About Ashiaan Solar Private Limited
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Ashiaan Solar Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the electric power generation segment of the energy sector. It was incorporated on 20 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U40106MP2018PTC046645.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashish Kumar Agrawal and Suchi Agrawal.
Its last annual general meeting (AGM) was held on 14 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 242 Kalpana Nagar Barkheda Road, Bhopal Madhya Pradesh, Madhya Pradesh, India – 462022.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.01 Lakh, a growth of 132% compared to the previous year. For the same year it recorded a net loss of ₹35,627 (net margin -1.9%) and EBITDA of ₹2.77 Lakh (EBITDA margin 14.6%). Revenue has grown at a compounded annual rate (CAGR) of 82% over three years and 26% over five years.
For more details, the company can be reached via its website vivaansolar.com.
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- Registered Address242 Kalpana Nagar Barkheda Road, Bhopal Madhya Pradesh, Madhya Pradesh, India – 462022
- IndustryEnergy, Electric Power Generation
- 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
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Business Activity of Ashiaan Solar Private Limited
The main business activity of Ashiaan Solar is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ashiaan Solar Private Limited FY 2025 filings available
Ashiaan Solar Private Limited reported revenue of ₹19.01 Lakh (up 132% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ashiaan Solar Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 132% growth in the latest year. EBITDA fell 6% 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 of Ashiaan Solar Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.77 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹35,627 | •••• | •••• | •••• | •••• |
| 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 of Ashiaan Solar Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ashiaan Solar are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Ashiaan Solar Private Limited
Ashiaan Solar has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Kumar Agrawal | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
| Suchi Agrawal | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
Peer Comparison of Ashiaan Solar Private Limited
Ashiaan Solar Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Electric power generation, transmission and distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Torrent Power Services Private Limited | ₹19.3 Lakh (FY 2025) | •••• | •••• | 17.0% | •••• | Ahmedabad, Gujarat, India |
| Opg Power & Infrastructure Private Limited | ₹19.2 Lakh (FY 2024) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Vadoba Automation & Engineer's Private Limited | ₹19.19 Lakh (FY 2023) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| DSV Prime Power Ventures Private Limited | ₹19.16 Lakh (FY 2025) | •••• | •••• | -50.0% | •••• | Perinthalmanna, Kerala, India |
| Simcon Power & Infrastructure Private Limited | ₹19.05 Lakh (FY 2025) | •••• | •••• | -100.0% | •••• | Bhopal, Madhya Pradesh, India |
| Ashiaan Solar Private Limited this company | ₹19.01 Lakh (FY 2025) | •••• | •••• | 132.0% | •••• | Bhopal, Madhya Pradesh, India |
| Mytrah Vayu (Kaveri) Private Limited | ₹19 Lakh (FY 2024) | •••• | •••• | 10.0% | •••• | Hyderabad, Telangana, India |
| Sorus Power Private Limited | ₹19 Lakh (FY 2018) | •••• | •••• | -25.0% | •••• | Delhi, India |
| Victor Energy Private Limited | ₹19 Lakh (FY 2025) | •••• | •••• | -36.0% | •••• | Dehradun, Uttarakhand, India |
| Pannai Wind Farm Private Limited | ₹18.99 Lakh (FY 2024) | •••• | •••• | -2.0% | •••• | Theni, Tamil Nadu, India |
| Eden Renewable Bercy Private Limited | ₹18.99 Lakh (FY 2025) | •••• | •••• | 547.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Ashiaan Solar by revenue in the same principal business activity (Electric power generation, transmission and distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Ashiaan Solar Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ashiaan Solar Private Limited
Ashiaan Solar Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ashiaan Solar Private Limited
Employment history and EPFO contributions of people linked to Ashiaan Solar.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ashiaan Solar Private Limited
Ashiaan Solar Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Ashish Kumar Agrawal was appointed as Director on 20 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Ashiaan Solar Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ashiaan Solar Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ashiaan Solar Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ashiaan Solar Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ashiaan Solar Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Ashiaan Solar Private Limited
Frequently Asked Questions about Ashiaan Solar Private Limited
Ashiaan Solar is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in electric power generation, within the energy industry. It was incorporated on 20 September 2018 (8+ years old) and is registered under CIN U40106MP2018PTC046645.
Ashiaan Solar reported revenue of ₹19.01 Lakh for FY 2025 (up 132% YoY).
Ashiaan Solar has 2 current directors:
- Ashish Kumar Agrawal - Director
- Suchi Agrawal - Director
Ashiaan Solar reported a net loss of ₹35,627 (net margin -1.9%) and EBITDA of ₹2.77 Lakh (EBITDA margin 14.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashiaan Solar is 82% over three years and 26% over five years. In the latest year (FY 2025) revenue rose 132%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Ashiaan Solar is U40106MP2018PTC046645. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashiaan Solar was incorporated on 20 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Ashiaan Solar by revenue are Torrent Power Services Private Limited, Opg Power & Infrastructure Private Limited, Vadoba Automation & Engineer's Private Limited, DSV Prime Power Ventures Private Limited, Simcon Power & Infrastructure Private Limited and 5 more, all in the same principal business activity (Electric power generation, transmission and distribution).
Ashish Kumar Agrawal was appointed as Director on 20 Sep 2018. Suchi Agrawal was appointed as Director on 20 Sep 2018.
Ashiaan Solar can be reached through the website vivaansolar.com. Its registered office is in Bhopal, Madhya Pradesh, India.
The registered office of Ashiaan Solar is at 242 Kalpana Nagar Barkheda Road, Bhopal Madhya Pradesh, Madhya Pradesh, India – 462022.