Solar Avenues Private Limited
About Solar Avenues Private Limited
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Solar Avenues Private Limited is a private limited company based in Secunderabad, Telangana, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 18 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U45209TG2012PTC081528. Its GSTIN is 36AARCS9152K1ZK (Telangana).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹11.66 Cr. It is led by directors including Aileni Venkateswara Reddy (Managing Director) and Anurag Reddy Aileni.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at # Block A 1802 Saket Sriyam Complex Kapra Kushaiguda, Secunderabad, Telangana, India – 500062.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.71 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹2.67 Lakh (net margin 34.6%) and EBITDA of ₹2.67 Lakh (EBITDA margin 34.6%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 34% over five years.
Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Solar Avenues has one previous CIN (Corporate Identification Number): U45209AP2012PTC081528. The current CIN is U45209TG2012PTC081528, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45209TG2012PTC081528 | Current |
| U45209AP2012PTC081528 | Previous |
Contact details
Solar Avenues Private Limited's registered office is in Secunderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address# Block A 1802 Saket Sriyam Complex Kapra Kushaiguda, Secunderabad, Telangana, India – 500062
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Solar Avenues 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
Business activity
The main business activity of Solar Avenues is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Solar Avenues Private Limited, buy the company report.
Financials of Solar Avenues Private Limited
FY 2024 filings availableSolar Avenues Private Limited reported revenue of ₹7.71 Lakh (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 15% growth in the latest year. EBITDA fell 38% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.67 Lakh | ||||
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| Net Profit (PAT) | ₹2.67 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 34.6% | ||||
| Net Profit Margin | 34.6% | ||||
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To see the full financial statements and ratios of Solar Avenues Private Limited, buy the company report.
Board of directors of Solar Avenues Private Limited
Solar Avenues has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anurag Reddy Aileni Also directs: Stranex Industries Private Limited | Director | 12 Jan 2021 | 5 Years 9 Months | Current |
| Tara Devi Galapally | Director | 18 Jun 2012 | 14 Years 4 Months | Current |
| Aileni Venkateswara Reddy Also directs: A.P. Explosives Private Limited | Managing Director | 18 Jun 2012 | 14 Years 4 Months | Current |
Auditor
Solar Avenues Private Limited is audited by DEVENDRA U & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEVENDRA U & CO | FY 2021 | 022812S |
Shareholding
The shareholding of Solar Avenues Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solar Avenues Private Limited, buy the company report.
Legal cases
Solar Avenues Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by individuals | Pending |
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed against the company | Pending |
To see the full case history of Solar Avenues 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 Solar Avenues Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Solar Avenues has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AARCS9152K1ZK | Telangana | Active | 10 Nov 2021 |
To see the full GST registrations and return filing status of Solar Avenues Private Limited, buy the company report.
Recent activity
Solar Avenues Private Limited has 5 board changes on record since 2012: 3 appointments and 2 cessations. The latest: Anurag Reddy Aileni ceased to be Additional Director on 29 Nov 2021.
Frequently asked questions
Solar Avenues is an active private limited company based in Secunderabad, Telangana, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 18 June 2012 (14+ years old) and is registered under CIN U45209TG2012PTC081528.
Solar Avenues has 3 current directors:
- Aileni Venkateswara Reddy - Managing Director
- Anurag Reddy Aileni - Director
- Tara Devi Galapally - Director
The latest financial statements of Solar Avenues on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Solar Avenues is 36AARCS9152K1ZK, registered in Telangana.
The CIN (Corporate Identification Number) of Solar Avenues is U45209TG2012PTC081528. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solar Avenues has 2 court cases on record: 2 filed against it. 2 are pending.
Solar Avenues was incorporated on 18 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Hyderabad.
Anurag Reddy Aileni ceased to be Additional Director on 29 Nov 2021. Anurag Reddy Aileni was appointed as Director on 12 Jan 2021. Aileni Venkateswara Reddy ceased to be Director on 01 Jan 2015. Solar Avenues has 5 board changes on record in total.
The registered office of Solar Avenues is at # Block A 1802 Saket Sriyam Complex Kapra Kushaiguda, Secunderabad, Telangana, India – 500062.
Solar Avenues operates in the infrastructure and utilities industry, in the general construction services segment.