About Avaada Electro Limited
Data last updated:
Avaada Electro Limited is a public limited company based in Noida, Uttar Pradesh, India, a subsidiary of Avaada Ventures Private Limited. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 27 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U31905UP2021PLC145680. Its GSTIN is 09AAVCA1596P1ZL (Uttar Pradesh). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹3,000 Cr and a paid-up capital of ₹771.15 Cr. It was formerly known as Avaada Electro Private Limited. It is led by directors including Vinoo George (Whole-Time Director) and Vineet Mittal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 11 Sector – 65 Gautam Buddha Nagar, Noida, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2025, the company reported a revenue of ₹933.09 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹173.3 Cr (net margin 18.6%) and EBITDA of ₹241.68 Cr (EBITDA margin 25.9%).
The company has about 36 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Avaada Solar. As per MCA filings, the company has open charges of ₹6,787 Cr and satisfied charges of ₹300 Cr on record. Court records list 8 cases involving the company, including 6 filed by the company and 2 filed against it. The company has 1 deal on record (1 rights issue); the latest was in April 2022. Its 5 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 3 smaller; the largest is Franke Faber India Private Limited with revenue of ₹1,033.29 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avaadaenergy.com.
Company details
CIN history
Avaada Electro has one previous CIN (Corporate Identification Number): U31905UP2021PTC145680. The current CIN is U31905UP2021PLC145680, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31905UP2021PLC145680 | Current |
| U31905UP2021PTC145680 | Previous |
Contact details
Avaada Electro Limited's registered office is in Noida, Uttar Pradesh. Its website is avaadaenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 11 Sector – 65 Gautam Buddha Nagar, Noida, Uttar Pradesh, India – 201301
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Avaada Electro 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 Electro operates one associated brand: Avaada Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-efficiency solar modules for utility, commercial, and residential use. | avaadasolar.com |
Business activity
The main business activity of Avaada Electro 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 |
Financials of Avaada Electro Limited
FY 2025 filings availableAvaada Electro Limited reported revenue of ₹933.09 Cr (up 2986% YoY) for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹933.09 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹241.68 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹173.3 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 25.9% | |||
| Net Profit Margin | 18.6% | |||
| 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 Electro Limited, buy the company report.
Board of directors and KMP of Avaada Electro Limited
Avaada Electro Limited currently reports 6 directors and 2 key managerial personnel. 5 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaushal Gautambhai Shah | Cfo | 14 Aug 2025 | 1 Years 2 Months | Current |
| Surendra Gupta | Company Secretary | 30 Sep 2025 | 1 Years 0 Months | Current |
| Subhash Kamath Also directs: Brand Musiq Private Limited | Director | 15 Oct 2025 | 1 Years 0 Months | Current |
| Vinoo George Also directs: Avaada Ventures Private Limited, Avaada Hydrocharge Private Limited, Avaada Glass Private Limited and 5 more | Whole-Time Director | 30 Jun 2021 | 5 Years 3 Months | Current |
| Sindoor Vineet Mittal | Director | 06 Sep 2025 | 1 Years 1 Months | Current |
| Vineet Mittal | Whole-Time Director | 30 Sep 2025 | 1 Years 0 Months | Current |
Peer comparison
Avaada Electro Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), 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 |
|---|---|---|---|---|---|---|
| Franke Faber India Private Limited | ₹1,033.29 Cr (FY 2025) | 18.0% | Pune, Maharashtra, India | |||
| Radhika Opto Electronics Limited | ₹1,008.16 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Avaada Electro Limitedthis company | ₹933.09 Cr (FY 2025) | ₹173.3 Cr | 18.6% | 2986.0% | Noida, Uttar Pradesh, India | |
| Genus Electrotech Limited | ₹906.78 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Wonder Electricals Limited | ₹894.93 Cr (FY 2025) | 57.0% | Delhi, India | |||
| Okaya Power Private Limited | ₹841.3 Cr (FY 2025) | -7.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Avaada Electro Limited, buy the company report.
Auditor
Avaada Electro Limited is audited by Deloitte Haskins & Sells for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2025 | 015125N |
Shareholding
The shareholding of Avaada Electro Limited is on record for 4 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Avaada Electro Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2025 | 101134248 | Sbicap Trustee Company Limited | ₹2,575 Cr | Open | |
| 10 Feb 2025 | 101050616 | Sbicap Trustee Company Limited | ₹3,367 Cr | Open | |
| 10 Feb 2025 | 101050625 | Sbicap Trustee Company Limited | ₹145 Cr | Open | |
| 05 Sep 2024 | 100980234 | Others | ₹400 Cr | Open | |
| 22 Aug 2024 | 100969169 | Others | ₹300 Cr | Open |
To see the full charge records of Avaada Electro Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Avaada Electro Limited has 1 deal on record (1 rights issue); the latest was in April 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Rights issue | ₹20 Cr | Investors: Avaada Ventures Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Avaada Electro Limited has 8 court cases on record: 6 filed by Avaada Electro, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 2 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed against the company | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Avaada Electro Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avaada Electro Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avaada Electro has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAVCA1596P1ZL | Uttar Pradesh | Active | 30 Oct 2021 |
| 09AAVCA1596P2ZK | Uttar Pradesh | Active | 13 Mar 2025 |
| 27AAVCA1596P1ZN | Maharashtra | Active | 01 Aug 2024 |
To see the full GST registrations and return filing status of Avaada Electro Limited, buy the company report.
Recent activity
Avaada Electro Limited has 13 board changes on record since 2021: 8 appointments and 5 cessations. The latest: Diana Elizabeth Miller was appointed as Director on 15 Oct 2025.
16 earlier events are in the company report.
News
Frequently asked questions
Avaada Electro is an active public limited company based in Noida, Uttar Pradesh, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 27 April 2021 (5+ years old) and is registered under CIN U31905UP2021PLC145680.
Avaada Electro has 8 current directors and KMP:
- Vinoo George - Whole-Time Director
- Vineet Mittal - Whole-Time Director
- Subhash Kamath - Director
- Sindoor Vineet Mittal - Director
- Rajnish Kumar - Director
- Diana Elizabeth Miller - Director
- Kaushal Gautambhai Shah - Cfo
- Surendra Gupta - Company Secretary
The latest financial statements of Avaada Electro on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Avaada Electro is 09AAVCA1596P1ZL, registered in Uttar Pradesh. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAVCA1596P2ZK (Uttar Pradesh), 27AAVCA1596P1ZN (Maharashtra).
The CIN (Corporate Identification Number) of Avaada Electro is U31905UP2021PLC145680. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avaada Electro has 8 court cases on record: 6 filed by the company and 2 filed against it.
Avaada Electro was incorporated on 27 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Avaada Electro has 1 deal on record (1 rights issue); the latest was in April 2022.
The peers of Avaada Electro by revenue are Franke Faber India Private Limited, Radhika Opto Electronics Limited, Genus Electrotech Limited, Wonder Electricals Limited, Okaya Power Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Diana Elizabeth Miller was appointed as Director on 15 Oct 2025. Rajnish Kumar was appointed as Director on 15 Oct 2025. Subhash Kamath was appointed as Director on 15 Oct 2025. Avaada Electro has 13 board changes on record in total.
Avaada Electro can be reached through the website avaadaenergy.com. Its registered office is in Noida, Uttar Pradesh, India.