About Avaada Mhsustainable Private Limited
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Avaada Mhsustainable 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 28 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U40106UP2019PTC123961. Its GSTIN is 27AASCA9942N1ZO (Maharashtra).
The company has an authorised share capital of ₹225 Cr and a paid-up capital of ₹225 Cr. It was formerly known as Avaada Rjmh Private Limited. It is led by directors Gulab Singh and Radha Malayil Saraswathi Amma.
Its last annual general meeting (AGM) was held on 29 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 ₹135.65 Cr. For the same year it recorded a net loss of ₹1.34 Cr (net margin -1%) and EBITDA of ₹120.39 Cr (EBITDA margin 88.8%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹856.25 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 1 deal on record (1 acquisition); the latest was in November 2021. Its 4 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 1 smaller; the largest is Yarrow Infrastructure Private Limited with revenue of ₹140.83 Cr.
For more details, the company can be reached via its website avaada.com.
Company details
Contact details
Avaada Mhsustainable 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
- Social Media
- Registered AddressC – 11 Sector – 65, Noida, Uttar Pradesh, India – 201301
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Avaada Mhsustainable 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 Mhsustainable 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 Mhsustainable Private Limited, buy the company report.
Financials of Avaada Mhsustainable Private Limited
FY 2025 filings availableAvaada Mhsustainable Private Limited reported revenue of ₹135.65 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over three years. EBITDA fell 1% 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 | ₹120.39 Cr | ||||
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| Net Profit (PAT) | -₹1.34 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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| EBITDA Margin | 88.8% | ||||
| Net Profit Margin | -1% | ||||
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To see the full financial statements and ratios of Avaada Mhsustainable Private Limited, buy the company report.
Board of directors of Avaada Mhsustainable Private Limited
Avaada Mhsustainable has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gulab Singh Also directs: Avaada Inclean Private Limited, Avaada Rjclean Private Limited, Avaada Knnandini Private Limited and 5 more | Director | 28 Oct 2022 | 4 Years 0 Months | Current |
| Radha Malayil Saraswathi Amma Also directs: Avaada Solar Energy Private Limited, Viraj Solar Maharashtra Private Limited, Avaada Sustainable Energy Private Limited and 4 more | Director | 28 Nov 2019 | 6 Years 11 Months | Current |
Peer comparison
Avaada Mhsustainable Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Yarrow Infrastructure Private Limited | ₹140.83 Cr (FY 2025) | 1.0% | Gurgaon, Haryana, India | |||
| Solaire Surya Urja Private Limited | ₹139.5 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Azure Power Pluto Private Limited | ₹138.86 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Avaada Mhsustainable Private Limitedthis company | ₹135.65 Cr (FY 2025) | -₹1.34 Cr | -1% | 6 | Noida, Uttar Pradesh, India | |
| Continuum MP Windfarm Development Private Limited | ₹132.85 Cr (FY 2025) | 390.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Avaada Mhsustainable Private Limited, buy the company report.
Auditor
Avaada Mhsustainable 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 Mhsustainable 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 Mhsustainable Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jan 2022 | 100528283 | Others | ₹821.25 Cr | Open | |
| 14 Sep 2021 | 100480588 | Sbicap Trustee Company Limited | ₹35 Cr | Open |
To see the full charge records of Avaada Mhsustainable Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Avaada Mhsustainable Private Limited has 1 deal on record (1 acquisition); the latest was in November 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Acquisition | ₹152.99 Cr | Buyer: Avaada Energy Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Avaada Mhsustainable Private Limited has 1 court case on record: 1 filed by Avaada Mhsustainable. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Central Board of Indirect Taxes and Customs & Ors. | Disposed |
To see the full case history of Avaada Mhsustainable 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 Mhsustainable Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avaada Mhsustainable Private Limited has a workforce of 6 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Avaada Mhsustainable has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASCA9942N1ZO | Maharashtra | Active | 15 Sep 2020 |
To see the full GST registrations and return filing status of Avaada Mhsustainable Private Limited, buy the company report.
Recent activity
Avaada Mhsustainable Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Mittal Ranchhoddas Gori ceased to be Company Secretary on 03 Apr 2024.
News
Frequently asked questions
Avaada Mhsustainable 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 28 November 2019 (7+ years old) and is registered under CIN U40106UP2019PTC123961.
Avaada Mhsustainable has 2 current directors:
- Gulab Singh - Director
- Radha Malayil Saraswathi Amma - Director
The latest financial statements of Avaada Mhsustainable on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Avaada Mhsustainable is 27AASCA9942N1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avaada Mhsustainable is U40106UP2019PTC123961. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avaada Mhsustainable has 1 court case on record: 1 filed by the company.
Avaada Mhsustainable was incorporated on 28 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Kanpur.
Avaada Mhsustainable has 1 deal on record (1 acquisition); the latest was in November 2021.
The peers of Avaada Mhsustainable by revenue are Yarrow Infrastructure Private Limited, Solaire Surya Urja Private Limited, Azure Power Pluto Private Limited, Continuum MP Windfarm Development Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Mittal Ranchhoddas Gori ceased to be Company Secretary on 03 Apr 2024. Gulab Singh ceased to be Additional Director on 26 Sep 2023. Gulab Singh was appointed as Director on 28 Oct 2022. Avaada Mhsustainable has 6 board changes on record in total.
Avaada Mhsustainable can be reached through the website avaada.com. Its registered office is in Noida, Uttar Pradesh, India.
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