Somani Iron And Steels Limited

Manufactures iron and steel bars since 1971 in Uttar Pradesh.

1971 | Kanpur Dehat, Uttar Pradesh (India) | Active
Last Updated: October 24, 2024

Somani Iron And Steels Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 9.49 Cr
  • Company Age 53 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.64 Cr
  • Satisfied Charges ₹ 93.73 Cr
  • Revenue Growth 22.96%
  • Profit Growth 24.40%
  • Ebitda -13.40%
  • Net Worth 41.68%
  • Total Assets -3.09%

About Somani Iron And Steels

Somani Iron And Steels Limited (SIASL) was founded in India on 21 June 1971 and has a glorious history of 53 years and seven months.Its registered office is in Kanpur Dehat, Uttar Pradesh, India.

The Company is engaged in the Metals And Minerals 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 20.00 Cr and a paid-up capital of Rs 9.49 Cr.

The company currently has active open charges totaling ₹1.64 Cr. The company has closed loans amounting to ₹93.73 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ganesh Tulsian, Phool Lata, Krishan Kumar, and Five other members serve as directors at the Company.

Company Details

  • Location

    Kanpur Dehat, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27110UP1971PLC003427

  • Company No.

    003427

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Jun 1971

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Metals and Minerals

Who are the key members and board of directors at Somani Iron And Steels?

Board Members (8)

Name Designation Appointment Date Status
Girish Somani Country flag representing In Director 16-Dec-2008 Current
Ganesh Tulsian Country flag representing In Director 02-Sep-2015 Current
Phool Lata Country flag representing In Director 16-Dec-2008 Current
Krishan Kumar Country flag representing In Director 30-Dec-1975 Current
Gaurav Somani Country flag representing In Director 16-Dec-2008 Current
Nimish Kumar Country flag representing In Director 16-Dec-2008 Current

Financial Performance of Somani Iron And Steels.

Somani Iron And Steels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.96% increase. The company also saw a substantial improvement in profitability, with a 24.4% increase in profit. The company's net worth Soared by an impressive increase of 41.68%.

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
22.96%
Revenue from Operations
Total Assets
-3.09%
Profit or Loss
24.40%
Net Worth
41.68%
EBITDA
-13.40%

What is the Ownership and Shareholding Structure of Somani Iron And Steels?

In 2023, Somani Iron And Steels had a promoter holding of 54.44% and a public holding of 45.57%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.64 Cr

Satisfied Charges

₹93.73 Cr

Charges Breakdown by Lending Institutions

  • Quick Elctronics And Engineering Company Limited : 1.57 Cr
  • Uttar Pradesh Financial Corporation : 0.07 Cr

Latest Charge Details

Date Lender Amount Status
06 Jul 1982 Quick Elctronics And Engineering Company Limited ₹7.51 M Open
26 May 1982 Uttar Pradesh Financial Corporation ₹0.66 M Open
27 Jun 1972 Quick Elctronics And Engineering Company Limited ₹2.10 M Open
30 May 1972 Quick Elctronics And Engineering Company Limited ₹0.24 M Open
08 May 1972 Quick Elctronics And Engineering Company Limited ₹5.40 M Open

How Many Employees Work at Somani Iron And Steels?

Unlock and access historical data on people associated with Somani Iron And Steels, 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 Somani Iron And Steels, 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 Somani Iron And Steels'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 Somani Iron And Steels

Recent activity within the organization

  • Annual General Meeting

    Somani Iron And Steels Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Somani Iron And Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Charges

    A charge registered on 08 Nov 1993 via Charge ID 90268753 with The Indstrial Credit & Investment Corp. Of India Limited was fully satisfied on 21 Feb 2022.

    21 Feb 2022

  • Charges

    A charge registered on 08 Nov 1993 via Charge ID 80066354 with The Idbi was fully satisfied on 13 Jul 2021.

    13 Jul 2021

  • Director Appointment

    Ganesh Prasad Tulsian was appointed as a Director was appointed as a Director on 02 Sep 2015 & has been associated with this company since 9 years 5 months .

    02 Sep 2015

  • Charges

    A charge registered on 18 Feb 2006 via Charge ID 80066843 with Standard Chartered Bank was fully satisfied on 13 May 2015.

    13 May 2015

Frequently asked questions

  • Somani Iron And Steels Limited was incorporated on 21 Jun 1971.

  • The authorized share capital of Somani Iron And Steels Limited is ₹ 20.00 Cr and paid-up capital is ₹ 9.49 Cr.

  • Currently 8 directors are associated with Somani Iron And Steels Limited.

    • Ganesh Prasad Tulsian
    • Phool Somani Lata
    • Krishan Somani Kumar
    • Gaurav Somani
    • Girish Somani
    • Nimish Somani Kumar
    • Reva Somani
    • Arun Kumar Tewari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Somani Iron And Steels Limited is Somani Bhawan 51/27 Nayaganj India, Kanpur, Uttar Pradesh, 208001.

  • The corporate identification number (CIN) of Somani Iron And Steels Limited is U27110UP1971PLC003427 and the company number is 003427 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Somani Iron And Steels Limited is https://www.rhlprofiles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Somani Iron And Steels Limited has risen by 22.96%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Somani Iron And Steels Limited has experienced an upsurge of 41.68%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Somani Iron And Steels Limited amount to ₹ 1.64 Cr.

  • The most recent Balance Sheet for Somani Iron And Steels Limited was filed with the ROC on 31 Mar 2023.

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