Kareems Spun Silk Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 6.47 Cr
- Company Age 34 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 14.75 Cr
- Revenue Growth -20.40%
- Profit Growth -155.77%
- Ebitda 7.59%
- Net Worth -0.35%
- Total Assets 2.61%
About Kareems Spun Silk
Kareems Spun Silk Limited (KSSL) is a Public Limited Indian Non-Government Company incorporated in India on 28 June 1990 and has a history of 34 years and seven months. Its registered office is in Bangalore, Karnataka, India.
The Company is engaged in the Financial Services 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 10.00 Cr and a paid-up capital of Rs 6.47 Cr.
The company currently has active open charges totaling ₹14.75 Cr.
Mohammed Mohsin, Mohammed Faisal, and Mohammed Kareem serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U85110KA1990PLC011032
- Company No.
011032
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
28 Jun 1990
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Kareems Spun Silk?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohammed Mohsin  | Managing Director | 02-Sep-1995 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mohammed Faisal | Director | 29-Jan-2004 | Current |
| Mohammed Kareem | Additional Director | 29-Oct-2021 | Current |
Financial Performance of Kareems Spun Silk.
Kareems Spun Silk Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.4% decrease. The company also saw a substantial fall in profitability, with a 155.77% decrease in profit. The company's net worth dipped by a decrease of 0.35%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Kareems Spun Silk?
In 2023, Kareems Spun Silk had a promoter holding of 23.97% and a public holding of 76.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Kareems Silk International LimitedMohammed Mohsin, Mohammed Faisal and 1 more are mutual person
Charges (Loans)
₹14.75 Cr
₹0
Charges Breakdown by Lending Institutions
- The Industrial Credit & Investment Corporation Of India Ltd. : 7.30 Cr
- State Bank Of India : 4.20 Cr
- Industrial Reconstruction Bank Of India : 1.50 Cr
- Industrial Reconstruction Bank Of India (Irbi) : 1.00 Cr
- The Industrial Credit & Investment Corporation Of India Ltd : 0.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Nov 1999 | Industrial Reconstruction Bank Of India | ₹1.50 Cr | Open |
| 05 Jul 1994 | The Industrial Credit & Investment Corporation Of India Ltd. | ₹1.40 Cr | Open |
| 05 Jun 1994 | The Industrial Credit & Investment Corporation Of India Ltd. | ₹1.40 Cr | Open |
| 31 Jan 1994 | State Bank Of India | ₹4.20 Cr | Open |
| 25 May 1993 | The Industrial Credit & Investment Corporation Of India Ltd. | ₹2.50 Cr | Open |
How Many Employees Work at Kareems Spun Silk?
Kareems Spun Silk has a workforce of 0 employees as of Apr 08, 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 Kareems Spun Silk, 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 Kareems Spun Silk'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.
