Somu Solvents Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 5.77 Cr
- Company Age 41 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 25.89 Cr
- Satisfied Charges ₹ 14.22 Cr
- Revenue Growth -14.99%
- Profit Growth 13.40%
- Ebitda 13.63%
- Net Worth 37.23%
- Total Assets 0.04%
About Somu Solvents
Somu Solvents Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 September 1983 and has a history of 41 years and four months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as The Hindamata Industries Limited. The Company is engaged in the Chemicals And Materials 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 10.00 Cr and a paid-up capital of Rs 5.77 Cr.
The company currently has active open charges totaling ₹25.89 Cr. The company has closed loans amounting to ₹14.22 Cr, as per Ministry of Corporate Affairs (MCA) records.
Channaiahchetty Somashekar, Shivakumar Shankarappa, Savalappa Rajashekar, and Four other members serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U24231KA1983PTC005602
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Company No.
005602
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
26 Sep 1983
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Somu Solvents?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shivakumar Shankarappa
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Director | 24-Jan-1992 | Current |
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Praveen Somashekar
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Director | 28-Sep-2011 | Current |
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Channaiahchetty Somashekar
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Director | 26-Sep-1983 | Current |
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Savalappa Rajashekar
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Director | 24-Jan-1992 | Current |
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Somashekar Renukadevi
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Director | 26-Sep-1983 | Current |
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Somashekar Prajwal
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Director | 28-Sep-2011 | Current |
Financial Performance of Somu Solvents.
Somu Solvents Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.99% decrease. The company also saw a substantial improvement in profitability, with a 13.4% increase in profit. The company's net worth Soared by an impressive increase of 37.23%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Somu Solvents?
In 2023, Somu Solvents had a promoter holding of 65.37% and a public holding of 34.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Somu Chem Pack Private LimitedChannaiahchetty Somashekar, Somashekar Renukadevi and 2 more are mutual person
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Somu Protopack Private LimitedChannaiahchetty Somashekar and Somashekar Renukadevi are mutual person
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Charges (Loans)
₹25.89 Cr
₹14.22 Cr
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 25.28 Cr
- Bank Of India : 0.61 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Feb 2022 | The Hongkong And Shanghai Banking Corporation Limited | ₹1.22 Cr | Open |
| 23 Mar 2021 | The Hongkong And Shanghai Banking Corporation Limited | ₹1.22 Cr | Open |
| 04 Nov 2020 | The Hongkong And Shanghai Banking Corporation Limited | ₹11.00 Cr | Open |
| 29 Jul 2019 | The Hongkong And Shanghai Banking Corporation Limited | ₹8.50 M | Open |
| 28 May 2019 | The Hongkong And Shanghai Banking Corporation Limited | ₹11.00 Cr | Open |
How Many Employees Work at Somu Solvents?
Somu Solvents has a workforce of 45 employees as of Mar 27, 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 Somu Solvents, 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 Somu Solvents'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.
