Somani Overseas Private Limited
About Somani Overseas Private Limited
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Somani Overseas Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 06 July 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1981PTC004477. Its GSTIN is 24AAECS2257A1ZV (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Somani Silk Mills Pvt Ltd and Somani Overseas Limited. It is led by directors Neelam Sushil Somani and Manisha Sumeet Somani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹197.52 Cr, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹10.8 Cr (net margin -5.5%) and EBITDA of -₹10.57 Cr (EBITDA margin -5.4%). Revenue has grown at a compounded annual rate (CAGR) of 250% over three years and 207% over five years.
As per MCA filings, the company has satisfied charges of ₹48 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Somani Overseas has undergone 2 name changes throughout its history. The company was previously known as Somani Silk Mills Pvt Ltd, and Somani Overseas Limited. The current legal name is Somani Overseas Private Limited.
| Company Name | Status |
|---|---|
| Somani Overseas Private Limited | Current |
| Somani Silk Mills Pvt Ltd | Previous |
| Somani Overseas Limited | Previous |
CIN history
Somani Overseas has one previous CIN (Corporate Identification Number): U17110GJ1981PLC004477. The current CIN is U17110GJ1981PTC004477, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17110GJ1981PTC004477 | Current |
| U17110GJ1981PLC004477 | Previous |
Contact details
Somani Overseas Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 3/2886/B1 5th Floor Office – 503 – 502 A B C Trividh Chambers Opp. Fire Brigade Ring, Road, Surat, Gujarat, India – 395002
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Somani Overseas 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 Somani Overseas is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Somani Overseas Private Limited, buy the company report.
Financials of Somani Overseas Private Limited
FY 2025 filings availableSomani Overseas Private Limited reported revenue of ₹197.52 Cr (down 73% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 73% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 207%. EBITDA fell 843% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹10.57 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹10.8 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.4% | ||||
| Net Profit Margin | -5.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Somani Overseas Private Limited, buy the company report.
Board of directors of Somani Overseas Private Limited
Somani Overseas has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neelam Sushil Somani | Director | 30 Sep 2022 | 4 Years 1 Months | Current |
| Manisha Sumeet Somani Also directs: Neon Panda Entertainment World LLP, Rebounce Gurgaon LLP, Dhanpriya Prints Private Limited and 5 more | Director | 30 Sep 2022 | 4 Years 1 Months | Current |
Auditor
Somani Overseas Private Limited is audited by B CHORDIA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B CHORDIA & CO | FY 2022 | 121083W |
Shareholding
The shareholding of Somani Overseas Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Somani Overseas Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Mar 2017 | 100088282 | Others | ₹12 Cr | Satisfied | |
| 02 Mar 2017 | 100088280 | Others | ₹12 Cr | Satisfied | |
| 10 Feb 2016 | 10623326 | Dena Bank | ₹8 Cr | Satisfied | |
| 09 Feb 2016 | 10623321 | Dena Bank | ₹8 Cr | Satisfied | |
| 17 Feb 2014 | 10479548 | Canara Bank | ₹4 Cr | Satisfied |
To see the full charge records of Somani Overseas Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Somani Overseas Private Limited has 9 court cases on record: 1 filed by Somani Overseas, 8 filed against it. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 7 | 7 | 1 |
| Supreme Court | 1 | 0 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by M/S. Sumeet Industries Limited | Pending |
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed against the company by Sumeet Industries Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Sumeet Industries Limited | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by M/S. Sumeet Industries Limited | Disposed |
| Supreme Court | Court case (1008-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Appeals u/s 15 Z of Securities and Exchange Board of India Act, 1992.) | Filed by the company against Securities and Exchange Board of India Through Its Secretary Sebi Bhavan Bandra Kurla Complex, C-4A, G Block ,Mumbai , Maharashtra | Pending |
To see the full case history of Somani Overseas 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Somani Overseas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Somani Overseas has 2 associated companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
GST
Somani Overseas has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECS2257A1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Somani Overseas Private Limited, buy the company report.
Recent activity
Somani Overseas Private Limited has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Shankarlal Sitaram Somani ceased to be Director on 15 Oct 2022.
10 earlier events are in the company report.
Frequently asked questions
Somani Overseas is an active private limited company based in Surat, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 06 July 1981 (45+ years old) and is registered under CIN U17110GJ1981PTC004477.
Somani Overseas has 2 current directors:
- Neelam Sushil Somani - Director
- Manisha Sumeet Somani - Director
The latest financial statements of Somani Overseas on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Somani Overseas is 24AAECS2257A1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Somani Overseas is U17110GJ1981PTC004477. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Somani Overseas has 9 court cases on record: 1 filed by the company and 8 filed against it. 2 are pending. Most are in the nclat.
Somani Overseas was incorporated on 06 July 1981, making it 45+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Shankarlal Sitaram Somani ceased to be Director on 15 Oct 2022. Sumeet Shankarlal Somani ceased to be Director on 15 Oct 2022. Manisha Sumeet Somani was appointed as Director on 30 Sep 2022. Somani Overseas has 7 board changes on record in total.
The registered office of Somani Overseas is at Plot No. 32886B1 5th Floor Office – 503 – 502 A B C Trividh Chambers Opp. Fire Brigade Ring, Road, Surat, Gujarat, India – 395002.
Somani Overseas operates in the home and lifestyle industry, in the textile retail and distribution segment.
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