Somu Solvents Private Limited Company Logo

Somu Solvents Private Limited - Company Profile

It is a chemicals and materials private limited company based in Bangalore, Karnataka, India, established in 1983.

1983 | Bangalore, Karnataka, India | Active
Last Updated:

About Somu Solvents Private Limited

Somu Solvents Private Limited, a active private limited company, was established on 26 September 1983 in Bangalore, Karnataka, India. Engaging in specialty chemicals within the manufacturing sector, it holds CIN: U24231KA1983PTC005602. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹5.77 Cr.

Formerly known as The Hindamata Industries Limited. It upholds a compliant status. Employing 45 professional, Its leadership includes Praveen Somashekar (Director), Shivakumar Shankarappa (Director), Channaiahchetty Somashekar (Managing Director). Past directors included Channaiahchetty Somashekar, Somashekar Pavithra, Somashekar Prajwal. It holds ₹25.89 Cr open charges and ₹14.22 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No.20, Mriehbc Society29Th Main 1St Phase, 2Nd Stage, Btm Layout, Bangalore, Karnataka, 560076.

Company Details

  • CIN/LLPIN

    U24231KA1983PTC005602

  • Registration Number

    005602

  • Incorporation Date

    26 September 1983

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹5.77 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.77 Cr
  • Company Age 42 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 25.89 Cr
  • Satisfied Charges ₹ 14.22 Cr
  • Revenue Growth -14.99%
  • Profit Growth 13.40%
  • Ebitda 13.65%
  • Net Worth 37.23%
  • Total Assets 0.04%
Company report

Somu Solvents Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Somu Solvents Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Somu Solvents Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Praveen SomashekarDirector28 Sep 2011Current
Shivakumar ShankarappaDirector24 Jan 1992Current
Channaiahchetty SomashekarManaging Director26 Sep 1983Current
Madappa DhananjayaDirector12 Mar 2016Current
Savalappa RajashekarDirector24 Jan 1992Current
Somashekar RenukadeviDirector26 Sep 1983Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector02 Mar 2025Past
Pramod AbcsddDirector30 Sep 2020Past
Pramod AbcsddDirector02 Mar 2025Past

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Financial Performance of Somu Solvents.

Somu Solvents Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.99% decrease. The company also saw a substantial improvement in profitability, with a 13.4% increase in profit. The company's net worth Soared by an impressive increase of 37.23%.

Somu Solvents revenue growth over time
Somu Solvents profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-14.99%
Revenue from Operations
-14.98%
Total Assets
0.04%
Profit or Loss
13.40%
Net Worth
37.23%
EBITDA
13.65%

What is the Ownership and Shareholding Structure of Somu Solvents?

In 2023, Somu Solvents had a promoter holding of 65.37% and a public holding of 34.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹258,850,000.00

Satisfied Charges

₹142,180,000.00

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 25.28 Cr
  • Bank Of India : 0.61 Cr

Latest Charge Details

DateLenderAmountStatus
08 Feb 2022The Hongkong And Shanghai Banking Corporation Limited₹1.22 CrOpen
23 Mar 2021The Hongkong And Shanghai Banking Corporation Limited₹1.22 CrOpen
04 Nov 2020The Hongkong And Shanghai Banking Corporation Limited₹11.00 CrOpen
29 Jul 2019The Hongkong And Shanghai Banking Corporation Limited₹8.50 MOpen
28 May 2019The Hongkong And Shanghai Banking Corporation Limited₹11.00 CrOpen

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How Many Employees Work at Somu Solvents?

Somu Solvents has a workforce of 45 employees as of Mar 27, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Somu Solvents Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Somu Solvents, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Somu Solvents's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Somu Solvents

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Somu Solvents Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Somu Solvents Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Charges

    Progress on A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1.22 Cr with Charge ID 100540853 was registered on 08 Feb 2022. was documented.

  • Charges

    Progress on A charge registered on 21 Mar 2011 via Charge ID 10278907 with Others was fully satisfied on 14 Jul 2021. was documented.

  • Charges

    Progress on A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1.22 Cr with Charge ID 100455455 was registered on 23 Mar 2021. was documented.

  • Charges

    Progress on A charge registered on 24 Jul 2013 via Charge ID 10442357 with Axis Bank Limited was fully satisfied on 25 Nov 2020. was documented.

Frequently Asked Questions

  • What is the CIN of Somu Solvents Private Limited?

    The CIN of Somu Solvents Private Limited is U24231KA1983PTC005602.

  • Where is Somu Solvents Private Limited headquartered?

    Somu Solvents Private Limited is headquartered at No.20, Mriehbc Society29Th Main 1St Phase, 2Nd Stage, Btm Layout, Bangalore, Karnataka, 560076.

  • When was Somu Solvents Private Limited incorporated?

    Somu Solvents Private Limited was incorporated on 26 September 1983.

  • Who are the current directors of Somu Solvents Private Limited?

    The current directors of Somu Solvents Private Limited are

  • What is the primary industry of Somu Solvents Private Limited?

    The primary industry of Somu Solvents Private Limited is Manufacturing.

  • Is Somu Solvents Private Limited a listed company?

    Somu Solvents Private Limited is unlisted.

  • What is the capital structure of Somu Solvents Private Limited?

    The authorized capital of Somu Solvents Private Limited is ₹10.00 Cr, and the paid-up capital is ₹5.77 Cr.

  • What is the compliance status of Somu Solvents Private Limited?

    The compliance status of Somu Solvents Private Limited is Compliant.

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