Sigma Solvents Private Limited - Company Profile

It is a chemicals and materials private limited company based in Mumbai, Maharashtra, India, established in 1988.

1988 Mumbai, Maharashtra, India Amalgamated

Last Updated: July 22, 2025

About Sigma Solvents Private Limited

Sigma Solvents Private Limited, a amalgamated private limited company, was established on 26 April 1988 in Mumbai, Maharashtra, India. Engaging in industrial chemicals within the manufacturing sector, it holds CIN: U24100MH1988PTC047155. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.20 Cr.

It upholds a active non-compliant status. Its leadership includes Vijay Bhalchandra Palkar (Director), Sanam Salim Memon (Director), Salim Dawood Memon (Managing Director). Past directors included Suresh Anant Pai, Vijay Bhalchandra Palkar, Sanam Salim Memon. It holds ₹4.00 Cr open charges and ₹18.31 Cr settled loans. Its latest AGM occurred on 30 September 2016, with the balance sheet filed on 31 March 2016. It is based at 1502, Adonis, Raheja Acropolis Ii Behind Telecom Factory,Deonar, Mumbai, Maharashtra, 400088.

Company Details

CIN/LLPIN
U24100MH1988PTC047155
Registration Number
047155
Incorporation Date
26 April 1988
Authorized Capital
₹1.50 Cr
Paid-Up Capital
₹1.20 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 1.50 Cr as on 22-07-2025
Paid Up Capital ₹ 1.20 Cr as on 22-07-2025
Company Age 37 Year, 10 Months
Last Filing with ROC 31 Mar 2016
Open Charges ₹ 4.00 Cr as on 22-07-2025
Satisfied Charges ₹ 18.31 Cr as on 22-07-2025
Revenue Growth **** -5.16% (FY 2017)
Profit Growth **** -11617.96% (FY 2017)
Ebitda **** -239.36% (FY 2017)
Net Worth -679.71% (FY 2017)
Total Assets -44.06% (FY 2017)

Comprehensive Company Insights

Explore comprehensive insights into Sigma Solvents Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Sigma Solvents Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Vijay Bhalchandra Palkar	Director	29 Dec 2016	Current
Sanam Salim Memon	Director	09 Jul 2008	Current
Salim Dawood Memon	Managing Director	26 Apr 1988	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	31 Dec 2011	Past
Pramod Abcsdd	Additional Director	28 Dec 2017	Past
Pramod Abcsdd	Additional Director	30 Sep 2008	Past

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Financial Performance of Sigma Solvents.

Sigma Solvents Private Limited, for the financial year ended 2017, experienced Minor drop in revenue, with a 5.16% decrease. The company also saw a substantial fall in profitability, with a 11617.96% decrease in profit. The company's net worth observed a substantial decline by a decrease of 679.71%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-5.16%

*******

Revenue from Operations

*******

-5.30%

*******

Total Assets

*******

-44.06%

*******

Profit or Loss

*******

-11617.96%

*******

Net Worth

*******

-679.71%

*******

EBITDA

*******

-239.36%

*******

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What is the Ownership and Shareholding Structure of Sigma Solvents?

In 2017, Sigma Solvents had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹40,000,000.00

Satisfied Charges

₹183,074,000.00

Charges Breakdown by Lending Institutions

Yes Bank Limited : 4.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
22 Sep 2017	Yes Bank Limited	₹4.00 Cr	Open
28 Mar 2016	Lakshmi Vilas Bank Limited	₹2.50 Cr	Satisfied
06 Jul 2012	Central Bank Of India Limited	₹4.90 Cr	Satisfied
05 Jul 2011	Sicom Investments & Finance Limited	₹3.00 Cr	Satisfied
04 May 2001	State Bank Of India	₹3.00 M	Satisfied

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How Many Employees Work at Sigma Solvents?

Unlock and access historical data on people associated with Sigma Solvents, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Sigma Solvents, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sigma Solvents's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Sigma Solvents

Recent Activity within the Organization

Charges

Progress on A charge registered on 06 Jul 2012 via Charge ID 10363577 with Central Bank Of India Limited was fully satisfied on 30 Nov 2017. was documented.
30 Nov 2017
Charges

The activity A charge registered on 28 Mar 2016 via Charge ID 100019852 with Lakshmi Vilas Bank Limited was fully satisfied on 13 Oct 2017. was completed.
13 Oct 2017
Charges

The activity A charge with Yes Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100143480 was registered on 22 Sep 2017. was completed.
22 Sep 2017
Director Appointment

The activity Vijay Bhalchandra Palkar was appointed as a Director was appointed as a Director on 29 Dec 2016 & has been associated with this company since 9 years 2 months . was completed.
29 Dec 2016
Annual General Meeting

The activity Sigma Solvents Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records. was completed.
30 Sep 2016
Charges

A charge with Lakshmi Vilas Bank Limited of Rs. 2.50 Cr registered on 28 Mar 2016 with Charge ID 100019852 was modified on 15 Jun 2016. was recorded as a recent event.
15 Jun 2016

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