Avighna Solarfarms Limited

Special purpose vehicle for solar power project in Telangana, backed by Canadian and Indian energy companies.

2015 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 01, 2025

Avighna Solarfarms Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.50 Cr
  • Company Age 9 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 79.50 Cr
  • Satisfied Charges ₹ 86.57 Cr
  • Revenue Growth 0.20%
  • Profit Growth 44.49%
  • Ebitda 1.29%
  • Net Worth -17.56%
  • Total Assets -7.33%

About Avighna Solarfarms

Avighna Solarfarms Limited (ASL) is a Public Limited Indian Non-Government Company incorporated in India on 27 March 2015 (Nine years and ten months 28 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Avighna Solarfarms Private Limited. 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 7.00 Cr and a paid-up capital of Rs 6.50 Cr.

The company currently has active open charges totaling ₹79.50 Cr. The company has closed loans amounting to ₹86.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bharat Rathi, Nirad Deshpande, and Rajeev Sharma serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40102GJ2015PLC082733

  • Company No.

    082733

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Mar 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Environment

Who are the key members and board of directors at Avighna Solarfarms?

Board Members (3)

NameDesignationAppointment DateStatus
Bharat Rathi Country flag representing In Director 07-Jul-2021Current
Nirad Deshpande Country flag representing In Nominee Director 04-Nov-2022Current
Rajeev Sharma Country flag representing In Director 06-Jan-2020Current

Financial Performance of Avighna Solarfarms.

Avighna Solarfarms Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 0.2% increase. The company also saw a substantial improvement in profitability, with a 44.49% increase in profit. The company's net worth observed a substantial decline by a decrease of 17.56%.

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
0.20%
Revenue from Operations
1.42%
Total Assets
-7.33%
Profit or Loss
44.49%
Net Worth
-17.56%
EBITDA
1.29%

What is the Ownership and Shareholding Structure of Avighna Solarfarms?

In 2021, Avighna Solarfarms 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

₹79.50 Cr

Satisfied Charges

₹86.57 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 79.50 Cr

Latest Charge Details

DateLenderAmountStatus
23 Jul 2019Sbicap Trustee Company Limited₹79.50 CrOpen
28 Dec 2016Idbi Bank Limited₹86.57 CrSatisfied

How Many Employees Work at Avighna Solarfarms?

Unlock and access historical data on people associated with Avighna Solarfarms, 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 Avighna Solarfarms, 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 Avighna Solarfarms'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 Avighna Solarfarms

Recent activity within the organization

  • Annual General Meeting

    Avighna Solarfarms Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Avighna Solarfarms Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 79.50 Cr registered on 23 Jul 2019 with Charge ID 100277462 was modified on 04 Jul 2023.

    04 Jul 2023

  • Director Appointment

    Nirad Vijay Deshpande was appointed as a Nominee Director was appointed as a Nominee Director on 04 Nov 2022 & has been associated with this company since 2 years 3 months .

    04 Nov 2022

  • Director Appointment

    Bharat Rathi was appointed as a Director was appointed as a Director on 07 Jul 2021 & has been associated with this company since 3 years 7 months .

    07 Jul 2021

  • Director Appointment

    Rajeev Sharma 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

  • Avighna Solarfarms Limited was incorporated on 27 Mar 2015.

  • The authorized share capital of Avighna Solarfarms Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.50 Cr.

  • Currently 3 directors are associated with Avighna Solarfarms Limited.

    • Bharat Rathi
    • Nirad Vijay Deshpande
    • Rajeev Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avighna Solarfarms Limited is 906-907 Indraprasth Corporate Opp.Venus Atlantis 100 Ft. Road Prahladnagar, India, Ahmedabad, Gujarat, 380015.

  • The corporate identification number (CIN) of Avighna Solarfarms Limited is U40102GJ2015PLC082733 and the company number is 082733 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Avighna Solarfarms Limited has risen by 0.20%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Avighna Solarfarms Limited has experienced an downturn of -17.56%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Avighna Solarfarms Limited amount to ₹ 79.50 Cr.

  • The most recent Balance Sheet for Avighna Solarfarms Limited was filed with the ROC on 31 Mar 2024.

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