About Avaada Mhbuldhana Private Limited
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Avaada Mhbuldhana Private Limited is a private limited company based in Noida, Uttar Pradesh, India, a subsidiary of Viraj Solar Maharashtra Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 27 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U40106UP2019PTC123909. Its GSTIN is 27AASCA9836F1Z4 (Maharashtra).
The company has an authorised share capital of ₹88 Cr and a paid-up capital of ₹87.71 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, Noida, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.61 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹11.59 Cr (net margin 29.3%) and EBITDA of ₹35.51 Cr (EBITDA margin 89.6%). Revenue has grown at a compounded annual rate (CAGR) of 30% 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 ₹169 Cr and satisfied charges of ₹377 Cr on record. The company has 2 deals on record (1 acquisition, 1 funding round), with disclosed funding of ₹22.96 Cr; the latest was in April 2021. Its 7 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 4 smaller; the largest is Mayfair Renewable Energy (I) Private Limited with revenue of ₹39.99 Cr.
For more details, the company can be reached via its website avaadaenergy.com.
Company details
Contact details
Avaada Mhbuldhana Private Limited's registered office is in Noida, Uttar Pradesh. Its website is avaadaenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 11 Sector – 65, Noida, Uttar Pradesh, India – 201301
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Avaada Mhbuldhana 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 Mhbuldhana 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 Mhbuldhana 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 Mhbuldhana Private Limited, buy the company report.
Financials of Avaada Mhbuldhana Private Limited
FY 2025 filings availableAvaada Mhbuldhana Private Limited reported revenue of ₹39.61 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 30% over three years, including 3% growth in the latest year. EBITDA rose 4% 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 | ₹35.51 Cr | ||||
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| Net Profit (PAT) | ₹11.59 Cr | ||||
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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 | 89.6% | ||||
| Net Profit Margin | 29.3% | ||||
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To see the full financial statements and ratios of Avaada Mhbuldhana Private Limited, buy the company report.
Board of directors of Avaada Mhbuldhana Private Limited
Avaada Mhbuldhana 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 |
|---|---|---|---|---|
| Jay Shankar Shukla Also directs: Meja Hospitality Services LLP, Avaada Sunbeam Energy Private Limited, Avaada Kngreen Private Limited and 5 more | Director | 05 Aug 2020 | 6 Years 3 Months | Current |
| Murtuza Kakuji Also directs: Avaada Sunbeam Energy Private Limited, Avaada Kngreen Private Limited, Avaada Indigreen Private Limited and 5 more | Director | 28 Jan 2022 | 4 Years 9 Months | Current |
Peer comparison
Avaada Mhbuldhana Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Mayfair Renewable Energy (I) Private Limited | ₹39.99 Cr (FY 2024) | 72.0% | Shiggaon, Karnataka, India | |||
| GMR Gujarat Solar Power Limited | ₹39.87 Cr (FY 2025) | 2.0% | Bangalore, Karnataka, India | |||
| Clean Solar Power (Chitradurga) Private Limited | ₹39.65 Cr (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Avaada Mhbuldhana Private Limitedthis company | ₹39.61 Cr (FY 2025) | ₹11.59 Cr | 29.3% | 3.0% | 1 | Noida, Uttar Pradesh, India |
| Solarcraft Vijayapura Private Limited | ₹39.59 Cr (FY 2025) | -5.0% | Gurgaon, Haryana, India | |||
| Torrent Saurya Urja 6 Private Limited | ₹39.43 Cr (FY 2025) | -6.0% | Ahmedabad, Gujarat, India | |||
| Solarcraft Kaithal Private Limited | ₹39.37 Cr (FY 2025) | -5.0% | Gurgaon, Haryana, India | |||
| Torrent Saurya Urja 2 Private Limited | ₹39.28 Cr (FY 2025) | 613681.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Avaada Mhbuldhana Private Limited, buy the company report.
Auditor
Avaada Mhbuldhana Private Limited is audited by GOYAL MALHOTRA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOYAL MALHOTRA & ASSOCIATES | FY 2023 | 008015C |
Shareholding
The shareholding of Avaada Mhbuldhana Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Avaada Mhbuldhana Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2022 | 100619880 | Others | ₹169 Cr | Open | |
| 10 Sep 2020 | 100371106 | Others | ₹188.5 Cr | Satisfied | |
| 10 Sep 2020 | 100374470 | Others | ₹188.5 Cr | Satisfied |
To see the full charge records of Avaada Mhbuldhana Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Avaada Mhbuldhana Private Limited has 2 deals on record (1 acquisition, 1 funding round), with disclosed funding of ₹22.96 Cr; the latest was in April 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2021 | Funding round | ₹22.96 Cr | Investors: Bharti Airtel Limited , Kalyani Technoforge Limited , Asahi India Glass Limited |
| Jul 2020 | Acquisition | ₹64.74 Cr | Buyer: Viraj Solar Maharashtra 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 Mhbuldhana 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 Mhbuldhana Private Limited was last rated by Indiarating on 18 May 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 18 May 2021 |
To see the full credit ratings and regulatory alerts of Avaada Mhbuldhana Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avaada Mhbuldhana Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avaada Mhbuldhana Private Limited has a workforce of 1 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of Avaada Mhbuldhana Private Limited, buy the company report.
GST
Avaada Mhbuldhana has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASCA9836F1Z4 | Maharashtra | Active | 24 Dec 2019 |
To see the full GST registrations and return filing status of Avaada Mhbuldhana Private Limited, buy the company report.
Recent activity
Avaada Mhbuldhana Private Limited has 7 board changes on record since 2020: 2 appointments and 5 cessations. The latest: Murtuza Kakuji ceased to be Additional Director on 26 Sep 2022.
5 earlier events are in the company report.
News
Frequently asked questions
Avaada Mhbuldhana 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 27 November 2019 (7+ years old) and is registered under CIN U40106UP2019PTC123909.
Avaada Mhbuldhana has 2 current directors:
- Jay Shankar Shukla - Director
- Murtuza Kakuji - Director
The latest financial statements of Avaada Mhbuldhana 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 2020 are in the company report.
The GSTIN of Avaada Mhbuldhana is 27AASCA9836F1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avaada Mhbuldhana is U40106UP2019PTC123909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avaada Mhbuldhana was incorporated on 27 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Kanpur.
Avaada Mhbuldhana has 2 deals on record (1 acquisition, 1 funding round), with disclosed funding of ₹22.96 Cr; the latest was in April 2021.
The peers of Avaada Mhbuldhana by revenue are Mayfair Renewable Energy (I) Private Limited, GMR Gujarat Solar Power Limited, Clean Solar Power (Chitradurga) Private Limited, Solarcraft Vijayapura Private Limited, Torrent Saurya Urja 6 Private Limited and 2 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Murtuza Kakuji ceased to be Additional Director on 26 Sep 2022. Mitish Manoharlal Somani ceased to be Director on 29 Jan 2022. Murtuza Kakuji was appointed as Director on 28 Jan 2022. Avaada Mhbuldhana has 7 board changes on record in total.
Avaada Mhbuldhana can be reached through the website avaadaenergy.com. Its registered office is in Noida, Uttar Pradesh, India.
The registered office of Avaada Mhbuldhana is at C – 11 Sector – 65, Noida, Uttar Pradesh, India – 201301.
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