About Avaada Sunce Energy Private Limited
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Avaada Sunce Energy 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 05 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U40300UP2018PTC128633. Its GSTIN is 08AAQCA7476H1Z2 (Rajasthan).
The company has an authorised share capital of ₹95 Cr and a paid-up capital of ₹93.33 Cr. It is led by directors Thozhutharathu Ramachandran Kishor Nair and Prashant Choubey.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. 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 ₹227.89 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹12.13 Cr (net margin 5.3%) and EBITDA of ₹208.1 Cr (EBITDA margin 91.3%). Revenue has grown at a compounded annual rate (CAGR) of 99% over three years.
The company has about 6 employees 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 ₹1,240 Cr and satisfied charges of ₹1,218 Cr on record. The company has 2 deals on record (2 acquisitions); the latest was in July 2020. 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, 2 larger and 2 smaller; the largest is Clean Solar Power (Tumkur) Private Limited with revenue of ₹241.36 Cr.
For more details, the company can be reached via its website avaadaenergy.com.
Company details
CIN history
Avaada Sunce Energy has one previous CIN (Corporate Identification Number): U40300DL2018PTC331995. The current CIN is U40300UP2018PTC128633, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40300UP2018PTC128633 | Current |
| U40300DL2018PTC331995 | Previous |
Contact details
Avaada Sunce Energy 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 Gautam Buddha Nagar, Noida, Uttar Pradesh, India – 201301
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Avaada Sunce Energy 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 Sunce Energy 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 Sunce Energy 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 Sunce Energy Private Limited, buy the company report.
Financials of Avaada Sunce Energy Private Limited
FY 2024 filings availableAvaada Sunce Energy Private Limited reported revenue of ₹227.89 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 99%. EBITDA rose 3% 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 | ₹208.1 Cr | ||||
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| Net Profit (PAT) | ₹12.13 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 | 91.3% | ||||
| Net Profit Margin | 5.3% | ||||
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To see the full financial statements and ratios of Avaada Sunce Energy Private Limited, buy the company report.
Board of directors of Avaada Sunce Energy Private Limited
Avaada Sunce Energy has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thozhutharathu Ramachandran Kishor Nair Also directs: Avaada Clean Knproject Private Limited, Avaada Mhsolar Private Limited, Avaada Bankabihar Private Limited and 5 more | Director | 27 Aug 2018 | 8 Years 2 Months | Current |
| Prashant Choubey Also directs: Avaada Green Hnproject Private Limited, Avaada Ventures Private Limited, KMF Nandini Avaada KN Private Limited and 5 more | Director | 23 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Avaada Sunce Energy 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 |
|---|---|---|---|---|---|---|
| Clean Solar Power (Tumkur) Private Limited | ₹241.36 Cr (FY 2025) | 34.0% | New Delhi, Delhi, India | |||
| Apex Coco and Solar Energy Limited | ₹228.88 Cr (FY 2025) | 88.0% | Tirupur, Tamil Nadu, India | |||
| Avaada Sunce Energy Private Limitedthis company | ₹227.89 Cr (FY 2025) | ₹12.13 Cr | 5.3% | -1.0% | 6 | Noida, Uttar Pradesh, India |
| Renew Sun Bright Private Limited | ₹223.6 Cr (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| Continuum Trinethra Renewables Private Limited | ₹220.07 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Avaada Sunce Energy Private Limited, buy the company report.
Auditor
Avaada Sunce Energy Private Limited is audited by Deloitte Haskins & Sells for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2023 | 015125N |
Shareholding
The shareholding of Avaada Sunce Energy Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avaada Sunce Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 May 2024 | 100927161 | Others | ₹1,240 Cr | Open | |
| 15 Oct 2020 | 100383889 | Yes Bank Limited | ₹49 Cr | Satisfied | |
| 14 Aug 2020 | 100359155 | Others | ₹1,120 Cr | Satisfied | |
| 29 Jun 2019 | 100273090 | Sbicap Trustee Company Limited | ₹49 Cr | Satisfied |
To see the full charge records of Avaada Sunce Energy Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Avaada Sunce Energy Private Limited has 2 deals on record (2 acquisitions); the latest was in July 2020.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2020 | Acquisition | ₹280 Cr | Buyer: Avaada Energy Private Limited |
| Jul 2020 | Acquisition | ₹93.32 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
No court or tribunal cases involving Avaada Sunce Energy 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 Sunce Energy Private Limited was last rated by Care on 19 Feb 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 19 Feb 2026 |
To see the full credit ratings and regulatory alerts of Avaada Sunce Energy Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avaada Sunce Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avaada Sunce Energy Private Limited has a workforce of 6 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Avaada Sunce Energy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAQCA7476H1Z2 | Rajasthan | Active | 02 Jul 2019 |
To see the full GST registrations and return filing status of Avaada Sunce Energy Private Limited, buy the company report.
Recent activity
Avaada Sunce Energy Private Limited has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Prashant Choubey ceased to be Additional Director on 28 Sep 2020.
7 earlier events are in the company report.
News
Frequently asked questions
Avaada Sunce Energy 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 05 April 2018 (8+ years old) and is registered under CIN U40300UP2018PTC128633.
Avaada Sunce Energy has 2 current directors:
- Thozhutharathu Ramachandran Kishor Nair - Director
- Prashant Choubey - Director
The latest financial statements of Avaada Sunce Energy on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Avaada Sunce Energy is 08AAQCA7476H1Z2, registered in Rajasthan.
The CIN (Corporate Identification Number) of Avaada Sunce Energy is U40300UP2018PTC128633. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avaada Sunce Energy was incorporated on 05 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kanpur.
Avaada Sunce Energy has 2 deals on record (2 acquisitions); the latest was in July 2020.
The peers of Avaada Sunce Energy by revenue are Clean Solar Power (Tumkur) Private Limited, Apex Coco and Solar Energy Limited, Renew Sun Bright Private Limited, Continuum Trinethra Renewables Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Prashant Choubey ceased to be Additional Director on 28 Sep 2020. Deepak Kumar Saxena ceased to be Director on 23 Dec 2019. Prashant Choubey was appointed as Director on 23 Dec 2019. Avaada Sunce Energy has 7 board changes on record in total.
Avaada Sunce Energy can be reached through the website avaadaenergy.com. Its registered office is in Noida, Uttar Pradesh, India.
The registered office of Avaada Sunce Energy is at C – 11 Sector – 65 Gautam Buddha Nagar, Noida, Uttar Pradesh, India – 201301.
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