Maheshwari Solvent Extractions Limited

Company specializes in rice bran oil extraction and manufacturing of de-oiled cakes, also offers job work for seed processing.

1983 | Gondia, Maharashtra (India) | Active
Last Updated: July 26, 2024

Maheshwari Solvent Extractions Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.87 Cr
  • Company Age 41 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.20 M
  • Satisfied Charges ₹ 26.99 Cr
  • Revenue Growth -90.22%
  • Profit Growth -935.21%
  • Ebitda -1029.02%
  • Net Worth -176.38%
  • Total Assets -22.11%

About Maheshwari Solvent Extractions

Maheshwari Solvent Extractions Limited (MSEL) is a Public Limited Indian Non-Government Company incorporated in India on 22 February 1983 and has a history of 41 years and 11 months. Its registered office is in Gondia, Maharashtra, 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 3.00 Cr and a paid-up capital of Rs 2.87 Cr.

The company currently has active open charges totaling ₹2.20 M. The company has closed loans amounting to ₹26.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gokuldas Fafat, Arunkumar Bhaiya, Deepak Maheshwari, and Three other members serve as directors at the Company.

Company Details

  • Location

    Gondia, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15140MH1983PLC029377

  • Company No.

    029377

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Feb 1983

  • Date of AGM

    27 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

Who are the key members and board of directors at Maheshwari Solvent Extractions?

Board Members (6)

Name Designation Appointment Date Status
Ajay Bhutada Country flag representing In Director 25-Jun-2020 Current
Gokuldas Fafat Country flag representing In Director 25-Jul-1997 Current
Arunkumar Bhaiya Country flag representing In Director 19-Mar-2015 Current
Deepak Maheshwari Country flag representing In Director 19-Mar-2015 Current
Balmukund Fafat Country flag representing In Director 19-Mar-2015 Current
Sunil Maheshwari Country flag representing In Director 25-Jun-2020 Current

Financial Performance of Maheshwari Solvent Extractions.

Maheshwari Solvent Extractions Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 90.22% decrease. The company also saw a substantial fall in profitability, with a 935.21% decrease in profit. The company's net worth observed a substantial decline by a decrease of 176.38%.

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
-90.22%
Revenue from Operations
-53.10%
Total Assets
-22.11%
Profit or Loss
-935.21%
Net Worth
-176.38%
EBITDA
-1029.02%

What is the Ownership and Shareholding Structure of Maheshwari Solvent Extractions?

In 2023, Maheshwari Solvent Extractions 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

₹0.22 Cr

Satisfied Charges

₹26.99 Cr

Charges Breakdown by Lending Institutions

  • Maharashtra State Financial Corp. : 0.15 Cr
  • Maharashtra State Financial Corpn. : 0.05 Cr
  • Maharashtra State Financial Corpo. : 0.02 Cr

Latest Charge Details

Date Lender Amount Status
08 Mar 1988 Maharashtra State Financial Corpo. ₹0.20 M Open
25 Jul 1984 Maharashtra State Financial Corp. ₹1.50 M Open
25 Jul 1984 Maharashtra State Financial Corpn. ₹0.50 M Open
21 Nov 2007 Bank Of India ₹1.20 Cr Satisfied
21 Nov 2007 Bank Of India Limited ₹1.20 Cr Satisfied

How Many Employees Work at Maheshwari Solvent Extractions?

Maheshwari Solvent Extractions has a workforce of 9 employees as of Apr 04, 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 Maheshwari Solvent Extractions, 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 Maheshwari Solvent Extractions'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 Maheshwari Solvent Extractions

Recent activity within the organization

  • Annual General Meeting

    Maheshwari Solvent Extractions Limited last Annual general meeting of members was held on 27 Dec 2023 as per latest MCA records.

    27 Dec 2023

  • Charges

    A charge registered on 21 Nov 2007 via Charge ID 10088766 with Bank Of India was fully satisfied on 06 Nov 2023.

    06 Nov 2023

  • Charges

    A charge registered on 21 Nov 2007 via Charge ID 10150388 with Bank Of India Limited was fully satisfied on 06 Nov 2023.

    06 Nov 2023

  • Charges

    A charge registered on 03 Oct 2001 via Charge ID 90223292 with Bank Of India was fully satisfied on 06 Nov 2023.

    06 Nov 2023

  • Charges

    A charge registered on 19 Dec 2000 via Charge ID 90223212 with Bank Of India was fully satisfied on 06 Nov 2023.

    06 Nov 2023

  • Charges

    A charge registered on 22 Jan 1997 via Charge ID 90220257 with Bank Of India was fully satisfied on 06 Nov 2023.

    06 Nov 2023

Frequently asked questions

  • Maheshwari Solvent Extractions Limited was incorporated on 22 Feb 1983.

  • The authorized share capital of Maheshwari Solvent Extractions Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.87 Cr.

  • Currently 6 directors are associated with Maheshwari Solvent Extractions Limited.

    • Gokuldas Dwarkadas Fafat
    • Arunkumar Govindlal Bhaiya
    • Deepak Kunjilal Maheshwari
    • Balmukund Dwarkadas Fafat
    • Sunil Satyanarayan Maheshwari
    • Ajay Champatlal Bhutada
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maheshwari Solvent Extractions Limited is Laxmipur-Khamari, Gondia, Maharashtra, India, 441601.

  • The corporate identification number (CIN) of Maheshwari Solvent Extractions Limited is U15140MH1983PLC029377 and the company number is 029377 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Maheshwari Solvent Extractions Limited has fallen by -90.22%.

  • As Per 2023 financial reports, 9 employees are currently employed by Maheshwari Solvent Extractions Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Maheshwari Solvent Extractions Limited has experienced an downturn of -176.38%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Maheshwari Solvent Extractions Limited amount to ₹ 2.20 M.

  • The most recent Balance Sheet for Maheshwari Solvent Extractions Limited was filed with the ROC on 31 Mar 2023.

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