About Avaada Solar Energy Private Limited
Data last updated: 08 January 2026
Avaada Solar Energy Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Avaada Energy Private Limited. It specialises in solar energy solutions, a part of the broader environmental services sector. Incorporated on 12 January 2015, the company has been in operation for over 11 years.
Registered with ROC Mumbai under CIN U40104MH2015PTC436170.
Capital: an authorised share capital of ₹44 Cr and a paid-up capital of ₹43.76 Cr. Formerly known as Welspun Solar Energy Private Limited and Avaada Solar Energy Private Limited. It is led by directors Radha Malayil Saraswathi Amma and Sandeep Mahesh.
Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹108.19 Cr, a decline of 18% compared to the previous year.
The company has a workforce of approximately 3 employees as per the latest available data. It operates as a subsidiary of Avaada Energy Private Limited.
The company is associated with 1 brand - Avaada Group. As per MCA filings, the company has open charges of ₹549.3 Cr and satisfied charges of ₹579.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avaadaenergy.com.
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Registered Address406 4Th Floor Solaris One, N. S. Phadke Marg, Mumbai, Maharashtra, India – 400069
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IndustryEnvironment, Solar Energy Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Avaada Solar Energy Private Limited
Avaada Solar Energy Private Limited has undergone 2 name changes throughout its history. The company was previously known as Welspun Solar Energy Private Limited, and Avaada Solar Energy Private Limited. The current legal name is Avaada Solar Energy Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Avaada Solar Energy Private Limited | Current |
| Welspun Solar Energy Private Limited | Previous |
CIN History of Avaada Solar Energy Private Limited
Avaada Solar Energy Private Limited has one previous CIN (Corporate Identification Number): U40104DL2015PTC275209. The current CIN is U40104MH2015PTC436170, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40104MH2015PTC436170 | Current |
| U40104DL2015PTC275209 | Previous |
Associated Brands with Avaada Solar Energy Private Limited
Avaada Solar Energy Private Limited operates one associated brand: Avaada Group. These brands represent Avaada Solar Energy Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Renewable energy projects in solar, wind, and storage are developed. | avaada.com |
Competitors & Alternatives of Avaada Solar Energy Private Limited
Brands and companies operating in the same space as Avaada Solar Energy Private Limited include Octopus Energy, Hero Future Energies, Azure Power and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Octopus Energy
|
Utility bill management platform is provided for tracking and billing. | London, United Kingdom, United Kingdom | 2015 |
Hero Future Energies
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Renewable energy projects are developed for utility-scale and commercial use. | London, United Kingdom, United Kingdom | 2012 |
Azure Power
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Provider of independent power producer in the utility scale renewable energy | Delhi, India, India | 2008 |
ACME Group
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Solar energy projects are developed for sustainable energy solutions. | Gurugram, India, India | 2003 |
Acciona Energy
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Renewable energy is developed, constructed, and marketed globally. | Madrid, Spain, Spain | 1997 |
SolarArise
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Solar energy projects are developed and managed across India. | Gurugram, India, India | 2009 |
Tata Power Renewable Energy
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Power producer and plant developer in the solar and wind energy sector | Mumbai, India, India | 2007 |
Greenko Group
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Energy transition and decarbonization solutions are provided by Greenko Group. | Hyderabad, India, India | 2006 |
Atria Power
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Renewable energy is produced via wind, solar, and hybrid systems. | Bengaluru, India, India | 1999 |
Business Activity of Avaada Solar Energy Private Limited
Avaada Solar Energy Private Limited is engaged in the principal business activity of electricity, gas, steam and air condition supply, with detailed activities including 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 for Avaada Solar Energy Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Board of Directors of Avaada Solar Energy Private Limited
Avaada Solar Energy Private Limited is currently managed by 2 directors, with 7 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radha Malayil Saraswathi Amma | Director | 04 Aug 2020 | 5 Years 11 Months | Current |
|
Sandeep Mahesh
Also directs:
Avaada Rjclean Private Limited, Avaada Sataramh Private Limited, Avaada Sunshine Energy Private Limited and 5 more
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Director | 04 Aug 2020 | 5 Years 11 Months | Current |
Financials of Avaada Solar Energy Private Limited FY 2025 filings available
Avaada Solar Energy Private Limited reported revenue of ₹108.19 Cr (down 18.00% YoY) for FY 2025.
Ten-year financial statements for Avaada Solar Energy Private Limited
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Charges & Borrowings of Avaada Solar Energy Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jul 2022 | Idbi Trusteeship Services Limited | ₹549.3 Cr | Open |
| 07 Dec 2018 | Others | ₹10 Cr | Satisfied |
| 15 Oct 2018 | Yes Bank Limited | ₹28 Cr | Satisfied |
| 19 Sep 2018 | Others | ₹519 Cr | Satisfied |
| 11 May 2018 | Others | ₹22.5 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Avaada Solar Energy Private Limited
View historical data on people associated with Avaada Solar Energy Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Avaada Solar Energy Private Limited
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GST Compliance of Avaada Solar Energy Private Limited
GST registrations and filing compliance for Avaada Solar Energy Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Avaada Solar Energy Private Limited
Credit ratings, litigation, and regulatory alerts for Avaada Solar Energy Private Limited
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MSME Payment Delays by Avaada Solar Energy Private Limited
MSME payment history for Avaada Solar Energy Private Limited
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Subsidiaries & Group Companies of Avaada Solar Energy Private Limited
Corporate group structure for Avaada Solar Energy Private Limited
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MCA Filings & Documents of Avaada Solar Energy Private Limited
MCA filings and documents for Avaada Solar Energy Private Limited
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- Incorporation documents
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- Complete filing index
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Recent Activity on Avaada Solar Energy Private Limited
Recent News on Avaada Solar Energy Private Limited
Frequently Asked Questions about Avaada Solar Energy Private Limited
Avaada Solar Energy Private Limited is an active private limited company in the environment sector based in Mumbai, Maharashtra, India. It was incorporated on 12 January 2015 (11+ years old) and is registered under CIN U40104MH2015PTC436170. The company has 3 employees.
Avaada Solar Energy Private Limited reported revenue of ₹108.19 Cr for FY 2025 (down 18.00% YoY).
The current directors of Avaada Solar Energy Private Limited are:
- Radha Malayil Saraswathi Amma - Director
- Sandeep Mahesh - Director
The primary industry of Avaada Solar Energy Private Limited is environment. The company specifically operates in solar energy solutions. The company is currently active in this sector.
Avaada Solar Energy Private Limited can be reached at the registered office: 406 4Th Floor Solaris One, N. S. Phadke Marg, Mumbai, Maharashtra, India – 400069, or through the website avaadaenergy.com.
The authorised capital is ₹44 Cr, and the paid-up capital is ₹43.76 Cr.