The company was incorporated in the name of ‘Sonam Clock Private Limited’ under the provisions of Companies Act, 1956 vide Certificate of Incorporation dated June 21, 2001, issued by Registrar of Companies, Gujarat, Dadra & Nagar Haveli. Later, the company was converted into Public Limited Company and consequently name of the company was changed from ‘Sonam Clock Private Limited’ to ‘Sonam Clock Limited’ vide Special resolution passed by the Shareholders at the Extra Ordinary General Meeting held on January 29, 2018 and a fresh certificate of incorporation dated February 7, 2018 issued by the Registrar of Companies, Ahmedabad.
They are ISO 9001:2008 accredited company.
Business area of the Company:
The company is a clock manufacturing company situated in Morbi, Gujarat and offers a wide range of table and wall clocks at various price points across budget, mid-level and premium styles. As on February 2018, they are offering clocks from a price range of Rs 100 to Rs1800 which includes LED digital clocks, LCD clocks, light sensor clocks, pendulum clocks, musical clocks, rotating pendulum musical clocks, sweep clocks, office clocks, designer clocks, alarm clocks, table clocks and regular clocks. They also offer customized corporate clocks in bulk quantities for corporate gifting purpose. Their products are sold mainly to clock dealers, retailers, corporates, gifts and novelties stores, through which it reaches to end consumers. Their products are sold under the brand name of Sonam, ampm and Lotus.
Major Events and Mile Stones:
- 2001: Incorporation of the company in the name of ‘Sonam Clock Private Limited’.
- F.Y. 2002-03: Commenced manufacturing operations of wall clock items at Survey No. 337/p, Village Lajai, Morbi Rajkot Highway, Taluka Tankara, District Morbi - 363641 Gujarat, India
- F.Y. 2008-09: Domestic Turnover crosses Rs 10 crore and Export Turnover crosses Rs 5 crore.
- F.Y. 2009-10: Export Turnover crosses Rs 10 crore.
- F.Y. 2011-12: Overall Turnover crosses Rs 30 crore.
- F.Y. 2015-16: The company got accredited with ISO 9001:2008 certification for Quality Control System.
- F.Y. 2016-17: Gross Revenue from Operations crosses Rs 40 crore.
- F.Y. 2017-18: Change in Registered Office of the company.
- F.Y. 2017-18: Conversion of the company from Private Limited to Public Limited Company.