Lakshmi Silk Palace (Karnataka) Private Limited

Textile trading company specializing in a variety of garments for men, women, and children.

2011 | Bangaluru, Karnataka (India) | Active
Last Updated: December 23, 2024

Lakshmi Silk Palace (Karnataka) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 13 Year, 7 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 11.10 Cr
  • Revenue Growth -54.57%
  • Profit Growth -1213.60%
  • Ebitda -39.54%
  • Net Worth -16.88%
  • Total Assets -1.27%

About Lakshmi Silk Palace (Karnataka)

Lakshmi Silk Palace (Karnataka) Private Limited (LSPKPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 June 2011 and has a history of 13 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 2020. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹11.10 Cr.

Channajammani Siddachar and Kullachari Vishwakarma 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

    U52100KA2011PTC059173

  • Company No.

    059173

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jun 2011

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Home & Lifestyle

Who are the key members and board of directors at Lakshmi Silk Palace (Karnataka)?

Board Members (2)

Name Designation Appointment Date Status
Channajammani Siddachar Country flag representing In Director 16-Jun-2011 Current
Kullachari Vishwakarma Country flag representing In Director 16-Jun-2011 Current

Financial Performance of Lakshmi Silk Palace (Karnataka).

Lakshmi Silk Palace (Karnataka) Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 54.57% decrease. The company also saw a substantial fall in profitability, with a 1213.6% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.88%.

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
-54.57%
Revenue from Operations
-54.57%
Total Assets
-1.27%
Profit or Loss
-1213.60%
Net Worth
-16.88%
EBITDA
-39.54%

What is the Ownership and Shareholding Structure of Lakshmi Silk Palace (Karnataka)?

In 2020, Lakshmi Silk Palace (Karnataka) 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

₹111.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Corporation Bank : 11.10 Cr

Latest Charge Details

Date Lender Amount Status
15 Oct 2013 Corporation Bank ₹6.55 Cr Open
05 Apr 2012 Corporation Bank ₹4.55 Cr Open

How Many Employees Work at Lakshmi Silk Palace (Karnataka)?

Lakshmi Silk Palace (Karnataka) has a workforce of 6 employees as of Mar 22, 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 Lakshmi Silk Palace (Karnataka), 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 Lakshmi Silk Palace (Karnataka)'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 Lakshmi Silk Palace (Karnataka)

Recent activity within the organization

  • Annual General Meeting

    Lakshmi Silk Palace (Karnataka) Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    Lakshmi Silk Palace (Karnataka) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.

    31 Mar 2020

  • Charges

    A charge with Corporation Bank amounted to Rs. 65.50 M with Charge ID 10456764 was registered on 15 Oct 2013.

    15 Oct 2013

  • Charges

    A charge with Corporation Bank amounted to Rs. 45.50 M with Charge ID 10348873 was registered on 05 Apr 2012.

    05 Apr 2012

  • Director Appointment

    Channajammani Siddachar was appointed as a Director was appointed as a Director on 16 Jun 2011 & has been associated with this company since 13 years 7 months .

    16 Jun 2011

  • Director Appointment

    Kullachari Puttamma Nanjundi Vishwakarma was appointed as a Director was appointed as a Director on 16 Jun 2011 & has been associated with this company since 13 years 7 months .

    16 Jun 2011

Frequently asked questions

  • Lakshmi Silk Palace (Karnataka) Private Limited was incorporated on 16 Jun 2011.

  • The authorized share capital of Lakshmi Silk Palace (Karnataka) Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Lakshmi Silk Palace (Karnataka) Private Limited.

    • Channajammani Siddachar
    • Kullachari Puttamma Nanjundi Vishwakarma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lakshmi Silk Palace (Karnataka) Private Limited is 475 Nanjundi Arcade 2Nd Main, Sampige Road Malleswaram India, Bangalore, Karnataka, 560003.

  • The corporate identification number (CIN) of Lakshmi Silk Palace (Karnataka) Private Limited is U52100KA2011PTC059173 and the company number is 059173 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Lakshmi Silk Palace (Karnataka) Private Limited has fallen by -54.57%.

  • As Per 2020 financial reports, 6 employees are currently employed by Lakshmi Silk Palace (Karnataka) Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Lakshmi Silk Palace (Karnataka) Private Limited has experienced an downturn of -16.88%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Lakshmi Silk Palace (Karnataka) Private Limited amount to ₹ 11.10 Cr.

  • The most recent Balance Sheet for Lakshmi Silk Palace (Karnataka) Private Limited was filed with the ROC on 31 Mar 2020.