Avps Solar Technology Private Limited
About Avps Solar Technology Private Limited
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Avps Solar Technology Private Limited is a private limited company based in Solapur, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 20 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31904PN2019PTC184958. Its GSTIN is 27AASCA4236H2ZF (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rashmi Prashant Bhave and Vijay Shidhappa Malage.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 6/33 Raviwar Peth, Solapur, Maharashtra, India – 413005.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.15 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹32.83 Lakh (net margin 2.5%) and EBITDA of ₹33.33 Lakh (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 179% over three years and 189% over five years.
Company details
Contact details
Avps Solar Technology Private Limited's registered office is in Solapur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6/33 Raviwar Peth, Solapur, Maharashtra, India – 413005
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Avps Solar Technology 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 Avps Solar Technology is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Avps Solar Technology Private Limited, buy the company report.
Financials of Avps Solar Technology Private Limited
FY 2025 filings availableAvps Solar Technology Private Limited reported revenue of ₹13.15 Cr (up 1463% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 189% over five years. 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 | ₹33.33 Lakh | ||||
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| Net Profit (PAT) | ₹32.83 Lakh | ||||
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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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| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 2.5% | ||||
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To see the full financial statements and ratios of Avps Solar Technology Private Limited, buy the company report.
Board of directors of Avps Solar Technology Private Limited
Avps Solar Technology has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashmi Prashant Bhave Also directs: Truetest Diagonstic Private Limited | Director | 20 Jun 2019 | 7 Years 4 Months | Current |
| Vijay Shidhappa Malage Also directs: Vidanta Lifescience Private Limited | Director | 20 Jun 2019 | 7 Years 4 Months | Current |
| Ajay Somnath Mali | Director | 20 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Avps Solar Technology Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kukje Business Solution Private Limited | ₹13.18 Cr (FY 2025) | -21.0% | New Delhi, Delhi, India | |||
| Electrolite Systems Private Limited | ₹13.17 Cr (FY 2024) | 14.0% | Vadodara, Gujarat, India | |||
| Avps Solar Technology Private Limitedthis company | ₹13.15 Cr (FY 2025) | ₹32.83 Lakh | 2.5% | 1463.0% | Solapur, Maharashtra, India | |
| Kurupin Ventures Private Limited | ₹13.15 Cr (FY 2025) | -4.0% | Gurugram, Haryana, India | |||
| Krish Electro Technologies Private Limited | ₹13.15 Cr (FY 2024) | 39.0% | Chennai, Tamil Nadu, India | |||
| Arc Renewables Private Limited | ₹13.13 Cr (FY 2024) | 0.0% | Gurgaon, Haryana, India | |||
| Roso Multi Trading Private Limited | ₹13.13 Cr (FY 2024) | 11.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Avps Solar Technology Private Limited, buy the company report.
Auditor
Avps Solar Technology Private Limited is audited by SHRIKIRAN RAMESH SAGGAM & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHRIKIRAN RAMESH SAGGAM & ASSOCIATES | FY 2023 | 142137W |
Shareholding
The shareholding of Avps Solar Technology Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
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| Others |
To see the full shareholding pattern of Avps Solar Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avps Solar Technology 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 Avps Solar Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avps Solar Technology has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASCA4236H2ZF | Maharashtra | Active | 14 Jul 2023 |
To see the full GST registrations and return filing status of Avps Solar Technology Private Limited, buy the company report.
Recent activity
Avps Solar Technology Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Ajay Somnath Mali was appointed as Director on 20 Jun 2019.
Frequently asked questions
Avps Solar Technology is an active private limited company based in Solapur, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 20 June 2019 (7+ years old) and is registered under CIN U31904PN2019PTC184958.
Avps Solar Technology has 3 current directors:
- Rashmi Prashant Bhave - Director
- Vijay Shidhappa Malage - Director
- Ajay Somnath Mali - Director
The latest financial statements of Avps Solar Technology on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Avps Solar Technology is 27AASCA4236H2ZF, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Avps Solar Technology is U31904PN2019PTC184958. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avps Solar Technology was incorporated on 20 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Avps Solar Technology by revenue are Kukje Business Solution Private Limited, Electrolite Systems Private Limited, Kurupin Ventures Private Limited, Krish Electro Technologies Private Limited, Arc Renewables Private Limited and 1 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Ajay Somnath Mali was appointed as Director on 20 Jun 2019. Rashmi Prashant Bhave was appointed as Director on 20 Jun 2019. Vijay Shidhappa Malage was appointed as Director on 20 Jun 2019.
The registered office of Avps Solar Technology is at 633 Raviwar Peth, Solapur, Maharashtra, India – 413005.
Avps Solar Technology operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
Avps Solar Technology can be reached at its registered office: 633 Raviwar Peth, Solapur, Maharashtra, India – 413005.