Solvex Interchem Private Limited

Solvex Interchem Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U51496MH2001PTC166955 Incorporated 13 July 2001 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company chemicals and materials MSME · Small
Data last updated
Revenue · FY 2024
₹30.04 Cr
▲ 19% YoY
Net profit · FY 2024
₹18.81 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹41.44 Lakh
EBITDA margin 1.4%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹49.9 Lakh
Issued & subscribed
Open charges
₹12 Cr
Satisfied ₹5.4 Cr
Company age
25 yrs
Est. 2001
Directors on board
3
As per MCA filings

About Solvex Interchem Private Limited

Data last updated:

Solvex Interchem Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 13 July 2001 and has been in existence for over 25 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51496MH2001PTC166955. Its GSTIN is 27AAFCS4957A1ZD (Maharashtra).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49.9 Lakh. It is led by directors including Medhir Rajesh Mehta and Bharat Mehta.

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 Unit No. 19 Ratna Jyot Industrial Estate Irla Lane Vile Parle (W), Mumbai, Maharashtra, India – 400056.

As per the financials filed for FY 2024, the company reported a revenue of ₹30.04 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹18.81 Lakh (net margin 0.6%) and EBITDA of ₹41.44 Lakh (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 3% over five years.

As per MCA filings, the company has open charges of ₹12 Cr and satisfied charges of ₹5.4 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.

Solvex Interchem Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0152218). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U51496MH2001PTC166955
Registration Number 166955
Incorporation Date 13 July 2001
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0152218

CIN history

Solvex Interchem has one previous CIN (Corporate Identification Number): U51496PN2001PTC016356. The current CIN is U51496MH2001PTC166955, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U51496MH2001PTC166955Current
U51496PN2001PTC016356Previous
Key People
Medhir Rajesh Mehta Director Bharat Mehta Director Bhairavi Rajesh Mehta Director

Recognitions & Rankings of Solvex Interchem

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-18-0152218

Contact details

Solvex Interchem Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Unit No. 19 Ratna Jyot Industrial Estate Irla Lane Vile Parle (W), Mumbai, Maharashtra, India – 400056
  • Industry
    Chemicals and Materials, Specialty Chemicals

To see the full contact details of Solvex Interchem Private Limited, buy the company report.

Comprehensive company report
Solvex Interchem Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Solvex Interchem is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Solvex Interchem Private Limited, buy the company report.

Financials of Solvex Interchem Private Limited

FY 2025 filings available

Solvex Interchem Private Limited reported revenue of ₹30.04 Cr (up 19% YoY) for FY 2024.

Revenue · FY 2024
₹30.04 Cr ▲ 19%
Net profit · FY 2024
₹18.81 Lakh margin 0.6%
EBITDA · FY 2024
₹41.44 Lakh margin 1.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 18%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 99%
3 years · compounded
▲ 74%
5 years · compounded
▲ 3%

Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 19% growth in the latest year. EBITDA rose 99% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹41.44 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹18.81 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin1.4%
Net Profit Margin0.6%
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

To see the full financial statements and ratios of Solvex Interchem Private Limited, buy the company report.

Board of directors of Solvex Interchem Private Limited

Solvex Interchem has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Medhir Rajesh MehtaDirector05 Sep 20188 Years 2 MonthsCurrent
Bharat MehtaDirector03 Sep 20206 Years 2 MonthsCurrent
Bhairavi Rajesh MehtaDirector13 Jul 200125 Years 3 MonthsCurrent
View all directors

Auditor

Solvex Interchem Private Limited is audited by C Sharat & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
C Sharat & AssociatesFY 2023127551

Shareholding

The shareholding of Solvex Interchem 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Solvex Interchem Private Limited, buy the company report.

Charges & borrowings

Open charges
₹12 Cr
Satisfied charges
₹5.4 Cr
Breakdown by lending institutions
City Union Bank Limited₹12.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Oct 2018100221209City Union Bank Limited₹4.5 CrOpen
28 Oct 201410533355City Union Bank Limited₹7 CrOpen
25 Aug 201010243450City Union Bank Limited₹50 LakhOpen
17 Oct 201110315571Oriental Bank of Commerce₹5 CrSatisfied
09 May 200390088610The Federal Bank Ltd₹40 LakhSatisfied

To see the full charge records of Solvex Interchem Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Solvex Interchem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Solvex Interchem has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAFCS4957A1ZDMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Solvex Interchem Private Limited, buy the company report.

Recent activity

Solvex Interchem Private Limited has 6 board changes on record since 2001: 3 appointments and 3 cessations. The latest: Bharat Mehta ceased to be Additional Director on 31 Dec 2020.

AGM
Solvex Interchem Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Solvex Interchem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with City Union Bank Limited of Rs. 450.00 Lakh registered on 31 Oct 2018 with Charge ID 100221209 was modified on 22 Aug 2024.
Ceased
Bharat Mehta ceased to be Additional Director.
Appointed
Bharat Mehta was appointed as Director.
Charges
A charge with City Union Bank Limited amounted to Rs. 450.00 Lakh with Charge ID 100221209 was registered on 31 Oct 2018.
Ceased
Chintan Sharatchandra Shah ceased to be Director.
Appointed
Medhir Rajesh Mehta was appointed as Director.
Ceased
Rajesh Bharat Mehta ceased to be Director.
Charges
A charge registered on 17 Oct 2011 via Charge ID 10315571 with Oriental Bank Of Commerce was fully satisfied on 20 Nov 2014.
Charges
A charge with City Union Bank Limited amounted to Rs. 700.00 Lakh with Charge ID 10533355 was registered on 28 Oct 2014.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 500.00 Lakh with Charge ID 10315571 was registered on 17 Oct 2011.

5 earlier events are in the company report.

Frequently asked questions

Solvex Interchem is an active private limited company based in Mumbai, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 13 July 2001 (25+ years old) and is registered under CIN U51496MH2001PTC166955.

Solvex Interchem has 3 current directors:

The latest financial statements of Solvex Interchem 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 Solvex Interchem is 27AAFCS4957A1ZD, registered in Maharashtra.

The CIN (Corporate Identification Number) of Solvex Interchem is U51496MH2001PTC166955. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Solvex Interchem has 2 court cases on record: 2 filed by the company.

Solvex Interchem was incorporated on 13 July 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.

Bharat Mehta ceased to be Additional Director on 31 Dec 2020. Bharat Mehta was appointed as Director on 03 Sep 2020. Chintan Sharatchandra Shah ceased to be Director on 15 Sep 2018. Solvex Interchem has 6 board changes on record in total.

Yes, Solvex Interchem is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0152218).

The registered office of Solvex Interchem is at Unit No. 19 Ratna Jyot Industrial Estate Irla Lane Vile Parle W, Mumbai, Maharashtra, India – 400056.