Vijay Solvex Limited

Manufacturer and marketer of edible oils and vanaspati ghee with multiple production facilities and well-known brands.

1987 | Alwar, Rajasthan (India) | Active
Last Updated: December 12, 2024

Vijay Solvex Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.20 Cr
  • Company Age 37 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 70.00 Cr
  • Satisfied Charges ₹ 197.13 Cr
  • Revenue Growth 31.22%
  • Profit Growth -15.75%
  • Ebitda -8.65%
  • Net Worth 25.81%
  • Total Assets 19.77%

About Vijay Solvex

Vijay Solvex Limited (VSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 December 1987 and has a history of 37 years and one month. Its registered office is in Alwar, Rajasthan, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531069.

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 5.00 Cr and a paid-up capital of Rs 3.20 Cr.

The company currently has active open charges totaling ₹70.00 Cr. The company has closed loans amounting to ₹197.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vijay Solvex Limited India are Jay Lodha as COMPANY SECRETARY and Shri Kukreja as Cfo. Saurabh Data, Vijay Data, Daya Data, and Five other members serve as directors at the Company.

Company Details

  • Location

    Alwar, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vijaysolvex.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L15142RJ1987PLC004232

  • Company No.

    004232

  • Stock Symbol

    BSE : 531069

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Dec 1987

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Jaipur

Industry

Food and Beverages
Energy and Power
Environment
Home & Lifestyle

What products or services does Vijay Solvex Limited offer?

Vijay Solvex Limited offers a wide range of products and services, including Edible Oil & Allied Products, Cooking Oil, Mustard Oil, Kachi Ghani Mustard Oil, Vanaspati Ghee, Refined Oil, Oil Mill & Oil Extraction Machinery, Oil Production Plant, Soybean Refined Oil.

Who are the key members and board of directors at Vijay Solvex?

Executive Team (3)

NameDesignationAppointment DateStatus
Vijay Data Country flag representing In Managing Director29-Dec-1987Current
Jay Lodha Country flag representing In Company Secretary01-Aug-2012Current
Shri Kukreja Country flag representing In CFO14-Aug-2014Current

Board Members (7)

NameDesignationAppointment DateStatus
Pallavi Sharma Country flag representing In Director 23-Jul-2021Current
Saurabh Data Country flag representing In Director 14-Aug-2021Current
Daya Data Country flag representing In Whole-Time Director 29-Dec-1987Current
Ram Mahawar Country flag representing In Director 13-Aug-2022Current
Vineet Jain Country flag representing In Director 13-Aug-2022Current
Sachin Gupta Country flag representing In Director 13-Aug-2022Current

Financial Performance of Vijay Solvex.

Vijay Solvex Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 31.22% increase. The company also saw a substantial fall in profitability, with a 15.75% decrease in profit. The company's net worth Soared by an impressive increase of 25.81%.

Graph illustrating revenue growth over time
Graph showing 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
31.22%
Revenue from Operations
31.21%
Total Assets
19.77%
Profit or Loss
-15.75%
Net Worth
25.81%
EBITDA
-8.65%

What is the Ownership and Shareholding Structure of Vijay Solvex?

In 2023, Vijay Solvex had a promoter holding of 66.79% and a public holding of 33.21%. The company had 6 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹70.00 Cr

Satisfied Charges

₹197.13 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 60.00 Cr
  • State Bank Of India : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Apr 2022Hdfc Bank Limited₹60.00 CrOpen
06 Jul 1993State Bank Of India₹10.00 CrOpen
20 Jun 2023State Bank Of India₹22.50 CrSatisfied
17 Oct 2020State Bank Of India₹36.00 CrSatisfied
17 Sep 2020State Bank Of India₹8.50 CrSatisfied

How Many Employees Work at Vijay Solvex?

Vijay Solvex has a workforce of 347 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vijay 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 Vijay Solvex'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 Vijay Solvex

Recent activity within the organization

  • Annual General Meeting

    Vijay Solvex Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with State Bank Of India of Rs. 10.00 Cr registered on 06 Jul 1993 with Charge ID 80002027 was modified on 05 Jun 2024.

    05 Jun 2024

  • Charges

    A charge registered on 20 Jun 2023 via Charge ID 100735546 with State Bank Of India was fully satisfied on 10 Apr 2024.

    10 Apr 2024

  • Balance Sheet

    Vijay Solvex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 22.50 Cr with Charge ID 100735546 was registered on 20 Jun 2023.

    20 Jun 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 60.00 Cr registered on 12 Apr 2022 with Charge ID 100567990 was modified on 15 Mar 2023.

    15 Mar 2023

Frequently asked questions

  • Vijay Solvex Limited was incorporated on 29 Dec 1987.

  • The authorized share capital of Vijay Solvex Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.20 Cr.

  • Currently 10 directors are associated with Vijay Solvex Limited.

    • Saurabh Data
    • Vijay Data
    • Daya Kishan Data
    • Ram Prakash Mahawar
    • Pallavi Sharma
    • Vineet Jain
    • Sachin Gupta
    • Manish Jain
    • Jay Prakash Lodha
    • Shri Shanker Kukreja
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vijay Solvex Limited is Bhagwati Sadan Swami Dayanandmarg Station Road, India, Alwar, Rajasthan, 301001.

  • The corporate identification number (CIN) of Vijay Solvex Limited is L15142RJ1987PLC004232 and the company number is 004232 as per Ministry of Corporate Affairs (MCA).

  • Yes, Vijay Solvex Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Vijay Solvex Limited is https://www.vijaysolvex.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Vijay Solvex Limited has risen by 31.22%.

  • As Per 2022 financial reports, 347 employees are currently employed by Vijay Solvex Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Vijay Solvex Limited has experienced an upsurge of 25.81%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Vijay Solvex Limited amount to ₹ 70.00 Cr.

  • The most recent Balance Sheet for Vijay Solvex Limited was filed with the ROC on 31 Mar 2024.

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