Avaada Solar Energy Private Limited - Company Profile

It is a environment private limited company based in Mumbai, Maharashtra, India, established in 2015.

2015 Mumbai, Maharashtra, India Active

Last Updated: January 08, 2026

About Avaada Solar Energy Private Limited

Avaada Solar Energy Private Limited, a active private limited company, was established on 12 January 2015 in Mumbai, Maharashtra, India. Engaging in solar energy solutions within the electricity, gas, steam and air condition supply sector, it holds CIN: U40104MH2015PTC436170. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹44.00 Cr and a paid-up capital of ₹43.76 Cr.

Formerly known as Welspun Solar Energy Private Limited, Avaada Solar Energy Private Limited. It upholds a compliant status. Employing 3 professional, Its leadership includes Radha Malayil Saraswathi Amma (Director), Sandeep Mahesh (Director). Past directors included Bhawin Jayant Shah, Lalita Pershad Aggarwal, Radha Malayil Saraswathi Amma. It holds ₹549.30 Cr open charges and ₹579.50 Cr settled loans. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at 406, 4Th Floor, Solaris One, N. S. Phadke Marg, Mumbai, Maharashtra, 400069.

Company Details

CIN/LLPIN
U40104MH2015PTC436170
Registration Number
436170
Incorporation Date
12 January 2015
Authorized Capital
₹44.00 Cr
Paid-Up Capital
₹43.76 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 44.00 Cr as on 08-01-2026
Paid Up Capital ₹ 43.76 Cr as on 08-01-2026
Company Age 11 Year, 1 Month
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 549.30 Cr as on 08-01-2026
Satisfied Charges ₹ 579.50 Cr as on 08-01-2026

Comprehensive Company Insights

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Who are the key members and board of directors at Avaada Solar Energy Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Radha Malayil Saraswathi Amma	Director	04 Aug 2020	Current
Sandeep Mahesh	Director	04 Aug 2020	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	26 Sep 2019	Past
Pramod Abcsdd	Director	14 Sep 2016	Past
Pramod Abcsdd	Additional Director	28 Sep 2020	Past
Pramod Abcsdd	Additional Director	29 Sep 2017	Past
Pramod Abcsdd	Additional Director	28 Sep 2020	Past
Pramod Abcsdd	Director	07 Aug 2020	Past

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Financial Performance of Avaada Solar Energy.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

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YOY Growth

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Total Revenue

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EBITDA

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What is the Ownership and Shareholding Structure of Avaada Solar Energy?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹5,493,000,000.00

Satisfied Charges

₹5,795,000,000.00

Charges Breakdown by Lending Institutions

Idbi Trusteeship Services Limited : 549.30 Cr

Latest Charge Details

Date	Lender	Amount	Status
13 Jul 2022	Idbi Trusteeship Services Limited	₹549.30 Cr	Open
07 Dec 2018	Others	₹10.00 Cr	Satisfied
15 Oct 2018	Yes Bank Limited	₹28.00 Cr	Satisfied
19 Sep 2018	Others	₹519.00 Cr	Satisfied
11 May 2018	Others	₹22.50 Cr	Satisfied

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How Many Employees Work at Avaada Solar Energy?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Avaada Solar Energy

Recent Activity within the Organization

Annual General Meeting

Avaada Solar Energy Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was recorded as a recent event.
26 Sep 2025
Director Appointment

Pooja Modi was appointed as a Company Secretary was appointed as a Company Secretary on 09 Jun 2025 & has been associated with this company since 8 months 7 days . was recorded as a recent event.
09 Jun 2025
Balance Sheet

The activity Avaada Solar Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025
Charges

A charge registered on 15 Oct 2018 via Charge ID 100237714 with Yes Bank Limited was fully satisfied on 27 Sep 2022. was recorded as a recent event.
27 Sep 2022
Charges

A charge registered on 19 Sep 2018 via Charge ID 100203382 with Others was fully satisfied on 19 Aug 2022. was recorded as a recent event.
19 Aug 2022
Charges

Progress on A charge with Idbi Trusteeship Services Limited amounted to Rs. 549.30 Cr with Charge ID 100593225 was registered on 13 Jul 2022. was documented.
13 Jul 2022

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