S.K. Solvex Private Limited

Manufacturer of mustard oil and cake, also involved in seed crushing and trading of agro products.

1996 | Jaipur, Rajasthan (India) | Active
Last Updated: July 09, 2024

S.K. Solvex Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.19 Cr
  • Company Age 28 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 74.92 Cr
  • Satisfied Charges ₹ 10.14 Cr
  • Revenue Growth -24.73%
  • Profit Growth -41.98%
  • Ebitda 30.62%
  • Net Worth 8.49%
  • Total Assets -33.20%

About S.K. Solvex

S.K. Solvex Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 June 1996 and has a history of 28 years and eight 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 1.50 Cr and a paid-up capital of Rs 1.19 Cr.

The company currently has active open charges totaling ₹74.92 Cr. The company has closed loans amounting to ₹10.14 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kanta Jain, Suresh Jain, and Vikas Jain 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

    U15142RJ1996PTC012197

  • Company No.

    012197

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jun 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Food and Beverages

Who are the key members and board of directors at S.K. Solvex?

Board Members (3)

NameDesignationAppointment DateStatus
Kanta Jain Country flag representing In Director 17-Jun-1996Current
Suresh Jain Country flag representing In Director 17-Jun-1996Current
Vikas Jain Country flag representing In Director 11-Feb-2019Current

Financial Performance of S.K. Solvex.

S.K. Solvex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.73% decrease. The company also saw a substantial fall in profitability, with a 41.98% decrease in profit. The company's net worth moved up by a moderate rise of 8.49%.

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
-24.73%
Revenue from Operations
-24.73%
Total Assets
-33.20%
Profit or Loss
-41.98%
Net Worth
8.49%
EBITDA
30.62%

What is the Ownership and Shareholding Structure of S.K. Solvex?

In 2023, S.K. Solvex had a promoter holding of 85.08% and a public holding of 14.92%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹74.92 Cr

Satisfied Charges

₹10.14 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 40.00 Cr
  • Others : 34.92 Cr

Latest Charge Details

DateLenderAmountStatus
11 Mar 2022Axis Bank Limited₹40.00 CrOpen
11 Dec 2017Others₹34.92 CrOpen
15 Dec 2010State Bank Of Bikaner And Jaipur₹3.75 MSatisfied
20 Nov 2001State Bank Of Bikaner And Jaipur₹9.76 CrSatisfied

How Many Employees Work at S.K. Solvex?

S.K. Solvex has a workforce of 17 employees as of Apr 07, 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 S.K. 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 S.K. 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 S.K. Solvex

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 34.92 Cr registered on 11 Dec 2017 with Charge ID 100142455 was modified on 28 Mar 2024.

    28 Mar 2024

  • Annual General Meeting

    S.K. Solvex Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 40.00 Cr with Charge ID 100556088 was registered on 11 Mar 2022.

    11 Mar 2022

  • Director Appointment

    Vikas Jain was appointed as a Director was appointed as a Director on 11 Feb 2019 & has been associated with this company since 6 years 13 days .

    11 Feb 2019

  • Charges

    A charge with Others amounted to Rs. 34.92 Cr with Charge ID 100142455 was registered on 11 Dec 2017.

    11 Dec 2017

Frequently asked questions

  • S.K. Solvex Private Limited was incorporated on 17 Jun 1996.

  • The authorized share capital of S.K. Solvex Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.19 Cr.

  • Currently 3 directors are associated with S.K. Solvex Private Limited.

    • Kanta Jain
    • Suresh Chand Jain
    • Vikas Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of S.K. Solvex Private Limited is A-20 Subhash NagarJaipur Jaipur, Rajasthan, India.

  • The corporate identification number (CIN) of S.K. Solvex Private Limited is U15142RJ1996PTC012197 and the company number is 012197 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for S.K. Solvex Private Limited has fallen by -24.73%.

  • As Per 2023 financial reports, 17 employees are currently employed by S.K. Solvex Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of S.K. Solvex Private Limited has experienced an upsurge of 8.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for S.K. Solvex Private Limited amount to ₹ 74.92 Cr.

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