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ActiveNorth Delhi, DelhiSince 2022

Onward Solar Power Private Limited

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Set up in 2022 in North Delhi. It has pledged its assets against loans of up to ₹2,454.82 crore from 6 lenders.

CINU40100DL2022PTC393428
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4 years at a glance

Loans against its assets, and when today's people joined

2023202420252026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegistered as a companyIndian Renewable Energy Development Agency Limited, up to ₹45 crore, 2 Feb 2023 to 18 Dec 2024Indian Renewable Energy Development Agency Limited, up to ₹172.4 crore, 24 Feb 2023 to 16 Dec 2024Catalyst Trusteeship Limited, up to ₹166.7 crore, 4 Aug 2023 to 2 May 2024Catalyst Trusteeship Limited, up to ₹78.76 crore, 4 Aug 2023 to 7 May 2024Vistra Itcl (India) Limited, up to ₹179 crore, 4 Aug 2023 to 28 May 2024Vistra Itcl (India) Limited, up to ₹200 crore, 4 Aug 2023 to 14 May 2024Vistra Itcl (India) Limited, up to ₹190 crore, 4 Aug 2023 to 14 May 2024Vistra Itcl (India) Limited, up to ₹172 crore, 4 Aug 2023 to 28 May 2024Vistra Itcl (India) Limited, up to ₹169 crore, 4 Aug 2023 to 28 May 2024Vistra Itcl (India) Limited, up to ₹190 crore, 4 Aug 2023 to 14 May 2024Axis Bank Limited, up to ₹159.06 crore, 6 Oct 2023 to still openAxis Bank Limited, up to ₹171.01 crore, 1 Feb 2024 to still openAxis Bank Limited, up to ₹40 crore, 16 Feb 2024 to still openAxis Bank Limited, up to ₹50 crore, 26 Feb 2024 to still openCatalyst Trusteeship Limited, up to ₹172.56 crore, 10 Apr 2024 to still openCatalyst Trusteeship Limited, up to ₹162.89 crore, 10 Apr 2024 to still openCatalyst Trusteeship Limited, up to ₹185.98 crore, 10 Apr 2024 to still openCatalyst Trusteeship Limited, up to ₹181.2 crore, 10 Apr 2024 to still openCatalyst Trusteeship Limited, up to ₹165.86 crore, 10 Apr 2024 to still openCatalyst Trusteeship Limited, up to ₹163.02 crore, 10 Apr 2024 to still openCatalyst Trusteeship Limited, up to ₹152.47 crore, 10 Apr 2024 to still openCatalyst Trusteeship Limited, up to ₹78.37 crore, 10 Apr 2024 to still openRBL Bank Limited, up to ₹40 crore, 15 Oct 2024 to still openAxis Trustee Services Limited, up to ₹181.4 crore, 20 Nov 2024 to still openAxis Trustee Services Limited, up to ₹55.5 crore, 20 Nov 2024 to still openAxis Bank Limited, up to ₹50 crore, 2 Jan 2025 to still openIndian Renewable Energy Development Agency Limited, up to ₹307 crore, 15 Dec 2025 to still openAxis Trustee Services Limited, up to ₹131 crore, 12 Feb 2026 to still openICICI Bank Limited, up to ₹7.5 crore, 13 May 2026 to still open
Loan still openLoan paid offSomeone joined, and is still there
  • 2022Registered as a company on 7 Feb 2022.
  • 2025Its biggest loan against assets, ₹307 crore with Indian Renewable Energy Development Agency Limited, is still open.

Who runs it

This page does not list its directors yet. Open the company in Entiva to see who runs it on MCA's register today.

Who has lent to it

₹2,454.82 crorein loans backed by its assets, from 6 lenders

  • Catalyst Trusteeship Limited₹1,262.35 crore

    8 open loans, taken out 10 Apr 2024

  • Axis Bank Limited₹470.07 crore

    5 open loans, taken out 2023 to 2025

  • Axis Trustee Services Limited₹367.9 crore

    3 open loans, taken out 2024 to 2026

  • Indian Renewable Energy Development Agency Limited₹307 crore

    Open, taken out 15 Dec 2025

  • RBL Bank Limited₹40 crore

    Open, taken out 15 Oct 2024

  • ICICI Bank Limited₹7.5 crore

    Open, taken out 13 May 2026

10 earlier loans, now paid off
  • Catalyst Trusteeship Limited4 Aug 2023 to 2 May 2024₹166.7 crore
  • Catalyst Trusteeship Limited4 Aug 2023 to 7 May 2024₹78.76 crore
  • Vistra Itcl (India) Limited4 Aug 2023 to 28 May 2024₹179 crore
  • Vistra Itcl (India) Limited4 Aug 2023 to 14 May 2024₹200 crore
  • Vistra Itcl (India) Limited4 Aug 2023 to 14 May 2024₹190 crore
  • Vistra Itcl (India) Limited4 Aug 2023 to 28 May 2024₹172 crore
  • Vistra Itcl (India) Limited4 Aug 2023 to 28 May 2024₹169 crore
  • Vistra Itcl (India) Limited4 Aug 2023 to 14 May 2024₹190 crore
  • Indian Renewable Energy Development Agency Limited24 Feb 2023 to 16 Dec 2024₹172.4 crore
  • Indian Renewable Energy Development Agency Limited2 Feb 2023 to 18 Dec 2024₹45 crore

What its filings add

Onward Solar Power files these with the registrar. Entiva fetches and reads them for you.

  • Every year · AOC-4

    Revenue, profit and the balance sheet

    Its financial statements, year by year.

  • Every year · MGT-7

    Who owns it

    Its shareholders, and how much each one owns.

  • Each loan · CHG-1

    Each loan in detail

    The terms, and which assets back each loan.

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The details on this page come from public records, including MCA's register of companies as Entiva read it on . Things may have changed since. A loan amount is the most the lender can claim against the company's assets, not what is still owed.