Shrinathji Solvex Limited
About Shrinathji Solvex Limited
Data last updated:
Shrinathji Solvex Limited is a public limited company based in Bhopal, Madhya Pradesh, India. It operates in the solvent and oil extraction tech segment of the chemicals and materials sector. It was incorporated on 19 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U15143MP2008PLC021052. Its GSTIN is 23AAMCS3212R1Z1 (Madhya Pradesh).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹17 Cr. It was formerly known as Shrinathiji Solvex Limited. It is led by directors including Aashutosh Agrawal and Rajul Agrawal.
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 E – 1/1 Arera Colony, Bhopal, Madhya Pradesh, India – 462016.
As per the financials filed for FY 2025, the company reported a revenue of ₹26,258, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹44.48 Lakh and EBITDA of -₹19.49 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 94% over three years and 80% over five years.
The company is associated with 1 brand: Sanwaria Consumer. As per MCA filings, the company has open charges of ₹50 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 1 filed against it; 4 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Social MediaLocked
- Registered AddressE – 1/1 Arera Colony, Bhopal, Madhya Pradesh, India – 462016
- IndustryChemicals and Materials, Solvent & Oil Extraction Tech
- 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 Shrinathji Solvex Limited
The main business activity of Shrinathji 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 Shrinathji Solvex Limited FY 2025 filings available
Shrinathji Solvex Limited reported revenue of ₹26,258 (down 100% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Shrinathji Solvex Limited
Revenue has declined at a compounded annual rate (CAGR) of 80% over five years. 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 Shrinathji Solvex 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 | ₹26,258 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹19.49 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹44.48 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 Shrinathji Solvex Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Shrinathji Solvex 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.
Peer Comparison of Shrinathji Solvex Limited
Shrinathji Solvex Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Cold Storage and Warehousing, Solvent Extraction). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Naipal Singh Legumes Cold Storage Private Limited | ₹27,074 (FY 2025) | •••• | •••• | 676.0% | •••• | Meerut, Uttar Pradesh, India |
| J P G A Cold Storage Private Limited | ₹27,066 (FY 2025) | •••• | •••• | -100.0% | •••• | Jalandhar, Punjab, India |
| Virmani Ice Cold Storage and General Mills Private Ltd | ₹26,792 (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Bluemoon Commercial Pvt Ltd | ₹26,635 (FY 2025) | •••• | •••• | -100.0% | •••• | Kolkata, West Bengal, India |
| Karni-Tara Cold Storage Private Limited | ₹26,482 (FY 2025) | •••• | •••• | 34.0% | •••• | Assam, India |
| Shrinathji Solvex Limited this company | ₹26,258 (FY 2025) | •••• | •••• | -100.0% | •••• | Bhopal, Madhya Pradesh, India |
| Yuvraj Singh Cold Storage Private Limited | ₹25,500 (FY 2024) | •••• | •••• | •••• | Csa, Uttar Pradesh, India | |
| Priyajeet Tours & Travels Private Limited | ₹25,310 (FY 2023) | •••• | •••• | -5.0% | •••• | Kolkata, West Bengal, India |
| BM Coldstorage & Preservation Private Limited | ₹24,676 (FY 2018) | •••• | •••• | •••• | Bhubaneswar, Odisha, India | |
| Kailash Cold Storage Pvt Ltd | ₹24,010 (FY 2024) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
| Digha Cold Storage Private Limited | ₹23,889 (FY 2024) | •••• | •••• | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Shrinathji Solvex by revenue in the Transport and Logistics industry (Cold Storage and Warehousing, Solvent Extraction), 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 Shrinathji Solvex Limited
Shrinathji Solvex Limited is audited by NITIN R GARG & COMPANY for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NITIN R GARG & COMPANY | 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 Shrinathji Solvex Limited
Shrinathji Solvex has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aashutosh Agrawal Also directs: Rna Agro Commodities LLP, Rna Energy and Realters LLP, Sanwaria Foods Limited and 3 more | Director | 22 May 2018 | 8 Years 4 Months | Current |
| Rajul Agrawal Also directs: Rna Agro Commodities LLP, Rna Energy and Realters LLP, Sanwaria Foods Limited and 3 more | Director | 22 May 2018 | 8 Years 4 Months | Current |
| Abhishek Agrawal Also directs: Rna Agro Commodities LLP, Rna Energy and Realters LLP, Sanwaria Foods Limited and 3 more | Director | 22 May 2018 | 8 Years 4 Months | Current |
Ownership and Shareholding of Shrinathji Solvex 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 Shrinathji Solvex Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 May 2011 | Icici Bank Limited | ₹25 Cr | Open |
| 28 Mar 2009 | 3I Infotech Trusteeship Services Limited | ₹25 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Shrinathji Solvex Limited
Shrinathji Solvex Limited has 4 court cases on record: 2 filed by Shrinathji Solvex, 1 filed against it, 1 where it is another party. All cases are pending. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 3 |
| District courts | 1 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against an individual | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against State of Madhya Pradesh | Pending |
| District court, Bhopal, Madhya Pradesh | Court case (RCT) | Filed against the company by Union of India Thr.Dy.Commissioner of Income Tax TDS Bhopal Thr.Gorakh Nath Singh | Pending |
| High Court of Madhya Pradesh | Writ petition | Company is another party | Pending |
Full case history
All 4 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.
Associated Brands with Shrinathji Solvex Limited
Shrinathji Solvex operates one associated brand: Sanwaria Consumer. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturers of food products and consumer goods | sanwariaconsumer.com |
Employees and EPFO Compliance at Shrinathji Solvex Limited
Shrinathji Solvex Limited has a workforce of 0 employees as of Apr 09, 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 Shrinathji Solvex Limited
Shrinathji Solvex Limited has 12 board changes on record since 2013: 3 appointments and 9 cessations. The latest: Eknath Agrawal ceased to be Director on 10 Jun 2021.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Shrinathji Solvex 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 Shrinathji Solvex 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 Shrinathji Solvex 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 Shrinathji Solvex Limited
Shrinathji Solvex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAMCS3212R1Z1 | Madhya Pradesh | 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 Shrinathji Solvex 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 Shrinathji Solvex Limited
Shrinathji Solvex is an active public limited company based in Bhopal, Madhya Pradesh, India. The company works in solvent and oil extraction tech, within the chemicals and materials industry. It was incorporated on 19 August 2008 (18+ years old) and is registered under CIN U15143MP2008PLC021052.
Shrinathji Solvex reported revenue of ₹26,258 for FY 2025 (down 100% YoY).
Shrinathji Solvex has 3 current directors:
- Aashutosh Agrawal - Director
- Rajul Agrawal - Director
- Abhishek Agrawal - Director
Shrinathji Solvex reported a net loss of ₹44.48 Lakh and EBITDA of -₹19.49 Lakh for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shrinathji Solvex is -94% over three years and -80% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shrinathji Solvex is 23AAMCS3212R1Z1, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Shrinathji Solvex is U15143MP2008PLC021052. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shrinathji Solvex has 4 court cases on record: 2 filed by the company and 1 filed against it. 4 are pending. Most are in the high courts.
Shrinathji Solvex was incorporated on 19 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Shrinathji Solvex by revenue are Naipal Singh Legumes Cold Storage Private Limited, J P G A Cold Storage Private Limited, Virmani Ice Cold Storage and General Mills Private Ltd, Bluemoon Commercial Pvt Ltd, Karni-Tara Cold Storage Private Limited and 5 more, all in the Transport and Logistics industry (Cold Storage and Warehousing, Solvent Extraction).
Eknath Agrawal ceased to be Director on 10 Jun 2021. Anil Agrawal ceased to be Director on 15 Jun 2018. Ashok Kumar Agrawal ceased to be Director on 15 Jun 2018. Shrinathji Solvex has 12 board changes on record in total.