- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-15-0000355

Sai Solvex Private Limited
About Sai Solvex Private Limited
Data last updated:
Sai Solvex Private Limited is a private limited company based in Muktsar, Punjab, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 18 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U15495PB2015PTC039754. Its GSTIN is 03AAWCS1945F1Z6 (Punjab).
The company has an authorised share capital of ₹4.75 Cr and a paid-up capital of ₹4.52 Cr. It is led by directors Vijay Kumar and Rahul Saluja.
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 74 New Grain Market, Muktsar, Punjab, India – 152026.
As per the financials filed for FY 2025, the company reported a revenue of ₹47.67 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹51.48 Lakh (net margin 1.1%) and EBITDA of ₹2.16 Cr (EBITDA margin 4.5%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 6% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.25 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹4.51 Cr; the latest was in January 2023. Its 10 peer companies in the Food and Beverages industry (Edible Oils) are compared by revenue, 5 larger and 5 smaller; the largest is Kanhaiya Solvex Private Limited with revenue of ₹49.34 Cr.
Sai Solvex Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-15-0000355). The current compliance status is marked as compliant by the Registrar of Companies.
Recognitions & Rankings of Sai Solvex
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address74 New Grain Market, Muktsar, Punjab, India – 152026
- IndustryFood and Beverages, Edible Oils & Cooking Fats
- 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
- One PDF report, delivered after checkout
Business Activity of Sai Solvex Private Limited
The main business activity of Sai Solvex is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sai Solvex Private Limited FY 2025 filings available
Sai Solvex Private Limited reported revenue of ₹47.67 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sai Solvex Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 15% fall in the latest year. EBITDA fell 2% 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 of Sai Solvex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.16 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹51.48 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 of Sai Solvex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sai Solvex are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Sai Solvex Private Limited
Sai 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 |
|---|---|---|---|---|
| Vijay Kumar | Director | 18 Sep 2015 | 11 Years 1 Months | Current |
| Rahul Saluja | Director | 18 Sep 2015 | 11 Years 1 Months | Current |
Peer Comparison of Sai Solvex Private Limited
Sai Solvex Private Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Edible Oils). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kanhaiya Solvex Private Limited | ₹49.34 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Punjab, India |
| Sahaj Oil & Food Private Limited | ₹49.02 Cr (FY 2025) | •••• | •••• | •••• | Gandhinagar, Gujarat, India | |
| Kissan Solvex Private Limited | ₹48.95 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Punjab, India |
| Jugal Kishore Vanaspati Products Private Limited | ₹48.19 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Bikaner, Rajasthan, India |
| Novatech Oil (I) Private Limited | ₹48.05 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Salbani, West Bengal, India |
| Sai Solvex Private Limited this company | ₹47.67 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Muktsar, Punjab, India |
| T R Solvent Oils Private Limited | ₹47.66 Cr (FY 2022) | •••• | •••• | 50.0% | •••• | New Delhi, Delhi, India |
| Mahakaleshwar Oils Private Limited | ₹47.6 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Morena, Madhya Pradesh, India |
| Moloco Dairy Products Private Limited | ₹47.59 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Dewas, Madhya Pradesh, India |
| Balaji Cotton Fibers Private Limited | ₹47.36 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Indore, Madhya Pradesh, India |
| Awadh Oils Private Limited | ₹46.95 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | Morena, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Sai Solvex by revenue in the Food and Beverages industry (Edible Oils), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sai Solvex Private Limited
Sai Solvex Private Limited is audited by RAKESH BANSAL & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAKESH BANSAL & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Sai Solvex Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sai Solvex Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Nov 2022 | Hdfc Bank Limited | ₹49.58 Lakh | Open |
| 25 Sep 2020 | Hdfc Bank Limited | ₹10.95 Cr | Open |
| 22 Mar 2016 | Others | ₹6.8 Cr | Open |
Total charge records: 3 View all charges
Deals & Funding of Sai Solvex Private Limited
Sai Solvex Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹4.51 Cr; the latest was in January 2023.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2016 | Funding round | ₹4.51 Cr | Investors: 4 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Sai Solvex Private Limited
Sai Solvex Private Limited has 3 court cases on record: 2 filed by Sai Solvex, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed against the company by Union of India | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Union of India and Others | Disposed |
| District court, Sri Muktsar Sahib, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Sai Solvex Private Limited
Sai Solvex Private Limited has a workforce of 2 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Sai Solvex Private Limited
Sai Solvex Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Rahul Saluja was appointed as Director on 18 Sep 2015.
Credit Ratings, Litigation & Regulatory Alerts for Sai Solvex Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sai Solvex Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sai Solvex Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sai Solvex Private Limited
Sai Solvex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAWCS1945F1Z6 | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sai Solvex Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sai Solvex Private Limited
Sai Solvex is an active private limited company based in Muktsar, Punjab, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 18 September 2015 (11+ years old) and is registered under CIN U15495PB2015PTC039754.
Sai Solvex reported revenue of ₹47.67 Cr for FY 2025 (down 15% YoY).
Sai Solvex has 2 current directors:
- Vijay Kumar - Director
- Rahul Saluja - Director
Sai Solvex reported a net profit of ₹51.48 Lakh (net margin 1.1%) and EBITDA of ₹2.16 Cr (EBITDA margin 4.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sai Solvex is -19% over three years and -6% over five years. In the latest year (FY 2025) revenue fell 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sai Solvex is 03AAWCS1945F1Z6, registered in Punjab.
The CIN (Corporate Identification Number) of Sai Solvex is U15495PB2015PTC039754. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Solvex has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the district courts.
Sai Solvex was incorporated on 18 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chandigarh.
Sai Solvex has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹4.51 Cr; the latest was in January 2023.
The peers of Sai Solvex by revenue are Kanhaiya Solvex Private Limited, Sahaj Oil & Food Private Limited, Kissan Solvex Private Limited, Jugal Kishore Vanaspati Products Private Limited, Novatech Oil (I) Private Limited and 5 more, all in the Food and Beverages industry (Edible Oils).