Swelect Hhv Solar Photovoltaics Private Limited

Solar power plant maintenance and generation/sale of solar power.

2021 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Swelect Hhv Solar Photovoltaics Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 0.10 M
  • Company Age 3 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 100.00 Cr
  • Revenue Growth %
  • Profit Growth -655.28%
  • Ebitda -566.29%
  • Net Worth -790.97%
  • Total Assets 984.73%

About Swelect Hhv Solar Photovoltaics

Swelect Hhv Solar Photovoltaics Private Limited (SHSPPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 May 2021 (Three years and nine months 22 days old ). Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Energy And Power 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 20.00 Cr and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹100.00 Cr.

The Key Managerial Personnel (KMP) at Swelect Hhv Solar Photovoltaics Private Limited India is Indira Sukumar as CFO. Chellappan Ramasamy, Balan Arthanari, Mirunalini Chellappan, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    swelectes.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40100TN2021PTC143219

  • Company No.

    143219

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 May 2021

  • Date of AGM

    29 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Energy and Power
Environment

Who are the key members and board of directors at Swelect Hhv Solar Photovoltaics?

Executive Team (1)

NameDesignationAppointment DateStatus
Indira Sukumar CFO09-Feb-2022Current

Board Members (4)

NameDesignationAppointment DateStatus
Chellappan Ramasamy Country flag representing In Director 03-May-2021Current
Balan Arthanari Country flag representing In Director 03-May-2021Current
Mirunalini Chellappan Country flag representing In Director 03-May-2021Current
Gnanasekar Samuel Country flag representing In Director 19-Jun-2024Current

Financial Performance of Swelect Hhv Solar Photovoltaics.

Swelect Hhv Solar Photovoltaics Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 655.28% decrease in profit. The company's net worth observed a substantial decline by a decrease of 790.97%.

Graph illustrating revenue growth over time
Graph showing 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
Revenue from Operations
Total Assets
984.73%
Profit or Loss
-655.28%
Net Worth
-790.97%
EBITDA
-566.29%

What is the Ownership and Shareholding Structure of Swelect Hhv Solar Photovoltaics?

In 2023, Swelect Hhv Solar Photovoltaics had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹100.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 80.00 Cr
  • Axis Bank Limited : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
10 Oct 2023Axis Bank Limited₹20.00 CrOpen
25 Oct 2022Hdfc Bank Limited₹80.00 CrOpen

How Many Employees Work at Swelect Hhv Solar Photovoltaics?

Swelect Hhv Solar Photovoltaics has a workforce of 59 employees as of Apr 10, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Swelect Hhv Solar Photovoltaics, 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 Swelect Hhv Solar Photovoltaics'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 Swelect Hhv Solar Photovoltaics

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 80.00 Cr registered on 25 Oct 2022 with Charge ID 100645690 was modified on 31 Aug 2024.

    31 Aug 2024

  • Annual General Meeting

    Swelect Hhv Solar Photovoltaics Private Limited last Annual general meeting of members was held on 29 Jul 2024 as per latest MCA records.

    29 Jul 2024

  • Director Appointment

    Gnanasekar Sukumar Samuel was appointed as a Director was appointed as a Director on 19 Jun 2024 & has been associated with this company since 8 months 5 days .

    19 Jun 2024

  • Balance Sheet

    Swelect Hhv Solar Photovoltaics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100807550 was registered on 10 Oct 2023.

    10 Oct 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 80.00 Cr with Charge ID 100645690 was registered on 25 Oct 2022.

    25 Oct 2022

Frequently asked questions

  • Swelect Hhv Solar Photovoltaics Private Limited was incorporated on 03 May 2021.

  • The authorized share capital of Swelect Hhv Solar Photovoltaics Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 0.10 M.

  • Currently 5 directors are associated with Swelect Hhv Solar Photovoltaics Private Limited.

    • Chellappan Gounder Ramasamy
    • Balan Arthanari
    • Indira Sukumar
    • Mirunalini Venkatagiri Chellappan
    • Gnanasekar Sukumar Samuel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Swelect Hhv Solar Photovoltaics Private Limited is Swelecthouse No.5, Sirp.S.Sivasamysalaimylapore India, Chennai, Tamil Nadu, 600004.

  • The corporate identification number (CIN) of Swelect Hhv Solar Photovoltaics Private Limited is U40100TN2021PTC143219 and the company number is 143219 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Swelect Hhv Solar Photovoltaics Private Limited is https://www.swelectes.com

  • As Per 2023 financial reports, 59 employees are currently employed by Swelect Hhv Solar Photovoltaics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Swelect Hhv Solar Photovoltaics Private Limited has experienced an downturn of -790.97%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Swelect Hhv Solar Photovoltaics Private Limited amount to ₹ 100.00 Cr.

  • The most recent Balance Sheet for Swelect Hhv Solar Photovoltaics Private Limited was filed with the ROC on 31 Mar 2024.