Salvi Chemical Industries Limited

Manufacturer of chemical and pharmaceutical products, including iodine derivatives, nutrition, and speciality chemicals.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated: December 22, 2024

Salvi Chemical Industries Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.52 Cr
  • Company Age 19 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 212.48 Cr
  • Satisfied Charges ₹ 17.00 Cr
  • Revenue Growth -5.95%
  • Profit Growth 95.61%
  • Ebitda 1.04%
  • Net Worth 1.24%
  • Total Assets -8.47%

About Salvi Chemical Industries

Salvi Chemical Industries Limited (SCIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 October 2005 and has a history of 19 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Salvi Chemicals Industries Limited. 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 10.00 Cr and a paid-up capital of Rs 9.52 Cr.

The company currently has active open charges totaling ₹212.48 Cr. The company has closed loans amounting to ₹17.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nirav Salvi, Kaushal Salvi, Vipul Desai, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    salvichem.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24230MH2005PLC156633

  • Company No.

    156633

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Oct 2005

  • Date of AGM

    16 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials
Pharma

What products or services does Salvi Chemical Industries Limited offer?

Salvi Chemical Industries Limited offers a wide range of products and services, including Bird Food, Poultry & Animal Food, Feed Additives, Flavours & Aromatics, Food Additive, Chemical Reagents & Catalysts, Ammonium Compound, Nutraceuticals & Dietary Supplements, Nutritional Supplements, Chemical Compound, Speciality Chemicals.

Who are the key members and board of directors at Salvi Chemical Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Nirav Salvi Country flag representing In Managing Director01-Aug-2011Current

Board Members (5)

NameDesignationAppointment DateStatus
Kaushal Salvi Country flag representing In Whole-Time Director 01-Feb-2011Current
Vipul Desai Country flag representing In Director 01-Jan-2022Current
Shweta Salvi Country flag representing In Director 01-Sep-2022Current
Tejas Shah Country flag representing In Additional Director 15-Nov-2024Current
Kantilal Salvi Country flag representing In Whole-Time Director 01-Aug-2011Current

Financial Performance of Salvi Chemical Industries.

Salvi Chemical Industries Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 5.95% decrease. The company also saw a substantial improvement in profitability, with a 95.61% increase in profit. The company's net worth moved up by a moderate rise of 1.24%.

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
-5.95%
Revenue from Operations
-5.93%
Total Assets
-8.47%
Profit or Loss
95.61%
Net Worth
1.24%
EBITDA
1.04%

What is the Ownership and Shareholding Structure of Salvi Chemical Industries?

In 2021, Salvi Chemical Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹212.48 Cr

Satisfied Charges

₹17.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 148.78 Cr
  • Bank Of India : 41.79 Cr
  • The Saraswat Cooperative Bank Ltd : 14.55 Cr
  • The Saraswat Co-Op Bank Ltd : 5.75 Cr
  • The Saraswat Co-Operative Bank Ltd : 1.00 Cr
  • Others : 0.60 Cr

Latest Charge Details

DateLenderAmountStatus
07 Dec 2024Others₹6.00 CrOpen
30 Sep 2024Others₹14.00 CrOpen
15 May 2024Others₹50.75 CrOpen
14 May 2024Others₹16.75 CrOpen
26 Apr 2024Others₹1.33 MOpen

How Many Employees Work at Salvi Chemical Industries?

Salvi Chemical Industries has a workforce of 67 employees as of Apr 09, 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 Salvi Chemical Industries, 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 Salvi Chemical Industries'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 Salvi Chemical Industries

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 6.00 Cr with Charge ID 101012443 was registered on 07 Dec 2024.

    07 Dec 2024

  • Director Appointment

    Tejas Devendra Shah was appointed as a Additional Director was appointed as a Additional Director on 15 Nov 2024 & has been associated with this company since 3 months 8 days .

    15 Nov 2024

  • Charges

    A charge with Others amounted to Rs. 14.00 Cr with Charge ID 100987371 was registered on 30 Sep 2024.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 49.44 Cr registered on 26 Dec 2007 with Charge ID 10082737 was modified on 20 Sep 2024.

    20 Sep 2024

  • Annual General Meeting

    Salvi Chemical Industries Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.

    16 Sep 2024

  • Charges

    A charge registered on 16 Jan 2017 via Charge ID 100083656 with Others was fully satisfied on 05 Jul 2024.

    05 Jul 2024

Frequently asked questions

  • Salvi Chemical Industries Limited was incorporated on 10 Oct 2005.

  • The authorized share capital of Salvi Chemical Industries Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.52 Cr.

  • Currently 6 directors are associated with Salvi Chemical Industries Limited.

    • Nirav Kantilal Salvi
    • Kaushal Kantilal Salvi
    • Vipul Amul Desai
    • Shweta Kaushal Salvi
    • Tejas Devendra Shah
    • Kantilal Narandas Salvi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Salvi Chemical Industries Limited is 107/108 Western Edge Ii (Commercial) Off W.E.Highway, Borivali (East) India, Mumbai, Maharashtra, 400066.

  • The corporate identification number (CIN) of Salvi Chemical Industries Limited is U24230MH2005PLC156633 and the company number is 156633 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Salvi Chemical Industries Limited is https://www.salvichem.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Salvi Chemical Industries Limited has fallen by -5.95%.

  • As Per 2020 financial reports, 67 employees are currently employed by Salvi Chemical Industries Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Salvi Chemical Industries Limited has experienced an upsurge of 1.24%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Salvi Chemical Industries Limited amount to ₹ 212.48 Cr.

  • The most recent Balance Sheet for Salvi Chemical Industries Limited was filed with the ROC on 31 Mar 2024.

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