MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0019085
Somal Pipes Pvt Ltd - manufacturing in Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹35.97 Cr
▲ 13% YoY
Net profit · FY 2024
₹89.12 Lakh
Net margin 2.5%
EBITDA · FY 2024
₹2.31 Cr
EBITDA margin 6.4%
Authorised capital
₹1.75 Cr
Registered with MCA
Paid-up capital
₹1.37 Cr
Issued & subscribed
Open charges
₹33.06 Cr
Satisfied ₹4.85 Cr
Company age
47 yrs
Est. 1979
Employees · EPFO
15
Provident fund records
About Somal Pipes Pvt Ltd
Data last updated:
Somal Pipes Pvt Ltd is a private limited company based in Punjab, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 15 December 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U28939PB1979PTC004094. Its GSTIN is 03AAKCS2318G1ZN (Punjab).
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.37 Cr. It is led by directors including Gursimar Iqbal Somal (Managing Director) and Karan Iqbal Singh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Village Gaispura Po Lohara Ludhiana, Punjab, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.97 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹89.12 Lakh (net margin 2.5%) and EBITDA of ₹2.31 Cr (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 17% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Somal Refractories. As per MCA filings, the company has open charges of ₹33.06 Cr and satisfied charges of ₹4.85 Cr on record. Court records list 19 cases involving the company, including 16 filed by the company and 3 filed against it.
Somal Pipes Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0019085). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website somalrefractories.com.
Company details
CIN U28939PB1979PTC004094
Registration Number 004094
Incorporation Date 15 December 1979
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-12-0019085
Key People
Gursimar Iqbal Somal Managing Director Karan Iqbal Singh Director Harvinder Somal Director Recognitions & Rankings of Somal Pipes
Contact details
Somal Pipes Pvt Ltd's registered office is in Punjab. Its website is somalrefractories.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVillage Gaispura Po Lohara Ludhiana, Punjab, India
- IndustryManufacturing, Construction Materials, Pipe & Tubes
To see the full contact details of Somal Pipes Pvt Ltd, buy the company report.
Comprehensive company report
Somal Pipes Pvt Ltd - one report that includes everything
- 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
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Brands
Somal Pipes operates one associated brand: Somal Refractories. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality stoneware pipes for industrial use. | somalrefractories.com |
Business activity
The main business activity of Somal Pipes is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Somal Pipes Pvt Ltd, buy the company report.
Financials of Somal Pipes Pvt Ltd
FY 2024 filings availableSomal Pipes Pvt Ltd reported revenue of ₹35.97 Cr (up 13% YoY) for FY 2024.
Revenue · FY 2024
₹35.97 Cr ▲ 13%
Net profit · FY 2024
₹89.12 Lakh margin 2.5%
EBITDA · FY 2024
₹2.31 Cr margin 6.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 28%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 34%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 13% growth in the latest year. EBITDA rose 22% in the latest year. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹89.12 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Somal Pipes Pvt Ltd, buy the company report.
Board of directors of Somal Pipes Pvt Ltd
Somal Pipes has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Iqbal Singh | Director | 05 Jan 2016 | 10 Years 10 Months | Current |
| Gursimar Iqbal Somal Also directs: Somal Logistics Private Limited | Managing Director | 01 Jun 2012 | 14 Years 5 Months | Current |
| Harvinder Somal Also directs: Somal Logistics Private Limited | Director | 25 Jan 2016 | 10 Years 9 Months | Current |
Auditor
Somal Pipes Pvt Ltd is audited by NANDA & BHATIA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NANDA & BHATIA | FY 2023 | 004342N |
Shareholding
The shareholding of Somal Pipes Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Somal Pipes Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹33.06 Cr
Satisfied charges
₹4.85 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2024 | 100866471 | Axis Bank Limited | ₹10.15 Cr | Open | |
| 24 Jan 2024 | 100866152 | Axis Bank Limited | ₹5 Cr | Open | |
| 24 Jan 2024 | 100866136 | Axis Bank Limited | ₹4.95 Cr | Open | |
| 11 Jul 2023 | 100780072 | Hdfc Bank Limited | ₹35 Lakh | Open | |
| 24 May 2022 | 100582123 | Axis Bank Limited | ₹4.99 Cr | Open |
To see the full charge records of Somal Pipes Pvt Ltd, buy the company report.
Total charge records: 10 View all charges
Legal cases
Somal Pipes Pvt Ltd has 19 court cases on record: 16 filed by Somal Pipes, 3 filed against it. All cases are disposed.
Total cases
19
Filed by the company
16
Filed against the company
3
Disposed
19
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 0 |
| High courts | 6 | 3 | 0 |
| Supreme Court | 5 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against Ms A.P.S. Associates Pvt Ltd and 1 other | Disposed |
| High Court, West Bengal | Writ petition | Filed by the company against Coal India Limited and Ors | Disposed |
| Supreme Court | Court case (1801-Ordinary Civil Matters : T.P. Under Article 139A(1) of the Constitution of India) | Filed by the company against Coal India Ltd 10. N.S. Road , District: Calcutta ,Kolkata , West Bengal | Disposed |
| High Court | Court case (APO) | Filed against the company by North Eastern Coalfields Limited & Anr. | Disposed |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed by the company against Eastern Coalfields Ltd Having Its Office at Sanctoria, Disergarh, Burdwan West Bengal and Also at 13, , District: R.N. Mukherjee Road ,Kolkata , West Bengal and 6 others | Disposed |
To see the full case history of Somal Pipes Pvt Ltd, 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
Somal Pipes Pvt Ltd was last rated by Crisil on 15 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 15 Dec 2020 |
To see the full credit ratings and regulatory alerts of Somal Pipes Pvt Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Somal Pipes Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Somal Pipes Pvt Ltd has a workforce of 15 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
Employee growth
-48.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 15 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Somal Pipes Pvt Ltd, buy the company report.
GST
Somal Pipes has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAKCS2318G1ZN | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Somal Pipes Pvt Ltd, buy the company report.
Recent activity
Somal Pipes Pvt Ltd has 8 board changes on record since 2007: 3 appointments and 5 cessations. The latest: Guriqbal Singh Somal ceased to be Managing Director on 05 Feb 2018.
Charges
A charge with Axis Bank Limited of Rs. 5.00 Cr registered on 24 Jan 2024 with Charge ID 100866152 was modified on 18 Dec 2024.
Charges
A charge with Axis Bank Limited of Rs. 4.95 Cr registered on 24 Jan 2024 with Charge ID 100866136 was modified on 18 Dec 2024.
AGM
Somal Pipes Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Somal Pipes Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Axis Bank Limited amounted to Rs. 10.15 Cr with Charge ID 100866471 was registered on 24 Jan 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100866152 was registered on 24 Jan 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 4.95 Cr with Charge ID 100866136 was registered on 24 Jan 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.35 Cr with Charge ID 100780072 was registered on 11 Jul 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 4.99 Cr with Charge ID 100582123 was registered on 24 May 2022.
Charges
A charge registered on 22 Mar 2001 via Charge ID 80045281 with Others was fully satisfied on 17 May 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.95 Cr with Charge ID 100509201 was registered on 29 Nov 2021.
Charges
A charge with Others of Rs. 4.45 Cr registered on 22 Mar 2001 with Charge ID 80045281 was modified on 30 Jun 2018.
16 earlier events are in the company report.
Frequently asked questions
Somal Pipes is an active private limited company based in Punjab, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 15 December 1979 (47+ years old) and is registered under CIN U28939PB1979PTC004094.
Somal Pipes has 3 current directors:
- Gursimar Iqbal Somal - Managing Director
- Karan Iqbal Singh - Director
- Harvinder Somal - Director
The latest financial statements of Somal Pipes on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Somal Pipes is 03AAKCS2318G1ZN, registered in Punjab.
The CIN (Corporate Identification Number) of Somal Pipes is U28939PB1979PTC004094. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Somal Pipes has 19 court cases on record: 16 filed by the company and 3 filed against it. Most are in the district courts.
Somal Pipes was incorporated on 15 December 1979, making it 47+ years old. It is registered with the Registrar of Companies, Chandigarh.
Guriqbal Singh Somal ceased to be Managing Director on 05 Feb 2018. Gursimar Iqbal Somal ceased to be Director on 05 Feb 2018. Harvinder Somal was appointed as Director on 25 Jan 2016. Somal Pipes has 8 board changes on record in total.
Yes, Somal Pipes is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0019085).
Somal Pipes can be reached through the website somalrefractories.com. Its registered office is in Punjab, India.
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