About S. K. Solvent (I) Private Limited
Data last updated:
S. K. Solvent (I) Private Limited is a private limited company based in Arang, Chhattisgarh, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 01 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U15143CT2010PTC021529. Its GSTIN is 22AANCS7806C1ZH (Chattisgarh).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹61.73 Lakh. It is led by directors including Mukund Agrawal and Akshay Agrawal.
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 Village – Rasni Tehsil – Arang Dist. Raipur (C.G) – 493441., Chhattisgarh, India – 493441.
As per the financials filed for FY 2025, the company reported a revenue of ₹221.67 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹2.51 Cr (net margin -1.1%) and EBITDA of -₹47.77 Lakh (EBITDA margin -0.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 13% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.92 Cr and satisfied charges of ₹3 Cr on record. Court records list 5 cases involving the company, including 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sksolvent.org.
Company details
Contact details
S. K. Solvent (I) Private Limited's registered office is in Arang, Chhattisgarh. Its website is sksolvent.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVillage – Rasni Tehsil – Arang Dist. Raipur (C.G) – 493441., Chhattisgarh, India – 493441
- IndustryFood and Beverages, Edible Oils & Cooking Fats
To see the full contact details of S. K. Solvent (I) 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
Business activity
The main business activities of S. K. Solvent (I) are manufacturing and trade. In detail, this covers food, beverages and tobacco products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of S. K. Solvent (I) Private Limited, buy the company report.
Financials of S. K. Solvent (I) Private Limited
FY 2024 filings availableS. K. Solvent (I) Private Limited reported revenue of ₹221.67 Cr (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 25% growth in the latest year. EBITDA fell 124% 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 | -₹47.77 Lakh | ||||
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| Net Profit (PAT) | -₹2.51 Cr | ||||
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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 | -0.2% | ||||
| Net Profit Margin | -1.1% | ||||
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To see the full financial statements and ratios of S. K. Solvent (I) Private Limited, buy the company report.
Board of directors of S. K. Solvent (I) Private Limited
S. K. Solvent (I) has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukund Agrawal | Director | 02 Aug 2023 | 3 Years 2 Months | Current |
| Akshay Agrawal | Director | 06 Jul 2020 | 6 Years 3 Months | Current |
| Atul Agrawal | Director | 01 Oct 2014 | 12 Years 0 Months | Current |
| Vishnu Prasad Agrawal Also directs: Times Viniyog Ltd., The Solvent Extractors Association of India | Director | 01 Jan 2010 | 16 Years 9 Months | Current |
Peer comparison
S. K. Solvent (I) Private Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Edible Oils, Solvent Extraction), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| K L. Vegetable Oil Products Private Limited | ₹222.65 Cr (FY 2025) | 10.0% | Hapur, Uttar Pradesh, India | |||
| Maithri Solvents Private Limited | ₹222.21 Cr (FY 2025) | 91.0% | Siddipet, Telangana, India | |||
| S. K. Solvent (I) Private Limitedthis company | ₹221.67 Cr (FY 2025) | -₹2.51 Cr | -1.1% | 25.0% | 17 | Arang, Chhattisgarh, India |
| Shree Siddhivinayaka Agro Extractions Private Limited | ₹221.25 Cr (FY 2025) | 79.0% | Medak, Telangana, India | |||
| Srevee Edible Oils Private Limited | ₹216.87 Cr (FY 2024) | 15.0% | Erode, Tamil Nadu, India | |||
| S.P.Solvent Private Limited | ₹216.64 Cr (FY 2025) | 10.0% | Uttarakhand, India |
To see the full peer comparison of S. K. Solvent (I) Private Limited, buy the company report.
Auditor
S. K. Solvent (I) Private Limited is audited by Pukhraj & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pukhraj & Associates | FY 2023 | 002013C |
Shareholding
The shareholding of S. K. Solvent (I) Private 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 S. K. Solvent (I) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Feb 2025 | 101061473 | State Bank of India | ₹1.59 Cr | Open | |
| 24 Sep 2015 | 10597491 | State Bank of India | ₹11.33 Cr | Open | |
| 23 May 2014 | 10509224 | State Bank of India | ₹3 Cr | Satisfied |
To see the full charge records of S. K. Solvent (I) Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
S. K. Solvent (I) Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
Cases on record (1 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raipur, Chhattisgarh | Court case (VC Traffic Summary) | Filed against the company by CG State | Disposed |
To see the full case history of S. K. Solvent (I) 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
S. K. Solvent (I) Private Limited was last rated by Crisil on 21 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 21 Jun 2021 |
To see the full credit ratings and regulatory alerts of S. K. Solvent (I) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for S. K. Solvent (I) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
S. K. Solvent (I) Private Limited has a workforce of 17 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
S. K. Solvent (I) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AANCS7806C1ZH | Chattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of S. K. Solvent (I) Private Limited, buy the company report.
Recent activity
S. K. Solvent (I) Private Limited has 5 board changes on record since 2010: 4 appointments and 1 cessation. The latest: Mukund Agrawal was appointed as Director on 02 Aug 2023.
1 earlier event is in the company report.
Frequently asked questions
S. K. Solvent (I) is an active private limited company based in Arang, Chhattisgarh, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 01 January 2010 (16+ years old) and is registered under CIN U15143CT2010PTC021529.
S. K. Solvent (I) has 4 current directors:
- Mukund Agrawal - Director
- Akshay Agrawal - Director
- Atul Agrawal - Director
- Vishnu Prasad Agrawal - Director
The latest financial statements of S. K. Solvent (I) 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 S. K. Solvent (I) is 22AANCS7806C1ZH, registered in Chattisgarh.
The CIN (Corporate Identification Number) of S. K. Solvent (I) is U15143CT2010PTC021529. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S. K. Solvent (I) has 5 court cases on record: 5 filed against it.
S. K. Solvent (I) was incorporated on 01 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of S. K. Solvent (I) by revenue are K L. Vegetable Oil Products Private Limited, Maithri Solvents Private Limited, Shree Siddhivinayaka Agro Extractions Private Limited, Srevee Edible Oils Private Limited, S.P.Solvent Private Limited, all in the Chemicals industry (Edible Oils, Solvent Extraction), with the same principal business activity (food, beverages and tobacco products).
Mukund Agrawal was appointed as Director on 02 Aug 2023. Akshay Agrawal was appointed as Director on 06 Jul 2020. Bihari Lal Agrawal ceased to be Director on 30 Nov 2014. S. K. Solvent (I) has 5 board changes on record in total.
S. K. Solvent (I) can be reached through the website sksolvent.org. Its registered office is in Arang, Chhattisgarh, India.
The registered office of S. K. Solvent (I) is at Village – Rasni Tehsil – Arang Dist. Raipur C.G – 493441., Chhattisgarh, India – 493441.