Baba Farid Solvex Profile
Key Indicators
- Authorised Capital ₹ 1.75 Cr
as on 16-11-2024
- Paid Up Capital ₹ 1.75 Cr
as on 16-11-2024
- Company Age 21 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 59.39 Cr
as on 16-11-2024
- Satisfied Charges ₹ 14.00 Cr
as on 16-11-2024
- Revenue 22.07%
(FY 2023)
- Profit 10.54%
(FY 2023)
- Ebitda -70.71%
(FY 2023)
- Net Worth 6.77%
(FY 2023)
- Total Assets -14.47%
(FY 2023)
About Baba Farid Solvex
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.
- 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
Company Details
- Location
Faridkot, Punjab, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Baba Farid Solvex?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepak Monga  | Director | 17-May-2003 | Current |
| Desa Monga | Director | 01-Jun-2009 | Current |
| Mandeep Monga | Director | 01-Apr-2012 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Naman Township Private LimitedActive 11 years 11 monthsDeepak Monga, Desa Monga and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 08 Mar 2022 | ₹2.61 Cr | Open |
Axis Bank Limited Creation Date: 08 Mar 2022 | ₹15.21 Cr | Open |
Others Creation Date: 16 Nov 2021 | ₹8.96 M | Open |
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.
Deals i
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
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
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.
