
About Abellon Co-Gen Limited
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Abellon Co-Gen Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Abellon Cleanenergy Limited. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 13 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40300GJ2010PLC061558. Its GSTIN is 24AAICA6914C1Z1 (Gujarat).
The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹12.23 Cr. It was formerly known as Abellon Cleanenergy Anjar Limited and Abellon Agni Two Limited. It is led by directors including Mukundkumar Natvarlal Shah and Rajeshkumar Amrutlal Raval.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 10th Floor Sangeeta Complex Near Parimal Crossing Ellisbridge, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.23 Lakh, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹38.01 Lakh and EBITDA of -₹2.37 Lakh (EBITDA margin -106.3%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 70% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Abellon CleanEnergy. As per MCA filings, the company has open charges of ₹11.08 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 1 case is pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹12.19 Cr; the latest was in June 2019. Its 10 peer companies in the Power industry (Transmission and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Shri Padmavati Wind Energy Private Limited with revenue of ₹2.37 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website abelloncleanenergy.com.
Company details
Name history
Abellon Co-Gen has undergone 2 name changes throughout its history. The company was previously known as Abellon Cleanenergy Anjar Limited, and Abellon Agni Two Limited. The current legal name is Abellon Co-Gen Limited.
| Company Name | Status |
|---|---|
| Abellon Co-Gen Limited | Current |
| Abellon Cleanenergy Anjar Limited | Previous |
| Abellon Agni Two Limited | Previous |
Contact details
Abellon Co-Gen Limited's registered office is in Ahmedabad, Gujarat. Its website is abelloncleanenergy.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address10th Floor Sangeeta Complex Near Parimal Crossing Ellisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Abellon Co-Gen Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Abellon Co-Gen operates one associated brand: Abellon CleanEnergy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Converts urban and agricultural waste into renewable energy through projects in India. | abelloncleanenergy.com |
Financials of Abellon Co-Gen Limited
FY 2025 filings availableAbellon Co-Gen Limited reported revenue of ₹2.23 Lakh (down 79% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 70% over five years, including a 79% fall in the latest year. EBITDA rose 94% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹2.37 Lakh | ||||
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| Net Profit (PAT) | -₹38.01 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -106.3% | ||||
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To see the full financial statements and ratios of Abellon Co-Gen Limited, buy the company report.
Board of directors of Abellon Co-Gen Limited
Abellon Co-Gen has 5 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukundkumar Natvarlal Shah | Director | 19 May 2021 | 5 Years 5 Months | Current |
| Rajeshkumar Amrutlal Raval | Director | 15 Feb 2023 | 3 Years 8 Months | Current |
| Mukesh Solanki Also directs: Abellon Bambooworks Limited, Abellon Solarenergy Limited, Abellon Epc & Technologies Limited and 2 more | Director | 30 Aug 2025 | 1 Years 2 Months | Current |
| Manishbhai Shantilal Patel Also directs: Junagadh Power Projects Private Limited, Bhavnagar Biomass Power Projects Private Limited, Abellon Solarenergy Limited and 5 more | Director | 10 Sep 2025 | 1 Years 1 Months | Current |
| Aatrey Narendrabhai Pandya | Additional Director | 04 Oct 2025 | 1 Years 0 Months | Current |
Peer comparison
Abellon Co-Gen Limited is compared with the 10 companies closest to it by revenue in the Power industry (Transmission and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shri Padmavati Wind Energy Private Limited | ₹2.37 Lakh (FY 2024) | -91.0% | Satara, Maharashtra, India | |||
| K E Transmission Private Limited | ₹2.27 Lakh (FY 2025) | -98.0% | Vijapur, Gujarat, India | |||
| Greenko Demwe Power Limited | ₹2.27 Lakh (FY 2017) | 3221.0% | New Delhi, Delhi, India | |||
| Shri Durga Agro Energy Limited | ₹2.25 Lakh (FY 2025) | 2.0% | Buxar, Bihar, India | |||
| Utu Energy Private Limited | ₹2.24 Lakh (FY 2016) | Gangavathi, Karnataka, India | ||||
| Abellon Co-Gen Limitedthis company | ₹2.23 Lakh (FY 2025) | -₹38.01 Lakh | -79.0% | 6 | Ahmedabad, Gujarat, India | |
| Shail Powertech and Infra Private Limited | ₹2.19 Lakh (FY 2025) | -51.0% | Ujjain, Madhya Pradesh, India | |||
| Max Planck Solarfarms Private Limited | ₹2.14 Lakh (FY 2021) | -97.0% | New Delhi, Delhi, India | |||
| Mathura Infrastructure Private Limited | ₹2.13 Lakh (FY 2018) | 141.0% | Kolhapur, Maharashtra, India | |||
| Midastouch Power Private Limited | ₹2.1 Lakh (FY 2025) | 0.0% | Bolangir, Odisha, India | |||
| Yaks Energy Private Limited | ₹2.07 Lakh (FY 2024) | -94.0% | Delhi, India |
To see the full peer comparison of Abellon Co-Gen Limited, buy the company report.
Auditor
Abellon Co-Gen Limited is audited by MEHUL KHATSURIYA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHUL KHATSURIYA & ASSOCIATES | FY 2018 | 130254W |
Shareholding
The shareholding of Abellon Co-Gen Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Abellon Co-Gen Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2020 | 100329089 | Others | ₹4.12 Cr | Open | |
| 13 Jun 2019 | 100274808 | Others | ₹6.96 Cr | Open |
To see the full charge records of Abellon Co-Gen Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Abellon Co-Gen Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹12.19 Cr; the latest was in June 2019.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2019 | Funding round | ₹4.35 Cr | Investors: Abellon Cleanenergy Limited |
| Jan 2013 | Funding round | ₹7.83 Cr | Investors: Abellon Cleanenergy Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Abellon Co-Gen Limited has 6 court cases on record: 1 filed by Abellon Co-Gen, 5 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 3 | 0 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by M/S Rolex Rings Pvt. Ltd. and 5 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by Antique Marbonite Pvt. Ltd. and 5 others | Disposed |
| High Court of Gujarat | Special civil application | Filed against the company by M/S Goodwatts Wte Botad Pvt. Ltd. | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against M/S. Goodwatts Wte Botad Pvt. Ltd. and 2 others | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by an individual | Pending |
To see the full case history of Abellon Co-Gen Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Abellon Co-Gen Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Abellon Co-Gen Limited has a workforce of 6 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Abellon Co-Gen has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICA6914C1Z1 | Gujarat | Active | 29 Apr 2019 |
To see the full GST registrations and return filing status of Abellon Co-Gen Limited, buy the company report.
Recent activity
Abellon Co-Gen Limited has 22 board changes on record since 2011: 5 appointments and 17 cessations. The latest: Aatrey Narendrabhai Pandya was appointed as Additional Director on 04 Oct 2025.
17 earlier events are in the company report.
Frequently asked questions
Abellon Co-Gen is an active public limited company based in Ahmedabad, Gujarat, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 13 July 2010 (16+ years old) and is registered under CIN U40300GJ2010PLC061558.
Abellon Co-Gen has 5 current directors:
- Mukundkumar Natvarlal Shah - Director
- Rajeshkumar Amrutlal Raval - Director
- Mukesh Solanki - Director
- Manishbhai Shantilal Patel - Director
- Aatrey Narendrabhai Pandya - Additional Director
The latest financial statements of Abellon Co-Gen on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Abellon Co-Gen is 24AAICA6914C1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of Abellon Co-Gen is U40300GJ2010PLC061558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abellon Co-Gen has 6 court cases on record: 1 filed by the company and 5 filed against it. 1 is pending. Most are in the high courts.
Abellon Co-Gen was incorporated on 13 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Abellon Co-Gen has 2 deals on record (2 funding rounds), with disclosed funding of ₹12.19 Cr; the latest was in June 2019.
The peers of Abellon Co-Gen by revenue are Shri Padmavati Wind Energy Private Limited, K E Transmission Private Limited, Greenko Demwe Power Limited, Shri Durga Agro Energy Limited, Utu Energy Private Limited and 5 more, all in the Power industry (Transmission and Distribution).
Aatrey Narendrabhai Pandya was appointed as Additional Director on 04 Oct 2025. Manishbhai Shantilal Patel ceased to be Additional Director on 29 Sep 2025. Mukesh Solanki ceased to be Additional Director on 29 Sep 2025. Abellon Co-Gen has 22 board changes on record in total.
Abellon Co-Gen can be reached through the website abelloncleanenergy.com. Its registered office is in Ahmedabad, Gujarat, India.

