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Solar Energy Corporation Of India Limited - Company Profile

It is a environment public limited union government company based in New Delhi, Delhi, India, established in 2011.

2011 | New Delhi, Delhi, India | Active
Last Updated:

About Solar Energy Corporation Of India Limited

Solar Energy Corporation Of India Limited, a active public limited union government company, was established on 20 September 2011 in New Delhi, Delhi, India. Engaging in solar energy solutions within the electricity, gas, steam and air condition supply sector, it holds CIN: U40106DL2011GOI225263. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹2,000.00 Cr and a paid-up capital of ₹1,354.00 Cr.

Formerly known as Solar Energy Corporation Of India, Renewable Energy Corporation Of India Limited. It upholds a compliant status. Employing 108 professional, Its leadership includes Joshit Ranjan Sikidar (Director), Padam Lal (Nominee Director), Sanjay Sharma (Whole-Time Director). Past directors included Praveen Kumar, Rameshwar Gupta Prasad, Ravinder Pal Batra. It holds ₹3,425.00 Cr open charges and ₹99.00 Cr settled loans. Its latest AGM occurred on 16 December 2024, with the balance sheet filed on 31 March 2024. It is based at 06Th Floor, Plate B Nbcc Office Block Tower-2, East Kidwai N, Agar, New Delhi, Delhi, 110023.

Company Details

  • CIN/LLPIN

    U40106DL2011GOI225263

  • Registration Number

    225263

  • Incorporation Date

    20 September 2011

  • Authorized Capital

    ₹2,000.00 Cr

  • Paid-Up Capital

    ₹1,354.00 Cr

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2,000.00 Cr
  • Paid Up Capital ₹ 1,354.00 Cr
  • Company Age 14 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3,425.00 Cr
  • Satisfied Charges ₹ 99.00 Cr
  • Revenue Growth 48.62%
  • Profit Growth 31.34%
  • Ebitda 20.48%
  • Net Worth 15.33%
  • Total Assets 23.99%
Company report

Solar Energy Corporation Of India Limited

Company Report FY 2025-2026

Explore comprehensive insights into Solar Energy Corporation Of India Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Solar Energy Corporation Of India Limited?

Current Directors

NameDesignationAppointment DateStatus
Joshit Ranjan SikidarDirector12 Sep 2023Current
Padam LalNominee Director27 Feb 2023Current
Sanjay SharmaWhole-Time Director28 Mar 2022Current
Santosh Kumar SarangiManaging Director13 May 2025Current
Sivakumar Venkat VepakommaDirector30 Aug 2024Current
Manharbhai Ravjibhai BaldaniyaDirector26 May 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddNominee Director01 Jan 2020Past
Pramod AbcsddCeo10 May 2025Past
Pramod AbcsddNominee Director14 Dec 2012Past
Pramod AbcsddWhole-Time Director31 May 2023Past
Pramod AbcsddNominee Director15 Jun 2023Past
Pramod AbcsddCompany Secretary05 Jan 2017Past

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Financial Performance of Solar Energy Corporation Of India.

Solar Energy Corporation Of India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 48.62% increase. The company also saw a substantial improvement in profitability, with a 31.34% increase in profit. The company's net worth Soared by an impressive increase of 15.33%.

Solar Energy Corporation Of India revenue growth over time
Solar Energy Corporation Of India 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
48.62%
Revenue from Operations
48.19%
Total Assets
23.99%
Profit or Loss
31.34%
Net Worth
15.33%
EBITDA
20.48%

What is the Ownership and Shareholding Structure of Solar Energy Corporation Of India?

In 2023, Solar Energy Corporation Of India had a promoter holding of 100.00%. The company had 6 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹34,250,000,000.00

Satisfied Charges

₹990,000,000.00

Charges Breakdown by Lending Institutions

  • Others : 900.00 Cr
  • Hdfc Bank Limited : 555.00 Cr
  • State Bank Of India : 520.00 Cr
  • Yes Bank Limited : 500.00 Cr
  • Axis Bank Limited : 500.00 Cr
  • Others : 450.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Dec 2024Indian Bank₹450.00 CrOpen
23 Dec 2024Yes Bank Limited₹500.00 CrOpen
28 Mar 2024Others₹300.00 CrOpen
31 Jan 2024Others₹600.00 CrOpen
16 Jun 2022State Bank Of India₹520.00 CrOpen

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How Many Employees Work at Solar Energy Corporation Of India?

Solar Energy Corporation Of India has a workforce of 108 employees as of Apr 03, 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 Solar Energy Corporation Of India Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solar Energy Corporation Of India, 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 Solar Energy Corporation Of India'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 Solar Energy Corporation Of India

Recent Activity within the Organization

  • Director Appointment

    Progress on Akash Tripathi was appointed as a Managing Director was appointed as a Managing Director on 27 Aug 2025 & has been associated with this company since 2 months 30 days . was documented.

  • Director Appointment

    Manharbhai Ravjibhai Baldaniya was appointed as a Director was appointed as a Director on 26 May 2025 & has been associated with this company since 6 months 1 day . was recorded as a recent event.

  • Director Appointment

    Santosh Kumar Sarangi was appointed as a Managing Director was appointed as a Managing Director on 13 May 2025 & has been associated with this company since 6 months 14 days . was recorded as a recent event.

  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 500.00 Cr registered on 29 Sep 2020 with Charge ID 100378110 was modified on 09 Jan 2025. was documented.

  • Charges

    A charge with Indian Bank amounted to Rs. 450.00 Cr with Charge ID 101036873 was registered on 31 Dec 2024. was recorded as a recent event.

  • Charges

    Progress on A charge with Yes Bank Limited amounted to Rs. 500.00 Cr with Charge ID 101021867 was registered on 23 Dec 2024. was documented.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Solar Energy Corporation Of India Limited?

    The CIN of Solar Energy Corporation Of India Limited is U40106DL2011GOI225263.

  • Where is Solar Energy Corporation Of India Limited headquartered?

    Solar Energy Corporation Of India Limited is headquartered at 06Th Floor, Plate B Nbcc Office Block Tower-2, East Kidwai N, Agar, New Delhi, Delhi, 110023.

  • When was Solar Energy Corporation Of India Limited incorporated?

    Solar Energy Corporation Of India Limited was incorporated on 20 September 2011.

  • Who are the current directors of Solar Energy Corporation Of India Limited?

    The current directors of Solar Energy Corporation Of India Limited are

  • What is the primary industry of Solar Energy Corporation Of India Limited?

    The primary industry of Solar Energy Corporation Of India Limited is Electricity, Gas, Steam And Air Condition Supply.

  • Is Solar Energy Corporation Of India Limited a listed company?

    Solar Energy Corporation Of India Limited is unlisted.

  • What is the capital structure of Solar Energy Corporation Of India Limited?

    The authorized capital of Solar Energy Corporation Of India Limited is ₹2,000.00 Cr, and the paid-up capital is ₹1,354.00 Cr.

  • What is the compliance status of Solar Energy Corporation Of India Limited?

    The compliance status of Solar Energy Corporation Of India Limited is Compliant.

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