K L Solvex Profile
Key Indicators
- Authorised Capital ₹ 1.20 Cr
- Paid Up Capital ₹ 1.19 Cr
- Company Age 26 Year, 26 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.45 Cr
- Satisfied Charges ₹ 12.03 Cr
- Revenue Growth 5.11%
- Profit Growth -717.37%
- Ebitda 73.92%
- Net Worth -4.75%
- Total Assets -10.26%
About K L Solvex
K L Solvex Private Limited (KLSPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 January 1999 and has a history of 26 years. Its registered office is in Ludhiana, Punjab, India.
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 1.20 Cr and a paid-up capital of Rs 1.19 Cr.
The company currently has active open charges totaling ₹12.45 Cr. The company has closed loans amounting to ₹12.03 Cr, as per Ministry of Corporate Affairs (MCA) records.
Tarun Rattan and Varun Rattan serve as directors at the Company.
Company Details
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Location
Ludhiana, Punjab, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U15312PB1999PTC022114
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Company No.
022114
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
06 Jan 1999
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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 Chandigarh
Industry
Who are the key members and board of directors at K L Solvex?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Varun Rattan
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Director | 03-Jan-2019 | Current |
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Tarun Rattan
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Director | 03-Jan-2019 | Current |
Financial Performance of K L Solvex.
K L Solvex Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.11% increase. The company also saw a substantial fall in profitability, with a 717.37% decrease in profit. The company's net worth dipped by a decrease of 4.75%.
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What is the Ownership and Shareholding Structure of K L Solvex?
In 2023, K L Solvex had a promoter holding of 100.00%. 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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Rkb Financiers LtdVarun Rattan is a mutual person
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Kaveri Shilpkala Limited
Varun Rattan is a mutual person
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Swati Fashions Private Limited
Varun Rattan is a mutual person
Charges (Loans)
₹12.45 Cr
₹12.03 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 7.45 Cr
- Others : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Apr 2021 | Hdfc Bank Limited | ₹7.45 Cr | Open |
| 25 Jan 2019 | Others | ₹5.00 Cr | Open |
| 25 Mar 2010 | Punjab & Sind Bank | ₹4.50 M | Satisfied |
| 06 Feb 2008 | Punjab & Sind Bank | ₹3.90 M | Satisfied |
| 28 Nov 2003 | Punjab & Sind Bank | ₹8.53 M | Satisfied |
How Many Employees Work at K L Solvex?
K L Solvex has a workforce of 73 employees as of Apr 06, 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 K L 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 K L 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.
