MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0038011
Somu Solvents Private Limited - chemicals and materials in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹108.17 Cr
▲ 7% YoY
Net profit · FY 2025
₹4.03 Cr
Net margin 3.7%
EBITDA · FY 2025
₹7.33 Cr
EBITDA margin 6.8%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹5.77 Cr
Issued & subscribed
Open charges
₹85.83 Cr
Satisfied ₹14.22 Cr
Company age
43 yrs
Est. 1983
Employees · EPFO
45
Provident fund records
About Somu Solvents Private Limited
Data last updated:
Somu Solvents Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 26 September 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24231KA1983PTC005602. Its GSTIN is 29AACCS6542A1ZJ (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.77 Cr. It was formerly known as The Hindamata Industries Limited. It is led by directors including Channaiahchetty Somashekar (Managing Director) and Somashekar Prajwal (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.20 Mriehbc Society29Th Main 1st Phase 2nd Stage Btm Layout, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2025, the company reported a revenue of ₹108.17 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹4.03 Cr (net margin 3.7%) and EBITDA of ₹7.33 Cr (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years.
The company has about 45 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹85.83 Cr and satisfied charges of ₹14.22 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 1 case is pending.
Somu Solvents Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0038011). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website somugroup.com.
Company details
CIN U24231KA1983PTC005602
Registration Number 005602
Incorporation Date 26 September 1983
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0038011
Key People
Channaiahchetty Somashekar Managing Director Somashekar Prajwal Managing Director Praveen Somashekar Director Recognitions & Rankings of Somu Solvents
Contact details
Somu Solvents Private Limited's registered office is in Bangalore, Karnataka. Its website is somugroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.20 Mriehbc Society29Th Main 1st Phase 2nd Stage Btm Layout, Bangalore, Karnataka, India – 560076
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Somu Solvents Private Limited, buy the company report.
Comprehensive company report
Somu Solvents Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Somu Solvents is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Somu Solvents Private Limited, buy the company report.
Financials of Somu Solvents Private Limited
FY 2024 filings availableSomu Solvents Private Limited reported revenue of ₹108.17 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹108.17 Cr ▲ 7%
Net profit · FY 2025
₹4.03 Cr margin 3.7%
EBITDA · FY 2025
₹7.33 Cr margin 6.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 1%
Revenue has grown at a compounded annual rate (CAGR) of 6% over three years, including 7% growth in the latest year. EBITDA fell 12% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹7.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.03 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | 3.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Somu Solvents Private Limited, buy the company report.
Board of directors of Somu Solvents Private Limited
Somu Solvents has 7 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Somashekar Also directs: Somu Srivastava Floritech Private Limited, Somu and Sons Private Limited, Somu Organo Chem Private Limited and 1 more | Director | 28 Sep 2011 | 15 Years 0 Months | Current |
| Shivakumar Shankarappa | Director | 24 Jan 1992 | 34 Years 9 Months | Current |
| Channaiahchetty Somashekar Also directs: Somu Srivastava Floritech Private Limited, Somu and Sons Private Limited, Somu Organo Chem Private Limited and 2 more | Managing Director | 26 Sep 1983 | 43 Years 0 Months | Current |
| Madappa Dhananjaya | Director | 12 Mar 2016 | 10 Years 7 Months | Current |
| Savalappa Rajashekar Also directs: Somu and Sons Private Limited | Director | 24 Jan 1992 | 34 Years 9 Months | Current |
| Somashekar Renukadevi Also directs: Somu and Sons Private Limited, Somu Organo Chem Private Limited, Somu Chem Pack Private Limited and 1 more | Director | 26 Sep 1983 | 43 Years 0 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Somu Solvents Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gujarat Multi Gas Base Chemicals Private Limited | ₹109.84 Cr (FY 2025) | -13.0% | Mensana, Gujarat, India | |||
| Polygel Industries Private Limited | ₹109.83 Cr (FY 2025) | 302.0% | Thane, Maharashtra, India | |||
| Somu Solvents Private Limitedthis company | ₹108.17 Cr (FY 2025) | ₹4.03 Cr | 3.7% | 7.0% | 45 | Bangalore, Karnataka, India |
| Aurorium India Private Limited | ₹107.16 Cr (FY 2025) | -25.0% | Vapi, Gujarat, India | |||
| Anugrah Inorg Private Limited | ₹107 Cr (FY 2025) | 92.0% | Vadodara, Gujarat, India | |||
| Yogi Intermediates Private Limited | ₹106.98 Cr (FY 2025) | 13.0% | Ahmedabad, Gujarat, India | |||
| Auchtel Products Limited | ₹106.86 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Somu Solvents Private Limited, buy the company report.
Auditor
Somu Solvents Private Limited is audited by SHIVANNA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHIVANNA & CO. | FY 2023 | 003838S |
Shareholding
The shareholding of Somu Solvents Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Somu Solvents Private Limited, buy the company report.
Charges & borrowings
Open charges
₹85.83 Cr
Satisfied charges
₹14.22 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Nov 2025 | 101185342 | Axis Bank Limited | ₹59.94 Cr | Open | |
| 08 Feb 2022 | 100540853 | The Hongkong and Shanghai Banking Corporation Limited | ₹1.22 Cr | Open | |
| 23 Mar 2021 | 100455455 | The Hongkong and Shanghai Banking Corporation Limited | ₹1.22 Cr | Open | |
| 04 Nov 2020 | 100387961 | The Hongkong and Shanghai Banking Corporation Limited | ₹11 Cr | Open | |
| 29 Jul 2019 | 100278855 | The Hongkong and Shanghai Banking Corporation Limited | ₹85 Lakh | Open |
To see the full charge records of Somu Solvents Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Somu Solvents Private Limited has 7 court cases on record: 6 filed by Somu Solvents, 1 filed against it. 1 case is pending and 6 are disposed.
Total cases
7
Filed by the company
6
Filed against the company
1
Pending
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 1 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Uni Color Industries Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Uni Color Industries Private Limited | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed by the company against M/S Polymer Specialities | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Kerox Chemiclas P Ltd. | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Disposed |
To see the full case history of Somu Solvents 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 Somu Solvents Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Somu Solvents Private Limited has a workforce of 45 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
45
Active EPFO establishments
1
Employee growth
4.65%
GST
Somu Solvents has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS6542A1ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Somu Solvents Private Limited, buy the company report.
Recent activity
Somu Solvents Private Limited has 10 board changes on record since 1983: 7 appointments and 3 cessations. The latest: Channaiahchetty Somashekar ceased to be Director on 02 Mar 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 59.94 Cr with Charge ID 101185342 was registered on 06 Nov 2025.
Ceased
Channaiahchetty Somashekar ceased to be Director.
Ceased
Somashekar Prajwal ceased to be Director.
AGM
Somu Solvents Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Somu Solvents Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
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.
Charges
A charge registered on 21 Mar 2011 via Charge ID 10278907 with Others was fully satisfied on 14 Jul 2021.
Charges
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.
Charges
A charge registered on 24 Jul 2013 via Charge ID 10442357 with Axis Bank Limited was fully satisfied on 25 Nov 2020.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 11.00 Cr with Charge ID 100387961 was registered on 04 Nov 2020.
Ceased
Somashekar Pavithra ceased to be Director.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 0.85 Cr with Charge ID 100278855 was registered on 29 Jul 2019.
34 earlier events are in the company report.
Frequently asked questions
Somu Solvents is an active private limited company based in Bangalore, Karnataka, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 26 September 1983 (43+ years old) and is registered under CIN U24231KA1983PTC005602.
Somu Solvents has 7 current directors:
- Channaiahchetty Somashekar - Managing Director
- Somashekar Prajwal - Managing Director
- Praveen Somashekar - Director
- Shivakumar Shankarappa - Director
- Madappa Dhananjaya - Director
- Savalappa Rajashekar - Director
- Somashekar Renukadevi - Director
The latest financial statements of Somu Solvents on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Somu Solvents is 29AACCS6542A1ZJ, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Somu Solvents is U24231KA1983PTC005602. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Somu Solvents has 7 court cases on record: 6 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Somu Solvents was incorporated on 26 September 1983, making it 43+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Somu Solvents by revenue are Gujarat Multi Gas Base Chemicals Private Limited, Polygel Industries Private Limited, Aurorium India Private Limited, Anugrah Inorg Private Limited, Yogi Intermediates Private Limited and 1 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Channaiahchetty Somashekar ceased to be Director on 02 Mar 2025. Somashekar Prajwal ceased to be Director on 02 Mar 2025. Somashekar Pavithra ceased to be Director on 30 Sep 2020. Somu Solvents has 10 board changes on record in total.
Yes, Somu Solvents is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0038011).
Somu Solvents can be reached through the website somugroup.com. Its registered office is in Bangalore, Karnataka, India.