About Shri Shanti Solvex Private Limited
Data last updated:
Shri Shanti Solvex Private Limited is a private limited company based in Morena, Madhya Pradesh, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 14 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U15143MP2013PTC031293. Its GSTIN is 23AATCS8171J2ZP (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.73 Cr. It is led by directors including Pawan Bansal and Sanskar Goyal.
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 Shop No. 9 Near Ram Janki Mandir Jiwaji Ganj, Morena, Madhya Pradesh, India – 476001.
As per the financials filed for FY 2025, the company reported a revenue of ₹85.11 Cr, a decline of 74% compared to the previous year. For the same year it recorded a net profit of ₹13.58 Lakh (net margin 0.2%) and EBITDA of ₹3.71 Cr (EBITDA margin 4.4%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 18% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹48 Cr and satisfied charges of ₹22.5 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shrishantisolvex.com.
Company details
Contact details
Shri Shanti Solvex Private Limited's registered office is in Morena, Madhya Pradesh. Its website is shrishantisolvex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No. 9 Near Ram Janki Mandir Jiwaji Ganj, Morena, Madhya Pradesh, India – 476001
- IndustryFood and Beverages, Edible Oils & Cooking Fats
To see the full contact details of Shri Shanti Solvex 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 activity of Shri Shanti 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 Shri Shanti Solvex Private Limited, buy the company report.
Financials of Shri Shanti Solvex Private Limited
FY 2025 filings availableShri Shanti Solvex Private Limited reported revenue of ₹85.11 Cr (down 74% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 74% fall in the latest year. EBITDA rose 83% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹85.11 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.58 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 4.4% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Shri Shanti Solvex Private Limited, buy the company report.
Board of directors of Shri Shanti Solvex Private Limited
Shri Shanti Solvex has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawan Bansal | Director | 25 Mar 2022 | 4 Years 7 Months | Current |
| Sanskar Goyal | Director | 25 Mar 2022 | 4 Years 7 Months | Current |
| Madhav Goyal Also directs: B.P. Agri Foods Private Limited | Director | 14 Aug 2013 | 13 Years 2 Months | Current |
| Shyam Bansal | Director | 14 Aug 2013 | 13 Years 2 Months | Current |
Peer comparison
Shri Shanti Solvex Private Limited is compared with the 4 companies closest to it by revenue in the Food and Beverages industry (Edible Oils), 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 |
|---|---|---|---|---|---|---|
| D G Oil and Foods Private Limited | ₹85.35 Cr (FY 2023) | 250.0% | Bhopal, Madhya Pradesh, India | |||
| Saklecha Agro Oil Foods Private Limited | ₹85.11 Cr (FY 2024) | 473246.0% | Bengaluru, Karnataka, India | |||
| Shri Shanti Solvex Private Limitedthis company | ₹85.11 Cr (FY 2025) | ₹13.58 Lakh | 0.2% | -74.0% | 11 | Morena, Madhya Pradesh, India |
| Nalinaksha Agro Products Private Limited | ₹84.68 Cr (FY 2025) | 18.0% | Dum Dum Park, West Bengal, India | |||
| Jhunjhunwala Oil Mills Limited | ₹83.62 Cr (FY 2025) | 57.0% | Jalalpur, Uttar Pradesh, India |
To see the full peer comparison of Shri Shanti Solvex Private Limited, buy the company report.
Auditor
Shri Shanti Solvex Private Limited is audited by Shyam Praveen & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shyam Praveen & Co. | FY 2023 | 010869C |
Shareholding
The shareholding of Shri Shanti Solvex 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 Shri Shanti Solvex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Dec 2023 | 100837725 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 09 Feb 2015 | 10547913 | Others | ₹28 Cr | Open | |
| 31 Jan 2022 | 100546356 | Axis Bank Limited | ₹15 Cr | Satisfied | |
| 09 Feb 2015 | 10547915 | Central Bank of India | ₹7.5 Cr | Satisfied |
To see the full charge records of Shri Shanti Solvex Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Shri Shanti Solvex Private Limited has 6 court cases on record: 6 filed by Shri Shanti Solvex. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 2 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Interim or miscellaneous application | Filed by the company against The State of Madhya Pradesh | Pending |
| High Court of Madhya Pradesh | Revision petition | Filed by the company against an individual | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against The State of Madhya Pradesh | Disposed |
| High Court of Madhya Pradesh | Interim or miscellaneous application | Filed by the company against The State of Madhya Pradesh | Disposed |
| District court, Morena, Madhya Pradesh | Court case (RCS A) | Filed by the company against individuals | Disposed |
To see the full case history of Shri Shanti Solvex 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
Shri Shanti Solvex Private Limited was last rated by Care on 03 Apr 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 Apr 2023 |
To see the full credit ratings and regulatory alerts of Shri Shanti Solvex Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shri Shanti Solvex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shri Shanti Solvex Private Limited has a workforce of 11 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 11 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Shri Shanti Solvex Private Limited, buy the company report.
GST
Shri Shanti Solvex has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AATCS8171J2ZP | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shri Shanti Solvex Private Limited, buy the company report.
Recent activity
Shri Shanti Solvex Private Limited has 4 board changes on record since 2013: 4 appointments. The latest: Pawan Bansal was appointed as Director on 25 Mar 2022.
2 earlier events are in the company report.
Frequently asked questions
Shri Shanti Solvex is an active private limited company based in Morena, Madhya Pradesh, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 14 August 2013 (13+ years old) and is registered under CIN U15143MP2013PTC031293.
Shri Shanti Solvex has 4 current directors:
- Pawan Bansal - Director
- Sanskar Goyal - Director
- Madhav Goyal - Director
- Shyam Bansal - Director
The latest financial statements of Shri Shanti 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 Shri Shanti Solvex is 23AATCS8171J2ZP, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Shri Shanti Solvex is U15143MP2013PTC031293. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shri Shanti Solvex has 6 court cases on record: 6 filed by the company. 2 are pending. Most are in the high courts.
Shri Shanti Solvex was incorporated on 14 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Shri Shanti Solvex by revenue are D G Oil and Foods Private Limited, Saklecha Agro Oil Foods Private Limited, Nalinaksha Agro Products Private Limited, Jhunjhunwala Oil Mills Limited, all in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products).
Pawan Bansal was appointed as Director on 25 Mar 2022. Sanskar Goyal was appointed as Director on 25 Mar 2022. Madhav Goyal was appointed as Director on 14 Aug 2013. Shri Shanti Solvex has 4 board changes on record in total.
Shri Shanti Solvex can be reached through the website shrishantisolvex.com. Its registered office is in Morena, Madhya Pradesh, India.
The registered office of Shri Shanti Solvex is at Shop No. 9 Near Ram Janki Mandir Jiwaji Ganj, Morena, Madhya Pradesh, India – 476001.
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