Somerset Therapeutics Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 15.70 Cr
- Company Age 34 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 30.00 Cr
- Satisfied Charges ₹ 58.06 Cr
- Revenue Growth 26.09%
- Profit Growth -200.62%
- Ebitda -34.56%
- Net Worth -43.86%
- Total Assets 54.17%
About Somerset Therapeutics
Somerset Therapeutics Private Limited (STPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 August 1990 and has a history of 34 years and six months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Recon Pharma Pvt Ltd. The Company is engaged in the Chemicals 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 50.00 Cr and a paid-up capital of Rs 15.70 Cr.
The company currently has active open charges totaling ₹30.00 Cr. The company has closed loans amounting to ₹58.06 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Somerset Therapeutics Private Limited India are Kamala Tejoram as COMPANY SECRETARY and Sudhakar Krupendra as Cfo. Kannilakshmaniyer Paranjyothi, Ramasamy Thirumoorti, and Karupannan Murali serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U85110KA1990PTC011166
- Company No.
011166
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Aug 1990
- Date of AGM
20 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Chemicals
Research & Development
What products or services does Somerset Therapeutics Private Limited offer?
Somerset Therapeutics Private Limited offers a wide range of products and services, including Pharmaceutical Medicine, Cashew Nuts (Kaju), Split Cashew Nut, Brain & Nervous System Drugs, Psychotherapeutic Agents, Printing Paper, JK Copier Paper, Healing Crystals, Crystal Stone, A4 Size Paper.
Who are the key members and board of directors at Somerset Therapeutics?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kamala Tejoram  | Company Secretary | Current | |
| Sudhakar Krupendra | CFO | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kannilakshmaniyer Paranjyothi | Director | 06-Dec-2012 | Current |
| Ramasamy Thirumoorti | Director | 11-Jul-2013 | Current |
| Karupannan Murali | Whole-Time Director | 01-Feb-2013 | Current |
Financial Performance of Somerset Therapeutics.
Somerset Therapeutics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.09% increase. The company also saw a substantial fall in profitability, with a 200.62% decrease in profit. The company's net worth observed a substantial decline by a decrease of 43.86%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Somerset Therapeutics?
In 2023, Somerset Therapeutics had a promoter holding of 95.34% and a public holding of 4.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Yashaha Laboratories Private LimitedKannilakshmaniyer Paranjyothi is a mutual person
Charges (Loans)
Open Charges
₹30.00 Cr
Satisfied Charges
₹58.06 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 30.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Feb 2024 | Hdfc Bank Limited | ₹30.00 Cr | Open |
| 23 Feb 2022 | State Bank Of India | ₹10.00 Cr | Satisfied |
| 20 Apr 2015 | State Bank Of India | ₹10.00 Cr | Satisfied |
| 29 Mar 2010 | State Bank Of India | ₹17.96 Cr | Satisfied |
| 09 Apr 2007 | Uco Bank | ₹7.90 Cr | Satisfied |
How Many Employees Work at Somerset Therapeutics?
Somerset Therapeutics has a workforce of 511 employees as of Nov 19, 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 Somerset Therapeutics, 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 Somerset Therapeutics'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.
Latest Updates, News, and FAQs on Somerset Therapeutics
Recent activity within the organization
- Annual General Meeting
Somerset Therapeutics Private Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.
- Balance Sheet
Somerset Therapeutics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge registered on 23 Feb 2022 via Charge ID 100546665 with State Bank Of India was fully satisfied on 06 Feb 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.00 Cr with Charge ID 100880237 was registered on 01 Feb 2024.
- Charges
A charge with Hdfc Bank Limited of Rs. 30.00 Cr registered on 01 Feb 2024 with Charge ID 100880237 was modified on 01 Feb 2024.
- Charges
A charge with State Bank Of India amounted to Rs. 10.00 Cr with Charge ID 100546665 was registered on 23 Feb 2022.
Recent News, Updates & Announcement
Endo Announces Termination of Acquisition Agreements with Somerset Therapeutics and Business of Affiliate Wintac Limited./PRNewswire/ -- Endo International plc (NASDAQ: ENDP) today announced that its subsidiaries, Endo Ventures Limited, Par Pharmaceutical, Inc. and Par....
- Wintac's director Kavitha Krishnamoorthy resigns.
The Board of Directors of the Company has accepted the Resignation of Ms. Kavitha Krishnamoorthy as Independent Director of the Company..
Frequently asked questions
What is the Incorporation or founding date of Somerset Therapeutics Private Limited?
Somerset Therapeutics Private Limited was incorporated on 23 Aug 1990.
What is authorized share capital and paid-up capital of Somerset Therapeutics Private Limited?
The authorized share capital of Somerset Therapeutics Private Limited is ₹ 50.00 Cr and paid-up capital is ₹ 15.70 Cr.
Who are the current board members & directors of Somerset Therapeutics Private Limited?
Currently 5 directors are associated with Somerset Therapeutics Private Limited.
- Kannilakshmaniyer Krishnamachary Paranjyothi
- Ramasamy Anbarasi Thirumoorti
- Karupannan Poongudi Murali
- Kamala Pinnu Tejoram
- Sudhakar Varamballi Krupendra
What is the registered address of Somerset Therapeutics Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Somerset Therapeutics Private Limited is 54/1 / 54/2 Boodihal Village, Nelamangala India, Bangalore, Karnataka, 562123.
What is the corporate identification number (CIN) and company number of Somerset Therapeutics Private Limited?
The corporate identification number (CIN) of Somerset Therapeutics Private Limited is U85110KA1990PTC011166 and the company number is 011166 as per Ministry of Corporate Affairs (MCA).
What is the official website of Somerset Therapeutics Private Limited?
The Official website of Somerset Therapeutics Private Limited is https://www.somersetlimited.com
What has been the recent revenue trend for Somerset Therapeutics Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Somerset Therapeutics Private Limited has risen by 26.09%.
How many employees does Somerset Therapeutics Private Limited currently have?
As Per 2023 financial reports, 511 employees are currently employed by Somerset Therapeutics Private Limited.
What change has been observed in the net worth of Somerset Therapeutics Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Somerset Therapeutics Private Limited has experienced an downturn of -43.86%.
What are the total open charges for Somerset Therapeutics Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Somerset Therapeutics Private Limited amount to ₹ 30.00 Cr.
When was the last Balance Sheet of Somerset Therapeutics Private Limited filed with the ROC?
The most recent Balance Sheet for Somerset Therapeutics Private Limited was filed with the ROC on 31 Mar 2024.
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