MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0149688
Avesta Solar Private Limited - environment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹21.26 Cr
▲ 18% YoY
Net profit · FY 2025
₹1.05 Cr
Net margin 5%
EBITDA · FY 2025
₹1.63 Cr
EBITDA margin 7.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4.95 Cr
Satisfied ₹2.71 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
29
Provident fund records
About Avesta Solar Private Limited
Data last updated:
Avesta Solar Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 10 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29113MH2011PTC213307. Its GSTIN is 27AAJCA2304B1ZC (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Burgis Jal Bulsara and Arnavaz Burgis Bulsara.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 782 Patel Building Ground Floor No. 4 M. Joshi Road Dadar Parsi Colony Dadar – East, Mumbai, Maharashtra, India – 400014.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.26 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.05 Cr (net margin 5%) and EBITDA of ₹1.63 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 22% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.95 Cr and satisfied charges of ₹2.71 Cr on record.
Avesta Solar Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0149688). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avestasolar.co.in.
Company details
CIN U29113MH2011PTC213307
Registration Number 213307
Incorporation Date 10 February 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0149688
Recognitions & Rankings of Avesta Solar
Contact details
Avesta Solar Private Limited's registered office is in Mumbai, Maharashtra. Its website is avestasolar.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address782 Patel Building Ground Floor No. 4 M. Joshi Road Dadar Parsi Colony Dadar – East, Mumbai, Maharashtra, India – 400014
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Avesta Solar Private Limited, buy the company report.
Comprehensive company report
Avesta Solar Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activities of Avesta Solar are manufacturing, electricity, gas, steam and air condition supply and professional, scientific and technical. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities, electric power generation, transmission and distribution and other professional, scientific and technical activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Avesta Solar Private Limited, buy the company report.
Financials of Avesta Solar Private Limited
FY 2024 filings availableAvesta Solar Private Limited reported revenue of ₹21.26 Cr (up 18% YoY) for FY 2025.
Revenue · FY 2025
₹21.26 Cr ▲ 18%
Net profit · FY 2025
₹1.05 Cr margin 5%
EBITDA · FY 2025
₹1.63 Cr margin 7.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 22%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▼ 1%
3 years · compounded
▼ 6%
5 years · compounded
▲ 1%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 18% growth in the latest year. 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 | ₹1.63 Cr | ||||
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| Net Profit (PAT) | ₹1.05 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 | 7.7% | ||||
| Net Profit Margin | 5% | ||||
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To see the full financial statements and ratios of Avesta Solar Private Limited, buy the company report.
Board of directors of Avesta Solar Private Limited
Avesta Solar has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Burgis Jal Bulsara Also directs: Spenta Aid Foundation, Isoqar (India) Private Limited | Director | 10 Feb 2011 | 15 Years 8 Months | Current |
| Arnavaz Burgis Bulsara Also directs: Spenta Aid Foundation, JB Tractors & Farm Equipments LLP | Director | 02 Dec 2017 | 8 Years 10 Months | Current |
Auditor
Avesta Solar Private Limited is audited by S C VORA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S C VORA & CO | FY 2023 | 125176W |
Shareholding
The shareholding of Avesta Solar Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avesta Solar Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.95 Cr
Satisfied charges
₹2.71 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Oct 2024 | 100996516 | Others | ₹4.95 Cr | Open | |
| 15 Feb 2017 | 100107619 | Hdfc Bank Limited | ₹35 Lakh | Satisfied | |
| 10 Aug 2016 | 100045857 | Tata Cleantech Capital Limited | ₹2.36 Cr | Satisfied |
To see the full charge records of Avesta Solar Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Avesta Solar Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avesta Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avesta Solar Private Limited has a workforce of 29 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
29
Active EPFO establishments
1
GST
Avesta Solar has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCA2304B1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avesta Solar Private Limited, buy the company report.
Recent activity
Avesta Solar Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Nishidh Kizakumbadan ceased to be Director on 02 Jul 2021.
Charges
A charge with Others of Rs. 495.00 Lakh registered on 21 Oct 2024 with Charge ID 100996516 was modified on 18 Feb 2025.
Charges
A charge registered on 10 Aug 2016 via Charge ID 100045857 with Tata Cleantech Capital Limited was fully satisfied on 14 Nov 2024.
Charges
A charge with Others amounted to Rs. 495.00 Lakh with Charge ID 100996516 was registered on 21 Oct 2024.
AGM
Avesta Solar Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Avesta Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Nishidh Kizakumbadan ceased to be Director.
Charges
A charge registered on 15 Feb 2017 via Charge ID 100107619 with Hdfc Bank Limited was fully satisfied on 18 Sep 2020.
Ceased
Arnavaz Burgis Bulsara ceased to be Additional Director.
Appointed
Arnavaz Burgis Bulsara was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 35.00 Lakh with Charge ID 100107619 was registered on 15 Feb 2017.
Charges
A charge with Tata Cleantech Capital Limited amounted to Rs. 236.00 Lakh with Charge ID 100045857 was registered on 10 Aug 2016.
Appointed
Burgis Jal Bulsara was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Avesta Solar is an active private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 10 February 2011 (15+ years old) and is registered under CIN U29113MH2011PTC213307.
Avesta Solar has 2 current directors:
- Burgis Jal Bulsara - Director
- Arnavaz Burgis Bulsara - Director
The latest financial statements of Avesta Solar on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Avesta Solar is 27AAJCA2304B1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avesta Solar is U29113MH2011PTC213307. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avesta Solar was incorporated on 10 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Nishidh Kizakumbadan ceased to be Director on 02 Jul 2021. Arnavaz Burgis Bulsara ceased to be Additional Director on 29 Sep 2018. Arnavaz Burgis Bulsara was appointed as Director on 02 Dec 2017. Avesta Solar has 4 board changes on record in total.
Yes, Avesta Solar is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0149688).
Avesta Solar can be reached through the website avestasolar.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Avesta Solar is at 782 Patel Building Ground Floor No. 4 M. Joshi Road Dadar Parsi Colony Dadar – East, Mumbai, Maharashtra, India – 400014.