Srinidhi Solvex Private Limited
About Srinidhi Solvex Private Limited
Data last updated:
Srinidhi Solvex Private Limited is a private limited company based in Tumkur, Karnataka, India. It operates in the staple foods and grains segment of the food and beverages sector. It was incorporated on 25 September 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15493KA1998PTC024265. Its GSTIN is 29AAGCS0548C1ZH (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It is led by directors Kaushik Venkatesh and Tumkur Ramachandrasetty Venkatesh.
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 9th Km Nh206 B.H.Road Crossperumanahalli Road Tumkur, Karnataka, India – 572107.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.73 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹10.33 Lakh (net margin 6%) and EBITDA of ₹1.03 Cr (EBITDA margin 59.2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 23% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.8 Cr and satisfied charges of ₹7.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered Address9th Km Nh206 B.H.Road Crossperumanahalli Road Tumkur, Karnataka, India – 572107
- IndustryFood and Beverages, Staple Foods & Grains
- 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
- One PDF report, delivered after checkout
Business Activity of Srinidhi Solvex Private Limited
The main business activity of Srinidhi Solvex is real estate activities. In detail, this covers real estate activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Srinidhi Solvex Private Limited FY 2025 filings available
Srinidhi Solvex Private Limited reported revenue of ₹1.73 Cr (down 51% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Srinidhi Solvex Private Limited
Revenue fell 51% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 63% 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 of Srinidhi Solvex Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹1.03 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.33 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 of Srinidhi Solvex Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 59.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Srinidhi Solvex are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Srinidhi Solvex Private Limited
Srinidhi Solvex Private Limited is compared with the companies closest to it by revenue in the Agriculture industry (Animal Feeds, Edible Oils). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JMD Flour and Edible Oil Mills Private Limited | ₹1.76 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Agra, Uttar Pradesh, India |
| Pawsome Companions Private Limited | ₹1.75 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Vadodara, Gujarat, India |
| Triovet India Private Limited | ₹1.75 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Bhiwandi, Maharashtra, India |
| Akron Exports Private Limited | ₹1.74 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Jetpur, Gujarat, India |
| Shree Proteins Private Limited | ₹1.73 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Ahmedabad, Gujarat, India |
| Srinidhi Solvex Private Limited this company | ₹1.73 Cr (FY 2024) | •••• | •••• | -51.0% | •••• | Tumkur, Karnataka, India |
| Sanvi Biogen Private Limited | ₹1.72 Cr (FY 2024) | •••• | •••• | 205.0% | •••• | Hyderabad, Telangana, India |
| Briliant Engicon Private Limited | ₹1.71 Cr (FY 2025) | •••• | •••• | 101.0% | •••• | Kolkata, West Bengal, India |
| Pet Prakalp India Private Limited | ₹1.71 Cr (FY 2025) | •••• | •••• | 133.0% | •••• | Coimbatore, Tamil Nadu, India |
| V.B.S. Extraction and Refineries Private Limited | ₹1.7 Cr (FY 2019) | •••• | •••• | -49.0% | •••• | Bellary, Karnataka, India |
| Choudhary Cotspin Private Limited | ₹1.69 Cr (FY 2016) | •••• | •••• | -53.0% | •••• | Bikaner, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Srinidhi Solvex by revenue in the Agriculture industry (Animal Feeds, Edible Oils), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Srinidhi Solvex Private Limited
Auditor information for Srinidhi Solvex Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Srinidhi Solvex Private Limited
Srinidhi Solvex has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaushik Venkatesh Also directs: Whitewinds Constructions Private Limited | Director | 24 May 2018 | 8 Years 4 Months | Current |
| Tumkur Ramachandrasetty Venkatesh | Director | 25 Sep 1998 | 28 Years 0 Months | Current |
Ownership and Shareholding of Srinidhi Solvex Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Srinidhi Solvex Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Mar 2024 | Others | ₹40 Lakh | Open |
| 19 Feb 2016 | Others | ₹6.4 Cr | Open |
| 29 Dec 2009 | Ing Vysya Bank Limited | ₹4.5 Cr | Satisfied |
| 05 Apr 2004 | Allahabad Bank | ₹3 Cr | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Srinidhi Solvex Private Limited
Srinidhi Solvex Private Limited has 1 court case on record: 1 filed by Srinidhi Solvex. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Assistant Commissioner of Commercial Taxes | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Srinidhi Solvex Private Limited
Srinidhi Solvex Private Limited has a workforce of 2 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Srinidhi Solvex Private Limited
Srinidhi Solvex Private Limited has 6 board changes on record since 1998: 2 appointments and 4 cessations. The latest: Tumkur Ramachandrasetty Venkatesh ceased to be Managing Director on 14 Nov 2023.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Srinidhi Solvex Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Srinidhi Solvex Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Srinidhi Solvex Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Srinidhi Solvex Private Limited
Srinidhi Solvex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCS0548C1ZH | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Srinidhi Solvex Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Srinidhi Solvex Private Limited
Srinidhi Solvex is an active private limited company based in Tumkur, Karnataka, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 25 September 1998 (28+ years old) and is registered under CIN U15493KA1998PTC024265.
Srinidhi Solvex reported revenue of ₹1.73 Cr for FY 2024 (down 51% YoY).
Srinidhi Solvex has 2 current directors:
- Kaushik Venkatesh - Director
- Tumkur Ramachandrasetty Venkatesh - Director
Srinidhi Solvex reported a net profit of ₹10.33 Lakh (net margin 6%) and EBITDA of ₹1.03 Cr (EBITDA margin 59.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Srinidhi Solvex is -6% over three years and 23% over five years. In the latest year (FY 2024) revenue fell 51%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Srinidhi Solvex is 29AAGCS0548C1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Srinidhi Solvex is U15493KA1998PTC024265. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Srinidhi Solvex has 1 court case on record: 1 filed by the company.
Srinidhi Solvex was incorporated on 25 September 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Srinidhi Solvex by revenue are JMD Flour and Edible Oil Mills Private Limited, Pawsome Companions Private Limited, Triovet India Private Limited, Akron Exports Private Limited, Shree Proteins Private Limited and 5 more, all in the Agriculture industry (Animal Feeds, Edible Oils).
Tumkur Ramachandrasetty Venkatesh ceased to be Managing Director on 14 Nov 2023. Kaushik Venkatesh ceased to be Additional Director on 29 Sep 2018. Ashokkumar Kunigal Ramachandrasetty ceased to be Director on 24 May 2018. Srinidhi Solvex has 6 board changes on record in total.