- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0056910

About Acva Solar Private Limited
Data last updated:
Acva Solar Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 03 August 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40106GJ2010PTC061832. Its GSTIN is 24AAICA8149H1ZK (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹40 Lakh. It is led by directors Aparna Chetan Vyas and Vyas Chetan Jaywant.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Vadodara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.25 Cr, a growth of 98% compared to the previous year. For the same year it recorded a net profit of ₹8.72 Lakh (net margin 1.1%) and EBITDA of ₹22.33 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 34% over five years.
The company is associated with 1 brand: ACVA Solar. As per MCA filings, the company has open charges of ₹1.5 Cr on record.
Acva Solar Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0056910). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website acvasolar.com.
Company details
Recognitions & Rankings of Acva Solar
Contact details
Acva Solar Private Limited's registered office is in Vadodara, Gujarat. Its website is acvasolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 59/60 Plot No. 06 'Aum' Nera Sri Ravishankar School Gotri – Sevasi Road G, Otri, Vadodara, Gujarat, India – 390021
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Acva Solar Private Limited, buy the company report.
- 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
Acva Solar operates one associated brand: ACVA Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops and installs solar power systems for renewable energy in India. | acvasolar.com |
Business activity
The main business activity of Acva Solar is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Acva Solar Private Limited, buy the company report.
Financials of Acva Solar Private Limited
FY 2025 filings availableAcva Solar Private Limited reported revenue of ₹8.25 Cr (up 98% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 98% growth in the latest year. EBITDA rose 90% 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 | ₹22.33 Lakh | ||||
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| Net Profit (PAT) | ₹8.72 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Acva Solar Private Limited, buy the company report.
Board of directors of Acva Solar Private Limited
Acva Solar has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aparna Chetan Vyas Also directs: Acva Biz Ideas Private Limited | Director | 24 Apr 2025 | 1 Years 6 Months | Current |
| Vyas Chetan Jaywant Also directs: Acva Biz Ideas Private Limited | Director | 03 Aug 2010 | 16 Years 2 Months | Current |
Peer comparison
Acva Solar Private Limited is compared with the 6 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Renuka Powertech Private Limited | ₹8.35 Cr (FY 2024) | 107.0% | Sonipat, Haryana, India | |||
| Britsun Energies Private Limited | ₹8.34 Cr (FY 2024) | 155.0% | New Delhi, Delhi, India | |||
| Gravin Earthing & Lightning Protection System Private Limited | ₹8.33 Cr (FY 2025) | -9.0% | Chennai, Tamil Nadu, India | |||
| Namison Powertech Private Limited | ₹8.27 Cr (FY 2025) | -3.0% | Bharuch, Gujarat, India | |||
| Acva Solar Private Limitedthis company | ₹8.25 Cr (FY 2025) | ₹8.72 Lakh | 1.1% | 98.0% | Vadodara, Gujarat, India | |
| Teco Electrical Industries Private Limited | ₹8.23 Cr (FY 2024) | -64.0% | Vadodara, Gujarat, India | |||
| Sharp Thermal Engineers Private Limited | ₹8.22 Cr (FY 2024) | 52.0% | Pune, Maharashtra, India |
To see the full peer comparison of Acva Solar Private Limited, buy the company report.
Auditor
Acva Solar Private Limited is audited by C N K & ASSOCIATES LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C N K & ASSOCIATES LLP | FY 2021 | 101961W |
Shareholding
The shareholding of Acva Solar Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Acva Solar Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Feb 2024 | 100908597 | Others | ₹1.25 Cr | Open | |
| 23 Jan 2024 | 100908604 | Others | ₹25 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Acva Solar Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Acva Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Acva Solar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICA8149H1ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Acva Solar Private Limited, buy the company report.
Recent activity
Acva Solar Private Limited has 8 board changes on record since 2010: 3 appointments and 5 cessations. The latest: Aparna Chetan Vyas ceased to be Director on 29 Sep 2025.
1 earlier event is in the company report.
Frequently asked questions
Acva Solar is an active private limited company based in Vadodara, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 03 August 2010 (16+ years old) and is registered under CIN U40106GJ2010PTC061832.
Acva Solar has 2 current directors:
- Aparna Chetan Vyas - Director
- Vyas Chetan Jaywant - Director
The latest financial statements of Acva Solar on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Acva Solar is 24AAICA8149H1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of Acva Solar is U40106GJ2010PTC061832. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Acva Solar was incorporated on 03 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Acva Solar by revenue are Renuka Powertech Private Limited, Britsun Energies Private Limited, Gravin Earthing & Lightning Protection System Private Limited, Namison Powertech Private Limited, Teco Electrical Industries Private Limited and 1 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Aparna Chetan Vyas ceased to be Director on 29 Sep 2025. Aparna Chetan Vyas was appointed as Director on 24 Apr 2025. Mehul Bharatkumar Thanawala ceased to be Additional Director on 30 Oct 2021. Acva Solar has 8 board changes on record in total.
Yes, Acva Solar is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0056910).
Acva Solar can be reached through the website acvasolar.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Acva Solar is at Survey No. 5960 Plot No. 06 Aum Nera Sri Ravishankar School Gotri – Sevasi Road G, Otri, Vadodara, Gujarat, India – 390021.

