Aagam Silk Mills Private Limited

Textile manufacturing and processing company established in 2010, based in Surat, Gujarat.

2010 | Surat, Gujarat (India) | Active
Last Updated: June 18, 2024

Aagam Silk Mills Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.75 Cr
  • Satisfied Charges ₹ 1.08 Cr
  • Revenue Growth 88.00%
  • Profit Growth 27.00%
  • Ebitda 6.26%
  • Net Worth 2.13%
  • Total Assets 49.04%

About Aagam Silk Mills

Aagam Silk Mills Private Limited (ASMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 October 2010 and has a history of 14 years and four months. Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Home & Lifestyle Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹4.75 Cr. The company has closed loans amounting to ₹1.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mahendra Chopra and Savita Chopra serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17120GJ2010PTC062580

  • Company No.

    062580

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Oct 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Home & Lifestyle

Who are the key members and board of directors at Aagam Silk Mills?

Board Members (2)

Name Designation Appointment Date Status
Mahendra Chopra Country flag representing In Director 11-Oct-2010 Current
Savita Chopra Country flag representing In Director 11-Oct-2010 Current

Financial Performance of Aagam Silk Mills.

Aagam Silk Mills Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 88% increase. The company also saw a substantial improvement in profitability, with a 27% increase in profit. The company's net worth moved up by a moderate rise of 2.13%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
88.00%
Revenue from Operations
88.20%
Total Assets
49.04%
Profit or Loss
27.00%
Net Worth
2.13%
EBITDA
6.26%

What is the Ownership and Shareholding Structure of Aagam Silk Mills?

In 2023, Aagam Silk Mills had a promoter holding of 99.03% and a public holding of 0.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹47.50 M

Satisfied Charges

₹10.80 M

Charges Breakdown by Lending Institutions

  • Others : 2.75 Cr
  • Kotak Mahindra Bank Limited : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
28 Jun 2014 Others ₹2.75 Cr Open
06 Nov 2012 Kotak Mahindra Bank Limited ₹2.00 Cr Open
04 Aug 2012 Bank Of Baroda ₹1.08 Cr Satisfied

How Many Employees Work at Aagam Silk Mills?

Unlock and access historical data on people associated with Aagam Silk Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aagam Silk Mills, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Aagam Silk Mills's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Aagam Silk Mills

Recent activity within the organization

  • Annual General Meeting

    Aagam Silk Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Aagam Silk Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 27.50 M registered on 28 Jun 2014 with Charge ID 10510795 was modified on 28 Dec 2017.

    28 Dec 2017

  • Charges

    A charge registered on 04 Aug 2012 via Charge ID 10373088 with Bank Of Baroda was fully satisfied on 25 Aug 2014.

    25 Aug 2014

  • Charges

    A charge with Others amounted to Rs. 27.50 M with Charge ID 10510795 was registered on 28 Jun 2014.

    28 Jun 2014

  • Charges

    A charge with Kotak Mahindra Bank Limited amounted to Rs. 20.00 M with Charge ID 10388604 was registered on 06 Nov 2012.

    06 Nov 2012

Frequently asked questions

  • Aagam Silk Mills Private Limited was incorporated on 11 Oct 2010.

  • The authorized share capital of Aagam Silk Mills Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Aagam Silk Mills Private Limited.

    • Mahendra Bherulal Chopra
    • Savita Mahendra Kumar Chopra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aagam Silk Mills Private Limited is Shop No.Q/1251 Surat Textile Market Ring Road, Gujarat, India, 395002.

  • The corporate identification number (CIN) of Aagam Silk Mills Private Limited is U17120GJ2010PTC062580 and the company number is 062580 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aagam Silk Mills Private Limited is https://www.aagamsilkmills.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Aagam Silk Mills Private Limited has risen by 88.00%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Aagam Silk Mills Private Limited has experienced an upsurge of 2.13%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Aagam Silk Mills Private Limited amount to ₹ 4.75 Cr.

  • The most recent Balance Sheet for Aagam Silk Mills Private Limited was filed with the ROC on 31 Mar 2023.