About Gajanan Solvex Limited
Data last updated:
Gajanan Solvex Limited is a public limited company based in Mumbai, Maharashtra, 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 October 2010.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U46909MH2010PLC208730. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹26.73 Cr. It is led by directors including Bhavrao Ramkrushna Gore (Whole-Time Director) and Satish Gopilal Mittal.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 902 Hubtown Viva Western Express Highway Jogeshwari (E), Mumbai, Maharashtra, India – 400060.
As per the financials filed for FY 2017, the company reported a revenue of ₹595.13 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹2.78 Cr (net margin 0.5%) and EBITDA of ₹21.46 Cr (EBITDA margin 3.6%).
The company has about 36 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹108 Cr on record. Court records list 20 cases involving the company, including 1 filed by the company and 14 filed against it; 6 cases are pending. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹26.72 Cr; the latest was in March 2017. Its 10 peer companies in the Chemicals industry (Solvent Extraction) are compared by revenue, 5 larger and 5 smaller; the largest is Omshree Agro Tech Private Limited with revenue of ₹1,043.76 Cr.
The last known website on record is gajananoil.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address902 Hubtown Viva Western Express Highway Jogeshwari (E), Mumbai, Maharashtra, India – 400060
- 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 Gajanan Solvex Limited
The main business activity of Gajanan 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 Gajanan Solvex Limited FY 2017 filings available
Gajanan Solvex Limited reported revenue of ₹595.13 Cr (up 9% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Gajanan Solvex Limited
Revenue rose 9% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Gajanan Solvex Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹595.13 Cr | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹21.46 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.78 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 Gajanan Solvex Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.6% | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• |
| 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 Gajanan 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 Gajanan Solvex Limited
Gajanan Solvex Limited is compared with the companies closest to it by revenue in the Chemicals industry (Solvent Extraction). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Omshree Agro Tech Private Limited | ₹1,043.76 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Dhule, Maharashtra, India |
| Shiv Edibles Limited | ₹885.64 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Kota, Rajasthan, India |
| Dhirendra Soya Agro Private Limited | ₹850.43 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Neemuch, Madhya Pradesh, India |
| Vaighai Agro Products Limited | ₹798.14 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Madurai, Tamil Nadu, India |
| Darshana Solvent Extraction Private Limited | ₹609.14 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Solapur, Maharashtra, India |
| Gajanan Solvex Limited this company | ₹595.13 Cr (FY 2017) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Avt Natural Products Limited Listed | ₹572.21 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Chennai, Tamil Nadu, India |
| Latur Solvent Extractions Private Limited | ₹564.46 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Latur, Maharashtra, India |
| Satwiki Proteins Private Limited | ₹556.75 Cr (FY 2021) | •••• | •••• | -27.0% | •••• | Jaipur, Rajasthan, India |
| Sachin International Proteins Private Limited | ₹499.54 Cr (FY 2024) | •••• | •••• | 49.0% | •••• | Udgir, Maharashtra, India |
| 3F Oil Palm Private Limited | ₹473.05 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Gajanan Solvex by revenue in the Chemicals industry (Solvent Extraction), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Gajanan Solvex Limited
Gajanan Solvex has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amol Ramchandra Jadhav | Additional Director | 31 Jan 2019 | 7 Years 8 Months | As last reported |
| Satish Gopilal Mittal Also directs: Am Oels Private Limited, Am Agrow Tech Private Limited | Director | 09 May 2025 | 1 Years 5 Months | As last reported |
| Nitin Ramchandra Jadhav Also directs: Neo Econcepts India LLP, Nirvedh Oil and Agro Products Private Limited, Sahayog Enterprises Private Limited and 1 more | Director | 07 Oct 2010 | 16 Years 0 Months | As last reported |
| Amol Satishchand Mittal Also directs: Am Oels Private Limited, Am Agrow Tech Private Limited | Director | 09 May 2025 | 1 Years 5 Months | As last reported |
| Bhavrao Ramkrushna Gore Also directs: Nirvedh Oil and Agro Products Private Limited | Whole-Time Director | 07 Oct 2010 | 16 Years 0 Months | As last reported |
| Payal Amol Mittal | Director | 09 May 2025 | 1 Years 5 Months | As last reported |
Charges & Borrowings of Gajanan Solvex Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Oct 2014 | Janata Sahakari Bank Limited | ₹3 Cr | Open |
| 09 Dec 2013 | State Bank of India | ₹70 Cr | Open |
| 09 Nov 2011 | State Bank of India | ₹35 Cr | Open |
Total charge records: 3 View all charges
Deals & Funding of Gajanan Solvex Limited
Gajanan Solvex Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹26.72 Cr; the latest was in March 2017.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2015 | Funding round | ₹10.1 Cr | Investors: 4 individuals |
| Oct 2013 | Funding round | ₹3.64 Cr | Investors: 4 individuals |
| Mar 2012 | Funding round | ₹12.99 Cr | Investors: 4 individuals |
Full deal history
All 5 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 Gajanan Solvex Limited
Gajanan Solvex Limited has 20 court cases on record: 1 filed by Gajanan Solvex, 14 filed against it, 5 where it is another party. 6 cases are pending and 14 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 13 | 4 |
| High courts | 6 | 1 | 2 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed against the company by Epimoney Private Limited | Pending |
| District court, Buldhana, Maharashtra | Civil suit | Filed by the company against Synergy Exports Private Limited | Pending |
| Bombay High Court | Arbitration matter | Filed against the company by Epimoney Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Epimoney Private Limited | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by Surya Polytex Pvt Ltd | Disposed |
Full case history
All 20 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 Gajanan Solvex Limited
Employment history and EPFO contributions of people linked to Gajanan 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.
CIN History of Gajanan Solvex Limited
Gajanan Solvex has one previous CIN (Corporate Identification Number): U15147MH2010PLC208730. The current CIN is U46909MH2010PLC208730, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46909MH2010PLC208730 | Current |
| U15147MH2010PLC208730 | Previous |
Recent Activity on Gajanan Solvex Limited
Gajanan Solvex Limited has 14 board changes on record since 2010: 6 appointments and 8 cessations. The latest: Amol Satishchand Mittal was appointed as Director on 09 May 2025.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Gajanan Solvex 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 Gajanan Solvex 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 Gajanan Solvex 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 Gajanan Solvex Limited
Gajanan Solvex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Gajanan Solvex 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 Gajanan Solvex Limited
Gajanan 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.
Gajanan Solvex is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 07 October 2010 and is registered under CIN U46909MH2010PLC208730. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Gajanan Solvex reported revenue of ₹595.13 Cr for FY 2017 (up 9% YoY).
Gajanan Solvex has 6 current directors:
- Bhavrao Ramkrushna Gore - Whole-Time Director
- Amol Ramchandra Jadhav - Additional Director
- Satish Gopilal Mittal - Director
- Nitin Ramchandra Jadhav - Director
- Amol Satishchand Mittal - Director
- Payal Amol Mittal - Director
Gajanan Solvex reported a net profit of ₹2.78 Cr (net margin 0.5%) and EBITDA of ₹21.46 Cr (EBITDA margin 3.6%) for FY 2017, as per its filed financial statements.
The CIN (Corporate Identification Number) of Gajanan Solvex is U46909MH2010PLC208730. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gajanan Solvex has open charges of ₹108 Cr and no satisfied charges on record as per latest MCA filings.
Gajanan Solvex has 20 court cases on record: 1 filed by the company and 14 filed against it. 6 are pending. Most are in the district courts.
Gajanan Solvex was incorporated on 07 October 2010. It is registered with the Registrar of Companies, Mumbai.
Gajanan Solvex has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹26.72 Cr; the latest was in March 2017.
The peers of Gajanan Solvex by revenue are Omshree Agro Tech Private Limited, Shiv Edibles Limited, Dhirendra Soya Agro Private Limited, Vaighai Agro Products Limited, Darshana Solvent Extraction Private Limited and 5 more, all in the Chemicals industry (Solvent Extraction).