About Evervolt Solar Technology India Private Limited
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Evervolt Solar Technology India Private Limited is a foreign private limited company based in Sricity, Andhra Pradesh, India, a subsidiary of Cetc Electronics Equipment Group (Hk) Company Limited. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 12 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2017FTC107227. Its GSTIN is 37AAHCC3204E1Z4 (Andhra Pradesh).
The company has an authorised share capital of ₹96 Cr and a paid-up capital of ₹96 Cr. It was formerly known as Cetc Renewable Energy Technology (India) Private Limited. It is led by directors Krishna Thimmaiah and Tan Chin Piaw.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 250 Thespia Drive Sricity Dtz Gollavaripalem Satyavedu, Andhra Pradesh, India – 517646.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.21 Cr, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹43.4 Cr and EBITDA of -₹19.49 Cr. Revenue has declined at a compounded annual rate (CAGR) of 71% over three years and 59% over five years.
The company has about 336 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: CETC. As per MCA filings, the company has open charges of ₹40 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cetcredsolar.com.
Company details
Contact details
Evervolt Solar Technology India Private Limited's registered office is in Sricity, Andhra Pradesh. Its website is cetcredsolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 250 Thespia Drive Sricity Dtz Gollavaripalem Satyavedu, Andhra Pradesh, India – 517646
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Evervolt Solar Technology India 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
Brands
Evervolt Solar Technology India operates one associated brand: CETC. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and sells solar photovoltaic cells for renewable energy solutions. | cetcredsolar.com |
Business activity
The main business activity of Evervolt Solar Technology India is manufacturing. In detail, this covers manufacture of computer, electronic and optical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 26 | Manufacture of computer, electronic and optical products |
To see the full business activity and turnover split of Evervolt Solar Technology India Private Limited, buy the company report.
Financials of Evervolt Solar Technology India Private Limited
FY 2025 filings availableEvervolt Solar Technology India Private Limited reported revenue of ₹3.21 Cr (down 98% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 59% over five years, including a 98% fall in the latest year. EBITDA rose 55% 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 | -₹19.49 Cr | ||||
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| Net Profit (PAT) | -₹43.4 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Evervolt Solar Technology India Private Limited, buy the company report.
Board of directors of Evervolt Solar Technology India Private Limited
Evervolt Solar Technology India has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Thimmaiah Also directs: Frigo Paints Private Limited, Evervolt Green Energy Private Limited, Evervolt Renewable Energy Private Limited and 3 more | Additional Director | 23 Nov 2025 | 0 Years 11 Months | Current |
| Tan Chin Piaw | Additional Director | 23 Nov 2025 | 0 Years 11 Months | Current |
Auditor
Evervolt Solar Technology India Private Limited is audited by V.M.V.S.RAO & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.M.V.S.RAO & CO. | FY 2023 | 006647S |
Shareholding
The shareholding of Evervolt Solar Technology India Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
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| Others |
To see the full shareholding pattern of Evervolt Solar Technology India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 May 2018 | 100193195 | The Hongkong and Shanghai Banking Corporation Limited | ₹40 Cr | Open |
To see the full charge records of Evervolt Solar Technology India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Evervolt Solar Technology India Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0432-Indirect Taxes Matters : Appeals u/s 130 E of Customs Act, 1962) | Filed against the company by Commissioner of Customs Chennai II (Import) Commissioner of Customs Chennai II (Import) Custom House No. 60 Rajaji Salai Chennai ,Chennai , Tamil Nadu | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed against the company by an individual | Disposed |
To see the full case history of Evervolt Solar Technology India 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Evervolt Solar Technology India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Evervolt Solar Technology India Private Limited has a workforce of 336 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Evervolt Solar Technology India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAHCC3204E1Z4 | Andhra Pradesh | Active | 05 Jan 2018 |
To see the full GST registrations and return filing status of Evervolt Solar Technology India Private Limited, buy the company report.
Recent activity
Evervolt Solar Technology India Private Limited has 10 board changes on record since 2017: 6 appointments and 4 cessations. The latest: Krishna Thimmaiah was appointed as Additional Director on 23 Nov 2025.
3 earlier events are in the company report.
Frequently asked questions
Evervolt Solar Technology India is an active foreign private limited company based in Sricity, Andhra Pradesh, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 12 December 2017 (9+ years old) and is registered under CIN U74999AP2017FTC107227.
Evervolt Solar Technology India has 2 current directors:
- Krishna Thimmaiah - Additional Director
- Tan Chin Piaw - Additional Director
The latest financial statements of Evervolt Solar Technology India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Evervolt Solar Technology India is 37AAHCC3204E1Z4, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Evervolt Solar Technology India is U74999AP2017FTC107227. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evervolt Solar Technology India has 3 court cases on record: 3 filed against it. Most are in the high courts.
Evervolt Solar Technology India was incorporated on 12 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Vijayawada.
Krishna Thimmaiah was appointed as Additional Director on 23 Nov 2025. Tan Chin Piaw was appointed as Additional Director on 23 Nov 2025. Soubhagya Mohakhud ceased to be Additional Director on 27 Sep 2024. Evervolt Solar Technology India has 10 board changes on record in total.
Evervolt Solar Technology India can be reached through the website cetcredsolar.com. Its registered office is in Sricity, Andhra Pradesh, India.
The registered office of Evervolt Solar Technology India is at No 250 Thespia Drive Sricity Dtz Gollavaripalem Satyavedu, Andhra Pradesh, India – 517646.
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