Somakanth Multi Tech Private Limited

Manufacturer of industrial copper tubes for air conditioning and refrigeration systems since 2002.

2002 | Hyderabad, Telangana (India) | Active
Last Updated: December 29, 2024

Somakanth Multi Tech Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 22 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 9.00 M
  • Revenue Growth -24.04%
  • Profit Growth 87.49%
  • Ebitda 58.54%
  • Net Worth -27.73%
  • Total Assets -8.36%

About Somakanth Multi Tech

Somakanth Multi Tech Private Limited (SMTPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 October 2002 and has a history of 22 years and three months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Machinery And Equipment 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 7.50 M and a paid-up capital of Rs 5.00 M.

The company has closed loans amounting to ₹9.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Tatineni Rao and Somasekara Tatineni serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27201TG2002PTC039779

  • Company No.

    039779

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Oct 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Machinery and Equipment

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

Executive Team (1)

Name Designation Appointment Date Status
Tatineni Rao Country flag representing In Managing Director 18-Oct-2002 Current

Board Members (1)

Name Designation Appointment Date Status
Somasekara Tatineni Country flag representing Us Director 18-Oct-2002 Current

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%.

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
-24.04%
Revenue from Operations
-27.39%
Total Assets
-8.36%
Profit or Loss
87.49%
Net Worth
-27.73%
EBITDA
58.54%

What is the Ownership and Shareholding Structure of Somakanth Multi Tech?

In 2022, Somakanth Multi Tech had a promoter holding of 100.00%. 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

Satisfied Charges

₹9.00 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.90 Cr

Latest Charge Details

Date Lender Amount Status
24 Dec 2002 State Bank Of India ₹9.00 M Satisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Somakanth Multi Tech, 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 Somakanth Multi Tech'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 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 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Somakanth Multi Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • 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

    Tatineni Venkateshwara Rao was appointed as a Managing Director was appointed as a Managing Director on 18 Oct 2002 & has been associated with this company since 22 years 3 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.

    • Tatineni Venkateshwara Rao
    • Somasekara Rao Tatineni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Somakanth Multi Tech Private Limited is Plot No.A-31 Road No.7 Ida Kukatpally, Hyderabad. India, Andhra Pradesh, Telangana, 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 2024.

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