Parmeshwari Silk Mills Limited

Textile company specializing in spinning, weaving, and trading of various types of yarn and fibers.

1993 | Punjab, Punjab (India) | Active
Last Updated: July 01, 2024

Parmeshwari Silk Mills Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 32 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 139.98 Cr
  • Satisfied Charges ₹ 145.22 Cr
  • Revenue Growth 19.03%
  • Profit Growth 43.91%
  • Ebitda 15.00%
  • Net Worth 17.28%
  • Total Assets 8.88%

About Parmeshwari Silk Mills

Parmeshwari Silk Mills Limited (PSML) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 January 1993 and has a history of 32 years and one month. Its registered office is in Punjab, Punjab.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540467.

The Corporate was formerly known as Parmeshwari Silk Mills Private Limited. 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 3.50 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹139.98 Cr. The company has closed loans amounting to ₹145.22 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Parmeshwari Silk Mills Limited India are Honey Agarwal as COMPANY SECRETARY and Sukhdev Singh as Cfo. Jatinder Singh, Priya Begana, Harinder Kaur, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L17116PB1993PLC012917

  • Company No.

    012917

  • Stock Symbol

    BSE : 540467

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Jan 1993

  • Date of AGM

    20 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

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

Executive Team (2)

NameDesignationAppointment DateStatus
Honey Agarwal Country flag representing In Company Secretary12-Feb-2022Current
Sukhdev Singh Country flag representing In CFO13-Feb-2015Current

Board Members (4)

NameDesignationAppointment DateStatus
Jatinder Singh Country flag representing In Whole-Time Director 08-Jan-1993Current
Priya Begana Country flag representing In Director 21-Jun-2023Current
Harinder Kaur Country flag representing In Whole-Time Director 30-Mar-2019Current
Khushvinder Singh Country flag representing In Director 21-Jun-2023Current

Financial Performance of Parmeshwari Silk Mills.

Parmeshwari Silk Mills Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.03% increase. The company also saw a substantial improvement in profitability, with a 43.91% increase in profit. The company's net worth Soared by an impressive increase of 17.28%.

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
19.03%
Revenue from Operations
18.86%
Total Assets
8.88%
Profit or Loss
43.91%
Net Worth
17.28%
EBITDA
15.00%

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

In 2022, Parmeshwari Silk Mills had a promoter holding of 60.17% and a public holding of 39.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹139.98 Cr

Satisfied Charges

₹145.22 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 63.61 Cr
  • Hdfc Bank Limited : 34.37 Cr
  • Others : 28.00 Cr
  • Yes Bank Limited : 14.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Feb 2024Others₹25.00 CrOpen
18 Oct 2023Others₹3.00 CrOpen
16 Mar 2023Yes Bank Limited₹14.00 CrOpen
21 Sep 2022Axis Bank Limited₹2.80 CrOpen
05 Nov 2019Hdfc Bank Limited₹34.37 CrOpen

How Many Employees Work at Parmeshwari Silk Mills?

Parmeshwari Silk Mills has a workforce of 667 employees as of Apr 07, 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 Parmeshwari 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 Parmeshwari 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 Parmeshwari Silk Mills

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100882231 was registered on 27 Feb 2024.

    27 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 34.37 Cr registered on 05 Nov 2019 with Charge ID 100304586 was modified on 07 Dec 2023.

    07 Dec 2023

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100808613 was registered on 18 Oct 2023.

    18 Oct 2023

  • Annual General Meeting

    Parmeshwari Silk Mills Limited last Annual general meeting of members was held on 20 Sep 2023 as per latest MCA records.

    20 Sep 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 60.75 Cr registered on 29 Apr 2019 with Charge ID 100260264 was modified on 05 Sep 2023.

    05 Sep 2023

  • Director Appointment

    Priya Begana was appointed as a Director was appointed as a Director on 21 Jun 2023 & has been associated with this company since 1 year 8 months .

    21 Jun 2023

Frequently asked questions

  • Parmeshwari Silk Mills Limited was incorporated on 08 Jan 1993.

  • The authorized share capital of Parmeshwari Silk Mills Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 6 directors are associated with Parmeshwari Silk Mills Limited.

    • Jatinder Pal Singh
    • Priya Begana
    • Harinder Kaur
    • Khushvinder Bir Singh
    • Honey Agarwal
    • Sukhdev Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parmeshwari Silk Mills Limited is Village Bajra Rahon Road Ludhiana India, Punjab.

  • The corporate identification number (CIN) of Parmeshwari Silk Mills Limited is L17116PB1993PLC012917 and the company number is 012917 as per Ministry of Corporate Affairs (MCA).

  • Yes, Parmeshwari Silk Mills Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Parmeshwari Silk Mills Limited is https://www.parmeshwarisilkmills.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Parmeshwari Silk Mills Limited has risen by 19.03%.

  • As Per 2023 financial reports, 667 employees are currently employed by Parmeshwari Silk Mills Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Parmeshwari Silk Mills Limited has experienced an upsurge of 17.28%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Parmeshwari Silk Mills Limited amount to ₹ 139.98 Cr.

  • The most recent Balance Sheet for Parmeshwari Silk Mills Limited was filed with the ROC on 31 Mar 2023.

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