Onix Renewable Limited - Company Profile

Q: Who are the current directors of Onix Renewable Limited?

The current directors of Onix Renewable Limited are Divyesh Mansukhbhai Savalia, Piyush Mansukhbhai Savalia, Madhuri Divyesh Savaliya.

It is a consumer electronics & durables public limited company based in Metoda, Gujarat, India, established in 2014.

2014 Metoda, Gujarat, India Active

Last Updated: December 31, 2025

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About Onix Renewable Limited

Onix Renewable Limited, a active public limited company, was established on 07 October 2014 in Metoda, Gujarat, India. Engaging in electronics manufacturing within the manufacturing sector, it holds CIN: U35105GJ2014PLC080979. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹550.00 Cr and a paid-up capital of ₹109.27 Cr.

Formerly known as Eletro Trans Products Private Limited. It upholds a compliant status. Employing 1,385 professional, Its leadership includes Divyesh Mansukhbhai Savalia (Director), Piyush Mansukhbhai Savalia (Additional Director), Madhuri Divyesh Savaliya (Additional Director). Past directors included Hirenkumar Himmatlal Dudhat, Mansukh Chanabhai Savalia, Madhavji Ranchhodbhai Viradia. It holds ₹326.94 Cr open charges and ₹14.13 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at P-212 B, Gate No: 2, Lodhika Gidc,, Metoda, Gujarat, 360021.

Company Details

CIN/LLPIN
U35105GJ2014PLC080979
Registration Number
080979
Incorporation Date
07 October 2014
Authorized Capital
₹550.00 Cr
Paid-Up Capital
₹109.27 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 550.00 Cr as on 31-12-2025
Paid Up Capital ₹ 109.27 Cr as on 31-12-2025
Company Age 11 Year, 4 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 326.94 Cr as on 31-12-2025
Satisfied Charges ₹ 14.13 Cr as on 31-12-2025
Revenue Growth **** 122.55% (FY 2024)
Profit Growth **** 300.76% (FY 2024)
Ebitda **** 300.00% (FY 2024)
Net Worth 404.10% (FY 2024)
Total Assets **** 263.89% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Onix Renewable Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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

Current Directors

Name	Designation	Appointment Date	Status
Divyesh Mansukhbhai Savalia	Director	01 Dec 2022	Current
Piyush Mansukhbhai Savalia	Additional Director	01 Sep 2025	Current
Madhuri Divyesh Savaliya	Additional Director	01 Dec 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	27 Feb 2021	Past
Pramod Abcsdd	Director	02 Jul 2018	Past
Pramod Abcsdd	Director	20 Jul 2017	Past
Pramod Abcsdd	Director	30 Nov 2022	Past
Pramod Abcsdd	Director	-	Past

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Financial Performance of Onix Renewable.

Onix Renewable Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 122.55% increase. The company also saw a substantial improvement in profitability, with a 300.76% increase in profit. The company's net worth Soared by an impressive increase of 404.1%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

122.55%

*******

Revenue from Operations

*******

122.05%

*******

Total Assets

*******

263.89%

*******

Profit or Loss

*******

300.76%

*******

Net Worth

*******

404.10%

*******

EBITDA

*******

300.00%

*******

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What is the Ownership and Shareholding Structure of Onix Renewable?

In 2024, Onix Renewable had a promoter holding of 92.81% and a public holding of 7.19%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹3,269,391,265.00

Satisfied Charges

₹141,276,000.00

Charges Breakdown by Lending Institutions

Others : 250.16 Cr
Canara Bank : 46.53 Cr
Bank Of India : 30.00 Cr
Hdfc Bank Limited : 0.25 Cr

Latest Charge Details

Date	Lender	Amount	Status
28 Oct 2025	Others	₹3.00 Cr	Open
30 Jul 2025	Others	₹50.00 Cr	Open
24 Mar 2025	Others	₹127.00 Cr	Open
24 Mar 2025	Others	₹5.00 Cr	Open
20 Dec 2024	Others	₹27.21 Cr	Open

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How Many Employees Work at Onix Renewable?

Onix Renewable has a workforce of 1385 employees as of Dec 01, 2025. 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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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

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Alerts

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.

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Latest Updates, News, and FAQs on Onix Renewable

Recent Activity within the Organization

Director Appointment

Madhuri Divyesh Savaliya was appointed as a Additional Director was appointed as a Additional Director on 01 Dec 2025 & has been associated with this company since 2 months 12 days . was recorded as a recent event.
01 Dec 2025
Charges

A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101200110 was registered on 28 Oct 2025. was recorded as a recent event.
28 Oct 2025
Director Appointment

Piyush Mansukhbhai Savalia was appointed as a Additional Director was appointed as a Additional Director on 01 Sep 2025 & has been associated with this company since 5 months 11 days . was recorded as a recent event.
01 Sep 2025
Charges

The activity A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101141130 was registered on 30 Jul 2025. was completed.
30 Jul 2025
Charges

Progress on A charge with Others amounted to Rs. 127.00 Cr with Charge ID 101067776 was registered on 24 Mar 2025. was documented.
24 Mar 2025
Charges

The activity A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101106278 was registered on 24 Mar 2025. was completed.
24 Mar 2025

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