Soltex Petro Products Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 4.99 Cr
as on 16-11-2024
- Company Age 32 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 196.31 Cr
as on 16-11-2024
- Satisfied Charges ₹ 31.25 Cr
as on 16-11-2024
- Revenue -8.40%
(FY 2023)
- Profit -28.46%
(FY 2023)
- Ebitda -12.62%
(FY 2023)
- Net Worth 5.55%
(FY 2023)
- Total Assets 4.06%
(FY 2023)
About Soltex Petro Products
The Company is engaged in the Manufacturing 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 5.00 Cr and a paid-up capital of Rs 4.99 Cr.
The company currently has active open charges totaling ₹196.31 Cr. The company has closed loans amounting to ₹31.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rita Chadha, Geet Naresh, Rakesh Bhatia, and One other member serve as directors at the Company.
- CIN/LLPIN
U99999MH1992PLC067460
- Company No.
067460
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Jun 1992
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Soltex Petro Products Ltd. offer?
Soltex Petro Products Ltd. offers a wide range of products and services, including PET Granules & Plastic Raw Material, Plastic Polymers, Industrial Chemicals & Supplies, Plastic Chemicals, Masterbatches, Laboratory Glass Components, Color Masterbatches, Black Masterbatches, Nylon Granule, Additive Masterbatches.
Who are the key members and board of directors at Soltex Petro Products?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Geet Naresh  | Whole-Time Director | 01-Jan-2011 | Current |
| Rita Chadha | Whole-Time Director | 28-Mar-1997 | Current |
| Rakesh Bhatia | Director | 05-Dec-2018 | Current |
| Anil Bhasin | Director | 01-Nov-2007 | Current |
Financial Performance of Soltex Petro Products.
Soltex Petro Products Ltd., for the financial year ended 2023, experienced Minor drop in revenue, with a 8.4% decrease. The company also saw a substantial fall in profitability, with a 28.46% decrease in profit. The company's net worth moved up by a moderate rise of 5.55%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Soltex Petro Products?
In 2023, Soltex Petro Products had a promoter holding of 68.26% and a public holding of 31.74%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Soltex Multiplast Private LimitedActive 19 years 5 months
Rita Chadha and Geet Naresh are mutual person
- Supreme Maxfills Private LimitedActive 19 years 3 months
Rita Chadha and Geet Naresh are mutual person
- Sidhi Vinayak Polymers Private LimitedActive 17 years 2 months
Rita Chadha and Geet Naresh are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 26 Sep 2024 | ₹3.00 Cr | Open |
Others Creation Date: 26 Oct 2021 | ₹6.00 Cr | Open |
Axis Bank Limited Creation Date: 26 Oct 2021 | ₹9.00 Cr | Open |
How Many Employees Work at Soltex Petro Products?
Soltex Petro Products has a workforce of 189 employees as of Apr 06, 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 Soltex Petro Products, 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 Soltex Petro Products'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.
