About Solarsys Non-Conventional Energy Private Limited
Data last updated: 09 January 2026
Solarsys Non-Conventional Energy Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Avaada Energy Private Limited. It specialises in solar energy solutions, a part of the broader environmental services sector. Incorporated on 20 November 2006, the company has been in operation for over 20 years.
Registered with ROC Mumbai under CIN U40108MH2006PTC165672.
Capital: an authorised share capital of ₹60.5 Cr and a paid-up capital of ₹60.2 Cr. Formerly known as Welspun Energy Meghalaya Private Limited and Giant Textiles Private Limited. It is led by directors Ravi Kant Verma and Thozhutharathu Ramachandran Kishor Nair.
Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹89.4 Cr, a decline of 0.46% compared to the previous year.
The company has a workforce of approximately 4 employees as per the latest available data. It operates as a subsidiary of Avaada Energy Private Limited.
The company is associated with 1 brand - Avaada Group. As per MCA filings, the company has open charges of ₹315.79 Cr and satisfied charges of ₹482 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avaadaenergy.com.
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Registered Address406 4Th Floor Solaris One, N. S. Phadke Marg, Mumbai, Maharashtra, India – 400069
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IndustryEnvironment, Solar Energy Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Solarsys Non-Conventional Energy Private Limited
Solarsys Non-Conventional Energy Private Limited has undergone 2 name changes throughout its history. The company was previously known as Welspun Energy Meghalaya Private Limited, and Giant Textiles Private Limited. The current legal name is Solarsys Non-Conventional Energy Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Solarsys Non-Conventional Energy Private Limited | Current |
| Welspun Energy Meghalaya Private Limited | Previous |
| Giant Textiles Private Limited | Previous |
CIN History of Solarsys Non-Conventional Energy Private Limited
Solarsys Non-Conventional Energy Private Limited has one previous CIN (Corporate Identification Number): U17299MH2006PTC165672. The current CIN is U40108MH2006PTC165672, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40108MH2006PTC165672 | Current |
| U17299MH2006PTC165672 | Previous |
Associated Brands with Solarsys Non-Conventional Energy Private Limited
Solarsys Non-Conventional Energy Private Limited operates one associated brand: Avaada Group. These brands represent Solarsys Non-Conventional Energy Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Renewable energy projects in solar, wind, and storage are developed. | avaada.com |
Competitors & Alternatives of Solarsys Non-Conventional Energy Private Limited
Brands and companies operating in the same space as Solarsys Non-Conventional Energy Private Limited include Octopus Energy, Hero Future Energies, Azure Power and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Octopus Energy
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Utility bill management platform is provided for tracking and billing. | London, United Kingdom, United Kingdom | 2015 |
Hero Future Energies
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Renewable energy projects are developed for utility-scale and commercial use. | London, United Kingdom, United Kingdom | 2012 |
Azure Power
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Provider of independent power producer in the utility scale renewable energy | Delhi, India, India | 2008 |
ACME Group
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Solar energy projects are developed for sustainable energy solutions. | Gurugram, India, India | 2003 |
Acciona Energy
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Renewable energy is developed, constructed, and marketed globally. | Madrid, Spain, Spain | 1997 |
SolarArise
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Solar energy projects are developed and managed across India. | Gurugram, India, India | 2009 |
Tata Power Renewable Energy
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Power producer and plant developer in the solar and wind energy sector | Mumbai, India, India | 2007 |
Greenko Group
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Energy transition and decarbonization solutions are provided by Greenko Group. | Hyderabad, India, India | 2006 |
Atria Power
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Renewable energy is produced via wind, solar, and hybrid systems. | Bengaluru, India, India | 1999 |
Business Activity of Solarsys Non-Conventional Energy Private Limited
Solarsys Non-Conventional Energy Private Limited operates primarily in the electricity, gas, steam and air condition supply sector. The company has 2 registered business activity segments, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Electricity, gas, steam and air condition supply | Locked | Electric power generation, transmission and distribution | Locked |
| Locked | Electricity, gas, steam and air condition supply | Locked | Electric power generation, transmission and distribution | Locked |
Detailed business activity records for Solarsys Non-Conventional Energy Private Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
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Auditor Details of Solarsys Non-Conventional Energy Private Limited
Solarsys Non-Conventional Energy Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DELOITTE HASKINS & SELLS LLP | Locked | Locked | Locked |
Complete auditor history for Solarsys Non-Conventional Energy Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
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Board of Directors of Solarsys Non-Conventional Energy Private Limited
Solarsys Non-Conventional Energy Private Limited is currently managed by 2 directors, with 14 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Ravi Kant Verma
Also directs:
Avaada Clean Knproject Private Limited, Solarsys Non-Conventional Energy Private Limited, Meja Hospitality Services Llp and 5 more
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Director | 04 Aug 2020 | 6 Years 0 Months | Current |
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Thozhutharathu Ramachandran Kishor Nair
Also directs:
Avaada Clean Knproject Private Limited, Avaada Mhsolar Private Limited, Avaada Bankabihar Private Limited and 5 more
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Director | 04 Aug 2020 | 6 Years 0 Months | Current |
Financials of Solarsys Non-Conventional Energy Private Limited FY 2025 filings available
Solarsys Non-Conventional Energy Private Limited reported revenue of ₹89.4 Cr (down 0.46% YoY) for FY 2023.
Ten-year financial statements for Solarsys Non-Conventional Energy Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Solarsys Non-Conventional Energy Private Limited
Shareholding and ownership data for Solarsys Non-Conventional Energy Private Limited
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Charges & Borrowings of Solarsys Non-Conventional Energy Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Mar 2021 | Others | ₹315.79 Cr | Open |
| 05 Feb 2018 | Others | ₹373 Cr | Satisfied |
| 04 Jan 2018 | Others | ₹109 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Solarsys Non-Conventional Energy Private Limited
Solarsys Non-Conventional Energy Private Limited has a workforce of 4 employees as of Apr 09, 2024.
Employee and EPFO history for Solarsys Non-Conventional Energy Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Solarsys Non-Conventional Energy Private Limited
GST registrations and filing compliance for Solarsys Non-Conventional Energy Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
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Credit Ratings, Litigation & Regulatory Alerts for Solarsys Non-Conventional Energy Private Limited
Credit ratings, litigation, and regulatory alerts for Solarsys Non-Conventional Energy Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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- Director-linked violations
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MSME Payment Delays by Solarsys Non-Conventional Energy Private Limited
MSME payment history for Solarsys Non-Conventional Energy Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
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Subsidiaries & Group Companies of Solarsys Non-Conventional Energy Private Limited
Corporate group structure for Solarsys Non-Conventional Energy Private Limited
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- Parent company
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MCA Filings & Documents of Solarsys Non-Conventional Energy Private Limited
MCA filings and documents for Solarsys Non-Conventional Energy Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
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- Complete filing index
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Recent Activity on Solarsys Non-Conventional Energy Private Limited
Frequently Asked Questions about Solarsys Non-Conventional Energy Private Limited
Solarsys Non-Conventional Energy Private Limited is an active private limited company in the environment sector based in Mumbai, Maharashtra, India. It was incorporated on 20 November 2006 (20+ years old) and is registered under CIN U40108MH2006PTC165672. The company has 4 employees.
Solarsys Non-Conventional Energy Private Limited reported revenue of ₹89.4 Cr for FY 2023 (down 0.46% YoY).
The current directors of Solarsys Non-Conventional Energy Private Limited are:
- Ravi Kant Verma - Director
- Thozhutharathu Ramachandran Kishor Nair - Director
The primary industry of Solarsys Non-Conventional Energy Private Limited is environment. The company specifically operates in solar energy solutions. The company is currently active in this sector.
Solarsys Non-Conventional Energy Private Limited can be reached at the registered office: 406 4Th Floor Solaris One, N. S. Phadke Marg, Mumbai, Maharashtra, India – 400069, or through the website avaadaenergy.com.
The authorised capital is ₹60.5 Cr, and the paid-up capital is ₹60.2 Cr.