna Badanaval was appointed as Director on 25 Jan 2011.
The registered office of Igrid Energy Solutions is at No 4116 Ankanatheshwara Nilaya 3rd Cross Kumaraswamy Layout II Stage, Bangalore, Karnataka, India – 560078.