Rajaram Solvex Profile
Key Indicators
- Authorised Capital ₹ 11.00 Cr
- Paid Up Capital ₹ 2.30 Cr
- Company Age 33 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 83.55 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 ten months. Its registered office is in Sangli, 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 2024. 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 ₹83.55 Cr. The company has closed loans amounting to ₹68.45 Cr, as per Ministry of Corporate Affairs (MCA) records.
Anandrao Kakade, Rajvardhan Patil, Suresh Sawant, and Three other members serve as directors at the Company.
Company Details
- Location
Sangli, 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
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Chemicals and Materials
Environment
Who are the key members and board of directors at Rajaram Solvex?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suresh Sawant  | Director | 02-Feb-2015 | Current |
| Anandrao Kakade | Director | 28-Sep-2019 | Current |
| Rajvardhan Patil | Director | 01-Jan-2022 | Current |
| Prateek Patil | Director | 01-Jan-2022 | Current |
| Prabhavati Patil | Director | 02-Feb-2015 | Current |
| Jayant Patil | Whole-Time Director | 12-Aug-1992 | 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
- Ratios
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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.
Related Corporates (Common Directorship)
Origintech Electronics (India) Private LimitedAnandrao Kakade is a mutual person
- Soar Infrabuild Enterprise Llp
Rajvardhan Patil and Prateek Patil are mutual person
- Rajaram Com-Trade Services Private Limited
Rajvardhan Patil and Prateek Patil are mutual person
- Rajaram Consumer Care Private Limited
Rajvardhan Patil and Prateek Patil are mutual person
- Whistle Man Films Llp
Rajvardhan Patil is a mutual person
- Islampur Business Forum
Prateek Patil is a mutual person
Charges (Loans)
Open Charges
₹83.55 Cr
Satisfied Charges
₹68.45 Cr
Charges Breakdown by Lending Institutions
- Others : 41.50 Cr
- Hdfc Bank Limited : 40.00 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 |
|---|---|---|---|
| 04 Feb 2025 | Others | ₹20.00 Cr | Open |
| 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 |
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.
Latest Updates, News, and FAQs on Rajaram Solvex
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101049585 was registered on 04 Feb 2025.
- Annual General Meeting
Rajaram Solvex Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Balance Sheet
Rajaram Solvex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Charges
A charge registered on 29 Jun 2021 via Charge ID 100467135 with Axis Bank Limited was fully satisfied on 17 May 2022.
- Charges
A charge with Others amounted to Rs. 6.50 Cr with Charge ID 100574827 was registered on 22 Apr 2022.
- Charges
A charge with Hdfc Bank Limited of Rs. 40.00 Cr registered on 21 Apr 2022 with Charge ID 100565312 was modified on 22 Apr 2022.
Frequently asked questions
What is the Incorporation or founding date of Rajaram Solvex Limited?
Rajaram Solvex Limited was incorporated on 10 May 1991.
What is authorized share capital and paid-up capital of Rajaram Solvex Limited?
The authorized share capital of Rajaram Solvex Limited is ₹ 11.00 Cr and paid-up capital is ₹ 2.30 Cr.
Who are the current board members & directors of Rajaram Solvex Limited?
Currently 6 directors are associated with Rajaram Solvex Limited.
- Anandrao Bajirao Kakade
- Rajvardhan Jayant Patil
- Suresh Maruti Sawant
- Prateek Jayant Patil
- Prabhavati Manikrao Patil
- Jayant Rajaram Patil
What is the registered address of Rajaram Solvex Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Rajaram Solvex Limited is A-21 M. I. D. C. Industrial Area Islampur, India, Sangili, Maharashtra, 415409.
What is the corporate identification number (CIN) and company number of Rajaram Solvex Limited?
The corporate identification number (CIN) of Rajaram Solvex Limited is U15141PN1991PLC061629 and the company number is 061629 as per Ministry of Corporate Affairs (MCA).
What is the official website of Rajaram Solvex Limited?
The Official website of Rajaram Solvex Limited is https://www.rajaramgroup.com
What has been the recent revenue trend for Rajaram Solvex Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Rajaram Solvex Limited has fallen by -41.09%.
How many employees does Rajaram Solvex Limited currently have?
As Per 2023 financial reports, 147 employees are currently employed by Rajaram Solvex Limited.
What change has been observed in the net worth of Rajaram Solvex Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Rajaram Solvex Limited has experienced an upsurge of 0.86%.
What are the total open charges for Rajaram Solvex Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Rajaram Solvex Limited amount to ₹ 83.55 Cr.
When was the last Balance Sheet of Rajaram Solvex Limited filed with the ROC?
The most recent Balance Sheet for Rajaram Solvex Limited was filed with the ROC on 31 Mar 2024.
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