About Ayana Renewable Power Private Limited
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Ayana Renewable Power Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 01 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40106KA2017PTC101000. Its GSTIN is 29AAPCA2514F1ZQ (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5,075 Cr and a paid-up capital of ₹3,276.68 Cr. It is led by directors including Arun Kumar Singh and Ravindra Kumar.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,122.27 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹202.32 Cr (net margin -18%) and EBITDA of ₹745 Cr (EBITDA margin 66.4%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 117% over five years.
The company has about 139 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Solar Power Developers Association and Ayana. As per MCA filings, the company has open charges of ₹17,106 Cr and satisfied charges of ₹12,277 Cr on record. Court records list 17 cases involving the company, including 6 filed by the company and 11 filed against it; 9 cases are pending. The company has 15 deals on record (7 rights issues, 3 funding rounds, 3 debt financings), with disclosed funding of ₹1,443.82 Cr; the latest was in December 2025. Its 5 peer companies in the Cleantech industry (Solar Power, Wind Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 2 larger and 3 smaller; the largest is Renew Solar Power Private Limited with revenue of ₹1,178 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 ayanapower.com.
Company details
CIN history
Ayana Renewable Power has one previous CIN (Corporate Identification Number): U40106KA2017FTC101000. The current CIN is U40106KA2017PTC101000, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40106KA2017PTC101000 | Current |
| U40106KA2017FTC101000 | Previous |
Contact details
Ayana Renewable Power Private Limited's registered office is in Bangalore, Karnataka.
- Social Media
- Registered AddressS 2904 29th Floor World Trade Centre Brigade Gateway Campus #26/1 Dr. Rajkumar Road R, Ajajinagar, Bangalore, Karnataka, India – 560055
- IndustryEnvironment, Solar Energy Solutions
- 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
Ayana Renewable Power operates two associated brands: Solar Power Developers Association and Ayana. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Promotes renewable energy policies and green fuel development in India. | solarpda.com | |
| Utility-scale solar, wind, hybrid, and clean energy projects are developed. | ayanapower.com |
Business activity
The main business activities of Ayana Renewable Power are electricity, gas, steam and air condition supply and professional, scientific and technical. In detail, this covers electric power generation, transmission and distribution, management consultancy activities 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 |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | |
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Ayana Renewable Power Private Limited, buy the company report.
Financials of Ayana Renewable Power Private Limited
FY 2025 filings availableAyana Renewable Power Private Limited reported revenue of ₹1,122.27 Cr (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 117% over five years, including 22% growth in the latest year. 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 | ₹745 Cr | ||||
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| Net Profit (PAT) | -₹202.32 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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| EBITDA Margin | 66.4% | ||||
| Net Profit Margin | -18% | ||||
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To see the full financial statements and ratios of Ayana Renewable Power Private Limited, buy the company report.
Board of directors of Ayana Renewable Power Private Limited
Ayana Renewable Power has 6 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Kumar Singh Also directs: Mangalore Refinery and Petrochemicals Limited, Oil and Natural Gas Corporation Limited, Petronet LNG Limited and 3 more | Nominee Director | 03 Jul 2025 | 1 Years 4 Months | Current |
| Ravindra Kumar | Nominee Director | 03 Jul 2025 | 1 Years 4 Months | Current |
| Neeraj Sharma Also directs: Ntpc-Mahapreit Green Energy Limited | Nominee Director | 28 Mar 2025 | 1 Years 7 Months | Current |
| Prashant Singh Also directs: Pawan Hans Limited | Nominee Director | 27 Mar 2025 | 1 Years 7 Months | Current |
| Satyan Kumar | Nominee Director | 26 Sep 2025 | 1 Years 1 Months | Current |
| Anand Sagar Pandey | Nominee Director | 27 Jan 2026 | 0 Years 9 Months | Current |
Peer comparison
Ayana Renewable Power Private Limited is compared with the 5 companies closest to it by revenue in the Cleantech industry (Solar Power, Wind 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 |
|---|---|---|---|---|---|---|
| Renew Solar Power Private Limited | ₹1,178 Cr (FY 2025) | 29.0% | New Delhi, Delhi, India | |||
| Ujvn Limited | ₹1,132.2 Cr (FY 2025) | 9.0% | Uttarakhand, India | |||
| Ayana Renewable Power Private Limitedthis company | ₹1,122.27 Cr (FY 2025) | -₹202.32 Cr | -18% | 22.0% | Bangalore, Karnataka, India | |
| BSBK Engineers Private Limited | ₹1,095.53 Cr (FY 2025) | 21.0% | Noida, Uttar Pradesh, India | |||
| Adani Hybrid Energy Jaisalmer Four Limited | ₹1,055.52 Cr (FY 2025) | 8.0% | Ahmedabad, Gujarat, India | |||
| Parampujya Solar Energy Limited | ₹1,033.08 Cr (FY 2025) | -2.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Ayana Renewable Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Sep 2025 | 101155230 | Others | ₹950 Cr | Open | |
| 16 Jun 2025 | 101110024 | Others | ₹3,800 Cr | Open | |
| 28 Mar 2025 | 101077659 | Others | ₹1,026 Cr | Open | |
| 25 Mar 2025 | 101080622 | Others | ₹1,816.4 Cr | Open | |
| 24 Oct 2024 | 101003372 | Others | ₹1,745 Cr | Open |
To see the full charge records of Ayana Renewable Power Private Limited, buy the company report.
Total charge records: 35 View all charges
Deals & funding
Ayana Renewable Power Private Limited has 15 deals on record (7 rights issues, 3 funding rounds, 3 debt financings), with disclosed funding of ₹1,443.82 Cr; the latest was in December 2025.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2025 | Rights issue | ₹200 Cr | Investors: Ongc NTPC Green Private Limited |
| Apr 2025 | Debt financing | ₹50 Cr | Investors: Il&Fs Infrastructure Debt Fund (Series 2-A), IL & FS Infrastructure Debt Fund Series 2B |
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: Ongc NTPC Green Private Limited Seller: National Investment and Infrastructure Fund, Bii South Asia Renewables Limited, EverSource Capital |
| Mar 2025 | Debt financing | ₹100 Cr | Investors: IL & FS Infrastructure Debt Fund Series 2B, Il&Fs Infrastructure Debt Fund (Series 2-A), IL&FS Infrastructure Debt Fund Series-2C |
| Oct 2024 | Rights issue | ₹67.32 Cr | Investors: National Investment and Infrastructure Fund, British International Investment (CDC Group), EverSource Capital |
To see the full deal history of Ayana Renewable Power 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
Ayana Renewable Power Private Limited has 17 court cases on record: 6 filed by Ayana Renewable Power, 11 filed against it. 9 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 5 | 6 |
| District courts | 5 | 5 | 3 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed against the company by B V Patil LLP | Disposed |
| NCLT, Bengaluru | Court case (C.A.(CAA)) | Filed against the company by Ayana Ananthapuramu Solar Privatelimited | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed by the company against Renew Solar Power Private Limited & Ors. | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed against the company by Southern Power Distribution Company of Andhra Pradesh Limited, and 1 other | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Central Electricity Regulatory Commission & Ors. | Pending |
To see the full case history of Ayana Renewable Power 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.
Credit ratings & regulatory alerts
Ayana Renewable Power Private Limited was last rated by Icra on 17 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 17 May 2022 |
To see the full credit ratings and regulatory alerts of Ayana Renewable Power Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ayana Renewable Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ayana Renewable Power has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAPCA2514F1ZQ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ayana Renewable Power Private Limited, buy the company report.
Recent activity
Ayana Renewable Power Private Limited has 31 board changes on record since 2017: 11 appointments and 20 cessations. The latest: Anand Sagar Pandey was appointed as Nominee Director on 27 Jan 2026.
92 earlier events are in the company report.
News
Frequently asked questions
Ayana Renewable Power is an active private limited company based in Bangalore, Karnataka, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 01 March 2017 (9+ years old) and is registered under CIN U40106KA2017PTC101000.
Ayana Renewable Power has 6 current directors:
- Arun Kumar Singh - Nominee Director
- Ravindra Kumar - Nominee Director
- Neeraj Sharma - Nominee Director
- Prashant Singh - Nominee Director
- Satyan Kumar - Nominee Director
- Anand Sagar Pandey - Nominee Director
The latest financial statements of Ayana Renewable Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Ayana Renewable Power is 29AAPCA2514F1ZQ, registered in Karnataka. 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 Ayana Renewable Power is U40106KA2017PTC101000. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ayana Renewable Power has 17 court cases on record: 6 filed by the company and 11 filed against it. 9 are pending. Most are in the high courts.
Ayana Renewable Power was incorporated on 01 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Ayana Renewable Power has 15 deals on record (7 rights issues, 3 funding rounds, 3 debt financings), with disclosed funding of ₹1,443.82 Cr; the latest was in December 2025.
The peers of Ayana Renewable Power by revenue are Renew Solar Power Private Limited, Ujvn Limited, BSBK Engineers Private Limited, Adani Hybrid Energy Jaisalmer Four Limited, Parampujya Solar Energy Limited, all in the Cleantech industry (Solar Power, Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Anand Sagar Pandey was appointed as Nominee Director on 27 Jan 2026. Satyan Kumar was appointed as Nominee Director on 26 Sep 2025. Sarit Maheshwari was appointed as Nominee Director on 17 Jul 2025. Ayana Renewable Power has 31 board changes on record in total.
Ayana Renewable Power can be reached through the website ayanapower.com. Its registered office is in Bangalore, Karnataka, India.
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