Solvex Properties & Services Private Limited
About Solvex Properties & Services Private Limited
Data last updated:
Solvex Properties & Services Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the facility management segment of the business services sector. It was incorporated on 05 October 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45201WB2001PTC093818. Its GSTIN is 19AAGCS6949F1ZV (West Bengal).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.42 Lakh. It is led by directors including Rajat Mohan Pandit and Bala Iyer.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Development House 3rd Floor 24 Park Street, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.24 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹40.32 Lakh and EBITDA of -₹40.24 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 77% over three years and 56% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Solvex Properties & Services Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDevelopment House 3rd Floor 24 Park Street, Kolkata, West Bengal, India – 700016
- IndustryBusiness Services, Facility Management
To see the full contact details of Solvex Properties & Services 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 Solvex Properties & Services is support service to organizations. In detail, this covers housekeeping & maintenance service.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N5 | Housekeeping & maintenance service |
To see the full business activity and turnover split of Solvex Properties & Services Private Limited, buy the company report.
Financials of Solvex Properties & Services Private Limited
FY 2025 filings availableSolvex Properties & Services Private Limited reported revenue of ₹6.24 Lakh (down 98% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 56% over five years, including a 98% fall 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 |
|---|---|---|---|---|---|
| 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 | -₹40.24 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹40.32 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
| 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 | |||||
To see the full financial statements and ratios of Solvex Properties & Services Private Limited, buy the company report.
Board of directors of Solvex Properties & Services Private Limited
Solvex Properties & Services 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 |
|---|---|---|---|---|
| Rajat Mohan Pandit Also directs: Candlewood Holding Private Limited | Director | 13 Oct 2015 | 11 Years 0 Months | Current |
| Bala Iyer Also directs: Candlewood Holding Private Limited | Director | 13 Oct 2015 | 11 Years 0 Months | Current |
| Subhash Chandra Dey | Director | 22 Sep 2007 | 19 Years 1 Months | Current |
Peer comparison
Solvex Properties & Services Private Limited is compared with the 3 companies closest to it by revenue in the Business Services industry (Facility Management Services), with the same principal business activity (housekeeping & maintenance service), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Karetex Industrial Laundrette Private Limited | ₹6.3 Lakh (FY 2025) | 207.0% | Indore, Madhya Pradesh, India | |||
| LSS Business Solutions Private Limited | ₹6.26 Lakh (FY 2025) | -27.0% | Delhi, India | |||
| Solvex Properties & Services Private Limitedthis company | ₹6.24 Lakh (FY 2025) | -₹40.32 Lakh | -98.0% | 4 | Kolkata, West Bengal, India | |
| Daraz Facility Management Private Limited | ₹6.18 Lakh (FY 2023) | -90.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Solvex Properties & Services Private Limited, buy the company report.
Auditor
Solvex Properties & Services Private Limited is audited by ARSK & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARSK & ASSOCIATES | FY 2023 | 052205 |
Shareholding
The shareholding of Solvex Properties & Services 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solvex Properties & Services Private Limited, buy the company report.
Legal cases
Solvex Properties & Services Private Limited has 7 court cases on record: 5 filed by Solvex Properties & Services, 2 filed against it. 4 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 3 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Civil suit | Filed by the company against Marco Polo Restaurants Pvt Ltd | Pending |
| District court, Calcutta, West Bengal | Court case (TS) | Filed against the company by an individual | Pending |
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against individuals | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Amazon Agro Products Ltd. | Pending |
| District court, Calcutta, West Bengal | Court case (TS) | Filed against the company by an individual | Disposed |
To see the full case history of Solvex Properties & Services 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Solvex Properties & Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solvex Properties & Services Private Limited has a workforce of 4 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Solvex Properties & Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAGCS6949F1ZV | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solvex Properties & Services Private Limited, buy the company report.
Recent activity
Solvex Properties & Services Private Limited has 12 board changes on record since 2007: 3 appointments and 9 cessations. The latest: Rajat Mohan Pandit ceased to be Director on 01 Oct 2022.
3 earlier events are in the company report.
Frequently asked questions
Solvex Properties & Services is an active private limited company based in Kolkata, West Bengal, India. The company works in facility management, within the business services industry. It was incorporated on 05 October 2001 (25+ years old) and is registered under CIN U45201WB2001PTC093818.
Solvex Properties & Services has 3 current directors:
- Rajat Mohan Pandit - Director
- Bala Iyer - Director
- Subhash Chandra Dey - Director
The latest financial statements of Solvex Properties & Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Solvex Properties & Services is 19AAGCS6949F1ZV, registered in West Bengal.
The CIN (Corporate Identification Number) of Solvex Properties & Services is U45201WB2001PTC093818. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solvex Properties & Services has 7 court cases on record: 5 filed by the company and 2 filed against it. 4 are pending. Most are in the district courts.
Solvex Properties & Services was incorporated on 05 October 2001, making it 25+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Solvex Properties & Services by revenue are Karetex Industrial Laundrette Private Limited, LSS Business Solutions Private Limited, Daraz Facility Management Private Limited, all in the Business Services industry (Facility Management Services), with the same principal business activity (housekeeping & maintenance service).
Rajat Mohan Pandit ceased to be Director on 01 Oct 2022. Bala Iyer ceased to be Additional Director on 29 Sep 2016. Bala Iyer was appointed as Director on 13 Oct 2015. Solvex Properties & Services has 12 board changes on record in total.
The registered office of Solvex Properties & Services is at Development House 3rd Floor 24 Park Street, Kolkata, West Bengal, India – 700016.
Solvex Properties & Services operates in the business services industry, in the facility management segment.