Swastik Solvent Products(India) Limited

Produces and sells rice bran oil and mustard oil since 1975.

1975 | Delhi, Delhi (India) | Active
Last Updated:

Swastik Solvent Products(India) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.85 M
  • Company Age 49 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 39.69 Cr
  • Satisfied Charges ₹ 3.14 Cr
  • Revenue Growth -10.65%
  • Profit Growth -60.05%
  • Ebitda -52.81%
  • Net Worth 10.22%
  • Total Assets 5.90%

About Swastik Solvent Products(India)

Swastik Solvent Products(India) Limited (SSPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 September 1975 and has a history of 49 years and five months. Its registered office is in Delhi, Delhi, 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.85 M.

The company currently has active open charges totaling ₹39.69 Cr. The company has closed loans amounting to ₹3.14 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vikram Mittal, Rahul Mittal, Sanjay Agarwal, and Five other members serve as directors at the Company.

Company Details

  • Location

    Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15143DL1975PLC007915

  • Company No.

    007915

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Sep 1975

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Food and Beverages

Who are the key members and board of directors at Swastik Solvent Products(India)?

Board Members (8)

NameDesignationAppointment DateStatus
Vikram Mittal Country flag representing In Director 01-Dec-2005Current
Rahul Mittal Country flag representing In Director 07-Feb-1992Current
Sanjay Agarwal Country flag representing In Director 02-Jan-2006Current
Ajay Agrawal Country flag representing In Director 02-Jan-2006Current
Naman Mittal Country flag representing In Director 21-Aug-2020Current
Sandeep Sehgal Country flag representing In Director 07-Nov-2016Current

Financial Performance of Swastik Solvent Products(India).

Swastik Solvent Products(India) Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.65% decrease. The company also saw a substantial fall in profitability, with a 60.05% decrease in profit. The company's net worth Soared by an impressive increase of 10.22%.

Swastik Solvent Products(India) revenue growth over time
Swastik Solvent Products(India) 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
-10.65%
Revenue from Operations
-10.63%
Total Assets
5.90%
Profit or Loss
-60.05%
Net Worth
10.22%
EBITDA
-52.81%

What is the Ownership and Shareholding Structure of Swastik Solvent Products(India)?

In 2023, Swastik Solvent Products(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

₹396.91 M

Satisfied Charges

₹31.40 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 39.69 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jan 2021Hdfc Bank Limited₹1.91 MOpen
12 May 2008Hdfc Bank Limited₹19.75 CrOpen
12 Mar 2008Hdfc Bank Limited₹19.75 CrOpen
19 Mar 1990State Bank Of India₹0.50 MSatisfied
28 Dec 1987State Bank Of India₹3.09 CrSatisfied

How Many Employees Work at Swastik Solvent Products(India)?

Swastik Solvent Products(India) has a workforce of 30 employees as of Apr 03, 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 Swastik Solvent Products(India) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Swastik Solvent Products(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 Swastik Solvent Products(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 Swastik Solvent Products(India)

Recent activity within the organization

  • Annual General Meeting

    Swastik Solvent Products(India) Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Swastik Solvent Products(India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 197.50 M registered on 12 May 2008 with Charge ID 10106208 was modified on 15 May 2021.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 197.50 M registered on 12 Mar 2008 with Charge ID 10103954 was modified on 15 May 2021.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.91 M with Charge ID 100432448 was registered on 29 Jan 2021.

  • Director Appointment

    Sandeep Sehgal was appointed as a Director was appointed as a Director on 07 Nov 2016 & has been associated with this company since 8 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Swastik Solvent Products(India) Limited?

    Swastik Solvent Products(India) Limited was incorporated on 23 Sep 1975.

  • What is authorized share capital and paid-up capital of Swastik Solvent Products(India) Limited?

    The authorized share capital of Swastik Solvent Products(India) Limited is ₹ 5.00 M and paid-up capital is ₹ 3.85 M.

  • Who are the current board members & directors of Swastik Solvent Products(India) Limited?

    Currently 8 directors are associated with Swastik Solvent Products(India) Limited.

    • Vikram Mittal
    • Rahul Mittal
    • Sanjay Agarwal
    • Ajay Agrawal
    • Naman Mittal
    • Sandeep Sehgal
    • Angad Singh
    • Ram Prakash Agrawal

  • What is the registered address of Swastik Solvent Products(India) Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Swastik Solvent Products(India) Limited is 4057 Room No. 106 First Floor Radhey Shyam Chambers Naya Bazar, Delhi, India, 110006.

  • What is the corporate identification number (CIN) and company number of Swastik Solvent Products(India) Limited?

    The corporate identification number (CIN) of Swastik Solvent Products(India) Limited is U15143DL1975PLC007915 and the company number is 007915 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Swastik Solvent Products(India) Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Swastik Solvent Products(India) Limited has fallen by -10.65%.

  • How many employees does Swastik Solvent Products(India) Limited currently have?

    As Per 2023 financial reports, 30 employees are currently employed by Swastik Solvent Products(India) Limited.

  • What change has been observed in the net worth of Swastik Solvent Products(India) Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Swastik Solvent Products(India) Limited has experienced an upsurge of 10.22%.

  • What are the total open charges for Swastik Solvent Products(India) Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Swastik Solvent Products(India) Limited amount to ₹ 39.69 Cr.

  • When was the last Balance Sheet of Swastik Solvent Products(India) Limited filed with the ROC?

    The most recent Balance Sheet for Swastik Solvent Products(India) Limited was filed with the ROC on 31 Mar 2023.

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