- Category
- Small (2023-24)
- Udyam number
- UDYAM-UP-28-0020653

About Avaada Bankabihar Private Limited
Data last updated:
Avaada Bankabihar Private Limited is a private limited company based in Noida, Uttar Pradesh, India, a subsidiary of Avaada Energy Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 28 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U40106UP2019PTC123956. Its GSTIN is 10AASCA9938J1Z7 (Bihar).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Sandeep Mahesh and Thozhutharathu Ramachandran Kishor Nair.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 11 Sector – 65, Noida, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2025, the company reported a revenue of ₹93.4 Lakh, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹15.8 Lakh (net margin 16.9%) and EBITDA of ₹52.6 Lakh (EBITDA margin 56.3%). Revenue has grown at a compounded annual rate (CAGR) of 132% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Avaada Group. As per MCA filings, the company has satisfied charges of ₹2 Cr on record. The company has 1 deal on record (1 rights issue); the latest was in January 2022. Its 5 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 2 smaller; the largest is Skag Solar Urja Private Limited with revenue of ₹95.16 Lakh.
Avaada Bankabihar Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0020653). For more details, the company can be reached via its website avaada.com.
Company details
Recognitions & Rankings of Avaada Bankabihar
Contact details
Avaada Bankabihar Private Limited's registered office is in Noida, Uttar Pradesh. Its website is avaada.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressC – 11 Sector – 65, Noida, Uttar Pradesh, India – 201301
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Avaada Bankabihar 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
Avaada Bankabihar operates one associated brand: Avaada Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Renewable energy projects in solar, wind, and storage are developed. | avaada.com |
Business activity
The main business activity of Avaada Bankabihar 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 Avaada Bankabihar Private Limited, buy the company report.
Financials of Avaada Bankabihar Private Limited
FY 2025 filings availableAvaada Bankabihar Private Limited reported revenue of ₹93.4 Lakh (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 132% over three years, including 10% growth in the latest year. EBITDA rose 5% 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 |
|---|---|---|---|---|---|
| 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 | ₹52.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.8 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 56.3% | ||||
| Net Profit Margin | 16.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Avaada Bankabihar Private Limited, buy the company report.
Board of directors of Avaada Bankabihar Private Limited
Avaada Bankabihar has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Mahesh Also directs: Avaada Rjclean Private Limited, Avaada Sataramh Private Limited, Avaada Solar Energy Private Limited and 5 more | Director | 28 Nov 2019 | 6 Years 11 Months | Current |
| Thozhutharathu Ramachandran Kishor Nair Also directs: Avaada Clean Knproject Private Limited, Avaada Mhsolar Private Limited, Solarsys Non-Conventional Energy Private Limited and 5 more | Director | 28 Nov 2019 | 6 Years 11 Months | Current |
Peer comparison
Avaada Bankabihar Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Skag Solar Urja Private Limited | ₹95.16 Lakh (FY 2025) | 4.0% | Nainital, Uttarakhand, India | |||
| Torp Solar Asset Private Limited | ₹95.1 Lakh (FY 2022) | Pune, Maharashtra, India | ||||
| Mullai Renewables Private Limited | ₹93.98 Lakh (FY 2025) | 1508.0% | Delhi, India | |||
| Avaada Bankabihar Private Limitedthis company | ₹93.4 Lakh (FY 2025) | ₹15.8 Lakh | 16.9% | 10.0% | Noida, Uttar Pradesh, India | |
| Radiance Sunlight Private Limited | ₹93.02 Lakh (FY 2025) | -3.0% | New Delhi, Delhi, India | |||
| Oppl SPV Har Private Limited | ₹92.19 Lakh (FY 2025) | -5.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Avaada Bankabihar Private Limited, buy the company report.
Auditor
Avaada Bankabihar Private Limited is audited by GOYAL MALHOTRA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOYAL MALHOTRA & ASSOCIATES | FY 2023 | 008015C |
Shareholding
The shareholding of Avaada Bankabihar Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Avaada Bankabihar Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Aug 2020 | 100358375 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Avaada Bankabihar Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Avaada Bankabihar Private Limited has 1 deal on record (1 rights issue); the latest was in January 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Rights issue | ₹1.49 Cr | Investors: Avaada Energy Private Limited |
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 Avaada Bankabihar 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 Avaada Bankabihar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avaada Bankabihar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AASCA9938J1Z7 | Bihar | Active | 30 Jul 2020 |
To see the full GST registrations and return filing status of Avaada Bankabihar Private Limited, buy the company report.
Recent activity
Avaada Bankabihar Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Sandeep Mahesh was appointed as Director on 28 Nov 2019.
News
Frequently asked questions
Avaada Bankabihar is an active private limited company based in Noida, Uttar Pradesh, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 28 November 2019 (7+ years old) and is registered under CIN U40106UP2019PTC123956.
Avaada Bankabihar has 2 current directors:
- Sandeep Mahesh - Director
- Thozhutharathu Ramachandran Kishor Nair - Director
The latest financial statements of Avaada Bankabihar on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Avaada Bankabihar is 10AASCA9938J1Z7, registered in Bihar.
The CIN (Corporate Identification Number) of Avaada Bankabihar is U40106UP2019PTC123956. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avaada Bankabihar was incorporated on 28 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Avaada Bankabihar has 1 deal on record (1 rights issue); the latest was in January 2022.
The peers of Avaada Bankabihar by revenue are Skag Solar Urja Private Limited, Torp Solar Asset Private Limited, Mullai Renewables Private Limited, Radiance Sunlight Private Limited, Oppl SPV Har Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Sandeep Mahesh was appointed as Director on 28 Nov 2019. Thozhutharathu Ramachandran Kishor Nair was appointed as Director on 28 Nov 2019.
Yes, Avaada Bankabihar is registered as a small enterprise under Udyam registration (number: UDYAM-UP-28-0020653).
Avaada Bankabihar can be reached through the website avaada.com. Its registered office is in Noida, Uttar Pradesh, India.

