Narula Solvex Private Limited
About Narula Solvex Private Limited
Data last updated:
Narula Solvex Private Limited is a private limited company based in Guruharsahai, Punjab, India. It operates in the solvent and oil extraction tech segment of the chemicals and materials sector. It was incorporated on 10 January 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U15143PB2003PTC025710. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹4.1 Cr and a paid-up capital of ₹3 Cr. It is led by directors Ravi Narula and Ashok Kumar Narula.
Its last annual general meeting (AGM) was held on 31 October 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Rishi Chownk Guruharsahai, Punjab, India – 152022.
As per the financials filed for FY 2015, the company reported a revenue of ₹56.13 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹8.86 Lakh (net margin 0.2%) and EBITDA of ₹2.03 Cr (EBITDA margin 3.6%).
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹28.2 Cr on record. Court records list 12 cases involving the company, including 8 filed by the company and 6 filed against it; 3 cases are pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹4.2 Cr; the latest was in January 2015. Its 10 peer companies in the Chemicals industry (Solvent Extraction) are compared by revenue, 5 larger and 5 smaller; the largest is Sri Venkata Srinivasa Oils Private Limited with revenue of ₹64.44 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Narula Solvex Private Limited's registered office is in Guruharsahai, Punjab. Its e-mail address is in the company report.
- Email
- Registered AddressRishi Chownk Guruharsahai, Punjab, India – 152022
- IndustryChemicals and Materials, Solvent & Oil Extraction Tech
To see the full contact details of Narula 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 Narula Solvex Private Limited
FY 2015 filings availableNarula Solvex Private Limited reported revenue of ₹56.13 Cr (up 17% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 17% in the latest year. EBITDA fell 19% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹56.13 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹2.03 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹8.86 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 3.6% |
| Net Profit Margin | 0.2% |
| 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 Narula Solvex Private Limited, buy the company report.
Board of directors of Narula Solvex Private Limited
Narula Solvex has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Narula Also directs: Sat Kartar Solvex Private Limited, Narula Foods Private Limited | Director | 10 Jan 2003 | 23 Years 9 Months | Current |
| Ashok Kumar Narula Also directs: Sat Kartar Solvex Private Limited, Narula Foods Private Limited | Director | 10 Jan 2003 | 23 Years 9 Months | Current |
Peer comparison
Narula Solvex Private Limited is compared with the 10 companies closest to it by revenue in the Chemicals industry (Solvent Extraction), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sri Venkata Srinivasa Oils Private Limited | ₹64.44 Cr (FY 2025) | -4.0% | Andhra Pradesh, India | |||
| Shri Ram Solvent Extractions Private Limited | ₹63.24 Cr (FY 2025) | 8.0% | Jaspur, Uttarakhand, India | |||
| Indian Soya Industries Private Limited | ₹62.49 Cr (FY 2018) | -37.0% | Indore, Madhya Pradesh, India | |||
| Sri Dakshinamurthy Agro Industries Private Limited | ₹62.22 Cr (FY 2017) | Hyderabad, Telangana, India | ||||
| Raavi Agro Oils Private Limited | ₹61.05 Cr (FY 2025) | -41.0% | Gudivada, Andhra Pradesh, India | |||
| Narula Solvex Private Limitedthis company | ₹56.13 Cr (FY 2015) | ₹8.86 Lakh | 0.2% | 17.0% | Guruharsahai, Punjab, India | |
| Sri Priyanka Geo Commex Limited | ₹55.05 Cr (FY 2022) | -17.0% | Chennai, Tamil Nadu, India | |||
| Mahakal Agro Foods and Solvent Private Limited | ₹52.02 Cr (FY 2025) | 58.0% | Gwalior, Madhya Pradesh, India | |||
| Khamgaon Oil Refinery Limited | ₹50.67 Cr (FY 2025) | -65.0% | Khamgaon, Maharashtra, India | |||
| Shiv Shakti Ginning and Pressing Private Limited | ₹48.33 Cr (FY 2024) | 5.0% | Adipur, Gujarat, India | |||
| Maa Joytara Rice Mill Private Limited | ₹45.87 Cr (FY 2024) | -2.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Narula Solvex Private Limited, buy the company report.
Auditor
Narula Solvex Private Limited is audited by ANIL SOOD & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL SOOD & ASSOCIATES | FY 2015 | 004985N |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Feb 2015 | 10556803 | Bank of India | ₹20 Lakh | Open | |
| 16 Jan 2015 | 10549981 | Bank of India | ₹1 Cr | Open | |
| 14 Nov 2013 | 10463101 | Bank of India | ₹3 Cr | Open | |
| 14 Nov 2013 | 10463106 | Bank of India | ₹9 Cr | Open | |
| 05 Sep 2008 | 10133866 | Bank of India | ₹2.65 Cr | Open |
To see the full charge records of Narula Solvex Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Narula Solvex Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹4.2 Cr; the latest was in January 2015.
Deals on record (4 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2015 | Funding round | ₹3 Cr | Investors: 4 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Jan 2013 | Funding round | ₹63.5 Lakh | Investors: 4 individuals |
| Aug 2008 | Funding round | ₹56.5 Lakh | Investors: 4 individuals |
To see the full deal history of Narula Solvex Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Narula Solvex Private Limited has 12 court cases on record: 8 filed by Narula Solvex, 6 filed against it. 3 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 5 | 3 |
| District courts | 5 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Tax appeal | Filed against the company by M/S Narula Solvex Pvt. Ltd. and 1 other | Disposed |
| High Court of Punjab and Haryana | Tax appeal | Filed against the company by M/S Narula Solvex Pvt Ltd and 1 other | Disposed |
| High Court | Tax appeal | Filed by the company against M/S Narula Solvex Pvt. Ltd. and 1 other | Disposed |
| High Court of Punjab and Haryana | Tax appeal | Filed by the company against M/S Narula Solvex Pvt. Ltd. | Disposed |
| District court, Malerkotla, Punjab | Civil suit | Filed against the company by Rattan Poultries Private Limited | Disposed |
To see the full case history of Narula 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
Narula Solvex Private Limited was last rated by Icra on 17 May 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 17 May 2020 |
To see the full credit ratings and regulatory alerts of Narula Solvex Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Narula Solvex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Narula Solvex 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 Narula Solvex Private Limited, buy the company report.
Recent activity
Narula Solvex Private Limited has 3 board changes on record since 2003: 2 appointments and 1 cessation. The latest: Seema Rani Narula ceased to be Director on 23 Feb 2015.
9 earlier events are in the company report.
Frequently asked questions
Narula Solvex is an active private limited company based in Guruharsahai, Punjab, India. The company works in solvent and oil extraction tech, within the chemicals and materials industry. It was incorporated on 10 January 2003 (23+ years old) and is registered under CIN U15143PB2003PTC025710.
Narula Solvex has 2 current directors:
- Ravi Narula - Director
- Ashok Kumar Narula - Director
The latest financial statements of Narula Solvex on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 31 October 2015. Year-wise statements from 2015 are in the company report.
No. Narula Solvex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Narula Solvex is U15143PB2003PTC025710. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Narula Solvex has 12 court cases on record: 8 filed by the company and 6 filed against it. 3 are pending. Most are in the high courts.
Narula Solvex was incorporated on 10 January 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chandigarh.
Narula Solvex has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹4.2 Cr; the latest was in January 2015.
The peers of Narula Solvex by revenue are Sri Venkata Srinivasa Oils Private Limited, Shri Ram Solvent Extractions Private Limited, Indian Soya Industries Private Limited, Sri Dakshinamurthy Agro Industries Private Limited, Raavi Agro Oils Private Limited and 5 more, all in the Chemicals industry (Solvent Extraction).
Seema Rani Narula ceased to be Director on 23 Feb 2015. Ashok Kumar Narula was appointed as Director on 10 Jan 2003. Ravi Narula was appointed as Director on 10 Jan 2003.
The registered office of Narula Solvex is at Rishi Chownk Guruharsahai, Punjab, India – 152022.