Somnath Ginning Pressing Private Limited

Textile company specializing in cotton ginning, pressing, distribution, and manufacturing of various yarns and fabrics.

2005 | Amreli, Gujarat (India) | Active
Last Updated: October 24, 2024

Somnath Ginning Pressing Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.34 Cr
  • Company Age 19 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 30.00 Cr
  • Revenue Growth 2.54%
  • Profit Growth 45.36%
  • Ebitda -27.32%
  • Net Worth 4.01%
  • Total Assets -32.10%

About Somnath Ginning Pressing

Somnath Ginning Pressing Private Limited (SGPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 June 2005 and has a history of 19 years and seven months. Its registered office is in Amreli, Gujarat, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.34 Cr.

The company currently has active open charges totaling ₹30.00 Cr.

Rameshbhai Patel and Hareshbhai Borsaniya serve as directors at the Company.

Company Details

  • Location

    Amreli, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17100GJ2005PTC046348

  • Company No.

    046348

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jun 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Somnath Ginning Pressing?

Board Members (2)

Name Designation Appointment Date Status
Rameshbhai Patel Country flag representing In Director 30-Jun-2005 Current
Hareshbhai Borsaniya Country flag representing In Director 30-Jun-2005 Current

Financial Performance of Somnath Ginning Pressing.

Somnath Ginning Pressing Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.54% increase. The company also saw a substantial improvement in profitability, with a 45.36% increase in profit. The company's net worth moved up by a moderate rise of 4.01%.

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
2.54%
Revenue from Operations
2.29%
Total Assets
-32.10%
Profit or Loss
45.36%
Net Worth
4.01%
EBITDA
-27.32%

What is the Ownership and Shareholding Structure of Somnath Ginning Pressing?

In 2023, Somnath Ginning Pressing had a promoter holding of 20.14% and a public holding of 79.86%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 28.50 Cr
  • State Bank Of Saurashtra : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
02 Mar 2007 State Bank Of Saurashtra ₹1.50 Cr Open
19 Nov 2005 State Bank Of India ₹13.50 Cr Open
19 Nov 2005 State Bank Of India ₹15.00 Cr Open

How Many Employees Work at Somnath Ginning Pressing?

Somnath Ginning Pressing has a workforce of 7 employees as of Apr 08, 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 Somnath Ginning Pressing, 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 Somnath Ginning Pressing'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 Somnath Ginning Pressing

Recent activity within the organization

  • Annual General Meeting

    Somnath Ginning Pressing Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Somnath Ginning Pressing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 13.50 Cr registered on 19 Nov 2005 with Charge ID 80000942 was modified on 31 Jul 2015.

    31 Jul 2015

  • Charges

    A charge with State Bank Of India of Rs. 15.00 Cr registered on 19 Nov 2005 with Charge ID 80000944 was modified on 25 Nov 2010.

    25 Nov 2010

  • Charges

    A charge with State Bank Of Saurashtra amounted to Rs. 1.50 Cr with Charge ID 10042434 was registered on 02 Mar 2007.

    02 Mar 2007

  • Charges

    A charge with State Bank Of India amounted to Rs. 15.00 Cr with Charge ID 80000944 was registered on 19 Nov 2005.

    19 Nov 2005

Frequently asked questions

  • Somnath Ginning Pressing Private Limited was incorporated on 30 Jun 2005.

  • The authorized share capital of Somnath Ginning Pressing Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.34 Cr.

  • Currently 2 directors are associated with Somnath Ginning Pressing Private Limited.

    • Rameshbhai Bhupatbhai Patel
    • Hareshbhai Ravjibhai Borsaniya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Somnath Ginning Pressing Private Limited is S No 53, Road Babara India, Amreli, Gujarat, 365421.

  • The corporate identification number (CIN) of Somnath Ginning Pressing Private Limited is U17100GJ2005PTC046348 and the company number is 046348 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Somnath Ginning Pressing Private Limited has risen by 2.54%.

  • As Per 2023 financial reports, 7 employees are currently employed by Somnath Ginning Pressing Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Somnath Ginning Pressing Private Limited has experienced an upsurge of 4.01%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Somnath Ginning Pressing Private Limited amount to ₹ 30.00 Cr.

  • The most recent Balance Sheet for Somnath Ginning Pressing Private Limited was filed with the ROC on 31 Mar 2024.

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