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Union Budget 2017-18
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Somi Conveyor Beltings Ltd. Company History and Annual Growth Details

SOMI CONVEYOR BELTINGS LIMITED (SCBL) is a closely held Public Limited
Company. It is into manufacturing of Rubber Conveyor Belts. Our Company was
incorporated on 16th June, 2000 as Omi Conveyor Beltings Limited and it
commenced its business from 12th July, 2000. The name of our Company
was subsequently changed to Somi Conveyor Beltings Limited, w.e.f. 31.10.2000.

Our Company started its commercial production from February 2002. Initially,
our Company began with a manufacturing capacity of 72,000 meters per
annum (MPA) of Rubber Conveyor Beltings. Our Company initiated a
capacity expansion in 2004. At present SCBL can manufacture belts
up to 1200-mm width.

The Promoters of our Company are Mr. Om Prakash Bhansali, Mr. Vimal Bhansali,
and Mr.Gaurav Bhansali. Mr. Om Prakash Bhansali is the key promoter and
Chairman cum Managing Director of our Company.Our Company markets its
products under the brand name 'SOMIFLEX'. Our Company has installed
state-of-the-art plant and machinery and other equipments to make most
efficient use of available resources as well as to maintain highest quality

Major events in the history of Our Company:

2000 - Incorporation of our company

2001 - Factory Unit at 463-466, H2, Sangaria Industrial Area, Jodhpur
commenced trial production in November, 2001 and commercial production
in February 2002.

2003 - Our company launched SOMIFLEX special utility belts 'SEHR-36' and
TIGER-M-27 which can resist high temperatures upto 250 Celsius and high

2004 - Our company increased its production capacity by 100% by installing
new production line in the existing unit.2004 ISO 9001:2000 Certification
issued to our company in relation to 'Quality Management System'.

2005 - Supply of Rubber Conveyor Belts to the Andhra Pradesh Power
Corporation Limited, a Government of Andhra Pradesh undertaking.

2006 - Supply of Rubber Conveyor Belts to the Karnataka Power
Corporation Limited, a Government of Karnataka undertaking.

2007 - Secured an order worth Rs.308.00 Lakhs from Andhra Pradesh
Power Generation Corporation Limited, a Government of Andhra Pradesh

2007 - Secured an order worth Rs.342.00 Lakhs from South Eastern
Coal field and order worth Rs.175.00 Lakhs from Western Coal Fields
Limited , subsidiaries of Coal India Limited

2008 - Secured an order worth Rs.55.00 Lakhs from Madhya Pradesh
Power Generation Corporation Limited, a Government of Madhya
Pradesh undertaking and order worth Rs.66.00Lakhs from Bharat
Cooking Coal Limited, Dhanbad, a subsidiaries of Coal India Limited

Main Objects

The main objects of our company as set forth in the Memorandum of
Association of our company are as follows:

To carry on the business of manufacturers, buyers, sellers, contractors,
maintenance agents, designers, importers, exporters, buying and selling
agents, fitters, repairers, installers, assemblers of and dealers in all types
of products of conveyor beltings, pulley legging, jointing material,
conveyor beltings, maintenance products including cold vulcanizing,
self vulcanizing patches, belt-o-cleaner and other allied products for
material handling.

To, carry on the business of hotel, restaurant, boarding and lodging house,
caf, club, casino, health club, gymnasium, fast foods center, ice cream
parlor, bar, carting services, event management and other allied services.
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