About Systemic Electric Private Limited
Data last updated:
Systemic Electric Private Limited is a private limited company based in Faridabad, Haryana, India, recognised as a startup by DPIIT. It specialises in electronics retail and distribution, a part of the broader consumer electronics and durables sector. Incorporated on 25 July 2012, the company has been in operation for over 14 years.
Registered with ROC Delhi under CIN U31109HR2012PTC046584.
Capital: an authorised share capital of ₹1 Cr and a paid-up capital of ₹10 Lakh. It is led by directors including Davinder Paul Singh and Vibha Saini.
Last AGM: 30 November 2021. Financial statements filed for year ended 31 March 2021. Office: Office At J19 – 15 Part – A Of Basement Sector – 84, Faridabad, Haryana, India – 121004.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.29 Cr, reflecting significant growth compared to the previous year.
The company has a workforce of approximately 6 employees as per the latest available data.
The company is associated with 2 brands - Solwer, Systemic Electric. As per MCA filings, the company has open charges of ₹63.07 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website systemicelectric.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice At J19 – 15 Part – A Of Basement Sector – 84, Faridabad, Haryana, India – 121004
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Systemic Electric
Systemic Electric operates two associated brands: Solwer and Systemic Electric. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers solar installations, maintenance, and energy services for homes and businesses. | solwer.in | |
| Provides solar installations and services for homes and businesses in India. | systemicelectric.com |
Competitors & Alternatives of Systemic Electric
Brands and companies operating in the same space as Systemic Electric Private Limited include SolarSquare, Gensol, BHI Energy and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 SolarSquare | Provider of solar panel installation services | Mumbai, India, India | 2015 |
 Gensol | Provider of solar advisory and execution services | Ahmedabad, India, India | 2007 |
 BHI Energy | Renewable energy and oil & gas projects are developed. | Weymouth, United States, United States | 1979 |
 Oorjan | Solar project financing and development | Mumbai, India, India | 2014 |
 ZunRoof | Provider of solar panel installation and O&M services | Gurugram, India, India | 2016 |
 NovaSource Power Services | Solar operations and maintenance services are provided globally. | Austin, United States, United States | 2020 |
 SunSystem Technology | Operations and maintenance services are provided for solar energy systems. | Rancho Cordova, United States, United States | 2008 |
 ENER-PACTE | Provider of O&M services for solar power plants | Lyon, France, France | 2016 |
 Inspire Clean Energy | Provides solar PV asset management and operations & maintenance services. | Mumbai, India, India | 2015 |
 Energy Vision | Solar operations and maintenance services are provided globally. | Port Louis, Mauritius, Mauritius | 2014 |
Business Activity of Systemic Electric
Systemic Electric operates primarily in the trade sector. One business activity is registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Trade | Locked | Retail Trading | Locked |
Detailed business activity records for Systemic Electric Private Limited
Activity codes and each activity's share of turnover are in the company report.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Systemic Electric
Systemic Electric Private Limited is audited by VIRESH VERMA & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIRESH VERMA & CO | Locked | Locked | Locked |
Complete auditor history for Systemic Electric Private Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Systemic Electric Private Limited
Systemic Electric has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Davinder Paul Singh Also directs: Airscience Technologies Private Limited | Additional Director | 03 Nov 2018 | 7 Years 11 Months | Current |
| Vibha Saini | Additional Director | 08 Dec 2018 | 7 Years 9 Months | Current |
| Pankaj Saini | Director | 25 Jul 2012 | 14 Years 2 Months | Current |
Financials of Systemic Electric Private Limited FY 2021 filings available
Systemic Electric Private Limited reported revenue of ₹6.29 Cr (up 183.03% YoY) for FY 2019.
Ten-year financial statements for Systemic Electric Private Limited
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.
Ownership and Shareholding of Systemic Electric
Shareholding and ownership data for Systemic Electric Private Limited
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 Systemic Electric
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jan 2021 | Axis Bank Limited | ₹23.43 Lakh | Open |
| 22 Jun 2020 | Sidbi | ₹6.6 Lakh | Open |
| 02 Dec 2019 | Sidbi | ₹33.04 Lakh | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Systemic Electric
Systemic Electric Private Limited has a workforce of 6 employees as of Apr 06, 2024.
Employee and EPFO history for Systemic Electric Private Limited
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.
GST Compliance of Systemic Electric
GST registrations and filing compliance for Systemic Electric Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Systemic Electric
Credit ratings, litigation, and regulatory alerts for Systemic Electric Private Limited
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.
MSME Payment Delays by Systemic Electric
MSME payment history for Systemic Electric Private Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Systemic Electric
Corporate group structure for Systemic Electric Private Limited
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.
MCA Filings & Documents of Systemic Electric
MCA filings and documents for Systemic Electric Private Limited
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.
Recent Activity on Systemic Electric
Frequently Asked Questions about Systemic Electric Private Limited
Systemic Electric is an active private limited company in the consumer electronics and durables sector based in Faridabad, Haryana, India. It was incorporated on 25 July 2012 (14+ years old) and is registered under CIN U31109HR2012PTC046584. The company has 6 employees.
Systemic Electric reported revenue of ₹6.29 Cr for FY 2019 (up 183.03% YoY).
The current directors of Systemic Electric are:
- Davinder Paul Singh - Additional Director
- Vibha Saini - Additional Director
- Pankaj Saini - Director
The primary industry of Systemic Electric is consumer electronics and durables. The company specifically operates in electronic appliances retail and distribution. The company is currently active in this sector.
Yes, Systemic Electric is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Systemic Electric can be reached at the registered office: Office At J19 – 15 Part – A Of Basement Sector – 84, Faridabad, Haryana, India – 121004, or through the website systemicelectric.com.