Gurdaspur Solvex Pvt Ltd
About Gurdaspur Solvex Pvt Ltd
Data last updated:
Gurdaspur Solvex Pvt Ltd is a private limited company based in Gurdaspur, Punjab, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 12 April 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U15142PB1991PTC011270. Its GSTIN is 03AAFCG2843R1ZB (Punjab).
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.08 Cr. It is led by directors including Bal Krishan Mittal and Rajan Mittal.
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 G T Roadmandi, Gurdaspur, Punjab, India.
As per the financials filed for FY 2019, the company reported a revenue of ₹38.87 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹3.34 Lakh (net margin 0.1%) and EBITDA of ₹86.62 Lakh (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.09 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressG T Roadmandi, Gurdaspur, Punjab, India
- 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 Gurdaspur Solvex Pvt Ltd
The main business activity of Gurdaspur 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 Gurdaspur Solvex Pvt Ltd FY 2019 filings available
Gurdaspur Solvex Pvt Ltd reported revenue of ₹38.87 Cr (up 11% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Gurdaspur Solvex Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 12% over three years, including 11% growth in the latest year. EBITDA fell 7% 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 Gurdaspur Solvex Pvt Ltd
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹38.87 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹86.62 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.34 Lakh | •••• | •••• | •••• | •••• |
| 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 Gurdaspur Solvex Pvt Ltd
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 Gurdaspur 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 Gurdaspur Solvex Pvt Ltd
Gurdaspur Solvex Pvt Ltd is compared with the companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution, 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 |
|---|---|---|---|---|---|---|
| Sourabh Cold Storage's Limited | ₹39.13 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Belgaum, Karnataka, India |
| S.Y.N. Agro Products Private Limited | ₹39.12 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Pudukkottai, Tamil Nadu, India |
| Farmquip Agro Private Limited | ₹39.1 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Ahmedabad, Gujarat, India |
| Sec-One Sales & Marketing Private Limited | ₹39.05 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Nagpur, Maharashtra, India |
| Begusarai Grain Trade Hub Privte Limited | ₹38.94 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Begusarai, Bihar, India |
| Gurdaspur Solvex Pvt Ltd this company | ₹38.87 Cr (FY 2019) | •••• | •••• | 11.0% | •••• | Gurdaspur, Punjab, India |
| Silverline Fertilisers Private Limited | ₹38.77 Cr (FY 2025) | •••• | •••• | -48.0% | •••• | Chennai, Tamil Nadu, India |
| Hitesh Enterprises Private Limited | ₹38.77 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Bengaluru, Karnataka, India |
| VM Oils Pvt Ltd | ₹38.74 Cr (FY 2023) | •••• | •••• | -15.0% | •••• | Kolkata, West Bengal, India |
| Vee Kay Oils Private Limited | ₹38.72 Cr (FY 2023) | •••• | •••• | 266.0% | •••• | Punjab, India |
| Quest Agrovet Services Private Limited | ₹38.67 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Gurdaspur Solvex by revenue in the Agriculture industry (Agro Retail and Distribution, 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 Gurdaspur Solvex Pvt Ltd
Gurdaspur Solvex Pvt Ltd is audited by KAPIL KUMAR & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KAPIL KUMAR & CO | 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 Gurdaspur Solvex Pvt Ltd
Gurdaspur Solvex has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bal Krishan Mittal | Director | 12 Apr 1991 | 35 Years 6 Months | Current |
| Rajan Mittal | Director | 12 Apr 1991 | 35 Years 6 Months | Current |
| Aman Mittal | Director | 01 Apr 2010 | 16 Years 6 Months | Current |
Ownership and Shareholding of Gurdaspur Solvex Pvt Ltd
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 Gurdaspur Solvex Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jan 2015 | Punjab National Bank | ₹1.74 Cr | Open |
| 10 Apr 2009 | Punjab National Bank | ₹60 Lakh | Open |
| 21 Nov 2003 | Punjab National Bank | ₹45 Lakh | Open |
| 17 Sep 1997 | Punjab National Bank | ₹6 Cr | Open |
| 28 Jan 1992 | Punjab National Bank | ₹40 Lakh | Open |
Total charge records: 6 View all charges
Legal Cases of Gurdaspur Solvex Pvt Ltd
Gurdaspur Solvex Pvt Ltd has 5 court cases on record: 3 filed by Gurdaspur Solvex, 1 filed against it, 1 where it is another party. All cases are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Union of India | 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 Union of India & Ors | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against an individual | Disposed |
| Supreme Court | Special leave petition | Filed against the company by Union of India | Disposed |
Full case history
All 5 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 Gurdaspur Solvex Pvt Ltd
Gurdaspur Solvex Pvt Ltd has a workforce of 11 employees as of Apr 05, 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.
Recent Activity on Gurdaspur Solvex Pvt Ltd
Gurdaspur Solvex Pvt Ltd has 3 board changes on record since 1991: 3 appointments. The latest: Aman Mittal was appointed as Director on 01 Apr 2010.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Gurdaspur Solvex Pvt Ltd
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 Gurdaspur Solvex Pvt Ltd
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 Gurdaspur Solvex Pvt Ltd
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 Gurdaspur Solvex Pvt Ltd
Gurdaspur Solvex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAFCG2843R1ZB | Punjab | Active | 06 Jul 2017 |
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 Gurdaspur Solvex Pvt Ltd
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 Gurdaspur Solvex Pvt Ltd
Gurdaspur Solvex is an active private limited company based in Gurdaspur, Punjab, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 12 April 1991 (35+ years old) and is registered under CIN U15142PB1991PTC011270.
Gurdaspur Solvex reported revenue of ₹38.87 Cr for FY 2019 (up 11% YoY).
Gurdaspur Solvex has 3 current directors:
- Bal Krishan Mittal - Director
- Rajan Mittal - Director
- Aman Mittal - Director
Gurdaspur Solvex reported a net profit of ₹3.34 Lakh (net margin 0.1%) and EBITDA of ₹86.62 Lakh (EBITDA margin 2.2%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gurdaspur Solvex is 12% over three years. In the latest year (FY 2019) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gurdaspur Solvex is 03AAFCG2843R1ZB, registered in Punjab.
The CIN (Corporate Identification Number) of Gurdaspur Solvex is U15142PB1991PTC011270. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gurdaspur Solvex has 5 court cases on record: 3 filed by the company and 1 filed against it. Most are in the high courts.
Gurdaspur Solvex was incorporated on 12 April 1991, making it 35+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Gurdaspur Solvex by revenue are Sourabh Cold Storage's Limited, S.Y.N. Agro Products Private Limited, Farmquip Agro Private Limited, Sec-One Sales & Marketing Private Limited, Begusarai Grain Trade Hub Privte Limited and 5 more, all in the Agriculture industry (Agro Retail and Distribution, Edible Oils).
Aman Mittal was appointed as Director on 01 Apr 2010. Bal Krishan Mittal was appointed as Director on 12 Apr 1991. Rajan Mittal was appointed as Director on 12 Apr 1991.