Softel Machines Ltd

Manufacturer and trader of kitchen and household appliances under popular brands since 1992.

1992 | Kachchh, Gujarat (India) | Active
Last Updated: December 12, 2024

Softel Machines Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.25 Cr
  • Company Age 32 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.37 M
  • Satisfied Charges ₹ 7.24 Cr
  • Revenue Growth -36.00%
  • Profit Growth 58.43%
  • Ebitda 474.63%
  • Net Worth -0.29%
  • Total Assets -7.71%

About Softel Machines

Softel Machines Ltd (SML) is a Public Limited Indian Non-Government Company incorporated in India on 11 May 1992 and has a history of 32 years and nine months. Its registered office is in Kachchh, Gujarat, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.25 Cr.

The company currently has active open charges totaling ₹7.37 M. The company has closed loans amounting to ₹7.24 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anilkumar Jain, Bhairavi Jain, and Anita Jain serve as directors at the Company.

Company Details

  • Location

    Kachchh, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    softel.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29190GJ1992PLC017600

  • Company No.

    017600

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 May 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables

What products or services does Softel Machines Ltd offer?

Softel Machines Ltd offers a wide range of products and services, including Water Purifiers, RO Water Purifiers, Oil Extraction Machine, Cold Press Oil Machine, Steel Cooking Utensils, Stainless Steel Kadhai, Kitchen Utensil, Stainless Steel Casserole, Fruit Juicer, Centrifugal Juicer.

Who are the key members and board of directors at Softel Machines?

Board Members (3)

NameDesignationAppointment DateStatus
Anilkumar Jain Country flag representing In Director 11-May-1992Current
Bhairavi Jain Country flag representing In Director 11-May-1992Current
Anita Jain Country flag representing In Director 08-Feb-1995Current

Financial Performance of Softel Machines.

Softel Machines Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 36% decrease. The company also saw a substantial improvement in profitability, with a 58.43% increase in profit. The company's net worth dipped by a decrease of 0.29%.

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
-36.00%
Revenue from Operations
-35.70%
Total Assets
-7.71%
Profit or Loss
58.43%
Net Worth
-0.29%
EBITDA
474.63%

What is the Ownership and Shareholding Structure of Softel Machines?

In 2019, Softel Machines had a promoter holding of 54.07% and a public holding of 45.93%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.74 Cr

Satisfied Charges

₹7.24 Cr

Charges Breakdown by Lending Institutions

  • Gujrat State Financial Corporation : 0.74 Cr

Latest Charge Details

DateLenderAmountStatus
03 Oct 1994Gujrat State Financial Corporation₹7.37 MOpen
07 Jan 2002State Bank Of Saurashtra₹6.00 CrSatisfied
29 Jun 1999Cheejay Finance Limited₹1.27 MSatisfied
30 Dec 1998State Bank Of Saurashtra₹2.50 MSatisfied
12 Aug 1996State Bank Of Saurashtra₹8.60 MSatisfied

How Many Employees Work at Softel Machines?

Unlock and access historical data on people associated with Softel Machines, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Softel Machines, 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 Softel Machines'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 Softel Machines

Recent activity within the organization

  • Annual General Meeting

    Softel Machines Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Softel Machines Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 29 Jun 1999 via Charge ID 90095119 with Cheejay Finance Limited was fully satisfied on 12 Feb 2018.

    12 Feb 2018

  • Charges

    A charge registered on 07 Jan 2002 via Charge ID 90095674 with State Bank Of Saurashtra was fully satisfied on 24 Jan 2018.

    24 Jan 2018

  • Charges

    A charge registered on 30 Dec 1998 via Charge ID 90095088 with State Bank Of Saurashtra was fully satisfied on 24 Jan 2018.

    24 Jan 2018

  • Charges

    A charge registered on 12 Aug 1996 via Charge ID 90094932 with State Bank Of Saurashtra was fully satisfied on 24 Jan 2018.

    24 Jan 2018

Frequently asked questions

  • Softel Machines Ltd was incorporated on 11 May 1992.

  • The authorized share capital of Softel Machines Ltd is ₹ 2.00 Cr and paid-up capital is ₹ 1.25 Cr.

  • Currently 3 directors are associated with Softel Machines Ltd.

    • Anilkumar Vimalchand Jain
    • Bhairavi Anilkumar Jain
    • Anita Rajkumar Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Softel Machines Ltd is Plot No. 15 16 Survey 320 Village Nani Chirai, Tal. Bhachau India, Gandhidham, Gujarat, 370140.

  • The corporate identification number (CIN) of Softel Machines Ltd is U29190GJ1992PLC017600 and the company number is 017600 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Softel Machines Ltd is https://www.softel.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Softel Machines Ltd has fallen by -36.00%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Softel Machines Ltd has experienced an downturn of -0.29%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Softel Machines Ltd amount to ₹ 7.37 M.

  • The most recent Balance Sheet for Softel Machines Ltd was filed with the ROC on 31 Mar 2024.

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