Somal Pipes Profile
Key Indicators
- Authorised Capital ₹ 1.75 Cr
- Paid Up Capital ₹ 1.37 Cr
- Company Age 45 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.96 Cr
- Satisfied Charges ₹ 4.85 Cr
- Revenue Growth 34.23%
- Profit Growth 100.67%
- Ebitda 30.46%
- Net Worth 13.60%
- Total Assets 0.85%
About Somal Pipes
Somal Pipes Pvt Ltd (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 December 1979 and has a history of 45 years and one month. Its registered office is in Punjab, Punjab, India.
The Company is engaged in the Manufacturing 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 1.75 Cr and a paid-up capital of Rs 1.37 Cr.
The company currently has active open charges totaling ₹12.96 Cr. The company has closed loans amounting to ₹4.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
Gursimar Somal, Karan Singh, and Harvinder Somal serve as directors at the Company.
Company Details
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Location
Punjab, Punjab, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U28939PB1979PTC004094
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Company No.
004094
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
15 Dec 1979
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
What products or services does Somal Pipes Pvt Ltd offer?
Somal Pipes Pvt Ltd offers a wide range of products and services, including Bricks & Construction Aggregates, Bricks, Industrial Furnaces & Ovens, Furnace Parts, Refractory Bricks, Cupola Bricks, Dense Castables, Fire Bricks, High Alumina Brick, High Alumina Fire Brick.
Who are the key members and board of directors at Somal Pipes?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gursimar Somal
|
Managing Director | 01-Jun-2012 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Karan Singh
|
Director | 01-Apr-2010 | Current |
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Harvinder Somal
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Director | 15-Dec-1979 | Current |
Financial Performance of Somal Pipes.
Somal Pipes Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 34.23% increase. The company also saw a substantial improvement in profitability, with a 100.67% increase in profit. The company's net worth Soared by an impressive increase of 13.6%.
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What is the Ownership and Shareholding Structure of Somal Pipes?
In 2023, Somal Pipes had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Somal Logistics Private LimitedGursimar Somal and Harvinder Somal are mutual person
Charges (Loans)
₹12.96 Cr
₹4.85 Cr
Charges Breakdown by Lending Institutions
- Punjab & Sind Bank : 6.40 Cr
- Axis Bank Limited : 4.99 Cr
- Hdfc Bank Limited : 1.30 Cr
- Yes Bank Limited : 0.27 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jul 2023 | Hdfc Bank Limited | ₹3.50 M | Open |
| 24 May 2022 | Axis Bank Limited | ₹4.99 Cr | Open |
| 29 Nov 2021 | Hdfc Bank Limited | ₹9.49 M | Open |
| 11 Jun 2018 | Yes Bank Limited | ₹2.70 M | Open |
| 12 Feb 2001 | Punjab & Sind Bank | ₹6.40 Cr | Open |
How Many Employees Work at Somal Pipes?
Somal Pipes has a workforce of 32 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Somal Pipes, 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 Somal Pipes's trajectory.
Rating
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
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.
