A.K.Soni Hosiery Mills Private Limited
About A.K.Soni Hosiery Mills Private Limited
Data last updated:
A.K.Soni Hosiery Mills Private Limited is a private limited company based in Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 31 August 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U18100PB2004PTC027451. Its GSTIN is 03AAFCA1097F2Z1 (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹85 Lakh and a paid-up capital of ₹65.45 Lakh. It is led by directors including Anand Kumar Soni and Sanjeev Kumar.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 538/1 A Madho Purigowshala Road Ludhiana, Punjab, India.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.28 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹8.68 Lakh (net margin -6.8%) and EBITDA of ₹42.6 Lakh (EBITDA margin 33.2%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 54% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹38.09 Cr and satisfied charges of ₹3.7 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
A.K.Soni Hosiery Mills Private Limited's registered office is in Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address538/1 A Madho Purigowshala Road Ludhiana, Punjab, India
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of A.K.Soni Hosiery Mills Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of A.K.Soni Hosiery Mills is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of A.K.Soni Hosiery Mills Private Limited, buy the company report.
Financials of A.K.Soni Hosiery Mills Private Limited
FY 2020 filings availableA.K.Soni Hosiery Mills Private Limited reported revenue of ₹1.28 Cr (up 50142% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.28 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹42.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.68 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33.2% | ||||
| Net Profit Margin | -6.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of A.K.Soni Hosiery Mills Private Limited, buy the company report.
Board of directors of A.K.Soni Hosiery Mills Private Limited
A.K.Soni Hosiery Mills has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Kumar Soni | Director | 31 Aug 2004 | 22 Years 2 Months | Current |
| Sanjeev Kumar | Director | 31 Aug 2004 | 22 Years 2 Months | Current |
| Raj Rani | Director | 22 Oct 2004 | 22 Years 0 Months | Current |
Auditor
A.K.Soni Hosiery Mills Private Limited is audited by RAJESH MEHRU & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH MEHRU & CO | FY 2018 | 011715N |
Shareholding
The shareholding of A.K.Soni Hosiery Mills Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of A.K.Soni Hosiery Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Aug 2016 | 100249949 | Others | ₹1.5 Cr | Open | |
| 03 Jun 2015 | 10575762 | Andhra Bank | ₹18.77 Cr | Open | |
| 03 Aug 2007 | 10068424 | State Bank of India | ₹17.82 Cr | Open | |
| 01 Jun 2005 | 80048761 | Punjab National Bank | ₹3.35 Cr | Satisfied | |
| 13 May 2005 | 90174538 | Punjab National Bank | ₹35 Lakh | Satisfied |
To see the full charge records of A.K.Soni Hosiery Mills Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
A.K.Soni Hosiery Mills Private Limited has 5 court cases on record: 3 filed by A.K.Soni Hosiery Mills, 2 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 2 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Appeal | Filed against the company by M/S A.H. Knits and Fibers | Pending |
| District court, Ludhiana, Punjab | Appeal | Filed by the company against M/S A.H. Knits and Fibers | Pending |
| District court, Ludhiana, Punjab | Original application | Filed against the company by an individual | Disposed |
| High Court of Punjab and Haryana | Court case (INCOMP) | Filed by the company against M/S Ah Knits and Fibers | Disposed |
| High Court of Punjab and Haryana | Criminal miscellaneous application | Filed by the company against M/S Ah Knits and Fibers | Disposed |
To see the full case history of A.K.Soni Hosiery Mills Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
A.K.Soni Hosiery Mills Private Limited was last rated by Care on 14 Nov 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 14 Nov 2022 |
To see the full credit ratings and regulatory alerts of A.K.Soni Hosiery Mills Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for A.K.Soni Hosiery Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
A.K.Soni Hosiery Mills has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAFCA1097F2Z1 | Punjab | Active | 05 Jul 2018 |
To see the full GST registrations and return filing status of A.K.Soni Hosiery Mills Private Limited, buy the company report.
Recent activity
A.K.Soni Hosiery Mills Private Limited has 4 board changes on record since 2004: 3 appointments and 1 cessation. The latest: Rajiv Kumar ceased to be Director on 25 Jul 2012.
4 earlier events are in the company report.
Frequently asked questions
A.K.Soni Hosiery Mills is an active private limited company based in Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 31 August 2004 (22+ years old) and is registered under CIN U18100PB2004PTC027451.
A.K.Soni Hosiery Mills has 3 current directors:
- Anand Kumar Soni - Director
- Sanjeev Kumar - Director
- Raj Rani - Director
The latest financial statements of A.K.Soni Hosiery Mills on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of A.K.Soni Hosiery Mills is 03AAFCA1097F2Z1, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of A.K.Soni Hosiery Mills is U18100PB2004PTC027451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
A.K.Soni Hosiery Mills has 5 court cases on record: 3 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
A.K.Soni Hosiery Mills was incorporated on 31 August 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chandigarh.
Rajiv Kumar ceased to be Director on 25 Jul 2012. Raj Rani was appointed as Director on 22 Oct 2004. Anand Kumar Soni was appointed as Director on 31 Aug 2004. A.K.Soni Hosiery Mills has 4 board changes on record in total.
The registered office of A.K.Soni Hosiery Mills is at 5381 A Madho Purigowshala Road Ludhiana, Punjab, India.
A.K.Soni Hosiery Mills operates in the manufacturing industry, in the textile and fabric production segment.
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