Barani Silks Private Limited

Manufactures and sells various types of clothing made from different materials.

2020 | Tirunelveli, Tamil Nadu (India) | Active
Last Updated: January 07, 2025

Barani Silks Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 0.63 M
  • Company Age 4 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 2.60 Cr
  • Revenue Growth 31.74%
  • Profit Growth 34.51%
  • Ebitda 90.92%
  • Net Worth 96.97%
  • Total Assets 10.30%

About Barani Silks

Barani Silks Private Limited (BSPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 April 2020 (Four years and ten months 0 days old ). Its registered office is in Tirunelveli, Tamil Nadu, India.

The Company is engaged in the Manufacturing 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 2.00 Cr and a paid-up capital of Rs 0.63 M.

The company has closed loans amounting to ₹2.60 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Selvaraj Lakshmi, Thangadurai Ponraj, Ponraj Santhi, and One other member serve as directors at the Company.

Company Details

  • Location

    Tirunelveli, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    baranisilkstsi.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18109TN2020PTC135141

  • Company No.

    135141

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Apr 2020

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

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

Board Members (4)

Name Designation Appointment Date Status
Selvaraj Lakshmi Country flag representing In Director 14-Apr-2020 Current
Thangadurai Ponraj Country flag representing In Director 14-Apr-2020 Current
Ponraj Santhi Country flag representing In Director 27-May-2020 Current
Renuka Country flag representing In Director 27-May-2020 Current

Financial Performance of Barani Silks.

Barani Silks Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 31.74% increase. The company also saw a substantial improvement in profitability, with a 34.51% increase in profit. The company's net worth Soared by an impressive increase of 96.97%.

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
31.74%
Revenue from Operations
31.93%
Total Assets
10.30%
Profit or Loss
34.51%
Net Worth
96.97%
EBITDA
90.92%

What is the Ownership and Shareholding Structure of Barani Silks?

In 2022, Barani Silks had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹2.60 Cr

Charges Breakdown by Lending Institutions

  • Tamilnad Mercantile Bank Limited : 2.60 Cr

Latest Charge Details

Date Lender Amount Status
04 Mar 2021 Tamilnad Mercantile Bank Limited ₹2.60 Cr Satisfied

How Many Employees Work at Barani Silks?

Barani Silks has a workforce of 14 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Barani Silks, 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 Barani Silks'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 Barani Silks

Recent activity within the organization

  • Annual General Meeting

    Barani Silks Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge registered on 04 Mar 2021 via Charge ID 100427848 with Tamilnad Mercantile Bank Limited was fully satisfied on 06 Jul 2023.

    06 Jul 2023

  • Balance Sheet

    Barani Silks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Tamilnad Mercantile Bank Limited of Rs. 2.60 Cr registered on 04 Mar 2021 with Charge ID 100427848 was modified on 11 Jan 2022.

    11 Jan 2022

  • Charges

    A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 2.60 Cr with Charge ID 100427848 was registered on 04 Mar 2021.

    04 Mar 2021

  • Director Appointment

    Ponraj Santhi was appointed as a Director was appointed as a Director on 27 May 2020 & has been associated with this company since 4 years 8 months .

    27 May 2020

Frequently asked questions

  • Barani Silks Private Limited was incorporated on 14 Apr 2020.

  • The authorized share capital of Barani Silks Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 0.63 M.

  • Currently 4 directors are associated with Barani Silks Private Limited.

    • Selvaraj Lakshmi
    • Thangadurai Ponraj
    • Ponraj Santhi
    • Renuka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Barani Silks Private Limited is D.No.155, Shenbagavinayagar Koil Street India, Tenkasi, Tamil Nadu, 627811.

  • The corporate identification number (CIN) of Barani Silks Private Limited is U18109TN2020PTC135141 and the company number is 135141 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Barani Silks Private Limited is https://www.baranisilkstsi.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Barani Silks Private Limited has risen by 31.74%.

  • As Per 2022 financial reports, 14 employees are currently employed by Barani Silks Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Barani Silks Private Limited has experienced an upsurge of 96.97%.

  • The most recent Balance Sheet for Barani Silks Private Limited was filed with the ROC on 31 Mar 2023.