Sovereign Metals Limited

Commodity trading company with previous name Edelweiss Metals Limited.

2012 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Sovereign Metals Profile

Key Indicators

  • Authorised Capital ₹ 60.60 Cr
  • Paid Up Capital ₹ 60.60 Cr
  • Company Age 12 Year, 11 Months
  • 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 12 years and 11 months. 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
  • 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 Country flag representing In 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 Country flag representing In Director 07-Aug-2020 Current
Sheetal Lodhiya Country flag representing In Director 15-Nov-2017 Current
Hasmukhlal Delawala Country flag representing In Director 19-May-2020 Current
Kaushik Lodhiya Country flag representing In Director 12-Oct-2017 Current
Chimanlal Lodhiya Country flag representing In 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%.

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
13.05%
Revenue from Operations
13.01%
Total Assets
56.84%
Profit or Loss
56.03%
Net Worth
17.25%
EBITDA
14.24%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2024

  • Balance Sheet

    Sovereign Metals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • 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 5 months .

    07 Aug 2020

  • 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.

    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 4 months .

    19 Sep 2018

  • Charges

    A charge with Others amounted to Rs. 200.00 Cr with Charge ID 100207763 was registered on 07 Aug 2018.

    07 Aug 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Sovereign Metals Limited was incorporated on 24 Feb 2012.

  • The authorized share capital of Sovereign Metals Limited is ₹ 60.60 Cr and paid-up capital is ₹ 60.60 Cr.

  • 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
  • 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.

  • The corporate identification number (CIN) of Sovereign Metals Limited is U27109GJ2012PLC069162 and the company number is 069162 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sovereign Metals Limited is https://www.sovereignmetals.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sovereign Metals Limited has risen by 13.05%.

  • As Per 2023 financial reports, 95 employees are currently employed by Sovereign Metals Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sovereign Metals Limited has experienced an upsurge of 17.25%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sovereign Metals Limited amount to ₹ 200.00 Cr.

  • The most recent Balance Sheet for Sovereign Metals Limited was filed with the ROC on 31 Mar 2024.

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