Avaada Solar Energy Profile
Key Indicators
- Authorised Capital ₹ 44.00 Cr
- Paid Up Capital ₹ 43.76 Cr
- Company Age 10 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 549.30 Cr
- Satisfied Charges ₹ 579.50 Cr
- Revenue Growth 4.79%
- Profit Growth 39.28%
- Ebitda -1.70%
- Net Worth 2.07%
- Total Assets -3.17%
About Avaada Solar Energy
Avaada Solar Energy Private Limited (ASEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 January 2015 and has a history of Ten years and one month. Its registered office is in New Delhi, India.
The Corporate was formerly known as Avaada 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 2024. It's a company limited by shares with an authorized capital of Rs 44.00 Cr and a paid-up capital of Rs 43.76 Cr.
The company currently has active open charges totaling ₹549.30 Cr. The company has closed loans amounting to ₹579.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Avaada Solar Energy Private Limited India is Kirti Singh as COMPANY SECRETARY. Radha Amma and Sandeep Mahesh serve as directors at the Company.
Company Details
- Location
New Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40104DL2015PTC275209
- Company No.
275209
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Jan 2015
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Avaada Solar Energy?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kirti Singh  | Company Secretary | 27-Dec-2023 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sandeep Mahesh | Director | 04-Aug-2020 | Current |
| Radha Amma | Director | 04-Aug-2020 | Current |
Financial Performance of Avaada Solar Energy.
Avaada Solar Energy Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.79% increase. The company also saw a substantial improvement in profitability, with a 39.28% increase in profit. The company's net worth moved up by a moderate rise of 2.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Avaada Solar Energy?
In 2023, Avaada 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.
Related Corporates (Common Directorship)
Avaada Non-Conventional Energy Private LimitedRadha Amma is a mutual person
Avaada Sustainable Energy Private LimitedRadha Amma is a mutual person
- Welspun Green Energy Private Limited
Sandeep Mahesh is a mutual person
Avaada Hnadampur Private LimitedRadha Amma is a mutual person
- Avaada Mhsustainable Private Limited
Radha Amma is a mutual person
- Avaada Inclean Private Limited
Radha Amma is a mutual person
Charges (Loans)
₹549.30 Cr
₹579.50 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 549.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jul 2022 | Idbi Trusteeship Services Limited | ₹549.30 Cr | Open |
| 07 Dec 2018 | Others | ₹10.00 Cr | Satisfied |
| 15 Oct 2018 | Yes Bank Limited | ₹28.00 Cr | Satisfied |
| 19 Sep 2018 | Others | ₹519.00 Cr | Satisfied |
| 11 May 2018 | Others | ₹22.50 Cr | Satisfied |
How Many Employees Work at Avaada Solar Energy?
Avaada Solar Energy has a workforce of 3 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Avaada 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 Avaada Solar Energy's trajectory.
Rating
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
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.
