Expresolv Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 2.06 Cr
- Company Age 8 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 16.33 Cr
- Satisfied Charges ₹ 13.73 Cr
- Revenue Growth 38.08%
- Profit Growth 36.21%
- Ebitda 45.34%
- Net Worth 23.08%
- Total Assets 102.91%
About Expresolv
Expresolv Limited (EL) is a Public Limited Indian Non-Government Company incorporated in India on 18 July 2016 (Eight years and six months 28 days old ). Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Expresolv Private Limited. The Company is engaged in the Chemicals And Materials 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 2.50 Cr and a paid-up capital of Rs 2.06 Cr.
The company currently has active open charges totaling ₹16.33 Cr. The company has closed loans amounting to ₹13.73 Cr, as per Ministry of Corporate Affairs (MCA) records.
Arvindbhai Patel, Geetaben Patel, Aayush Patel, and Two other members serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U51909GJ2016PLC092972
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Company No.
092972
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
18 Jul 2016
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Expresolv Limited offer?
Expresolv Limited offers a wide range of products and services, including Flavours & Aromatics, Vinegar, Chemical Reagents & Catalysts, Inorganic Salts, Organic and Inorganic Solvents, Alcohol Solvents, Industrial Chemicals & Supplies, Aroma Chemicals, Potassium Salts, Fertilizers and Soil Additives.
Who are the key members and board of directors at Expresolv?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arvindbhai Patel
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Director | 18-Jul-2016 | Current |
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Geetaben Patel
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Director | 18-Jul-2016 | Current |
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Aayush Patel
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Director | 04-Jun-2021 | Current |
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Joitiben Patel
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Director | 04-Jun-2021 | Current |
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Piyush Satvara
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Director | 01-Jul-2021 | Current |
Financial Performance of Expresolv.
Expresolv Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.08% increase. The company also saw a substantial improvement in profitability, with a 36.21% increase in profit. The company's net worth Soared by an impressive increase of 23.08%.
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What is the Ownership and Shareholding Structure of Expresolv?
In 2023, Expresolv had a promoter holding of 99.76% and a public holding of 0.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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A.And A.Orgo Chem Private LimitedArvindbhai Patel and Geetaben Patel are mutual person
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Expresolv FoundationGeetaben Patel and Aayush Patel are mutual person
Charges (Loans)
₹16.33 Cr
₹13.73 Cr
Charges Breakdown by Lending Institutions
- Others : 16.33 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jan 2024 | Others | ₹16.33 Cr | Open |
| 07 Mar 2022 | The Kalupur Commercial Co-Operative Bank Limited | ₹13.73 Cr | Satisfied |
How Many Employees Work at Expresolv?
Expresolv has a workforce of 22 employees as of Apr 08, 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 Expresolv, 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 Expresolv'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.