About Avengers Solar Private Limited
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Avengers Solar Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Rays Power Experts Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 12 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40106DL2015PTC329884. Its GSTIN is 07AANCA7491D1ZG (Delhi). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.16 Cr. It is led by directors including Sudhir Verma and Guirec Servan.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No. 236B & 236C 1st Floor DLF South Court Saket, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.07 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.09 Cr (net margin 9%) and EBITDA of ₹9.54 Cr (EBITDA margin 79%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹58 Cr on record. Court records list 5 cases involving the company, including 5 filed against it. The company has 4 deals on record (3 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹9.43 Cr; the latest was in October 2018. Its 6 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 1 larger and 5 smaller; the largest is Amirthaa Green Infra Private Limited with revenue of ₹12.16 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website arsolar.in.
Company details
CIN history
Avengers Solar has one previous CIN (Corporate Identification Number): U40106RJ2015PTC048248. The current CIN is U40106DL2015PTC329884, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40106DL2015PTC329884 | Current |
| U40106RJ2015PTC048248 | Previous |
Contact details
Avengers Solar Private Limited's registered office is in New Delhi, Delhi. Its website is arsolar.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No. 236B & 236C 1st Floor DLF South Court Saket, New Delhi, Delhi, India – 110017
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Avengers Solar 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 Avengers Solar 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 Avengers Solar Private Limited, buy the company report.
Financials of Avengers Solar Private Limited
FY 2025 filings availableAvengers Solar Private Limited reported revenue of ₹12.07 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. 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 | ₹9.54 Cr | ||||
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| Net Profit (PAT) | ₹1.09 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 | 79% | ||||
| Net Profit Margin | 9% | ||||
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To see the full financial statements and ratios of Avengers Solar Private Limited, buy the company report.
Board of directors of Avengers Solar Private Limited
Avengers Solar has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Verma Also directs: Eden Renewable Cite Private Limited, Eden Renewable Alma Private Limited, Eden Renewable Odeon Private Limited and 5 more | Director | 17 Sep 2018 | 8 Years 1 Months | Current |
| Guirec Servan | Director | 09 Feb 2021 | 5 Years 8 Months | Current |
| Kiam Boon Tan Also directs: Eden Renewable Cite Private Limited, Eden Renewable Alma Private Limited, Eden Mumbai Solar Private Limited and 5 more | Director | 20 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Avengers Solar Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Amirthaa Green Infra Private Limited | ₹12.16 Cr (FY 2024) | 90.0% | Karur, Tamil Nadu, India | |||
| Avengers Solar Private Limitedthis company | ₹12.07 Cr (FY 2025) | ₹1.09 Cr | 9% | 2.0% | New Delhi, Delhi, India | |
| Ny Green Energy Private Limited | ₹12.05 Cr (FY 2025) | -33.0% | Surat, Gujarat, India | |||
| Cmes Infinity Private Limited | ₹12.05 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Talettutayi Solar Projects Private Limited | ₹12.03 Cr (FY 2025) | -30.0% | Gurgaon, Haryana, India | |||
| Hinduja Renewables One Private Limited | ₹12 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India | |||
| Hinduja Renewables Two Private Limited | ₹11.94 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Avengers Solar Private Limited, buy the company report.
Auditor
Avengers Solar Private Limited is audited by Walker Chandiok & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Associates | FY 2023 | 001329N |
Shareholding
The shareholding of Avengers Solar 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Avengers Solar Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Apr 2023 | 100717607 | Others | ₹58 Cr | Open |
To see the full charge records of Avengers Solar Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Avengers Solar Private Limited has 4 deals on record (3 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹9.43 Cr; the latest was in October 2018.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: Eren India Sarl Seller: Rays Power Experts Limited |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Edf En India Sas Seller: Rays Power Experts Limited |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: Rays Power Experts Limited Seller: 2 individuals |
To see the full deal history of Avengers Solar Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Avengers Solar Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mandsaur, Madhya Pradesh | Court case (RCA) | Filed against the company by an individual | Disposed |
| District court, Mandsaur, Madhya Pradesh | Court case (RCA) | Filed against the company by individuals | Disposed |
| District court, Mandsaur, Madhya Pradesh | Court case (RCA) | Filed against the company by an individual | Disposed |
| District court, Mandsaur, Madhya Pradesh | Court case (RCA) | Filed against the company by an individual | Disposed |
| District court, Mandsaur, Madhya Pradesh | Court case (RCS A) | Filed against the company by an individual | Disposed |
To see the full case history of Avengers Solar 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 Avengers Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avengers Solar has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AANCA7491D1ZG | Delhi | Active | 21 Sep 2020 |
| 23AANCA7491D2ZL | Madhya Pradesh | Active | 01 Sep 2020 |
To see the full GST registrations and return filing status of Avengers Solar Private Limited, buy the company report.
Recent activity
Avengers Solar Private Limited has 16 board changes on record since 2017: 3 appointments and 13 cessations. The latest: Kiam Boon Tan ceased to be Additional Director on 14 Sep 2025.
9 earlier events are in the company report.
Frequently asked questions
Avengers Solar is an active private limited company based in New Delhi, Delhi, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 12 September 2015 (11+ years old) and is registered under CIN U40106DL2015PTC329884.
Avengers Solar has 3 current directors:
- Sudhir Verma - Director
- Guirec Servan - Director
- Kiam Boon Tan - Director
The latest financial statements of Avengers Solar on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Avengers Solar is 07AANCA7491D1ZG, registered in Delhi. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 23AANCA7491D2ZL (Madhya Pradesh).
The CIN (Corporate Identification Number) of Avengers Solar is U40106DL2015PTC329884. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avengers Solar has 5 court cases on record: 5 filed against it.
Avengers Solar was incorporated on 12 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Avengers Solar has 4 deals on record (3 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹9.43 Cr; the latest was in October 2018.
The peers of Avengers Solar by revenue are Amirthaa Green Infra Private Limited, Ny Green Energy Private Limited, Cmes Infinity Private Limited, Talettutayi Solar Projects Private Limited, Hinduja Renewables One Private Limited and 1 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Kiam Boon Tan ceased to be Additional Director on 14 Sep 2025. Vivek Kodesia ceased to be Additional Director on 22 Aug 2025. Kiam Boon Tan was appointed as Director on 20 Aug 2025. Avengers Solar has 16 board changes on record in total.
Avengers Solar can be reached through the website arsolar.in. Its registered office is in New Delhi, Delhi, India.