Shomit Finance Limited

Construction of residential flats and complexes since 1994 in Delhi.

1994 | Delhi (India) | Active
Last Updated: January 03, 2025

Shomit Finance Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.99 M
  • Company Age 30 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 25.93 Cr
  • Satisfied Charges ₹ 49.48 Cr
  • Revenue Growth -67.43%
  • Profit Growth -92.77%
  • Ebitda 256.79%
  • Net Worth 1.60%
  • Total Assets -9.23%

About Shomit Finance

Shomit Finance Limited (SFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 December 1994 and has a history of 30 years and one month. Its registered office is in Delhi, India.

The Company is engaged in the Real Estate And Construction Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 9.99 M.

The company currently has active open charges totaling ₹25.93 Cr. The company has closed loans amounting to ₹49.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ankit Aggarwal, Deepak, and Dinkar Giri serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U70100DL1994PLC063687

  • Company No.

    063687

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Dec 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Real Estate and Construction

Who are the key members and board of directors at Shomit Finance?

Board Members (3)

Name Designation Appointment Date Status
Ankit Aggarwal Country flag representing In Whole-Time Director 30-Sep-2006 Current
Deepak Country flag representing In Director 30-Sep-2024 Current
Dinkar Giri Country flag representing In Director 15-Jul-2022 Current

Financial Performance of Shomit Finance.

Shomit Finance Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 67.43% decrease. The company also saw a substantial fall in profitability, with a 92.77% decrease in profit. The company's net worth moved up by a moderate rise of 1.6%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-67.43%
Revenue from Operations
-67.49%
Total Assets
-9.23%
Profit or Loss
-92.77%
Net Worth
1.60%
EBITDA
256.79%

What is the Ownership and Shareholding Structure of Shomit Finance?

In 2022, Shomit Finance had a promoter holding of 100.00%. The company had 2 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.93 Cr

Satisfied Charges

₹49.48 Cr

Charges Breakdown by Lending Institutions

  • Others : 25.93 Cr

Latest Charge Details

Date Lender Amount Status
21 Nov 2024 Others ₹25.00 Cr Open
12 Dec 2019 Others ₹9.31 M Open
27 Jun 2019 Others ₹7.50 Cr Satisfied
25 Sep 2018 Others ₹4.50 Cr Satisfied
23 Oct 2017 Others ₹5.00 M Satisfied

How Many Employees Work at Shomit Finance?

Shomit Finance has a workforce of 4 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shomit Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shomit Finance's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Shomit Finance

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101009449 was registered on 21 Nov 2024.

    21 Nov 2024

  • Director Appointment

    Deepak was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 4 months 3 days .

    30 Sep 2024

  • Annual General Meeting

    Shomit Finance Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Shomit Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Dinkar Kumar Giri was appointed as a Director was appointed as a Director on 15 Jul 2022 & has been associated with this company since 2 years 6 months .

    15 Jul 2022

  • Charges

    A charge registered on 20 Apr 2016 via Charge ID 100027199 with Others was fully satisfied on 17 Jun 2022.

    17 Jun 2022

Frequently asked questions

  • Shomit Finance Limited was incorporated on 21 Dec 1994.

  • The authorized share capital of Shomit Finance Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.99 M.

  • Currently 3 directors are associated with Shomit Finance Limited.

    • Ankit Aggarwal
    • Deepak
    • Dinkar Kumar Giri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shomit Finance Limited is Stilt Floor Devika Tower 6, Nehru Place India, New Delhi, 110019.

  • The corporate identification number (CIN) of Shomit Finance Limited is U70100DL1994PLC063687 and the company number is 063687 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shomit Finance Limited is https://www.pragatigroup.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Shomit Finance Limited has fallen by -67.43%.

  • As Per 2021 financial reports, 4 employees are currently employed by Shomit Finance Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Shomit Finance Limited has experienced an upsurge of 1.60%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Shomit Finance Limited amount to ₹ 25.93 Cr.

  • The most recent Balance Sheet for Shomit Finance Limited was filed with the ROC on 31 Mar 2023.

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