Somos Business Private Limited

Provides web design and development, content creation, SEO, branding, social media, and e-commerce services.

2017 | Bangaluru, Karnataka (India) | Active
Last Updated: January 07, 2025

Somos Business Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 7 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -69.15%
  • Profit Growth -51.08%
  • Ebitda -57.74%
  • Net Worth 4.06%
  • Total Assets 3.13%

About Somos Business

Somos Business Private Limited (SBPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 May 2017 (Seven years and eight months 7 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology 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 0.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Abhilash Sarangi and Jagat Jivan serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2017PTC103328

  • Company No.

    103328

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 May 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology
Media and Publishing

Who are the key members and board of directors at Somos Business?

Board Members (2)

Name Designation Appointment Date Status
Jagat Jivan Country flag representing In Director 30-Oct-2021 Current
Abhilash Sarangi Country flag representing In Director 25-May-2017 Current

Financial Performance of Somos Business.

Somos Business Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 69.15% decrease. The company also saw a substantial fall in profitability, with a 51.08% decrease in profit. The company's net worth moved up by a moderate rise of 4.06%.

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
-69.15%
Revenue from Operations
-69.15%
Total Assets
3.13%
Profit or Loss
-51.08%
Net Worth
4.06%
EBITDA
-57.74%

What is the Ownership and Shareholding Structure of Somos Business?

In 2018, Somos Business had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Somos Business?

Unlock and access historical data on people associated with Somos Business, 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 Somos Business, 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 Somos Business'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 Somos Business

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Somos Business Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Jagat Pattanayak Jivan was appointed as a Director was appointed as a Director on 30 Oct 2021 & has been associated with this company since 3 years 3 months .

    30 Oct 2021

  • Director Appointment

    Abhilash Sarangi was appointed as a Director was appointed as a Director on 25 May 2017 & has been associated with this company since 7 years 8 months .

    25 May 2017

  • Company Incorporation

    Somos Business Private Limited was registered on 25 May 2017 with Roc Bangalore & aged 7 years 8 months as per MCA records.

    25 May 2017

Frequently asked questions

  • Somos Business Private Limited was incorporated on 25 May 2017.

  • The authorized share capital of Somos Business Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Somos Business Private Limited.

    • Abhilash Sarangi
    • Jagat Pattanayak Jivan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Somos Business Private Limited is No.22/39 2Nd Floor 13Th Cross 6Th Main, Mahalakshmi Layout India, Bangalore, Karnataka, 560086.

  • The corporate identification number (CIN) of Somos Business Private Limited is U72900KA2017PTC103328 and the company number is 103328 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Somos Business Private Limited is https://www.somosdigital.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Somos Business Private Limited has fallen by -69.15%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Somos Business Private Limited has experienced an upsurge of 4.06%.

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

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