Rajaram Solvex Profile
Key Indicators
- Authorised Capital ₹ 11.00 Cr
- Paid Up Capital ₹ 2.30 Cr
- Company Age 33 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 63.55 Cr
- Satisfied Charges ₹ 68.45 Cr
- Revenue Growth -41.09%
- Profit Growth -69.58%
- Ebitda -48.19%
- Net Worth 0.86%
- Total Assets -23.91%
About Rajaram Solvex
Rajaram Solvex Limited (RSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 May 1991 and has a history of 33 years and nine months. Its registered office is in Sangili, Maharashtra, India.
The Company is engaged in the Chemicals And Materials 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 11.00 Cr and a paid-up capital of Rs 2.30 Cr.
The company currently has active open charges totaling ₹63.55 Cr. The company has closed loans amounting to ₹68.45 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jayant Patil, Bhagat Patil, Prabhavati Patil, and Four other members serve as directors at the Company.
Company Details
- Location
Sangili, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U15141PN1991PLC061629
- Company No.
061629
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
10 May 1991
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Who are the key members and board of directors at Rajaram Solvex?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suresh Sawant  | Director | 02-Feb-2015 | Current |
| Bhagat Patil | Director | 12-Aug-1992 | Current |
| Jayant Patil | Whole-Time Director | 12-Aug-1992 | Current |
| Prabhavati Patil | Director | 02-Feb-2015 | Current |
| Prateek Patil | Director | 01-Jan-2022 | Current |
| Rajvardhan Patil | Director | 01-Jan-2022 | Current |
Financial Performance of Rajaram Solvex.
Rajaram Solvex Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 41.09% decrease. The company also saw a substantial fall in profitability, with a 69.58% decrease in profit. The company's net worth moved up by a moderate rise of 0.86%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Rajaram Solvex?
In 2023, Rajaram Solvex had a promoter holding of 47.18% and a public holding of 52.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Bhagat Patil is a mutual person
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Bhagat Patil is a mutual person
Charges (Loans)
₹63.55 Cr
₹68.45 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 40.00 Cr
- Others : 21.50 Cr
- The State Industrial And Investment Corpn. Of M. Ltd. : 1.45 Cr
- Axis Bank Limited : 0.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Apr 2022 | Others | ₹6.50 Cr | Open |
| 21 Apr 2022 | Hdfc Bank Limited | ₹40.00 Cr | Open |
| 03 Oct 2020 | Axis Bank Limited | ₹6.00 M | Open |
| 15 Jan 1999 | Others | ₹15.00 Cr | Open |
| 09 Sep 1992 | The State Industrial And Investment Corpn. Of M. Ltd. | ₹1.45 Cr | Open |
How Many Employees Work at Rajaram Solvex?
Rajaram Solvex has a workforce of 147 employees as of Apr 04, 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 Rajaram 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 Rajaram 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.
