Kirti Solvex Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.86 Cr
- Company Age 27 Year, 11 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 27 years and 11 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
- LocationLatur, 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
Who are the key members and board of directors at Kirti Solvex?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ankit Bhutada  | Additional Director | 17-Aug-2017 | Current |
| Chanda Bhutada | Additional Director | 16-Jun-2020 | Current |
| Anand Bhutada | Additional Director | 17-Aug-2017 | Current |
| Kirtikumar Bhutada | Director | 31-Jan-1997 | Current |
| Bharat Chikate | Additional Director | 29-Apr-2023 | Current |
| Shivram Gaikwad | Director | 03-Dec-2012 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Kirti Gold LimitedChanda Bhutada, Kirtikumar Bhutada and 2 more are mutual person
Kirti Foods LimitedChanda Bhutada, Anand Bhutada and 4 more are mutual person
Kirti Agrotech LimitedChanda Bhutada, Bharat Chikate and 1 more are mutual person
Kirti Dal Mills LimitedChanda Bhutada, Anand Bhutada and 3 more are mutual person
- Kirti Agrovet Limited
Chanda Bhutada, Anand Bhutada and 3 more are mutual person
- Kirti Real Estate Llp
Anand Bhutada is a mutual person
Charges (Loans)
₹0
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2010 | Union Bank Of India | ₹17.00 Cr | Satisfied |
| 11 Dec 2006 | Solapur Janata Sahakari Bank Limited | ₹6.00 Cr | Satisfied |
| 30 Oct 2004 | Solapur Janata Sahakari Bank Ltd. | ₹3.00 Cr | Satisfied |
| 08 Nov 2002 | Solapur Janata Sahakari Bank Ltd. | ₹1.50 Cr | Satisfied |
| 27 Mar 2002 | Solapur Janata Sahakari Bank Ltd. | ₹2.00 Cr | Satisfied |
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.
Deals i
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
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.
