Solvex Edibles Ltd Company Summary

Solvex Edibles Ltd Summary

Solvex Edibles Limited was originally incorporated at Uttarakhand as Solvex Edibles Private Limited on 23rd September, 2013 under the provisions of the Companies Act, 1956 vide Certificate of Incorporation issued by the Registrar of Companies, Uttarakhand. Consequent upon the conversion of Company to public limited, the name of the Company was changed to Solvex Edibles Limited vide fresh certificate of incorporation dated 30 September, 2024 issued by the Central Processing Centre, Manesar, Gurugram, Haryana.The Company started its business operations in 2013. At present, Company is in the business of manufacturing, distribution, marketing and selling of Physically Refined Rice Bran Oil and other by products such as De-oiled Cakes - Rice Bran, Rice Bran and Mustared Oil, Mustard Cakes, Deoiled Mustared Cakes. We manufacture and sell Rice Bran Oil Deoiled Cakes - Rice Bran, Rice Bran, Mustared Oil, Mustard Cakes and Deoiled Mustared Cakes to FMCG companies. Also it produce De-oiled Cakes Rice Bran (DORB), which is a by-product in the extraction of Rice Bran Oil and sell the same as cattle feed, poultry feed and fish feed.The Company has a product portfolio ranging from Rice Bran Oil and other by products such as De-oiled Cakes - Rice Bran, Rice Bran and Mustared Oil, Mustard Cakes, Deoiled Mustared Cakes. It has manufacturing plant in Bilaspur district of Uttar Pradesh. The Company has acquired 100% of Partners Capital of Golden Pearl Oil Products LLP, and 100% equity stake in Shree Oils and Fats (i) Pvt Ltd, making it as wholly owned subsidiary in 2024. Company is planning the initial public offer by issuing 26,50,000 equity shares having the face value of Rs 10 each through fresh issue.