About Evershine Solvex Private Limited
Data last updated:
Evershine Solvex Private Limited is a private limited company based in Muktsar, Punjab, 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 07 September 1983.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U15143PB1983PTC005567. Its GSTIN is 03AAACE3685J2ZN (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5.9 Cr and a paid-up capital of ₹5.5 Cr. It was formerly known as Evershine Solvex Limited. It is led by directors Pankaj Kalra and Ravinder Kumar Kalra.
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 Jalalabad Road Muktsar, Punjab, India – 152026.
As per the financials filed for FY 2019, the company reported a revenue of ₹97.56 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹6.72 Cr (net margin -6.9%) and EBITDA of -₹3.82 Cr (EBITDA margin -3.9%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years.
As per MCA filings, the company has open charges of ₹41.05 Cr and satisfied charges of ₹6.03 Cr on record. Court records list 8 cases involving the company, including 2 filed by the company and 4 filed against it; 1 case is pending. The company has 7 deals on record (4 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹3.55 Cr; the latest was in March 2017. Its 10 peer companies in the Food and Beverages industry (Edible Oils) are compared by revenue, 5 larger and 5 smaller; the largest is Faithful Commercial Ltd with revenue of ₹100.42 Cr.
The last known website on record is evershine-solvex-pvt-ltd.business.site.
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- Registered AddressJalalabad Road Muktsar, Punjab, India – 152026
- 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
- One PDF report, delivered after checkout
Business Activity of Evershine Solvex Private Limited
The main business activity of Evershine Solvex is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Evershine Solvex Private Limited FY 2019 filings available
Evershine Solvex Private Limited reported revenue of ₹97.56 Cr (down 6% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Evershine Solvex Private Limited
Revenue fell 6% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 240% 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 Evershine 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 | ₹97.56 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹3.82 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.72 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 Evershine Solvex Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -6.9% | •••• | •••• | •••• | •••• |
| 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 Evershine 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.
Peer Comparison of Evershine Solvex Private Limited
Evershine Solvex Private Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Edible Oils). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Faithful Commercial Ltd | ₹100.42 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Gorakhpur Sadar, Uttar Pradesh, India |
| B. N. Exports Private Limited | ₹99.43 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Kolkata, West Bengal, India |
| Baba Farid Solvex Private Limited | ₹98.66 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Punjab, India |
| Bhagwandas Edible Oils Private Limited | ₹98.51 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Aligarh, Uttar Pradesh, India |
| Rvgarg Industries Private Limited | ₹98.03 Cr (FY 2025) | •••• | •••• | •••• | Puranpur, Uttar Pradesh, India | |
| Evershine Solvex Private Limited this company | ₹97.56 Cr (FY 2019) | •••• | •••• | -6.0% | •••• | Muktsar, Punjab, India |
| Krishna Rice Mills Pvt Ltd | ₹97.49 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Punjab, India |
| Agra Oil and General Industries Limited | ₹97.25 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Agra, Uttar Pradesh, India |
| Rion Refoil Private Limited | ₹97.15 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Sabarkantha, Gujarat, India |
| Kodm Agrotech Private Limited | ₹97.08 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Mahoba, Uttar Pradesh, India |
| Raigarh Solvent Extraction Private Limited | ₹96.74 Cr (FY 2025) | •••• | •••• | 98.0% | •••• | Dist-Raigarh, Chhattisgarh, India |
Peers are the five companies nearest above and the five nearest below Evershine Solvex by revenue in the Food and Beverages industry (Edible Oils), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Evershine Solvex Private Limited
Evershine Solvex Private Limited is audited by RAKESH DOOMRA & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAKESH DOOMRA & 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 Evershine Solvex Private Limited
Evershine Solvex has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Kalra | Director | 08 Jun 2007 | 19 Years 4 Months | As last reported |
| Ravinder Kumar Kalra | Director | 10 Sep 2002 | 24 Years 1 Months | As last reported |
Ownership and Shareholding of Evershine 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 Evershine Solvex Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 May 2019 | Bank of India | ₹52.32 Lakh | Open |
| 31 May 2019 | Bank of India | ₹33.08 Lakh | Open |
| 31 May 2019 | Bank of India | ₹11 Lakh | Open |
| 27 Jun 2017 | Others | ₹8.7 Lakh | Open |
| 13 Nov 2015 | Bank of India | ₹2 Cr | Open |
Total charge records: 20 View all charges
Deals & Funding of Evershine Solvex Private Limited
Evershine Solvex Private Limited has 7 deals on record (4 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹3.55 Cr; the latest was in March 2017.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Funding round | ₹50 Lakh | Investors: 4 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Mar 2016 | Rights issue | ₹73 Lakh | Investors: 2 individuals |
| Dec 2014 | Rights issue | ₹77 Lakh | Investors: 4 individuals |
| Mar 2014 | Funding round | ₹2 Cr | Investors: 4 individuals |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Evershine Solvex Private Limited
Evershine Solvex Private Limited has 8 court cases on record: 2 filed by Evershine Solvex, 4 filed against it, 2 where it is another party. 1 case is pending and 7 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 3 | 3 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Axis Bank Limited | Disposed |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by an individual | Pending |
| District court, Sri Muktsar Sahib, Punjab | Civil suit | Filed against the company by Satkar Educational Society | Disposed |
| High Court of Punjab and Haryana | Writ petition | Company is another party | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against State of Punjab | Disposed |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Evershine Solvex Private Limited
Employment history and EPFO contributions of people linked to Evershine Solvex.
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.
Recent Activity on Evershine Solvex Private Limited
Evershine Solvex Private Limited has 3 board changes on record since 2002: 2 appointments and 1 cessation. The latest: Harish Kumar Kalra ceased to be Director on 06 Nov 2013.
31 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Evershine 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 Evershine 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 Evershine 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.
GST Compliance of Evershine Solvex Private Limited
Evershine Solvex has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACE3685J2ZN | Punjab | Active | 27 Jul 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.
MCA Filings & Documents of Evershine 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.
Frequently Asked Questions about Evershine Solvex Private Limited
Evershine 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.
Evershine Solvex is a company under liquidation, formerly operating as a private limited company based in Muktsar, Punjab, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 07 September 1983 and is registered under CIN U15143PB1983PTC005567. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Evershine Solvex reported revenue of ₹97.56 Cr for FY 2019 (down 6% YoY).
Evershine Solvex has 2 current directors:
- Pankaj Kalra - Director
- Ravinder Kumar Kalra - Director
Evershine Solvex reported a net loss of ₹6.72 Cr (net margin -6.9%) and EBITDA of -₹3.82 Cr (EBITDA margin -3.9%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Evershine Solvex is 17% over three years. In the latest year (FY 2019) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Evershine Solvex is U15143PB1983PTC005567. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evershine Solvex has open charges of ₹41.05 Cr and satisfied charges of ₹6.03 Cr as per latest MCA filings.
Evershine Solvex has 8 court cases on record: 2 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.
Evershine Solvex was incorporated on 07 September 1983. It is registered with the Registrar of Companies, Chandigarh.
Evershine Solvex has 7 deals on record (4 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹3.55 Cr; the latest was in March 2017.