Vardhman Solvent Extraction Industries Ltd

Trading edible oil since 1978, with registered office in Kolkata, West Bengal.

1978 | Kolkata, West Bengal (India) | Active
Last Updated:

Vardhman Solvent Extraction Industries Profile

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 3.74 Cr
  • Company Age 47 Year, 9 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.48 Cr
  • Satisfied Charges ₹ 15.00 Cr
  • Revenue Growth 12.67%
  • Profit Growth 58.04%
  • Ebitda 8.54%
  • Net Worth 34.56%
  • Total Assets 21.08%

About Vardhman Solvent Extraction Industries

Vardhman Solvent Extraction Industries Ltd (VSEIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 March 1978 and has a history of 47 years. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Vardhman Exports Private 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 2023. It's a company limited by shares with an authorized capital of Rs 18.00 Cr and a paid-up capital of Rs 3.74 Cr.

The company currently has active open charges totaling ₹20.48 Cr. The company has closed loans amounting to ₹15.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kamalkumar Paliwal, Karmesh Meritia, Lalit Vyas, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51396WB1978PLC031392

  • Company No.

    031392

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Mar 1978

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Food and Beverages

Who are the key members and board of directors at Vardhman Solvent Extraction Industries?

Board Members (4)

NameDesignationAppointment DateStatus
Kamalkumar Paliwal Country flag representing In Director 30-Sep-2013Current
Karmesh Meritia Country flag representing In Director 18-Dec-2021Current
Lalit Vyas Country flag representing In Additional Director 07-Sep-2023Current
Ayushi Mishra Director 10-Feb-2024Current

Financial Performance of Vardhman Solvent Extraction Industries.

Vardhman Solvent Extraction Industries Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 12.67% increase. The company also saw a substantial improvement in profitability, with a 58.04% increase in profit. The company's net worth Soared by an impressive increase of 34.56%.

Vardhman Solvent Extraction Industries revenue growth over time
Vardhman Solvent Extraction Industries 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
12.67%
Revenue from Operations
12.57%
Total Assets
21.08%
Profit or Loss
58.04%
Net Worth
34.56%
EBITDA
8.54%

What is the Ownership and Shareholding Structure of Vardhman Solvent Extraction Industries?

In 2023, Vardhman Solvent Extraction Industries had a promoter holding of 18.04% and a public holding of 81.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.48 Cr

Satisfied Charges

₹15.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 15.43 Cr
  • Axis Bank Limited : 5.05 Cr

Latest Charge Details

DateLenderAmountStatus
15 Mar 2023Axis Bank Limited₹0.45 MOpen
21 Nov 2022Hdfc Bank Limited₹1.09 MOpen
08 Sep 2021Hdfc Bank Limited₹15.00 CrOpen
21 Oct 2020Hdfc Bank Limited₹1.24 MOpen
21 Oct 2020Hdfc Bank Limited₹1.99 MOpen

How Many Employees Work at Vardhman Solvent Extraction Industries?

Unlock and access historical data on people associated with Vardhman Solvent Extraction Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Vardhman Solvent Extraction Industries Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vardhman Solvent Extraction Industries, 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 Vardhman Solvent Extraction Industries'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 Vardhman Solvent Extraction Industries

Recent activity within the organization

  • Director Appointment

    Ayushi Mishra was appointed as a Director was appointed as a Director on 10 Feb 2024 & has been associated with this company since 1 year 1 month .

  • Annual General Meeting

    Vardhman Solvent Extraction Industries Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Director Appointment

    Lalit Kumar Vyas was appointed as a Additional Director was appointed as a Additional Director on 07 Sep 2023 & has been associated with this company since 1 year 6 months .

  • Balance Sheet

    Vardhman Solvent Extraction Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.05 Cr with Charge ID 100696527 was registered on 15 Mar 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100655428 was registered on 21 Nov 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Vardhman Solvent Extraction Industries Ltd?

    Vardhman Solvent Extraction Industries Ltd was incorporated on 20 Mar 1978.

  • What is authorized share capital and paid-up capital of Vardhman Solvent Extraction Industries Ltd?

    The authorized share capital of Vardhman Solvent Extraction Industries Ltd is ₹ 18.00 Cr and paid-up capital is ₹ 3.74 Cr.

  • Who are the current board members & directors of Vardhman Solvent Extraction Industries Ltd?

    Currently 4 directors are associated with Vardhman Solvent Extraction Industries Ltd.

    • Kamalkumar Paliwal
    • Karmesh Sankalp Meritia
    • Lalit Kumar Vyas
    • Ayushi Mishra

  • What is the registered address of Vardhman Solvent Extraction Industries Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vardhman Solvent Extraction Industries Ltd is 1A Devendra Lal Khan Rd, Kolkata, West Bengal, India, 700027.

  • What is the corporate identification number (CIN) and company number of Vardhman Solvent Extraction Industries Ltd?

    The corporate identification number (CIN) of Vardhman Solvent Extraction Industries Ltd is U51396WB1978PLC031392 and the company number is 031392 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Vardhman Solvent Extraction Industries Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vardhman Solvent Extraction Industries Ltd has risen by 12.67%.

  • What change has been observed in the net worth of Vardhman Solvent Extraction Industries Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Vardhman Solvent Extraction Industries Ltd has experienced an upsurge of 34.56%.

  • What are the total open charges for Vardhman Solvent Extraction Industries Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Vardhman Solvent Extraction Industries Ltd amount to ₹ 20.48 Cr.

  • When was the last Balance Sheet of Vardhman Solvent Extraction Industries Ltd filed with the ROC?

    The most recent Balance Sheet for Vardhman Solvent Extraction Industries Ltd was filed with the ROC on 31 Mar 2023.

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