Avi Renewable Energy Private Limited

Solar and power equipment manufacturer with ISO certifications and diverse clientele.

2003 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 07, 2024

Avi Renewable Energy Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.72 M
  • Company Age 21 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 64.00 Cr
  • Revenue Growth 37.34%
  • Profit Growth 70.61%
  • Ebitda 75.43%
  • Net Worth 31.34%
  • Total Assets 66.46%

About Avi Renewable Energy

Avi Renewable Energy Private Limited (AREPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 March 2003 and has a history of 21 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Energy And Power 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 0.72 M.

The company currently has active open charges totaling ₹64.00 Cr.

Bhavesh Sojitra and Jain Pritamchandra serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    avi-products.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31109GJ2003PTC042161

  • Company No.

    042161

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Mar 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

What products or services does Avi Renewable Energy Private Limited offer?

Avi Renewable Energy Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Lighting, UPS, Hybrid UPS, Solar Power Plants, Solar Power Pack, Solar Charge Controller, PWM Solar Charge Controller, Batteries, Tubular Battery.

Who are the key members and board of directors at Avi Renewable Energy?

Executive Team (1)

NameDesignationAppointment DateStatus
Jain Pritamchandra Country flag representing In Managing Director25-Mar-2003Current

Board Members (1)

NameDesignationAppointment DateStatus
Bhavesh Sojitra Country flag representing In Director 06-Mar-2017Current

Financial Performance of Avi Renewable Energy.

Avi Renewable Energy Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.34% increase. The company also saw a substantial improvement in profitability, with a 70.61% increase in profit. The company's net worth Soared by an impressive increase of 31.34%.

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
37.34%
Revenue from Operations
37.57%
Total Assets
66.46%
Profit or Loss
70.61%
Net Worth
31.34%
EBITDA
75.43%

What is the Ownership and Shareholding Structure of Avi Renewable Energy?

In 2023, Avi Renewable 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

₹640.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 64.00 Cr

Latest Charge Details

DateLenderAmountStatus
10 Jan 2015State Bank Of India₹64.00 CrOpen

How Many Employees Work at Avi Renewable Energy?

Unlock and access historical data on people associated with Avi Renewable Energy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avi Renewable 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 Avi Renewable 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 Avi Renewable Energy

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 640.00 M registered on 10 Jan 2015 with Charge ID 10553173 was modified on 29 Apr 2024.

    29 Apr 2024

  • Annual General Meeting

    Avi Renewable Energy Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Avi Renewable Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Bhavesh Becharbhai Sojitra was appointed as a Director was appointed as a Director on 06 Mar 2017 & has been associated with this company since 7 years 11 months .

    06 Mar 2017

  • Charges

    A charge with State Bank Of India amounted to Rs. 640.00 M with Charge ID 10553173 was registered on 10 Jan 2015.

    10 Jan 2015

  • Director Appointment

    Jain Misrimal Pritamchandra was appointed as a Managing Director was appointed as a Managing Director on 25 Mar 2003 & has been associated with this company since 21 years 11 months .

    25 Mar 2003

Recent News, Updates & Announcement

Frequently asked questions

  • Avi Renewable Energy Private Limited was incorporated on 25 Mar 2003.

  • The authorized share capital of Avi Renewable Energy Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.72 M.

  • Currently 2 directors are associated with Avi Renewable Energy Private Limited.

    • Bhavesh Becharbhai Sojitra
    • Jain Misrimal Pritamchandra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avi Renewable Energy Private Limited is 66 Narayan Estateopp Raipur Mill Saraspur India, Ahmedabad, Gujarat, 380018.

  • The corporate identification number (CIN) of Avi Renewable Energy Private Limited is U31109GJ2003PTC042161 and the company number is 042161 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avi Renewable Energy Private Limited is https://www.avi-products.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Avi Renewable Energy Private Limited has risen by 37.34%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Avi Renewable Energy Private Limited has experienced an upsurge of 31.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Avi Renewable Energy Private Limited amount to ₹ 64.00 Cr.

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

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