Prakruthi Solvex Private Limited

Processes grains and extracts oil from rice bran for food production.

1994 | Tumkur, Karnataka (India) | Active
Last Updated: July 05, 2024

Prakruthi Solvex Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 3.50 M
  • Company Age 30 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • 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 nine 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 2023. 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.

Kantharajasetty Umeshbabu, Govindanna Thimmareddy, and Amarnath Kumar 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 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Food and Beverages

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

Executive Team (1)

Name Designation Appointment Date Status
Amarnath Kumar Country flag representing In Managing Director 25-Apr-1994 Current

Board Members (2)

Name Designation Appointment Date Status
Kantharajasetty Umeshbabu Country flag representing In Director 25-Apr-1994 Current
Govindanna Thimmareddy Country flag representing In 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%.

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
16.65%
Revenue from Operations
16.72%
Total Assets
-4.31%
Profit or Loss
-7.42%
Net Worth
0.62%
EBITDA
17.04%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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 2023 as per latest MCA records.

    30 Sep 2023

  • 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.

    08 Aug 2023

  • Balance Sheet

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

    31 Mar 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.

    19 Feb 1997

  • Director Appointment

    Kantharajasetty Umeshbabu was appointed as a Director was appointed as a Director on 25 Apr 1994 & has been associated with this company since 30 years 9 months .

    25 Apr 1994

  • 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 9 months .

    25 Apr 1994

Frequently asked questions

  • Prakruthi Solvex Private Limited was incorporated on 25 Apr 1994.

  • The authorized share capital of Prakruthi Solvex Private Limited is ₹ 3.50 M and paid-up capital is ₹ 3.50 M.

  • Currently 3 directors are associated with Prakruthi Solvex Private Limited.

    • Kantharajasetty Umeshbabu
    • Govindanna Thimmareddy
    • Amarnath Tumkur Prasanna Kumar
  • 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 Tumkur, Karnataka, India, 572107.

  • 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).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prakruthi Solvex Private Limited has risen by 16.65%.

  • As Per 2023 financial reports, 42 employees are currently employed by Prakruthi Solvex Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prakruthi Solvex Private Limited amount to ₹ 4.50 Cr.

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