Solar Energy Corporation Of India Limited

Implements solar energy projects and acts as off-taker for power sales.

2011 | Delhi (India) | Active
Last Updated:

Solar Energy Corporation Of India Profile

Key Indicators

  • Authorised Capital ₹ 2,000.00 Cr
  • Paid Up Capital ₹ 1,354.00 Cr
  • Company Age 13 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2,649.99 Cr
  • Satisfied Charges ₹ 99.00 Cr
  • Revenue Growth 33.77%
  • Profit Growth 35.24%
  • Ebitda 38.88%
  • Net Worth 135.86%
  • Total Assets 52.24%

About Solar Energy Corporation Of India

Solar Energy Corporation Of India Limited (SECOIL) is a leading Public Limited Union Government Company incorporated in India on 20 September 2011 and has a history of 13 years and seven months. Its registered office is in Delhi, India.

The Corporate was formerly known as Solar Energy Corporation Of India. The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2,000.00 Cr and a paid-up capital of Rs 1,354.00 Cr.

The company currently has active open charges totaling ₹2,649.99 Cr. The company has closed loans amounting to ₹99.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Solar Energy Corporation Of India Limited India are Rameshwar Gupta as Ceo, Sunil Mehlawat as Company Secretary, and Joshit Sikidar as Cfo. Rameshwar Prasad, Rajkumar Sudam, Lalit Bohra, and Four other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40106DL2011GOI225263

  • Company No.

    225263

  • Company Classification

    Public Limited Union Government Company

  • Incorporation Date

    20 Sep 2011

  • Date of AGM

    16 Dec 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Environment
Company report

Solar Energy Corporation Of India Limited

Explore comprehensive data for Solar Energy Corporation Of India Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Solar Energy Corporation Of India?

Executive Team (4)

NameDesignationAppointment DateStatus
Rameshwar Prasad Country flag representing In Managing Director15-Jun-2023Current
Rameshwar Gupta CEO09-Oct-2023Current
Sunil Mehlawat Country flag representing In Company Secretary05-Jan-2017Current
Joshit Sikidar Country flag representing In CFO09-Oct-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Rajkumar Sudam Country flag representing In Director 28-Apr-2022Current
Lalit Bohra Country flag representing In Nominee Director 04-Sep-2023Current
Sanjay Sharma Country flag representing In Whole-Time Director 28-Mar-2022Current
Padam Lal Country flag representing In Nominee Director 27-Feb-2023Current
Joshit Sikidar Country flag representing In Director and Cfo 12-Sep-2023Current
Sivakumar Vepakomma Director 30-Aug-2024Current

Financial Performance of Solar Energy Corporation Of India.

Solar Energy Corporation Of India Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 33.77% increase. The company also saw a substantial improvement in profitability, with a 35.24% increase in profit. The company's net worth Soared by an impressive increase of 135.86%.

Solar Energy Corporation Of India revenue growth over time
Solar Energy Corporation Of India profit and loss trends over time
  • 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
33.77%
Revenue from Operations
33.84%
Total Assets
52.24%
Profit or Loss
35.24%
Net Worth
135.86%
EBITDA
38.88%

What is the Ownership and Shareholding Structure of Solar Energy Corporation Of India?

In 2022, Solar Energy Corporation Of India had a promoter holding of 100.00%. The company had 6 Joint Ventures. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,649.99 Cr

Satisfied Charges

₹99.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 900.00 Cr
  • Hdfc Bank Limited : 555.00 Cr
  • State Bank Of India : 520.00 Cr
  • Yes Bank Limited : 500.00 Cr
  • Axis Bank Limited : 174.99 Cr

Latest Charge Details

DateLenderAmountStatus
23 Dec 2024Yes Bank Limited₹500.00 CrOpen
28 Mar 2024Others₹300.00 CrOpen
31 Jan 2024Others₹600.00 CrOpen
16 Jun 2022State Bank Of India₹520.00 CrOpen
29 Sep 2020Axis Bank Limited₹174.99 CrOpen

How Many Employees Work at Solar Energy Corporation Of India?

Solar Energy Corporation Of India has a workforce of 108 employees as of Apr 03, 2024. 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 growth trends for Solar Energy Corporation Of India Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solar Energy Corporation Of India, 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 Solar Energy Corporation Of India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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.

Latest Updates, News, and FAQs on Solar Energy Corporation Of India

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 500.00 Cr with Charge ID 101021867 was registered on 23 Dec 2024.

  • Annual General Meeting

    Solar Energy Corporation Of India Limited last Annual general meeting of members was held on 16 Dec 2024 as per latest MCA records.

  • Director Appointment

    Sivakumar Venkat Vepakomma was appointed as a Director was appointed as a Director on 30 Aug 2024 & has been associated with this company since 8 months 14 days .

  • Balance Sheet

    Solar Energy Corporation Of India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge with Others amounted to Rs. 300.00 Cr with Charge ID 100900814 was registered on 28 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 600.00 Cr with Charge ID 100864772 was registered on 31 Jan 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Solar Energy Corporation Of India Limited?

    Solar Energy Corporation Of India Limited was incorporated on 20 Sep 2011.

  • What is authorized share capital and paid-up capital of Solar Energy Corporation Of India Limited?

    The authorized share capital of Solar Energy Corporation Of India Limited is ₹ 2,000.00 Cr and paid-up capital is ₹ 1,354.00 Cr.

  • Who are the current board members & directors of Solar Energy Corporation Of India Limited?

    Currently 10 directors are associated with Solar Energy Corporation Of India Limited.

    • Rameshwar Gupta Prasad
    • Rajkumar Badole Sudam
    • Lalit Bohra
    • Sanjay Sharma
    • Padam Lal
    • Joshit Ranjan Sikidar
    • Sivakumar Venkat Vepakomma
    • Rameshwar Prasad Gupta
    • Sunil Kumar Mehlawat
    • Joshit Ranjan Sikidar
  • What is the registered address of Solar Energy Corporation Of India Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Solar Energy Corporation Of India Limited is 06Th Floor Plate B Nbcc Office Block Tower-2, East Kidwai N Agar India, New Delhi, 110023.

  • What is the corporate identification number (CIN) and company number of Solar Energy Corporation Of India Limited?

    The corporate identification number (CIN) of Solar Energy Corporation Of India Limited is U40106DL2011GOI225263 and the company number is 225263 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Solar Energy Corporation Of India Limited?

    The Official website of Solar Energy Corporation Of India Limited is https://www.seci.co.in

  • What has been the recent revenue trend for Solar Energy Corporation Of India Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Solar Energy Corporation Of India Limited has risen by 33.77%.

  • How many employees does Solar Energy Corporation Of India Limited currently have?

    As Per 2022 financial reports, 108 employees are currently employed by Solar Energy Corporation Of India Limited.

  • What change has been observed in the net worth of Solar Energy Corporation Of India Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Solar Energy Corporation Of India Limited has experienced an upsurge of 135.86%.

  • What are the total open charges for Solar Energy Corporation Of India Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Solar Energy Corporation Of India Limited amount to ₹ 2,649.99 Cr.

  • When was the last Balance Sheet of Solar Energy Corporation Of India Limited filed with the ROC?

    The most recent Balance Sheet for Solar Energy Corporation Of India Limited was filed with the ROC on 31 Mar 2024.

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