Sovereign Metals Profile
Key Indicators
- Authorised Capital ₹ 60.60 Cr
- Paid Up Capital ₹ 60.60 Cr
- Company Age 13 Year, 9 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 200.00 Cr
- Satisfied Charges ₹ 105.00 Cr
- Revenue Growth 13.05%
- Profit Growth 56.03%
- Ebitda 14.24%
- Net Worth 17.25%
- Total Assets 56.84%
About Sovereign Metals
Sovereign Metals Limited (SML) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 February 2012 and has a history of 13 years. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Sol Metals 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 2024. It's a company limited by shares with an authorized capital of Rs 60.60 Cr and a paid-up capital of Rs 60.60 Cr.
The company currently has active open charges totaling ₹200.00 Cr. The company has closed loans amounting to ₹105.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sovereign Metals Limited India are Ay Rathod as COMPANY SECRETARY and Shruti Shingala as Cfo. Kalpakbhai Maniar, Sheetal Lodhiya, Viral Lodhiya, and Three other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U27109GJ2012PLC069162
- Company No.
069162
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Feb 2012
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Consumer Goods
Who are the key members and board of directors at Sovereign Metals?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Viral Lodhiya  | Managing Director | 19-Sep-2018 | Current |
| Ay Rathod | Company Secretary | 02-Jun-2022 | Current |
| Shruti Shingala | CFO | 01-Dec-2021 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kalpakbhai Maniar | Director | 07-Aug-2020 | Current |
| Sheetal Lodhiya | Director | 15-Nov-2017 | Current |
| Hasmukhlal Delawala | Director | 19-May-2020 | Current |
| Kaushik Lodhiya | Director | 12-Oct-2017 | Current |
| Chimanlal Lodhiya | Director | 12-Oct-2017 | Current |
Financial Performance of Sovereign Metals.
Sovereign Metals Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.05% increase. The company also saw a substantial improvement in profitability, with a 56.03% increase in profit. The company's net worth Soared by an impressive increase of 17.25%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sovereign Metals?
In 2023, Sovereign Metals had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shreeji Ornaments Private LimitedKaushik Lodhiya and Chimanlal Lodhiya are mutual person
Patria Hospitalities Private LimitedKalpakbhai Maniar is a mutual person
- Sahkar Seva Sansthan
Kalpakbhai Maniar is a mutual person
- Sahkar Seva Foundation
Kalpakbhai Maniar is a mutual person
- Rajkot. Net Private Limited
Kalpakbhai Maniar is a mutual person
- Vasundhara Owners Association
Viral Lodhiya, Kaushik Lodhiya and 1 more are mutual person
Charges (Loans)
Open Charges
₹200.00 Cr
Satisfied Charges
₹105.00 Cr
Charges Breakdown by Lending Institutions
- Others : 200.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Aug 2018 | Others | ₹200.00 Cr | Open |
| 09 Jun 2015 | Yes Bank Limited | ₹105.00 Cr | Satisfied |
How Many Employees Work at Sovereign Metals?
Sovereign Metals has a workforce of 95 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sovereign Metals, 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 Sovereign Metals'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.
Latest Updates, News, and FAQs on Sovereign Metals
Recent activity within the organization
- Annual General Meeting
Sovereign Metals Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Sovereign Metals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Director Appointment
Kalpakbhai Arvindbhai Maniar was appointed as a Director was appointed as a Director on 07 Aug 2020 & has been associated with this company since 4 years 6 months .
- Charges
A charge with Others of Rs. 200.00 Cr registered on 07 Aug 2018 with Charge ID 100207763 was modified on 29 Jan 2020.
- Director Appointment
Viral Pankaj Lodhiya was appointed as a Managing Director was appointed as a Managing Director on 19 Sep 2018 & has been associated with this company since 6 years 5 months .
- Charges
A charge with Others amounted to Rs. 200.00 Cr with Charge ID 100207763 was registered on 07 Aug 2018.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Sovereign Metals Limited?
Sovereign Metals Limited was incorporated on 24 Feb 2012.
What is authorized share capital and paid-up capital of Sovereign Metals Limited?
The authorized share capital of Sovereign Metals Limited is ₹ 60.60 Cr and paid-up capital is ₹ 60.60 Cr.
Who are the current board members & directors of Sovereign Metals Limited?
Currently 8 directors are associated with Sovereign Metals Limited.
- Kalpakbhai Arvindbhai Maniar
- Sheetal Pankaj Lodhiya
- Viral Pankaj Lodhiya
- Hasmukhlal Popatlal Delawala
- Ay Kishorbhai Rathod
- Shruti Nirajbhai Shingala
- Kaushik Chimanlal Lodhiya
- Chimanlal Laljibhai Lodhiya
What is the registered address of Sovereign Metals Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sovereign Metals Limited is Plot No. 35P 36P 37P 38 40B Phase - 3 Naroda, G.I.D.C India, Ahmedabad, Gujarat, 382330.
What is the corporate identification number (CIN) and company number of Sovereign Metals Limited?
The corporate identification number (CIN) of Sovereign Metals Limited is U27109GJ2012PLC069162 and the company number is 069162 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sovereign Metals Limited?
The Official website of Sovereign Metals Limited is https://www.sovereignmetals.in
What has been the recent revenue trend for Sovereign Metals Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sovereign Metals Limited has risen by 13.05%.
How many employees does Sovereign Metals Limited currently have?
As Per 2023 financial reports, 95 employees are currently employed by Sovereign Metals Limited.
What change has been observed in the net worth of Sovereign Metals Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sovereign Metals Limited has experienced an upsurge of 17.25%.
What are the total open charges for Sovereign Metals Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sovereign Metals Limited amount to ₹ 200.00 Cr.
When was the last Balance Sheet of Sovereign Metals Limited filed with the ROC?
The most recent Balance Sheet for Sovereign Metals Limited was filed with the ROC on 31 Mar 2024.
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