Abhay Solvents Private Limited - Company Profile

It is a chemicals and materials private limited company based in Bangalore, Karnataka, India, established in 1993.
1993 Bangalore, Karnataka, India Active
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About Abhay Solvents Private Limited

Abhay Solvents Private Limited, a active private limited company, was established on 27 December 1993 in Bangalore, Karnataka, India. Engaging in solvent & oil extraction tech within the manufacturing sector, it holds CIN: U00211KA1993PTC015076. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹3.50 Cr and a paid-up capital of ₹3.50 Cr.

It upholds a compliant status. Employing 51 professional, Its leadership includes Mahaveer Mehta (Director), Abhaykumar Manikchandji Mehta (Whole-Time Director), Hemanthkumar Abhaykumar Mehta (Managing Director). Past directors included Abhaykumar Manikchandji Mehta, Hemanthkumar Abhaykumar Mehta, Praveenkumar Abhaykumar Mehta. It holds ₹63.20 Cr open charges and ₹2.00 Cr settled loans. Its latest AGM occurred on 06 March 2024, with the balance sheet filed on 31 March 2023. It is based at Mantrigreensa-004,No.1,Sampigeroadmalleswaram, Bangalore, Karnataka, 560003.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U00211KA1993PTC015076

  • Registration Number

    015076

  • Incorporation Date

    27 December 1993

  • Authorized Capital

    ₹3.50 Cr

  • Paid-Up Capital

    ₹3.50 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.50 Cr
  • Company Age 32 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 63.20 Cr
  • Satisfied Charges ₹ 2.00 Cr
  • Revenue Growth **** 52.61%
  • Profit Growth **** 36.44%
  • Ebitda **** 19.80%
  • Net Worth 7.46%
  • Total Assets **** 14.49%
Company report

Abhay Solvents Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Abhay Solvents Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Abhay Solvents Private Limited?
Current Directors
Name Designation Appointment Date Status
Mahaveer Mehta Director 20 Mar 1995 Current
Abhaykumar Manikchandji Mehta Whole-Time Director 27 Dec 1993 Current
Hemanthkumar Abhaykumar Mehta Managing Director 27 Dec 1993 Current
Praveenkumar Abhaykumar Mehta Whole-Time Director 27 Dec 1993 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Sep 2011 Past
Pramod Abcsdd Director 01 Sep 2011 Past
Pramod Abcsdd Director 01 Sep 2011 Past

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Financial Performance of Abhay Solvents.

Abhay Solvents Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 52.61% increase. The company also saw a substantial improvement in profitability, with a 36.44% increase in profit. The company's net worth moved up by a moderate rise of 7.46%.

Abhay Solvents revenue growth over time
Abhay Solvents profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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
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52.61%
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Revenue from Operations
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52.71%
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Total Assets
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14.49%
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Profit or Loss
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36.44%
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Net Worth
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7.46%
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EBITDA
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19.80%
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What is the Ownership and Shareholding Structure of Abhay Solvents?

In 2023, Abhay Solvents had a promoter holding of 29.38% and a public holding of 70.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹632,049,699.00

Satisfied Charges

₹20,000,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 60.78 Cr
  • Hdfc Bank Limited : 2.42 Cr
Latest Charge Details
Date Lender Amount Status
03 Sep 2025 Hdfc Bank Limited ₹1.55 Cr Open
21 Jun 2025 Hdfc Bank Limited ₹8.77 M Open
13 Oct 2020 State Bank Of India ₹3.13 Cr Open
15 Feb 2005 State Bank Of India ₹57.65 Cr Open
10 Nov 2005 Karnataka State Financal Corporation ₹1.50 Cr Satisfied

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How Many Employees Work at Abhay Solvents?

Abhay Solvents has a workforce of 51 employees as of Apr 09, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abhay Solvents, 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 Abhay Solvents'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.

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Latest Updates, News, and FAQs on Abhay Solvents
Recent Activity within the Organization
  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.55 Cr with Charge ID 101164391 was registered on 03 Sep 2025. was recorded as a recent event.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.88 Cr with Charge ID 101125085 was registered on 21 Jun 2025. was completed.

  • Charges

    The activity A charge with State Bank Of India of Rs. 57.65 Cr registered on 15 Feb 2005 with Charge ID 80043700 was modified on 30 Mar 2024. was completed.

  • Annual General Meeting

    Abhay Solvents Private Limited last Annual general meeting of members was held on 06 Mar 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Abhay Solvents Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore. was recorded as a recent event.

  • Charges

    The activity A charge with State Bank Of India amounted to Rs. 3.13 Cr with Charge ID 100386123 was registered on 13 Oct 2020. was completed.

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Frequently Asked Questions
What is the CIN of Abhay Solvents Private Limited?

The CIN of Abhay Solvents Private Limited is U00211KA1993PTC015076.

Where is Abhay Solvents Private Limited headquartered?

Abhay Solvents Private Limited is headquartered at Mantrigreensa-004,No.1,Sampigeroadmalleswaram, Bangalore, Karnataka, 560003.

When was Abhay Solvents Private Limited incorporated?

Abhay Solvents Private Limited was incorporated on 27 December 1993.

Who are the current directors of Abhay Solvents Private Limited?
What is the primary industry of Abhay Solvents Private Limited?

The primary industry of Abhay Solvents Private Limited is Manufacturing.

Is Abhay Solvents Private Limited a listed company?

Abhay Solvents Private Limited is unlisted.

What is the capital structure of Abhay Solvents Private Limited?

The authorized capital of Abhay Solvents Private Limited is ₹3.50 Cr, and the paid-up capital is ₹3.50 Cr.

What is the compliance status of Abhay Solvents Private Limited?

The compliance status of Abhay Solvents Private Limited is Compliant.

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