Ethnic Silks Private Limited

Trading paper since 1995, with registered office in Delhi.

1995 | New Delhi, Delhi (India) | Active
Last Updated: July 30, 2024

Ethnic Silks Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 30 Year, 12 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 53.06 Cr
  • Satisfied Charges ₹ 8.70 Cr
  • Revenue Growth 29.14%
  • Profit Growth 20.63%
  • Ebitda -33.14%
  • Net Worth 1.62%
  • Total Assets -0.38%

About Ethnic Silks

Ethnic Silks Private Limited (ESPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 January 1995 and has a history of 30 years. Its registered office is in New Delhi, Delhi, India.

The Company is engaged in the Trading 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹53.06 Cr. The company has closed loans amounting to ₹8.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramesh Bangur and Pradyumna Bangur serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1995PTC064606

  • Company No.

    064606

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jan 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Trading

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

Board Members (2)

Name Designation Appointment Date Status
Ramesh Bangur Country flag representing In Director 09-Jun-1998 Current
Pradyumna Bangur Country flag representing In Director 12-Jul-2014 Current

Financial Performance of Ethnic Silks.

Ethnic Silks Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.14% increase. The company also saw a substantial improvement in profitability, with a 20.63% increase in profit. The company's net worth moved up by a moderate rise of 1.62%.

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
29.14%
Revenue from Operations
Total Assets
-0.38%
Profit or Loss
20.63%
Net Worth
1.62%
EBITDA
-33.14%

What is the Ownership and Shareholding Structure of Ethnic Silks?

In 2023, Ethnic 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

₹530.61 M

Satisfied Charges

₹87.00 M

Charges Breakdown by Lending Institutions

  • Others : 34.56 Cr
  • Bajaj Finance Limited : 10.02 Cr
  • Icici Bank Limited : 7.23 Cr
  • Kotak Mahindra Bank Limited : 1.25 Cr

Latest Charge Details

Date Lender Amount Status
08 Nov 2023 Others ₹1.80 Cr Open
05 Aug 2022 Others ₹1.03 Cr Open
05 Aug 2022 Others ₹7.86 M Open
02 Aug 2022 Others ₹16.00 Cr Open
28 Aug 2020 Others ₹1.63 Cr Open

How Many Employees Work at Ethnic Silks?

Unlock and access historical data on people associated with Ethnic 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 Ethnic 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 Ethnic 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 Ethnic Silks

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 18.00 M with Charge ID 100830471 was registered on 08 Nov 2023.

    08 Nov 2023

  • Charges

    A charge with Others of Rs. 160.00 M registered on 02 Aug 2022 with Charge ID 100667554 was modified on 08 Nov 2023.

    08 Nov 2023

  • Annual General Meeting

    Ethnic 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

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

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 10.27 M with Charge ID 100667472 was registered on 05 Aug 2022.

    05 Aug 2022

  • Charges

    A charge with Others amounted to Rs. 7.86 M with Charge ID 100667473 was registered on 05 Aug 2022.

    05 Aug 2022

Frequently asked questions

  • Ethnic Silks Private Limited was incorporated on 20 Jan 1995.

  • The authorized share capital of Ethnic Silks Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

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

    • Ramesh Kumar Bangur
    • Pradyumna Bangur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ethnic Silks Private Limited is 644 Pocket-C Ifc Gazipur, New Delhi, India, 110096.

  • The corporate identification number (CIN) of Ethnic Silks Private Limited is U74899DL1995PTC064606 and the company number is 064606 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ethnic Silks Private Limited has risen by 29.14%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ethnic Silks Private Limited has experienced an upsurge of 1.62%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ethnic Silks Private Limited amount to ₹ 53.06 Cr.

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

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