About Avaada Floating Solar MH Private Limited
Data last updated:
Avaada Floating Solar MH Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the distribution of gaseous segment of the oil and gas sector. It was incorporated on 13 March 2018.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U40200MH2018PTC306432.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Jay Shankar Shukla and Mitish Manoharlal Somani.
Its last annual general meeting (AGM) was held on 28 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 406 4th Floor Hubtown Solaris N.S. Phadke Marg, Mumbai, Maharashtra, India – 400069.
The company was associated with 1 brand: Avaada Group.
The last known website on record is avaada.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address406 4th Floor Hubtown Solaris N.S. Phadke Marg, Mumbai, Maharashtra, India – 400069
- IndustryOil & Gas, Distribution Of Gaseous, Manufacturing, Gas
- 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
- One PDF report, delivered after checkout
Associated Brands
Avaada Floating Solar MH 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 Floating Solar MH 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
Financials of Avaada Floating Solar MH Private Limited
FY 2020 filings availableFinancial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18in the company report |
|---|---|---|
| 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 | •••• | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | •••• | |
| 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 2018-19 | FY 2017-18in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | •••• | |
| Net Profit Margin | •••• | |
| 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, and every line for FY 2017-18, 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 Avaada Floating Solar MH are in the company report.
: available in the company report
Board of Directors of Avaada Floating Solar MH Private Limited
Avaada Floating Solar MH has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jay Shankar Shukla Also directs: Meja Hospitality Services LLP, Avaada Sunbeam Energy Private Limited, Avaada Kngreen Private Limited and 5 more | Director | 04 Aug 2020 | 6 Years 2 Months | As last reported |
| Mitish Manoharlal Somani | Director | 13 Mar 2018 | 8 Years 7 Months | As last reported |
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Avaada Floating Solar MH Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Avaada Floating Solar MH.
: available in the company report
Recent Activity
Avaada Floating Solar MH Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Jay Shankar Shukla ceased to be Additional Director on 28 Sep 2020.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
Avaada Floating Solar MH has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Avaada Floating Solar MH was a private limited company based in Mumbai, Maharashtra, India. The company worked in distribution of gaseous, within the oil and gas industry. It was incorporated on 13 March 2018 and is registered under CIN U40200MH2018PTC306432. The company has been struck off by the Registrar of Companies and is no longer operational.
Avaada Floating Solar MH had 2 directors:
- Jay Shankar Shukla - Director
- Mitish Manoharlal Somani - Director
The CIN (Corporate Identification Number) of Avaada Floating Solar MH is U40200MH2018PTC306432. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Avaada Floating Solar MH is at 406 4th Floor Hubtown Solaris N.S. Phadke Marg, Mumbai, Maharashtra, India – 400069.
Avaada Floating Solar MH was incorporated on 13 March 2018. It is registered with the Registrar of Companies, Mumbai.
Avaada Floating Solar MH can be reached through the website avaada.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Avaada Floating Solar MH on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 28 September 2020. Year-wise statements from FY 2018 are in the company report.
Avaada Floating Solar MH operated in the oil and gas industry, in the distribution of gaseous segment. It worked in this industry before it was struck off.
Jay Shankar Shukla ceased to be Additional Director on 28 Sep 2020. Bhawin Jayant Shah ceased to be Director on 07 Aug 2020. Jay Shankar Shukla was appointed as Director on 04 Aug 2020. Avaada Floating Solar MH has 5 board changes on record in total.