Paradise Silk Mills Pvt Ltd

Manufactures and exports synthetic fabrics, including blends with polyester, viscose, cotton, and wool.

1987 | Mumbai, Maharashtra (India) | Active
Last Updated: December 04, 2024

Paradise Silk Mills Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.55 M
  • Company Age 37 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.52 Cr
  • Revenue Growth -64.28%
  • Profit Growth 81.33%
  • Ebitda 102.36%
  • Net Worth -24.49%
  • Total Assets -19.21%

About Paradise Silk Mills

Paradise Silk Mills Pvt Ltd (PSMPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 October 1987 and has a history of 37 years and three months. Its registered office is in Mumbai, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 0.55 M.

The company has closed loans amounting to ₹4.52 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Girdharilal Godhwani and Harish Godhwani serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101MH1987PTC045051

  • Company No.

    045051

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Oct 1987

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Paradise Silk Mills?

Board Members (2)

Name Designation Appointment Date Status
Girdharilal Godhwani Country flag representing In Director 20-Oct-1987 Current
Harish Godhwani Country flag representing In Director 20-Oct-1987 Current

Financial Performance of Paradise Silk Mills.

Paradise Silk Mills Pvt Ltd, for the financial year ended 2020, experienced significant reduction in revenue, with a 64.28% decrease. The company also saw a substantial improvement in profitability, with a 81.33% increase in profit. The company's net worth observed a substantial decline by a decrease of 24.49%.

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
-64.28%
Revenue from Operations
-71.47%
Total Assets
-19.21%
Profit or Loss
81.33%
Net Worth
-24.49%
EBITDA
102.36%

What is the Ownership and Shareholding Structure of Paradise Silk Mills?

In 2019, Paradise 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹45.20 M

Charges Breakdown by Lending Institutions

  • The Shamrao Vithal Co.-Op. Bank : 2.47 Cr
  • The Shamrao Vithal Co-Op. Bank Limited : 1.20 Cr
  • Oriental Bank Of Commerce : 0.75 Cr
  • Allahabad Bank : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
13 Apr 2010 The Shamrao Vithal Co-Op. Bank Limited ₹6.00 M Satisfied
29 Jun 2001 Oriental Bank Of Commerce ₹7.50 M Satisfied
30 Sep 2000 The Shamrao Vithal Co-Op. Bank Limited ₹6.00 M Satisfied
15 Dec 1998 The Shamrao Vithal Co.-Op. Bank ₹2.37 Cr Satisfied
10 Oct 1994 The Shamrao Vithal Co.-Op. Bank ₹1.00 M Satisfied

How Many Employees Work at Paradise Silk Mills?

Unlock and access historical data on people associated with Paradise Silk Mills, 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 Paradise 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 Paradise Silk Mills'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 Paradise Silk Mills

Recent activity within the organization

  • Annual General Meeting

    Paradise Silk Mills Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Paradise Silk Mills Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 13 Apr 2010 via Charge ID 10214322 with The Shamrao Vithal Co-Op. Bank Limited was fully satisfied on 05 Dec 2019.

    05 Dec 2019

  • Charges

    A charge registered on 30 Sep 2000 via Charge ID 90220382 with The Shamrao Vithal Co-Op. Bank Limited was fully satisfied on 05 Dec 2019.

    05 Dec 2019

  • Charges

    A charge registered on 15 Dec 1998 via Charge ID 90220327 with The Shamrao Vithal Co.-Op. Bank was fully satisfied on 05 Dec 2019.

    05 Dec 2019

  • Charges

    A charge registered on 10 Oct 1994 via Charge ID 90222398 with The Shamrao Vithal Co.-Op. Bank was fully satisfied on 05 Dec 2019.

    05 Dec 2019

Frequently asked questions

  • Paradise Silk Mills Pvt Ltd was incorporated on 20 Oct 1987.

  • The authorized share capital of Paradise Silk Mills Pvt Ltd is ₹ 1.50 M and paid-up capital is ₹ 0.55 M.

  • Currently 2 directors are associated with Paradise Silk Mills Pvt Ltd.

    • Girdharilal Baksharam Godhwani
    • Harish Baksharam Godhwani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paradise Silk Mills Pvt Ltd is 16 Kakkad Market 306 Kalbadevi Road, India, Mumbai, Maharashtra, 400002.

  • The corporate identification number (CIN) of Paradise Silk Mills Pvt Ltd is U18101MH1987PTC045051 and the company number is 045051 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Paradise Silk Mills Pvt Ltd has fallen by -64.28%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Paradise Silk Mills Pvt Ltd has experienced an downturn of -24.49%.

  • The most recent Balance Sheet for Paradise Silk Mills Pvt Ltd was filed with the ROC on 31 Mar 2024.