MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2020-21)
- Udyam number
- UDYAM-MH-29-0013177
Rajaram Solvex Limited - chemicals and materials in Sangli, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹199.34 Cr
▲ 13% YoY
Net loss · FY 2025
₹16.91 Cr
Net margin -8.5%
EBITDA · FY 2025
-₹6.74 Cr
EBITDA margin -3.4%
Authorised capital
₹11 Cr
Registered with MCA
Paid-up capital
₹2.3 Cr
Issued & subscribed
Open charges
₹61.5 Cr
Satisfied ₹110.5 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
147
Provident fund records
About Rajaram Solvex Limited
Data last updated:
Rajaram Solvex Limited is a public limited company based in Sangli, Maharashtra, India. It operates in the solvent and oil extraction tech segment of the chemicals and materials sector. It was incorporated on 10 May 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U15141PN1991PLC061629. Its GSTIN is 27AAACR8594H1ZW (Maharashtra).
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹2.3 Cr. It is led by directors including Jayant Rajaram Patil (Whole-Time Director) and Rajvardhan Jayant Patil.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 21 M. I. D. C. Industrial Area Islampur, Sangli, Maharashtra, India – 415409.
As per the financials filed for FY 2025, the company reported a revenue of ₹199.34 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹16.91 Cr (net margin -8.5%) and EBITDA of -₹6.74 Cr (EBITDA margin -3.4%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 10% over five years.
The company has about 147 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹61.5 Cr and satisfied charges of ₹110.5 Cr on record. Court records list 19 cases involving the company, including 17 filed by the company and 2 filed against it; 4 cases are pending.
Rajaram Solvex Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-29-0013177). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rajaramgroup.com.
Company details
CIN U15141PN1991PLC061629
Registration Number 061629
Incorporation Date 10 May 1991
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-29-0013177
CIN history
Rajaram Solvex has one previous CIN (Corporate Identification Number): U15141MH1991PLC061629. The current CIN is U15141PN1991PLC061629, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15141PN1991PLC061629 | Current |
| U15141MH1991PLC061629 | Previous |
Key People
Jayant Rajaram Patil Whole-Time Director Rajvardhan Jayant Patil Director Anandrao Bajirao Kakade Director Recognitions & Rankings of Rajaram Solvex
Contact details
Rajaram Solvex Limited's registered office is in Sangli, Maharashtra. Its website is rajaramgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 21 M. I. D. C. Industrial Area Islampur, Sangli, Maharashtra, India – 415409
- IndustryChemicals and Materials, Solvent & Oil Extraction Tech
To see the full contact details of Rajaram Solvex Limited, buy the company report.
Comprehensive company report
Rajaram Solvex 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 Rajaram Solvex is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Rajaram Solvex Limited, buy the company report.
Financials of Rajaram Solvex Limited
FY 2025 filings availableRajaram Solvex Limited reported revenue of ₹199.34 Cr (up 13% YoY) for FY 2025.
Revenue · FY 2025
₹199.34 Cr ▲ 13%
Net loss · FY 2025
₹16.91 Cr margin -8.5%
EBITDA · FY 2025
-₹6.74 Cr margin -3.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▼ 14%
5 years · compounded
▼ 10%
EBITDA CAGR growth
3 years · compounded
▼ 37%
5 years · compounded
▼ 20%
Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. 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 | -₹6.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹16.91 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.4% | ||||
| Net Profit Margin | -8.5% | ||||
| Return on Equity (ROE) | |||||
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| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Rajaram Solvex Limited, buy the company report.
Board of directors of Rajaram Solvex Limited
Rajaram Solvex has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajvardhan Jayant Patil | Director | 01 Jan 2022 | 4 Years 9 Months | Current |
| Anandrao Bajirao Kakade Also directs: Futurewatt Innovations Private Limited | Director | 28 Sep 2019 | 7 Years 0 Months | Current |
| Prateek Jayant Patil | Director | 01 Jan 2022 | 4 Years 9 Months | Current |
| Prabhavati Manikrao Patil | Director | 02 Feb 2015 | 11 Years 8 Months | Current |
| Jayant Rajaram Patil | Whole-Time Director | 12 Aug 1992 | 34 Years 2 Months | Current |
| Suresh Maruti Sawant | Director | 02 Feb 2015 | 11 Years 8 Months | Current |
Auditor
Rajaram Solvex Limited is audited by Saraf Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Saraf Associates | FY 2023 | 109238W |
Shareholding
The shareholding of Rajaram Solvex 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 Rajaram Solvex Limited, buy the company report.
Charges & borrowings
Open charges
₹61.5 Cr
Satisfied charges
₹110.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Aug 2025 | 101133679 | Others | ₹20 Cr | Open | |
| 04 Feb 2025 | 101049585 | Others | ₹20 Cr | Open | |
| 22 Apr 2022 | 100574827 | Others | ₹6.5 Cr | Open | |
| 15 Jan 1999 | 10070469 | Others | ₹15 Cr | Open | |
| 21 Apr 2022 | 100565312 | Hdfc Bank Limited | ₹40 Cr | Satisfied |
To see the full charge records of Rajaram Solvex Limited, buy the company report.
Total charge records: 25 View all charges
Legal cases
Rajaram Solvex Limited has 19 court cases on record: 17 filed by Rajaram Solvex, 2 filed against it. 4 cases are pending and 15 are disposed.
Total cases
19
Filed by the company
17
Filed against the company
2
Pending
4
Disposed
15
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 1 | 3 |
| High courts | 9 | 1 | 1 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sangli, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Gurikrupa Trading Company | Pending |
| High Court, MAHARASHTRA | Appeal | Filed by the company against Union of India Represented by General Manager and Anr. and 1 other | Pending |
| District court, Sangli, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Union of India Represented by General Manager and Anr. and 1 other | Disposed |
| District court, Sangli, Maharashtra | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Rajaram Solvex 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
Rajaram Solvex Limited was last rated by Crisil on 26 May 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 26 May 2021 |
To see the full credit ratings and regulatory alerts of Rajaram Solvex Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rajaram Solvex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rajaram Solvex Limited has a workforce of 147 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
147
Active EPFO establishments
1
Employee growth
-14.04%
GST
Rajaram Solvex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACR8594H1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rajaram Solvex Limited, buy the company report.
Recent activity
Rajaram Solvex Limited has 12 board changes on record since 1992: 6 appointments and 6 cessations. The latest: Bhagat Rajaram Patil ceased to be Director on 03 Jul 2024.
AGM
Rajaram Solvex Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 09 Sep 1992 via Charge ID 90154785 with The State Industrial And Investment Corpn. Of M. Ltd. was fully satisfied on 01 Sep 2025.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101133679 was registered on 02 Aug 2025.
Charges
A charge with Others of Rs. 20.00 Cr registered on 04 Feb 2025 with Charge ID 101049585 was modified on 02 Aug 2025.
Charges
A charge registered on 03 Oct 2020 via Charge ID 100380100 with Axis Bank Limited was fully satisfied on 23 Jul 2025.
Charges
A charge registered on 21 Apr 2022 via Charge ID 100565312 with Hdfc Bank Limited was fully satisfied on 20 May 2025.
Filing
Rajaram Solvex Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101049585 was registered on 04 Feb 2025.
Ceased
Bhagat Rajaram Patil ceased to be Director.
Ceased
Prateek Jayant Patil ceased to be Additional Director.
Ceased
Rajvardhan Jayant Patil ceased to be Additional Director.
Charges
A charge registered on 29 Jun 2021 via Charge ID 100467135 with Axis Bank Limited was fully satisfied on 17 May 2022.
56 earlier events are in the company report.
Frequently asked questions
Rajaram Solvex is an active public limited company based in Sangli, Maharashtra, India. The company works in solvent and oil extraction tech, within the chemicals and materials industry. It was incorporated on 10 May 1991 (35+ years old) and is registered under CIN U15141PN1991PLC061629.
Rajaram Solvex has 6 current directors:
- Jayant Rajaram Patil - Whole-Time Director
- Rajvardhan Jayant Patil - Director
- Anandrao Bajirao Kakade - Director
- Prateek Jayant Patil - Director
- Prabhavati Manikrao Patil - Director
- Suresh Maruti Sawant - Director
The latest financial statements of Rajaram Solvex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rajaram Solvex is 27AAACR8594H1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Rajaram Solvex is U15141PN1991PLC061629. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rajaram Solvex has 19 court cases on record: 17 filed by the company and 2 filed against it. 4 are pending. Most are in the district courts.
Rajaram Solvex was incorporated on 10 May 1991, making it 35+ years old. It is registered with the Registrar of Companies, Pune.
Bhagat Rajaram Patil ceased to be Director on 03 Jul 2024. Prateek Jayant Patil ceased to be Additional Director on 04 Mar 2023. Rajvardhan Jayant Patil ceased to be Additional Director on 04 Mar 2023. Rajaram Solvex has 12 board changes on record in total.
Yes, Rajaram Solvex is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-29-0013177).
Rajaram Solvex can be reached through the website rajaramgroup.com. Its registered office is in Sangli, Maharashtra, India.