Adinath Silks Private Limited

Adinath Silks Private Limited

Silk trading company sourcing from small-scale weavers and selling to wholesalers in Bangalore.
2002 | Bangalore, Karnataka (India) | Active

Last Updated:

June 28, 2024
HomeCompanyAdinath Silks Private Limited

Who are the key members and board of directors at Adinath Silks?

Executive Team (1)

NameDesignationAppointment DateStatus
Atul Shah InManaging Director02-Jul-2002Current

Board Members(1)

NameDesignationAppointment DateStatus
Girish Shah In Director 29-Sep-2012Current

Financial Performance of Adinath Silks.

Adinath Silks Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 1.47% decrease. The company also saw a substantial fall in profitability, with a 63.73% decrease in profit. The company's net worth moved up by a moderate rise of 3.56%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-1.47%
Revenue from Operations
-1.47%
Total Assets
18.20%
Profit or Loss
-63.73%
Net Worth
3.56%
EBITDA
-17.92%

Charges (Loans)

Open Charges Satisfied Charges

₹53.76 Cr

₹16.12 Cr

LenderAmountStatus

Others

Creation Date: 23 Oct 2018
₹11.96 CrOpen

Axis Bank Limited

Creation Date: 28 Sep 2013
₹41.80 CrOpen

State Bank Of India

Creation Date: 23 Jan 2004
₹16.12 CrSatisfied

How Many Employees Work at Adinath Silks?

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

Employee Graph

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Rating

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Latest Updates, News, and FAQs on Adinath Silks

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 11.96 Cr registered on 23 Oct 2018 with Charge ID 100217654 was modified on 16 Dec 2022.

    16 Dec 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 41.80 Cr registered on 28 Sep 2013 with Charge ID 10458044 was modified on 27 Jan 2021.

    27 Jan 2021

  • Annual General Meeting

    Adinath Silks Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    Adinath Silks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.

    31 Mar 2020

  • Charges

    A charge with Others amounted to Rs. 11.96 Cr with Charge ID 100217654 was registered on 23 Oct 2018.

    23 Oct 2018

  • Charges

    A charge registered on 23 Jan 2004 via Charge ID 80033895 with State Bank Of India was fully satisfied on 27 Dec 2013.

    27 Dec 2013

Frequently asked questions

  • Adinath Silks Private Limited was incorporated on 01 Jul 2002.

  • The authorized share capital of Adinath Silks Private Limited is ₹ 6.50 Cr and paid-up capital is ₹ 6.20 Cr.

  • Currently 2 directors are associated with Adinath Silks Private Limited.

    • Girish Rasiklal Shah
    • Atul Rasiklal Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Adinath Silks Private Limited is No.54 1St Cross Nehru Nagar, Out House 1St Floor, Bangalore, Karnataka, India, 560020.

  • The corporate identification number (CIN) of Adinath Silks Private Limited is U51311KA2002PTC030713 and the company number is 030713 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Adinath Silks Private Limited has fallen by -1.47%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Adinath Silks Private Limited has experienced an upsurge of 3.56%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Adinath Silks Private Limited amount to ₹ 53.76 Cr.

  • The most recent Balance Sheet for Adinath Silks Private Limited was filed with the ROC on 31 Mar 2020.

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