Selenophene and thiophene capped cyclopenta[c]selenophenes were synthesized and characterized. Crystal structure determination of some representative compounds revealed that the substitution at 3,4-position in the form of cyclopentane ring of selenophene or thiophene does not make any significant twist in the trimer backbone, making the cooligomer nearly planar. All the cooligomers were electrochemically polymerized and compared with thiophene capped cyclopenta[c]thiophene polymer. DFT calculations predict that the cyclopentane substitution on the third repeating unit (and in general) of one dimensional polymer neither disturb the planarity nor causes any significant twist on the polymeric backbone unlike the 3,4-dialkyl substitution. The electrochemically prepared selenophene based polymers showed low band gap compared to that of thiophene analogues. Cyclopentane substitution on selenophene as well as thiophene makes the resulting polymer oxidatively more stable when compared to more familiar poly-ethylenedioxythiophene (PEDOT) or poly-ethylenedioxyselenophene (PEDOS) systems. Alternate polymers of cyclopenta[c]selenophenes (CPS)/cyclopenta[c]thiophene (CPT) and thiophene/selenophene possess the energy of HOMO and LUMO significantly lower than that of homopolymers of CPS and CPT, however, possess higher band gap than PCPS.