Kirti Solvex Limited

Processes oil seeds and cakes, trades in agro commodities, produces oil meal and feed.

1997 | Latur, Maharashtra (India) | Active
Last Updated:

Kirti Solvex Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.86 Cr
  • Company Age 28 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 32.39 Cr
  • Revenue Growth 29.25%
  • Profit Growth 22.89%
  • Ebitda 20.32%
  • Net Worth 10.31%
  • Total Assets 4.83%

About Kirti Solvex

Kirti Solvex Limited (KSL) is a Public Limited Indian Non-Government Company incorporated in India on 31 January 1997 and has a history of 28 years and two months. Its registered office is in Latur, Maharashtra.

The Company is engaged in the Agriculture 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 5.00 Cr and a paid-up capital of Rs 2.86 Cr.

The company has closed loans amounting to ₹32.39 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Chanda Bhutada, Anand Bhutada, Kirtikumar Bhutada, and Three other members serve as directors at the Company.

Company Details

  • Location Latur, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15143MH1997PLC105572

  • Company No.

    105572

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Jan 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Agriculture
Company report

Kirti Solvex Limited

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

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

Board Members (6)

NameDesignationAppointment DateStatus
Ankit Bhutada Country flag representing In Additional Director 17-Aug-2017Current
Chanda Bhutada Country flag representing In Additional Director 16-Jun-2020Current
Anand Bhutada Country flag representing In Additional Director 17-Aug-2017Current
Kirtikumar Bhutada Country flag representing In Director 31-Jan-1997Current
Bharat Chikate Country flag representing In Additional Director 29-Apr-2023Current
Shivram Gaikwad Country flag representing In Director 03-Dec-2012Current

Financial Performance of Kirti Solvex.

Kirti Solvex Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 29.25% increase. The company also saw a substantial improvement in profitability, with a 22.89% increase in profit. The company's net worth Soared by an impressive increase of 10.31%.

Kirti Solvex revenue growth over time
Kirti 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
29.25%
Revenue from Operations
30.99%
Total Assets
4.83%
Profit or Loss
22.89%
Net Worth
10.31%
EBITDA
20.32%

What is the Ownership and Shareholding Structure of Kirti Solvex?

In 2022, Kirti 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

₹0

Satisfied Charges

₹32.39 Cr

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 17.00 Cr
  • Solapur Janata Sahakari Bank Limited : 6.00 Cr
  • Solapur Janata Sahakari Bank Ltd. : 5.00 Cr
  • Janata Sahakari Bank Ltd. : 2.89 Cr
  • Solapur Janata Sahakari Bank Ltd. : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2010Union Bank Of India₹17.00 CrSatisfied
11 Dec 2006Solapur Janata Sahakari Bank Limited₹6.00 CrSatisfied
30 Oct 2004Solapur Janata Sahakari Bank Ltd.₹3.00 CrSatisfied
08 Nov 2002Solapur Janata Sahakari Bank Ltd.₹1.50 CrSatisfied
27 Mar 2002Solapur Janata Sahakari Bank Ltd.₹2.00 CrSatisfied

How Many Employees Work at Kirti Solvex?

Kirti Solvex has a workforce of 56 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.

Employee growth trends for Kirti Solvex Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Director Appointment

    Bharat Abhimanu Chikate was appointed as a Additional Director was appointed as a Additional Director on 29 Apr 2023 & has been associated with this company since 1 year 11 months .

  • Balance Sheet

    Kirti Solvex Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Chanda Satishkumar Bhutada was appointed as a Additional Director was appointed as a Additional Director on 16 Jun 2020 & has been associated with this company since 4 years 9 months .

  • Director Appointment

    Anand Satishkumar Bhutada was appointed as a Additional Director was appointed as a Additional Director on 17 Aug 2017 & has been associated with this company since 7 years 7 months .

  • Director Appointment

    Ankit Bhutada was appointed as a Additional Director was appointed as a Additional Director on 17 Aug 2017 & has been associated with this company since 7 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Kirti Solvex Limited?

    Kirti Solvex Limited was incorporated on 31 Jan 1997.

  • What is authorized share capital and paid-up capital of Kirti Solvex Limited?

    The authorized share capital of Kirti Solvex Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.86 Cr.

  • Who are the current board members & directors of Kirti Solvex Limited?

    Currently 6 directors are associated with Kirti Solvex Limited.

    • Chanda Satishkumar Bhutada
    • Anand Satishkumar Bhutada
    • Kirtikumar Vishnudas Bhutada
    • Bharat Abhimanu Chikate
    • Shivram Vitthal Gaikwad
    • Ankit Bhutada

  • What is the registered address of Kirti Solvex Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Kirti Solvex Limited is 78C Market Yard India, Latur, Maharashtra.

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

    The corporate identification number (CIN) of Kirti Solvex Limited is U15143MH1997PLC105572 and the company number is 105572 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Kirti Solvex Limited?

    The Official website of Kirti Solvex Limited is https://www.kirtigroup.com

  • What has been the recent revenue trend for Kirti Solvex Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Kirti Solvex Limited has risen by 29.25%.

  • How many employees does Kirti Solvex Limited currently have?

    As Per 2022 financial reports, 56 employees are currently employed by Kirti Solvex Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Kirti Solvex Limited has experienced an upsurge of 10.31%.

  • When was the last Balance Sheet of Kirti Solvex Limited filed with the ROC?

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

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