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Somal Pipes Pvt Ltd - Company Profile

It is a manufacturing private limited company based in Punjab, Punjab, India, established in 1979.

1979 | Punjab, Punjab, India | Active
Last Updated:

About Somal Pipes Pvt Ltd

Somal Pipes Pvt Ltd, a active private limited company, was established on 15 December 1979 in Punjab, Punjab, India. Engaging in construction materials within the manufacturing sector, it holds CIN: U28939PB1979PTC004094. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹1.75 Cr and a paid-up capital of ₹1.37 Cr.

It upholds a compliant status. Employing 32 professional, Its leadership includes Karan Iqbal Singh (Director), Gursimar Iqbal Somal (Managing Director), Harvinder Somal (Director). Past directors included Karan Iqbal Singh, Guriqbal Singh Somal, Om Parkash Arora. It holds ₹33.06 Cr open charges and ₹4.85 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Village Gaispura Po Lohara Ludhiana, Punjab, Punjab.

Company Details

  • CIN/LLPIN

    U28939PB1979PTC004094

  • Registration Number

    004094

  • Incorporation Date

    15 December 1979

  • Authorized Capital

    ₹1.75 Cr

  • Paid-Up Capital

    ₹1.37 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.75 Cr
  • Paid Up Capital ₹ 1.37 Cr
  • Company Age 46 Year, 3 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 33.06 Cr
  • Satisfied Charges ₹ 4.85 Cr
  • Revenue Growth 34.23%
  • Profit Growth 100.67%
  • Ebitda 30.46%
  • Net Worth 13.60%
  • Total Assets 0.85%
Company report

Somal Pipes Pvt Ltd

Company Report FY 2025-2026

Explore comprehensive insights into Somal Pipes Pvt Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Somal Pipes Pvt Ltd?

Current Directors

NameDesignationAppointment DateStatus
Karan Iqbal SinghDirector05 Jan 2016Current
Gursimar Iqbal SomalManaging Director01 Jun 2012Current
Harvinder SomalDirector25 Jan 2016Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director01 Mar 2014Past
Pramod AbcsddManaging Director05 Feb 2018Past
Pramod AbcsddDirector28 Sep 2007Past
Pramod AbcsddDirector05 Feb 2018Past
Pramod AbcsddDirector01 Mar 2014Past

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Financial Performance of Somal Pipes.

Somal Pipes Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 34.23% increase. The company also saw a substantial improvement in profitability, with a 100.67% increase in profit. The company's net worth Soared by an impressive increase of 13.6%.

Somal Pipes revenue growth over time
Somal Pipes 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
34.23%
Revenue from Operations
33.10%
Total Assets
0.85%
Profit or Loss
100.67%
Net Worth
13.60%
EBITDA
30.46%

What is the Ownership and Shareholding Structure of Somal Pipes?

In 2023, Somal Pipes had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹330,588,000.00

Satisfied Charges

₹48,500,000.00

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 25.09 Cr
  • Punjab & Sind Bank : 6.40 Cr
  • Hdfc Bank Limited : 1.30 Cr
  • Yes Bank Limited : 0.27 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jan 2024Axis Bank Limited₹10.15 CrOpen
24 Jan 2024Axis Bank Limited₹5.00 CrOpen
24 Jan 2024Axis Bank Limited₹4.95 CrOpen
11 Jul 2023Hdfc Bank Limited₹3.50 MOpen
24 May 2022Axis Bank Limited₹4.99 CrOpen

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How Many Employees Work at Somal Pipes?

Somal Pipes has a workforce of 32 employees as of Apr 04, 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.

Employee growth trends for Somal Pipes Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Somal Pipes, 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 Somal Pipes'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 Somal Pipes

Recent Activity within the Organization

  • 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. was recorded as a recent event.

  • 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. was recorded as a recent event.

  • Annual General Meeting

    Progress on Somal Pipes Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Somal Pipes Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was documented.

  • Charges

    The activity A charge with Axis Bank Limited amounted to Rs. 10.15 Cr with Charge ID 100866471 was registered on 24 Jan 2024. was completed.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100866152 was registered on 24 Jan 2024. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Somal Pipes Pvt Ltd?

    The CIN of Somal Pipes Pvt Ltd is U28939PB1979PTC004094.

  • Where is Somal Pipes Pvt Ltd headquartered?

    Somal Pipes Pvt Ltd is headquartered at Village Gaispura Po Lohara Ludhiana, Punjab, Punjab.

  • When was Somal Pipes Pvt Ltd incorporated?

    Somal Pipes Pvt Ltd was incorporated on 15 December 1979.

  • Who are the current directors of Somal Pipes Pvt Ltd?

    The current directors of Somal Pipes Pvt Ltd are

  • What is the primary industry of Somal Pipes Pvt Ltd?

    The primary industry of Somal Pipes Pvt Ltd is Manufacturing.

  • Is Somal Pipes Pvt Ltd a listed company?

    Somal Pipes Pvt Ltd is unlisted.

  • What is the capital structure of Somal Pipes Pvt Ltd?

    The authorized capital of Somal Pipes Pvt Ltd is ₹1.75 Cr, and the paid-up capital is ₹1.37 Cr.

  • What is the compliance status of Somal Pipes Pvt Ltd?

    The compliance status of Somal Pipes Pvt Ltd is Compliant.

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