Kathpal Solvex Private Limited

Manufacturer and exporter of basmati and non-basmati rice, sourced from local markets and agents.

2000 | Punjab, Punjab (India) | Active
Last Updated: July 18, 2024

Kathpal Solvex Profile

Key Indicators

  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 8.00 M
  • Company Age 24 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 35.08 Cr
  • Satisfied Charges ₹ 28.41 Cr
  • Revenue Growth 65.42%
  • Profit Growth 148.52%
  • Ebitda 57.03%
  • Net Worth 18.94%
  • Total Assets -12.88%

About Kathpal Solvex

Kathpal Solvex Private Limited (KSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 April 2000 and has a history of 24 years and ten months. Its registered office is in Punjab, 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 8.00 M and a paid-up capital of Rs 8.00 M.

The company currently has active open charges totaling ₹35.08 Cr. The company has closed loans amounting to ₹28.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

Krishan Lal and Ravi Kumar serve as directors at the Company.

Company Details

  • Location

    Punjab, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15141PB2000PTC023607

  • Company No.

    023607

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Apr 2000

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Food and Beverages

What products or services does Kathpal Solvex Private Limited offer?

Kathpal Solvex Private Limited offers a wide range of products and services, including Basmati Rice, White Sella Basmati Rice, Golden Sella Basmati Rice, Rice, Parboiled Rice, Long Grain Rice, Broken Rice.

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

Board Members (2)

Name Designation Appointment Date Status
Krishan Lal Country flag representing In Director 18-Apr-2000 Current
Ravi Kumar Country flag representing In Director 01-Aug-2014 Current

Financial Performance of Kathpal Solvex.

Kathpal Solvex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 65.42% increase. The company also saw a substantial improvement in profitability, with a 148.52% increase in profit. The company's net worth Soared by an impressive increase of 18.94%.

Graph illustrating revenue growth over time
Graph showing 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
65.42%
Revenue from Operations
65.50%
Total Assets
-12.88%
Profit or Loss
148.52%
Net Worth
18.94%
EBITDA
57.03%

What is the Ownership and Shareholding Structure of Kathpal Solvex?

In 2023, Kathpal 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹350.78 M

Satisfied Charges

₹284.10 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 15.08 Cr
  • Axis Bank Limited : 10.00 Cr
  • Others : 10.00 Cr

Latest Charge Details

Date Lender Amount Status
17 Sep 2022 Others ₹10.00 Cr Open
22 Nov 2021 Axis Bank Limited ₹10.00 Cr Open
05 Oct 2020 Hdfc Bank Limited ₹15.08 Cr Open
30 Jan 2020 Axis Bank Limited ₹4.00 Cr Satisfied
05 Dec 2014 Punjab National Bank ₹5.00 Cr Satisfied

How Many Employees Work at Kathpal Solvex?

Kathpal Solvex has a workforce of 3 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kathpal 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 Kathpal 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 Kathpal Solvex

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 100.00 M registered on 22 Nov 2021 with Charge ID 100504947 was modified on 23 Dec 2022.

    23 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 100.00 M with Charge ID 100616385 was registered on 17 Sep 2022.

    17 Sep 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 100.00 M with Charge ID 100504947 was registered on 22 Nov 2021.

    22 Nov 2021

  • Charges

    A charge registered on 30 Jan 2020 via Charge ID 100319398 with Axis Bank Limited was fully satisfied on 31 May 2021.

    31 May 2021

Frequently asked questions

  • Kathpal Solvex Private Limited was incorporated on 13 Apr 2000.

  • The authorized share capital of Kathpal Solvex Private Limited is ₹ 8.00 M and paid-up capital is ₹ 8.00 M.

  • Currently 2 directors are associated with Kathpal Solvex Private Limited.

    • Krishan Lal
    • Ravi Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kathpal Solvex Private Limited is Gumani Wala Roadjalalabad W, Punjab, India, 152024.

  • The corporate identification number (CIN) of Kathpal Solvex Private Limited is U15141PB2000PTC023607 and the company number is 023607 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kathpal Solvex Private Limited has risen by 65.42%.

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

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kathpal Solvex Private Limited has experienced an upsurge of 18.94%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kathpal Solvex Private Limited amount to ₹ 35.08 Cr.

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

People also Viewed

Similar Companies Based on Staple Foods & Grains