Swelect Solar Energy Private Limited - Company Profile

It is a environment private limited company based in Chennai, Tamil Nadu, India, established in 2008.

2008 Chennai, Tamil Nadu, India Amalgamated

Last Updated: July 26, 2025

About Swelect Solar Energy Private Limited

Swelect Solar Energy Private Limited, a amalgamated private limited company, was established on 20 August 2008 in Chennai, Tamil Nadu, India. Engaging in solar energy solutions within the electricity, gas, steam and air condition supply sector, it holds CIN: U31104TN2008PTC068923. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹25.00 Cr and a paid-up capital of ₹4.44 Cr.

Formerly known as Numeric Solar Energy Private Limited. It upholds a compliant status. Employing 2 professional, Its leadership includes Balan Arthanari (Director), Chellappan Gounder Ramasamy (Director), Jayashree Nachiappan (Director). Past directors included Vasantha Balan, Balan Arthanari, Nachiappan Konganapuram Venkatesan. Its latest AGM occurred on 25 July 2023, with the balance sheet filed on 31 March 2023. It is based at Swelect House, No.5, Sir P.S. Sivasamy Salai Mylapore, Chennai, Tamil Nadu, 600004.

Company Details

CIN/LLPIN
U31104TN2008PTC068923
Registration Number
068923
Incorporation Date
20 August 2008
Authorized Capital
₹25.00 Cr
Paid-Up Capital
₹4.44 Cr
ROC Code
Roc Chennai
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 25.00 Cr as on 26-07-2025
Paid Up Capital ₹ 4.44 Cr as on 26-07-2025
Company Age 17 Year, 5 Months
Last Filing with ROC 31 Mar 2023
Revenue Growth **** -56.34% (FY 2023)
Profit Growth **** -29.52% (FY 2023)
Ebitda **** -32.24% (FY 2023)
Net Worth -5.00% (FY 2023)
Total Assets **** 0.41% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Swelect Solar Energy 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 Solar Energy Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Balan Arthanari	Director	05 Feb 2016	Current
Chellappan Gounder Ramasamy	Director	20 Aug 2008	Current
Jayashree Nachiappan	Director	30 May 2012	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	05 Feb 2016	Past
Pramod Abcsdd	Additional Director	24 Sep 2016	Past
Pramod Abcsdd	Director	30 May 2012	Past
Pramod Abcsdd	Managing Director	03 Dec 2010	Past
Pramod Abcsdd	Additional Director	29 Sep 2012	Past

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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%.

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

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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%

*******

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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 Pattern (FY 2024)

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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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.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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

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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.

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Latest Updates, News, and FAQs on Swelect Solar Energy

Recent Activity within the Organization

Annual General Meeting

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

Progress on Swelect Solar Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai. was documented.
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 10 years 12 days . was recorded as a recent event.
05 Feb 2016
Director Appointment

The activity Jayashree Nachiappan was appointed as a Director was appointed as a Director on 30 May 2012 & has been associated with this company since 13 years 8 months . was completed.
30 May 2012
Director Appointment

Progress on Chellappan Gounder Ramasamy was appointed as a Director was appointed as a Director on 20 Aug 2008 & has been associated with this company since 17 years 5 months . was documented.
20 Aug 2008
Company Incorporation

Swelect Solar Energy Private Limited was registered on 20 Aug 2008 with Roc Chennai & aged 17 years 5 months as per MCA records. was recorded as a recent event.
20 Aug 2008

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