Soltex Petro Products Ltd. - Company Profile

It is a manufacturing public limited company based in Mumbai, Maharashtra, India, established in 1992.
1992 Mumbai, Maharashtra, India Active
Last Updated:
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About Soltex Petro Products Ltd.

Soltex Petro Products Ltd., a active public limited company, was established on 29 June 1992 in Mumbai, Maharashtra, India. Engaging in plastic & resins within the manufacturing sector, it holds CIN: U99999MH1992PLC067460. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹4.99 Cr.

It upholds a compliant status. Employing 189 professional, Its leadership includes Anil Kumar Bhasin (Director), Rakesh Chander Bhatia (Director), Geet Chadha Naresh (Whole-Time Director). Past directors included Anil Kumar Bhasin, Venkatasubramanian Venkatadri Chittoor, Rita Naresh Chadha. It holds ₹198.86 Cr open charges and ₹31.25 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at D-112, Crystal Plaza Opp. Infinity Mall New Link Road, Andher, I (W), Mumbai, Maharashtra, 400058.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U99999MH1992PLC067460

  • Registration Number

    067460

  • Incorporation Date

    29 June 1992

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹4.99 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.99 Cr
  • Company Age 33 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 198.86 Cr
  • Satisfied Charges ₹ 31.25 Cr
  • Revenue Growth **** -14.01%
  • Profit Growth **** 4.99%
  • Ebitda **** 32.68%
  • Net Worth 5.52%
  • Total Assets -5.72%
Company report

Soltex Petro Products Ltd.

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Soltex Petro Products Ltd. — 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 Soltex Petro Products Ltd.?
Current Directors
Name Designation Appointment Date Status
Anil Kumar Bhasin Director 25 Mar 2018 Current
Rakesh Chander Bhatia Director 05 Dec 2018 Current
Geet Chadha Naresh Whole-Time Director 01 Jan 2011 Current
Sanchi Naresh Chadha Additional Director 06 Sep 2025 Current
Arshiya Chadha Additional Director 06 Sep 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2018 Past
Pramod Abcsdd Director 05 Dec 2018 Past
Pramod Abcsdd Director 01 Apr 2021 Past
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Director 01 Apr 2021 Past
Pramod Abcsdd Director 25 Mar 2018 Past

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Financial Performance of Soltex Petro Products.

Soltex Petro Products Ltd., for the financial year ended 2024, experienced significant reduction in revenue, with a 14.01% decrease. The company also saw a slight improvement in profitability, with a 4.99% increase in profit. The company's net worth moved up by a moderate rise of 5.52%.

Soltex Petro Products revenue growth over time
Soltex Petro Products profit and loss trends over time
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
  • 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
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 -14.01%
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Revenue from Operations
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 -13.40%
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Total Assets
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 -5.72%
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Profit or Loss
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 4.99%
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Net Worth
*******
 5.52%
*******
*******
*******
*******
EBITDA
*******
 32.68%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Soltex Petro Products?

In 2024, Soltex Petro Products had a promoter holding of 68.26% and a public holding of 31.74%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹1,988,588,000.00

Satisfied Charges

₹312,500,000.00

Charges Breakdown by Lending Institutions
  • Idbi Bank Limited : 100.80 Cr
  • Axis Bank Limited : 73.40 Cr
  • Others : 22.66 Cr
  • Sidbi : 2.00 Cr
Latest Charge Details
Date Lender Amount Status
15 Mar 2025 Sidbi ₹2.00 Cr Open
27 Dec 2024 Others ₹5.50 M Open
26 Sep 2024 Others ₹3.00 Cr Open
26 Oct 2021 Others ₹6.00 Cr Open
26 Oct 2021 Axis Bank Limited ₹9.00 Cr Open

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How Many Employees Work at Soltex Petro Products?

Soltex Petro Products has a workforce of 189 employees as of Sep 23, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Soltex Petro Products, 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 Soltex Petro Products's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Soltex Petro Products
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Soltex Petro Products Ltd. last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Director Appointment

    The activity Sanchi Naresh Chadha was appointed as a Additional Director was appointed as a Additional Director on 06 Sep 2025 & has been associated with this company since 5 months 26 days . was completed.

  • Director Appointment

    The activity Arshiya Chadha was appointed as a Additional Director was appointed as a Additional Director on 06 Sep 2025 & has been associated with this company since 5 months 26 days . was completed.

  • Charges

    The activity A charge with Others of Rs. 3.00 Cr registered on 26 Sep 2024 with Charge ID 100985621 was modified on 01 Jul 2025. was completed.

  • Balance Sheet

    The activity Soltex Petro Products Ltd. has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Charges

    The activity A charge with Sidbi amounted to Rs. 2.00 Cr with Charge ID 101104625 was registered on 15 Mar 2025. was completed.

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Frequently Asked Questions
What is the CIN of Soltex Petro Products Ltd.?

The CIN of Soltex Petro Products Ltd. is U99999MH1992PLC067460.

Where is Soltex Petro Products Ltd. headquartered?

Soltex Petro Products Ltd. is headquartered at D-112, Crystal Plaza Opp. Infinity Mall New Link Road, Andher, I (W), Mumbai, Maharashtra, 400058.

When was Soltex Petro Products Ltd. incorporated?

Soltex Petro Products Ltd. was incorporated on 29 June 1992.

Who are the current directors of Soltex Petro Products Ltd.?

The current directors of Soltex Petro Products Ltd. are

What is the primary industry of Soltex Petro Products Ltd.?

The primary industry of Soltex Petro Products Ltd. is Manufacturing.

Is Soltex Petro Products Ltd. a listed company?

Soltex Petro Products Ltd. is unlisted.

What is the capital structure of Soltex Petro Products Ltd.?

The authorized capital of Soltex Petro Products Ltd. is ₹5.00 Cr, and the paid-up capital is ₹4.99 Cr.

What is the compliance status of Soltex Petro Products Ltd.?

The compliance status of Soltex Petro Products Ltd. is Compliant.

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