Pitambar Solvex Private Limited

Produces solvent and refines edible oil with processing facility in Jaipur, Rajasthan.

2012 | Jaipur, Rajasthan (India) | Active
Last Updated:

Pitambar Solvex Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.21 M
  • Company Age 12 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 70.00 Cr
  • Satisfied Charges ₹ 38.30 Cr
  • Revenue Growth -25.64%
  • Profit Growth -33.05%
  • Ebitda -52.85%
  • Net Worth 2.96%
  • Total Assets 0.44%

About Pitambar Solvex

Pitambar Solvex Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 September 2012 and has a history of 12 years and five months. Its registered office is in Jaipur, Rajasthan, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.21 M.

The company currently has active open charges totaling ₹70.00 Cr. The company has closed loans amounting to ₹38.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Lokesh Garg, Vivek Sinha, Shashank Mehrotra, and Two other members serve as directors at the Company.

Company Details

  • Location

    Jaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15139RJ2012PTC040190

  • Company No.

    040190

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Sep 2012

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Food and Beverages

What products or services does Pitambar Solvex Private Limited offer?

Pitambar Solvex Private Limited offers a wide range of products and services, including Animal Feed, Rapeseed Meal.

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

Board Members (5)

NameDesignationAppointment DateStatus
Tamarish Sinha Country flag representing In Director 27-Oct-2022Current
Lokesh Garg Country flag representing In Director 27-Oct-2022Current
Vivek Sinha Country flag representing In Director 27-Oct-2022Current
Shashank Mehrotra Country flag representing In Director 29-Jul-2023Current
Nitin Jain Country flag representing In Director 27-Oct-2022Current

Financial Performance of Pitambar Solvex.

Pitambar Solvex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.64% decrease. The company also saw a substantial fall in profitability, with a 33.05% decrease in profit. The company's net worth moved up by a moderate rise of 2.96%.

Pitambar Solvex revenue growth over time
Pitambar Solvex 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
-25.64%
Revenue from Operations
-25.79%
Total Assets
0.44%
Profit or Loss
-33.05%
Net Worth
2.96%
EBITDA
-52.85%

What is the Ownership and Shareholding Structure of Pitambar Solvex?

In 2023, Pitambar 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

₹70.00 Cr

Satisfied Charges

₹38.30 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 70.00 Cr

Latest Charge Details

DateLenderAmountStatus
05 Mar 2024Hdfc Bank Limited₹50.00 CrOpen
01 Dec 2023Hdfc Bank Limited₹20.00 CrOpen
25 Feb 2022Axis Bank Limited₹3.78 MSatisfied
24 Dec 2021Axis Bank Limited₹2.80 MSatisfied
01 Nov 2021Others₹2.10 MSatisfied

How Many Employees Work at Pitambar Solvex?

Pitambar Solvex has a workforce of 48 employees as of Apr 09, 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.

Employee growth trends for Pitambar Solvex Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 50.00 Cr registered on 05 Mar 2024 with Charge ID 100884882 was modified on 14 Mar 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 50.00 Cr with Charge ID 100884882 was registered on 05 Mar 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100835035 was registered on 01 Dec 2023.

  • Annual General Meeting

    Pitambar Solvex Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

  • Director Appointment

    Shashank Mehrotra was appointed as a Director was appointed as a Director on 29 Jul 2023 & has been associated with this company since 1 year 7 months .

  • Balance Sheet

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

Frequently asked questions

  • What is the Incorporation or founding date of Pitambar Solvex Private Limited?

    Pitambar Solvex Private Limited was incorporated on 20 Sep 2012.

  • What is authorized share capital and paid-up capital of Pitambar Solvex Private Limited?

    The authorized share capital of Pitambar Solvex Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.21 M.

  • Who are the current board members & directors of Pitambar Solvex Private Limited?

    Currently 5 directors are associated with Pitambar Solvex Private Limited.

    • Lokesh Garg
    • Vivek Sinha
    • Shashank Mehrotra
    • Nitin Jain
    • Tamarish Sinha

  • What is the registered address of Pitambar Solvex Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pitambar Solvex Private Limited is Unit No. 08 And 09 (208 & 209 Second Floor) Signature Tower, Dc-2 Behind Apex Bank Lalkothi Tonk Road Bajaj Nagar, Jaipur, Rajasthan, India, 302015.

  • What is the corporate identification number (CIN) and company number of Pitambar Solvex Private Limited?

    The corporate identification number (CIN) of Pitambar Solvex Private Limited is U15139RJ2012PTC040190 and the company number is 040190 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Pitambar Solvex Private Limited?

    The Official website of Pitambar Solvex Private Limited is https://www.pitambarsolvex.com

  • What has been the recent revenue trend for Pitambar Solvex Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Pitambar Solvex Private Limited has fallen by -25.64%.

  • How many employees does Pitambar Solvex Private Limited currently have?

    As Per 2023 financial reports, 48 employees are currently employed by Pitambar Solvex Private Limited.

  • What change has been observed in the net worth of Pitambar Solvex Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Pitambar Solvex Private Limited has experienced an upsurge of 2.96%.

  • What are the total open charges for Pitambar Solvex Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Pitambar Solvex Private Limited amount to ₹ 70.00 Cr.

  • When was the last Balance Sheet of Pitambar Solvex Private Limited filed with the ROC?

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

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