S.K. Solvex Private Limited
About S.K. Solvex Private Limited
Data last updated:
S.K. Solvex Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 17 June 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U15142RJ1996PTC012197. Its GSTIN is 08AACCS5709D1ZI (Rajasthan).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.19 Cr. It is led by directors including Kanta Jain and Vikas Jain.
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 A – 20 Subhash Nagar Jaipur, Rajasthan, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹296.1 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.74 Cr (net margin 0.6%) and EBITDA of ₹5.38 Cr (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 4% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹59.57 Cr and satisfied charges of ₹50.14 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 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1 Cr; the latest was in March 2023. Its 4 peer companies in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 1 larger and 3 smaller; the largest is Shri P R Proteins Private Limited with revenue of ₹299.39 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
S.K. Solvex Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 20 Subhash Nagar Jaipur, Rajasthan, India
- IndustryFood and Beverages, Edible Oils & Cooking Fats
To see the full contact details of S.K. 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 S.K. Solvex is manufacturing. In detail, this covers food, beverages and tobacco products and other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | |
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of S.K. Solvex Private Limited, buy the company report.
Financials of S.K. Solvex Private Limited
FY 2024 filings availableS.K. Solvex Private Limited reported revenue of ₹296.1 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 5% growth in the latest year. EBITDA rose 201% 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 |
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| EBITDA | ₹5.38 Cr | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | ₹1.74 Cr | ||||
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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 | 1.8% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of S.K. Solvex Private Limited, buy the company report.
Board of directors of S.K. Solvex Private Limited
S.K. Solvex has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanta Jain | Director | 17 Jun 1996 | 30 Years 4 Months | Current |
| Vikas Jain Also directs: Sumtinath Agro Private Limited | Director | 11 Feb 2019 | 7 Years 8 Months | Current |
| Suresh Chand Jain | Director | 17 Jun 1996 | 30 Years 4 Months | Current |
Peer comparison
S.K. 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 |
|---|---|---|---|---|---|---|
| Shri P R Proteins Private Limited | ₹299.39 Cr (FY 2025) | 9.0% | Jaipur, Rajasthan, India | |||
| S.K. Solvex Private Limitedthis company | ₹296.1 Cr (FY 2025) | ₹1.74 Cr | 0.6% | 5.0% | 17 | Jaipur, Rajasthan, India |
| Karnani Solvex Private Limited | ₹293.18 Cr (FY 2025) | -13.0% | Jaipur, Rajasthan, India | |||
| K P Solvex Private Ltd | ₹293.01 Cr (FY 2025) | -9.0% | Tikamgarh, Madhya Pradesh, India | |||
| Agarwal Industries Pvt Ltd | ₹292.66 Cr (FY 2025) | 72.0% | Telangana, India |
To see the full peer comparison of S.K. Solvex Private Limited, buy the company report.
Auditor
S.K. Solvex Private Limited is audited by RAVI JAIN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI JAIN & ASSOCIATES | FY 2023 | 004968C |
Shareholding
The shareholding of S.K. 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of S.K. Solvex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Sep 2025 | 101156609 | Others | ₹24.65 Cr | Open | |
| 11 Dec 2017 | 100142455 | Others | ₹34.92 Cr | Open | |
| 11 Mar 2022 | 100556088 | Axis Bank Limited | ₹40 Cr | Satisfied | |
| 15 Dec 2010 | 10259799 | State Bank of Bikaner and Jaipur | ₹37.5 Lakh | Satisfied | |
| 20 Nov 2001 | 90070811 | State Bank of Bikaner and Jaipur | ₹9.76 Cr | Satisfied |
To see the full charge records of S.K. Solvex Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
S.K. Solvex Private Limited has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1 Cr; the latest was in March 2023.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Mar 2015 | Funding round | ₹20 Lakh | Investors: 4 individuals |
| Mar 2013 | Funding round | ₹42.1 Lakh | Investors: 4 individuals |
| Mar 2012 | Funding round | ₹38 Lakh | Investors: Suresh Chand & Sanjay Kumar (HUF), 3 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Suresh Chand & Sanjay Kumar (HUF), 3 individuals Seller: Bhavika Credit Capital Private Limited , 3 individuals |
To see the full deal history of S.K. Solvex Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
S.K. Solvex Private Limited has 3 court cases on record: 2 filed by S.K. 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 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Jaipur | Insolvency matter | Filed by the company against Satwiki Proteins Private Limited | Disposed |
| High Court of Rajasthan | Court case (CSTAY) | Filed against the company by an individual | Disposed |
| District court, Jaipur Metro I, Rajasthan | Civil miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of S.K. 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
S.K. Solvex Private Limited was last rated by Icra on 11 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 11 Apr 2022 |
To see the full credit ratings and regulatory alerts of S.K. Solvex Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for S.K. Solvex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
S.K. Solvex Private Limited has a workforce of 17 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
S.K. Solvex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCS5709D1ZI | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of S.K. Solvex Private Limited, buy the company report.
Recent activity
S.K. Solvex Private Limited has 4 board changes on record since 1996: 3 appointments and 1 cessation. The latest: Vikas Jain ceased to be Additional Director on 30 Sep 2019.
5 earlier events are in the company report.
Frequently asked questions
S.K. Solvex is an active private limited company based in Jaipur, Rajasthan, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 17 June 1996 (30+ years old) and is registered under CIN U15142RJ1996PTC012197.
S.K. Solvex has 3 current directors:
- Kanta Jain - Director
- Vikas Jain - Director
- Suresh Chand Jain - Director
The latest financial statements of S.K. Solvex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of S.K. Solvex is 08AACCS5709D1ZI, registered in Rajasthan.
The CIN (Corporate Identification Number) of S.K. Solvex is U15142RJ1996PTC012197. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S.K. Solvex has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the district courts.
S.K. Solvex was incorporated on 17 June 1996, making it 30+ years old. It is registered with the Registrar of Companies, Jaipur.
S.K. Solvex has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1 Cr; the latest was in March 2023.
The peers of S.K. Solvex by revenue are Shri P R Proteins Private Limited, Karnani Solvex Private Limited, K P Solvex Private Ltd, Agarwal Industries Pvt Ltd, all in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products).
Vikas Jain ceased to be Additional Director on 30 Sep 2019. Vikas Jain was appointed as Director on 11 Feb 2019. Kanta Jain was appointed as Director on 17 Jun 1996. S.K. Solvex has 4 board changes on record in total.
The registered office of S.K. Solvex is at A – 20 Subhash Nagar Jaipur, Rajasthan, India.