Gagan Silk Mills Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 6.81 M
- Company Age 30 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.07 Cr
- Satisfied Charges ₹ 3.85 Cr
- Revenue Growth 27.47%
- Profit Growth 59.16%
- Ebitda 41.33%
- Net Worth 28.97%
- Total Assets 8.42%
About Gagan Silk Mills
Gagan Silk Mills Pvt Ltd (GSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 November 1994 and has a history of 30 years and three months. Its registered office is in Surat, Gujarat, 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 7.50 M and a paid-up capital of Rs 6.81 M.
The company currently has active open charges totaling ₹10.07 Cr. The company has closed loans amounting to ₹3.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
Karansingh Jain, Gagan Jain, Prakash Jain, and One other member serve as directors at the Company.
Company Details
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Location
Surat, Gujarat, India
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Telephone
+91-XXXXXXXXXX
- Email Address
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U17116GJ1994PTC023530
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Company No.
023530
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
09 Nov 1994
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Gagan Silk Mills?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Karansingh Jain
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Director | 09-Nov-1994 | Current |
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Gagan Jain
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Director | 22-Apr-2013 | Current |
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Prakash Jain
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Director | 09-Nov-1994 | Current |
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Vipul Jain
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Director | 22-Apr-2013 | Current |
Financial Performance of Gagan Silk Mills.
Gagan Silk Mills Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 27.47% increase. The company also saw a substantial improvement in profitability, with a 59.16% increase in profit. The company's net worth Soared by an impressive increase of 28.97%.
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What is the Ownership and Shareholding Structure of Gagan Silk Mills?
In 2023, Gagan Silk Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Parv Designer Private LimitedKaransingh Jain, Gagan Jain and 1 more are mutual person
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Prangan Silk Mills Llp
Gagan Jain, Prakash Jain and 1 more are mutual person
Charges (Loans)
₹100.73 M
₹38.50 M
Charges Breakdown by Lending Institutions
- Others : 10.07 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jul 1999 | Others | ₹4.04 Cr | Open |
| 30 Jul 1999 | Others | ₹6.04 Cr | Open |
| 20 Jun 2012 | Central Bank Of India | ₹1.10 Cr | Satisfied |
| 29 Oct 2004 | Central Bank Of India | ₹1.25 Cr | Satisfied |
| 30 Jul 1999 | Central Bank Of India | ₹1.50 Cr | Satisfied |
How Many Employees Work at Gagan Silk Mills?
Gagan Silk Mills has a workforce of 70 employees as of Apr 09, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Gagan 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 Gagan Silk Mills's trajectory.
Rating
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
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.