Avaada Clean Energy Private Limited - Company Profile

It is a environment private limited company based in Mumbai, Maharashtra, India, established in 2015.

2015 Mumbai, Maharashtra, India Active

Last Updated: January 08, 2026

About Avaada Clean Energy Private Limited

Avaada Clean Energy Private Limited, a active private limited company, was established on 12 January 2015 in Mumbai, Maharashtra, India. Engaging in solar energy solutions within the electricity, gas, steam and air condition supply sector, it holds CIN: U40106MH2015PTC436054. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹3.84 Cr and a paid-up capital of ₹3.83 Cr.

Formerly known as Welspun Clean Energy Private Limited, Avaada Clean Energy Private Limited. It upholds a compliant status. Employing 1 professional, Its leadership includes Jay Shankar Shukla (Director), Murtuza Kakuji (Director). Past directors included Jay Shankar Shukla, Murtuza Kakuji, Bhawin Jayant Shah. It holds ₹190.50 Cr open charges and ₹22.96 Cr settled loans. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2025. It is based at 406, 4Th Floor, Solaris One,, N. S. Phadke Marg,, Mumbai, Maharashtra, 400069.

Company Details

CIN/LLPIN
U40106MH2015PTC436054
Registration Number
436054
Incorporation Date
12 January 2015
Authorized Capital
₹3.84 Cr
Paid-Up Capital
₹3.83 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 3.84 Cr as on 08-01-2026
Paid Up Capital ₹ 3.83 Cr as on 08-01-2026
Company Age 11 Year, 4 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 190.50 Cr as on 08-01-2026
Satisfied Charges ₹ 22.96 Cr as on 08-01-2026

Comprehensive Company Insights

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Who are the key members and board of directors at Avaada Clean Energy Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Jay Shankar Shukla	Director	04 Aug 2020	Current
Murtuza Kakuji	Director	28 Jan 2022	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	28 Sep 2020	Past
Pramod Abcsdd	Additional Director	26 Sep 2022	Past
Pramod Abcsdd	Director	07 Aug 2020	Past
Pramod Abcsdd	Director	14 Sep 2016	Past
Pramod Abcsdd	Additional Director	29 Sep 2017	Past
Pramod Abcsdd	Director	29 Jan 2022	Past

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Financial Performance of Avaada Clean Energy.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

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What is the Ownership and Shareholding Structure of Avaada Clean Energy?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹1,905,000,000.00

Satisfied Charges

₹229,600,000.00

Charges Breakdown by Lending Institutions

Others : 190.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
23 Feb 2021	Others	₹168.00 Cr	Open
17 Feb 2021	Others	₹22.50 Cr	Open
23 Apr 2019	Others	₹6.00 M	Satisfied
06 Jul 2018	Others	₹22.36 Cr	Satisfied

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How Many Employees Work at Avaada Clean Energy?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Avaada Clean Energy

Recent Activity within the Organization

Annual General Meeting

The activity Avaada Clean Energy Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was completed.
25 Sep 2025
Balance Sheet

Avaada Clean Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.
31 Mar 2025
Charges

The activity A charge with Others of Rs. 168.00 Cr registered on 23 Feb 2021 with Charge ID 100420715 was modified on 30 Mar 2022. was completed.
30 Mar 2022
Director Appointment

The activity Murtuza Kakuji was appointed as a Director was appointed as a Director on 28 Jan 2022 & has been associated with this company since 4 years 3 months . was completed.
28 Jan 2022
Charges

Progress on A charge with Others of Rs. 22.50 Cr registered on 17 Feb 2021 with Charge ID 100430637 was modified on 30 Sep 2021. was documented.
30 Sep 2021
Charges

A charge registered on 06 Jul 2018 via Charge ID 100190521 with Others was fully satisfied on 12 Apr 2021. was recorded as a recent event.
12 Apr 2021

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