Sangam Solvent Extracts Limited

Processes rice bran oil and manufactures various types of paper products.

1974 | Bangaluru, Karnataka (India) | Active
Last Updated:

Sangam Solvent Extracts Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.54 M
  • Company Age 51 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.55 Cr
  • Satisfied Charges ₹ 1.82 Cr
  • Revenue Growth %
  • Profit Growth 75.56%
  • Ebitda 75.56%
  • Net Worth -0.31%
  • Total Assets -4.06%

About Sangam Solvent Extracts

Sangam Solvent Extracts Limited (SSEL) was founded in India on 11 February 1974 and has a glorious history of 51 years and one month.Its registered office is in Bangaluru, 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 1.00 Cr and a paid-up capital of Rs 5.54 M.

The company currently has active open charges totaling ₹3.55 Cr. The company has closed loans amounting to ₹1.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

Krishna Malpani, Sudarshan Malpani, Bheru Bohra, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U21015KA1974PLC002503

  • Company No.

    002503

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Feb 1974

  • 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 Sangam Solvent Extracts?

Board Members (4)

NameDesignationAppointment DateStatus
Krishna Malpani Country flag representing In Director 25-Jul-1977Current
Sudarshan Malpani Country flag representing In Director 15-Jun-2020Current
Bheru Bohra Country flag representing In Director 01-Mar-1997Current
Sidhant Malpani Additional Director 21-Oct-2024Current

Financial Performance of Sangam Solvent Extracts.

Sangam Solvent Extracts Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 75.56% increase in profit. The company's net worth dipped by a decrease of 0.31%.

Sangam Solvent Extracts revenue growth over time
Sangam Solvent Extracts 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
Revenue from Operations
Total Assets
-4.06%
Profit or Loss
75.56%
Net Worth
-0.31%
EBITDA
75.56%

What is the Ownership and Shareholding Structure of Sangam Solvent Extracts?

In 2023, Sangam Solvent Extracts 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

₹3.55 Cr

Satisfied Charges

₹1.82 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of Mysore : 2.27 Cr
  • Karnataka State Financial Corporation : 0.40 Cr
  • Karnataka Industrail Investment And Developemnt Corp. Ltd. : 0.36 Cr
  • Karnataka State Industrial Investment And Development Corp. : 0.31 Cr
  • Karnataka State Financial Corpoaration : 0.12 Cr
  • Others : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jun 1990Karnataka State Industrial Investment And Development Corp.₹3.10 MOpen
11 Oct 1989State Bank Of Mysore₹0.25 MOpen
03 Oct 1987State Bank Of Mysore₹1.50 MOpen
24 Mar 1987The Director Of Industries And Commerce₹0.85 MOpen
22 May 1985State Bank Of Mysore₹0.43 MOpen

How Many Employees Work at Sangam Solvent Extracts?

Unlock and access historical data on people associated with Sangam Solvent Extracts, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Sangam Solvent Extracts Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sangam Solvent Extracts, 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 Sangam Solvent Extracts'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 Sangam Solvent Extracts

Recent activity within the organization

  • Director Appointment

    Sidhant Malpani was appointed as a Additional Director was appointed as a Additional Director on 21 Oct 2024 & has been associated with this company since 5 months 10 days .

  • Annual General Meeting

    Sangam Solvent Extracts Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Sangam Solvent Extracts Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Director Appointment

    Sudarshan Malpani was appointed as a Director was appointed as a Director on 15 Jun 2020 & has been associated with this company since 4 years 9 months .

  • Charges

    A charge registered on 29 Mar 1997 via Charge ID 90191803 with State Bank Of Mysore was fully satisfied on 23 Aug 2007.

  • Charges

    A charge with State Bank Of Mysore amounted to Rs. 1.82 Cr with Charge ID 90191803 was registered on 29 Mar 1997.

Frequently asked questions

  • What is the Incorporation or founding date of Sangam Solvent Extracts Limited?

    Sangam Solvent Extracts Limited was incorporated on 11 Feb 1974.

  • What is authorized share capital and paid-up capital of Sangam Solvent Extracts Limited?

    The authorized share capital of Sangam Solvent Extracts Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.54 M.

  • Who are the current board members & directors of Sangam Solvent Extracts Limited?

    Currently 4 directors are associated with Sangam Solvent Extracts Limited.

    • Krishna Kumar Malpani
    • Sudarshan Malpani
    • Bheru Lal Bohra
    • Sidhant Malpani

  • What is the registered address of Sangam Solvent Extracts Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sangam Solvent Extracts Limited is Industry House 45 Race Cource, India, Bangalore, Karnataka, 560001.

  • What is the corporate identification number (CIN) and company number of Sangam Solvent Extracts Limited?

    The corporate identification number (CIN) of Sangam Solvent Extracts Limited is U21015KA1974PLC002503 and the company number is 002503 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Sangam Solvent Extracts Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sangam Solvent Extracts Limited has experienced an downturn of -0.31%.

  • What are the total open charges for Sangam Solvent Extracts Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sangam Solvent Extracts Limited amount to ₹ 3.55 Cr.

  • When was the last Balance Sheet of Sangam Solvent Extracts Limited filed with the ROC?

    The most recent Balance Sheet for Sangam Solvent Extracts Limited was filed with the ROC on 31 Mar 2023.

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