Narmada Solvex Private Limited

Solvent extraction of various oils from different seeds and cakes, established in 1995.

1995 | Akola, Maharashtra (India) | Active
Last Updated: July 04, 2024

Narmada Solvex Profile

Key Indicators

  • Authorised Capital ₹ 6.50 Cr
  • Paid Up Capital ₹ 6.20 Cr
  • Company Age 29 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 247.89 Cr
  • Satisfied Charges ₹ 132.99 Cr
  • Revenue Growth -3.21%
  • Profit Growth -60.85%
  • Ebitda -39.13%
  • Net Worth 3.24%
  • Total Assets 12.07%

About Narmada Solvex

Narmada Solvex Private Limited (NSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 December 1995 and has a history of 29 years and two months. Its registered office is in Akola, Maharashtra, India.

The Corporate was formerly known as Ruhatiya Finance Private Limited. 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 6.50 Cr and a paid-up capital of Rs 6.20 Cr.

The company currently has active open charges totaling ₹247.89 Cr. The company has closed loans amounting to ₹132.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shriprakash Agrawal and Shivprakash Kalurm serve as directors at the Company.

Company Details

  • Location

    Akola, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ruhatiyagroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65920MH1995PTC095486

  • Company No.

    095486

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Dec 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Food and Beverages

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

Executive Team (1)

NameDesignationAppointment DateStatus
Shivprakash Kalurm Country flag representing In Managing Director19-Dec-1995Current

Board Members (1)

NameDesignationAppointment DateStatus
Shriprakash Agrawal Country flag representing In Whole-Time Director 19-Dec-1995Current

Financial Performance of Narmada Solvex.

Narmada Solvex Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.21% decrease. The company also saw a substantial fall in profitability, with a 60.85% decrease in profit. The company's net worth moved up by a moderate rise of 3.24%.

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
-3.21%
Revenue from Operations
-3.47%
Total Assets
12.07%
Profit or Loss
-60.85%
Net Worth
3.24%
EBITDA
-39.13%

What is the Ownership and Shareholding Structure of Narmada Solvex?

In 2023, Narmada 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

₹247.89 Cr

Satisfied Charges

₹132.99 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 227.89 Cr
  • Others : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 May 2023Hdfc Bank Limited₹70.00 CrOpen
16 Mar 2023Hdfc Bank Limited₹35.95 CrOpen
16 Mar 2023Hdfc Bank Limited₹43.94 CrOpen
16 Mar 2023Hdfc Bank Limited₹78.00 CrOpen
02 Jan 2019Others₹20.00 CrOpen

How Many Employees Work at Narmada Solvex?

Narmada Solvex has a workforce of 26 employees as of Apr 06, 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 Narmada 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 Narmada 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 Narmada Solvex

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 70.00 Cr with Charge ID 100741935 was registered on 25 May 2023.

    25 May 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge registered on 22 Dec 2011 via Charge ID 10334153 with Others was fully satisfied on 29 Mar 2023.

    29 Mar 2023

  • Charges

    A charge registered on 22 Dec 2011 via Charge ID 10334158 with Others was fully satisfied on 29 Mar 2023.

    29 Mar 2023

  • Charges

    A charge registered on 07 Nov 2008 via Charge ID 10130991 with Others was fully satisfied on 29 Mar 2023.

    29 Mar 2023

Frequently asked questions

  • Narmada Solvex Private Limited was incorporated on 19 Dec 1995.

  • The authorized share capital of Narmada Solvex Private Limited is ₹ 6.50 Cr and paid-up capital is ₹ 6.20 Cr.

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

    • Shriprakash Kaluram Agrawal
    • Shivprakash Ruhatiya Kalurm
  • As per Ministry of Corporate Affairs (Mca), the registered address of Narmada Solvex Private Limited is Kirana Bazar, Akola, Maharashtra, India, 444001.

  • The corporate identification number (CIN) of Narmada Solvex Private Limited is U65920MH1995PTC095486 and the company number is 095486 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Narmada Solvex Private Limited is https://www.ruhatiyagroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Narmada Solvex Private Limited has fallen by -3.21%.

  • As Per 2023 financial reports, 26 employees are currently employed by Narmada Solvex Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Narmada Solvex Private Limited has experienced an upsurge of 3.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Narmada Solvex Private Limited amount to ₹ 247.89 Cr.

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

People also Viewed

Similar Companies Based on Edible Oils & Cooking Fats