Elegance Silks Private Limited

Silk trading company specializing in sarees, fabrics, and yarn.

1997 | Bangaluru, Karnataka (India) | Active
Last Updated: December 14, 2024

Elegance Silks Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.12 M
  • Company Age 27 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 157.69%
  • Profit Growth 42.68%
  • Ebitda 1753.68%
  • Net Worth 81.11%
  • Total Assets 49.36%

About Elegance Silks

Elegance Silks Private Limited (ESPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 June 1997 and has a history of 27 years and seven months. Its registered office is in Bangaluru, Karnataka, 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 1.00 Cr and a paid-up capital of Rs 0.12 M, as per Ministry of Corporate Affairs (MCA) records.

Amarchand Bansilal and Rahul Rander serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17122KA1997PTC022423

  • Company No.

    022423

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jun 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Home & Lifestyle

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

Board Members (2)

Name Designation Appointment Date Status
Amarchand Bansilal Country flag representing In Director 23-Jun-1997 Current
Rahul Rander Country flag representing In Director 22-May-2010 Current

Financial Performance of Elegance Silks.

Elegance Silks Private Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 157.69% increase. The company also saw a substantial improvement in profitability, with a 42.68% increase in profit. The company's net worth Soared by an impressive increase of 81.11%.

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
157.69%
Revenue from Operations
159.56%
Total Assets
49.36%
Profit or Loss
42.68%
Net Worth
81.11%
EBITDA
1753.68%

What is the Ownership and Shareholding Structure of Elegance Silks?

In 2017, Elegance 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Elegance Silks?

Unlock and access historical data on people associated with Elegance Silks, 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 Elegance 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 Elegance 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 Elegance Silks

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Rahul Rander was appointed as a Director was appointed as a Director on 22 May 2010 & has been associated with this company since 14 years 8 months .

    22 May 2010

  • Director Appointment

    Amarchand Rander Bansilal was appointed as a Director was appointed as a Director on 23 Jun 1997 & has been associated with this company since 27 years 7 months .

    23 Jun 1997

  • Company Incorporation

    Elegance Silks Private Limited was registered on 23 Jun 1997 with Roc Bangalore & aged 27 years 7 months as per MCA records.

    23 Jun 1997

Frequently asked questions

  • Elegance Silks Private Limited was incorporated on 23 Jun 1997.

  • The authorized share capital of Elegance Silks Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 0.12 M.

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

    • Amarchand Rander Bansilal
    • Rahul Rander
  • As per Ministry of Corporate Affairs (Mca), the registered address of Elegance Silks Private Limited is No.27 2Nd Floor Mallige Complex, Ksrtc Layout Subramanyapura Main Road India, Bangalore, Karnataka, 560061.

  • The corporate identification number (CIN) of Elegance Silks Private Limited is U17122KA1997PTC022423 and the company number is 022423 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Elegance Silks Private Limited has risen by 157.69%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Elegance Silks Private Limited has experienced an upsurge of 81.11%.

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

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