Avaada Mhgreen Private Limited
About Avaada Mhgreen Private Limited
Data last updated:
Avaada Mhgreen Private Limited is a private limited company based in Noida, Uttar Pradesh, 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 29 June 2022.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U40100UP2022PTC166749. Its GSTIN is 27AAXCA2536P1ZV (Maharashtra).
The company has an authorised share capital of ₹174 Cr and a paid-up capital of ₹173.81 Cr. It is led by directors Rajesh Bihari Dwivedi and Gopal Goel.
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 ₹52.25 Cr. For the same year it recorded a net profit of ₹1.6 Cr (net margin 3.1%) and EBITDA of ₹48.12 Cr (EBITDA margin 92.1%).
As per MCA filings, the company has open charges of ₹397.4 Cr and satisfied charges of ₹56.57 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Avaada Mhgreen Private Limited's registered office is in Noida, Uttar Pradesh. Its e-mail address is in the company report.
- Email
- 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 Mhgreen 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 Mhgreen 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 |
Financials of Avaada Mhgreen Private Limited
FY 2025 filings availableAvaada Mhgreen Private Limited reported revenue of ₹52.25 Cr for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | ₹48.12 Cr | ||
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| Net Profit (PAT) | ₹1.6 Cr | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 92.1% | ||
| Net Profit Margin | 3.1% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Avaada Mhgreen Private Limited, buy the company report.
Board of directors of Avaada Mhgreen Private Limited
Avaada Mhgreen has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Bihari Dwivedi Also directs: Avaada Mhsustainable3 Private Limited, KMF Nandini Avaada KN Private Limited, Avaada Knyadgir Private Limited and 5 more | Director | 29 Jun 2022 | 4 Years 4 Months | Current |
| Gopal Goel Also directs: KMF Nandini Avaada KN Private Limited, Avaada Knyadgir Private Limited, Avaada Insustainable Private Limited and 5 more | Director | 29 Jun 2022 | 4 Years 4 Months | Current |
Peer comparison
Avaada Mhgreen 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 |
|---|---|---|---|---|---|---|
| U R Energy (India) Private Limited | ₹53.19 Cr (FY 2024) | -40.0% | Ahmedabad, Gujarat, India | |||
| Athena Karnal Solar Power Private Limited | ₹53.18 Cr (FY 2025) | -6.0% | New Delhi, Delhi, India | |||
| Neo Solren Private Limited | ₹52.36 Cr (FY 2025) | 28.0% | Mumbai, Maharashtra, India | |||
| Avaada Mhgreen Private Limitedthis company | ₹52.25 Cr (FY 2025) | ₹1.6 Cr | 3.1% | Noida, Uttar Pradesh, India | ||
| Azure Power (Raj.) Private Limited | ₹52.19 Cr (FY 2025) | -14.0% | New Delhi, Delhi, India | |||
| Sunshakti Solar Power Projects Private Limited | ₹52.17 Cr (FY 2025) | 1.0% | Ahmedabad, Gujarat, India | |||
| Athena Hisar Solar Power Private Limited | ₹52.09 Cr (FY 2025) | -7.0% | New Delhi, Delhi, India |
To see the full peer comparison of Avaada Mhgreen Private Limited, buy the company report.
Auditor
Avaada Mhgreen 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 Mhgreen Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Avaada Mhgreen Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jan 2024 | 100842028 | Others | ₹397.4 Cr | Open | |
| 12 Jan 2024 | 100864334 | Others | ₹45.2 Cr | Satisfied | |
| 07 Jul 2023 | 100753868 | Indian Bank | ₹58.44 Lakh | Satisfied | |
| 07 Jul 2023 | 100754149 | Indian Bank | ₹10.78 Cr | Satisfied |
To see the full charge records of Avaada Mhgreen Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Avaada Mhgreen Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company | Disposed |
To see the full case history of Avaada Mhgreen Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avaada Mhgreen Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avaada Mhgreen Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Avaada Mhgreen has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAXCA2536P1ZV | Maharashtra | Active | 28 Feb 2023 |
To see the full GST registrations and return filing status of Avaada Mhgreen Private Limited, buy the company report.
Recent activity
Avaada Mhgreen Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Gopal Goel was appointed as Director on 29 Jun 2022.
News
Frequently asked questions
Avaada Mhgreen 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 29 June 2022 (4+ years old) and is registered under CIN U40100UP2022PTC166749.
Avaada Mhgreen has 2 current directors:
- Rajesh Bihari Dwivedi - Director
- Gopal Goel - Director
The latest financial statements of Avaada Mhgreen 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 2023 are in the company report.
The GSTIN of Avaada Mhgreen is 27AAXCA2536P1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avaada Mhgreen is U40100UP2022PTC166749. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avaada Mhgreen has 1 court case on record: 1 filed against it.
Avaada Mhgreen was incorporated on 29 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Avaada Mhgreen by revenue are U R Energy (India) Private Limited, Athena Karnal Solar Power Private Limited, Neo Solren Private Limited, Azure Power (Raj.) Private Limited, Sunshakti Solar Power Projects Private Limited and 1 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Gopal Goel was appointed as Director on 29 Jun 2022. Rajesh Bihari Dwivedi was appointed as Director on 29 Jun 2022.
The registered office of Avaada Mhgreen is at C – 11 Sector – 65 Gautam Buddha Nagar, Noida, Uttar Pradesh, India – 201301.
Avaada Mhgreen operates in the environment industry, in the solar energy solutions segment.
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