Somu Steel & Power Limited

Produces and sells iron and steel products.

2007 | Nagpur, Maharashtra (India) | Active
Last Updated: January 11, 2025

Somu Steel & Power Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.54 M
  • Company Age 17 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 500.00 Cr
  • Revenue Growth -77.19%
  • Profit Growth -115.13%
  • Ebitda 76.75%
  • Net Worth -8.37%
  • Total Assets -91.63%

About Somu Steel & Power

Somu Steel & Power Limited (SSPL) is a Public Limited Indian Non-Government Company incorporated in India on 14 December 2007 and has a history of 17 years and one month. Its registered office is in Nagpur, Maharashtra, India.

The Company is engaged in the Metals And Minerals 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 1.00 M and a paid-up capital of Rs 0.54 M.

The company currently has active open charges totaling ₹500.00 Cr.

Ajay Agrawal, Sanjay Puranlal, Dinesh Bharuka, and Two other members serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27106MH2007PLC176783

  • Company No.

    176783

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Dec 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Somu Steel & Power?

Board Members (5)

Name Designation Appointment Date Status
Ajay Agrawal Country flag representing In Director 01-Jun-2009 Current
Sanjay Puranlal Country flag representing In Director 01-Jun-2009 Current
Dinesh Bharuka Country flag representing In Director 10-Apr-2023 Current
Rajendra Bharuka Country flag representing In Director 10-Apr-2023 Current
Saurabh Agrawal Country flag representing In Director 16-Jun-2010 Current

Financial Performance of Somu Steel & Power.

Somu Steel & Power Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 77.19% decrease. The company also saw a substantial fall in profitability, with a 115.13% decrease in profit. The company's net worth dipped by a decrease of 8.37%.

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
-77.19%
Revenue from Operations
-0.73%
Total Assets
-91.63%
Profit or Loss
-115.13%
Net Worth
-8.37%
EBITDA
76.75%

What is the Ownership and Shareholding Structure of Somu Steel & Power?

In 2022, Somu Steel & Power had a promoter holding of 59.08% and a public holding of 40.92%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5,000.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 500.00 Cr

Latest Charge Details

Date Lender Amount Status
02 Aug 2024 Others ₹500.00 Cr Open

How Many Employees Work at Somu Steel & Power?

Unlock and access historical data on people associated with Somu Steel & Power, 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 Somu Steel & Power, 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 Steel & Power'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 Somu Steel & Power

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 5,000.00 M with Charge ID 100972653 was registered on 02 Aug 2024.

    02 Aug 2024

  • Annual General Meeting

    Somu Steel & Power Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Dinesh Satyanarayan Bharuka was appointed as a Director was appointed as a Director on 10 Apr 2023 & has been associated with this company since 1 year 10 months .

    10 Apr 2023

  • Director Appointment

    Rajendra Satyanarayan Bharuka was appointed as a Director was appointed as a Director on 10 Apr 2023 & has been associated with this company since 1 year 10 months .

    10 Apr 2023

  • Balance Sheet

    Somu Steel & Power Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Saurabh Sanjay Agrawal was appointed as a Director was appointed as a Director on 16 Jun 2010 & has been associated with this company since 14 years 7 months .

    16 Jun 2010

Frequently asked questions

  • Somu Steel & Power Limited was incorporated on 14 Dec 2007.

  • The authorized share capital of Somu Steel & Power Limited is ₹ 1.00 M and paid-up capital is ₹ 0.54 M.

  • Currently 5 directors are associated with Somu Steel & Power Limited.

    • Ajay Puranlal Agrawal
    • Sanjay Agrawal Puranlal
    • Dinesh Satyanarayan Bharuka
    • Rajendra Satyanarayan Bharuka
    • Saurabh Sanjay Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Somu Steel & Power Limited is 9, Imambada Road India, Nagpur, Maharashtra, 440018.

  • The corporate identification number (CIN) of Somu Steel & Power Limited is U27106MH2007PLC176783 and the company number is 176783 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Somu Steel & Power Limited has fallen by -77.19%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Somu Steel & Power Limited has experienced an downturn of -8.37%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Somu Steel & Power Limited amount to ₹ 500.00 Cr.

  • The most recent Balance Sheet for Somu Steel & Power Limited was filed with the ROC on 31 Mar 2023.

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