Aavanti Solar Energy Private Limited

Founded in 2011 and headquartered in Karnataka, India.

2011 | Haveri, Karnataka (India) | Active
Last Updated:

Aavanti Solar Energy Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.18 M
  • Company Age 14 Year, 24 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 509.30 Cr
  • Satisfied Charges ₹ 95.62 Cr
  • Revenue Growth -1.64%
  • Profit Growth -1298.20%
  • Ebitda -80.12%
  • Net Worth -22.14%
  • Total Assets -7.54%

About Aavanti Solar Energy

Aavanti Solar Energy Private Limited (ASEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 April 2011 and has a history of 14 years. Its registered office is in Haveri, Karnataka, India.

The Corporate was formerly known as Avanti Solar Energy Private Limited. The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.18 M.

The company currently has active open charges totaling ₹509.30 Cr. The company has closed loans amounting to ₹95.62 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chandramouleeswaran Thiagarajan, Thiyagarajan, and Kannaiha Chakkaravarthi serve as directors at the Company.

Company Details

  • Location

    Haveri, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40100KA2011PTC132812

  • Company No.

    080251

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Apr 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Environment
Company report

Aavanti Solar Energy Private Limited

Explore comprehensive data for Aavanti Solar Energy Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Aavanti Solar Energy?

Board Members (3)

NameDesignationAppointment DateStatus
Chandramouleeswaran Thiagarajan Country flag representing In Director 18-Sep-2024Current
Thiyagarajan Country flag representing In Director 22-Feb-2023Current
Kannaiha Chakkaravarthi Director 18-Sep-2024Current

Financial Performance of Aavanti Solar Energy.

Aavanti Solar Energy Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.64% decrease. The company also saw a substantial fall in profitability, with a 1298.2% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22.14%.

Aavanti Solar Energy revenue growth over time
Aavanti Solar Energy profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-1.64%
Revenue from Operations
1.33%
Total Assets
-7.54%
Profit or Loss
-1298.20%
Net Worth
-22.14%
EBITDA
-80.12%

What is the Ownership and Shareholding Structure of Aavanti Solar Energy?

In 2023, Aavanti Solar Energy had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5,093.00 M

Satisfied Charges

₹956.20 M

Charges Breakdown by Lending Institutions

  • Others : 509.30 Cr

Latest Charge Details

DateLenderAmountStatus
27 Mar 2024Others₹307.51 CrOpen
27 Mar 2024Others₹96.69 CrOpen
27 Mar 2024Others₹95.67 CrOpen
27 Mar 2024Others₹9.43 CrOpen
24 Aug 2017Others₹95.62 CrSatisfied

How Many Employees Work at Aavanti Solar Energy?

Unlock and access historical data on people associated with Aavanti Solar Energy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Aavanti Solar Energy Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aavanti Solar Energy, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Aavanti Solar Energy's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Aavanti Solar Energy

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 3,075.10 M registered on 27 Mar 2024 with Charge ID 100904170 was modified on 27 Sep 2024.

  • Director Appointment

    Chandramouleeswaran Thiagarajan was appointed as a Director was appointed as a Director on 18 Sep 2024 & has been associated with this company since 7 months 26 days .

  • Director Appointment

    Kannaiha Naidu Chakkaravarthi was appointed as a Director was appointed as a Director on 18 Sep 2024 & has been associated with this company since 7 months 26 days .

  • Charges

    A charge registered on 24 Aug 2017 via Charge ID 100142392 with Others was fully satisfied on 03 Apr 2024.

  • Charges

    A charge with Others amounted to Rs. 966.90 M with Charge ID 100904176 was registered on 27 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 956.70 M with Charge ID 100904187 was registered on 27 Mar 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Aavanti Solar Energy Private Limited?

    Aavanti Solar Energy Private Limited was incorporated on 21 Apr 2011.

  • What is authorized share capital and paid-up capital of Aavanti Solar Energy Private Limited?

    The authorized share capital of Aavanti Solar Energy Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.18 M.

  • Who are the current board members & directors of Aavanti Solar Energy Private Limited?

    Currently 3 directors are associated with Aavanti Solar Energy Private Limited.

    • Chandramouleeswaran Thiagarajan
    • Thiyagarajan
    • Kannaiha Naidu Chakkaravarthi
  • What is the registered address of Aavanti Solar Energy Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Aavanti Solar Energy Private Limited is No.2898/2 1St Floor Ward No.5 Bus Stand Road, India, Shiggaon, Karnataka, 581205.

  • What is the corporate identification number (CIN) and company number of Aavanti Solar Energy Private Limited?

    The corporate identification number (CIN) of Aavanti Solar Energy Private Limited is U40100KA2011PTC132812 and the company number is 080251 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Aavanti Solar Energy Private Limited?

    The Official website of Aavanti Solar Energy Private Limited is https://www.opgpower.com

  • What has been the recent revenue trend for Aavanti Solar Energy Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Aavanti Solar Energy Private Limited has fallen by -1.64%.

  • What change has been observed in the net worth of Aavanti Solar Energy Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Aavanti Solar Energy Private Limited has experienced an downturn of -22.14%.

  • What are the total open charges for Aavanti Solar Energy Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Aavanti Solar Energy Private Limited amount to ₹ 509.30 Cr.

  • When was the last Balance Sheet of Aavanti Solar Energy Private Limited filed with the ROC?

    The most recent Balance Sheet for Aavanti Solar Energy Private Limited was filed with the ROC on 31 Mar 2023.

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