Declared net worth
₹24.74 Cr
Since last election
No prior
Pending cases
Not observed in this extraction version
Convictions
Not observed in this extraction version
Wealth & income over time
₹24.74 Cr
| Election | Constituency | Result | Assets | Liabilities | Net worth | Income |
|---|---|---|---|---|---|---|
| Karnataka Vidhan Sabha BYE-Election-DEC-2019-Karnataka | Yeshvanthapura | won | - | - | - | - |
| Karnataka Vidhan Sabha Election-Apr-May-2023 | Yeshvanthapura | won | ₹27.88 Cr | ₹3.14 Cr | ₹24.74 Cr | ₹6.54 Cr |
Latest affidavit
Total assets
₹27.88 Cr
Total liabilities
₹3.14 Cr
Net worth
₹24.74 Cr
Education
- Graduate, Bachelor of Science, Government Science College, Bangalore University - October 1980
self, S.T. Somashekar (Winner)
Private Transport Business
Movable assets
- Cash Cash ₹14,000.00
- Deposits in Banks, FIs and NBFCs Canara Bank, Gandhinagar br., ₹1.52 Cr
- Deposits in Banks, FIs and NBFCs Apex Bank, Vidhanasoudha br., ₹1.19 Cr
- Deposits in Banks, FIs and NBFCs Shankarapura Vishveshwaraiah Co-op Bank ₹3.26 L
- Deposits in Banks, FIs and NBFCs Bharath Co-op. Bank, Jayanagar br., ₹63,749.00
- Deposits in Banks, FIs and NBFCs Sheshadripuram Degree Credit Co-op. Society Fixed Deposit ₹2.03 L
- Personal Loans / Advances Given Vijayananda Travels Protection Deposit ₹50,000.00
- Personal Loans / Advances Given Electricity Supply for Commercial Building in Garvebhavi Palya Blore ₹10.17 L
- Personal Loans / Advances Given Brother Sri S T Srinivasn ₹6.50 L
- Personal Loans / Advances Given Mother Smt. T Seethamma ₹1.00 Cr
- Personal Loans / Advances Given Son S Nishanth ₹1.24 Cr
- Personal Loans / Advances Given Wife Radha ₹16.00 L
- Jewellery, Bullion, etc. 450gms Gold Ornaments ₹13.05 L
Immovable assets
- Agricultural Land Bharath House Construction Cooperative Society Ltd., Uttarahalli Layout Blore Site No. 847 ₹2.14 Cr
- Agricultural Land Total Area ₹77.34 L
- Commercial Buildings Garvebhavi Palya Blore - 46/4 ₹6.00 Cr
Liabilities
- Loans from other than Banks / FIs Loans due to Individual / Entity to NEGIS Ltd., Mumbai Commercial Building Advance Amount ₹1.22 Cr
Income (ITR)
- 2022-23 ₹1.34 Cr
- 2021-22 ₹1.32 Cr
- 2020-21 ₹1.19 Cr
- 2019-20 ₹1.14 Cr
- 2018-19 ₹1.03 Cr
spouse
House Wife
Movable assets
- Cash Cash ₹10,000.00
- Deposits in Banks, FIs and NBFCs SBI, BTM Layout ₹13.65 L
- Deposits in Banks, FIs and NBFCs BOB, Sarakki Br., ₹8.77 L
- Deposits in Banks, FIs and NBFCs SBI, BTM Layout, FD ₹1.82 L
- Deposits in Banks, FIs and NBFCs Bharath Co-op. Bank, Jayanagar br., FD ₹12,140.00
- Jewellery, Bullion, etc. 900gms Gold Ornaments ₹26.10 L
- Jewellery, Bullion, etc. 6KG Silver Items ₹3.30 L
Immovable assets
- Agricultural Land Bharath House Construction Cooperative Society Ltd., Uttarahalli Layout Blore Site No. 848 ₹1.00 Cr
- Agricultural Land Total Area ₹72.00 L
- Residential Buildings 1) House No. 3/4 NS Palya BTM Layout 2nd Stage Blore- 76 ₹2.00 Cr
- Residential Buildings Total Area ₹5.00 Cr
Liabilities
- Loans from other than Banks / FIs Loans due to Individual / Entity to Sri S T Somashekar ₹16.00 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to Sri S T Srinivasn ₹6.20 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to Smt Seethamma Loan Taken while construction ₹5.00 L
Income (ITR)
- 2022-23 ₹5.08 L
- 2021-22 ₹3.89 L
dependent
Movable assets
- Cash Cash ₹15,000.00
- Deposits in Banks, FIs and NBFCs ICICI Bank, BTM Layout ₹3,612.00
- Deposits in Banks, FIs and NBFCs HDFC Bank, Sadashivanagar ₹15.27 L
- Deposits in Banks, FIs and NBFCs HDFC Bank, Sadashivanagar FD ₹10.00 L
- Bonds, Debentures and Shares Shares in Germkill India LABS LLP, Current Share Value Rs.4317640/- ₹4.50 L
- Bonds, Debentures and Shares Shares in KONQUEST CORP Date:17/03/2023 ₹7.00 L
- LIC / Insurance Policies LIC Policy No 61787xxxxx Annual Amount Paid Till Now Rs.159354/- Sum Assured 3000000/- ₹1.59 L
- Motor Vehicles Honda Grasiya Two Wheeler Date:12/12/2019 ₹93,570.00
- Jewellery, Bullion, etc. 300gms Gold Ornaments ₹8.70 L
Immovable assets
- Agricultural Land Court Layout 2nd Stage Shivanagar Blore, Site No. 179 ₹1.54 Cr
- Agricultural Land Total Area ₹72.00 L
- Commercial Buildings NS Palya Blore - 56/28 ₹1.50 Cr
Liabilities
- Loans from Banks / Financial Institutions Loans from Banks / FIs to Balance Loan in KONQUEST CORP with Partnership with Vaibhav Bandari in BOI, Avenue Rd., Loan Amount 9400000/- ₹41.58 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to Sri S T Somashekar, Father ₹1.24 Cr
Income (ITR)
- 2022-23 ₹11.56 L
- 2021-22 ₹11.88 L
- 2020-21 ₹9.99 L
- 2019-20 ₹5.44 L
- 2018-19 ₹4.10 L
Criminal cases (1)
-
pending, Section 7, 8, 9, 10 and 13 of Prevention of Corruption Act 1988 383, 384, 415, 418, 420, 34, 120B
Elections contested
| Election | Constituency | Party | Result | Votes | Share |
|---|---|---|---|---|---|
| Karnataka Vidhan Sabha Election-Apr-May-2023 | Yeshvanthapura | Bharatiya Janata Party | won | - | - |
| Karnataka Vidhan Sabha BYE-Election-DEC-2019-Karnataka | Yeshvanthapura | Bharatiya Janata Party | won | 144,722 | 51.39% |
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Compiled from public disclosures by the Election Commission of India and MyNeta.