Somnath Spinning Private Limited

Greenfield project for manufacturing cotton yarn with recycling capabilities.

2021 | Surendra Nagar, Gujarat (India) | Active
Last Updated: November 04, 2024

Somnath Spinning Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 25.00 Cr
  • Company Age 3 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 69.42 Cr
  • Revenue Growth %
  • Ebitda
  • Net Worth 437.50%
  • Total Assets 381.09%

About Somnath Spinning

Somnath Spinning Private Limited (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 September 2021 (Three years and four months 15 days old ). Its registered office is in Surendra Nagar, 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 25.00 Cr and a paid-up capital of Rs 25.00 Cr.

The company currently has active open charges totaling ₹69.42 Cr.

The Key Managerial Personnel (KMP) at Somnath Spinning Private Limited India is Raj Shah as COMPANY SECRETARY. Nitinbhai Goraiya, Dilipbhai Talvaniya, Amrutbhai Patel, and Three other members serve as directors at the Company.

Company Details

  • Location

    Surendra Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17299GJ2021PTC125755

  • Company No.

    125755

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Sep 2021

  • 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 Spinning?

Executive Team (1)

Name Designation Appointment Date Status
Raj Shah Country flag representing In Company Secretary 01-Jan-2023 Current

Board Members (6)

Name Designation Appointment Date Status
Manojbhai Hulani Country flag representing In Director 17-Dec-2021 Current
Nitinbhai Goraiya Country flag representing In Director 21-Sep-2021 Current
Dilipbhai Talvaniya Country flag representing In Director 21-Sep-2021 Current
Amrutbhai Patel Country flag representing In Director 21-Sep-2021 Current
Mohit Patel Country flag representing In Director 21-Sep-2021 Current
Vasudevbhai Patel Country flag representing In Director 21-Sep-2021 Current

Financial Performance of Somnath Spinning.

Somnath Spinning Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth Soared by an impressive increase of 437.5%.

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
Revenue from Operations
Total Assets
381.09%
Profit or Loss
Net Worth
437.50%
EBITDA

What is the Ownership and Shareholding Structure of Somnath Spinning?

In 2023, Somnath Spinning had a promoter holding of 27.00% and a public holding of 73.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹69.42 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 59.30 Cr
  • Hdfc Bank Limited : 10.12 Cr

Latest Charge Details

Date Lender Amount Status
05 Feb 2024 Hdfc Bank Limited ₹9.90 Cr Open
19 Aug 2023 Hdfc Bank Limited ₹2.23 M Open
06 Oct 2022 State Bank Of India ₹59.30 Cr Open

How Many Employees Work at Somnath Spinning?

Unlock and access historical data on people associated with Somnath Spinning, 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 Somnath Spinning, 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 Spinning'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 Spinning

Recent activity within the organization

  • Annual General Meeting

    Somnath Spinning 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 Spinning 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 Hdfc Bank Limited amounted to Rs. 9.90 Cr with Charge ID 100880503 was registered on 05 Feb 2024.

    05 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100769659 was registered on 19 Aug 2023.

    19 Aug 2023

  • Director Appointment

    Raj Anilkumar Shah was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jan 2023 & has been associated with this company since 2 years 1 month .

    01 Jan 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 59.30 Cr with Charge ID 100624337 was registered on 06 Oct 2022.

    06 Oct 2022

Frequently asked questions

  • Somnath Spinning Private Limited was incorporated on 21 Sep 2021.

  • The authorized share capital of Somnath Spinning Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 25.00 Cr.

  • Currently 7 directors are associated with Somnath Spinning Private Limited.

    • Nitinbhai Devkaranbhai Goraiya
    • Dilipbhai Bhagwanbhai Talvaniya
    • Raj Anilkumar Shah
    • Amrutbhai Chamanbhai Patel
    • Mohit Dilipbhai Patel
    • Vasudevbhai Chamanbhai Patel
    • Manojbhai Mahadevbhai Hulani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Somnath Spinning Private Limited is R.S. No. 455 451 445 Opp. Ramkrushna Cotspin Pvt. Ltd., Solad I India, Dhrangadhra, Gujarat, 363310.

  • The corporate identification number (CIN) of Somnath Spinning Private Limited is U17299GJ2021PTC125755 and the company number is 125755 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Somnath Spinning Private Limited is https://www.somnathspinning.com

  • The financial reports for the fiscal year 2023 indicates that The net worth of Somnath Spinning Private Limited has experienced an upsurge of 437.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Somnath Spinning Private Limited amount to ₹ 69.42 Cr.

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