Swelect Solar Energy Private Limited

Invests in renewable energy projects and provides services for renewable energy sources.

2008 | Chennai, Tamil Nadu (India) | Merged
Last Updated: January 18, 2025

Swelect Solar Energy Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 4.44 Cr
  • Company Age 16 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -56.34%
  • Profit Growth -29.52%
  • Ebitda -32.24%
  • Net Worth -5.00%
  • Total Assets 0.41%

About Swelect Solar Energy

Swelect Solar Energy Private Limited (SSEPL) is Amalgamated company established on 20 Aug 2008 with its office registered at Chennai, Tamil Nadu, India and has been running since 16 Year, 6 Months with a paid up capital of 4.44 Cr. According to MCA records, 3 Directors are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    swelectes.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31104TN2008PTC068923

  • Company No.

    068923

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Aug 2008

  • Date of AGM

    25 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Environment

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

Board Members (3)

NameDesignationAppointment DateStatus
Chellappan Ramasamy Country flag representing In Director 20-Aug-2008Current
Balan Arthanari Country flag representing In Director 05-Feb-2016Current
Jayashree Nachiappan Country flag representing In Director 30-May-2012Current

Financial Performance of Swelect Solar Energy.

Swelect Solar Energy Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 56.34% decrease. The company also saw a substantial fall in profitability, with a 29.52% decrease in profit. The company's net worth dipped by a decrease of 5%.

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
-56.34%
Revenue from Operations
-55.50%
Total Assets
0.41%
Profit or Loss
-29.52%
Net Worth
-5.00%
EBITDA
-32.24%

What is the Ownership and Shareholding Structure of Swelect Solar Energy?

In 2023, Swelect Solar Energy had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Swelect Solar Energy?

Swelect Solar Energy has a workforce of 2 employees as of Mar 26, 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 Solar 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 Solar Energy'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 Solar Energy

Recent activity within the organization

  • Annual General Meeting

    Swelect Solar Energy Private Limited last Annual general meeting of members was held on 25 Jul 2023 as per latest MCA records.

    25 Jul 2023

  • Balance Sheet

    Swelect Solar Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Balan Arthanari was appointed as a Director was appointed as a Director on 05 Feb 2016 & has been associated with this company since 9 years 16 days .

    05 Feb 2016

  • Director Appointment

    Jayashree Nachiappan was appointed as a Director was appointed as a Director on 30 May 2012 & has been associated with this company since 12 years 8 months .

    30 May 2012

  • Director Appointment

    Chellappan Gounder Ramasamy was appointed as a Director was appointed as a Director on 20 Aug 2008 & has been associated with this company since 16 years 6 months .

    20 Aug 2008

  • Company Incorporation

    Swelect Solar Energy Private Limited was registered on 20 Aug 2008 with Roc Chennai & aged 16 years 6 months as per MCA records.

    20 Aug 2008

Recent News, Updates & Announcement

Frequently asked questions

  • Swelect Solar Energy Private Limited was incorporated on 20 Aug 2008.

  • The authorized share capital of Swelect Solar Energy Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 4.44 Cr.

  • Currently 3 directors are associated with Swelect Solar Energy Private Limited.

    • Chellappan Gounder Ramasamy
    • Balan Arthanari
    • Jayashree Nachiappan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Swelect Solar Energy Private Limited is Swelect House No.5, Sir P.S. Sivasamy Salai Mylapore India, Chennai, Tamil Nadu, 600004.

  • The corporate identification number (CIN) of Swelect Solar Energy Private Limited is U31104TN2008PTC068923 and the company number is 068923 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Swelect Solar Energy Private Limited has fallen by -56.34%.

  • As Per 2023 financial reports, 2 employees are currently employed by Swelect Solar Energy Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Swelect Solar Energy Private Limited has experienced an downturn of -5.00%.

  • The most recent Balance Sheet for Swelect Solar Energy Private Limited was filed with the ROC on 31 Mar 2023.

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