Company Intelligence Profile
Avaada Electro Limited
Avaada Electro Limited makes solar PV cells and modules in India, including N-Type TOPCon modules sold under the ENLUME and INTEGLOW brands.
Last updated 20 October 2026
Avaada Electro Limited makes solar PV cells and modules in India. It was incorporated on 27 Apr 2021 and is registered in Uttar Pradesh, with its office in Noida. It is part of the Avaada Group. Its registered charges include ₹3,367.0 Cr and ₹2,575.0 Cr in favour of SBICap Trustee Company Limited, both dated 11 Feb 2026.
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Company Identity
| Registered name | Avaada Electro Limited |
|---|---|
| CIN | U31905UP2021PLC145680 |
| Status | Active |
| Listing | |
| Incorporated | 27 April 2021 |
| ROC | Registrar of Companies, Uttar Pradesh |
| Sector (NIC) | Energy (NIC 31905) |
| Registered address | C-11, Sector-65, Gautam Buddha Nagar, Noida, Uttar Pradesh - 201301 |
| Authorized capital | INR 3,000.0 Cr |
| Paid-up capital | INR 771.15 Cr |
Source: www.tofler.in
Business Overview
- Avaada Electro Limited is the solar manufacturing arm of the Avaada Group.
- It makes N-Type TOPCon solar modules under the ENLUME and INTEGLOW brands.
- It sells to residential, commercial and industrial, and utility-scale customers.
- Its plants are in Nagpur/Butibori, Maharashtra and Dadri, Uttar Pradesh.
- It was incorporated on 27 Apr 2021.
Source: avaadaelectro.com
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Vineet Mittal | 00058552 | Whole-time Director & Chairman | - |
| Vinoo George | 00993702 | - | - |
| Rajnish Kumar | 05328267 | - | - |
| Diana Elizabeth Miller | 11230867 | - | - |
| Subhash Kamath | 01731923 | - | - |
| Sindoor Vineet Mittal | 00292184 | - | - |
| Kaushal Gautambhai Shah | 06898439 | - | - |
| Surendra Gupta | 02546773 | Company Secretary | - |
Source: www.tofler.in
Financials
- Revenue under ₹1 Cr
Source: www.tofler.in
Charges & Borrowings
| IndusInd Bank Limited | ₹400.0 Cr, 03 Jun 2026 |
|---|---|
| SBICap Trustee Company Limited | ₹3,367.0 Cr, 11 Feb 2026 |
| SBICap Trustee Company Limited | ₹2,575.0 Cr, 11 Feb 2026 |
| IndusInd Bank Limited | ₹300.0 Cr, 21 Aug 2025 |
| SBICap Trustee Company Limited | ₹145.0 Cr, 21 Feb 2025 |
Source: www.tofler.in
Competitors
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