Somnath Spintex Private Limited
About Somnath Spintex Private Limited
Data last updated:
Somnath Spintex Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 18 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2013PTC077956. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors Jigneshbhai Jagajivanbhai Gambhava and Rajnikant Hareshbhai Sitapara.
Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Office No. 311 3rd Floor Maruti Nandan Complex Opp. Galaxy Hotel Jawahar Road, Rajkot, Gujarat, India – 360001.
As per the financials filed for FY 2020, the company reported a revenue of ₹9.29 Cr, reflecting significant growth compared to the previous year. For the same year it recorded EBITDA of ₹22.33 Lakh (EBITDA margin 2.4%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 11% over five years.
As per MCA filings, the company has satisfied charges of ₹5 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Somnath Spintex has one previous CIN (Corporate Identification Number): U17200GJ2013PTC077956. The current CIN is U24100GJ2013PTC077956, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100GJ2013PTC077956 | Current |
| U17200GJ2013PTC077956 | Previous |
Contact details
Somnath Spintex Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 311 3rd Floor Maruti Nandan Complex Opp. Galaxy Hotel Jawahar Road, Rajkot, Gujarat, India – 360001
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Somnath Spintex 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 Somnath Spintex is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Somnath Spintex Private Limited, buy the company report.
Financials of Somnath Spintex Private Limited
FY 2020 filings availableSomnath Spintex Private Limited reported revenue of ₹9.29 Cr (up 454% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 454% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA rose 104% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | ₹22.33 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.4% | ||||
| 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 Somnath Spintex Private Limited, buy the company report.
Board of directors of Somnath Spintex Private Limited
Somnath Spintex has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jigneshbhai Jagajivanbhai Gambhava Also directs: Traffic and Road Safety Foundation | Director | 01 Aug 2014 | 12 Years 3 Months | Current |
| Rajnikant Hareshbhai Sitapara | Director | 28 Jan 2019 | 7 Years 9 Months | Current |
Shareholding
The shareholding of Somnath Spintex Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Somnath Spintex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2015 | 10600703 | Oriental Bank of Commerce | ₹5 Cr | Satisfied |
To see the full charge records of Somnath Spintex Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Somnath Spintex Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (CR EN) | Filed against the company by Hinduja Leyland Finance Limited | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by Hinduja Leyland Finance Limited | Disposed |
| District court, Junagadh, Gujarat | Criminal complaint | Filed against the company by Paresh Trading Co. Propriter Vejanandbhai Punjabhai Betariya | Disposed |
To see the full case history of Somnath Spintex 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 Somnath Spintex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Somnath Spintex 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 Somnath Spintex Private Limited, buy the company report.
Recent activity
Somnath Spintex Private Limited has 9 board changes on record since 2014: 2 appointments and 7 cessations. The latest: Anilbhai Bhavsar Dhirajlal ceased to be Additional Director on 28 Jan 2019.
3 earlier events are in the company report.
Frequently asked questions
Somnath Spintex is an active private limited company based in Rajkot, Gujarat, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 18 December 2013 (13+ years old) and is registered under CIN U24100GJ2013PTC077956.
Somnath Spintex has 2 current directors:
- Jigneshbhai Jagajivanbhai Gambhava - Director
- Rajnikant Hareshbhai Sitapara - Director
The latest financial statements of Somnath Spintex on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 September 2020. Year-wise statements from 2015 are in the company report.
No. Somnath Spintex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Somnath Spintex is U24100GJ2013PTC077956. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Somnath Spintex has 3 court cases on record: 3 filed against it.
Somnath Spintex was incorporated on 18 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Anilbhai Bhavsar Dhirajlal ceased to be Additional Director on 28 Jan 2019. Rajnikant Hareshbhai Sitapara was appointed as Director on 28 Jan 2019. Rohit Bharatbhai Kagathara ceased to be Director on 12 Dec 2017. Somnath Spintex has 9 board changes on record in total.
The registered office of Somnath Spintex is at Office No. 311 3rd Floor Maruti Nandan Complex Opp. Galaxy Hotel Jawahar Road, Rajkot, Gujarat, India – 360001.
Somnath Spintex operates in the agriculture industry, in the agro retail and distribution segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
