About Avaada Mhamravati Private Limited
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Avaada Mhamravati Private Limited is a private limited company based in Noida, Uttar Pradesh, India, a subsidiary of Avaada Mhsolar Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 02 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U40106UP2019PTC124014. Its GSTIN is 09AASCA9990Q1Z8 (Uttar Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹44 Cr and a paid-up capital of ₹43.75 Cr. It was formerly known as Avaada Upproject Private Limited. It is led by directors Sandeep Mahesh and Gulab Singh.
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, Noida, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.21 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net loss of ₹26.6 Lakh (net margin -1.5%) and EBITDA of ₹14.57 Cr (EBITDA margin 84.6%). Revenue has grown at a compounded annual rate (CAGR) of 731% over three years.
The company is associated with 1 brand: Avaada Group. As per MCA filings, the company has open charges of ₹112.38 Cr and satisfied charges of ₹142.25 Cr on record. The company has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹7.52 Cr; the latest was in March 2023. Its 10 peer companies in the Cleantech industry (Solar Power) are compared by revenue, 5 larger and 5 smaller; the largest is Avighna Solarfarms Limited with revenue of ₹17.54 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 avaada.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressC – 11 Sector – 65, Noida, Uttar Pradesh, India – 201301
- 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
- One PDF report, delivered after checkout
Business Activity of Avaada Mhamravati Private Limited
The main business activity of Avaada Mhamravati 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
Verified entity values are shown only after access is granted.
Financials of Avaada Mhamravati Private Limited FY 2025 filings available
Avaada Mhamravati Private Limited reported revenue of ₹17.21 Cr (up 43% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Avaada Mhamravati Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 731% over three years, including 43% growth in the latest year. EBITDA rose 73% 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 of Avaada Mhamravati Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹14.57 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹26.6 Lakh | •••• | •••• | •••• | •••• |
| 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 of Avaada Mhamravati Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 84.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.5% | •••• | •••• | •••• | •••• |
| 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 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 Mhamravati are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Avaada Mhamravati Private Limited
Avaada Mhamravati Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Solar Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avighna Solarfarms Limited | ₹17.54 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Ahmedabad, Gujarat, India |
| Samta Energy Private Limited | ₹17.54 Cr (FY 2025) | •••• | •••• | -62.0% | •••• | Mumbai, Maharashtra, India |
| Ghanpur Solar Private Limited | ₹17.38 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Gurgaon, Haryana, India |
| JBM Solar Power Private Limited | ₹17.27 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| Terralight Solar Energy Charanka Private Limited | ₹17.26 Cr (FY 2022) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Avaada Mhamravati Private Limited this company | ₹17.21 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Noida, Uttar Pradesh, India |
| Sri Power Generation (India) Private Limited | ₹17.18 Cr (FY 2020) | •••• | •••• | 17.0% | •••• | Hyderabad, Telangana, India |
| Rudra Solarfarms Private Limited | ₹17.11 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| FP Orion Private Limited | ₹17.06 Cr (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Clean Max Aditya Power Private Limited | ₹17.05 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Auro Power Systems Private Limited | ₹17.04 Cr (FY 2017) | •••• | •••• | 1.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Avaada Mhamravati by revenue in the Cleantech industry (Solar Power), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Avaada Mhamravati Private Limited
Avaada Mhamravati Private Limited is audited by GOYAL MALHOTRA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GOYAL MALHOTRA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Avaada Mhamravati Private Limited
Avaada Mhamravati 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 | 02 Dec 2019 | 6 Years 10 Months | Current |
| Gulab Singh Also directs: Avaada Rjclean Private Limited, Avaada Sataramh Private Limited, Avaada Sunshine Energy Private Limited and 5 more | Director | 25 Apr 2023 | 3 Years 5 Months | Current |
Ownership and Shareholding of Avaada Mhamravati Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Avaada Mhamravati Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Aug 2024 | Others | ₹101 Cr | Open |
| 01 Jul 2022 | Indian Bank | ₹6.26 Cr | Open |
| 01 Jul 2022 | Indian Bank | ₹5.12 Cr | Open |
| 27 Jan 2022 | Yes Bank Limited | ₹46 Cr | Satisfied |
| 04 Jan 2022 | Others | ₹96.25 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Avaada Mhamravati Private Limited
Avaada Mhamravati Private Limited has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹7.52 Cr; the latest was in March 2023.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Funding round | ₹2.4 Cr | Investors: Nxtra Data Limited |
| Jun 2022 | Funding round | ₹5.12 Cr | Investors: Nxtra Data Limited |
| Mar 2022 | Rights issue | ₹32.37 Cr | Investors: Avaada Mhsolar Private Limited |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Avaada Mhamravati Private Limited
Avaada Mhamravati 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 |
Employees and EPFO Compliance at Avaada Mhamravati Private Limited
Employment history and EPFO contributions of people linked to Avaada Mhamravati.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Avaada Mhamravati Private Limited
Recent Activity on Avaada Mhamravati Private Limited
Avaada Mhamravati Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Gulab Singh was appointed as Director on 25 Apr 2023.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Avaada Mhamravati Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Avaada Mhamravati Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Avaada Mhamravati Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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GST Compliance of Avaada Mhamravati Private Limited
Avaada Mhamravati has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AASCA9990Q1Z8 | Uttar Pradesh | Active | 05 Apr 2021 |
| 27AASCA9990Q1ZA | Maharashtra | Active | 20 Jun 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Avaada Mhamravati Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Avaada Mhamravati Private Limited
Avaada Mhamravati 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 02 December 2019 (7+ years old) and is registered under CIN U40106UP2019PTC124014.
Avaada Mhamravati reported revenue of ₹17.21 Cr for FY 2025 (up 43% YoY).
Avaada Mhamravati has 2 current directors:
- Sandeep Mahesh - Director
- Gulab Singh - Director
Avaada Mhamravati reported a net loss of ₹26.6 Lakh (net margin -1.5%) and EBITDA of ₹14.57 Cr (EBITDA margin 84.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avaada Mhamravati is 731% over three years. In the latest year (FY 2025) revenue rose 43%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Avaada Mhamravati is 09AASCA9990Q1Z8, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AASCA9990Q1ZA (Maharashtra).
The CIN (Corporate Identification Number) of Avaada Mhamravati is U40106UP2019PTC124014. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avaada Mhamravati was incorporated on 02 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Avaada Mhamravati has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹7.52 Cr; the latest was in March 2023.
The peers of Avaada Mhamravati by revenue are Avighna Solarfarms Limited, Samta Energy Private Limited, Ghanpur Solar Private Limited, JBM Solar Power Private Limited, Terralight Solar Energy Charanka Private Limited and 5 more, all in the Cleantech industry (Solar Power).
Gulab Singh was appointed as Director on 25 Apr 2023. Thozhutharathu Ramachandran Kishor Nair ceased to be Director on 25 Apr 2023. Sandeep Mahesh was appointed as Director on 02 Dec 2019. Avaada Mhamravati has 4 board changes on record in total.