Swelect Power Systems Private Limited

Solar power plant construction and energy sales to private/government enterprises.

2012 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Swelect Power Systems Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.30 Cr
  • Company Age 13 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.25 Cr
  • Revenue Growth 0.60%
  • Profit Growth 69.37%
  • Ebitda -2.55%
  • Net Worth 8.99%
  • Total Assets -1.40%

About Swelect Power Systems

Swelect Power Systems Private Limited (SPSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 January 2012 and has a history of 13 years and one month. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Infrastructure And Utilities 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 10.00 Cr and a paid-up capital of Rs 9.30 Cr.

The company currently has active open charges totaling ₹9.25 Cr.

Chellappan Ramasamy, Balan Arthanari, Aarthi Balan, 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

    U31103TN2012PTC084184

  • Company No.

    084184

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jan 2012

  • Date of AGM

    29 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Swelect Power Systems?

Board Members (4)

NameDesignationAppointment DateStatus
Chellappan Ramasamy Country flag representing In Director 30-Jan-2012Current
Balan Arthanari Country flag representing In Director 30-Jan-2012Current
Aarthi Balan Country flag representing In Director 28-Jun-2017Current
Mirunalini Chellappan Country flag representing In Director 28-Jun-2017Current

Financial Performance of Swelect Power Systems.

Swelect Power Systems Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.6% increase. The company also saw a substantial improvement in profitability, with a 69.37% increase in profit. The company's net worth moved up by a moderate rise of 8.99%.

Swelect Power Systems revenue growth over time
Swelect Power Systems 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
0.60%
Revenue from Operations
0.38%
Total Assets
-1.40%
Profit or Loss
69.37%
Net Worth
8.99%
EBITDA
-2.55%

What is the Ownership and Shareholding Structure of Swelect Power Systems?

In 2023, Swelect Power Systems 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

₹9.25 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 9.25 Cr

Latest Charge Details

DateLenderAmountStatus
15 Sep 2021Hdfc Bank Limited₹9.25 CrOpen

How Many Employees Work at Swelect Power Systems?

Swelect Power Systems has a workforce of 4 employees as of Apr 08, 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 Swelect Power Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Swelect Power Systems, 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 Power Systems'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 Power Systems

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 9.25 Cr with Charge ID 100484888 was registered on 15 Sep 2021.

  • Director Appointment

    Aarthi Balan was appointed as a Director was appointed as a Director on 28 Jun 2017 & has been associated with this company since 7 years 8 months .

  • Director Appointment

    Mirunalini Venkatagiri Chellappan was appointed as a Director was appointed as a Director on 28 Jun 2017 & has been associated with this company since 7 years 8 months .

  • Director Appointment

    Chellappan Gounder Ramasamy was appointed as a Director was appointed as a Director on 30 Jan 2012 & has been associated with this company since 13 years 1 month .

Frequently asked questions

  • What is the Incorporation or founding date of Swelect Power Systems Private Limited?

    Swelect Power Systems Private Limited was incorporated on 30 Jan 2012.

  • What is authorized share capital and paid-up capital of Swelect Power Systems Private Limited?

    The authorized share capital of Swelect Power Systems Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.30 Cr.

  • Who are the current board members & directors of Swelect Power Systems Private Limited?

    Currently 4 directors are associated with Swelect Power Systems Private Limited.

    • Chellappan Gounder Ramasamy
    • Balan Arthanari
    • Aarthi Balan
    • Mirunalini Venkatagiri Chellappan
  • What is the registered address of Swelect Power Systems Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Swelect Power Systems Private Limited is Swelect House No.5, Sir P.S. Sivasamy Salai Mylapore India, Chennai, Tamil Nadu, 600004.

  • What is the corporate identification number (CIN) and company number of Swelect Power Systems Private Limited?

    The corporate identification number (CIN) of Swelect Power Systems Private Limited is U31103TN2012PTC084184 and the company number is 084184 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Swelect Power Systems Private Limited?

    The Official website of Swelect Power Systems Private Limited is https://www.swelectes.com

  • What has been the recent revenue trend for Swelect Power Systems Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Swelect Power Systems Private Limited has risen by 0.60%.

  • How many employees does Swelect Power Systems Private Limited currently have?

    As Per 2023 financial reports, 4 employees are currently employed by Swelect Power Systems Private Limited.

  • What change has been observed in the net worth of Swelect Power Systems Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Swelect Power Systems Private Limited has experienced an upsurge of 8.99%.

  • What are the total open charges for Swelect Power Systems Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Swelect Power Systems Private Limited amount to ₹ 9.25 Cr.

  • When was the last Balance Sheet of Swelect Power Systems Private Limited filed with the ROC?

    The most recent Balance Sheet for Swelect Power Systems Private Limited was filed with the ROC on 31 Mar 2024.

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