About Avaada Mhkhamgaon Private Limited
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Avaada Mhkhamgaon 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 11 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 U40300UP2019PTC124398. Its GSTIN is 27AATCA0395A1ZP (Maharashtra).
The company has an authorised share capital of ₹88 Cr and a paid-up capital of ₹75 Cr. It is led by directors Ravi Kant Verma and Prashant Choubey.
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 ₹38.6 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹9.81 Cr (net margin 25.4%) and EBITDA of ₹34.38 Cr (EBITDA margin 89.1%). Revenue has grown at a compounded annual rate (CAGR) of 26% 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 ₹181.1 Cr and satisfied charges of ₹377 Cr on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹74.99 Cr; the latest was in September 2020. Its 8 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 4 larger and 4 smaller; the largest is Solarfield Energy Two Private Limited with revenue of ₹38.98 Cr.
For more details, the company can be reached via its website avaadaenergy.com.
Company details
Contact details
Avaada Mhkhamgaon 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 Mhkhamgaon 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 Mhkhamgaon 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 Mhkhamgaon 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 Mhkhamgaon Private Limited, buy the company report.
Financials of Avaada Mhkhamgaon Private Limited
FY 2025 filings availableAvaada Mhkhamgaon Private Limited reported revenue of ₹38.6 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over three years, including 5% growth in the latest year. EBITDA rose 5% 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 | ₹34.38 Cr | ||||
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| Net Profit (PAT) | ₹9.81 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 | 89.1% | ||||
| Net Profit Margin | 25.4% | ||||
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To see the full financial statements and ratios of Avaada Mhkhamgaon Private Limited, buy the company report.
Board of directors of Avaada Mhkhamgaon Private Limited
Avaada Mhkhamgaon 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 |
|---|---|---|---|---|
| Ravi Kant Verma Also directs: Meja Hospitality Services LLP, Avaada Gjclean Private Limited, Avaada Mhrenewable3 Private Limited and 5 more | Director | 04 Aug 2020 | 6 Years 3 Months | Current |
| Prashant Choubey | Director | 11 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Avaada Mhkhamgaon Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Solarfield Energy Two Private Limited | ₹38.98 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Abrel Solar Power Limited | ₹38.92 Cr (FY 2025) | 39.0% | Mumbai, Maharashtra, India | |||
| Acme Raipur Solar Power Private Limited | ₹38.91 Cr (FY 2025) | 2.0% | Gurgaon, Haryana, India | |||
| Azure Power Infrastructure Private Limited | ₹38.8 Cr (FY 2025) | -42.0% | New Delhi, Delhi, India | |||
| Avaada Mhkhamgaon Private Limitedthis company | ₹38.6 Cr (FY 2025) | ₹9.81 Cr | 25.4% | 5.0% | 1 | Noida, Uttar Pradesh, India |
| Amplus Energy Solutions Private Limited | ₹38.54 Cr (FY 2020) | New Delhi, Delhi, India | ||||
| First Energy 3 Private Limited | ₹38.51 Cr (FY 2025) | 29.0% | Pune, Maharashtra, India | |||
| Sand Land Real Estates Private Limited | ₹38.12 Cr (FY 2024) | 0.0% | Ahmedabad, Gujarat, India | |||
| Solarcraft Koppal Private Limited | ₹37.9 Cr (FY 2025) | -6.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Avaada Mhkhamgaon Private Limited, buy the company report.
Auditor
Avaada Mhkhamgaon Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2022 | 117366W |
Shareholding
The shareholding of Avaada Mhkhamgaon Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 Mhkhamgaon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2023 | 100671755 | Others | ₹10 Lakh | Open | |
| 28 Sep 2022 | 100619587 | Others | ₹181 Cr | Open | |
| 10 Sep 2020 | 100372145 | Others | ₹188.5 Cr | Satisfied | |
| 10 Sep 2020 | 100374957 | Others | ₹188.5 Cr | Satisfied |
To see the full charge records of Avaada Mhkhamgaon Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Avaada Mhkhamgaon Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹74.99 Cr; the latest was in September 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2020 | Funding round | ₹74.99 Cr | Investors: Viraj Solar Maharashtra Private Limited , STT Global Data Centres India 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 Mhkhamgaon 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 Mhkhamgaon 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 Mhkhamgaon Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avaada Mhkhamgaon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avaada Mhkhamgaon Private Limited has a workforce of 1 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Avaada Mhkhamgaon has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCA0395A1ZP | Maharashtra | Active | 12 Jan 2020 |
To see the full GST registrations and return filing status of Avaada Mhkhamgaon Private Limited, buy the company report.
Recent activity
Avaada Mhkhamgaon Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Ravi Kant Verma ceased to be Additional Director on 28 Sep 2020.
3 earlier events are in the company report.
News
Frequently asked questions
Avaada Mhkhamgaon 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 11 December 2019 (7+ years old) and is registered under CIN U40300UP2019PTC124398.
Avaada Mhkhamgaon has 2 current directors:
- Ravi Kant Verma - Director
- Prashant Choubey - Director
The latest financial statements of Avaada Mhkhamgaon 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 Mhkhamgaon is 27AATCA0395A1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avaada Mhkhamgaon is U40300UP2019PTC124398. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avaada Mhkhamgaon was incorporated on 11 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Avaada Mhkhamgaon has 1 deal on record (1 funding round), with disclosed funding of ₹74.99 Cr; the latest was in September 2020.
The peers of Avaada Mhkhamgaon by revenue are Solarfield Energy Two Private Limited, Abrel Solar Power Limited, Acme Raipur Solar Power Private Limited, Azure Power Infrastructure Private Limited, Amplus Energy Solutions Private Limited and 3 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Ravi Kant Verma ceased to be Additional Director on 28 Sep 2020. Swapan Kumar Panda ceased to be Director on 07 Aug 2020. Ravi Kant Verma was appointed as Director on 04 Aug 2020. Avaada Mhkhamgaon has 4 board changes on record in total.
Avaada Mhkhamgaon can be reached through the website avaadaenergy.com. Its registered office is in Noida, Uttar Pradesh, India.
The registered office of Avaada Mhkhamgaon is at C – 11 Sector – 65, Noida, Uttar Pradesh, India – 201301.
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