Parkash Solvex Limited

Specializes in rice trading and distribution.

1981 | Kapurthala, Punjab (India) | Active
Last Updated: January 05, 2025

Parkash Solvex Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 43 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.35 Cr
  • Revenue Growth %
  • Profit Growth 19.75%
  • Ebitda -2.67%
  • Net Worth -2.60%
  • Total Assets -0.74%

About Parkash Solvex

Parkash Solvex Limited (PSL) is a Public Limited Indian Non-Government Company incorporated in India on 23 April 1981 and has a history of 43 years and nine months. Its registered office is in Kapurthala, Punjab, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 2.00 M.

The company has closed loans amounting to ₹1.35 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sanjeev Aggarwal, Manav Aggarwal, and Jitendra Singh serve as directors at the Company.

Company Details

  • Location

    Kapurthala, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15143PB1981PLC004508

  • Company No.

    004508

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Apr 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Food and Beverages

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

Board Members (3)

Name Designation Appointment Date Status
Sanjeev Aggarwal Country flag representing In Director 23-Feb-2010 Current
Manav Aggarwal Country flag representing In Director 23-Feb-2010 Current
Jitendra Singh Country flag representing In Additional Director 27-Dec-2018 Current

Financial Performance of Parkash Solvex.

Parkash Solvex Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 19.75% increase in profit. The company's net worth dipped by a decrease of 2.6%.

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
Revenue from Operations
Total Assets
-0.74%
Profit or Loss
19.75%
Net Worth
-2.60%
EBITDA
-2.67%

What is the Ownership and Shareholding Structure of Parkash Solvex?

In 2019, Parkash 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

₹13.50 M

Charges Breakdown by Lending Institutions

  • State Bank Of Patiala : 1.35 Cr

Latest Charge Details

Date Lender Amount Status
29 Dec 1989 State Bank Of Patiala ₹1.35 Cr Satisfied

How Many Employees Work at Parkash Solvex?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Parkash Solvex Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Parkash Solvex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Director Appointment

    Jitendra Singh was appointed as a Additional Director was appointed as a Additional Director on 27 Dec 2018 & has been associated with this company since 6 years 1 month .

    27 Dec 2018

  • Director Appointment

    Sanjeev Aggarwal was appointed as a Director was appointed as a Director on 23 Feb 2010 & has been associated with this company since 14 years 11 months .

    23 Feb 2010

  • Director Appointment

    Manav Aggarwal was appointed as a Director was appointed as a Director on 23 Feb 2010 & has been associated with this company since 14 years 11 months .

    23 Feb 2010

  • Charges

    A charge registered on 29 Dec 1989 via Charge ID 80057504 with State Bank Of Patiala was fully satisfied on 08 Feb 2010.

    08 Feb 2010

Frequently asked questions

  • Parkash Solvex Limited was incorporated on 23 Apr 1981.

  • The authorized share capital of Parkash Solvex Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 3 directors are associated with Parkash Solvex Limited.

    • Sanjeev Aggarwal
    • Manav Aggarwal
    • Jitendra Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parkash Solvex Limited is Industrial Area India, Kapurthala, Punjab, 144601.

  • The corporate identification number (CIN) of Parkash Solvex Limited is U15143PB1981PLC004508 and the company number is 004508 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2020 indicates that The net worth of Parkash Solvex Limited has experienced an downturn of -2.60%.

  • The most recent Balance Sheet for Parkash Solvex Limited was filed with the ROC on 31 Mar 2024.

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