Avatar Solar Private Limited

Develops and supplies solar power through photovoltaic solar farm under national mission scheme.

2012 | Gandhi Nagar, Gujarat (India) | Active
Last Updated: November 16, 2024

Avatar Solar Profile

Key Indicators

  • Authorised Capital ₹ 13.50 Cr
  • Paid Up Capital ₹ 13.50 Cr
  • Company Age 13 Year, 20 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 19.30 Cr
  • Satisfied Charges ₹ 32.90 Cr
  • Revenue Growth 0.64%
  • Profit Growth 9.87%
  • Ebitda -2.27%
  • Net Worth 12.30%
  • Total Assets 1.59%

About Avatar Solar

Avatar Solar Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 January 2012 and has a history of 13 years. Its registered office is in Gandhi Nagar, Gujarat, 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 2024. It's a company limited by shares with an authorized capital of Rs 13.50 Cr and a paid-up capital of Rs 13.50 Cr.

The company currently has active open charges totaling ₹19.30 Cr. The company has closed loans amounting to ₹32.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Falgun Vibudh, Lopa Pandya, and Ushaben Oza serve as directors at the Company.

Company Details

  • Location

    Gandhi Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    avatarsolar.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40106GJ2012PTC068770

  • Company No.

    068770

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jan 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Environment
Energy and Power

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

Board Members (3)

Name Designation Appointment Date Status
Falgun Vibudh Country flag representing In Director 27-Jan-2012 Current
Lopa Pandya Country flag representing In Director 06-Jan-2020 Current
Ushaben Oza Country flag representing In Director 27-Jan-2012 Current

Financial Performance of Avatar Solar.

Avatar Solar Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.64% increase. The company also saw a slight improvement in profitability, with a 9.87% increase in profit. The company's net worth Soared by an impressive increase of 12.3%.

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
0.64%
Revenue from Operations
-1.10%
Total Assets
1.59%
Profit or Loss
9.87%
Net Worth
12.30%
EBITDA
-2.27%

What is the Ownership and Shareholding Structure of Avatar Solar?

In 2023, Avatar Solar 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

₹19.30 Cr

Satisfied Charges

₹32.90 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 19.30 Cr

Latest Charge Details

Date Lender Amount Status
29 Jan 2021 Hdfc Bank Limited ₹19.30 Cr Open
23 Aug 2013 Ptc India Financial Services Limited ₹31.50 Cr Satisfied
10 Aug 2012 Waaree Energies Limited ₹1.40 Cr Satisfied

How Many Employees Work at Avatar Solar?

Avatar Solar has a workforce of 12 employees as of Apr 04, 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 Avatar Solar, 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 Avatar Solar'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 Avatar Solar

Recent activity within the organization

  • Annual General Meeting

    Avatar Solar Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 19.30 Cr registered on 29 Jan 2021 with Charge ID 100417748 was modified on 15 Jul 2024.

    15 Jul 2024

  • Balance Sheet

    Avatar Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 23 Aug 2013 via Charge ID 10447126 with Ptc India Financial Services Limited was fully satisfied on 30 Mar 2021.

    30 Mar 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 19.30 Cr with Charge ID 100417748 was registered on 29 Jan 2021.

    29 Jan 2021

  • Director Appointment

    Lopa Sachin Pandya was appointed as a Director was appointed as a Director on 06 Jan 2020 & has been associated with this company since 5 years 1 month .

    06 Jan 2020

Frequently asked questions

  • Avatar Solar Private Limited was incorporated on 27 Jan 2012.

  • The authorized share capital of Avatar Solar Private Limited is ₹ 13.50 Cr and paid-up capital is ₹ 13.50 Cr.

  • Currently 3 directors are associated with Avatar Solar Private Limited.

    • Falgun Dave Vibudh
    • Lopa Sachin Pandya
    • Ushaben Umeshbhai Oza
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avatar Solar Private Limited is 33 Srijikunj Society Behind Baliyadev Temple Opposite Big Class Factory Kudasan India, Gandhinagar, Gujarat, 382421.

  • The corporate identification number (CIN) of Avatar Solar Private Limited is U40106GJ2012PTC068770 and the company number is 068770 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avatar Solar Private Limited is https://www.avatarsolar.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Avatar Solar Private Limited has risen by 0.64%.

  • As Per 2023 financial reports, 12 employees are currently employed by Avatar Solar Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Avatar Solar Private Limited has experienced an upsurge of 12.30%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Avatar Solar Private Limited amount to ₹ 19.30 Cr.

  • The most recent Balance Sheet for Avatar Solar Private Limited was filed with the ROC on 31 Mar 2024.

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