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Waa Solar Limited - Company Profile

It is a environment public limited company based in Vadodara, Gujarat, India, established in 2009.

2009 | Vadodara, Gujarat, India | Active
Last Updated:

About Waa Solar Limited

Waa Solar Limited, a active public limited company, was established on 09 November 2009 in Vadodara, Gujarat, India. Engaging in solar energy solutions within the electricity, gas, steam and air condition supply sector, it holds CIN: L40106GJ2009PLC076764. Registered under ROC Roc Ahmedabad. it is listed on BSE: 541445. It has an authorized capital of ₹18.00 Cr and a paid-up capital of ₹13.27 Cr.

Formerly known as Waa Solar P Limited, Waa Solar Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹26.19 Cr and a net worth of ₹177.94 Cr. Its leadership includes Nikhil Kaushik (Director), Neelakshi Amit Khurana (Director), Amit Khurana Ashok (Managing Director). Past directors included Nikhil Kaushik, Mayur Rajendrabhai Parikh, Vineet Rathi Omprakash. It holds ₹399.39 Cr open charges and ₹639.83 Cr settled loans. Its latest AGM occurred on 25 September 2024, with the balance sheet filed on 31 March 2024. It is based at Madhav House Nr. Panchratna Building, Subhanpura, Vadodara, Gujarat, 390023.

Company Details

  • CIN/LLPIN

    L40106GJ2009PLC076764

  • Registration Number

    076764

  • Incorporation Date

    09 November 2009

  • Authorized Capital

    ₹18.00 Cr

  • Paid-Up Capital

    ₹13.27 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (BSE: 541445)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 13.27 Cr
  • Company Age 16 Year, 22 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 399.39 Cr
  • Satisfied Charges ₹ 639.83 Cr
  • Revenue Growth 8.89%
  • Profit Growth 31.33%
  • Ebitda 3.13%
  • Net Worth 3.79%
  • Total Assets -2.26%
Company report

Waa Solar Limited

Company Report FY 2025-2026

Explore comprehensive insights into Waa Solar 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 Waa Solar Limited?

Current Directors

NameDesignationAppointment DateStatus
Nikhil KaushikDirector09 Feb 2024Current
Neelakshi Amit KhuranaDirector01 Apr 2021Current
Amit Khurana AshokManaging Director26 Dec 2017Current
Shankar Prasad BhagatDirector14 Aug 2024Current
Mangi Lal SinghiDirector27 Oct 2017Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director12 Mar 2024Past
Pramod AbcsddDirector21 Mar 2018Past
Pramod AbcsddDirector21 Mar 2018Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddAdditional Director24 Sep 2024Past
Pramod AbcsddDirector26 Dec 2017Past

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Financial Performance of Waa Solar.

Waa Solar Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.89% increase. The company also saw a substantial improvement in profitability, with a 31.33% increase in profit. The company's net worth moved up by a moderate rise of 3.79%.

Waa Solar revenue growth over time
Waa Solar profit and loss trends over time
  • 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
8.89%
Revenue from Operations
9.70%
Total Assets
-2.26%
Profit or Loss
31.33%
Net Worth
3.79%
EBITDA
3.13%

What is the Ownership and Shareholding Structure of Waa Solar?

In 2023, Waa Solar had a promoter holding of 69.82% and a public holding of 30.19%. The company had 8 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹3,993,905,000.00

Satisfied Charges

₹6,398,265,162.00

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 322.02 Cr
  • State Bank Of India : 66.44 Cr
  • Others : 10.38 Cr
  • Hdfc Bank Limited : 0.55 Cr

Latest Charge Details

DateLenderAmountStatus
12 Sep 2024Sbicap Trustee Company Limited₹186.58 CrOpen
21 Feb 2024Hdfc Bank Limited₹0.64 MOpen
02 Dec 2023Others₹10.38 CrOpen
03 Aug 2023Hdfc Bank Limited₹2.65 MOpen
28 Apr 2023Sbicap Trustee Company Limited₹66.44 CrOpen

Explore comprehensive loan charge details -

How Many Employees Work at Waa Solar?

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

Employee growth trends for Waa Solar Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Waa Solar, 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 Waa Solar's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Waa Solar

Recent Activity within the Organization

  • Charges

    The activity A charge with Sbicap Trustee Company Limited of Rs. 186.58 Cr registered on 12 Sep 2024 with Charge ID 100979788 was modified on 30 Sep 2025. was completed.

  • Director Appointment

    Mansi Heda was appointed as a Company Secretary was appointed as a Company Secretary on 14 Aug 2025 & has been associated with this company since 3 months 19 days . was recorded as a recent event.

  • Annual General Meeting

    Progress on Waa Solar Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records. was documented.

  • Charges

    The activity A charge with Sbicap Trustee Company Limited amounted to Rs. 186.58 Cr with Charge ID 100979788 was registered on 12 Sep 2024. was completed.

  • Director Appointment

    The activity Shankar Prasad Bhagat was appointed as a Director was appointed as a Director on 14 Aug 2024 & has been associated with this company since 1 year 3 months . was completed.

  • Balance Sheet

    Waa Solar Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Waa Solar Limited?

    The CIN of Waa Solar Limited is L40106GJ2009PLC076764.

  • Where is Waa Solar Limited headquartered?

    Waa Solar Limited is headquartered at Madhav House Nr. Panchratna Building, Subhanpura, Vadodara, Gujarat, 390023.

  • When was Waa Solar Limited incorporated?

    Waa Solar Limited was incorporated on 09 November 2009.

  • Who are the current directors of Waa Solar Limited?

    The current directors of Waa Solar Limited are

  • What is the primary industry of Waa Solar Limited?

    The primary industry of Waa Solar Limited is Electricity, Gas, Steam And Air Condition Supply.

  • Is Waa Solar Limited a listed company?

    Waa Solar Limited is listed. It is listed on BSE: 541445.

  • What is the capital structure of Waa Solar Limited?

    The authorized capital of Waa Solar Limited is ₹18.00 Cr, and the paid-up capital is ₹13.27 Cr.

  • What is the compliance status of Waa Solar Limited?

    The compliance status of Waa Solar Limited is Compliant.

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