Abrel (Odisha) SPV Limited
About Abrel (Odisha) SPV Limited
Data last updated:
Abrel (Odisha) SPV Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Aditya Birla Renewables Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 15 June 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40109MH2022PLC384633. Its GSTIN is 27AAXCA1599A1ZD (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹19.28 Cr. It is led by directors including Vijay Gopi Kishan Agarwal and Hemant Kumar Kadel.
Its last annual general meeting (AGM) was held on 11 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 2 Aditya Birla Centre S. K. Ahire Marg Worli, Mumbai, Maharashtra, India – 400030.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.73 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.26 Cr (net margin -71.7%) and EBITDA of ₹4.73 Cr (EBITDA margin 54.2%).
As per MCA filings, the company has open charges of ₹80 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Abrel (Odisha) SPV Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 2 Aditya Birla Centre S. K. Ahire Marg Worli, Mumbai, Maharashtra, India – 400030
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Abrel (Odisha) SPV 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 Abrel (Odisha) SPV 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 Abrel (Odisha) SPV Limited, buy the company report.
Financials of Abrel (Odisha) SPV Limited
FY 2025 filings availableAbrel (Odisha) SPV Limited reported revenue of ₹8.73 Cr (up 362% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 362% in the latest year. EBITDA rose 800% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | ₹4.73 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹6.26 Cr | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 54.2% | ||
| Net Profit Margin | -71.7% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Abrel (Odisha) SPV Limited, buy the company report.
Board of directors of Abrel (Odisha) SPV Limited
Abrel (Odisha) SPV has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Gopi Kishan Agarwal | Director | 06 Apr 2023 | 3 Years 6 Months | Current |
| Hemant Kumar Kadel Also directs: Abrel Green Energy Limited, Renukeshwar Estates LLP, Birla Advanced Knits Private Limited and 5 more | Director | 15 Jun 2022 | 4 Years 4 Months | Current |
| Sanjay Kumar Patra Also directs: Abrel Green Energy Limited, Aditya Birla Renewables SPV 1 Limited, Palace Solar Energy Private Limited and 5 more | Director | 06 Apr 2023 | 3 Years 6 Months | Current |
| Amit Jain Also directs: Abrel Green Energy Limited, Abrel Hybrid Projects Limited, Abrel Solar Power Limited and 5 more | Director | 14 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Abrel (Odisha) SPV Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Sunsure Solarpark Eight Private Limited | ₹8.79 Cr (FY 2025) | 94.0% | Gurgaon, Haryana, India | |||
| Huoban Energy 2 Private Limited | ₹8.78 Cr (FY 2025) | 31.0% | Hyderabad, Telangana, India | |||
| LR Energy Private Limited | ₹8.73 Cr (FY 2025) | -27.0% | New Delhi, Delhi, India | |||
| Dde Renewable Energy Private Limited | ₹8.73 Cr (FY 2025) | 7.0% | Rajasthan, India | |||
| Abrel (Odisha) SPV Limitedthis company | ₹8.73 Cr (FY 2025) | -₹6.26 Cr | -71.7% | 362.0% | Mumbai, Maharashtra, India | |
| First Energy TN 1 Private Limited | ₹8.7 Cr (FY 2025) | -4.0% | Pune, Maharashtra, India | |||
| Newzen Green Energy India Private Limited | ₹8.67 Cr (FY 2024) | 1056.0% | Bangalore, Karnataka, India | |||
| Enfinity India Private Limited | ₹8.64 Cr (FY 2025) | 1.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Abrel (Odisha) SPV Limited, buy the company report.
Auditor
Abrel (Odisha) SPV Limited is audited by KKC & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KKC & Associates LLP | FY 2023 | 105146W/W100621 |
Shareholding
The shareholding of Abrel (Odisha) SPV Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Abrel (Odisha) SPV Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 May 2023 | 100727385 | Others | ₹80 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Abrel (Odisha) SPV Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Abrel (Odisha) SPV Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Winbee Solutions Private Limited |
To see the full MSME payment records of Abrel (Odisha) SPV Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Abrel (Odisha) SPV Limited has 1 active EPFO establishment as of Apr 03, 2024.
GST
Abrel (Odisha) SPV has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAXCA1599A1ZD | Maharashtra | Active | 10 Aug 2022 |
| 21AAXCA1599A1ZP | Odisha | Active | 05 Aug 2022 |
To see the full GST registrations and return filing status of Abrel (Odisha) SPV Limited, buy the company report.
Recent activity
Abrel (Odisha) SPV Limited has 10 board changes on record since 2022: 4 appointments and 6 cessations. The latest: Amit Jain ceased to be Additional Director on 10 Aug 2025.
2 earlier events are in the company report.
Frequently asked questions
Abrel (Odisha) SPV is an active public limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 15 June 2022 (4+ years old) and is registered under CIN U40109MH2022PLC384633.
Abrel (Odisha) SPV has 4 current directors:
- Vijay Gopi Kishan Agarwal - Director
- Hemant Kumar Kadel - Director
- Sanjay Kumar Patra - Director
- Amit Jain - Director
The latest financial statements of Abrel (Odisha) SPV on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 August 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Abrel (Odisha) SPV is 27AAXCA1599A1ZD, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 21AAXCA1599A1ZP (Odisha).
The CIN (Corporate Identification Number) of Abrel (Odisha) SPV is U40109MH2022PLC384633. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abrel (Odisha) SPV was incorporated on 15 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Abrel (Odisha) SPV by revenue are Sunsure Solarpark Eight Private Limited, Huoban Energy 2 Private Limited, LR Energy Private Limited, Dde Renewable Energy Private Limited, First Energy TN 1 Private Limited and 2 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Amit Jain ceased to be Additional Director on 10 Aug 2025. Samir Dash ceased to be Director on 15 Apr 2025. Amit Jain was appointed as Director on 14 Apr 2025. Abrel (Odisha) SPV has 10 board changes on record in total.
Abrel (Odisha) SPV has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 27 Apr 2024.
The registered office of Abrel (Odisha) SPV is at A – 2 Aditya Birla Centre S. K. Ahire Marg Worli, Mumbai, Maharashtra, India – 400030.
Abrel (Odisha) SPV operates in the environment industry, in the solar energy solutions segment.
Abrel (Odisha) SPV has open charges of ₹80 Cr and no satisfied charges on record as per latest MCA filings.
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