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Company Information

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GENSOL ENGINEERING LTD.

25 April 2025 | 12:00

Industry >> Non Conventional Energy - Generation/Support Equip

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ISIN No INE06H201014 BSE Code / NSE Code 542851 / GENSOL Book Value (Rs.) 154.86 Face Value 10.00
Bookclosure 17/10/2023 52Week High 1125 EPS 15.67 P/E 5.75
Market Cap. 342.63 Cr. 52Week Low 90 P/BV / Div Yield (%) 0.58 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.

The Company was originally incorporated as Gensol Engineering Private Limited at Chandigarh as a Private Limited company under the provisions of Companies Act, 1956 vide Certificate of Incorporation dated September 25, 2012, bearing Corporate Identification Number U74210CH2012PTC034105, issued by the Registrar of Companies, Punjab and Chandigarh. Subsequently, the Company was converted into Public Limited Company pursuant to a special resolution passed by members in Extra-Ordinary General Meeting of Company held on February 08, 2019 and the name of the company was changed to Gensol Engineering Limited vide a fresh Certificate of Incorporation dated February 26, 2019 , issued by the Registrar of Companies, Punjab and Chandigarh. The Corporate Identification Number of the Company is U74210CH2012PLC034105.

KEY EVENTS AND MILESTONES IN THE HISTORY OF THE COMPANY :

2012

- Incorporation of Company

2014

- Entered into a Joint Venture Agreement with Solarig N-Gage.

2015

- Incorporation of Joint Venture Company "Solarig Gensol Utilities Private Limited"

2018

- Acquisition of Subsidiary Company "Gensun Renewables Private Limited"

2019

- Conversion of Company into Public Limited Company


2021

-The Company has issued Bonus Shares in the Ratio of 1:3. 2022 
-Gensol Engineering set to acquire majority stake in US based EV manufacturing startup 2023 -The Company has issued Bonus Shares in the Ratio of 2:1.

2023
-Gensol Clinches Deals Worth Over Rs 501 Crores For Building Solar Power Projects Across India
-Gensol closes projects worth 277 crores in Q1 FY24
-Gensol Wins Rs. 101.6 Crores Solar EPC Project In Dubai
-Gensol wins 62 MW AC solar PV project from MAHAGENCO valued at INR 301.5 Cr.
-Gensol has issued Bonus Shares in the Ratio of 2:1

2024 -The Company awarded an order of Rs. 897.47 Crores from NTPC. -The Company Secures 22 MW Ground Mount Solar PV Project with order value of INR 88 Crore from a leading steel products company in Punjab. -The Company Secures INR 780 Crore Solar PV Project from leading public sector utility in Maharashtra. -The Company Secures Order Of Rs.81.6 Mn (INR 186 Crore) for 23 MWp Rooftop Solar Project in Dubai. -The Company receives EPC award for INR 463 Crores solar plant at Gujarat s Khavda RE Power Park. -The Company Wins GUVNL s 70 MW (140 MWh) Battery Energy Storage Project worth INR 450 Crore.