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.
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- Registered Address6/33 Raviwar Peth, Solapur, Maharashtra, India – 413005
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Avps Solar Technology is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹33.33 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹32.83 Lakh | |
| Balance Sheet | ||
| Share Capital | •••• | |
| Reserves and Surplus | •••• | |
| Net Worth (Total Equity) | •••• | |
| Long-term Borrowings | •••• | |
| Short-term Borrowings | •••• | |
| Trade Payables | •••• | |
| Total Liabilities | •••• | |
| Fixed Assets | •••• | |
| Investments | •••• | |
| Inventories | •••• | |
| Trade Receivables | •••• | |
| Cash and Bank Balance | •••• | |
| Total Assets | •••• | |
Financial Ratios
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.5% | |
| Net Profit Margin | 2.5% | |
| Return on Equity (ROE) | •••• | |
| Return on Capital Employed (ROCE) | •••• | |
| Return on Assets (ROA) | •••• | |
| Liquidity and Debt | ||
| Current Ratio | •••• | |
| Quick Ratio | •••• | |
| Debt-to-Equity Ratio | •••• | |
| Interest Coverage Ratio | •••• | |
| Efficiency and Growth | ||
| Asset Turnover | •••• | |
| Receivable Days | •••• | |
| Payable Days | •••• | |
| Inventory Days | •••• | |
| Revenue Growth | •••• | |
| Net Profit Growth | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Avps Solar Technology are in the company report.
: available in 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 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading). Net profit, margin and employee counts of each company are in the company report.
| 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 Limited this company | ₹13.15 Cr (FY 2025) | •••• | •••• | 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 |
Peers are the companies nearest to Avps Solar Technology by revenue, above and below it, 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. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Avps Solar Technology Private Limited is audited by SHRIKIRAN RAMESH SAGGAM & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHRIKIRAN RAMESH SAGGAM & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Avps Solar Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Avps Solar Technology.
: available in 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.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
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 |
: available in the company report
MCA Filings & Documents
: available in the company report
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.