Sonal Irons Industry Private Limited

Manufacturer of structural steel and trading scrap, with a manufacturing unit in Hosur, Karnataka.

2007 | Bangalore, Karnataka (India) | Active
Last Updated: July 03, 2024

Sonal Irons Industry Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 29.04 Cr
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 86.38 Cr
  • Satisfied Charges ₹ 12.83 Cr
  • Revenue Growth 29.53%
  • Profit Growth 29.75%
  • Ebitda 39.55%
  • Net Worth 11.24%
  • Total Assets 7.99%

About Sonal Irons Industry

Sonal Irons Industry Private Limited (SIIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 March 2007 and has a history of 17 years and ten months. Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as Sri Rukmani Rolling Mill Private Limited. 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 30.00 Cr and a paid-up capital of Rs 29.04 Cr.

The company currently has active open charges totaling ₹86.38 Cr. The company has closed loans amounting to ₹12.83 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sonal Irons Industry Private Limited India is Kanive Badarinath as COMPANY SECRETARY. Alok Gupta and Payanna Rajanna serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100KA2007PTC042025

  • Company No.

    042025

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Mar 2007

  • Date of AGM

    14 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

Who are the key members and board of directors at Sonal Irons Industry?

Executive Team (1)

Name Designation Appointment Date Status
Kanive Badarinath Company Secretary 05-Mar-2018 Current

Board Members (2)

Name Designation Appointment Date Status
Alok Gupta Country flag representing In Director 23-Jun-2021 Current
Payanna Rajanna Country flag representing In Whole-Time Director 01-Nov-2016 Current

Financial Performance of Sonal Irons Industry.

Sonal Irons Industry Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.53% increase. The company also saw a substantial improvement in profitability, with a 29.75% increase in profit. The company's net worth Soared by an impressive increase of 11.24%.

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
29.53%
Revenue from Operations
30.12%
Total Assets
7.99%
Profit or Loss
29.75%
Net Worth
11.24%
EBITDA
39.55%

What is the Ownership and Shareholding Structure of Sonal Irons Industry?

In 2023, Sonal Irons Industry had a promoter holding of 85.10% and a public holding of 14.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹86.38 Cr

Satisfied Charges

₹12.83 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 45.20 Cr
  • The South Indian Bank Limited : 41.18 Cr

Latest Charge Details

Date Lender Amount Status
27 Jul 2023 The Hongkong And Shanghai Banking Corporation Limited ₹8.00 Cr Open
21 Mar 2023 The Hongkong And Shanghai Banking Corporation Limited ₹6.70 Cr Open
27 Feb 2023 The Hongkong And Shanghai Banking Corporation Limited ₹30.50 Cr Open
30 Jun 2007 The South Indian Bank Limited ₹41.18 Cr Open
20 Oct 2022 Others ₹12.00 Cr Satisfied

How Many Employees Work at Sonal Irons Industry?

Sonal Irons Industry has a workforce of 81 employees as of Apr 06, 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 Sonal Irons Industry, 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 Sonal Irons Industry'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 Sonal Irons Industry

Recent activity within the organization

  • Annual General Meeting

    Sonal Irons Industry Private Limited last Annual general meeting of members was held on 14 Nov 2023 as per latest MCA records.

    14 Nov 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 30.50 Cr registered on 27 Feb 2023 with Charge ID 100681831 was modified on 20 Oct 2023.

    20 Oct 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 8.00 Cr with Charge ID 100759810 was registered on 27 Jul 2023.

    27 Jul 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 6.70 Cr registered on 21 Mar 2023 with Charge ID 100710390 was modified on 09 Jun 2023.

    09 Jun 2023

  • Balance Sheet

    Sonal Irons Industry Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 6.70 Cr with Charge ID 100710390 was registered on 21 Mar 2023.

    21 Mar 2023

Frequently asked questions

  • Sonal Irons Industry Private Limited was incorporated on 08 Mar 2007.

  • The authorized share capital of Sonal Irons Industry Private Limited is ₹ 30.00 Cr and paid-up capital is ₹ 29.04 Cr.

  • Currently 3 directors are associated with Sonal Irons Industry Private Limited.

    • Alok Gupta
    • Kanive Sriramasetty Badarinath
    • Payanna Rajanna
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sonal Irons Industry Private Limited is No.71/72 5Th BlockIndustrial Layout Jyoti Nivas College Road Koramangala, Bangalore, Karnataka, India, 560095.

  • The corporate identification number (CIN) of Sonal Irons Industry Private Limited is U27100KA2007PTC042025 and the company number is 042025 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sonal Irons Industry Private Limited is https://www.opgojas.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sonal Irons Industry Private Limited has risen by 29.53%.

  • As Per 2023 financial reports, 81 employees are currently employed by Sonal Irons Industry Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sonal Irons Industry Private Limited has experienced an upsurge of 11.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sonal Irons Industry Private Limited amount to ₹ 86.38 Cr.

  • The most recent Balance Sheet for Sonal Irons Industry Private Limited was filed with the ROC on 31 Mar 2023.

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