Swelect Renewable Energy Profile
Key Indicators
- Authorised Capital ₹ 18.05 Cr
- Paid Up Capital ₹ 18.00 Cr
- Company Age 3 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 42.01 Cr
- Satisfied Charges ₹ 20.00 Cr
- Revenue Growth 16602.84%
- Profit Growth 1341.51%
- Ebitda 3778.59%
- Net Worth 11.64%
- Total Assets 15.25%
About Swelect Renewable Energy
Swelect Renewable Energy Private Limited (SREPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 June 2021 (Three years and seven months 9 days old ). Its registered office is in Chennai, Tamil Nadu, 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 18.05 Cr and a paid-up capital of Rs 18.00 Cr.
The company currently has active open charges totaling ₹42.01 Cr. The company has closed loans amounting to ₹20.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Swelect Renewable Energy Private Limited India are Ramesh as CFO and Swetha Ravisankar as Company Secretary. Raghunath Chellappan, Nachiappan Venkatesan, Chellappan Ramasamy, and Two other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40105TN2021PTC144248
- Company No.
144248
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Jun 2021
- Date of AGM
29 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Swelect Renewable Energy?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramesh | CFO | 09-Feb-2022 | Current |
Swetha Ravisankar  | Company Secretary | 01-Aug-2022 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nachiappan Venkatesan | Whole-Time Director | 23-Jun-2021 | Current |
| Chellappan Ramasamy | Director | 23-Jun-2021 | Current |
| Raghunath Chellappan | Director | 23-Jun-2021 | Current |
| Ravi Muthusamy | Director | 09-Apr-2024 | Current |
| Iniyan Selvarajan | Director | 09-Feb-2022 | Current |
Financial Performance of Swelect Renewable Energy.
Swelect Renewable Energy Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16602.84% increase. The company also saw a substantial improvement in profitability, with a 1341.51% increase in profit. The company's net worth Soared by an impressive increase of 11.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Swelect Renewable Energy?
In 2023, Swelect Renewable Energy had a promoter holding of 73.99% and a public holding of 26.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tulsyan Nec LimitedRavi Muthusamy is a mutual person
Swelect Energy Systems LimitedRaghunath Chellappan, Nachiappan Venkatesan and 3 more are mutual person
- Swelect Sun Energy Private Limited
Raghunath Chellappan, Chellappan Ramasamy and 2 more are mutual person
- Noel Media & Advertising Private Limited
Raghunath Chellappan is a mutual person
- Swelect Electronics Private Limited
Chellappan Ramasamy is a mutual person
- Swelect Green Energy Solutions Private Limited
Chellappan Ramasamy is a mutual person
Charges (Loans)
₹42.01 Cr
₹20.00 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 42.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Feb 2022 | Axis Bank Limited | ₹42.01 Cr | Open |
| 23 Dec 2021 | Hdfc Bank Limited | ₹20.00 Cr | Satisfied |
How Many Employees Work at Swelect Renewable Energy?
Swelect Renewable Energy has a workforce of 1 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Swelect Renewable Energy, 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 Renewable Energy'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.
