About Someshwar Ispat Private Limited
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Someshwar Ispat Private Limited is a private limited company based in Mehsana, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 10 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27109GJ2009PTC057752. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹22 Cr and a paid-up capital of ₹19 Cr. It is led by directors including Rameshbhai Babaldas Patel and Maulikkumar Umiyashankar Patel.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Mehsana, Gujarat.
As per the financials filed for FY 2022, the company reported a revenue of ₹165.97 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹2.78 Cr (net margin -1.7%) and EBITDA of -₹1.37 Cr (EBITDA margin -0.8%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹67.84 Lakh and satisfied charges of ₹107.45 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹18.99 Cr; the latest was in August 2022. Its 7 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 4 smaller; the largest is Premier Steel Complex Private Limited with revenue of ₹166.41 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website someshwartmt.com.
Company details
Contact details
Someshwar Ispat Private Limited's registered office is in Mehsana, Gujarat. Its website is someshwartmt.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 4 Someswar Shopping Mall 4th Floor 82 GIDC – I Opp. Poojan Complex Modhera, Road, Mehsana, Gujarat, India – 384002
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Someshwar Ispat 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 Someshwar Ispat is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Someshwar Ispat Private Limited, buy the company report.
Financials of Someshwar Ispat Private Limited
FY 2022 filings availableSomeshwar Ispat Private Limited reported revenue of ₹165.97 Cr (down 27% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 122% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹165.97 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.78 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.8% | ||||
| Net Profit Margin | -1.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Someshwar Ispat Private Limited, buy the company report.
Board of directors of Someshwar Ispat Private Limited
Someshwar Ispat has 12 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rameshbhai Babaldas Patel Also directs: Aims Forgings Private Limited | Director | 29 Nov 2017 | 8 Years 11 Months | Current |
| Maulikkumar Umiyashankar Patel | Director | 29 Nov 2017 | 8 Years 11 Months | Current |
| Narendrakumar Chandulal Patel | Director | 29 Nov 2017 | 8 Years 11 Months | Current |
| Tejas Pravinchandra Patel | Director | 29 Nov 2017 | 8 Years 11 Months | Current |
| Aashay Jayantilal Patel Also directs: Vidman Pharmaceuticals Private Limited, Maharshi Pharma Chem Private Limited, Genpep Pharmaceuticals Private Limited and 1 more | Director | 09 Nov 2017 | 9 Years 0 Months | Current |
| Manoj Rameshbhai Patel | Director | 29 Nov 2017 | 8 Years 11 Months | Current |
Peer comparison
Someshwar Ispat Private Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Premier Steel Complex Private Limited | ₹166.41 Cr (FY 2024) | 1.0% | Chennai, Tamil Nadu, India | |||
| Subhlaxmi Steel and Alloys Private Limited | ₹166.08 Cr (FY 2025) | -4.0% | Ahmedabad, Gujarat, India | |||
| Sai Sponge (India) Private Limited | ₹166.02 Cr (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Someshwar Ispat Private Limitedthis company | ₹165.97 Cr (FY 2022) | -₹2.78 Cr | -1.7% | -27.0% | Mehsana, Gujarat, India | |
| Agrawal Sponge Private Limited | ₹165.38 Cr (FY 2025) | -14.0% | Raipur, Chhattisgarh, India | |||
| Emaar Alloys Private Limited | ₹165.17 Cr (FY 2025) | -2.0% | Jamshedpur, Jharkhand, India | |||
| Baba Ispat Private Limited | ₹165.02 Cr (FY 2025) | -17.0% | Kolkata, West Bengal, India | |||
| Acier Alloys India Private Limited | ₹164.98 Cr (FY 2025) | 44.0% | Gandhinagar, Gujarat, India |
To see the full peer comparison of Someshwar Ispat Private Limited, buy the company report.
Auditor
Someshwar Ispat Private Limited is audited by M. M. Salvi & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. M. Salvi & Co. | FY 2022 | 109004W |
Shareholding
The shareholding of Someshwar Ispat Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Someshwar Ispat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2020 | 100402571 | Hdfc Bank Limited | ₹67.84 Lakh | Open | |
| 11 Jun 2020 | 100346846 | Others | ₹4 Cr | Satisfied | |
| 04 Aug 2016 | 100046942 | Others | ₹27.55 Cr | Satisfied | |
| 26 Jul 2016 | 100045326 | Others | ₹20 Cr | Satisfied | |
| 01 Dec 2010 | 10259489 | Bank of Baroda | ₹26.45 Cr | Satisfied |
To see the full charge records of Someshwar Ispat Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Someshwar Ispat Private Limited has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹18.99 Cr; the latest was in August 2022.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Funding round | ₹10 Cr | Investors: 4 individuals |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Jun 2014 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Jan 2014 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
To see the full deal history of Someshwar Ispat Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Someshwar Ispat Private Limited has 2 court cases on record: 1 filed by Someshwar Ispat, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 2 others | Disposed |
| District court, Mahesana, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Disposed |
To see the full case history of Someshwar Ispat 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
Someshwar Ispat Private Limited was last rated by Crisil on 12 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 12 Dec 2019 |
To see the full credit ratings and regulatory alerts of Someshwar Ispat Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Someshwar Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Someshwar Ispat has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Someshwar Ispat Private Limited, buy the company report.
Recent activity
Someshwar Ispat Private Limited has 18 board changes on record since 2014: 12 appointments and 6 cessations. The latest: Yogesh Babulal Patel was appointed as Director on 01 Aug 2018.
24 earlier events are in the company report.
Frequently asked questions
Someshwar Ispat is an active private limited company based in Mehsana, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 10 August 2009 (17+ years old) and is registered under CIN U27109GJ2009PTC057752.
Someshwar Ispat has 12 current directors:
- Rameshbhai Babaldas Patel - Director
- Maulikkumar Umiyashankar Patel - Director
- Narendrakumar Chandulal Patel - Director
- Tejas Pravinchandra Patel - Director
- Aashay Jayantilal Patel - Director
- Manoj Rameshbhai Patel - Director
- Mukesh Chandulal Patel - Director
- Rameshkumar Shivabhai Patel - Director
- Prahladbhai Kantilal Patel - Director
- Mittalkumar Jagdishbhai Patel - Director
- Yogesh Babulal Patel - Director
- Chintankumar Prahladbhai Patel - Director
The latest financial statements of Someshwar Ispat on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Someshwar Ispat has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Someshwar Ispat is U27109GJ2009PTC057752. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Someshwar Ispat has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Someshwar Ispat was incorporated on 10 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Someshwar Ispat has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹18.99 Cr; the latest was in August 2022.
The peers of Someshwar Ispat by revenue are Premier Steel Complex Private Limited, Subhlaxmi Steel and Alloys Private Limited, Sai Sponge (India) Private Limited, Agrawal Sponge Private Limited, Emaar Alloys Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Yogesh Babulal Patel was appointed as Director on 01 Aug 2018. Chintankumar Prahladbhai Patel was appointed as Director on 29 Nov 2017. Manoj Rameshbhai Patel was appointed as Director on 29 Nov 2017. Someshwar Ispat has 18 board changes on record in total.
Someshwar Ispat can be reached through the website someshwartmt.com. Its registered office is in Mehsana, Gujarat, India.
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