Devgan Solvex Pvt Ltd

Produces rice bran oil through processing facility in Amritsar, Punjab since 1988.

1988 | Amritsar, Punjab (India) | Active
Last Updated:

Devgan Solvex Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.87 M
  • Company Age 37 Year, 1 Month
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 25.90 Cr
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth -45.17%
  • Profit Growth -2008.98%
  • Ebitda -115.67%
  • Net Worth -71.48%
  • Total Assets -21.15%

About Devgan Solvex

Devgan Solvex Pvt Ltd (DSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 March 1988 and has a history of 37 years and one month. Its registered office is in Amritsar, Punjab, India.

The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2018. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 9.87 M.

The company currently has active open charges totaling ₹25.90 Cr. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Naresh Devgan and Yogesh Devgan serve as directors at the Company.

Company Details

  • Location

    Amritsar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15311PB1988PTC008190

  • Company No.

    008190

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Mar 1988

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Chemicals and Materials
Company report

Devgan Solvex Pvt Ltd

Explore comprehensive data for Devgan Solvex Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Naresh Devgan Country flag representing In Additional Director 30-Nov-2017Current
Yogesh Devgan Country flag representing In Additional Director 29-Dec-2017Current

Financial Performance of Devgan Solvex.

Devgan Solvex Pvt Ltd, for the financial year ended 2018, experienced significant reduction in revenue, with a 45.17% decrease. The company also saw a substantial fall in profitability, with a 2008.98% decrease in profit. The company's net worth observed a substantial decline by a decrease of 71.48%.

Devgan Solvex revenue growth over time
Devgan Solvex 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
-45.17%
Revenue from Operations
-45.35%
Total Assets
-21.15%
Profit or Loss
-2008.98%
Net Worth
-71.48%
EBITDA
-115.67%

What is the Ownership and Shareholding Structure of Devgan Solvex?

In 2018, Devgan Solvex 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

₹25.90 Cr

Satisfied Charges

₹3.00 Cr

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 25.90 Cr

Latest Charge Details

DateLenderAmountStatus
24 Dec 2014Union Bank Of India₹1.00 MOpen
13 Aug 2014Union Bank Of India₹19.50 CrOpen
28 Dec 2012Union Bank Of India₹5.90 CrOpen
26 Jan 1995Union Bank Of India₹4.00 MOpen
10 Sep 2003State Bank Of Patiala₹3.00 CrSatisfied

How Many Employees Work at Devgan Solvex?

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

Employee growth trends for Devgan Solvex Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Devgan 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 Devgan 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 Devgan Solvex

Recent activity within the organization

  • Annual General Meeting

    Devgan Solvex Pvt Ltd last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

  • Balance Sheet

    Devgan Solvex Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chandigarh.

  • Director Appointment

    Yogesh Devgan was appointed as a Additional Director was appointed as a Additional Director on 29 Dec 2017 & has been associated with this company since 7 years 4 months .

  • Director Appointment

    Naresh Kumar Devgan was appointed as a Additional Director was appointed as a Additional Director on 30 Nov 2017 & has been associated with this company since 7 years 5 months .

  • Charges

    A charge with Union Bank Of India amounted to Rs. 0.10 Cr with Charge ID 10548567 was registered on 24 Dec 2014.

  • Charges

    A charge with Union Bank Of India amounted to Rs. 19.50 Cr with Charge ID 10520016 was registered on 13 Aug 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Devgan Solvex Pvt Ltd?

    Devgan Solvex Pvt Ltd was incorporated on 29 Mar 1988.

  • What is authorized share capital and paid-up capital of Devgan Solvex Pvt Ltd?

    The authorized share capital of Devgan Solvex Pvt Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 9.87 M.

  • Who are the current board members & directors of Devgan Solvex Pvt Ltd?

    Currently 2 directors are associated with Devgan Solvex Pvt Ltd.

    • Naresh Kumar Devgan
    • Yogesh Devgan

  • What is the registered address of Devgan Solvex Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Devgan Solvex Pvt Ltd is Sangrana Sahib Tarn Taran Road India, Amritsar, Punjab, 143001.

  • What is the corporate identification number (CIN) and company number of Devgan Solvex Pvt Ltd?

    The corporate identification number (CIN) of Devgan Solvex Pvt Ltd is U15311PB1988PTC008190 and the company number is 008190 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Devgan Solvex Pvt Ltd?

    According to the financial reports for the fiscal year 2018, the revenue trend for Devgan Solvex Pvt Ltd has fallen by -45.17%.

  • What change has been observed in the net worth of Devgan Solvex Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of Devgan Solvex Pvt Ltd has experienced an downturn of -71.48%.

  • What are the total open charges for Devgan Solvex Pvt Ltd?

    As per the financial statements for fiscal Year 2018, The total open charges for Devgan Solvex Pvt Ltd amount to ₹ 25.90 Cr.

  • When was the last Balance Sheet of Devgan Solvex Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Devgan Solvex Pvt Ltd was filed with the ROC on 31 Mar 2018.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Solvent & Oil Extraction Tech