Dhanlaxmi Solvex Pvt Ltd

About the Company :

Incorporated in January 2006, Dhanlaxmi Solvex Pvt. Ltd. (DSPL) is promoted by the Manglani group. Mr. Nandlal Manglani, the Chairman, started a brokerage firm dealing in soya oil and soya deoiled cake by the name of Manglani & Sons in 1964, which is currently one of the leading edible oil brokerage firms in the country.

DSPL procured its first plant which was a sick unit at Shajapur (Madhya Pradesh) in 2006 and commenced commercial production from this plant in 2007. Subsequently the promoters procured sick units at Kareli (M.P.) in 2007 and at Dewas (M.P.) in 2008 and commenced commercial production from these plants in 2007 and 2008 respectively. In 2009 the company set up a 100 TPD edible oil refinery at its Shajapur plant, set up a green field solvent extraction unit at Harda (M.P.) and procured a flour mill at Ratlam (M.P.). The Harda unit of the company began commercial production in 2010.

The combined capacity of all the edible oil units combined is 2800 TPD (solvent extraction) and 150 TPD (refining capacity). Refining capacities are available only at Shajapur and Kareli plants of 100 TPD and 50 TPD respectively. The flour mill at Ratlam is now mostly used as a warehouse and is not engaged in production.