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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 standards.

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,
cafÃ©, club, casino, health club, gymnasium, fast foods center, ice cream
parlor, bar, carting services, event management and other allied services.

Major events in the history 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 abrasion.

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 undertaking.

-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

2011

-The Company has installed a new manufacturing facility at its existing plant at Tahawara, District Jodhpur, Rajasthan. This new manufacturing facility will expand its production capacity from existing 4,50,000 metres to 9,00,000 metres of conveyer bell manufacturing.

2015
-Somi Conveyor Beltings has received purchase orders worth Rs 40.137 crore from BHEL, L&T and ThyssenKrupp Industries.

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