Krishna Solvechem Limited

Distributor and importer of chemicals, solvents, and drug intermediates for various industries.

2006 | Mumbai-9, Maharashtra (India) | Active
Last Updated:

Krishna Solvechem Profile

Key Indicators

  • Authorised Capital ₹ 4.60 Cr
  • Paid Up Capital ₹ 4.45 Cr
  • Company Age 19 Year, 2 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 221.87 Cr
  • Satisfied Charges ₹ 81.90 Cr
  • Revenue Growth 7.70%
  • Profit Growth 3.85%
  • Ebitda 8.05%
  • Net Worth 16.27%
  • Total Assets -3.37%

About Krishna Solvechem

Krishna Solvechem Limited (KSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 March 2006 and has a history of 19 years. Its registered office is in Mumbai-9, Maharashtra.

The Company is engaged in the Pharma Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.60 Cr and a paid-up capital of Rs 4.45 Cr.

The company currently has active open charges totaling ₹221.87 Cr. The company has closed loans amounting to ₹81.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sunil Bansal, Jaya Singhania, Krishna Rathi, and Five other members serve as directors at the Company.

Company Details

  • Location Mumbai-9, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kscl.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51102MH2006PLC160204

  • Company No.

    160204

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Mar 2006

  • Date of AGM

    05 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Pharma
Chemicals and Materials

What products or services does Krishna Solvechem Limited offer?

Krishna Solvechem Limited offers a wide range of products and services, including Industrial Chemicals & Supplies, Biocides, Chemical Reagents & Catalysts, Potassium Salts, Pharma Ingredients & Raw Materials, API Intermediate.

Who are the key members and board of directors at Krishna Solvechem?

Executive Team (1)

NameDesignationAppointment DateStatus
Atul Vora Country flag representing In Managing Director02-Mar-2006Current

Board Members (7)

NameDesignationAppointment DateStatus
Sunil Bansal Country flag representing In Director 01-Aug-2019Current
Krishna Rathi Country flag representing In Director 09-Jan-2021Current
Jaya Singhania Country flag representing In Director 20-May-2023Current
Prakash Vora Country flag representing In Whole-Time Director 02-Mar-2006Current
Yogesh Vora Country flag representing In Whole-Time Director 02-Mar-2006Current
Jatin Langalia Country flag representing In Additional Director 19-Feb-2024Current

Financial Performance of Krishna Solvechem.

Krishna Solvechem Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.7% increase. The company also saw a slight improvement in profitability, with a 3.85% increase in profit. The company's net worth Soared by an impressive increase of 16.27%.

Krishna Solvechem revenue growth over time
Krishna Solvechem 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
7.70%
Revenue from Operations
7.43%
Total Assets
-3.37%
Profit or Loss
3.85%
Net Worth
16.27%
EBITDA
8.05%

What is the Ownership and Shareholding Structure of Krishna Solvechem?

In 2023, Krishna Solvechem had a promoter holding of 83.01% and a public holding of 16.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹221.87 Cr

Satisfied Charges

₹81.90 Cr

Charges Breakdown by Lending Institutions

  • Others : 112.32 Cr
  • Axis Bank Limited : 49.38 Cr
  • Hdfc Bank Limited : 31.00 Cr
  • Standard Chartered Bank : 29.17 Cr

Latest Charge Details

DateLenderAmountStatus
08 Jun 2022Others₹31.00 CrOpen
08 Jun 2022Others₹59.32 CrOpen
19 Apr 2022Standard Chartered Bank₹1.50 CrOpen
19 Apr 2022Standard Chartered Bank₹3.15 CrOpen
20 Dec 2021Hdfc Bank Limited₹31.00 CrOpen

How Many Employees Work at Krishna Solvechem?

Unlock and access historical data on people associated with Krishna Solvechem, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Krishna Solvechem Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Krishna Solvechem, 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 Krishna Solvechem'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 Krishna Solvechem

Recent activity within the organization

  • Annual General Meeting

    Krishna Solvechem Limited last Annual general meeting of members was held on 05 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Krishna Solvechem Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Jatin Krishnakant Langalia was appointed as a Additional Director was appointed as a Additional Director on 19 Feb 2024 & has been associated with this company since 1 year 13 days .

  • Charges

    A charge with Others of Rs. 59.32 Cr registered on 08 Jun 2022 with Charge ID 100586925 was modified on 21 Dec 2023.

  • Charges

    A charge with Others of Rs. 31.00 Cr registered on 08 Jun 2022 with Charge ID 100586920 was modified on 01 Jun 2023.

  • Charges

    A charge with Axis Bank Limited of Rs. 47.00 Cr registered on 12 Nov 2018 with Charge ID 100220766 was modified on 01 Aug 2022.

Recent News, Updates & Announcement

  • Krishna Solvechem news update on market trends
    MCA Imposes Penalties on Companies for Not Appointing Female Directors; Maharashtra Govt-Run Company Among Those Fined.

    When companies don't appoint female directors, MCA imposes penalties. 4 companies, including one run by Maharashtra govt, were fined for not following rules. This shows that everyone must follow corporate governance rules. Companies with high capital or turnover must have at least one woman on their board. If she leaves, they have 3 months to replace her. Govt is getting stricter on this issue. Companies and officers can be fined up to ₹300,000 and ₹100,000 respectively. JM Financial Properties and Holdings and its executives were fined for admitting to delay in appointment. Companies can appeal the orders..

    Economic Times

Frequently asked questions

  • What is the Incorporation or founding date of Krishna Solvechem Limited?

    Krishna Solvechem Limited was incorporated on 02 Mar 2006.

  • What is authorized share capital and paid-up capital of Krishna Solvechem Limited?

    The authorized share capital of Krishna Solvechem Limited is ₹ 4.60 Cr and paid-up capital is ₹ 4.45 Cr.

  • Who are the current board members & directors of Krishna Solvechem Limited?

    Currently 8 directors are associated with Krishna Solvechem Limited.

    • Sunil Kumar Bansal
    • Jaya Ankur Singhania
    • Krishna Shyam Sunder Rathi
    • Prakash Manmohan Vora
    • Yogesh Manmohandas Vora
    • Atul Manmohan Vora
    • Jatin Krishnakant Langalia
    • Hemang Ashokkumar Vyas

  • What is the registered address of Krishna Solvechem Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Krishna Solvechem Limited is M-2 Sriniwas Bldg. 382/384, Narshi Natha Street India, Mumbai-9, Maharashtra.

  • What is the corporate identification number (CIN) and company number of Krishna Solvechem Limited?

    The corporate identification number (CIN) of Krishna Solvechem Limited is U51102MH2006PLC160204 and the company number is 160204 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Krishna Solvechem Limited?

    The Official website of Krishna Solvechem Limited is https://www.kscl.co.in

  • What has been the recent revenue trend for Krishna Solvechem Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Krishna Solvechem Limited has risen by 7.70%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Krishna Solvechem Limited has experienced an upsurge of 16.27%.

  • What are the total open charges for Krishna Solvechem Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Krishna Solvechem Limited amount to ₹ 221.87 Cr.

  • When was the last Balance Sheet of Krishna Solvechem Limited filed with the ROC?

    The most recent Balance Sheet for Krishna Solvechem Limited was filed with the ROC on 31 Mar 2024.

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