Sri Ambika Solvex Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 4.63 Cr
- Company Age 32 Year, 4 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 681.53 Cr
- Satisfied Charges ₹ 122.00 Cr
- Revenue Growth 84.42%
- Profit Growth -20.42%
- Ebitda -701.72%
- Net Worth -15.60%
- Total Assets 11.52%
About Sri Ambika Solvex
Sri Ambika Solvex Limited (SASL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 October 1992 and has a history of 32 years and four months. Its registered office is in Mandsaur, Madhya Pradesh, India.
The Corporate was formerly known as Ambika Solvex Limited. 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 2022. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 4.63 Cr.
The company currently has active open charges totaling ₹681.53 Cr. The company has closed loans amounting to ₹122.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kailash Garg, Arjun Hotwani, and Premlata Garg serve as directors at the Company.
Company Details
- Location
Mandsaur, Madhya Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U15141MP1992PLC007363
- Company No.
007363
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Oct 1992
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Gwalior
Industry
Food and Beverages
Who are the key members and board of directors at Sri Ambika Solvex?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kailash Garg  | Whole-Time Director | 16-Oct-1992 | Current |
| Arjun Hotwani | Whole-Time Director | 16-Oct-1992 | Current |
| Premlata Garg | Whole-Time Director | 01-Sep-2020 | Current |
Financial Performance of Sri Ambika Solvex.
Sri Ambika Solvex Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 84.42% increase. The company also saw a substantial fall in profitability, with a 20.42% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sri Ambika Solvex?
In 2022, Sri Ambika Solvex had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ramkrishna Solvex Private LimitedKailash Garg is a mutual person
Narayan Niryat India Private LimitedKailash Garg is a mutual person
- Bbps Trading Private Limited
Kailash Garg, Arjun Hotwani and 1 more are mutual person
- Bbk Boilers Private Limited
Premlata Garg is a mutual person
- Avalanche Realty Private Limited
Premlata Garg is a mutual person
Charges (Loans)
Open Charges
₹681.53 Cr
Satisfied Charges
₹122.00 Cr
Charges Breakdown by Lending Institutions
- Dena Bank : 219.00 Cr
- State Bank Of India : 205.00 Cr
- Uco Bank (Lead Bank) : 110.50 Cr
- Asset Reconstruction Company (India) Limited : 77.03 Cr
- Central Bank Of India : 70.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Dec 2010 | Uco Bank (Lead Bank) | ₹110.50 Cr | Open |
| 20 Apr 2009 | State Bank Of India | ₹10.00 Cr | Open |
| 20 Apr 2009 | State Bank Of India | ₹195.00 Cr | Open |
| 06 Dec 2008 | Asset Reconstruction Company (India) Limited | ₹3.00 Cr | Open |
| 14 Oct 2008 | Dena Bank | ₹219.00 Cr | Open |
How Many Employees Work at Sri Ambika Solvex?
Sri Ambika Solvex has a workforce of 30 employees as of Apr 04, 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 Sri Ambika Solvex, 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 Sri Ambika Solvex'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.
Latest Updates, News, and FAQs on Sri Ambika Solvex
Recent activity within the organization
- Annual General Meeting
Sri Ambika Solvex Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
- Balance Sheet
Sri Ambika Solvex Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Gwalior.
- Director Appointment
Premlata Devi Garg was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Sep 2020 & has been associated with this company since 4 years 6 months .
- Charges
A charge with Asset Reconstruction Company (India) Limited of Rs. 3.00 Cr registered on 06 Dec 2008 with Charge ID 10136748 was modified on 18 Mar 2014.
- Charges
A charge with Asset Reconstruction Company (India) Limited of Rs. 7.00 Cr registered on 12 Jan 2005 with Charge ID 90209821 was modified on 18 Mar 2014.
- Charges
A charge with Asset Reconstruction Company (India) Limited of Rs. 3.00 Cr registered on 05 Nov 1997 with Charge ID 90208083 was modified on 18 Mar 2014.
Frequently asked questions
What is the Incorporation or founding date of Sri Ambika Solvex Limited?
Sri Ambika Solvex Limited was incorporated on 16 Oct 1992.
What is authorized share capital and paid-up capital of Sri Ambika Solvex Limited?
The authorized share capital of Sri Ambika Solvex Limited is ₹ 6.00 Cr and paid-up capital is ₹ 4.63 Cr.
Who are the current board members & directors of Sri Ambika Solvex Limited?
Currently 3 directors are associated with Sri Ambika Solvex Limited.
- Kailash Chandra Garg
- Arjun Das Hotwani
- Premlata Devi Garg
What is the registered address of Sri Ambika Solvex Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sri Ambika Solvex Limited is 14 Mulla Ji Nohra Ram Mohalla, India, Mandsaur, Madhya Pradesh, 458001.
What is the corporate identification number (CIN) and company number of Sri Ambika Solvex Limited?
The corporate identification number (CIN) of Sri Ambika Solvex Limited is U15141MP1992PLC007363 and the company number is 007363 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sri Ambika Solvex Limited?
The Official website of Sri Ambika Solvex Limited is https://www.ambikagroup.net
What has been the recent revenue trend for Sri Ambika Solvex Limited?
According to the financial reports for the fiscal year 2019, the revenue trend for Sri Ambika Solvex Limited has risen by 84.42%.
How many employees does Sri Ambika Solvex Limited currently have?
As Per 2019 financial reports, 30 employees are currently employed by Sri Ambika Solvex Limited.
What change has been observed in the net worth of Sri Ambika Solvex Limited, and by what percentage?
The financial reports for the fiscal year 2019 indicates that The net worth of Sri Ambika Solvex Limited has experienced an downturn of -15.60%.
What are the total open charges for Sri Ambika Solvex Limited?
As per the financial statements for fiscal Year 2019, The total open charges for Sri Ambika Solvex Limited amount to ₹ 681.53 Cr.
When was the last Balance Sheet of Sri Ambika Solvex Limited filed with the ROC?
The most recent Balance Sheet for Sri Ambika Solvex Limited was filed with the ROC on 31 Mar 2022.
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