Company Information

SOMANI IRON AND STEELS LTD.

NSE : NABSE : 504615ISIN CODE : Industry : Steel & Iron ProductsHouse : Private
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Non Executive DirectorRajendra Kumar Somani
Krishan Kumar Somani
Gaurav Somani
Girish Somani
Nimish Kumar Somani
Kishore Mohan
Krishan Kumar Singh
Mamta Gupta
Shyam Sunder Trivedi
Phool Lata Somani
Ganesh Prasad Tulsyan
Incorporation Year : 1971

Registered Office :

Address : 51/27, Somani Bhawan,Nayaganj, Kanpur,
Uttar Pradesh-208001 .

Phone : 0512-2330110 / 0512-2330152

URL :

Industry : Steel & Iron Products

Listing : ,Kanpur

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RISK DISCLOSURES ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Source:

1. SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.