Swelect Sun Energy Profile
Key Indicators
- Authorised Capital ₹ 25.10 Cr
- Paid Up Capital ₹ 25.03 Cr
- Company Age 4 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 25.00 Cr
- Satisfied Charges ₹ 9.00 Cr
- Revenue Growth 140.12%
- Profit Growth 390.86%
- Ebitda 140.60%
- Net Worth 4.41%
- Total Assets -5.60%
About Swelect Sun Energy
Swelect Sun Energy Private Limited (SSEPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 December 2020 (Four years and two months 22 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 2023. It's a company limited by shares with an authorized capital of Rs 25.10 Cr and a paid-up capital of Rs 25.03 Cr.
The company currently has active open charges totaling ₹25.00 Cr. The company has closed loans amounting to ₹9.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Swelect Sun Energy Private Limited India are Ramesh Nikhila as CFO and Mr Sathishkumar as Company Secretary. Chellappan Ramasamy, Balan Arthanari, Raghunath Chellappan, 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
U40105TN2020PTC140431
- Company No.
140431
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Dec 2020
- Date of AGM
25 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Environment
Swelect Sun Energy Private Limited
Explore comprehensive data for Swelect Sun Energy Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Swelect Sun Energy?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramesh Nikhila | CFO | 02-Nov-2021 | Current |
Mr Sathishkumar  | Company Secretary | 14-Aug-2021 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chellappan Ramasamy | Director | 29-Dec-2020 | Current |
| Balan Arthanari | Director | 11-Mar-2022 | Current |
| Raghunath Chellappan | Whole-Time Director | 29-Dec-2020 | Current |
| Ravi Muthusamy | Additional Director | 09-Apr-2024 | Current |
| Iniyan Selvarajan | Director | 02-Nov-2021 | Current |
Financial Performance of Swelect Sun Energy.
Swelect Sun Energy Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 140.12% increase. The company also saw a substantial improvement in profitability, with a 390.86% increase in profit. The company's net worth moved up by a moderate rise of 4.41%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Swelect Sun Energy?
In 2023, Swelect Sun 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 Limited
Chellappan Ramasamy, Balan Arthanari and 4 more are mutual person
- Swelect Electronics Private Limited
Chellappan Ramasamy and Balan Arthanari are mutual person
- Swelect Green Energy Solutions Private Limited
Chellappan Ramasamy and Balan Arthanari are mutual person
- Swelect Power Systems Private Limited
Chellappan Ramasamy and Balan Arthanari are mutual person
Charges (Loans)
Open Charges
₹25.00 Cr
Satisfied Charges
₹9.00 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 25.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jun 2021 | Yes Bank Limited | ₹25.00 Cr | Open |
| 17 Feb 2021 | State Bank Of India | ₹9.00 Cr | Satisfied |
How Many Employees Work at Swelect Sun Energy?
Swelect Sun Energy has a workforce of 10 employees as of Apr 07, 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 Sun 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 Sun 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.
Latest Updates, News, and FAQs on Swelect Sun Energy
Recent activity within the organization
- Director Appointment
Ravi Muthusamy was appointed as a Additional Director was appointed as a Additional Director on 09 Apr 2024 & has been associated with this company since 11 months 11 days .
- Annual General Meeting
Swelect Sun Energy Private Limited last Annual general meeting of members was held on 25 Jul 2023 as per latest MCA records.
- Balance Sheet
Swelect Sun Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Director Appointment
Balan Arthanari was appointed as a Director was appointed as a Director on 11 Mar 2022 & has been associated with this company since 3 years 10 days .
- Director Appointment
Iniyan Selvarajan was appointed as a Director was appointed as a Director on 02 Nov 2021 & has been associated with this company since 3 years 4 months .
- Charges
A charge registered on 17 Feb 2021 via Charge ID 100435206 with State Bank Of India was fully satisfied on 09 Sep 2021.
Recent News, Updates & Announcement
Chennai-based Swelect partners with US company to produce water from solar energy.One unit, which costs Rs 2 lakh (approx), could produce up to five litre of water per day, said Robert Bartrop - executive vice-president, Global Business, ZMW.
Frequently asked questions
What is the Incorporation or founding date of Swelect Sun Energy Private Limited?
Swelect Sun Energy Private Limited was incorporated on 29 Dec 2020.
What is authorized share capital and paid-up capital of Swelect Sun Energy Private Limited?
The authorized share capital of Swelect Sun Energy Private Limited is ₹ 25.10 Cr and paid-up capital is ₹ 25.03 Cr.
Who are the current board members & directors of Swelect Sun Energy Private Limited?
Currently 7 directors are associated with Swelect Sun Energy Private Limited.
- Chellappan Gounder Ramasamy
- Balan Arthanari
- Raghunath Venkatagiri Chellappan
- Ravi Muthusamy
- Iniyan Selvarajan
- Ramesh Narayanaswamy Nikhila
- Mr R Sathishkumar
What is the registered address of Swelect Sun Energy Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Swelect Sun Energy Private Limited is Swelecthouse No.5 Sirp.S.Sivasamysalai, Mylapore India, Chennai, Tamil Nadu, 600004.
What is the corporate identification number (CIN) and company number of Swelect Sun Energy Private Limited?
The corporate identification number (CIN) of Swelect Sun Energy Private Limited is U40105TN2020PTC140431 and the company number is 140431 as per Ministry of Corporate Affairs (MCA).
What is the official website of Swelect Sun Energy Private Limited?
The Official website of Swelect Sun Energy Private Limited is https://www.swelectes.com
What has been the recent revenue trend for Swelect Sun Energy Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Swelect Sun Energy Private Limited has risen by 140.12%.
How many employees does Swelect Sun Energy Private Limited currently have?
As Per 2023 financial reports, 10 employees are currently employed by Swelect Sun Energy Private Limited.
What change has been observed in the net worth of Swelect Sun Energy Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Swelect Sun Energy Private Limited has experienced an upsurge of 4.41%.
What are the total open charges for Swelect Sun Energy Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Swelect Sun Energy Private Limited amount to ₹ 25.00 Cr.
When was the last Balance Sheet of Swelect Sun Energy Private Limited filed with the ROC?
The most recent Balance Sheet for Swelect Sun Energy Private Limited was filed with the ROC on 31 Mar 2023.
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