Avaada Solarise Energy Private Limited

Develops solar power plant with 150 MW capacity in Karnataka's Pavagada Solar Park.

2018 | New Delhi (India) | Active
Last Updated: October 24, 2024

Avaada Solarise Energy Profile

Key Indicators

  • Authorised Capital ₹ 44.00 Cr
  • Paid Up Capital ₹ 42.85 Cr
  • Company Age 6 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 510.00 Cr
  • Satisfied Charges ₹ 549.50 Cr
  • Revenue Growth 1.89%
  • Profit Growth 546.07%
  • Ebitda 0.57%
  • Net Worth 8.37%
  • Total Assets 0.92%

About Avaada Solarise Energy

Avaada Solarise Energy Private Limited (ASEPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 September 2018 (Six years and five months 20 days old ). Its registered office is in New Delhi, India.

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 44.00 Cr and a paid-up capital of Rs 42.85 Cr.

The company currently has active open charges totaling ₹510.00 Cr. The company has closed loans amounting to ₹549.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Avaada Solarise Energy Private Limited India is Tapan Mali as COMPANY SECRETARY. Rajesh Dwivedi and Gopal Goel serve as directors at the Company.

Company Details

  • Location

    New Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    avaadaenergy.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40300DL2018PTC338280

  • Company No.

    338280

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Sep 2018

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Environment

Who are the key members and board of directors at Avaada Solarise Energy?

Executive Team (1)

NameDesignationAppointment DateStatus
Tapan Mali Country flag representing In Company Secretary17-Oct-2023Current

Board Members (2)

NameDesignationAppointment DateStatus
Rajesh Dwivedi Country flag representing In Director 09-Dec-2021Current
Gopal Goel Country flag representing In Director 09-Dec-2021Current

Financial Performance of Avaada Solarise Energy.

Avaada Solarise Energy Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.89% increase. The company also saw a substantial improvement in profitability, with a 546.07% increase in profit. The company's net worth moved up by a moderate rise of 8.37%.

Graph illustrating revenue growth over time
Graph showing 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
1.89%
Revenue from Operations
1.92%
Total Assets
0.92%
Profit or Loss
546.07%
Net Worth
8.37%
EBITDA
0.57%

What is the Ownership and Shareholding Structure of Avaada Solarise Energy?

In 2023, Avaada Solarise 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

₹510.00 Cr

Satisfied Charges

₹549.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 510.00 Cr

Latest Charge Details

DateLenderAmountStatus
02 Mar 2022Others₹499.00 CrOpen
18 Feb 2022Others₹11.00 CrOpen
23 Dec 2019Yes Bank Limited₹13.00 CrSatisfied
22 Aug 2019Others₹514.00 CrSatisfied
07 May 2019Others₹22.50 CrSatisfied

How Many Employees Work at Avaada Solarise Energy?

Avaada Solarise Energy has a workforce of 3 employees as of Mar 29, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avaada Solarise 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 Solarise 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 Avaada Solarise Energy

Recent activity within the organization

  • Director Appointment

    Tapan Ramchandra Mali was appointed as a Company Secretary was appointed as a Company Secretary on 17 Oct 2023 & has been associated with this company since 1 year 4 months .

    17 Oct 2023

  • Annual General Meeting

    Avaada Solarise Energy Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Avaada Solarise Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 22 Aug 2019 via Charge ID 100282268 with Others was fully satisfied on 22 Mar 2022.

    22 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 499.00 Cr with Charge ID 100578191 was registered on 02 Mar 2022.

    02 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 11.00 Cr with Charge ID 100548663 was registered on 18 Feb 2022.

    18 Feb 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Avaada Solarise Energy Private Limited was incorporated on 05 Sep 2018.

  • The authorized share capital of Avaada Solarise Energy Private Limited is ₹ 44.00 Cr and paid-up capital is ₹ 42.85 Cr.

  • Currently 3 directors are associated with Avaada Solarise Energy Private Limited.

    • Rajesh Bihari Dwivedi
    • Gopal Goel
    • Tapan Ramchandra Mali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avaada Solarise Energy Private Limited is 910/19 Suryakiran Kasturba Gandhi Marg, India, New Delhi, 110001.

  • The corporate identification number (CIN) of Avaada Solarise Energy Private Limited is U40300DL2018PTC338280 and the company number is 338280 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avaada Solarise Energy Private Limited is https://www.avaadaenergy.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Avaada Solarise Energy Private Limited has risen by 1.89%.

  • As Per 2023 financial reports, 3 employees are currently employed by Avaada Solarise Energy Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Avaada Solarise Energy Private Limited has experienced an upsurge of 8.37%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Avaada Solarise Energy Private Limited amount to ₹ 510.00 Cr.

  • The most recent Balance Sheet for Avaada Solarise Energy Private Limited was filed with the ROC on 31 Mar 2023.

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