Solvex Renewables And Green Energy Private Limited

Converts waste tires into ulterior products, focused on crumb rubbers.

2016 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 18, 2024

Solvex Renewables And Green Energy Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.55 Cr
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.23 Cr
  • Revenue Growth 179.64%
  • Profit Growth -62.91%
  • Ebitda -71.85%
  • Net Worth 477.16%
  • Total Assets 72.88%

About Solvex Renewables And Green Energy

Solvex Renewables And Green Energy Private Limited (SRAGEPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 February 2016 (Eight years and 11 months 17 days old ). Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Environment 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 2.00 Cr and a paid-up capital of Rs 1.55 Cr.

The company currently has active open charges totaling ₹1.23 Cr.

Meenakshi, Subramanian, and Subramanian Vinay serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U37200TN2016PTC104272

  • Company No.

    104272

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Feb 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Environment

Who are the key members and board of directors at Solvex Renewables And Green Energy?

Executive Team (1)

Name Designation Appointment Date Status
Subramanian Vinay Country flag representing In Managing Director 22-Feb-2016 Current

Board Members (2)

Name Designation Appointment Date Status
Meenakshi Country flag representing In Director 22-Feb-2016 Current
Subramanian Country flag representing In Director 22-Feb-2016 Current

Financial Performance of Solvex Renewables And Green Energy.

Solvex Renewables And Green Energy Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 179.64% increase. The company also saw a substantial fall in profitability, with a 62.91% decrease in profit. The company's net worth Soared by an impressive increase of 477.16%.

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
179.64%
Revenue from Operations
175.61%
Total Assets
72.88%
Profit or Loss
-62.91%
Net Worth
477.16%
EBITDA
-71.85%

What is the Ownership and Shareholding Structure of Solvex Renewables And Green Energy?

In 2023, Solvex Renewables And Green Energy 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

₹1.23 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.23 Cr

Latest Charge Details

Date Lender Amount Status
15 Nov 2022 State Bank Of India ₹4.00 M Open
03 Jun 2020 State Bank Of India ₹8.26 M Open

How Many Employees Work at Solvex Renewables And Green Energy?

Unlock and access historical data on people associated with Solvex Renewables And Green Energy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solvex Renewables And Green Energy, 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 Solvex Renewables And Green Energy'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 Solvex Renewables And Green Energy

Recent activity within the organization

  • Annual General Meeting

    Solvex Renewables And Green Energy Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Solvex Renewables And Green Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.40 Cr with Charge ID 100627289 was registered on 15 Nov 2022.

    15 Nov 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.83 Cr with Charge ID 100397191 was registered on 03 Jun 2020.

    03 Jun 2020

  • Director Appointment

    Meenakshi was appointed as a Director was appointed as a Director on 22 Feb 2016 & has been associated with this company since 8 years 11 months .

    22 Feb 2016

  • Director Appointment

    Subramanian was appointed as a Director was appointed as a Director on 22 Feb 2016 & has been associated with this company since 8 years 11 months .

    22 Feb 2016

Frequently asked questions

  • Solvex Renewables And Green Energy Private Limited was incorporated on 22 Feb 2016.

  • The authorized share capital of Solvex Renewables And Green Energy Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.55 Cr.

  • Currently 3 directors are associated with Solvex Renewables And Green Energy Private Limited.

    • Meenakshi
    • Subramanian
    • Subramanian Vinay
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solvex Renewables And Green Energy Private Limited is No.68 Sripuram Street Addison Nagar (Kattupakkam) Mangadu, Chennai, Tamil Nadu, India, 600122.

  • The corporate identification number (CIN) of Solvex Renewables And Green Energy Private Limited is U37200TN2016PTC104272 and the company number is 104272 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Solvex Renewables And Green Energy Private Limited is https://www.solvex-renewables-and-green-energy-private-limited.business.site

  • According to the financial reports for the fiscal year 2023, the revenue trend for Solvex Renewables And Green Energy Private Limited has risen by 179.64%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Solvex Renewables And Green Energy Private Limited has experienced an upsurge of 477.16%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Solvex Renewables And Green Energy Private Limited amount to ₹ 1.23 Cr.

  • The most recent Balance Sheet for Solvex Renewables And Green Energy Private Limited was filed with the ROC on 31 Mar 2023.