MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KR-02-0010467
LN Solvents Private Limited
LN Solvents Private Limited - chemicals and materials in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.69 Cr
▼ 15% YoY
Net profit · FY 2025
₹20.41 Lakh
Net margin 3.1%
EBITDA · FY 2025
₹66.84 Lakh
EBITDA margin 10%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹15 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
About LN Solvents Private Limited
Data last updated:
LN Solvents Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Banashankari Chemicals Private Limited. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 17 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24110KA2021PTC147568. Its GSTIN is 29AAECL6187E1Z7 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Gangadharaiah Harsha and Govindaiah Nelamangala Murthy.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plotno.11 – B1 KIADB Indlarea Chokkahalli Village Kasaba Hobli Hoskote Taluk, Bangalore, Karnataka, India – 562114.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.69 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹20.41 Lakh (net margin 3.1%) and EBITDA of ₹66.84 Lakh (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 105% over three years.
As per MCA filings, the company has open charges of ₹15 Cr on record.
LN Solvents Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0010467).
Company details
CIN U24110KA2021PTC147568
Registration Number 147568
Incorporation Date 17 May 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Banashankari Chemicals Private Limited
MSME Classification Micro
Udyam Registration UDYAM-KR-02-0010467
Key People
Gangadharaiah Harsha Director Govindaiah Nelamangala Murthy Director Manjunath Govindaiah Director Recognitions & Rankings of LN Solvents
Contact details
LN Solvents Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlotno.11 – B1 KIADB Indlarea Chokkahalli Village Kasaba Hobli Hoskote Taluk, Bangalore, Karnataka, India – 562114
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of LN Solvents Private Limited, buy the company report.
Comprehensive company report
LN Solvents Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of LN Solvents is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of LN Solvents Private Limited, buy the company report.
Financials of LN Solvents Private Limited
FY 2025 filings availableLN Solvents Private Limited reported revenue of ₹6.69 Cr (down 15% YoY) for FY 2025.
Revenue · FY 2025
₹6.69 Cr ▼ 15%
Net profit · FY 2025
₹20.41 Lakh margin 3.1%
EBITDA · FY 2025
₹66.84 Lakh margin 10%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 105%
EBITDA CAGR growth
1 year
▲ 127%
3 years · compounded
▲ 110%
Revenue fell 15% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 105%. EBITDA rose 127% 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 |
|---|---|---|---|---|
| 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 | ₹66.84 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹20.41 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 10% | |||
| Net Profit Margin | 3.1% | |||
| 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 | ||||
To see the full financial statements and ratios of LN Solvents Private Limited, buy the company report.
Board of directors of LN Solvents Private Limited
LN Solvents has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gangadharaiah Harsha Also directs: LN Breweries Private Limited, BSK Solvents & Chemicals Private Limited, LN Life Sciences Private Limited and 1 more | Director | 17 May 2021 | 5 Years 5 Months | Current |
| Govindaiah Nelamangala Murthy Also directs: Roots and Shoots Retail LLP, LN Breweries Private Limited, BSK Solvents & Chemicals Private Limited and 3 more | Director | 17 May 2021 | 5 Years 5 Months | Current |
| Manjunath Govindaiah Also directs: Roots and Shoots Retail LLP, LN Breweries Private Limited, BSK Solvents & Chemicals Private Limited and 3 more | Director | 17 May 2021 | 5 Years 5 Months | Current |
Peer comparison
LN Solvents Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Industrial Chemicals, Plastics and Resins), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Link Polymer & Chemtech Private Limited | ₹6.78 Cr (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Caprolactam Chemicals Limited | ₹6.75 Cr (FY 2025) | -5.0% | Mahad, Maharashtra, India | |||
| LN Solvents Private Limitedthis company | ₹6.69 Cr (FY 2025) | ₹20.41 Lakh | 3.1% | -15.0% | Bangalore, Karnataka, India | |
| Lara Industries Private Limited | ₹6.66 Cr (FY 2025) | -46.0% | New Delhi, Delhi, India | |||
| Synthetics and Polymers Private Limited | ₹6.65 Cr (FY 2025) | 34.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of LN Solvents Private Limited, buy the company report.
Auditor
LN Solvents Private Limited is audited by BALAKRISHNA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALAKRISHNA & CO | FY 2023 | 004835S |
Shareholding
The shareholding of LN Solvents Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of LN Solvents Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2022 | 100642702 | Canara Bank | ₹15 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving LN Solvents Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for LN Solvents Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
LN Solvents Private Limited has 1 active EPFO establishment as of Apr 02, 2024.
Active EPFO establishments
1
GST
LN Solvents has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECL6187E1Z7 | Karnataka | Active | 07 Jun 2021 |
| 29AAECL6187E2Z6 | Karnataka | Active | 23 Jan 2023 |
To see the full GST registrations and return filing status of LN Solvents Private Limited, buy the company report.
Recent activity
LN Solvents Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Gangadharaiah Harsha was appointed as Director on 17 May 2021.
AGM
Ln Solvents Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Ln Solvents Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Canara Bank amounted to Rs. 1,500.00 Lakh with Charge ID 100642702 was registered on 22 Sep 2022.
Appointed
Gangadharaiah Harsha was appointed as Director.
Appointed
Govindaiah Nelamangala Murthy was appointed as Director.
Appointed
Manjunath Govindaiah was appointed as Director.
Incorporation
17 May 2021
Ln Solvents Private Limited was registered on 17 May 2021 with Roc Bangalore & aged 5 years 5 months as per MCA records.
Frequently asked questions
LN Solvents is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 17 May 2021 (5+ years old) and is registered under CIN U24110KA2021PTC147568.
LN Solvents has 3 current directors:
- Gangadharaiah Harsha - Director
- Govindaiah Nelamangala Murthy - Director
- Manjunath Govindaiah - Director
The latest financial statements of LN Solvents on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of LN Solvents is 29AAECL6187E1Z7, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAECL6187E2Z6 (Karnataka).
The CIN (Corporate Identification Number) of LN Solvents is U24110KA2021PTC147568. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
LN Solvents was incorporated on 17 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of LN Solvents by revenue are Link Polymer & Chemtech Private Limited, Caprolactam Chemicals Limited, Lara Industries Private Limited, Synthetics and Polymers Private Limited, all in the Manufacturing industry (Industrial Chemicals, Plastics and Resins), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Gangadharaiah Harsha was appointed as Director on 17 May 2021. Govindaiah Nelamangala Murthy was appointed as Director on 17 May 2021. Manjunath Govindaiah was appointed as Director on 17 May 2021.
Yes, LN Solvents is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-02-0010467).
The registered office of LN Solvents is at Plotno.11 – B1 KIADB Indlarea Chokkahalli Village Kasaba Hobli Hoskote Taluk, Bangalore, Karnataka, India – 562114.
LN Solvents operates in the chemicals and materials industry, in the industrial chemicals segment.
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