Abrel Solar Power Limited

Constructing 25-MWp solar capacity in Bolangir, Odisha with 74% stake held by ASPL.

2021 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Abrel Solar Power Profile

Key Indicators

  • Authorised Capital ₹ 285.00 Cr
  • Paid Up Capital ₹ 273.40 Cr
  • Company Age 3 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,179.92 Cr
  • Revenue Growth %
  • Profit Growth -397.20%
  • Ebitda 704.56%
  • Net Worth 816.23%
  • Total Assets 1027.91%

About Abrel Solar Power

Abrel Solar Power Limited (ASPL) is a Public Limited Indian Non-Government Company incorporated in India on 31 August 2021 (Three years and five months 24 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 285.00 Cr and a paid-up capital of Rs 273.40 Cr.

The company currently has active open charges totaling ₹1,179.92 Cr.

The Key Managerial Personnel (KMP) at Abrel Solar Power Limited India are Nikhil Kankaria as CFO and Pooja Dharia as Company Secretary. Samir Dash, Sanjay Patra, Archana Balwant, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    adityabirla.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40106MH2021PLC366642

  • Company No.

    366642

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Aug 2021

  • Date of AGM

    02 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Environment

Who are the key members and board of directors at Abrel Solar Power?

Executive Team (2)

NameDesignationAppointment DateStatus
Nikhil Kankaria CFO31-May-2024Current
Pooja Dharia Country flag representing In Company Secretary28-Jul-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Sanjay Patra Country flag representing In Director 05-May-2022Current
Ashish Razdan Country flag representing In Director 10-Jul-2024Current
Samir Dash Country flag representing In Director 23-Mar-2022Current
Archana Balwant Country flag representing Gb Director 11-May-2023Current
Mahendra Bhandari Country flag representing In Director 10-Jul-2024Current

Financial Performance of Abrel Solar Power.

Abrel Solar Power Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 397.2% decrease in profit. The company's net worth Soared by an impressive increase of 816.23%.

Graph illustrating revenue growth over time
Graph showing 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
Revenue from Operations
Total Assets
1027.91%
Profit or Loss
-397.20%
Net Worth
816.23%
EBITDA
704.56%

What is the Ownership and Shareholding Structure of Abrel Solar Power?

In 2023, Abrel Solar Power had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,179.92 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1179.92 Cr

Latest Charge Details

DateLenderAmountStatus
27 Mar 2023Others₹861.92 CrOpen
12 Oct 2022Others₹228.00 CrOpen
29 Dec 2021Others₹90.00 CrOpen

How Many Employees Work at Abrel Solar Power?

Abrel Solar Power has a workforce of 0 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abrel Solar Power, 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 Abrel Solar Power'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 Abrel Solar Power

Recent activity within the organization

  • Annual General Meeting

    Abrel Solar Power Limited last Annual general meeting of members was held on 02 Aug 2024 as per latest MCA records.

    02 Aug 2024

  • Director Appointment

    Mahendra Bhandari was appointed as a Director was appointed as a Director on 10 Jul 2024 & has been associated with this company since 7 months 15 days .

    10 Jul 2024

  • Director Appointment

    Ashish Razdan was appointed as a Director was appointed as a Director on 10 Jul 2024 & has been associated with this company since 7 months 15 days .

    10 Jul 2024

  • Director Appointment

    Nikhil Kankaria was appointed as a Cfo was appointed as a Cfo on 31 May 2024 & has been associated with this company since 8 months 24 days .

    31 May 2024

  • Balance Sheet

    Abrel Solar Power Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 861.92 Cr with Charge ID 100703921 was registered on 27 Mar 2023.

    27 Mar 2023

Frequently asked questions

  • Abrel Solar Power Limited was incorporated on 31 Aug 2021.

  • The authorized share capital of Abrel Solar Power Limited is ₹ 285.00 Cr and paid-up capital is ₹ 273.40 Cr.

  • Currently 7 directors are associated with Abrel Solar Power Limited.

    • Nikhil Kankaria
    • Pooja Hitesh Dharia
    • Samir Dash
    • Sanjay Kumar Patra
    • Archana Maru Balwant
    • Mahendra Bhandari
    • Ashish Razdan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Abrel Solar Power Limited is A-2 Aditya Birla Centre S.K. Ahire Marg, Worli India, Mumbai, Maharashtra, 400030.

  • The corporate identification number (CIN) of Abrel Solar Power Limited is U40106MH2021PLC366642 and the company number is 366642 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Abrel Solar Power Limited is https://www.adityabirla.com

  • The financial reports for the fiscal year 2023 indicates that The net worth of Abrel Solar Power Limited has experienced an upsurge of 816.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Abrel Solar Power Limited amount to ₹ 1,179.92 Cr.

  • The most recent Balance Sheet for Abrel Solar Power Limited was filed with the ROC on 31 Mar 2024.

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