Prakruthi Solvex Private Limited
Processes grains and extracts oil from rice bran for food production.
1994 | Tumkur, Karnataka (India) | Active
Prakruthi Solvex Profile
Key Indicators
- Authorised Capital ₹ 3.50 M
- Paid Up Capital ₹ 3.50 M
- Company Age 30 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.50 Cr
- Revenue Growth 16.65%
- Profit Growth -7.42%
- Ebitda 17.04%
- Net Worth 0.62%
- Total Assets -4.31%
About Prakruthi Solvex
Prakruthi Solvex Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 April 1994 and has a history of 30 years and 11 months. Its registered office is in Tumkur, Karnataka, 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 3.50 M and a paid-up capital of Rs 3.50 M.
The company currently has active open charges totaling ₹4.50 Cr.
Govindanna Thimmareddy, Amarnath Kumar, and Kantharajasetty Umeshbabu serve as directors at the Company.
Company Details
- Location
Tumkur, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U15142KA1994PTC015554
- Company No.
015554
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Apr 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Food and Beverages
Prakruthi Solvex Private Limited
Explore comprehensive data for Prakruthi Solvex Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Prakruthi Solvex?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amarnath Kumar  | Managing Director | 25-Apr-1994 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Govindanna Thimmareddy | Director | 25-Apr-1994 | Current |
| Kantharajasetty Umeshbabu | Director | 25-Apr-1994 | Current |
Financial Performance of Prakruthi Solvex.
Prakruthi Solvex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.65% increase. The company also saw a slight decrease in profitability, with a 7.42% decrease in profit. The company's net worth moved up by a moderate rise of 0.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Prakruthi Solvex?
In 2022, Prakruthi Solvex had a promoter holding of 34.29% and a public holding of 65.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹45.00 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 4.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Feb 1997 | State Bank Of India | ₹4.50 Cr | Open |
How Many Employees Work at Prakruthi Solvex?
Prakruthi Solvex has a workforce of 42 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Prakruthi 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 Prakruthi Solvex's trajectory.
Rating
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
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 Prakruthi Solvex
Recent activity within the organization
- Annual General Meeting
Prakruthi Solvex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Prakruthi Solvex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with State Bank Of India of Rs. 45.00 M registered on 19 Feb 1997 with Charge ID 80068303 was modified on 08 Aug 2023.
- Charges
A charge with State Bank Of India amounted to Rs. 45.00 M with Charge ID 80068303 was registered on 19 Feb 1997.
- Director Appointment
Govindanna Thimmareddy was appointed as a Director was appointed as a Director on 25 Apr 1994 & has been associated with this company since 30 years 11 months .
- Director Appointment
Amarnath Tumkur Prasanna Kumar was appointed as a Managing Director was appointed as a Managing Director on 25 Apr 1994 & has been associated with this company since 30 years 11 months .
Frequently asked questions
What is the Incorporation or founding date of Prakruthi Solvex Private Limited?
Prakruthi Solvex Private Limited was incorporated on 25 Apr 1994.
What is authorized share capital and paid-up capital of Prakruthi Solvex Private Limited?
The authorized share capital of Prakruthi Solvex Private Limited is ₹ 3.50 M and paid-up capital is ₹ 3.50 M.
Who are the current board members & directors of Prakruthi Solvex Private Limited?
Currently 3 directors are associated with Prakruthi Solvex Private Limited.
- Govindanna Thimmareddy
- Amarnath Tumkur Prasanna Kumar
- Kantharajasetty Umeshbabu
What is the registered address of Prakruthi Solvex Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Prakruthi Solvex Private Limited is P.B.No 55 9Th Km N.H 206Mallasandra Post, India, Tumkur, Karnataka, 572107.
What is the corporate identification number (CIN) and company number of Prakruthi Solvex Private Limited?
The corporate identification number (CIN) of Prakruthi Solvex Private Limited is U15142KA1994PTC015554 and the company number is 015554 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Prakruthi Solvex Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Prakruthi Solvex Private Limited has risen by 16.65%.
How many employees does Prakruthi Solvex Private Limited currently have?
As Per 2023 financial reports, 42 employees are currently employed by Prakruthi Solvex Private Limited.
What change has been observed in the net worth of Prakruthi Solvex Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Prakruthi Solvex Private Limited has experienced an upsurge of 0.62%.
What are the total open charges for Prakruthi Solvex Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Prakruthi Solvex Private Limited amount to ₹ 4.50 Cr.
When was the last Balance Sheet of Prakruthi Solvex Private Limited filed with the ROC?
The most recent Balance Sheet for Prakruthi Solvex Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records