About Selco Solar Light Private Limited
Data last updated:
Selco Solar Light Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 30 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40106KA1995PTC017498. Its GSTIN is 29AAECS8097E1ZV (Karnataka). The company holds 9 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.53 Cr. It is led by directors including Harish Handerto Hande and Thomas Joseph Pullenkav.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹97.48 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹3.59 Cr (net margin -3.7%) and EBITDA of -₹3.23 Cr (EBITDA margin -3.3%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 3% over five years.
The company has about 549 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: SELCO Energy Access Fund and SELCO India. As per MCA filings, the company has satisfied charges of ₹4.68 Cr on record. Court records list 14 cases involving the company, including 14 filed by the company; 1 case is pending. The company has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹14.79 Cr; the latest was in July 2018. Its 10 peer companies in the Power industry (EPC, BoP and BTG) are compared by revenue, 5 larger and 5 smaller; the largest is Dexler Energy Private Limited with revenue of ₹100.03 Cr. The company has 21 MSME Form 1 returns on record between 2019 and 2023, listing 196 overdue payments to 27 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website selco-india.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSri Krishna Mansion 3rd Floor No. 147/10, 9th Cross J.P. Nagar 1st Phase, Bangalore, Karnataka, India – 560078
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Selco Solar Light Private Limited
The main business activity of Selco Solar Light is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Selco Solar Light Private Limited FY 2025 filings available
Selco Solar Light Private Limited reported revenue of ₹97.48 Cr (down 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Selco Solar Light Private Limited
Revenue fell 31% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 155% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Selco Solar Light Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹3.23 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.59 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Selco Solar Light Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Selco Solar Light are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Selco Solar Light Private Limited
Selco Solar Light Private Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dexler Energy Private Limited | ₹100.03 Cr (FY 2024) | •••• | •••• | 150.0% | •••• | Bangalore, Karnataka, India |
| Odyssey Energy Solutions Private Limited | ₹100 Cr (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Subaash Electrical Private Limited | ₹99.6 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Mumbai, Maharashtra, India |
| Sunbeam Real Ventures Private Limited | ₹98.68 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | New Delhi, Delhi, India |
| Anubhav Plast Limited | ₹98.31 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Swarup Nagar, Uttar Pradesh, India |
| Selco Solar Light Private Limited this company | ₹97.48 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Bangalore, Karnataka, India |
| Genus Chhattisgarh PKG 1 SPV Private Limited | ₹97.35 Cr (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Mohan Power Infrastructure Private Limited | ₹95.46 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Tirunelveli, Tamil Nadu, India |
| Arnav Electricals Private Limited | ₹95.45 Cr (FY 2025) | •••• | •••• | 346.0% | •••• | Pune, Maharashtra, India |
| Shankar Electricals Services (I) Private Limited | ₹95.23 Cr (FY 2022) | •••• | •••• | 110.0% | •••• | Bengaluru, Karnataka, India |
| Menaka Electricals Private Limited | ₹94.98 Cr (FY 2025) | •••• | •••• | 76.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Selco Solar Light by revenue in the Power industry (EPC, BoP and BTG), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Selco Solar Light Private Limited
Auditor information for Selco Solar Light Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Selco Solar Light Private Limited
Selco Solar Light has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Elena Casolari | Nominee Director | 10 Mar 2021 | 5 Years 7 Months | Current |
| Mankal Shankar Sriram Also directs: Idmc Limited | Nominee Director | 10 Mar 2021 | 5 Years 7 Months | Current |
| Harish Handerto Hande | Director | 30 Mar 1995 | 31 Years 6 Months | Current |
| Thomas Joseph Pullenkav | Director | 10 Nov 2017 | 8 Years 11 Months | Current |
Ownership and Shareholding of Selco Solar Light Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Selco Solar Light Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Sep 2003 | International Finance Corporation | ₹4.53 Cr | Satisfied |
| 25 Oct 1996 | Indian Renewable Energy Dev.Agency Ltd | ₹14.69 Lakh | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Selco Solar Light Private Limited
Selco Solar Light Private Limited has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹14.79 Cr; the latest was in July 2018.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2018 | Funding round | ₹6.85 Cr | Investors: DOEN Participaties BV |
| Jul 2014 | Secondary share transfer | Undisclosed | Buyer: The Small Scale Sustainable infrastructure Development Fund Seller: Outsourced Assets LLC |
| Jun 2014 | Secondary share transfer | Undisclosed | Buyer: Outsourced Assets LLC, The Small Scale Sustainable infrastructure Development Fund Seller: E&co |
| Jun 2011 | Funding round | ₹1.18 Cr | Investors: Lemelson Foundation |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: E&co Seller: Solar Electric Light Company |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Selco Solar Light Private Limited
Selco Solar Light Private Limited has 14 court cases on record: 14 filed by Selco Solar Light. 1 case is pending and 13 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 0 | 0 |
| High courts | 6 | 0 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Joint Commissioner of Central Tax | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
Full case history
All 14 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Selco Solar Light Private Limited
Selco Solar Light Private Limited has 21 MSME Form 1 returns on record between 2019 and 2023, listing 196 overdue payments to 27 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 27)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Readysun Power Solution LLP | •••• | •••• | •••• |
| Power-One Micro Systems Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 21 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Selco Solar Light Private Limited
Selco Solar Light operates two associated brands: SELCO Energy Access Fund and SELCO India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Impact investment fund supporting energy entrepreneurs in rural and semi-urban areas. | selcofund.in | |
| Solar power solutions are provided for lighting, pumping, and appliances. | selco-india.com |
Employees and EPFO Compliance at Selco Solar Light Private Limited
Selco Solar Light Private Limited has a workforce of 549 employees as of Dec 16, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Selco Solar Light Private Limited
Recent Activity on Selco Solar Light Private Limited
Selco Solar Light Private Limited has 10 board changes on record since 1995: 4 appointments and 6 cessations. The latest: Mohan Bhaskar Hegde ceased to be CEO on 01 Jun 2026.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Selco Solar Light Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Selco Solar Light Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Selco Solar Light Private Limited
Selco Solar Light has 9 GST registrations: 6 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECS8097E1ZV | Karnataka | Active | 01 Jul 2017 |
| 10AAECS8097E1ZE | Bihar | Active | 01 Jul 2017 |
| 27AAECS8097E1ZZ | Maharashtra | Active | 01 Jul 2017 |
| 32AAECS8097E1Z8 | Kerala | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Selco Solar Light Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Selco Solar Light Private Limited
Selco Solar Light is an active private limited company based in Bangalore, Karnataka, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 30 March 1995 (31+ years old) and is registered under CIN U40106KA1995PTC017498.
Selco Solar Light reported revenue of ₹97.48 Cr for FY 2025 (down 31% YoY).
Selco Solar Light has 4 current directors:
- Elena Casolari - Nominee Director
- Mankal Shankar Sriram - Nominee Director
- Harish Handerto Hande - Director
- Thomas Joseph Pullenkav - Director
Selco Solar Light reported a net loss of ₹3.59 Cr (net margin -3.7%) and EBITDA of -₹3.23 Cr (EBITDA margin -3.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Selco Solar Light is -1% over three years and 3% over five years. In the latest year (FY 2025) revenue fell 31%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Selco Solar Light is 29AAECS8097E1ZV, registered in Karnataka. The company has 9 GST registrations in all, of which 6 are active and 3 are cancelled or inactive. Other active GSTINs include 10AAECS8097E1ZE (Bihar), 27AAECS8097E1ZZ (Maharashtra), 32AAECS8097E1Z8 (Kerala).
The CIN (Corporate Identification Number) of Selco Solar Light is U40106KA1995PTC017498. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Selco Solar Light has 14 court cases on record: 14 filed by the company. 1 is pending. Most are in the district courts.
Selco Solar Light was incorporated on 30 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
Selco Solar Light has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹14.79 Cr; the latest was in July 2018.
The peers of Selco Solar Light by revenue are Dexler Energy Private Limited, Odyssey Energy Solutions Private Limited, Subaash Electrical Private Limited, Sunbeam Real Ventures Private Limited, Anubhav Plast Limited and 5 more, all in the Power industry (EPC, BoP and BTG).
Mohan Bhaskar Hegde ceased to be CEO on 01 Jun 2026. Elena Casolari was appointed as Nominee Director on 10 Mar 2021. Mankal Shankar Sriram was appointed as Nominee Director on 10 Mar 2021. Selco Solar Light has 10 board changes on record in total.