Swelect Hhv Solar Photovoltaics Private Limited - Company Profile

It is a energy and power private limited company based in Chennai, Tamil Nadu, India, established in 2021.
2021 Chennai, Tamil Nadu, India Active
Last Updated:
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About Swelect Hhv Solar Photovoltaics Private Limited

Swelect Hhv Solar Photovoltaics Private Limited, a active private limited company, was established on 03 May 2021 in Chennai, Tamil Nadu, India. Engaging in power equipment manufacturers within the manufacturing sector, it holds CIN: U40100TN2021PTC143219. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹60.00 Cr and a paid-up capital of ₹40.01 Cr.

Employing 59 professional, Its leadership includes Balan Arthanari (Director), Iniyan Selvarajan (Director), Chellappan Gounder Ramasamy (Director). Past directors included Mirunalini Venkatagiri Chellappan, Gnanasekar Sukumar Samuel. It holds ₹146.80 Cr open charges and no settled loans. Its latest AGM occurred on 25 July 2025, with the balance sheet filed on 31 March 2025. It is based at Swelecthouse,No.5,Sirp.S.Sivasamysalaimylapore, Chennai, Tamil Nadu, 600004.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U40100TN2021PTC143219

  • Registration Number

    143219

  • Incorporation Date

    03 May 2021

  • Authorized Capital

    ₹60.00 Cr

  • Paid-Up Capital

    ₹40.01 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 40.01 Cr
  • Company Age 4 Year, 9 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 146.80 Cr
  • Revenue Growth **** %
  • Profit Growth **** -655.28%
  • Ebitda **** -566.29%
  • Net Worth -790.97%
  • Total Assets **** 984.73%
Company report

Swelect Hhv Solar Photovoltaics Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Swelect Hhv Solar Photovoltaics Private 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 Swelect Hhv Solar Photovoltaics Private Limited?
Current Directors
Name Designation Appointment Date Status
Balan Arthanari Director 03 May 2021 Current
Iniyan Selvarajan Director 28 Jul 2025 Current
Chellappan Gounder Ramasamy Director 03 May 2021 Current
Mirunalini Venkatagiri Chellappan Whole-Time Director 03 May 2021 Current
Arulkumar Pudur Shanmugasundaram Additional Director 12 Nov 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 21 Mar 2025 Past
Pramod Abcsdd Additional Director 28 Jul 2024 Past

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Financial Performance of Swelect Hhv Solar Photovoltaics.

Swelect Hhv Solar Photovoltaics Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 655.28% decrease in profit. The company's net worth observed a substantial decline by a decrease of 790.97%.

Swelect Hhv Solar Photovoltaics revenue growth over time
Swelect Hhv Solar Photovoltaics profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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Revenue from Operations
*******
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*******
*******
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Total Assets
*******
 984.73%
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*******
*******
Profit or Loss
*******
 -655.28%
*******
*******
*******
*******
Net Worth
*******
 -790.97%
*******
*******
*******
*******
EBITDA
*******
 -566.29%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Swelect Hhv Solar Photovoltaics?

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

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,468,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 100.00 Cr
  • Others : 26.80 Cr
  • Axis Bank Limited : 20.00 Cr
Latest Charge Details
Date Lender Amount Status
18 Feb 2025 Others ₹26.80 Cr Open
10 Oct 2023 Axis Bank Limited ₹20.00 Cr Open
25 Oct 2022 Hdfc Bank Limited ₹100.00 Cr Open

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How Many Employees Work at Swelect Hhv Solar Photovoltaics?

Swelect Hhv Solar Photovoltaics has a workforce of 59 employees as of Apr 10, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Swelect Hhv Solar Photovoltaics, 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 Hhv Solar Photovoltaics'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.

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Latest Updates, News, and FAQs on Swelect Hhv Solar Photovoltaics
Recent Activity within the Organization
  • Director Appointment

    The activity Arulkumar Pudur Shanmugasundaram was appointed as a Additional Director was appointed as a Additional Director on 12 Nov 2025 & has been associated with this company since 3 months 16 days . was completed.

  • Director Appointment

    Progress on Iniyan Selvarajan was appointed as a Director was appointed as a Director on 28 Jul 2025 & has been associated with this company since 7 months 1 day . was documented.

  • Annual General Meeting

    Swelect Hhv Solar Photovoltaics Private Limited last Annual general meeting of members was held on 25 Jul 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    The activity Harshika Jain was appointed as a Company Secretary was appointed as a Company Secretary on 25 Jun 2025 & has been associated with this company since 8 months 3 days . was completed.

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 100.00 Cr registered on 25 Oct 2022 with Charge ID 100645690 was modified on 13 May 2025. was completed.

  • Balance Sheet

    Swelect Hhv Solar Photovoltaics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Swelect Hhv Solar Photovoltaics Private Limited?

The CIN of Swelect Hhv Solar Photovoltaics Private Limited is U40100TN2021PTC143219.

Where is Swelect Hhv Solar Photovoltaics Private Limited headquartered?

Swelect Hhv Solar Photovoltaics Private Limited is headquartered at Swelecthouse,No.5,Sirp.S.Sivasamysalaimylapore, Chennai, Tamil Nadu, 600004.

When was Swelect Hhv Solar Photovoltaics Private Limited incorporated?

Swelect Hhv Solar Photovoltaics Private Limited was incorporated on 03 May 2021.

Who are the current directors of Swelect Hhv Solar Photovoltaics Private Limited?

The current directors of Swelect Hhv Solar Photovoltaics Private Limited are

What is the primary industry of Swelect Hhv Solar Photovoltaics Private Limited?

The primary industry of Swelect Hhv Solar Photovoltaics Private Limited is Manufacturing.

Is Swelect Hhv Solar Photovoltaics Private Limited a listed company?

Swelect Hhv Solar Photovoltaics Private Limited is unlisted.

What is the capital structure of Swelect Hhv Solar Photovoltaics Private Limited?

The authorized capital of Swelect Hhv Solar Photovoltaics Private Limited is ₹60.00 Cr, and the paid-up capital is ₹40.01 Cr.

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