Avesta Solar Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.10 M
- Company Age 14 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.95 Cr
- Satisfied Charges ₹ 2.71 Cr
- Revenue Growth 33.44%
- Profit Growth -40.26%
- Ebitda -40.92%
- Net Worth 20.32%
- Total Assets 19.65%
About Avesta Solar
Avesta Solar Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 February 2011 and has a history of 14 years and two months. Its registered office is in Mumbai, Maharashtra, 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 1.00 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹4.95 Cr. The company has closed loans amounting to ₹2.71 Cr, as per Ministry of Corporate Affairs (MCA) records.
Burgis Bulsara and Arnavaz Bulsara serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29113MH2011PTC213307
- Company No.
213307
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Feb 2011
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Environment
What products or services does Avesta Solar Private Limited offer?
Avesta Solar Private Limited offers a wide range of products and services, including Street Lights, Solar Street Lighting System, Water Heater & Geyser, Solar Water Heater, Solar & Renewable Energy Products, Solar Pumps, Pumping Systems, Solar Water Pumping System, Solar Power Plants, Solar Rooftops.
Avesta Solar Private Limited
Explore comprehensive data for Avesta Solar Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Avesta Solar?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Burgis Bulsara  | Director | 10-Feb-2011 | Current |
| Arnavaz Bulsara | Director | 02-Dec-2017 | Current |
Financial Performance of Avesta Solar.
Avesta Solar Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.44% increase. The company also saw a substantial fall in profitability, with a 40.26% decrease in profit. The company's net worth Soared by an impressive increase of 20.32%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Avesta Solar?
In 2023, Avesta 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.
Related Corporates (Common Directorship)
Isoqar (India) Private LimitedBurgis Bulsara is a mutual person
Spenta Aid FoundationBurgis Bulsara and Arnavaz Bulsara are mutual person
Charges (Loans)
Open Charges
₹49.50 M
Satisfied Charges
₹27.10 M
Charges Breakdown by Lending Institutions
- Others : 4.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2024 | Others | ₹4.95 Cr | Open |
| 15 Feb 2017 | Hdfc Bank Limited | ₹3.50 M | Satisfied |
| 10 Aug 2016 | Tata Cleantech Capital Limited | ₹2.36 Cr | Satisfied |
How Many Employees Work at Avesta Solar?
Avesta Solar has a workforce of 29 employees as of Apr 09, 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 Avesta 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 Avesta Solar'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.
Latest Updates, News, and FAQs on Avesta Solar
Recent activity within the organization
- Charges
A charge with Others of Rs. 49.50 M registered on 21 Oct 2024 with Charge ID 100996516 was modified on 18 Feb 2025.
- Charges
A charge registered on 10 Aug 2016 via Charge ID 100045857 with Tata Cleantech Capital Limited was fully satisfied on 14 Nov 2024.
- Charges
A charge with Others amounted to Rs. 49.50 M with Charge ID 100996516 was registered on 21 Oct 2024.
- Annual General Meeting
Avesta Solar Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Avesta Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 15 Feb 2017 via Charge ID 100107619 with Hdfc Bank Limited was fully satisfied on 18 Sep 2020.
Frequently asked questions
What is the Incorporation or founding date of Avesta Solar Private Limited?
Avesta Solar Private Limited was incorporated on 10 Feb 2011.
What is authorized share capital and paid-up capital of Avesta Solar Private Limited?
The authorized share capital of Avesta Solar Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Avesta Solar Private Limited?
Currently 2 directors are associated with Avesta Solar Private Limited.
- Burgis Jal Bulsara
- Arnavaz Burgis Bulsara
What is the registered address of Avesta Solar Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Avesta Solar Private Limited is 782 Patel Building Ground Floor No. 4 M. Joshi Road Dadar Parsi Colony - East, India, Mumbai, Maharashtra, 400014.
What is the corporate identification number (CIN) and company number of Avesta Solar Private Limited?
The corporate identification number (CIN) of Avesta Solar Private Limited is U29113MH2011PTC213307 and the company number is 213307 as per Ministry of Corporate Affairs (MCA).
What is the official website of Avesta Solar Private Limited?
The Official website of Avesta Solar Private Limited is https://www.avestasolar.co.in
What has been the recent revenue trend for Avesta Solar Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Avesta Solar Private Limited has risen by 33.44%.
How many employees does Avesta Solar Private Limited currently have?
As Per 2023 financial reports, 29 employees are currently employed by Avesta Solar Private Limited.
What change has been observed in the net worth of Avesta Solar Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Avesta Solar Private Limited has experienced an upsurge of 20.32%.
What are the total open charges for Avesta Solar Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Avesta Solar Private Limited amount to ₹ 4.95 Cr.
When was the last Balance Sheet of Avesta Solar Private Limited filed with the ROC?
The most recent Balance Sheet for Avesta Solar Private Limited was filed with the ROC on 31 Mar 2024.
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