

Waa Solar Profile
Key Indicators
- Authorised Capital ₹ 18.00 Cr
- Paid Up Capital ₹ 13.27 Cr
- Company Age 15 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 397.01 Cr
- Satisfied Charges ₹ 639.83 Cr
- Revenue Growth -5.46%
- Profit Growth 49.50%
- Ebitda -4.61%
- Net Worth 2.97%
- Total Assets -2.98%
About Waa Solar
Waa Solar Limited (WSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 November 2009 and has a history of 15 years and four months. Its registered office is in Vadodara, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 541445.
The Corporate was formerly known as Waa Solar 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 18.00 Cr and a paid-up capital of Rs 13.27 Cr.
The company currently has active open charges totaling ₹397.01 Cr. The company has closed loans amounting to ₹639.83 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Waa Solar Limited India are Mangi Singhi as CFO and Nikita Sadhwani as Company Secretary. Amit Ashok, Neelakshi Khurana, Nikhil Kaushik, and Three other members serve as directors at the Company.
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L40106GJ2009PLC076764
- Company No.
076764
- Stock Symbol
BSE : 541445
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Nov 2009
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Waa Solar?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Amit Ashok ![]() | Managing Director | 26-Dec-2017 | Current |
Mangi Singhi | CFO | 20-Feb-2018 | Current |
Nikita Sadhwani | Company Secretary | 31-Aug-2022 | Current |
Board Members (5)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Nikhil Kaushik ![]() | Director | 09-Feb-2024 | Current |
Neelakshi Khurana ![]() | Director | 01-Apr-2021 | Current |
Shankar Bhagat ![]() | Director | 14-Aug-2024 | Current |
Mangi Singhi ![]() | Director | 27-Oct-2017 | Current |
Kamal Lalani ![]() | Director | 14-Aug-2024 | Current |
Financial Performance of Waa Solar.
Waa Solar Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 5.46% decrease. The company also saw a substantial improvement in profitability, with a 49.5% increase in profit. The company's net worth moved up by a moderate rise of 2.97%.


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What is the Ownership and Shareholding Structure of Waa Solar?
In 2022, Waa Solar had a promoter holding of 69.82% and a public holding of 30.18%. The company had 8 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Fortcaps Laboratories Private Limited
Nikhil Kaushik is a mutual person
- Madhav Solar (J) Private Limited
Amit Ashok is a mutual person
- Madhav Infra Projects Limited
Amit Ashok, Neelakshi Khurana and 2 more are mutual person
- Madhav (Sehora Silodi Corridor) Highways Private Limited
Amit Ashok is a mutual person
- Madhav Infracon (Vidisha Kurwai Corridor) Private Limited
Amit Ashok is a mutual person
Charges (Loans)
₹397.01 Cr
₹639.83 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 319.64 Cr
- State Bank Of India : 66.44 Cr
- Others : 10.38 Cr
- Hdfc Bank Limited : 0.55 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
12 Sep 2024 | Sbicap Trustee Company Limited | ₹184.20 Cr | Open |
21 Feb 2024 | Hdfc Bank Limited | ₹0.64 M | Open |
02 Dec 2023 | Others | ₹10.38 Cr | Open |
03 Aug 2023 | Hdfc Bank Limited | ₹2.65 M | Open |
28 Apr 2023 | Sbicap Trustee Company Limited | ₹66.44 Cr | Open |
How Many Employees Work at Waa Solar?
Unlock and access historical data on people associated with Waa Solar, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Waa 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 Waa 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 Waa Solar
Recent activity within the organization
- Charges
A charge with Sbicap Trustee Company Limited of Rs. 184.20 Cr registered on 12 Sep 2024 with Charge ID 100979788 was modified on 19 Oct 2024.
- Annual General Meeting
Waa Solar Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
- Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 184.20 Cr with Charge ID 100979788 was registered on 12 Sep 2024.
- Director Appointment
Shankar Prasad Bhagat was appointed as a Director was appointed as a Director on 14 Aug 2024 & has been associated with this company since 6 months 28 days .
- Director Appointment
Kamal Ashwinbhai Lalani was appointed as a Director was appointed as a Director on 14 Aug 2024 & has been associated with this company since 6 months 28 days .
- Balance Sheet
Waa Solar Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Waa Solar Limited?
Waa Solar Limited was incorporated on 09 Nov 2009.
What is authorized share capital and paid-up capital of Waa Solar Limited?
The authorized share capital of Waa Solar Limited is ₹ 18.00 Cr and paid-up capital is ₹ 13.27 Cr.
Who are the current board members & directors of Waa Solar Limited?
Currently 8 directors are associated with Waa Solar Limited.
- Amit Khurana Ashok
- Neelakshi Amit Khurana
- Nikhil Kaushik
- Shankar Prasad Bhagat
- Mangi Lal Singhi
- Mangi Lal Singhi
- Nikita Prakash Sadhwani
- Kamal Ashwinbhai Lalani
What is the registered address of Waa Solar Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Waa Solar Limited is Madhav House Nr. Panchratna Building, Subhanpura India, Vadodara, Gujarat, 390023.
What is the corporate identification number (CIN) and company number of Waa Solar Limited?
The corporate identification number (CIN) of Waa Solar Limited is L40106GJ2009PLC076764 and the company number is 076764 as per Ministry of Corporate Affairs (MCA).
Is Waa Solar Limited registered with any stock exchange in India?
Yes, Waa Solar Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Waa Solar Limited?
The Official website of Waa Solar Limited is https://www.waasolar.org
What has been the recent revenue trend for Waa Solar Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Waa Solar Limited has fallen by -5.46%.
What change has been observed in the net worth of Waa Solar Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Waa Solar Limited has experienced an upsurge of 2.97%.
What are the total open charges for Waa Solar Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Waa Solar Limited amount to ₹ 397.01 Cr.
When was the last Balance Sheet of Waa Solar Limited filed with the ROC?
The most recent Balance Sheet for Waa Solar Limited was filed with the ROC on 31 Mar 2024.
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