About Avaada Indiclean Private Limited
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Avaada Indiclean Private Limited is a private limited company based in Noida, Uttar Pradesh, India, a subsidiary of Avaada Energy Private Limited. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 16 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U40106UP2021PTC152305. Its GSTIN is 29AAVCA7945A1Z9 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sandeep Mahesh and Paridhi Khetan.
Its last annual general meeting (AGM) was held on 24 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 ₹6.16 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹34 Lakh (net margin -5.5%) and EBITDA of ₹2.09 Cr (EBITDA margin 34%). Revenue has grown at a compounded annual rate (CAGR) of 280% over three years.
Its group structure includes 3 subsidiaries.
As per MCA filings, the company has open charges of ₹565.14 Cr and satisfied charges of ₹186.5 Cr on record.
For more details, the company can be reached via its website avaada.com.
Company details
Contact details
Avaada Indiclean Private Limited's registered office is in Noida, Uttar Pradesh. Its website is avaada.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
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Avaada Indiclean 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
Business activity
The main business activity of Avaada Indiclean 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 Indiclean Private Limited, buy the company report.
Financials of Avaada Indiclean Private Limited
FY 2025 filings availableAvaada Indiclean Private Limited reported revenue of ₹6.16 Cr (up 188% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 280% over three years, including 188% growth in the latest year. EBITDA rose 51% 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 |
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| EBITDA | ₹2.09 Cr | |||
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| Net Profit (PAT) | -₹34 Lakh | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | ||||
| EBITDA Margin | 34% | |||
| Net Profit Margin | -5.5% | |||
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To see the full financial statements and ratios of Avaada Indiclean Private Limited, buy the company report.
Board of directors of Avaada Indiclean Private Limited
Avaada Indiclean has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| 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 Jan 2022 | 4 Years 8 Months | Current |
| Paridhi Khetan Also directs: Avaada Green Knproject Private Limited | Director | 28 Jan 2022 | 4 Years 8 Months | Current |
Peer comparison
Avaada Indiclean Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Sei Arjun Power Private Limited | ₹6.26 Cr (FY 2024) | -29.0% | Chennai, Tamil Nadu, India | |||
| Power Trading India Private Limited | ₹6.16 Cr (FY 2020) | 22.0% | Chennai, Tamil Nadu, India | |||
| Avaada Indiclean Private Limitedthis company | ₹6.16 Cr (FY 2025) | -₹34 Lakh | -5.5% | 188.0% | Noida, Uttar Pradesh, India | |
| Tri Solar Private Limited | ₹6.15 Cr (FY 2025) | -7.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Avaada Indiclean Private Limited, buy the company report.
Auditor
Avaada Indiclean Private Limited is audited by M/S Goyal Malhotra & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/S Goyal Malhotra & Associates | FY 2023 | 008015C |
Shareholding
The shareholding of Avaada Indiclean Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Avaada Indiclean Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2024 | 100993064 | Others | ₹46.58 Cr | Open | |
| 30 Sep 2024 | 100993070 | Others | ₹59.73 Cr | Open | |
| 30 Sep 2024 | 100993084 | Others | ₹81.76 Cr | Open | |
| 22 Aug 2024 | 100972681 | Others | ₹59.73 Cr | Open | |
| 22 Aug 2024 | 100972804 | Others | ₹46.58 Cr | Open |
To see the full charge records of Avaada Indiclean Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
No court or tribunal cases involving Avaada Indiclean 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 Indiclean Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Avaada Indiclean has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Avaada Knyadgir Private Limited | U40100UP2021PTC153423 | |
| Avaada Knsolar Private Limited | U40106UP2021PTC143855 | |
| Avaada Knshorapur Private Limited | U40200UP2021PTC153297 |
To see the full group structure of Avaada Indiclean Private Limited, buy the company report.
GST
Avaada Indiclean has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAVCA7945A1Z9 | Karnataka | Active | 09 Nov 2021 |
To see the full GST registrations and return filing status of Avaada Indiclean Private Limited, buy the company report.
Recent activity
Avaada Indiclean Private Limited has 6 board changes on record since 2021: 4 appointments and 2 cessations. The latest: Mitish Manoharlal Somani ceased to be Director on 29 Jan 2022.
17 earlier events are in the company report.
News
Frequently asked questions
Avaada Indiclean is an active private limited company based in Noida, Uttar Pradesh, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 16 September 2021 (5+ years old) and is registered under CIN U40106UP2021PTC152305.
Avaada Indiclean has 2 current directors:
- Sandeep Mahesh - Director
- Paridhi Khetan - Director
The latest financial statements of Avaada Indiclean on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Avaada Indiclean is 29AAVCA7945A1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Avaada Indiclean is U40106UP2021PTC152305. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avaada Indiclean was incorporated on 16 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Avaada Indiclean by revenue are Sei Arjun Power Private Limited, Power Trading India Private Limited, Tri Solar Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Mitish Manoharlal Somani ceased to be Director on 29 Jan 2022. Murtuza Kakuji ceased to be Director on 29 Jan 2022. Paridhi Khetan was appointed as Director on 28 Jan 2022. Avaada Indiclean has 6 board changes on record in total.
Avaada Indiclean can be reached through the website avaada.com. Its registered office is in Noida, Uttar Pradesh, India.
The registered office of Avaada Indiclean is at C – 11 Sector – 65 Gautam Buddha Nagar, Noida, Uttar Pradesh, India – 201301.
Avaada Indiclean operates in the energy and power industry, in the power transmission and distribution services segment.