Sri Varalakshmi Solvent Oils Private Limited

Manufacturer of rice bran and crude oil using solvent extraction process.

2008 | Srikakulam, Andhra Pradesh (India) | Active
Last Updated:

Sri Varalakshmi Solvent Oils Profile

Key Indicators

  • Authorised Capital ₹ 6.50 Cr
  • Paid Up Capital ₹ 4.92 Cr
  • Company Age 16 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.60 Cr
  • Satisfied Charges ₹ 16.50 Cr
  • Revenue Growth 33.51%
  • Profit Growth 117.31%
  • Ebitda -3.17%
  • Net Worth 3.03%
  • Total Assets 13.57%

About Sri Varalakshmi Solvent Oils

Sri Varalakshmi Solvent Oils Private Limited (SVSOPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 July 2008 and has a history of 16 years and seven months. Its registered office is in Srikakulam, Andhra Pradesh, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 6.50 Cr and a paid-up capital of Rs 4.92 Cr.

The company currently has active open charges totaling ₹11.60 Cr. The company has closed loans amounting to ₹16.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Visweswara Boyina, Venkateswara Boyina, Sankara Boyina, and One other member serve as directors at the Company.

Company Details

  • Location

    Srikakulam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15142AP2008PTC060259

  • Company No.

    060259

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jul 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Food and Beverages

Who are the key members and board of directors at Sri Varalakshmi Solvent Oils?

Executive Team (1)

NameDesignationAppointment DateStatus
Visweswara Boyina Country flag representing In Managing Director23-Jul-2008Current

Board Members (3)

NameDesignationAppointment DateStatus
Venkateswara Boyina Country flag representing In Director 23-Jul-2008Current
Sankara Boyina Country flag representing In Director 23-Jul-2008Current
Santosh Boyina Country flag representing In Director 10-Jun-2015Current

Financial Performance of Sri Varalakshmi Solvent Oils.

Sri Varalakshmi Solvent Oils Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 33.51% increase. The company also saw a substantial improvement in profitability, with a 117.31% increase in profit. The company's net worth moved up by a moderate rise of 3.03%.

Sri Varalakshmi Solvent Oils revenue growth over time
Sri Varalakshmi Solvent Oils 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
33.51%
Revenue from Operations
33.53%
Total Assets
13.57%
Profit or Loss
117.31%
Net Worth
3.03%
EBITDA
-3.17%

What is the Ownership and Shareholding Structure of Sri Varalakshmi Solvent Oils?

In 2022, Sri Varalakshmi Solvent Oils 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

₹11.60 Cr

Satisfied Charges

₹16.50 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 11.60 Cr

Latest Charge Details

DateLenderAmountStatus
19 Mar 2024Hdfc Bank Limited₹1.00 MOpen
09 Oct 2019Hdfc Bank Limited₹11.50 CrOpen
29 Jan 2014Others₹10.00 CrSatisfied
16 Sep 2010State Bank Of India₹6.50 CrSatisfied

How Many Employees Work at Sri Varalakshmi Solvent Oils?

Sri Varalakshmi Solvent Oils has a workforce of 15 employees as of Apr 08, 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.

Employee growth trends for Sri Varalakshmi Solvent Oils Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sri Varalakshmi Solvent Oils, 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 Varalakshmi Solvent Oils'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 Sri Varalakshmi Solvent Oils

Recent activity within the organization

  • Annual General Meeting

    Sri Varalakshmi Solvent Oils Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Sri Varalakshmi Solvent Oils Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100928849 was registered on 19 Mar 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 11.50 Cr registered on 09 Oct 2019 with Charge ID 100298585 was modified on 29 Sep 2023.

  • Charges

    A charge registered on 29 Jan 2014 via Charge ID 10490407 with Others was fully satisfied on 06 Jan 2020.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 11.50 Cr with Charge ID 100298585 was registered on 09 Oct 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Sri Varalakshmi Solvent Oils Private Limited?

    Sri Varalakshmi Solvent Oils Private Limited was incorporated on 23 Jul 2008.

  • What is authorized share capital and paid-up capital of Sri Varalakshmi Solvent Oils Private Limited?

    The authorized share capital of Sri Varalakshmi Solvent Oils Private Limited is ₹ 6.50 Cr and paid-up capital is ₹ 4.92 Cr.

  • Who are the current board members & directors of Sri Varalakshmi Solvent Oils Private Limited?

    Currently 4 directors are associated with Sri Varalakshmi Solvent Oils Private Limited.

    • Visweswara Rao Boyina
    • Venkateswara Rao Boyina
    • Sankara Rao Boyina
    • Santosh Boyina

  • What is the registered address of Sri Varalakshmi Solvent Oils Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sri Varalakshmi Solvent Oils Private Limited is Anandapuram Village, Narasapuram Panchayat India, Santhabommali, Andhra Pradesh, 532195.

  • What is the corporate identification number (CIN) and company number of Sri Varalakshmi Solvent Oils Private Limited?

    The corporate identification number (CIN) of Sri Varalakshmi Solvent Oils Private Limited is U15142AP2008PTC060259 and the company number is 060259 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Sri Varalakshmi Solvent Oils Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Sri Varalakshmi Solvent Oils Private Limited has risen by 33.51%.

  • How many employees does Sri Varalakshmi Solvent Oils Private Limited currently have?

    As Per 2022 financial reports, 15 employees are currently employed by Sri Varalakshmi Solvent Oils Private Limited.

  • What change has been observed in the net worth of Sri Varalakshmi Solvent Oils Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Sri Varalakshmi Solvent Oils Private Limited has experienced an upsurge of 3.03%.

  • What are the total open charges for Sri Varalakshmi Solvent Oils Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Sri Varalakshmi Solvent Oils Private Limited amount to ₹ 11.60 Cr.

  • When was the last Balance Sheet of Sri Varalakshmi Solvent Oils Private Limited filed with the ROC?

    The most recent Balance Sheet for Sri Varalakshmi Solvent Oils Private Limited was filed with the ROC on 31 Mar 2024.

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