Somani Ispat Private Limited

Steel and iron trading for fabrication, cement, infrastructure, and machine manufacturing industries.

1992 | Hyderabad, Telangana (India) | Active
Last Updated: January 10, 2025

Somani Ispat Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.15 Cr
  • Company Age 32 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 159.00 Cr
  • Revenue Growth 60.26%
  • Profit Growth 88.84%
  • Ebitda 86.37%
  • Net Worth 31.56%
  • Total Assets 44.37%

About Somani Ispat

Somani Ispat Private Limited (SIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 June 1992 and has a history of 32 years and eight months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as B.S.A. Industries And Investments Private Limited. 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 4.00 Cr and a paid-up capital of Rs 3.15 Cr.

The company currently has active open charges totaling ₹159.00 Cr.

Ashok Somani and Sanjay Somani serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    somanisteel.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109TG1992PTC014351

  • Company No.

    014351

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jun 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Metals and Minerals

What products or services does Somani Ispat Private Limited offer?

Somani Ispat Private Limited offers a wide range of products and services, including Roofing and False ceiling, Roofing Sheets, Beams, Purlins, Frames and Girders, Metal Beams, Steel Beams, Steel Plates, MS Plates.

Who are the key members and board of directors at Somani Ispat?

Board Members (2)

NameDesignationAppointment DateStatus
Ashok Somani Country flag representing In Whole-Time Director 09-Jun-1992Current
Sanjay Somani Country flag representing In Whole-Time Director 30-Mar-1995Current

Financial Performance of Somani Ispat.

Somani Ispat Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 60.26% increase. The company also saw a substantial improvement in profitability, with a 88.84% increase in profit. The company's net worth Soared by an impressive increase of 31.56%.

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
60.26%
Revenue from Operations
60.31%
Total Assets
44.37%
Profit or Loss
88.84%
Net Worth
31.56%
EBITDA
86.37%

What is the Ownership and Shareholding Structure of Somani Ispat?

In 2022, Somani Ispat had a promoter holding of 95.47% and a public holding of 4.53%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹159.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 159.00 Cr

Latest Charge Details

DateLenderAmountStatus
02 Mar 2000Others₹159.00 CrOpen

How Many Employees Work at Somani Ispat?

Somani Ispat has a workforce of 228 employees as of Apr 05, 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 Somani Ispat, 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 Ispat'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 Ispat

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 159.00 Cr registered on 02 Mar 2000 with Charge ID 90261885 was modified on 22 May 2023.

    22 May 2023

  • Balance Sheet

    Somani Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 159.00 Cr with Charge ID 90261885 was registered on 02 Mar 2000.

    02 Mar 2000

  • Director Appointment

    Sanjay Kumar Somani was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Mar 1995 & has been associated with this company since 29 years 10 months .

    30 Mar 1995

  • Director Appointment

    Ashok Kumar Somani was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 09 Jun 1992 & has been associated with this company since 32 years 8 months .

    09 Jun 1992

Frequently asked questions

  • Somani Ispat Private Limited was incorporated on 09 Jun 1992.

  • The authorized share capital of Somani Ispat Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.15 Cr.

  • Currently 2 directors are associated with Somani Ispat Private Limited.

    • Ashok Kumar Somani
    • Sanjay Kumar Somani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Somani Ispat Private Limited is No. 5-2-283/A Plot 9 10 2Nd Floor A. N. Complex, Hyderbasti India, Secunderabad, Telangana, 500003.

  • The corporate identification number (CIN) of Somani Ispat Private Limited is U27109TG1992PTC014351 and the company number is 014351 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Somani Ispat Private Limited is https://www.somanisteel.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Somani Ispat Private Limited has risen by 60.26%.

  • As Per 2022 financial reports, 228 employees are currently employed by Somani Ispat Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Somani Ispat Private Limited has experienced an upsurge of 31.56%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Somani Ispat Private Limited amount to ₹ 159.00 Cr.

  • The most recent Balance Sheet for Somani Ispat Private Limited was filed with the ROC on 31 Mar 2023.