National Protein and Solvent Ltd
About National Protein and Solvent Ltd
Data last updated:
National Protein and Solvent Ltd is a public limited company based in Mehsana, Gujarat, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 13 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15411GJ1994PLC021061. Its GSTIN is 24AABCN2254P1ZB (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.45 Cr. It is led by directors including Navnitbhai Vadilal Bhavsar (Whole-Time Director) and Unmesh Rajnikant Bhavsar (Whole-Time Director).
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 452 To 455 G I D Cdediyasan, Mehsana, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.64 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹92.69 Lakh and EBITDA of ₹67,312 (EBITDA margin 14.5%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 19% over five years.
As per MCA filings, the company has satisfied charges of ₹58.8 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
National Protein and Solvent has one previous CIN (Corporate Identification Number): U15400GJ1994PLC021061. The current CIN is U15411GJ1994PLC021061, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15411GJ1994PLC021061 | Current |
| U15400GJ1994PLC021061 | Previous |
Contact details
National Protein and Solvent Ltd's registered office is in Mehsana, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address452 To 455 G I D Cdediyasan, Mehsana, Gujarat, India – 380009
- IndustryFood and Beverages, Edible Oils & Cooking Fats
To see the full contact details of National Protein and Solvent Ltd, 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 National Protein and Solvent Ltd
FY 2024 filings availableNational Protein and Solvent Ltd reported revenue of ₹4.64 Lakh (down 92% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 92% fall in the latest year. EBITDA fell 99% 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 |
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| EBITDA | ₹67,312 | ||||
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| Net Profit (PAT) | -₹92.69 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 14.5% | ||||
| Net Profit Margin | |||||
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To see the full financial statements and ratios of National Protein and Solvent Ltd, buy the company report.
Board of directors of National Protein and Solvent Ltd
National Protein and Solvent has 8 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navnitbhai Vadilal Bhavsar Also directs: Welcome Protein Limited | Whole-Time Director | 01 Sep 2002 | 24 Years 2 Months | Current |
| Unmesh Rajnikant Bhavsar | Whole-Time Director | 07 Apr 2004 | 22 Years 7 Months | Current |
| Ramesh Prahladbhai Modi Also directs: Welcome Protein Limited | Whole-Time Director | 01 Sep 2002 | 24 Years 2 Months | Current |
| Pankajkumar Narsinhbhai Patel Also directs: Welcome Protein Limited, G-One Agro Products Limited | Whole-Time Director | 01 Jul 1997 | 29 Years 4 Months | Current |
| Ravjibhai Becharbhai Patel | Whole-Time Director | 01 Sep 2002 | 24 Years 2 Months | Current |
| Amit Vasudev Bhavsar | Whole-Time Director | 31 Oct 1994 | 32 Years 0 Months | Current |
Auditor
National Protein and Solvent Ltd is audited by A L THAKKAR AND CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A L THAKKAR AND CO | FY 2022 | 120116W |
Shareholding
The shareholding of National Protein and Solvent Ltd 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of National Protein and Solvent Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2011 | 10303423 | Kalupur Commercial Co-Operative Bank Limited | ₹25 Cr | Satisfied | |
| 07 Dec 2007 | 10081320 | State Bank of India | ₹32 Cr | Satisfied | |
| 13 Aug 1996 | 90101683 | State Bank of Indore | ₹1.8 Cr | Satisfied |
To see the full charge records of National Protein and Solvent Ltd, buy the company report.
Total charge records: 3 View all charges
Legal cases
National Protein and Solvent Ltd has 5 court cases on record: 4 filed by National Protein and Solvent, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0405-Indirect Taxes Matters : Sales Tax Act (Central & various States)) | Filed against the company by The State of Gujarat Commercial Tax Commissioner Commerrcial Tax Bhavan Commercial Tax Commissioner Commercial Tax Bhawan, Ashram Road , District: Ahmedabad ,Ahmedabad , Gujarat and 10 others | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed by the company against Commissioner of Commercial Tax | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed by the company against Commissioner of Commercial Tax, Sales Tax Bhavan, | Disposed |
| District court, Ahmedabad, Gujarat | Court case (APPLN ESI) | Filed by the company against E.S.I. Corporation | Disposed |
To see the full case history of National Protein and Solvent Ltd, 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 National Protein and Solvent Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
National Protein and Solvent has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCN2254P1ZB | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of National Protein and Solvent Ltd, buy the company report.
Recent activity
National Protein and Solvent Ltd has 10 board changes on record since 1994: 9 appointments and 1 cessation. The latest: Arvindkumar Amaratlal Modi ceased to be Whole-Time Director on 27 Dec 2022.
10 earlier events are in the company report.
Frequently asked questions
National Protein and Solvent is an active public limited company based in Mehsana, Gujarat, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 13 January 1994 (32+ years old) and is registered under CIN U15411GJ1994PLC021061.
National Protein and Solvent has 8 current directors:
- Navnitbhai Vadilal Bhavsar - Whole-Time Director
- Unmesh Rajnikant Bhavsar - Whole-Time Director
- Ramesh Prahladbhai Modi - Whole-Time Director
- Pankajkumar Narsinhbhai Patel - Whole-Time Director
- Ravjibhai Becharbhai Patel - Whole-Time Director
- Amit Vasudev Bhavsar - Whole-Time Director
- Pravinkumar Jayantilal Modi - Whole-Time Director
- Bhagwanbhai Becharbhai Patel - Whole-Time Director
The latest financial statements of National Protein and Solvent 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 National Protein and Solvent is 24AABCN2254P1ZB, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of National Protein and Solvent is U15411GJ1994PLC021061. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
National Protein and Solvent has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the high courts.
National Protein and Solvent was incorporated on 13 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Arvindkumar Amaratlal Modi ceased to be Whole-Time Director on 27 Dec 2022. Unmesh Rajnikant Bhavsar was appointed as Whole-Time Director on 07 Apr 2004. Arvindkumar Amaratlal Modi was appointed as Whole-Time Director on 01 Sep 2002. National Protein and Solvent has 10 board changes on record in total.
The registered office of National Protein and Solvent is at 452 To 455 G I D Cdediyasan, Mehsana, Gujarat, India – 380009.
National Protein and Solvent operates in the food and beverages industry, in the edible oils and cooking fats segment.
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