Solvo-Chem (India) Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 23 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 8.18 M
- Satisfied Charges ₹ 1.53 Cr
- Revenue Growth 15.22%
- Profit Growth 29.30%
- Ebitda -133.27%
- Net Worth 0.85%
- Total Assets -41.27%
About Solvo-Chem (India)
Solvo-Chem (India) Private Limited (SIPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 November 2001 and has a history of 23 years and three months. Its registered office is in Nashik, Maharashtra, India.
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 0.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹8.18 M. The company has closed loans amounting to ₹1.53 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pallavi Gaidhani and Sameer Gaidhani serve as directors at the Company.
Company Details
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Location
Nashik, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U51496MH2001PTC133904
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Company No.
133904
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
08 Nov 2001
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Solvo-Chem (India) Private Limited offer?
Solvo-Chem (India) Private Limited offers a wide range of products and services, including Aromatic Hydrocarbon Solvent, Toluene, Paints, Wall Putty & Varnishes, Paint Thinners, Carboxylate Esters, Ethyl Acetate, Dyes & Color Additives, Paint Additives, Ketones, Methyl Ethyl Ketone MEK.
Who are the key members and board of directors at Solvo-Chem (India)?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sameer Gaidhani
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Director | 08-Nov-2001 | Current |
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Pallavi Gaidhani
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Director | 02-Aug-2012 | Current |
Financial Performance of Solvo-Chem (India).
Solvo-Chem (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 15.22% increase. The company also saw a substantial improvement in profitability, with a 29.3% increase in profit. The company's net worth moved up by a moderate rise of 0.85%.
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What is the Ownership and Shareholding Structure of Solvo-Chem (India)?
In 2021, Solvo-Chem (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.
Charges (Loans)
₹8.18 M
₹15.32 M
Charges Breakdown by Lending Institutions
- Bank Of Maharashtra : 0.75 Cr
- Axis Bank Limited : 0.07 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jun 2021 | Axis Bank Limited | ₹0.68 M | Open |
| 02 Dec 2013 | Bank Of Maharashtra | ₹7.50 M | Open |
| 25 Apr 2011 | The Nasik Merchants Co-Operative Bank Ltd | ₹2.82 M | Satisfied |
| 10 Jun 2003 | State Bank Of India | ₹1.25 Cr | Satisfied |
How Many Employees Work at Solvo-Chem (India)?
Unlock and access historical data on people associated with Solvo-Chem (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Solvo-Chem (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 Solvo-Chem (India)'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.
