
K B Solvents Private Limited
About K B Solvents Private Limited
Data last updated:
K B Solvents Private Limited is a private limited company based in Barnala, Punjab, India. It operates in the sports goods segment of the musical instruments sector. It was incorporated on 06 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U15143PB2003PTC025990. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹49.2 Lakh. It is led by directors Sanjeev Kumar and Deepak Kumar.
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 Baja Khana Roadbarnala Distt Sangrur, Punjab, India – 148101.
As per MCA filings, the company has satisfied charges of ₹1.4 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
K B Solvents Private Limited's registered office is in Barnala, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBaja Khana Roadbarnala Distt Sangrur, Punjab, India – 148101
- IndustryMusical Instruments, Sports Goods, Musical Instrument, Manufacturing, Jewellery
To see the full contact details of K B Solvents Private Limited, buy the company report.
- 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
Business activity
The main business activity of K B Solvents is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
Financials of K B Solvents Private Limited
FY 2017 filings availableFinancial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | |||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | |||
| 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
| Metrics | 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 | |||
To see the full financial statements and ratios of K B Solvents Private Limited, buy the company report.
Board of directors of K B Solvents Private Limited
K B Solvents has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Kumar | Director | 06 May 2003 | 23 Years 6 Months | Current |
| Deepak Kumar | Director | 06 May 2003 | 23 Years 6 Months | Current |
Auditor
K B Solvents Private Limited is audited by J. S MAKKAR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J. S MAKKAR & ASSOCIATES | FY 2017 | 512527 |
Shareholding
The shareholding of K B Solvents Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of K B Solvents Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jan 2007 | 10033298 | State Bank of India | ₹1.2 Cr | Satisfied | |
| 29 Dec 2003 | 90176120 | Indian Overseas Bank | ₹10 Lakh | Satisfied | |
| 29 Dec 2003 | 90309572 | Indian Overseas Bank | ₹10 Lakh | Satisfied |
To see the full charge records of K B Solvents Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
K B Solvents Private Limited has 1 court case on record: 1 filed by K B Solvents. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, PUNJAB | Writ petition | Filed by the company against State of Punjab and Ors. | Disposed |
To see the full case history of K B Solvents Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for K B Solvents Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
K B Solvents has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of K B Solvents Private Limited, buy the company report.
Recent activity
K B Solvents Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Dhiraj Mittal ceased to be Director on 01 Nov 2011.
2 earlier events are in the company report.
Frequently asked questions
K B Solvents is an active private limited company based in Barnala, Punjab, India. The company works in sports goods, within the musical instruments industry. It was incorporated on 06 May 2003 (23+ years old) and is registered under CIN U15143PB2003PTC025990.
K B Solvents has 2 current directors:
- Sanjeev Kumar - Director
- Deepak Kumar - Director
The latest financial statements of K B Solvents on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. K B Solvents has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of K B Solvents is U15143PB2003PTC025990. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
K B Solvents has 1 court case on record: 1 filed by the company.
K B Solvents was incorporated on 06 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chandigarh.
Dhiraj Mittal ceased to be Director on 01 Nov 2011. Mukesh Mittal ceased to be Director on 01 Nov 2011. Deepak Kumar was appointed as Director on 06 May 2003. K B Solvents has 4 board changes on record in total.
The registered office of K B Solvents is at Baja Khana Roadbarnala Distt Sangrur, Punjab, India – 148101.
K B Solvents operates in the musical instruments industry, in the sports goods segment.

