Classic Solvents Pvt Ltd - Company Profile

It is a chemicals and materials private limited company based in Mumbai, Maharashtra, India, established in 1984.
1984 Mumbai, Maharashtra, India Active
Last Updated:
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About Classic Solvents Pvt Ltd

Classic Solvents Pvt Ltd, a active private limited company, was established on 13 September 1984 in Mumbai, Maharashtra, India. Engaging in chemical distribution & retail within the trade sector, it holds CIN: U29120MH1984PTC034006. Registered under ROC Roc Mumbai I. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹6.50 M.

It upholds a compliant status. Employing 11 professional, Its leadership includes Krushn Dhiren Bhuta (Director), Beena Dhiren Bhuta (Director), Dhiren Pranlal Bhuta (Managing Director). Past directors included Krushn Dhiren Bhuta, Mukesh Pranlal Bhuta. It holds ₹72.77 Cr open charges and ₹89.45 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 601, 6Th Floor, 349, Business Point, Western Express Highway, Andheri (E), Mumbai, Maharashtra, 400069.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U29120MH1984PTC034006

  • Registration Number

    034006

  • Incorporation Date

    13 September 1984

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹6.50 M

  • ROC Code

    Roc Mumbai I

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 6.50 M
  • Company Age 41 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 72.77 Cr
  • Satisfied Charges ₹ 89.45 Cr
  • Revenue Growth **** -1.51%
  • Profit Growth **** -93.63%
  • Ebitda **** -79.89%
  • Net Worth 1.31%
  • Total Assets -18.38%
Company report

Classic Solvents Pvt Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Classic Solvents Pvt Ltd — 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 Classic Solvents Pvt Ltd?
Current Directors
Name Designation Appointment Date Status
Krushn Dhiren Bhuta Director 29 Sep 2017 Current
Beena Dhiren Bhuta Director 03 Sep 1995 Current
Dhiren Pranlal Bhuta Managing Director 13 Sep 1984 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2017 Past
Pramod Abcsdd Director 01 May 2011 Past

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Financial Performance of Classic Solvents.

Classic Solvents Pvt Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.51% decrease. The company also saw a substantial fall in profitability, with a 93.63% decrease in profit. The company's net worth moved up by a moderate rise of 1.31%.

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

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 -1.51%
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*******
*******
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Revenue from Operations
*******
 -1.48%
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*******
*******
*******
Total Assets
*******
 -18.38%
*******
*******
*******
*******
Profit or Loss
*******
 -93.63%
*******
*******
*******
*******
Net Worth
*******
 1.31%
*******
*******
*******
*******
EBITDA
*******
 -79.89%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Classic Solvents?

In 2023, Classic Solvents had a promoter holding of 100.00%. The company had 1 Subsidiary. 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

₹727,693,000.00

Satisfied Charges

₹894,468,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 52.95 Cr
  • Yes Bank Limited : 19.50 Cr
  • Others : 0.32 Cr
Latest Charge Details
Date Lender Amount Status
05 Nov 2024 Yes Bank Limited ₹19.50 Cr Open
09 May 2024 Others ₹3.19 M Open
29 Apr 2022 Axis Bank Limited ₹5.40 M Open
30 Mar 2022 Axis Bank Limited ₹52.41 Cr Open
25 Apr 2011 Yes Bank Limited ₹13.00 Cr Satisfied

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How Many Employees Work at Classic Solvents?

Classic Solvents has a workforce of 11 employees as of Oct 09, 2025. 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 Classic 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 Classic 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 Classic Solvents
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Classic Solvents Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Classic Solvents Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I. was documented.

  • Charges

    A charge with Yes Bank Limited of Rs. 19.50 Cr registered on 05 Nov 2024 with Charge ID 101013023 was modified on 04 Mar 2025. was recorded as a recent event.

  • Charges

    Progress on A charge with Yes Bank Limited amounted to Rs. 19.50 Cr with Charge ID 101013023 was registered on 05 Nov 2024. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 0.32 Cr with Charge ID 100930771 was registered on 09 May 2024. was documented.

  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 52.41 Cr registered on 30 Mar 2022 with Charge ID 100573600 was modified on 22 Apr 2024. was documented.

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Frequently Asked Questions
What is the CIN of Classic Solvents Pvt Ltd?

The CIN of Classic Solvents Pvt Ltd is U29120MH1984PTC034006.

Where is Classic Solvents Pvt Ltd headquartered?

Classic Solvents Pvt Ltd is headquartered at 601, 6Th Floor, 349, Business Point, Western Express Highway, Andheri (E), Mumbai, Maharashtra, 400069.

When was Classic Solvents Pvt Ltd incorporated?

Classic Solvents Pvt Ltd was incorporated on 13 September 1984.

Who are the current directors of Classic Solvents Pvt Ltd?

The current directors of Classic Solvents Pvt Ltd are

What is the primary industry of Classic Solvents Pvt Ltd?

The primary industry of Classic Solvents Pvt Ltd is Trade.

Is Classic Solvents Pvt Ltd a listed company?

Classic Solvents Pvt Ltd is unlisted.

What is the capital structure of Classic Solvents Pvt Ltd?

The authorized capital of Classic Solvents Pvt Ltd is ₹1.50 Cr, and the paid-up capital is ₹6.50 M.

What is the compliance status of Classic Solvents Pvt Ltd?

The compliance status of Classic Solvents Pvt Ltd is Compliant.

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