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
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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 ₹85.83 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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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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 Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.77 Cr
  • Company Age 42 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 85.83 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Praveen Somashekar Director 28 Sep 2011 Current
Shivakumar Shankarappa Director 24 Jan 1992 Current
Channaiahchetty Somashekar Managing Director 26 Sep 1983 Current
Madappa Dhananjaya Director 12 Mar 2016 Current
Savalappa Rajashekar Director 24 Jan 1992 Current
Somashekar Renukadevi Director 26 Sep 1983 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 02 Mar 2025 Past
Pramod Abcsdd Director 30 Sep 2020 Past
Pramod Abcsdd Director 02 Mar 2025 Past

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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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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
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-14.99%
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Revenue from Operations
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-14.98%
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*******
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Total Assets
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0.04%
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Profit or Loss
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13.40%
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Net Worth
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37.23%
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EBITDA
*******
13.65%
*******
*******
*******
*******

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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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹858,250,000.00

Satisfied Charges

₹142,180,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 59.94 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 25.28 Cr
  • Bank Of India : 0.61 Cr
Latest Charge Details
Date Lender Amount Status
06 Nov 2025 Axis Bank Limited ₹59.94 Cr Open
08 Feb 2022 The Hongkong And Shanghai Banking Corporation Limited ₹1.22 Cr Open
23 Mar 2021 The Hongkong And Shanghai Banking Corporation Limited ₹1.22 Cr Open
04 Nov 2020 The Hongkong And Shanghai Banking Corporation Limited ₹11.00 Cr Open
29 Jul 2019 The Hongkong And Shanghai Banking Corporation Limited ₹8.50 M Open

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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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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.

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Latest Updates, News, and FAQs on Somu Solvents
Recent Activity within the Organization
  • Charges

    The activity A charge with Axis Bank Limited amounted to Rs. 59.94 Cr with Charge ID 101185342 was registered on 06 Nov 2025. was completed.

  • Annual General Meeting

    Somu Solvents Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Somu Solvents Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.

  • Charges

    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 recorded as a recent event.

  • 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.

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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?
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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