Saklecha Solventex Private Limited
About Saklecha Solventex Private Limited
Data last updated:
Saklecha Solventex Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 13 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15400KA2011PTC056617. Its GSTIN is 29AAPCS6491K1ZD (Karnataka).
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹2.25 Cr. It is led by directors including Saklecha Mahendra Kumar (Managing Director) and Yashoda Mahendra Kumar Saklecha.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹95.79 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹42.06 Lakh (net margin -0.4%) and EBITDA of ₹82.6 Lakh (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 5% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹14.59 Cr and satisfied charges of ₹20 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressFlat No.302 2nd Floor 112 Narayanpillai Street Bharathinagar, Ward, Bangalore, Karnataka, India – 560001
- 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 Saklecha Solventex Private Limited
The main business activity of Saklecha Solventex 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.
Auditor Details of Saklecha Solventex Private Limited
Saklecha Solventex Private Limited is audited by T.R. Anjanappa for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T.R. Anjanappa | 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.
Board of Directors of Saklecha Solventex Private Limited
Saklecha Solventex 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 |
|---|---|---|---|---|
| Saklecha Mahendra Kumar Also directs: Saklecha Extractions LLP, Saklecha Agro Oil Foods Private Limited | Managing Director | 13 Jan 2011 | 15 Years 8 Months | Current |
| Yashoda Mahendra Kumar Saklecha Also directs: Saklecha Agro Oil Foods Private Limited | Director | 13 Jan 2011 | 15 Years 8 Months | Current |
| Chethan Prakashchand Jain | Director | 13 Jan 2011 | 15 Years 8 Months | Current |
| Hitesh Saklecha Also directs: Saklecha Extractions LLP, Saklecha Agro Oil Foods Private Limited | Director | 13 Jan 2011 | 15 Years 8 Months | Current |
Financials of Saklecha Solventex Private Limited FY 2024 filings available
Saklecha Solventex Private Limited reported revenue of ₹95.79 Cr (down 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Saklecha Solventex Private Limited
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 81% 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 Saklecha Solventex Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹82.6 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹42.06 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 Saklecha Solventex Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.4% | •••• | •••• | •••• | •••• |
| 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 Saklecha Solventex are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Saklecha Solventex 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 Saklecha Solventex Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Sep 2024 | Axis Bank Limited | ₹1.34 Cr | Open |
| 07 Sep 2021 | Axis Bank Limited | ₹50 Lakh | Open |
| 25 Oct 2020 | Axis Bank Limited | ₹74.9 Lakh | Open |
| 19 Jan 2019 | Axis Bank Limited | ₹12 Cr | Open |
| 19 Mar 2016 | Others | ₹10 Cr | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Saklecha Solventex Private Limited
Saklecha Solventex Private Limited has a workforce of 33 employees as of Apr 06, 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.
GST Compliance of Saklecha Solventex Private Limited
Saklecha Solventex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAPCS6491K1ZD | Karnataka | 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.
Legal Cases of Saklecha Solventex Private Limited
Saklecha Solventex Private Limited has 1 court case on record: 1 filed by Saklecha Solventex. All case is disposed. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Assistant Commissioner of | Disposed |
Full case history
All 1 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.
Credit Ratings, Litigation & Regulatory Alerts for Saklecha Solventex 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 Saklecha Solventex 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 Saklecha Solventex 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.
MCA Filings & Documents of Saklecha Solventex 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.
Recent Activity on Saklecha Solventex Private Limited
Frequently Asked Questions about Saklecha Solventex Private Limited
Saklecha Solventex is an active private limited company based in Bangalore, Karnataka, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 13 January 2011 (15+ years old) and is registered under CIN U15400KA2011PTC056617.
Saklecha Solventex reported revenue of ₹95.79 Cr for FY 2024 (down 22% YoY).
Saklecha Solventex has 4 current directors:
- Saklecha Mahendra Kumar - Managing Director
- Yashoda Mahendra Kumar Saklecha - Director
- Chethan Prakashchand Jain - Director
- Hitesh Saklecha - Director
Saklecha Solventex reported a net loss of ₹42.06 Lakh (net margin -0.4%) and EBITDA of ₹82.6 Lakh (EBITDA margin 0.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Saklecha Solventex is 4% over three years and 5% over five years. In the latest year (FY 2024) revenue fell 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Saklecha Solventex is 29AAPCS6491K1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Saklecha Solventex is U15400KA2011PTC056617. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saklecha Solventex has 1 court case on record: 1 filed by the company.
Saklecha Solventex was incorporated on 13 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.