Onix Renewable Limited

Provides renewable energy solutions and turnkey electrical & civil projects.

2014 | Rajkot, Gujarat (India) | Active
Last Updated:

Onix Renewable Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 2.30 Cr
  • Company Age 10 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 114.72 Cr
  • Satisfied Charges ₹ 14.13 Cr
  • Revenue Growth 46.77%
  • Profit Growth 304.32%
  • Ebitda 260.82%
  • Net Worth 84.17%
  • Total Assets 145.96%

About Onix Renewable

Onix Renewable Limited (ORL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 October 2014 and has a history of Ten years and five months. Its registered office is in Rajkot, Gujarat, India.

The Corporate was formerly known as Eletro Trans Products Private Limited. The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 2.30 Cr.

The company currently has active open charges totaling ₹114.72 Cr. The company has closed loans amounting to ₹14.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

Divyesh Savalia, Mansukh Savalia, and Nikhil Savaliya serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31501GJ2014PLC080979

  • Company No.

    080979

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Oct 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables
Energy and Power

What products or services does Onix Renewable Limited offer?

Onix Renewable Limited offers a wide range of products and services, including Electrical & Signaling Contractors, Electrical Work, Telecom Services, Engg & Maintenance, Telecom Engineering Services, Repair & Maintenance Services, Plant Maintenance Services, Electrical & Electronic Goods Repair, Industrial Appliances Repair & Maintenance, Turnkey Consultants & Solutions, Industrial project consultants.

Company report

Onix Renewable Limited

Explore comprehensive data for Onix Renewable Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Onix Renewable?

Board Members (3)

NameDesignationAppointment DateStatus
Nikhil Savaliya Country flag representing In Director 14-Feb-2017Current
Divyesh Savalia Country flag representing In Director 01-Dec-2022Current
Mansukh Savalia Country flag representing In Director 29-Feb-2020Current

Financial Performance of Onix Renewable.

Onix Renewable Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.77% increase. The company also saw a substantial improvement in profitability, with a 304.32% increase in profit. The company's net worth Soared by an impressive increase of 84.17%.

Onix Renewable revenue growth over time
Onix Renewable 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
46.77%
Revenue from Operations
46.66%
Total Assets
145.96%
Profit or Loss
304.32%
Net Worth
84.17%
EBITDA
260.82%

What is the Ownership and Shareholding Structure of Onix Renewable?

In 2023, Onix Renewable had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹114.72 Cr

Satisfied Charges

₹14.13 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 46.53 Cr
  • Others : 37.95 Cr
  • Bank Of India : 30.00 Cr
  • Hdfc Bank Limited : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
27 Sep 2024Others₹26.95 CrOpen
15 Mar 2024Bank Of India₹30.00 CrOpen
15 Mar 2024Others₹10.00 CrOpen
02 Jan 2024Canara Bank₹35.00 CrOpen
15 Sep 2023Canara Bank₹11.53 CrOpen

How Many Employees Work at Onix Renewable?

Onix Renewable has a workforce of 449 employees as of Nov 25, 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.

Employee growth trends for Onix Renewable Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Onix Renewable, 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 Onix Renewable'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 Onix Renewable

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 26.95 Cr with Charge ID 100989345 was registered on 27 Sep 2024.

  • Charges

    A charge with Bank Of India amounted to Rs. 30.00 Cr with Charge ID 100900947 was registered on 15 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100903586 was registered on 15 Mar 2024.

  • Charges

    A charge with Canara Bank amounted to Rs. 35.00 Cr with Charge ID 100837289 was registered on 02 Jan 2024.

  • Charges

    A charge with Canara Bank of Rs. 11.53 Cr registered on 15 Sep 2023 with Charge ID 100782428 was modified on 04 Oct 2023.

  • Annual General Meeting

    Onix Renewable Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Onix Renewable Limited?

    Onix Renewable Limited was incorporated on 07 Oct 2014.

  • What is authorized share capital and paid-up capital of Onix Renewable Limited?

    The authorized share capital of Onix Renewable Limited is ₹ 25.00 Cr and paid-up capital is ₹ 2.30 Cr.

  • Who are the current board members & directors of Onix Renewable Limited?

    Currently 3 directors are associated with Onix Renewable Limited.

    • Divyesh Mansukhbhai Savalia
    • Mansukh Chanabhai Savalia
    • Nikhil Hareshbhai Savaliya

  • What is the registered address of Onix Renewable Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Onix Renewable Limited is P-212 B Gate No: 2 Lodhika Gidc, India, Metoda, Gujarat, 360021.

  • What is the corporate identification number (CIN) and company number of Onix Renewable Limited?

    The corporate identification number (CIN) of Onix Renewable Limited is U31501GJ2014PLC080979 and the company number is 080979 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Onix Renewable Limited?

    The Official website of Onix Renewable Limited is https://www.onixgroup.in

  • What has been the recent revenue trend for Onix Renewable Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Onix Renewable Limited has risen by 46.77%.

  • How many employees does Onix Renewable Limited currently have?

    As Per 2023 financial reports, 449 employees are currently employed by Onix Renewable Limited.

  • What change has been observed in the net worth of Onix Renewable Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Onix Renewable Limited has experienced an upsurge of 84.17%.

  • What are the total open charges for Onix Renewable Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Onix Renewable Limited amount to ₹ 114.72 Cr.

  • When was the last Balance Sheet of Onix Renewable Limited filed with the ROC?

    The most recent Balance Sheet for Onix Renewable Limited was filed with the ROC on 31 Mar 2023.

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