Sonam Limited

Manufacturer and trader of various types of clocks under multiple brand names.

2001 | Lajai, Gujarat (India) | Active
Last Updated: July 31, 2024

Sonam Profile

Key Indicators

  • Authorised Capital ₹ 21.00 Cr
  • Paid Up Capital ₹ 20.02 Cr
  • Company Age 23 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 29.14 Cr
  • Satisfied Charges ₹ 36.65 Cr
  • Revenue Growth -5.33%
  • Profit Growth 17.80%
  • Ebitda 7.61%
  • Net Worth 8.29%
  • Total Assets -5.87%

About Sonam

Sonam Limited (SL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 June 2001 and has a history of 23 years and seven months. Its registered office is in Lajai, Gujarat, India.

It is listed on the National Stock Exchange(NSE) under the ticker symbol SONAMCLOCK.

The Corporate was formerly known as Sonam Clock Limited. The Company is engaged in the Consumer Goods 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 21.00 Cr and a paid-up capital of Rs 20.02 Cr.

The company currently has active open charges totaling ₹29.14 Cr. The company has closed loans amounting to ₹36.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sonam Limited India are Milankumar Ganatra as COMPANY SECRETARY and Amitbhai Vaghajiyani as Cfo. Jayesh Shah, Deepaben Shah, Harshil Shah, and Three other members serve as directors at the Company.

Company Details

  • Location

    Lajai, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U33302GJ2001PLC039689

  • Company No.

    039689

  • Stock Symbol

    NSE : SONAMCLOCK

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Jun 2001

  • Date of AGM

    22 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Goods

What products or services does Sonam Limited offer?

Sonam Limited offers a wide range of products and services, including Clocks and Watches, Wall Clocks, Decorative Clock, Office Clock, Designer Wall Clock, Musical Wall Clock, Office Stationery & Calculator, Table Clock, Digital Clock, LED Digital Clock.

Who are the key members and board of directors at Sonam?

Executive Team (3)

Name Designation Appointment Date Status
Jayesh Shah Country flag representing In Managing Director 21-Jun-2001 Current
Milankumar Ganatra Country flag representing In Company Secretary 01-Feb-2020 Current
Amitbhai Vaghajiyani CFO 21-Feb-2018 Current

Board Members (5)

Name Designation Appointment Date Status
Deepaben Shah Country flag representing In Whole-Time Director 21-Jun-2001 Current
Harshil Shah Country flag representing In Director 30-Jun-2020 Current
Shreyansh Vora Country flag representing In Director 30-Dec-2017 Current
Suresh Dave Country flag representing In Director 10-Nov-2021 Current
Ashaben Patel Country flag representing In Director 22-Jul-2023 Current

Financial Performance of Sonam.

Sonam Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.33% decrease. The company also saw a substantial improvement in profitability, with a 17.8% increase in profit. The company's net worth moved up by a moderate rise of 8.29%.

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
-5.33%
Revenue from Operations
-5.50%
Total Assets
-5.87%
Profit or Loss
17.80%
Net Worth
8.29%
EBITDA
7.61%

What is the Ownership and Shareholding Structure of Sonam?

In 2023, Sonam had a promoter holding of 74.01% and a public holding of 25.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹29.14 Cr

Satisfied Charges

₹36.65 Cr

Charges Breakdown by Lending Institutions

  • Others : 29.14 Cr

Latest Charge Details

Date Lender Amount Status
22 Sep 2023 Others ₹29.14 Cr Open
25 Apr 2022 Bank Of India ₹2.00 Cr Satisfied
30 Jun 2005 Bank Of India ₹29.26 Cr Satisfied
28 Jun 2004 Hdfc Bank Ltd. ₹1.59 Cr Satisfied
23 Aug 2002 State Bank Of Saurashtra ₹2.05 Cr Satisfied

How Many Employees Work at Sonam?

Sonam has a workforce of 66 employees as of Apr 02, 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 Sonam, 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 Sonam'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 Sonam

Recent activity within the organization

  • Charges

    A charge registered on 30 Jun 2005 via Charge ID 90106024 with Bank Of India was fully satisfied on 04 Oct 2023.

    04 Oct 2023

  • Charges

    A charge with Others amounted to Rs. 29.14 Cr with Charge ID 100801635 was registered on 22 Sep 2023.

    22 Sep 2023

  • Annual General Meeting

    Sonam Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.

    22 Sep 2023

  • Director Appointment

    Ashaben Vipulkumar Patel was appointed as a Director was appointed as a Director on 22 Jul 2023 & has been associated with this company since 1 year 6 months .

    22 Jul 2023

  • Balance Sheet

    Sonam Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 25 Apr 2022 via Charge ID 100570155 with Bank Of India was fully satisfied on 09 Nov 2022.

    09 Nov 2022

Frequently asked questions

  • Sonam Limited was incorporated on 21 Jun 2001.

  • The authorized share capital of Sonam Limited is ₹ 21.00 Cr and paid-up capital is ₹ 20.02 Cr.

  • Currently 8 directors are associated with Sonam Limited.

    • Jayesh Chhabildas Shah
    • Deepaben Jayeshbhai Shah
    • Harshil Jayeshbhai Shah
    • Shreyansh Vijaybhai Vora
    • Suresh Somnath Dave
    • Ashaben Vipulkumar Patel
    • Milankumar Sureshbhai Ganatra
    • Amitbhai Jamnadas Vaghajiyani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sonam Limited is Survey No. 337/P Morbi Rajkot Highway Tal. Tankara Dist. Morbi, Lajai, Gujarat, India, 363641.

  • The corporate identification number (CIN) of Sonam Limited is U33302GJ2001PLC039689 and the company number is 039689 as per Ministry of Corporate Affairs (MCA).

  • Yes, Sonam Limited is registered on National Stock Exchange (NSE).

  • The Official website of Sonam Limited is https://www.sonamquartz.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sonam Limited has fallen by -5.33%.

  • As Per 2023 financial reports, 66 employees are currently employed by Sonam Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sonam Limited has experienced an upsurge of 8.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sonam Limited amount to ₹ 29.14 Cr.

  • The most recent Balance Sheet for Sonam Limited was filed with the ROC on 31 Mar 2023.

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