About Areva Solar India Private Limited
Data last updated:
Areva Solar India Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Areva Solar Inc, Usa. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 25 November 2011.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U40300TN2011PTC089552. Its GSTIN is 33AAKCA0304J1Z5 (Tamil Nadu). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹960 Cr and a paid-up capital of ₹877.75 Cr. It is led by directors Vikram Yogesh Shah and Steven Lee Lobb.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2017, the company reported a revenue of ₹26.82 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹21.88 Cr (net margin 81.6%) and EBITDA of ₹21.88 Cr (EBITDA margin 81.6%).
The company has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹877.74 Cr; the latest was in April 2016.
The last known website on record is areva.com.
Company details
CIN history
Areva Solar India has one previous CIN (Corporate Identification Number): U40300MH2011PTC224389. The current CIN is U40300TN2011PTC089552, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40300TN2011PTC089552 | Current |
| U40300MH2011PTC224389 | Previous |
Contact details
Areva Solar India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is areva.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.12/18 Rms Apartments 3rd Floor Gopalakrishna Street Pondy Bazaar T. N, Agar, Chennai, Tamil Nadu, India – 600017
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Areva Solar India 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
Business activity
The main business activity of Areva Solar India is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
Financials of Areva Solar India Private Limited
FY 2017 filings availableAreva Solar India Private Limited reported revenue of ₹26.82 Cr (up 1998% YoY) for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹26.82 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹21.88 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹21.88 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 81.6% | ||
| Net Profit Margin | 81.6% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
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| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Areva Solar India Private Limited, buy the company report.
Board of directors of Areva Solar India Private Limited
Areva Solar India has 2 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Yogesh Shah Also directs: Interactions Virtual Assistant India LLP, Whittle School and Studios Management LLP, Eb Knowledge Centre LLP and 5 more | Director | 31 Jan 2018 | 8 Years 9 Months | As last reported |
| Steven Lee Lobb | Director | 21 Mar 2018 | 8 Years 7 Months | As last reported |
Auditor
Areva Solar India Private Limited is audited by S R B C & CO LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2017 | 324982E |
Shareholding
The shareholding of Areva Solar India Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Areva Solar India Private Limited, buy the company report.
Deals & funding
Areva Solar India Private Limited has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹877.74 Cr; the latest was in April 2016.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2016 | Funding round | ₹193.2 Cr | Investors: Areva Solar Inc |
| Feb 2016 | Funding round | ₹337.15 Cr | Investors: Areva Solar Inc |
| Jul 2014 | Funding round | ₹210 Cr | Investors: Areva Solar Inc |
| Sep 2013 | Funding round | ₹122.9 Cr | Investors: Areva Solar Inc |
| Aug 2012 | Funding round | ₹14.49 Cr | Investors: Areva Solar Inc |
To see the full deal history of Areva Solar India 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
No court or tribunal cases involving Areva Solar India 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 Areva Solar India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Areva Solar India Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Areva Solar India has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCA0304J1Z5 | Tamil Nadu | Active | 01 Sep 2017 |
| 08AAKCA0304J1ZY | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Areva Solar India Private Limited, buy the company report.
Recent activity
Areva Solar India Private Limited has 19 board changes on record since 2012: 2 appointments and 17 cessations. The latest: Sam Shakir ceased to be Director on 05 Apr 2018.
10 earlier events are in the company report.
News
Frequently asked questions
Areva Solar India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Areva Solar India is a company under liquidation, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 25 November 2011 and is registered under CIN U40300TN2011PTC089552. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Areva Solar India has 2 current directors:
- Vikram Yogesh Shah - Director
- Steven Lee Lobb - Director
The latest financial statements of Areva Solar India on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Areva Solar India is U40300TN2011PTC089552. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Areva Solar India was incorporated on 25 November 2011. It is registered with the Registrar of Companies, Chennai.
Areva Solar India has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹877.74 Cr; the latest was in April 2016.
Sam Shakir ceased to be Director on 05 Apr 2018. Namrata Champakbhai Lad ceased to be Company Secretary on 29 Mar 2018. Steven Lee Lobb ceased to be Additional Director on 29 Mar 2018. Areva Solar India has 19 board changes on record in total.
Areva Solar India can be reached through the website areva.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Areva Solar India is at No.1218 Rms Apartments 3rd Floor Gopalakrishna Street Pondy Bazaar T. N, Agar, Chennai, Tamil Nadu, India – 600017.
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