Madurai Silver Palace Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 5.55 M
- Company Age 12 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.00 Cr
- Revenue Growth 113.30%
- Profit Growth 600.84%
- Ebitda 256.68%
- Net Worth 74.66%
- Total Assets 23.62%
About Madurai Silver Palace
Madurai Silver Palace Private Limited (MSPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 June 2012 and has a history of 12 years and seven months. Its registered office is in Madurai, Tamil Nadu, India.
The Corporate was formerly known as Madurai Silver Centre Private Limited. The Company is engaged in the Consumer Goods 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 1.50 Cr and a paid-up capital of Rs 5.55 M.
The company currently has active open charges totaling ₹4.00 Cr.
Janakiraman Ayothiraman and Janaki Renganayagi serve as directors at the Company.
Company Details
- Location
Madurai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U52393TN2012PTC086510
- Company No.
086510
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Jun 2012
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Madurai Silver Palace?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Janakiraman Ayothiraman  | Managing Director | 15-Feb-2015 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Janaki Renganayagi | Director | 15-Feb-2015 | Current |
Financial Performance of Madurai Silver Palace.
Madurai Silver Palace Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 113.3% increase. The company also saw a substantial improvement in profitability, with a 600.84% increase in profit. The company's net worth Soared by an impressive increase of 74.66%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Madurai Silver Palace?
In 2023, Madurai Silver Palace 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)
Silvorn LlpJanakiraman Ayothiraman and Janaki Renganayagi are mutual person
- Madurai Sri Jewellers Private Limited
Janakiraman Ayothiraman is a mutual person
- Srinidhi Consultancy Private Limited
Janakiraman Ayothiraman and Janaki Renganayagi are mutual person
Charges (Loans)
₹4.00 Cr
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 4.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 May 2023 | Axis Bank Limited | ₹4.00 Cr | Open |
How Many Employees Work at Madurai Silver Palace?
Madurai Silver Palace has a workforce of 16 employees as of Apr 05, 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 Madurai Silver Palace, 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 Madurai Silver Palace'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.
