Prakash Silks & Sarees Private Limited

Wholesale and retail trading of silk sarees and other textiles, also produces and sells wind energy.

2014 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Prakash Silks & Sarees Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.70 Cr
  • Company Age 11 Year, 11 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 352.03 Cr
  • Revenue Growth 37.66%
  • Profit Growth 89.95%
  • Ebitda 58.34%
  • Net Worth 27.52%
  • Total Assets 19.51%

About Prakash Silks & Sarees

Prakash Silks & Sarees Private Limited (PSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 February 2014 and has a history of 11 years. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Fashion And Textile 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 5.00 Cr and a paid-up capital of Rs 2.70 Cr.

The company currently has active open charges totaling ₹352.03 Cr.

Khoday Sah, Khoday Sah, Khoday Sah, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    prakashsilks.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52300TN2014PTC094974

  • Company No.

    094974

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Feb 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Fashion and Textile
Environment

What products or services does Prakash Silks & Sarees Private Limited offer?

Prakash Silks & Sarees Private Limited offers a wide range of products and services, including Silk Sarees, Kanchipuram Sarees, Indian Sarees, Pure Silk Sarees.

Who are the key members and board of directors at Prakash Silks & Sarees?

Board Members (6)

NameDesignationAppointment DateStatus
Khoday Sah Country flag representing In Director 11-Feb-2014Current
Khoday Sah Country flag representing In Director 11-Feb-2014Current
Khoday Sah Country flag representing In Director 11-Feb-2014Current
Vigneshwar Eswarsah Country flag representing In Director 11-Feb-2014Current
Khoday Sah Country flag representing In Director 12-Dec-2018Current
Khoday Sah Country flag representing In Director 22-Apr-2024Current

Financial Performance of Prakash Silks & Sarees.

Prakash Silks & Sarees Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.66% increase. The company also saw a substantial improvement in profitability, with a 89.95% increase in profit. The company's net worth Soared by an impressive increase of 27.52%.

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
37.66%
Revenue from Operations
37.62%
Total Assets
19.51%
Profit or Loss
89.95%
Net Worth
27.52%
EBITDA
58.34%

What is the Ownership and Shareholding Structure of Prakash Silks & Sarees?

In 2023, Prakash Silks & Sarees 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

₹352.03 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 188.25 Cr
  • Indian Overseas Bank : 108.90 Cr
  • Axis Bank Limited : 33.53 Cr
  • Yes Bank Limited : 21.35 Cr

Latest Charge Details

DateLenderAmountStatus
10 Jun 2024Hdfc Bank Limited₹40.00 CrOpen
21 Mar 2024Hdfc Bank Limited₹13.00 CrOpen
21 Mar 2024Hdfc Bank Limited₹20.00 CrOpen
20 Jan 2024Axis Bank Limited₹15.45 CrOpen
02 Aug 2023Hdfc Bank Limited₹13.80 CrOpen

How Many Employees Work at Prakash Silks & Sarees?

Prakash Silks & Sarees has a workforce of 144 employees as of Aug 10, 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 Prakash Silks & Sarees, 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 Prakash Silks & Sarees'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 Prakash Silks & Sarees

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 13.00 Cr registered on 21 Mar 2024 with Charge ID 100892878 was modified on 11 Jun 2024.

    11 Jun 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 40.00 Cr with Charge ID 100939581 was registered on 10 Jun 2024.

    10 Jun 2024

  • Director Appointment

    Khoday Nagoo Sah Ganesh Sah Vinayak Sah was appointed as a Director was appointed as a Director on 22 Apr 2024 & has been associated with this company since 10 months 1 day .

    22 Apr 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100892880 was registered on 21 Mar 2024.

    21 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 13.00 Cr with Charge ID 100892878 was registered on 21 Mar 2024.

    21 Mar 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 15.45 Cr registered on 20 Jan 2024 with Charge ID 100895916 was modified on 20 Mar 2024.

    20 Mar 2024

Frequently asked questions

  • Prakash Silks & Sarees Private Limited was incorporated on 11 Feb 2014.

  • The authorized share capital of Prakash Silks & Sarees Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.70 Cr.

  • Currently 6 directors are associated with Prakash Silks & Sarees Private Limited.

    • Khoday Thulasi Sah Prakash Sah
    • Khoday Nagoo Sah Eswar Sah
    • Khoday Nagoo Sah Ganesh Sah
    • Vigneshwar Sah Khoday Eswarsah
    • Khoday Prakash Sah Sreenivas Sah
    • Khoday Nagoo Sah Ganesh Sah Vinayak Sah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prakash Silks & Sarees Private Limited is No 87, Gandhi Road Kanchipuram India, Chennai, Tamil Nadu, 631501.

  • The corporate identification number (CIN) of Prakash Silks & Sarees Private Limited is U52300TN2014PTC094974 and the company number is 094974 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prakash Silks & Sarees Private Limited is https://www.prakashsilks.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prakash Silks & Sarees Private Limited has risen by 37.66%.

  • As Per 2023 financial reports, 144 employees are currently employed by Prakash Silks & Sarees Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prakash Silks & Sarees Private Limited has experienced an upsurge of 27.52%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prakash Silks & Sarees Private Limited amount to ₹ 352.03 Cr.

  • The most recent Balance Sheet for Prakash Silks & Sarees Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Wind Energy Solutions