Avesta Solar Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.10 M
- Company Age 14 Year, 5 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.36 Cr
- Satisfied Charges ₹ 3.50 M
- 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. 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 2023. 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 ₹2.36 Cr. The company has closed loans amounting to ₹3.50 M, as per Ministry of Corporate Affairs (MCA) records.
Burgis Bulsara and Arnavaz Bulsara serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U29113MH2011PTC213307
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Company No.
213307
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
10 Feb 2011
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
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.
Who are the key members and board of directors at Avesta Solar?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Burgis Bulsara
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Director | 10-Feb-2011 | Current |
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Arnavaz Bulsara
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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%.
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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)
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Isoqar (India) Private LimitedBurgis Bulsara is a mutual person
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Spenta Aid FoundationBurgis Bulsara and Arnavaz Bulsara are mutual person
Charges (Loans)
₹23.60 M
₹3.50 M
Charges Breakdown by Lending Institutions
- Tata Cleantech Capital Limited : 2.36 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Aug 2016 | Tata Cleantech Capital Limited | ₹2.36 Cr | Open |
| 15 Feb 2017 | Hdfc Bank Limited | ₹3.50 M | 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.
