Somakanth Multi Tech Private Limited

Somakanth Multi Tech Private Limited

Manufacturer of industrial copper tubes for air conditioning and refrigeration systems since 2002.
2002 | Andhra Pradesh, Telangana (India) | Active

Last Updated:

July 17, 2024
HomeCompanySomakanth Multi Tech Private Limited

Who are the key members and board of directors at Somakanth Multi Tech?

Executive Team (1)

NameDesignationAppointment DateStatus
Tatineni Rao InManaging Director18-Oct-2002Current

Board Members(1)

NameDesignationAppointment DateStatus
Somasekara Tatineni Us Director 18-Oct-2002Current

Financial Performance of Somakanth Multi Tech.

Somakanth Multi Tech Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 24.04% decrease. The company also saw a substantial improvement in profitability, with a 87.49% increase in profit. The company's net worth observed a substantial decline by a decrease of 27.73%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-24.04%
Revenue from Operations
-27.39%
Total Assets
-8.36%
Profit or Loss
87.49%
Net Worth
-27.73%
EBITDA
58.54%

Charges (Loans)

Satisfied Charges

₹9.00 M

LenderAmountStatus

State Bank Of India

Creation Date: 24 Dec 2002
₹9.00 MSatisfied

How Many Employees Work at Somakanth Multi Tech?

Somakanth Multi Tech has a workforce of 21 employees as of Apr 07, 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.

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Latest Updates, News, and FAQs on Somakanth Multi Tech

Recent activity within the organization

  • Annual General Meeting

    Somakanth Multi Tech Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Somakanth Multi Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge registered on 24 Dec 2002 via Charge ID 90128295 with State Bank Of India was fully satisfied on 24 Aug 2022.

    24 Aug 2022

  • Charges

    A charge with State Bank Of India of Rs. 9.00 M registered on 24 Dec 2002 with Charge ID 90128295 was modified on 08 Oct 2020.

    08 Oct 2020

  • Charges

    A charge with State Bank Of India amounted to Rs. 9.00 M with Charge ID 90128295 was registered on 24 Dec 2002.

    24 Dec 2002

  • Director Appointment

    Somasekara Rao Tatineni was appointed as a Director was appointed as a Director on 18 Oct 2002 & has been associated with this company since 22 years 2 months .

    18 Oct 2002

Frequently asked questions

  • Somakanth Multi Tech Private Limited was incorporated on 18 Oct 2002.

  • The authorized share capital of Somakanth Multi Tech Private Limited is ₹ 7.50 M and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Somakanth Multi Tech Private Limited.

    • Somasekara Rao Tatineni
    • Tatineni Venkateshwara Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Somakanth Multi Tech Private Limited is Plot No.A-31 Road No.7Ida Kukatpally Hyderabad., Andhra Pradesh, Telangana, India, 500037.

  • The corporate identification number (CIN) of Somakanth Multi Tech Private Limited is U27201TG2002PTC039779 and the company number is 039779 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Somakanth Multi Tech Private Limited has fallen by -24.04%.

  • As Per 2022 financial reports, 21 employees are currently employed by Somakanth Multi Tech Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Somakanth Multi Tech Private Limited has experienced an downturn of -27.73%.

  • The most recent Balance Sheet for Somakanth Multi Tech Private Limited was filed with the ROC on 31 Mar 2023.

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