Dhanlaxmi Solvex Private Limited
About Dhanlaxmi Solvex Private Limited
Data last updated:
Dhanlaxmi Solvex Private Limited is a private limited company based in Indore, Madhya Pradesh, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 17 January 2006.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U15141MP2006PTC018304. Its GSTIN is 23AACCD3078J2ZP (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹23 Cr and a paid-up capital of ₹16.28 Cr. It is led by directors Rajendra Manglani and Satish Manglani.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 201 Bansi Plaza 581 M.G. Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2019, the company reported a revenue of ₹68,902, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹3.33 Cr and EBITDA of -₹34.32 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 98% over three years.
As per MCA filings, the company has open charges of ₹912.3 Cr on record.
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- Registered Address201 Bansi Plaza 581 M.G. Road, Indore, Madhya Pradesh, India – 452001
- IndustryFood and Beverages, Edible Oils & Cooking Fats
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Auditor Details of Dhanlaxmi Solvex Private Limited
Dhanlaxmi Solvex Private Limited is audited by R P L A N S & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R P L A N S & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Dhanlaxmi Solvex Private Limited
Dhanlaxmi Solvex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Manglani | Director | 25 Jan 2007 | 19 Years 8 Months | As last reported |
| Satish Manglani | Director | 17 Jan 2006 | 20 Years 8 Months | As last reported |
Financials of Dhanlaxmi Solvex Private Limited FY 2019 filings available
Dhanlaxmi Solvex Private Limited reported revenue of ₹68,902 (down 54.00% YoY) for FY 2019.
Growth of Dhanlaxmi Solvex Private Limited
| Metric | 1-year growth | 3-year compounded (CAGR) |
|---|---|---|
| Revenue | ▼ 54% | ▼ 98% |
Revenue has declined at a compounded annual rate (CAGR) of 98% over three years, including a 54% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Dhanlaxmi Solvex Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹68,902 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹34.32 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.33 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Dhanlaxmi Solvex Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Dhanlaxmi Solvex are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Dhanlaxmi Solvex Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Dhanlaxmi Solvex Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2014 | Union Bank of India | ₹75.2 Cr | Open |
| 31 Dec 2014 | State Bank of Patiala | ₹22.66 Cr | Open |
| 27 Nov 2014 | State Bank of India | ₹195.21 Cr | Open |
| 14 Aug 2014 | Bank of Maharashtra | ₹25 Cr | Open |
| 22 Feb 2010 | State Bank of Indore | ₹3 Cr | Open |
Total charge records: 10 View all charges
Employees and EPFO Compliance at Dhanlaxmi Solvex Private Limited
Dhanlaxmi Solvex Private Limited has a workforce of 0 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Dhanlaxmi Solvex Private Limited
Dhanlaxmi Solvex has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCD3078J2ZP | Madhya Pradesh | Active | 27 May 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Dhanlaxmi Solvex Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Dhanlaxmi Solvex Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Dhanlaxmi Solvex Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Dhanlaxmi Solvex Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Dhanlaxmi Solvex Private Limited
Frequently Asked Questions about Dhanlaxmi Solvex Private Limited
Dhanlaxmi Solvex is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Dhanlaxmi Solvex is a company under liquidation, formerly operating as a private limited company based in Indore, Madhya Pradesh, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 17 January 2006 and is registered under CIN U15141MP2006PTC018304. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Dhanlaxmi Solvex reported revenue of ₹68,902 for FY 2019 (down 54.00% YoY).
Dhanlaxmi Solvex has 2 current directors:
- Rajendra Manglani - Director
- Satish Manglani - Director
Dhanlaxmi Solvex reported a net loss of ₹3.33 Cr and EBITDA of -₹34.32 Lakh for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dhanlaxmi Solvex is -98% over three years. In the latest year (FY 2019) revenue fell 54%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Dhanlaxmi Solvex is U15141MP2006PTC018304. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhanlaxmi Solvex has open charges of ₹912.3 Cr and no satisfied charges on record as per latest MCA filings.
Dhanlaxmi Solvex was incorporated on 17 January 2006. It is registered with the Registrar of Companies, Gwalior.