About Avaada Green Hnproject Private Limited
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Avaada Green Hnproject Private Limited is a private limited company based in Mumbai, Maharashtra, 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 07 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40300MH2018PTC437445. Its GSTIN is 06AAQCA8729B1ZK (Haryana).
The company has an authorised share capital of ₹75 Cr and a paid-up capital of ₹54.75 Cr. It is led by directors Thozhutharathu Ramachandran Kishor Nair and Prashant Choubey.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.45 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹59.9 Lakh (net margin 2.7%) and EBITDA of ₹20.22 Cr (EBITDA margin 90.1%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Avaada Group. As per MCA filings, the company has open charges of ₹128.39 Cr and satisfied charges of ₹139.83 Cr on record. The company has 1 deal on record (1 acquisition); the latest was in April 2021. Its 6 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 2 larger and 4 smaller; the largest is Precious Energy Services Limited with revenue of ₹22.66 Cr.
For more details, the company can be reached via its website avaada.com.
Company details
CIN history
Avaada Green Hnproject has one previous CIN (Corporate Identification Number): U40300DL2018PTC333560. The current CIN is U40300MH2018PTC437445, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40300MH2018PTC437445 | Current |
| U40300DL2018PTC333560 | Previous |
Contact details
Avaada Green Hnproject Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address406 4th Floor Solaris One, N. S. Phadke Marg, Mumbai, Maharashtra, India – 400069
- IndustryEnvironment, Solar Energy Solutions
- 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 Green Hnproject 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 Green Hnproject 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 Green Hnproject Private Limited, buy the company report.
Financials of Avaada Green Hnproject Private Limited
FY 2025 filings availableAvaada Green Hnproject Private Limited reported revenue of ₹22.45 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 46% over three years, including 4% growth in the latest year. EBITDA rose 7% 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 |
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| EBITDA | ₹20.22 Cr | ||||
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| Net Profit (PAT) | ₹59.9 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 90.1% | ||||
| Net Profit Margin | 2.7% | ||||
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To see the full financial statements and ratios of Avaada Green Hnproject Private Limited, buy the company report.
Board of directors of Avaada Green Hnproject Private Limited
Avaada Green Hnproject has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thozhutharathu Ramachandran Kishor Nair Also directs: Avaada Clean Knproject Private Limited, Avaada Mhsolar Private Limited, Avaada Bankabihar Private Limited and 5 more | Director | 27 Aug 2018 | 8 Years 2 Months | Current |
| Prashant Choubey Also directs: Avaada Sunce Energy Private Limited, Avaada Ventures Private Limited, KMF Nandini Avaada KN Private Limited and 5 more | Director | 10 Jan 2022 | 4 Years 9 Months | Current |
Peer comparison
Avaada Green Hnproject Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Precious Energy Services Limited | ₹22.66 Cr (FY 2025) | -4.0% | Ahmedabad, Gujarat, India | |||
| Globus Steel & Power Private Limited | ₹22.66 Cr (FY 2025) | -9.0% | New Delhi, Delhi, India | |||
| Avaada Green Hnproject Private Limitedthis company | ₹22.45 Cr (FY 2025) | ₹59.9 Lakh | 2.7% | 4.0% | Mumbai, Maharashtra, India | |
| PV Line Power One Private Limited | ₹22.43 Cr (FY 2025) | -3.0% | Bangalore, Karnataka, India | |||
| Solitaire Energies Limited | ₹22.39 Cr (FY 2025) | -5.0% | Ahmedabad, Gujarat, India | |||
| Atria Solar Power (Ryapte) Private Limited | ₹22.37 Cr (FY 2024) | 1.0% | Bangalore, Karnataka, India | |||
| Shirish Enterprises Private Limited | ₹22.36 Cr (FY 2016) | Hyderabad, Telangana, India |
To see the full peer comparison of Avaada Green Hnproject Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2022 | 100658579 | Idbi Trusteeship Services Limited | ₹128.39 Cr | Open | |
| 03 May 2021 | 100440880 | Others | ₹129.83 Cr | Satisfied | |
| 05 Dec 2020 | 100398108 | Sbicap Trustee Company Limited | ₹10 Cr | Satisfied |
To see the full charge records of Avaada Green Hnproject Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Avaada Green Hnproject Private Limited has 1 deal on record (1 acquisition); the latest was in April 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2021 | Acquisition | ₹28.04 Cr | Buyer: 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 Green Hnproject Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Avaada Green Hnproject Private Limited was last rated by Indiarating on 14 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 14 Jul 2021 |
To see the full credit ratings and regulatory alerts of Avaada Green Hnproject Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avaada Green Hnproject Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avaada Green Hnproject has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAQCA8729B1ZK | Haryana | Active | 28 Jul 2018 |
To see the full GST registrations and return filing status of Avaada Green Hnproject Private Limited, buy the company report.
Recent activity
Avaada Green Hnproject Private Limited has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Prashant Choubey ceased to be Additional Director on 28 Sep 2022.
5 earlier events are in the company report.
News
Frequently asked questions
Avaada Green Hnproject is an active private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 07 May 2018 (8+ years old) and is registered under CIN U40300MH2018PTC437445.
Avaada Green Hnproject has 2 current directors:
- Thozhutharathu Ramachandran Kishor Nair - Director
- Prashant Choubey - Director
The latest financial statements of Avaada Green Hnproject 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 2019 are in the company report.
The GSTIN of Avaada Green Hnproject is 06AAQCA8729B1ZK, registered in Haryana.
The CIN (Corporate Identification Number) of Avaada Green Hnproject is U40300MH2018PTC437445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avaada Green Hnproject was incorporated on 07 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Avaada Green Hnproject has 1 deal on record (1 acquisition); the latest was in April 2021.
The peers of Avaada Green Hnproject by revenue are Precious Energy Services Limited, Globus Steel & Power Private Limited, PV Line Power One Private Limited, Solitaire Energies Limited, Atria Solar Power (Ryapte) Private Limited and 1 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Prashant Choubey ceased to be Additional Director on 28 Sep 2022. Prashant Choubey was appointed as Director on 10 Jan 2022. Deepak Kumar Saxena ceased to be Additional Director on 27 Sep 2019. Avaada Green Hnproject has 7 board changes on record in total.
Avaada Green Hnproject can be reached through the website avaada.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Avaada Green Hnproject is at 406 4th Floor Solaris One, N. S. Phadke Marg, Mumbai, Maharashtra, India – 400069.
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