K L Solvex Private Limited
About K L Solvex Private Limited
Data last updated:
K L Solvex Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the solvent and oil extraction tech segment of the chemicals and materials sector. It was incorporated on 06 January 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U15312PB1999PTC022114. Its GSTIN is 03AABCK6944P1Z5 (Punjab).
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.19 Cr. It is led by directors Varun Rattan and Tarun Rattan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2nd Floor Sainik Rest House Building Clock Tower, Ludhiana, Punjab, India – 141008.
As per the financials filed for FY 2025, the company reported a revenue of ₹36 Lakh. For the same year it recorded a net loss of ₹12.81 Lakh (net margin -35.6%) and EBITDA of ₹37.33 Lakh (EBITDA margin 103.7%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 7% over five years.
The company has about 73 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.45 Cr and satisfied charges of ₹12.03 Cr on record. Court records list 9 cases involving the company, including 2 filed by the company and 7 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
K L Solvex Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2nd Floor Sainik Rest House Building Clock Tower, Ludhiana, Punjab, India – 141008
- IndustryChemicals and Materials, Solvent & Oil Extraction Tech
To see the full contact details of K L Solvex 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
Financials of K L Solvex Private Limited
FY 2025 filings availableK L Solvex Private Limited reported revenue of ₹36 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years. EBITDA rose 74% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹36 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹37.33 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.81 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 103.7% | ||||
| Net Profit Margin | -35.6% | ||||
| 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 L Solvex Private Limited, buy the company report.
Board of directors of K L Solvex Private Limited
K L Solvex has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Rattan | Director | 03 Jan 2019 | 7 Years 10 Months | Current |
| Tarun Rattan | Director | 03 Jan 2019 | 7 Years 10 Months | Current |
Auditor
K L Solvex Private Limited is audited by S C V & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S C V & CO LLP | FY 2023 | 000235N/N500089 |
Shareholding
The shareholding of K L Solvex Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of K L Solvex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Apr 2021 | 100435139 | Hdfc Bank Limited | ₹7.45 Cr | Open | |
| 25 Jan 2019 | 100238027 | Others | ₹5 Cr | Open | |
| 25 Mar 2010 | 10212033 | Punjab & Sind Bank | ₹45 Lakh | Satisfied | |
| 06 Feb 2008 | 10089915 | Punjab & Sind Bank | ₹39 Lakh | Satisfied | |
| 28 Nov 2003 | 90172179 | Punjab & Sind Bank | ₹85.33 Lakh | Satisfied |
To see the full charge records of K L Solvex Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
K L Solvex Private Limited has 9 court cases on record: 2 filed by K L Solvex, 7 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 7 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, PUNJAB | Writ petition | Filed by the company against State of Punjab and Others | Pending |
| District court, Patiala, Punjab | Court case (MACM) | Filed against the company | Disposed |
| District court, Patiala, Punjab | Motor accident claim | Filed against the company | Disposed |
| District court, Patiala, Punjab | Court case (MACM) | Filed against the company by an individual | Disposed |
| District court, Patiala, Punjab | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of K L Solvex 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.
Credit ratings & regulatory alerts
K L Solvex Private Limited was last rated by Care on 30 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 30 Dec 2021 |
To see the full credit ratings and regulatory alerts of K L Solvex Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for K L Solvex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
K L Solvex Private Limited has a workforce of 73 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
K L Solvex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCK6944P1Z5 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of K L Solvex Private Limited, buy the company report.
Recent activity
K L Solvex Private Limited has 7 board changes on record since 2009: 2 appointments and 5 cessations. The latest: Raghubir Bakshi ceased to be Director on 15 Jan 2019.
19 earlier events are in the company report.
Frequently asked questions
K L Solvex is an active private limited company based in Ludhiana, Punjab, India. The company works in solvent and oil extraction tech, within the chemicals and materials industry. It was incorporated on 06 January 1999 (27+ years old) and is registered under CIN U15312PB1999PTC022114.
K L Solvex has 2 current directors:
- Varun Rattan - Director
- Tarun Rattan - Director
The latest financial statements of K L Solvex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of K L Solvex is 03AABCK6944P1Z5, registered in Punjab.
The CIN (Corporate Identification Number) of K L Solvex is U15312PB1999PTC022114. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
K L Solvex has 9 court cases on record: 2 filed by the company and 7 filed against it. 1 is pending. Most are in the district courts.
K L Solvex was incorporated on 06 January 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chandigarh.
Raghubir Bakshi ceased to be Director on 15 Jan 2019. Saurav Shibe ceased to be Director on 15 Jan 2019. Vijay Kumar Shibe ceased to be Director on 15 Jan 2019. K L Solvex has 7 board changes on record in total.
The registered office of K L Solvex is at 2nd Floor Sainik Rest House Building Clock Tower, Ludhiana, Punjab, India – 141008.
K L Solvex operates in the chemicals and materials industry, in the solvent and oil extraction tech segment.
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