Solvay Specialities India Private Limited

Manufactures specialty polymers and houses global R&D center at integrated facility in Gujarat.

2005 | Bharuch, Gujarat (India) | Active
Last Updated: October 24, 2024

Solvay Specialities India Profile

Key Indicators

  • Authorised Capital ₹ 900.00 Cr
  • Paid Up Capital ₹ 454.17 Cr
  • Company Age 19 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.95 M
  • Revenue Growth 18.32%
  • Profit Growth 259.16%
  • Ebitda 34.83%
  • Net Worth 30.87%
  • Total Assets 2.88%

About Solvay Specialities India

Solvay Specialities India Private Limited (SSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 June 2005 and has a history of 19 years and eight months. Its registered office is in Bharuch, Gujarat, India.

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 900.00 Cr and a paid-up capital of Rs 454.17 Cr.

The company currently has active open charges totaling ₹6.95 M.

The Key Managerial Personnel (KMP) at Solvay Specialities India Private Limited India is Sunaina Goraksh as COMPANY SECRETARY. Mukesh Malhotra, Manoj Khullar, Amlanabha Das, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bharuch, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    solvay.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74130GJ2005PTC062544

  • Company No.

    062544

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jun 2005

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Solvay Specialities India Private Limited offer?

Solvay Specialities India Private Limited offers a wide range of products and services, including Chemical Reagents & Catalysts, Inorganic Salts, Zinc salts, PET Granules & Plastic Raw Material, Masterbatches, Organic and Inorganic Solvents, Alcohol Solvents, Metal & Metal Made Products, Nano Powder, Common Disease Medicines.

Who are the key members and board of directors at Solvay Specialities India?

Executive Team (4)

NameDesignationAppointment DateStatus
Mukesh Malhotra Country flag representing In Managing Director01-Apr-2016Current
Manoj Khullar Country flag representing In Managing Director10-Oct-2018Current
Amlanabha Das Country flag representing In Managing Director01-Apr-2015Current
Sunaina Goraksh Country flag representing In Company Secretary07-Oct-2021Current

Board Members (2)

NameDesignationAppointment DateStatus
Neeraj Mishra Country flag representing In Director 20-Dec-2018Current
Mohit Jalote Country flag representing In Director 16-May-2019Current

Financial Performance of Solvay Specialities India.

Solvay Specialities India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.32% increase. The company also saw a substantial improvement in profitability, with a 259.16% increase in profit. The company's net worth Soared by an impressive increase of 30.87%.

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
18.32%
Revenue from Operations
16.63%
Total Assets
2.88%
Profit or Loss
259.16%
Net Worth
30.87%
EBITDA
34.83%

What is the Ownership and Shareholding Structure of Solvay Specialities India?

In 2023, Solvay Specialities India 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

₹0.70 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.70 Cr

Latest Charge Details

DateLenderAmountStatus
16 May 2019Others₹1.52 MOpen
31 Dec 2018Others₹2.02 MOpen
10 Sep 2018Others₹2.01 MOpen
17 Jul 2018Others₹0.90 MOpen
31 Jan 2018Others₹0.50 MOpen

How Many Employees Work at Solvay Specialities India?

Solvay Specialities India has a workforce of 355 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 Solvay Specialities India, 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 Solvay Specialities India'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 Solvay Specialities India

Recent activity within the organization

  • Annual General Meeting

    Solvay Specialities India Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Solvay Specialities India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100262712 was registered on 16 May 2019.

    16 May 2019

  • Director Appointment

    Mohit Jalote was appointed as a Director was appointed as a Director on 16 May 2019 & has been associated with this company since 5 years 9 months .

    16 May 2019

  • Charges

    A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100240058 was registered on 31 Dec 2018.

    31 Dec 2018

  • Director Appointment

    Neeraj Mishra was appointed as a Director was appointed as a Director on 20 Dec 2018 & has been associated with this company since 6 years 2 months .

    20 Dec 2018

Frequently asked questions

  • Solvay Specialities India Private Limited was incorporated on 20 Jun 2005.

  • The authorized share capital of Solvay Specialities India Private Limited is ₹ 900.00 Cr and paid-up capital is ₹ 454.17 Cr.

  • Currently 6 directors are associated with Solvay Specialities India Private Limited.

    • Mukesh Malhotra
    • Manoj Khullar
    • Amlanabha Das
    • Neeraj Mishra
    • Mohit Jalote
    • Sunaina Suryakant Goraksh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solvay Specialities India Private Limited is Plot No.3526/27, Gidc Estate India, Panoli, Gujarat, 394116.

  • The corporate identification number (CIN) of Solvay Specialities India Private Limited is U74130GJ2005PTC062544 and the company number is 062544 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Solvay Specialities India Private Limited is https://www.solvay.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Solvay Specialities India Private Limited has risen by 18.32%.

  • As Per 2023 financial reports, 355 employees are currently employed by Solvay Specialities India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Solvay Specialities India Private Limited has experienced an upsurge of 30.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Solvay Specialities India Private Limited amount to ₹ 6.95 M.

  • The most recent Balance Sheet for Solvay Specialities India Private Limited was filed with the ROC on 31 Mar 2023.

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