About Sokhi Steels Private Limited
Data last updated:
Sokhi Steels Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 22 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27100PB2011PTC034725. Its GSTIN is 03AAPCS5412E1ZL (Punjab).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.72 Cr. It is led by directors Lakhbir Singh and Sukhbir Singh.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at H.No. 6004 Shimlapuri Daba Road, Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2018, the company reported a revenue of ₹29.36 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹35.28 Lakh (net margin -1.2%) and EBITDA of ₹2.52 Cr (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years.
As per MCA filings, the company has open charges of ₹16.85 Cr on record. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sokhisteels.com.
Company details
Contact details
Sokhi Steels Private Limited's registered office is in Ludhiana, Punjab. Its website is sokhisteels.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressH.No. 6004 Shimlapuri Daba Road, Ludhiana, Punjab, India – 141003
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Sokhi Steels 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 Sokhi Steels is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Sokhi Steels Private Limited, buy the company report.
Financials of Sokhi Steels Private Limited
FY 2018 filings availableSokhi Steels Private Limited reported revenue of ₹29.36 Cr (up 3% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 33% over three years, including 3% growth in the latest year. EBITDA fell 12% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹29.36 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.52 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹35.28 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 8.6% | |||
| Net Profit Margin | -1.2% | |||
| 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 Sokhi Steels Private Limited, buy the company report.
Board of directors of Sokhi Steels Private Limited
Sokhi Steels has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakhbir Singh | Director | 22 Feb 2011 | 15 Years 8 Months | Current |
| Sukhbir Singh | Director | 22 Feb 2011 | 15 Years 8 Months | Current |
Auditor
Sokhi Steels Private Limited is audited by YOGESH TARSEM & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YOGESH TARSEM & ASSOCIATES | FY 2018 | 027287N |
Shareholding
The shareholding of Sokhi Steels Private Limited is on record for 4 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 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sokhi Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Apr 2015 | 10571028 | Punjab & Sind Bank | ₹1 Cr | Open | |
| 05 Aug 2013 | 10445110 | Punjab & Sind Bank | ₹4 Cr | Open | |
| 22 Mar 2013 | 10420688 | Intec Capital Limited | ₹1.7 Cr | Open | |
| 07 Oct 2011 | 10314779 | Punjab & Sind Bank | ₹1.75 Cr | Open | |
| 07 Oct 2011 | 10314781 | Others | ₹5.25 Cr | Open |
To see the full charge records of Sokhi Steels Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Sokhi Steels Private Limited has 9 court cases on record: 5 filed by Sokhi Steels, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 0 |
| High courts | 3 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed against the company by Intec Capital Ltd | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Punjab and Sindh Bank and Others | Disposed |
| High Court, DELHI | Writ petition | Filed against the company by Punjab and Sind Bank and 1 other | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against Punjab and Sind Bank | Disposed |
| District court, Ludhiana, Punjab | Execution petition | Filed by the company against Guru Nanak Industries | Disposed |
To see the full case history of Sokhi Steels 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
Sokhi Steels Private Limited was last rated by Crisil on 19 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 19 Jun 2020 |
To see the full credit ratings and regulatory alerts of Sokhi Steels Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sokhi Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sokhi Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAPCS5412E1ZL | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sokhi Steels Private Limited, buy the company report.
Recent activity
Sokhi Steels Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Jagbir Singh Sokhi ceased to be Director on 31 Mar 2017.
3 earlier events are in the company report.
Frequently asked questions
Sokhi Steels is an active private limited company based in Ludhiana, Punjab, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 22 February 2011 (15+ years old) and is registered under CIN U27100PB2011PTC034725.
Sokhi Steels has 2 current directors:
- Lakhbir Singh - Director
- Sukhbir Singh - Director
The latest financial statements of Sokhi Steels on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Sokhi Steels is 03AAPCS5412E1ZL, registered in Punjab.
The CIN (Corporate Identification Number) of Sokhi Steels is U27100PB2011PTC034725. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sokhi Steels has 9 court cases on record: 5 filed by the company and 4 filed against it. Most are in the district courts.
Sokhi Steels was incorporated on 22 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chandigarh.
Jagbir Singh Sokhi ceased to be Director on 31 Mar 2017. Lakhbir Singh was appointed as Director on 22 Feb 2011. Sukhbir Singh was appointed as Director on 22 Feb 2011.
Sokhi Steels can be reached through the website sokhisteels.com. Its registered office is in Ludhiana, Punjab, India.
The registered office of Sokhi Steels is at H.No. 6004 Shimlapuri Daba Road, Ludhiana, Punjab, India – 141003.