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 32 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 17 cases involving the company, including 14 filed by the company and 3 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 somalrefractories.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressVillage Gaispura Po Lohara Ludhiana, Punjab, India
- IndustryManufacturing, Construction Materials, Pipe & Tubes
- 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
- One PDF report, delivered after checkout
Business Activity of Somal Pipes Pvt Ltd
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Somal Pipes Pvt Ltd FY 2024 filings available
Somal Pipes Pvt Ltd reported revenue of ₹35.97 Cr (up 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Somal Pipes Pvt Ltd
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 of Somal Pipes Pvt Ltd
| 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 of Somal Pipes Pvt Ltd
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Somal Pipes are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Somal Pipes Pvt Ltd
Somal Pipes Pvt Ltd is compared with the companies closest to it by revenue in the Manufacturing industry (Construction Materials, Pipes). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sasi Infrastructures Private Limited | ₹36.25 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Tiruppur, Tamil Nadu, India |
| NR Proptech India Private Limited | ₹36.04 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Anekal, Karnataka, India |
| Balarka Fabricon Private Limited | ₹36.02 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Bahadurgarh, Haryana, India |
| KHK Pressings and Forging Private Limited | ₹36.02 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Indore, Madhya Pradesh, India |
| Elephant Gypsum Private Limited | ₹36.01 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Thane, Maharashtra, India |
| Somal Pipes Pvt Ltd this company | ₹35.97 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Punjab, India |
| Dazaro Eco Green Private Limited | ₹35.89 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Sabarkantha, Gujarat, India |
| Rajkot Seamless Tube Private Limited | ₹35.88 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Jetparda, Gujarat, India |
| Sri Ramakrishna Precast Private Limited | ₹35.79 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Perundurai, Tamil Nadu, India |
| Ranchi Refractories (India) Private Limited | ₹35.78 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Ranchi, Jharkhand, India |
| Raasi Refractories Ltd. Listed | ₹35.76 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Somal Pipes by revenue in the Manufacturing industry (Construction Materials, Pipes), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Somal Pipes Pvt Ltd
Somal Pipes Pvt Ltd is audited by NANDA & BHATIA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NANDA & BHATIA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Iqbal Singh | Director | 05 Jan 2016 | 10 Years 9 Months | Current |
| Gursimar Iqbal Somal Also directs: Somal Logistics Private Limited | Managing Director | 01 Jun 2012 | 14 Years 4 Months | Current |
| Harvinder Somal Also directs: Somal Logistics Private Limited | Director | 25 Jan 2016 | 10 Years 8 Months | Current |
Ownership and Shareholding of Somal Pipes Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Somal Pipes Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jan 2024 | Axis Bank Limited | ₹10.15 Cr | Open |
| 24 Jan 2024 | Axis Bank Limited | ₹5 Cr | Open |
| 24 Jan 2024 | Axis Bank Limited | ₹4.95 Cr | Open |
| 11 Jul 2023 | Hdfc Bank Limited | ₹35 Lakh | Open |
| 24 May 2022 | Axis Bank Limited | ₹4.99 Cr | Open |
Total charge records: 10 View all charges
Legal Cases of Somal Pipes Pvt Ltd
Somal Pipes Pvt Ltd has 17 court cases on record: 14 filed by Somal Pipes, 3 filed against it. All cases are disposed. Status as checked between 29 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 0 |
| High courts | 6 | 3 | 0 |
| Supreme Court | 4 | 0 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Writ petition | Filed by the company against Coal India Ltd Govt of India Undertaking | Disposed |
| Calcutta High Court | Court case (APO) | Filed against the company by Eastern Coalfields Ltd | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against Bhupinder Alloys Private Limited | Disposed |
| Supreme Court | Court case (T.P.(C)) | Filed by the company against Coal India Ltd Govt of India Undertaking | Disposed |
| Supreme Court | Interim or miscellaneous application | Filed by the company against Coal India Ltd Govt of India Undertaking | Disposed |
Full case history
All 17 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Somal Pipes Pvt Ltd
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 |
Employees and EPFO Compliance at Somal Pipes Pvt Ltd
Somal Pipes Pvt Ltd has a workforce of 32 employees as of Oct 10, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Somal Pipes Pvt Ltd
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.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Somal Pipes Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Somal Pipes Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Somal Pipes Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Somal Pipes Pvt Ltd
Somal Pipes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAKCS2318G1ZN | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Somal Pipes Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Somal Pipes Pvt Ltd
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 reported revenue of ₹35.97 Cr for FY 2024 (up 13% YoY).
Somal Pipes has 3 current directors:
- Gursimar Iqbal Somal - Managing Director
- Karan Iqbal Singh - Director
- Harvinder Somal - Director
Somal Pipes reported a net profit of ₹89.12 Lakh (net margin 2.5%) and EBITDA of ₹2.31 Cr (EBITDA margin 6.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Somal Pipes is 28% over three years and 17% over five years. In the latest year (FY 2024) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
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 17 court cases on record: 14 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.
The peers of Somal Pipes by revenue are Sasi Infrastructures Private Limited, NR Proptech India Private Limited, Balarka Fabricon Private Limited, KHK Pressings and Forging Private Limited, Elephant Gypsum Private Limited and 5 more, all in the Manufacturing industry (Construction Materials, Pipes).
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.