Baba Farid Solvex Private Limited

Produces and preserves various food products such as meat, fish, fruits, vegetables, and oils.

2003 | Faridkot, Punjab (India) | Active
Last Updated:

Baba Farid Solvex Profile

Key Indicators

  • Authorised Capital ₹ 1.75 Cr
  • Paid Up Capital ₹ 1.75 Cr
  • Company Age 21 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 59.39 Cr
  • Satisfied Charges ₹ 14.00 Cr
  • Revenue Growth 22.07%
  • Profit Growth 10.54%
  • Ebitda -70.71%
  • Net Worth 6.77%
  • Total Assets -14.47%

About Baba Farid Solvex

Baba Farid Solvex Private Limited (BFSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 May 2003 and has a history of 21 years and ten months. Its registered office is in Faridkot, Punjab, India.

The Company is engaged in the Food And Beverages Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.75 Cr and a paid-up capital of Rs 1.75 Cr.

The company currently has active open charges totaling ₹59.39 Cr. The company has closed loans amounting to ₹14.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Deepak Monga, Desa Monga, and Mandeep Monga serve as directors at the Company.

Company Details

  • Location

    Faridkot, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15143PB2003PTC025996

  • Company No.

    025996

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 May 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Food and Beverages
Company report

Baba Farid Solvex Private Limited

Explore comprehensive data for Baba Farid Solvex Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Baba Farid Solvex?

Board Members (3)

NameDesignationAppointment DateStatus
Deepak Monga Country flag representing In Director 17-May-2003Current
Desa Monga Country flag representing In Director 01-Jun-2009Current
Mandeep Monga Country flag representing In Director 01-Apr-2012Current

Financial Performance of Baba Farid Solvex.

Baba Farid Solvex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.07% increase. The company also saw a substantial improvement in profitability, with a 10.54% increase in profit. The company's net worth moved up by a moderate rise of 6.77%.

Baba Farid Solvex revenue growth over time
Baba Farid Solvex 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
22.07%
Revenue from Operations
21.75%
Total Assets
-14.47%
Profit or Loss
10.54%
Net Worth
6.77%
EBITDA
-70.71%

What is the Ownership and Shareholding Structure of Baba Farid Solvex?

In 2023, Baba Farid Solvex had a promoter holding of 25.66% and a public holding of 74.34%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹59.39 Cr

Satisfied Charges

₹14.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 40.68 Cr
  • Axis Bank Limited : 17.82 Cr
  • Others : 0.90 Cr

Latest Charge Details

DateLenderAmountStatus
08 Mar 2022Axis Bank Limited₹2.61 CrOpen
08 Mar 2022Axis Bank Limited₹15.21 CrOpen
16 Nov 2021Others₹8.96 MOpen
13 Oct 2014Hdfc Bank Limited₹22.11 CrOpen
21 Aug 2014Hdfc Bank Limited₹18.56 CrOpen

How Many Employees Work at Baba Farid Solvex?

Baba Farid Solvex has a workforce of 3 employees as of Apr 05, 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 Baba Farid Solvex Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Baba Farid Solvex, 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 Baba Farid Solvex'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 Baba Farid Solvex

Recent activity within the organization

  • Annual General Meeting

    Baba Farid Solvex Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Baba Farid Solvex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Charges

    A charge with Axis Bank Limited of Rs. 2.61 Cr registered on 08 Mar 2022 with Charge ID 100543716 was modified on 11 Jan 2023.

  • Charges

    A charge with Axis Bank Limited of Rs. 15.21 Cr registered on 08 Mar 2022 with Charge ID 100543881 was modified on 11 Jan 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.61 Cr with Charge ID 100543716 was registered on 08 Mar 2022.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 15.21 Cr with Charge ID 100543881 was registered on 08 Mar 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Baba Farid Solvex Private Limited?

    Baba Farid Solvex Private Limited was incorporated on 07 May 2003.

  • What is authorized share capital and paid-up capital of Baba Farid Solvex Private Limited?

    The authorized share capital of Baba Farid Solvex Private Limited is ₹ 1.75 Cr and paid-up capital is ₹ 1.75 Cr.

  • Who are the current board members & directors of Baba Farid Solvex Private Limited?

    Currently 3 directors are associated with Baba Farid Solvex Private Limited.

    • Deepak Singh Monga
    • Desa Singh Monga
    • Mandeep Singh Monga
  • What is the registered address of Baba Farid Solvex Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Baba Farid Solvex Private Limited is Sadiq Roadvpo Machaki Kala Distt Faridkot India, Punjab, 151203.

  • What is the corporate identification number (CIN) and company number of Baba Farid Solvex Private Limited?

    The corporate identification number (CIN) of Baba Farid Solvex Private Limited is U15143PB2003PTC025996 and the company number is 025996 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Baba Farid Solvex Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Baba Farid Solvex Private Limited has risen by 22.07%.

  • How many employees does Baba Farid Solvex Private Limited currently have?

    As Per 2023 financial reports, 3 employees are currently employed by Baba Farid Solvex Private Limited.

  • What change has been observed in the net worth of Baba Farid Solvex Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Baba Farid Solvex Private Limited has experienced an upsurge of 6.77%.

  • What are the total open charges for Baba Farid Solvex Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Baba Farid Solvex Private Limited amount to ₹ 59.39 Cr.

  • When was the last Balance Sheet of Baba Farid Solvex Private Limited filed with the ROC?

    The most recent Balance Sheet for Baba Farid Solvex Private Limited was filed with the ROC on 31 Mar 2023.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed