Azure Power (Gujrat) Private Limited - Company Profile

It is a environment private limited company based in Dasada, Gujarat, India, established in 2010.

2010 Dasada, Gujarat, India Active

Last Updated: February 09, 2026

About Azure Power (Gujrat) Private Limited

Azure Power (Gujrat) Private Limited, a active private limited company, was established on 26 April 2010 in Dasada, Gujarat, India. Engaging in solar energy solutions within the electricity, gas, steam and air condition supply sector, it holds CIN: U40106GJ2010PTC060431. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹42.70 Cr and a paid-up capital of ₹29.81 Cr.

It upholds a compliant status. Its leadership includes Sandeep Arora (Additional Director), Abhishek Khandelwal (Additional Director). Past directors included Baskar Lakshmanan, Harkanwal Singh Wadhwa, Sampath Kumar Arun. It holds ₹779.50 Cr open charges and ₹70.40 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Village Dhama,, Dasada, Gujarat, 382755.

Company Details

CIN/LLPIN
U40106GJ2010PTC060431
Registration Number
060431
Incorporation Date
26 April 2010
Authorized Capital
₹42.70 Cr
Paid-Up Capital
₹29.81 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 42.70 Cr as on 09-02-2026
Paid Up Capital ₹ 29.81 Cr as on 09-02-2026
Company Age 15 Year, 10 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 779.50 Cr as on 09-02-2026
Satisfied Charges ₹ 70.40 Cr as on 09-02-2026
Revenue Growth **** -26.23% (FY 2024)
Profit Growth **** -207.23% (FY 2024)
Ebitda **** -146.68% (FY 2024)
Net Worth -41.46% (FY 2024)
Total Assets -21.44% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Azure Power (Gujrat) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Azure Power (Gujrat) Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Sandeep Arora	Additional Director	23 Apr 2025	Current
Abhishek Khandelwal	Additional Director	29 Oct 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	01 Dec 2015	Past
Pramod Abcsdd	Director	19 May 2010	Past
Pramod Abcsdd	Additional Director	31 Oct 2011	Past
Pramod Abcsdd	Additional Director	20 Mar 2017	Past
Pramod Abcsdd	Additional Director	30 Nov 2020	Past
Pramod Abcsdd	Additional Director	30 Nov 2020	Past

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Financial Performance of Azure Power (Gujrat).

Azure Power (Gujrat) Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 26.23% decrease. The company also saw a substantial fall in profitability, with a 207.23% decrease in profit. The company's net worth observed a substantial decline by a decrease of 41.46%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-26.23%

*******

Revenue from Operations

*******

-25.58%

*******

Total Assets

*******

-21.44%

*******

Profit or Loss

*******

-207.23%

*******

Net Worth

*******

-41.46%

*******

EBITDA

*******

-146.68%

*******

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What is the Ownership and Shareholding Structure of Azure Power (Gujrat)?

In 2023, Azure Power (Gujrat) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹7,795,000,000.00

Satisfied Charges

₹703,983,000.00

Charges Breakdown by Lending Institutions

Others : 779.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
30 Nov 2022	Others	₹769.00 Cr	Open
30 Nov 2022	Others	₹10.50 Cr	Open
22 Sep 2011	Overseas Private Investment Corporation	₹70.40 Cr	Satisfied

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How Many Employees Work at Azure Power (Gujrat)?

Unlock and access historical data on people associated with Azure Power (Gujrat), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Azure Power (Gujrat), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Azure Power (Gujrat)'s trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

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Latest Updates, News, and FAQs on Azure Power (Gujrat)

Recent Activity within the Organization

Director Appointment

Progress on Abhishek Khandelwal was appointed as a Additional Director was appointed as a Additional Director on 29 Oct 2025 & has been associated with this company since 4 months 4 days . was documented.
29 Oct 2025
Annual General Meeting

Progress on Azure Power (Gujrat) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
30 Sep 2025
Director Appointment

Sandeep Arora was appointed as a Additional Director was appointed as a Additional Director on 23 Apr 2025 & has been associated with this company since 10 months 9 days . was recorded as a recent event.
23 Apr 2025
Balance Sheet

Azure Power (Gujrat) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.
31 Mar 2025
Charges

A charge with Others of Rs. 10.50 Cr registered on 30 Nov 2022 with Charge ID 100662785 was modified on 30 Oct 2023. was recorded as a recent event.
30 Oct 2023
Charges

Progress on A charge with Others of Rs. 769.00 Cr registered on 30 Nov 2022 with Charge ID 100662600 was modified on 30 Mar 2023. was documented.
30 Mar 2023

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