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, 5 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 five 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
Who are the key members and board of directors at Solar Energy Corporation Of India?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rameshwar Prasad  | Managing Director | 15-Jun-2023 | Current |
| Rameshwar Gupta | CEO | 09-Oct-2023 | Current |
| Sunil Mehlawat | Company Secretary | 05-Jan-2017 | Current |
| Joshit Sikidar | CFO | 09-Oct-2023 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajkumar Sudam | Director | 28-Apr-2022 | Current |
| Lalit Bohra | Nominee Director | 04-Sep-2023 | Current |
| Sanjay Sharma | Whole-Time Director | 28-Mar-2022 | Current |
| Padam Lal | Nominee Director | 27-Feb-2023 | Current |
| Joshit Sikidar | Director and Cfo | 12-Sep-2023 | Current |
| Sivakumar Vepakomma | Director | 30-Aug-2024 | Current |
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%.
- Key Matrics
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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.
Related Corporates (Common Directorship)
Rewa Ultra Mega Solar LimitedJoshit Sikidar is a mutual person
Karnataka Solar Power Development Corporation LimitedRameshwar Prasad and Sanjay Sharma are mutual person
Ai Engineering Services LimitedPadam Lal is a mutual person
Pawan Hans LimitedPadam Lal is a mutual person
Indian Renewable Energy Development Agency LimitedPadam Lal is a mutual person
Renewable Power Corporation Of Kerala LimitedSanjay Sharma is a mutual person
Charges (Loans)
₹2,649.99 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Dec 2024 | Yes Bank Limited | ₹500.00 Cr | Open |
| 28 Mar 2024 | Others | ₹300.00 Cr | Open |
| 31 Jan 2024 | Others | ₹600.00 Cr | Open |
| 16 Jun 2022 | State Bank Of India | ₹520.00 Cr | Open |
| 29 Sep 2020 | Axis Bank Limited | ₹174.99 Cr | Open |
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.
Deals i
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
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
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.
