About Avaada Clean Project Private Limited
Data last updated:
Avaada Clean Project Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Avaada Energy Private Limited. It operates in the power epc segment of the energy and power sector. It was incorporated on 05 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40107DL2018PTC330289. Its GSTIN is 29AAQCA5978E1Z1 (Karnataka). The company holds 11 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors Som Bansal Parkash and Manoj 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 910/19 Suryakiran Kasturba Gandhi Marg, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,821.49 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹149.78 Cr (net margin 8.2%) and EBITDA of ₹206.06 Cr (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 61% over five years.
The company has about 100 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Avaada Group. As per MCA filings, the company has open charges of ₹76.32 Cr and satisfied charges of ₹1,300 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 3 cases are pending. The company has 1 deal on record (1 rights issue); the latest was in March 2024.
For more details, the company can be reached via its website avaadaenergy.com.
Company details
Contact details
Avaada Clean Project Private Limited's registered office is in New Delhi, Delhi. Its website is avaadaenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address910/19 Suryakiran Kasturba Gandhi Marg, New Delhi, Delhi, India – 110001
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Avaada Clean Project 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
Avaada Clean Project operates one associated brand: Avaada Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Renewable energy projects in solar, wind, and storage are developed. | avaada.com |
Business activity
The main business activity of Avaada Clean Project is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| 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 |
To see the full business activity and turnover split of Avaada Clean Project Private Limited, buy the company report.
Financials of Avaada Clean Project Private Limited
FY 2025 filings availableAvaada Clean Project Private Limited reported revenue of ₹1,821.49 Cr (up 206% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 61% over five years, including 206% growth 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 |
|---|---|---|---|---|---|
| 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 | ₹206.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹149.78 Cr | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.3% | ||||
| Net Profit Margin | 8.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Avaada Clean Project Private Limited, buy the company report.
Board of directors of Avaada Clean Project Private Limited
Avaada Clean Project has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Som Bansal Parkash | Director | 18 Jul 2024 | 2 Years 3 Months | Current |
| Manoj Kumar | Director | 05 Jul 2024 | 2 Years 3 Months | Current |
Auditor
Avaada Clean Project Private Limited is audited by GOYAL MALHOTRA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOYAL MALHOTRA & ASSOCIATES | FY 2023 | 008015C |
Shareholding
The shareholding of Avaada Clean Project 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) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avaada Clean Project Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 2025 | 101124560 | Others | ₹1.32 Cr | Open | |
| 25 Feb 2025 | 101057237 | Others | ₹50 Cr | Open | |
| 02 Feb 2024 | 100864386 | Yes Bank Limited | ₹25 Cr | Open | |
| 04 Feb 2022 | 100535292 | Others | ₹1,300 Cr | Satisfied |
To see the full charge records of Avaada Clean Project Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Avaada Clean Project Private Limited has 1 deal on record (1 rights issue); the latest was in March 2024.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Rights issue | ₹4.99 Cr | Investors: Avaada Energy Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Avaada Clean Project Private Limited has 3 court cases on record: 2 filed by Avaada Clean Project, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 3 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by M/S Avaada Energy Private Limited | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Pending |
To see the full case history of Avaada Clean Project 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
Avaada Clean Project Private Limited was last rated by Indiarating on 17 Mar 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 17 Mar 2021 |
To see the full credit ratings and regulatory alerts of Avaada Clean Project Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avaada Clean Project Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avaada Clean Project Private Limited has a workforce of 100 employees on its EPFO records as of Oct 29, 2024, across 1 active EPFO establishment.
GST
Avaada Clean Project has 11 GST registrations: 9 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAQCA5978E1Z1 | Karnataka | Active | 27 Feb 2019 |
| 24AAQCA5978E1ZB | Gujarat | Active | 10 Apr 2019 |
| 27AAQCA5978E1Z5 | Maharashtra | Active | 23 May 2019 |
| 08AAQCA5978E1Z5 | Rajasthan | Active | 18 Jun 2019 |
To see the full GST registrations and return filing status of Avaada Clean Project Private Limited, buy the company report.
Recent activity
Avaada Clean Project Private Limited has 20 board changes on record since 2018: 11 appointments and 9 cessations. The latest: Parth Gupta ceased to be Additional Director on 19 Jul 2024.
17 earlier events are in the company report.
News
Frequently asked questions
Avaada Clean Project is an active private limited company based in New Delhi, Delhi, India. The company works in power epc, within the energy and power industry. It was incorporated on 05 March 2018 (8+ years old) and is registered under CIN U40107DL2018PTC330289.
Avaada Clean Project has 2 current directors:
- Som Bansal Parkash - Director
- Manoj Kumar - Director
The latest financial statements of Avaada Clean Project 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 2018 are in the company report.
The GSTIN of Avaada Clean Project is 29AAQCA5978E1Z1, registered in Karnataka. The company has 11 GST registrations in all, of which 9 are active and 2 are cancelled or inactive. Other active GSTINs include 24AAQCA5978E1ZB (Gujarat), 27AAQCA5978E1Z5 (Maharashtra), 08AAQCA5978E1Z5 (Rajasthan).
The CIN (Corporate Identification Number) of Avaada Clean Project is U40107DL2018PTC330289. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avaada Clean Project has 3 court cases on record: 2 filed by the company and 1 filed against it. 3 are pending.
Avaada Clean Project was incorporated on 05 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
Avaada Clean Project has 1 deal on record (1 rights issue); the latest was in March 2024.
Parth Gupta ceased to be Additional Director on 19 Jul 2024. Som Bansal Parkash was appointed as Director on 18 Jul 2024. Praveen Golash ceased to be Director on 06 Jul 2024. Avaada Clean Project has 20 board changes on record in total.
Avaada Clean Project can be reached through the website avaadaenergy.com. Its registered office is in New Delhi, Delhi, India.