About Lakshmi Solvex Private Limited
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Lakshmi Solvex Private Limited is a private limited company based in Bahraich, Uttar Pradesh, India. It operates in the animal feeds segment of the agriculture sector. It was incorporated on 20 April 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U24119UP1998PTC023374. Its GSTIN is 09AAACL9079P1ZL (Uttar Pradesh).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹39.64 Lakh. It is led by directors including Sumit Agarwal (Managing Director) and Rani Asha Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bhinga Roadbahraich Bahraich, Uttar Pradesh, India – 271801.
As per the financials filed for FY 2024, the company reported a revenue of ₹39.8 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹1.1 Cr (net margin 2.8%) and EBITDA of ₹1.87 Cr (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 2% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.29 Cr and satisfied charges of ₹4.8 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lakshmisolvex.business.site.
Company details
Contact details
Lakshmi Solvex Private Limited's registered office is in Bahraich, Uttar Pradesh. Its website is lakshmisolvex.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBhinga Roadbahraich Bahraich, Uttar Pradesh, India – 271801
- IndustryAgriculture, Animal Feeds
To see the full contact details of Lakshmi 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
Business activity
The main business activity of Lakshmi Solvex is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Lakshmi Solvex Private Limited, buy the company report.
Financials of Lakshmi Solvex Private Limited
FY 2024 filings availableLakshmi Solvex Private Limited reported revenue of ₹39.8 Cr (down 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 13% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.87 Cr | ||||
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| Net Profit (PAT) | ₹1.1 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 4.7% | ||||
| Net Profit Margin | 2.8% | ||||
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To see the full financial statements and ratios of Lakshmi Solvex Private Limited, buy the company report.
Board of directors of Lakshmi Solvex Private Limited
Lakshmi Solvex has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Agarwal Also directs: Aum Solvex Private Limited | Managing Director | 31 Mar 2018 | 8 Years 7 Months | Current |
| Rani Asha Agarwal | Director | 31 Jan 2013 | 13 Years 9 Months | Current |
| Prashant Agarwal Also directs: Aum Solvex Private Limited | Director | 30 Sep 2020 | 6 Years 1 Months | Current |
Auditor
Lakshmi Solvex Private Limited is audited by KAMLESH AGRAWAL & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAMLESH AGRAWAL & ASSOCIATES | FY 2022 | 002537C |
Shareholding
The shareholding of Lakshmi Solvex Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lakshmi Solvex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Mar 2014 | 10483764 | Others | ₹4 Cr | Open | |
| 02 Feb 1999 | 90279455 | Punjab National Bank | ₹29 Lakh | Open | |
| 25 Mar 2022 | 100551040 | Others | ₹40 Lakh | Satisfied | |
| 21 Nov 2006 | 10026043 | Allahabad Bank | ₹2.2 Cr | Satisfied | |
| 02 Nov 2004 | 90277780 | State Bank of India | ₹2.2 Cr | Satisfied |
To see the full charge records of Lakshmi Solvex Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Lakshmi Solvex Private Limited has 5 court cases on record: 5 filed by Lakshmi Solvex. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Writ petition | Filed by the company against State of U.P. Thru. Prin. Secy. Tax and Registration and Ors. | Disposed |
| Allahabad High Court | Writ petition | Filed by the company against State of U.P.Thru Prin.Secy.Tax and Registration Lko and Ors. | Disposed |
| Allahabad High Court | Writ petition | Filed by the company against State of U.P.Thru Prin.Secy. Tax and Registration Lko and Ors. | Disposed |
To see the full case history of Lakshmi 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lakshmi Solvex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lakshmi Solvex Private Limited has a workforce of 19 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Lakshmi Solvex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACL9079P1ZL | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lakshmi Solvex Private Limited, buy the company report.
Recent activity
Lakshmi Solvex Private Limited has 6 board changes on record since 2013: 3 appointments and 3 cessations. The latest: Prashant Agarwal was appointed as Director on 30 Sep 2020.
9 earlier events are in the company report.
Frequently asked questions
Lakshmi Solvex is an active private limited company based in Bahraich, Uttar Pradesh, India. The company works in animal feeds, within the agriculture industry. It was incorporated on 20 April 1998 (28+ years old) and is registered under CIN U24119UP1998PTC023374.
Lakshmi Solvex has 3 current directors:
- Sumit Agarwal - Managing Director
- Rani Asha Agarwal - Director
- Prashant Agarwal - Director
The latest financial statements of Lakshmi Solvex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Lakshmi Solvex is 09AAACL9079P1ZL, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Lakshmi Solvex is U24119UP1998PTC023374. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lakshmi Solvex has 5 court cases on record: 5 filed by the company.
Lakshmi Solvex was incorporated on 20 April 1998, making it 28+ years old. It is registered with the Registrar of Companies, Kanpur.
Prashant Agarwal was appointed as Director on 30 Sep 2020. Satish Chandra Agarwal ceased to be Managing Director on 30 Sep 2020. Sumit Agarwal ceased to be Director on 30 Sep 2020. Lakshmi Solvex has 6 board changes on record in total.
Lakshmi Solvex can be reached through the website lakshmisolvex.business.site. Its registered office is in Bahraich, Uttar Pradesh, India.
The registered office of Lakshmi Solvex is at Bhinga Roadbahraich Bahraich, Uttar Pradesh, India – 271801.
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