Somany Foam Limited
About Somany Foam Limited
Data last updated:
Somany Foam Limited was a public limited company based in Kolkata, West Bengal, India, operated as a subsidiary of Spotlight Vanijya Ltd. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the floriculture segment of the agriculture sector. It was incorporated on 30 August 2001.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U25209WB2001PLC111449. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹50 Cr and a paid-up capital of ₹30.03 Cr. It was led by directors including Narain Maheshwari Das and Jagdish Prasad Kasera (Manager).
Its last annual general meeting (AGM) was held on 17 June 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 2 Red Cross Place, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2015, the company reported a revenue of ₹1.12 Cr, a decline of 93% compared to the previous year. For the same year it recorded a net profit of ₹21.73 Cr and EBITDA of -₹3.41 Cr (EBITDA margin -303.7%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years.
As per MCA filings, the company had satisfied charges of ₹7.53 Cr on record. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in March 2014.
Company details
CIN history
Somany Foam has one previous CIN (Corporate Identification Number): U25209DL2001PLC112254. The current CIN is U25209WB2001PLC111449, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25209WB2001PLC111449 | Current |
| U25209DL2001PLC112254 | Previous |
Contact details
Somany Foam Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2 Red Cross Place, Kolkata, West Bengal, India – 700001
- IndustryAgriculture, Floriculture
To see the full contact details of Somany Foam 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
Financials of Somany Foam Limited
FY 2016 filings availableSomany Foam Limited reported revenue of ₹1.12 Cr (down 93% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 62% over three years, including a 93% fall 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 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹1.12 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹3.41 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹21.73 Cr |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -303.7% |
| Net Profit Margin | |
| 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 Somany Foam Limited, buy the company report.
Board of directors of Somany Foam Limited
Somany Foam has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narain Maheshwari Das Also directs: Amcl Machinery Limited, Pickup Finvest & Consultants Pvt Ltd | Director | 31 Mar 2012 | 14 Years 6 Months | As last reported |
| Jagdish Prasad Kasera | Manager | 22 Mar 2007 | 19 Years 7 Months | As last reported |
| Satish Kumar Biyani | Director | 17 May 2014 | 12 Years 5 Months | As last reported |
Auditor
Somany Foam Limited is audited by SINGHI & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGHI & CO | FY 2015 | 302049E |
Shareholding
The shareholding of Somany Foam Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Somany Foam Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2012 | 10364167 | Punjab National Bank | ₹20 Lakh | Satisfied | |
| 23 Jun 2005 | 90044785 | State Bank of India | ₹7.33 Cr | Satisfied |
To see the full charge records of Somany Foam Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Somany Foam Limited has 1 deal on record (1 acquisition); the latest was in March 2014.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Acquisition | Undisclosed | Buyer: Godrej and Boyce Manufacturing Company Limited Seller: Somany Foam Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Somany Foam Limited has 9 court cases on record: 5 filed by Somany Foam, 4 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 1 |
| High courts | 4 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed by the company against Spotlight Vanijya Limited | Disposed |
| High Court | Company petition | Filed by the company against Spotlight Vanijya Limited | Disposed |
| District court, Muzaffarnagar, Uttar Pradesh | Court case (Cri. Case) | Filed against the company by State of U.P. | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, South East, Delhi | Civil suit | Filed by the company against Ms Logix Sales Technologies Ors. and 1 other | Disposed |
To see the full case history of Somany Foam 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 Somany Foam Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Somany Foam Limited has 1 active EPFO establishment as of Apr 10, 2024.
GST
Somany Foam has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Somany Foam Limited, buy the company report.
Recent activity
Somany Foam Limited has 9 board changes on record since 2007: 3 appointments and 6 cessations. The latest: Satish Kumar Biyani ceased to be Additional Director on 19 Jul 2014.
5 earlier events are in the company report.
Frequently asked questions
Somany Foam has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Somany Foam was a public limited company based in Kolkata, West Bengal, India. The company worked in floriculture, within the agriculture industry. It was incorporated on 30 August 2001 and is registered under CIN U25209WB2001PLC111449. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Somany Foam was incorporated on 30 August 2001. It is registered with the Registrar of Companies, Kolkata.
Somany Foam had 3 directors:
- Narain Maheshwari Das - Director
- Satish Kumar Biyani - Director
- Jagdish Prasad Kasera - Manager
The CIN (Corporate Identification Number) of Somany Foam is U25209WB2001PLC111449. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Somany Foam is at 2 Red Cross Place, Kolkata, West Bengal, India – 700001.
The latest financial statements of Somany Foam on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 17 June 2016. Year-wise statements from 2015 are in the company report.
No. Somany Foam has 3 GST registrations on record and all of them are cancelled or inactive.
Somany Foam operated in the agriculture industry, in the floriculture segment.
Somany Foam has 1 deal on record (1 acquisition); the latest was in March 2014.