Aditya Birla Renewables Green Power Private Limited - Company overview

Waaree was incorporated on 4 September 2015 and is registered with ROC Mumbai I.

2015-09-04 Mumbai, Maharashtra Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹10–25 Cr
▼ -4.6%
FY 2024
PROFIT / LOSS
₹50 Lakh–1 Cr
▼ -67.7%
FY 2024
EBITDA
₹5–10 Cr
▼ -3.6%
FY 2024
NET WORTH
₹25–50 Cr
▲ 2.0%
FY 2024
TOTAL ASSETS
₹50–100 Cr
▼ -1.5%
FY 2024
OPEN CHARGES
1
63.60 cr
PAID-UP CAPITAL
34.26 cr
AUTHORISED CAPITAL
95.00 cr
COMPANY AGE
11 Years 1 Months
since 2015-09-04
LAST FILING WITH ROC
2026-03-31
Last AGM: 2026-09-01
ACTIVE GST
1
Updated: 2024-12-17 16:13:54
TOTAL MONEY RAISED
₹100–500 Cr
SATISFIED CHARGES
-
-

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Waaree covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
79/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (93), financial health (75), director (50) and company-foundation signals.
  • Operating for 11+ years.
Compliance Score Low risk
93/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Annual filings up to date (balance sheet as of Mar 2026).
Financial Health Score Low risk
75/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2024.
  • Positive net worth.
Director Risk Score Moderate
50/100
Board strength, DIN status and churn.
  • 7 directors on the board.
  • Director NIKHILKUMAR BIPIN SANGHANI has DIN status "Deactivated due to non-filing of DIR-3 KYC".
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Waaree Company identity, industry, contact, and registration details from MCA and company records.

Waaree was incorporated on 4 September 2015 and is registered with ROC Mumbai I. It is an active private limited company, now about 11 years old. Its registered office is at A-2, Aditya Birla Centre, Mumbai, Maharashtra.

Its filings describe the main line of business as electricity, gas, steam and air conditioning supply, which made up 100% of turnover.

It has seven directors: Piyush Maheshwari, Mahendra Bhandari, Neetu Tilekar and 4 others. The longest-serving is Nikhilkumar Bipin Sanghani, on the board since 2019; the most recent to join is Mahendra Bhandari, appointed in July 2025. 16 former directors are on record; the most recent to leave was Samir Dash in August 2023. Between them, the directors also sit on the boards of 22 other companies, including Aditya Birla Renewables Energy Trading Limited and Aditya Birla Renewables Spv 3 Limited.

Paid-up capital stands at ₹34.26 crore out of ₹95 crore authorised. The last AGM on record was on 1 September 2026, for accounts made up to 31 March 2026. One charge (secured loan) is still open.

Energy •••••••• ••••••••
  • Location A-2, Aditya Birla Centre,, Mumbai, Maharashtra - 400030
  • Website waaree.com
LinkedIn Facebook Twitter YouTube Instagram
Legal NameAditya Birla Renewables Green Power Private Limited
CIN / LLPINU40300MH2015PTC268114
Company No.268114
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2015-09-04
Date of AGM2026-09-01
Date of Balance Sheet2026-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai I
Credit RatingA1 (Crisil)
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Waaree (7) Current board members from MCA filings, including designation and appointment details.

P
Piyush Maheshwari
Director | Since 2024-02-01 | DIN: 10442218
M
Mahendra Bhandari
Director | Since 2025-07-18 | DIN: 07433524
N
Neetu Tilekar
Company Secretary | Since 2023-01-17
N
Nikhilkumar Bipin Sanghani
CFO | Since 2019-02-01
N
Nikhilkumar Bipin Sanghani
CFO | Since 2019-02-01 | DIN: 07731675
A
Amit Jain
Director | Since 2025-04-23 | DIN: 11050587

Financial Performance of Waaree Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2024
Revenue ₹10–25 Cr ▼ -4.6%
P&L ₹50 Lakh–1 Cr ▼ -67.7%
EBITDA ₹5–10 Cr ▼ -3.6%
Net worth ₹25–50 Cr ▲ 2.0%

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Charges of Waaree Open and satisfied charges registered against the company with MCA.

Others : 63.60 cr
Open Charges: 1 Satisfied Charges: 0
Open 63.60 cr
Satisfied 0
LenderAmountStatus
Others
Creation Date: 11 Dec 2020
 63.60 cr Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Electricity, gas, steam and air conditioning supplyElectricity, gas, steam and air conditioning supply100

Companies With Common Directors Of Waaree Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Aditya Birla Renewables Energy Trading Limited 2 Shared Directors
Aditya Birla Renewables Spv 3 Limited 2 Shared Directors
Aditya Birla Renewables Spv 4 Limited 2 Shared Directors
Aditya Birla Renewables Spv 5 Limited 2 Shared Directors
Aditya Birla Renewables Subsidiary Limited 2 Shared Directors
Aditya Birla Renewables Utkal Limited 2 Shared Directors
Abnl Investment Limited 1 Shared Director
Abrel (Rj) Projects Limited 1 Shared Director
Abrel Epcco Services Limited 1 Shared Director
Abrel Solar Power Limited 1 Shared Director
Abrel Spv 2 Limited 1 Shared Director
Aditya Birla Renewables Energy Limited 1 Shared Director
Aditya Birla Renewables Limited 1 Shared Director
Aditya Birla Renewables Solar Limited 1 Shared Director
Aditya Birla Renewables Spv 1 Limited 1 Shared Director
Electrotherm Renewables Private Limited 1 Shared Director
Harmony Multifun India Private Limited 1 Shared Director
Kotravai Estates Llp 1 Shared Director
Palace Solar Energy Private Limited 1 Shared Director
Rana Jashraj Estates Llp 1 Shared Director
Samrit Buildcon Limited 1 Shared Director
Shambhavnath Estates Llp 1 Shared Director

Financial Ratios of Waaree Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

10 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Waaree Ownership and contribution detail from filings. Full breakdown unlocks with your report.

8 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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GST Compliance of Waaree GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Waaree Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Waaree MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Waaree Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Waaree Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Waaree?
MCA does not publish an "owner" field. Waaree is run by its directors, Piyush Maheshwari, Mahendra Bhandari, Neetu Tilekar and four others. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Waaree?
Waaree has seven current directors: Piyush Maheshwari (since February 2024), Mahendra Bhandari (since July 2025), Neetu Tilekar (since January 2023), Nikhilkumar Bipin Sanghani (since February 2019), Nikhilkumar Bipin Sanghani (since February 2019) and Amit Jain (since April 2025), plus 1 more.
What is CIN of Waaree?
The CIN of Waaree is U40300MH2015PTC268114. Reading it left to right: U means it is not listed, 40300 is the industry code it registered under, MH is Maharashtra, 2015 is the year it was registered, PTC is the company type and 268114 is its registration number.
When was Waaree incorporated?
Waaree was incorporated on 4 September 2015 with ROC Mumbai I. That makes it about 11 years old.
What is the registered address of Waaree?
The registered office on MCA records is A-2, Aditya Birla Centre, Mumbai, Maharashtra - 400030.
What is the current status of Waaree?
MCA shows Waaree as Active, and its last AGM on record was in September 2026.
What is the contact number or email for Waaree?
You can post to its registered office at A-2, Aditya Birla Centre, Mumbai, Maharashtra - 400030 and use its website, https://waaree.com.
What industry or business activity is Waaree associated with?
Its MCA filings list the main business as electricity, gas, steam and air conditioning supply (100% of turnover).
What is paid-up capital and authorised share capital of Waaree?
Paid-up capital is ₹34.26 crore and authorised capital is ₹95 crore, so about 36% of the authorised amount has been issued.
When did Waaree last file accounts and hold an AGM?
The last AGM on record was on 1 September 2026, and the latest balance sheet is for the year ending 31 March 2026.
Where can I see charges and lenders for Waaree?
One charge against Waaree is still open.
Have any directors left Waaree?
Yes, 16 former directors are on record. The most recent to leave were Samir Dash (August 2023), Pawan Kumar Jain (August 2021) and Pujan Pankaj Doshi (July 2021).
Which companies share directors with Waaree?
22 companies share directors with Waaree. Among them are Aditya Birla Renewables Energy Trading Limited, Aditya Birla Renewables Spv 3 Limited, Aditya Birla Renewables Spv 4 Limited and 19 more.
What is the turnover or revenue of Waaree?
Based on filed financial statements, the revenue of Waaree for FY 2024 was in the ₹10–25 Cr range. That is down 4.6% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Waaree?
For FY 2024, the net worth of Waaree was in the ₹25–50 Cr range.
How can I get the financial details of Waaree?
The latest accounts on record are for FY 2024. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Waaree?
The website on record for Waaree is https://waaree.com.
Which company owns waaree.com?
waaree.com is the website listed for Aditya Birla Renewables Green Power Private Limited in its company records.
Waaree - is it listed or unlisted?
Waaree is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Waaree?
Waaree is registered with ROC Mumbai I.
What is the company classification of Waaree?
MCA classifies Waaree as: Private Limited Indian Non-Government Company.
Does Waaree have GST registrations on file?
Yes, one active GST registration is linked to Waaree.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.