Abha Solarfarms Limited
About Abha Solarfarms Limited
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Abha Solarfarms Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Ostro Energy Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 16 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40300GJ2015PLC082583. Its GSTIN is 08AAVCS6993C1ZL (Rajasthan). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹9.3 Cr and a paid-up capital of ₹4.67 Cr. It was formerly known as Abha Solarfarms Private Limited and Sirocco Windfarms Private Limited. It is led by directors including Bharat Bahl and Kailash Chandra Pandey.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.42 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.35 Cr (net margin 17.5%) and EBITDA of ₹11.68 Cr (EBITDA margin 87.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹750 Cr and satisfied charges of ₹176.22 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 6 deals on record (3 convertible or debt financings, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹18.53 Cr; the latest was in May 2019. Its 6 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 3 smaller; the largest is Aalok Solarfarms Limited with revenue of ₹13.52 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Abha Solarfarms has undergone 2 name changes throughout its history. The company was previously known as Abha Solarfarms Private Limited, and Sirocco Windfarms Private Limited. The current legal name is Abha Solarfarms Limited.
| Company Name | Status |
|---|---|
| Abha Solarfarms Limited | Current |
| Abha Solarfarms Private Limited | Previous |
| Sirocco Windfarms Private Limited | Previous |
CIN history
Abha Solarfarms has one previous CIN (Corporate Identification Number): U40300GJ2015PTC082583. The current CIN is U40300GJ2015PLC082583, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40300GJ2015PLC082583 | Current |
| U40300GJ2015PTC082583 | Previous |
Contact details
Abha Solarfarms Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressA – 1304 Empire Business Hub, Science City Road Near Shukan Mall, Ahmedabad, Gujarat, India – 380060
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Abha Solarfarms 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
Business activity
The main business activity of Abha Solarfarms is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Abha Solarfarms Limited, buy the company report.
Financials of Abha Solarfarms Limited
FY 2025 filings availableAbha Solarfarms Limited reported revenue of ₹13.42 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 3% 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 | ₹11.68 Cr | ||||
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| Net Profit (PAT) | ₹2.35 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 87.1% | ||||
| Net Profit Margin | 17.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Abha Solarfarms Limited, buy the company report.
Board of directors of Abha Solarfarms Limited
Abha Solarfarms has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Bahl Also directs: Kanak Renewables Limited, Heramba Renewables Limited, Prathamesh Solarfarms Limited and 5 more | Director | 28 Mar 2018 | 8 Years 7 Months | Current |
| Kailash Chandra Pandey Also directs: Heramba Renewables Limited, Prathamesh Solarfarms Limited, Aalok Solarfarms Limited and 5 more | Director | 02 May 2025 | 1 Years 6 Months | Current |
| Nitin Sabikhi Also directs: Shreyas Solarfarms Limited, Renew Jal Urja Private Limited, Renew Hydro Power Private Limited and 5 more | Director | 14 Apr 2025 | 1 Years 7 Months | Current |
Peer comparison
Abha Solarfarms Limited is compared with the 6 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aalok Solarfarms Limited | ₹13.52 Cr (FY 2025) | 1.0% | Ahmedabad, Gujarat, India | |||
| Palimarwar Solar Project Private Limited | ₹13.45 Cr (FY 2024) | 2.0% | Kolkata, West Bengal, India | |||
| Vyomaa Energy Private Limited | ₹13.43 Cr (FY 2025) | 92.0% | Rajanagaram, Andhra Pradesh, India | |||
| Abha Solarfarms Limitedthis company | ₹13.42 Cr (FY 2025) | ₹2.35 Cr | 17.5% | -1.0% | Ahmedabad, Gujarat, India | |
| Solarcraft Sandur Private Limited | ₹13.37 Cr (FY 2025) | -13.0% | New Delhi, Delhi, India | |||
| Sei Solar Energy Private Limited | ₹13.36 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Sagitaur Ventures India Private Limited | ₹13.34 Cr (FY 2025) | 216.0% | J P Nagar, Karnataka, India |
To see the full peer comparison of Abha Solarfarms Limited, buy the company report.
Auditor
Abha Solarfarms Limited is audited by S R BATLIBOI & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R BATLIBOI & CO LLP | FY 2023 | 301003E/E300005 |
Shareholding
The shareholding of Abha Solarfarms Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Abha Solarfarms Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Aug 2024 | 101149838 | Others | ₹750 Cr | Open | |
| 17 May 2022 | 100580601 | Others | ₹59.11 Cr | Satisfied | |
| 17 Mar 2021 | 100429950 | Others | ₹61.66 Cr | Satisfied | |
| 16 May 2017 | 100099290 | Others | ₹55.45 Cr | Satisfied |
To see the full charge records of Abha Solarfarms Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Abha Solarfarms Limited has 6 deals on record (3 convertible or debt financings, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹18.53 Cr; the latest was in May 2019.
Deals on record (3 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2019 | Acquisition | ₹9.83 Cr | Buyer: Ostro Energy Private Limited Seller: Suzlon Energy Limited |
| May 2019 | Secondary share transfer | Undisclosed | Buyer: Ostro Energy Private Limited Seller: Suzlon Energy Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Suzlon Energy Limited , Suzlon Energy Limited & Sangita V.Tanti, Suzlon Energy Limited & Girish R.Tanti Seller: 2 individuals |
To see the full deal history of Abha Solarfarms Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Abha Solarfarms Limited has 1 court case on record: 1 filed by Abha Solarfarms. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, Rajasthan | Writ petition | Filed by the company against Rajasthan Renewable Energy Corporation Limited and 3 others | Pending |
To see the full case history of Abha Solarfarms 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.
Credit ratings & regulatory alerts
Abha Solarfarms Limited was last rated by Care on 05 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Jan 2022 |
To see the full credit ratings and regulatory alerts of Abha Solarfarms Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Abha Solarfarms Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Abha Solarfarms has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAVCS6993C1ZL | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Abha Solarfarms Limited, buy the company report.
Recent activity
Abha Solarfarms Limited has 39 board changes on record since 2015: 21 appointments and 18 cessations. The latest: Kailash Chandra Pandey was appointed as Director on 02 May 2025.
40 earlier events are in the company report.
Frequently asked questions
Abha Solarfarms is an active public limited company based in Ahmedabad, Gujarat, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 16 March 2015 (11+ years old) and is registered under CIN U40300GJ2015PLC082583.
Abha Solarfarms has 3 current directors:
- Bharat Bahl - Director
- Kailash Chandra Pandey - Director
- Nitin Sabikhi - Director
The latest financial statements of Abha Solarfarms 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 Abha Solarfarms is 08AAVCS6993C1ZL, registered in Rajasthan. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Abha Solarfarms is U40300GJ2015PLC082583. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abha Solarfarms has 1 court case on record: 1 filed by the company. 1 is pending.
Abha Solarfarms was incorporated on 16 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Abha Solarfarms has 6 deals on record (3 convertible or debt financings, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹18.53 Cr; the latest was in May 2019.
The peers of Abha Solarfarms by revenue are Aalok Solarfarms Limited, Palimarwar Solar Project Private Limited, Vyomaa Energy Private Limited, Solarcraft Sandur Private Limited, Sei Solar Energy Private Limited and 1 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Kailash Chandra Pandey was appointed as Director on 02 May 2025. Saurabh Roy ceased to be Director on 02 May 2025. Nitin Sabikhi was appointed as Director on 14 Apr 2025. Abha Solarfarms has 39 board changes on record in total.
The registered office of Abha Solarfarms is at A – 1304 Empire Business Hub, Science City Road Near Shukan Mall, Ahmedabad, Gujarat, India – 380060.
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