Latur Solvent Extractions Private Limited
About Latur Solvent Extractions Private Limited
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Latur Solvent Extractions Private Limited is a private limited company based in Latur, Maharashtra, India. It operates in the solvent and oil extraction tech segment of the chemicals and materials sector. It was incorporated on 19 January 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1998PTC113065. Its GSTIN is 27AAACL9765G1Z5 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹60.68 Lakh. It is led by directors including Vijay Shantilal Saboo and Shantilal Kishanlal Sabu.
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 Plot No 9 Opposite Marketyard Gate No 2 Manthale Nagar, Latur, Maharashtra, India – 413512.
As per the financials filed for FY 2024, the company reported a revenue of ₹564.46 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹66.26 Lakh (net margin 0.1%) and EBITDA of ₹6.17 Cr (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 16% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹76.23 Cr and satisfied charges of ₹37.9 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Latur Solvent Extractions Private Limited's registered office is in Latur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 9 Opposite Marketyard Gate No 2 Manthale Nagar, Latur, Maharashtra, India – 413512
- IndustryChemicals and Materials, Solvent & Oil Extraction Tech
To see the full contact details of Latur Solvent Extractions 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 Latur Solvent Extractions 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 |
To see the full business activity and turnover split of Latur Solvent Extractions Private Limited, buy the company report.
Financials of Latur Solvent Extractions Private Limited
FY 2024 filings availableLatur Solvent Extractions Private Limited reported revenue of ₹564.46 Cr (up 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 10% growth in the latest year. EBITDA rose 12% 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 | ₹6.17 Cr | ||||
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| Net Profit (PAT) | ₹66.26 Lakh | ||||
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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 | 1.1% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Latur Solvent Extractions Private Limited, buy the company report.
Board of directors of Latur Solvent Extractions Private Limited
Latur Solvent Extractions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Shantilal Saboo | Director | 05 May 2017 | 9 Years 6 Months | Current |
| Shantilal Kishanlal Sabu | Director | 19 Jan 1998 | 28 Years 9 Months | Current |
| Seema Shantilal Saboo | Director | 23 Jan 2003 | 23 Years 9 Months | Current |
Auditor
Latur Solvent Extractions Private Limited is audited by Falor Jhaar Khatod & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Falor Jhaar Khatod & Co. | FY 2023 | 104223W |
Shareholding
The shareholding of Latur Solvent Extractions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Latur Solvent Extractions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2025 | 101169518 | Others | ₹10 Cr | Open | |
| 30 Apr 2025 | 101105601 | Others | ₹5 Cr | Open | |
| 09 Dec 2024 | 101023017 | Others | ₹2.23 Cr | Open | |
| 25 Oct 2024 | 101003195 | Others | ₹10 Cr | Open | |
| 26 Jun 2024 | 100966107 | Others | ₹5 Cr | Open |
To see the full charge records of Latur Solvent Extractions Private Limited, buy the company report.
Total charge records: 25 View all charges
Legal cases
Latur Solvent Extractions Private Limited has 6 court cases on record: 2 filed by Latur Solvent Extractions, 4 filed against it. 5 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 4 | 4 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Andhra Pradesh | Court case (AS) | Filed against the company by M/S.Gowri Agrotech Products Private Limited | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Rasex Traders Through IT S Partner Vijay Gokuldas Majethia | Pending |
| Bombay High Court | Writ petition | Filed by the company against Rasex Traders and Another | Pending |
| Bombay High Court | Writ petition | Filed against the company by Balaji Enterprises Through Proprietor P Krishnamurthy Naidu | Pending |
| District court, Latur, Maharashtra | Civil suit | Filed by the company against Rasex Traders Other 2 | Pending |
To see the full case history of Latur Solvent Extractions 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 Latur Solvent Extractions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Latur Solvent Extractions Private Limited has a workforce of 33 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Latur Solvent Extractions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL9765G1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Latur Solvent Extractions Private Limited, buy the company report.
Recent activity
Latur Solvent Extractions Private Limited has 3 board changes on record since 1998: 3 appointments. The latest: Vijay Shantilal Saboo was appointed as Director on 05 May 2017.
42 earlier events are in the company report.
Frequently asked questions
Latur Solvent Extractions is an active private limited company based in Latur, Maharashtra, India. The company works in solvent and oil extraction tech, within the chemicals and materials industry. It was incorporated on 19 January 1998 (28+ years old) and is registered under CIN U74999MH1998PTC113065.
Latur Solvent Extractions has 3 current directors:
- Vijay Shantilal Saboo - Director
- Shantilal Kishanlal Sabu - Director
- Seema Shantilal Saboo - Director
The latest financial statements of Latur Solvent Extractions 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 Latur Solvent Extractions is 27AAACL9765G1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Latur Solvent Extractions is U74999MH1998PTC113065. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Latur Solvent Extractions has 6 court cases on record: 2 filed by the company and 4 filed against it. 5 are pending. Most are in the high courts.
Latur Solvent Extractions was incorporated on 19 January 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Vijay Shantilal Saboo was appointed as Director on 05 May 2017. Seema Shantilal Saboo was appointed as Director on 23 Jan 2003. Shantilal Kishanlal Sabu was appointed as Director on 19 Jan 1998.
The registered office of Latur Solvent Extractions is at Plot No 9 Opposite Marketyard Gate No 2 Manthale Nagar, Latur, Maharashtra, India – 413512.
Latur Solvent Extractions operates in the chemicals and materials industry, in the solvent and oil extraction tech segment.
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