About Avaada Knsolar Private Limited
Data last updated:
Avaada Knsolar Private Limited is a private limited company based in Noida, Uttar Pradesh, India, a subsidiary of Avaada Indiclean Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 19 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U40106UP2021PTC143855. Its GSTIN is 29AAUCA9736C1Z5 (Karnataka).
The company has an authorised share capital of ₹38.78 Cr and a paid-up capital of ₹38.76 Cr. It is led by directors Jay Shankar Shukla and Murtuza Kakuji.
Its last annual general meeting (AGM) was held on 26 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 ₹18.63 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹89.3 Lakh (net margin 4.8%) and EBITDA of ₹14.12 Cr (EBITDA margin 75.8%). Revenue has grown at a compounded annual rate (CAGR) of 1000% over three years.
The company has about 1 employee 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 ₹84.74 Cr and satisfied charges of ₹193.96 Cr on record.
For more details, the company can be reached via its website avaada.com.
Company details
Contact details
Avaada Knsolar 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
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Avaada Knsolar 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
Brands
Avaada Knsolar 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 Knsolar 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 Knsolar Private Limited, buy the company report.
Financials of Avaada Knsolar Private Limited
FY 2025 filings availableAvaada Knsolar Private Limited reported revenue of ₹18.63 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1000% over three years, including 1% growth in the latest year. EBITDA fell 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 | ₹14.12 Cr | ||||
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| Net Profit (PAT) | ₹89.3 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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| EBITDA Margin | 75.8% | ||||
| Net Profit Margin | 4.8% | ||||
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To see the full financial statements and ratios of Avaada Knsolar Private Limited, buy the company report.
Board of directors of Avaada Knsolar Private Limited
Avaada Knsolar 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 | 28 Jan 2022 | 4 Years 9 Months | Current |
| Murtuza Kakuji Also directs: Avaada Sunbeam Energy Private Limited, Avaada Kngreen Private Limited, Avaada Indigreen Private Limited and 5 more | Director | 19 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Avaada Knsolar Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Solarcraft Infrastructure and Services Private Limited | ₹18.98 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Lanco Solar (Gujarat) Private Limited | ₹18.87 Cr (FY 2025) | -60.0% | Hyderabad, Telangana, India | |||
| Avaada Knsolar Private Limitedthis company | ₹18.63 Cr (FY 2025) | ₹89.3 Lakh | 4.8% | 1.0% | Noida, Uttar Pradesh, India | |
| Neemuch Solar Power Private Limited | ₹18.6 Cr (FY 2025) | -7.0% | Gurugram, Haryana, India | |||
| Enerparc Solar Power 2 Private Limited | ₹18.59 Cr (FY 2025) | 69.0% | Bangalore, Karnataka, India | |||
| Avaada Mhyavat Private Limited | ₹18.54 Cr (FY 2025) | 14.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Avaada Knsolar Private Limited, buy the company report.
Auditor
Avaada Knsolar 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 | 00815C |
Shareholding
The shareholding of Avaada Knsolar 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 Knsolar Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Aug 2024 | 100972587 | Others | ₹81.76 Cr | Open | |
| 24 Mar 2022 | 100558644 | Indian Bank | ₹1.23 Cr | Open | |
| 24 Mar 2022 | 100558647 | Indian Bank | ₹1.75 Cr | Open | |
| 21 Mar 2022 | 100556572 | Others | ₹81.74 Cr | Satisfied | |
| 21 Mar 2022 | 100556576 | Others | ₹45.64 Cr | Satisfied |
To see the full charge records of Avaada Knsolar Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving Avaada Knsolar 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 Knsolar Private Limited was last rated by Care on 09 Oct 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 09 Oct 2025 |
To see the full credit ratings and regulatory alerts of Avaada Knsolar Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avaada Knsolar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avaada Knsolar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAUCA9736C1Z5 | Karnataka | Active | 06 Aug 2021 |
To see the full GST registrations and return filing status of Avaada Knsolar Private Limited, buy the company report.
Recent activity
Avaada Knsolar Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Jay Shankar Shukla ceased to be Additional Director on 27 Sep 2022.
7 earlier events are in the company report.
News
Frequently asked questions
Avaada Knsolar is an active private limited company based in Noida, Uttar Pradesh, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 19 March 2021 (5+ years old) and is registered under CIN U40106UP2021PTC143855.
Avaada Knsolar has 2 current directors:
- Jay Shankar Shukla - Director
- Murtuza Kakuji - Director
The latest financial statements of Avaada Knsolar on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Avaada Knsolar is 29AAUCA9736C1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Avaada Knsolar is U40106UP2021PTC143855. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avaada Knsolar was incorporated on 19 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Avaada Knsolar by revenue are Solarcraft Infrastructure and Services Private Limited, Lanco Solar (Gujarat) Private Limited, Neemuch Solar Power Private Limited, Enerparc Solar Power 2 Private Limited, Avaada Mhyavat Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Jay Shankar Shukla ceased to be Additional Director on 27 Sep 2022. Mitish Manoharlal Somani ceased to be Director on 29 Jan 2022. Jay Shankar Shukla was appointed as Director on 28 Jan 2022. Avaada Knsolar has 4 board changes on record in total.
Avaada Knsolar can be reached through the website avaada.com. Its registered office is in Noida, Uttar Pradesh, India.
The registered office of Avaada Knsolar is at C – 11 Sector – 65 Gautam Buddha Nagar, Noida, Uttar Pradesh, India – 201301.
Avaada Knsolar operates in the environment industry, in the solar energy solutions segment.