About Aashman Energy Private Limited
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Aashman Energy Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Greenko Solar Energy Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 02 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40102TS2015PTC200947. Its GSTIN is 37AANCA8796P1ZE (Andhra Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹60 Cr. It is led by directors Rama Gopal Thota and Kannankurich Ramalingam Sivakumar.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.21 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹6.62 Cr (net margin 11.8%) and EBITDA of ₹43.26 Cr (EBITDA margin 77%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 1% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Aashman Solar Solution and Greenko Group. As per MCA filings, the company has open charges of ₹240 Cr and satisfied charges of ₹1,424.5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending. The company has 4 deals on record (2 funding rounds, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹59.99 Cr; the latest was in October 2016. Its 9 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 5 larger and 4 smaller; the largest is Candi Solar Private Limited with revenue of ₹57.52 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website greenkogroup.com.
Company details
CIN history
Aashman Energy has one previous CIN (Corporate Identification Number): U40102TN2015PTC102835. The current CIN is U40102TS2015PTC200947, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40102TS2015PTC200947 | Current |
| U40102TN2015PTC102835 | Previous |
Contact details
Aashman Energy Private Limited's registered office is in Hyderabad, Telangana.
- Social Media
- Registered AddressThird Floor Block D Plot No. 13 Sy No.64 Part, Hitec City Layout Madhapur Village, Hyderabad, Telangana, India – 500081
- IndustryEnvironment, Solar Energy Solutions
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Aashman Energy operates two associated brands: Aashman Solar Solution and Greenko Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers solar-based services for hot water generation, heating, and energy conservation solutions. | aashmansolar.com | |
| Energy transition and decarbonization solutions are provided by Greenko Group. | greenkogroup.com |
Business activity
The main business activity of Aashman Energy is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Aashman Energy Private Limited, buy the company report.
Financials of Aashman Energy Private Limited
FY 2024 filings availableAashman Energy Private Limited reported revenue of ₹56.21 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 5% fall in the latest year. EBITDA fell 11% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹43.26 Cr | ||||
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| Net Profit (PAT) | ₹6.62 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 77% | ||||
| Net Profit Margin | 11.8% | ||||
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To see the full financial statements and ratios of Aashman Energy Private Limited, buy the company report.
Board of directors of Aashman Energy Private Limited
Aashman Energy has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rama Gopal Thota Also directs: Proeco Energy Private Limited, Sei Enerstar Renewable Energy Private Limited, Shreyas Renewable Energy Private Limited and 5 more | Director | 31 Mar 2018 | 8 Years 6 Months | Current |
| Kannankurich Ramalingam Sivakumar | Director | 31 Mar 2023 | 3 Years 6 Months | Current |
Peer comparison
Aashman Energy Private Limited is compared with the 9 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Candi Solar Private Limited | ₹57.52 Cr (FY 2023) | 832.0% | Mohali, Punjab, India | |||
| Walwhan Solar BH Limited | ₹57.42 Cr (FY 2024) | 0.0% | Mumbai, Maharashtra, India | |||
| Divyesh Power Private Limited | ₹56.69 Cr (FY 2025) | -5.0% | Hyderabad, Telangana, India | |||
| Solarcraft TN 1 Private Limited | ₹56.63 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Skypower Solar India Private Limited | ₹56.6 Cr (FY 2024) | 3.0% | New Delhi, Delhi, India | |||
| Aashman Energy Private Limitedthis company | ₹56.21 Cr (FY 2025) | ₹6.62 Cr | 11.8% | -5.0% | Hyderabad, Telangana, India | |
| HCT Sun (India) Private Limited | ₹56.2 Cr (FY 2025) | 89.0% | Thane, Maharashtra, India | |||
| JBM Solar Energy Maharashtra Private Limited | ₹56 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Pratyash Renewable Private Limited | ₹55.45 Cr (FY 2025) | -7.0% | Hyderabad, Telangana, India | |||
| Sprng Photovoltaic Private Limited | ₹54.92 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India |
To see the full peer comparison of Aashman Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2022 | 100560760 | Idbi Trusteeship Services Limited | ₹240 Cr | Open | |
| 24 Feb 2023 | 100688668 | Idbi Trusteeship Services Limited | ₹800 Cr | Satisfied | |
| 14 Nov 2017 | 100141558 | Others | ₹300 Cr | Satisfied | |
| 12 Nov 2016 | 100060237 | Idbi Trusteeship Services Limited | ₹324.5 Cr | Satisfied |
To see the full charge records of Aashman Energy Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Aashman Energy Private Limited has 4 deals on record (2 funding rounds, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹59.99 Cr; the latest was in October 2016.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2016 | Funding round | ₹11.7 Cr | Investors: Greenko Solar Energy Private Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Sunedison Netherlands Apac Holdco Bv, an individual Seller: 2 individuals |
| Feb 2016 | Funding round | ₹12.18 Cr | Investors: an individual |
To see the full deal history of Aashman Energy Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aashman Energy Private Limited has 2 court cases on record: 2 filed by Aashman Energy. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 2 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against individuals | Pending |
To see the full case history of Aashman Energy Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Aashman Energy Private Limited was last rated by Care on 27 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 27 Sep 2021 |
To see the full credit ratings and regulatory alerts of Aashman Energy Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aashman Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aashman Energy has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AANCA8796P1ZE | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aashman Energy Private Limited, buy the company report.
Recent activity
Aashman Energy Private Limited has 12 board changes on record since 2016: 2 appointments and 10 cessations. The latest: Kannankurich Ramalingam Sivakumar ceased to be Additional Director on 29 Sep 2023.
12 earlier events are in the company report.
News
Frequently asked questions
Aashman Energy is an active private limited company based in Hyderabad, Telangana, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 02 November 2015 (11+ years old) and is registered under CIN U40102TS2015PTC200947.
Aashman Energy has 2 current directors:
- Rama Gopal Thota - Director
- Kannankurich Ramalingam Sivakumar - Director
The latest financial statements of Aashman Energy on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Aashman Energy is 37AANCA8796P1ZE, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Aashman Energy is U40102TS2015PTC200947. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aashman Energy has 2 court cases on record: 2 filed by the company. 2 are pending.
Aashman Energy was incorporated on 02 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Hyderabad.
Aashman Energy has 4 deals on record (2 funding rounds, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹59.99 Cr; the latest was in October 2016.
The peers of Aashman Energy by revenue are Candi Solar Private Limited, Walwhan Solar BH Limited, Divyesh Power Private Limited, Solarcraft TN 1 Private Limited, Skypower Solar India Private Limited and 4 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Kannankurich Ramalingam Sivakumar ceased to be Additional Director on 29 Sep 2023. Kannankurich Ramalingam Sivakumar was appointed as Director on 31 Mar 2023. Dandamudi Nagendra ceased to be Additional Director on 28 Sep 2018. Aashman Energy has 12 board changes on record in total.
Aashman Energy can be reached through the website greenkogroup.com. Its registered office is in Hyderabad, Telangana, India.