Rajaram Solvex Limited logo

Rajaram Solvex Limited

Soya bean oil extraction and refining company with large production capacity in Maharashtra.
1991 | Sangili, Maharashtra (India) | Active

Last Updated:

June 29, 2024
HomeCompanyRajaram Solvex Limited

Who are the key members and board of directors at Rajaram Solvex?

Board Members(7)

NameDesignationAppointment DateStatus
Suresh Sawant In Director 02-Feb-2015Current
Bhagat Patil In Director 12-Aug-1992Current
Jayant Patil In Whole-Time Director 12-Aug-1992Current
Prabhavati Patil In Director 02-Feb-2015Current
Prateek Patil In Director 01-Jan-2022Current
Rajvardhan Patil In Director 01-Jan-2022Current

Financial Performance and Corporate Structure Insights of Rajaram Solvex.

Rajaram Solvex Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 41.09% decrease. The company also saw a substantial fall in profitability, with a 69.58% decrease in profit. The company's net worth moved up by a moderate rise of 0.86%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-41.09%
Revenue from Operations
-41.39%
Total Assets
-23.91%
Profit or Loss
-69.58%
Net Worth
0.86%
EBITDA
-48.19%

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Charges (Loans)

Open Charges Satisfied Charges

₹63.55 Cr

₹68.45 Cr

LenderAmountStatus

Others

Creation Date: 22 Apr 2022
₹6.50 CrOpen

Hdfc Bank Limited

Creation Date: 21 Apr 2022
₹40.00 CrOpen

Axis Bank Limited

Creation Date: 03 Oct 2020
₹6.00 MOpen

How Many Employees Work at Rajaram Solvex?

Rajaram Solvex has a workforce of 147 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Graph

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Latest Updates, News, and FAQs on Rajaram Solvex

Recent activity within the organization

  • Annual General Meeting

    Rajaram Solvex Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Rajaram Solvex Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge registered on 29 Jun 2021 via Charge ID 100467135 with Axis Bank Limited was fully satisfied on 17 May 2022.

    17 May 2022

  • Charges

    A charge with Others amounted to Rs. 6.50 Cr with Charge ID 100574827 was registered on 22 Apr 2022.

    22 Apr 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 40.00 Cr registered on 21 Apr 2022 with Charge ID 100565312 was modified on 22 Apr 2022.

    22 Apr 2022

  • Charges

    A charge registered on 30 Sep 1998 via Charge ID 90154581 with The Bank Of Baroda was fully satisfied on 22 Apr 2022.

    22 Apr 2022

Frequently asked questions

  • Rajaram Solvex Limited was incorporated on 10 May 1991.

  • The authorized share capital of Rajaram Solvex Limited is ₹ 11.00 Cr and paid-up capital is ₹ 2.30 Cr.

  • Currently 7 directors are associated with Rajaram Solvex Limited.

    • Jayant Rajaram Patil
    • Bhagat Rajaram Patil
    • Prabhavati Manikrao Patil
    • Prateek Jayant Patil
    • Suresh Maruti Sawant
    • Rajvardhan Jayant Patil
    • Anandrao Bajirao Kakade
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rajaram Solvex Limited is A-21 M. I. D. C. Industrial Area Islampur, Sangili, Maharashtra, India, 415409.

  • The corporate identification number (CIN) of Rajaram Solvex Limited is U15141PN1991PLC061629 and the company number is 061629 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rajaram Solvex Limited is https://www.rajaramgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rajaram Solvex Limited has fallen by -41.09%.

  • As Per 2023 financial reports, 147 employees are currently employed by Rajaram Solvex Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rajaram Solvex Limited has experienced an upsurge of 0.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rajaram Solvex Limited amount to ₹ 63.55 Cr.

  • The most recent Balance Sheet for Rajaram Solvex Limited was filed with the ROC on 31 Mar 2023.

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