Pratik Silk Mills Private Limited

Textile manufacturer specializing in ladies' suits, designer suits, and lehengas.

2003 | Surat, Gujarat (India) | Active
Last Updated: July 27, 2024

Pratik Silk Mills Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 5.37 M
  • Company Age 21 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.30 Cr
  • Satisfied Charges ₹ 7.00 Cr
  • Revenue Growth -7.17%
  • Profit Growth -3.83%
  • Ebitda -287.86%
  • Net Worth -0.01%
  • Total Assets 3.12%

About Pratik Silk Mills

Pratik Silk Mills Private Limited (PSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 May 2003 and has a history of 21 years and nine months. Its registered office is in Surat, Gujarat, 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 2023. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 5.37 M.

The company currently has active open charges totaling ₹3.30 Cr. The company has closed loans amounting to ₹7.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gautam Jain, Prashant Javalekar, and Balasaheb Javalekar serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pratiksilkmills.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ2003PTC042380

  • Company No.

    042380

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 May 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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

Executive Team (1)

Name Designation Appointment Date Status
Balasaheb Javalekar Country flag representing In Managing Director 14-May-2003 Current

Board Members (2)

Name Designation Appointment Date Status
Gautam Jain Country flag representing In Director 20-Jan-2024 Current
Prashant Javalekar Country flag representing In Director 14-May-2003 Current

Financial Performance of Pratik Silk Mills.

Pratik Silk Mills Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.17% decrease. The company also saw a slight decrease in profitability, with a 3.83% decrease in profit. The company's net worth dipped by a decrease of 0.01%.

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
-7.17%
Revenue from Operations
-8.85%
Total Assets
3.12%
Profit or Loss
-3.83%
Net Worth
-0.01%
EBITDA
-287.86%

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

In 2023, Pratik Silk Mills had a promoter holding of 34.21% and a public holding of 65.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹33.00 M

Satisfied Charges

₹69.99 M

Charges Breakdown by Lending Institutions

  • Kotak Mahindra Bank Limited : 3.30 Cr

Latest Charge Details

Date Lender Amount Status
17 Oct 2011 Kotak Mahindra Bank Limited ₹3.30 Cr Open
15 Nov 2010 Standard Chartered Bank ₹3.40 Cr Satisfied
30 Apr 2010 Bank Of Maharshtra ₹8.99 M Satisfied
16 Oct 2008 Citi Bank N.A. ₹1.50 Cr Satisfied
24 Nov 2007 Citibank N.A. ₹8.00 M Satisfied

How Many Employees Work at Pratik Silk Mills?

Pratik Silk Mills has a workforce of 1 employees as of Apr 06, 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 Pratik 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 Pratik 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 Pratik Silk Mills

Recent activity within the organization

  • Director Appointment

    Gautam Jain was appointed as a Director was appointed as a Director on 20 Jan 2024 & has been associated with this company since 1 year 27 days .

    20 Jan 2024

  • Annual General Meeting

    Pratik Silk Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Pratik Silk Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 30 Apr 2010 via Charge ID 10220221 with Bank Of Maharshtra was fully satisfied on 25 Mar 2016.

    25 Mar 2016

  • Charges

    A charge with Kotak Mahindra Bank Limited of Rs. 33.00 M registered on 17 Oct 2011 with Charge ID 10318796 was modified on 23 Mar 2012.

    23 Mar 2012

  • Charges

    A charge registered on 15 Nov 2010 via Charge ID 10254588 with Standard Chartered Bank was fully satisfied on 25 Nov 2011.

    25 Nov 2011

Frequently asked questions

  • Pratik Silk Mills Private Limited was incorporated on 14 May 2003.

  • The authorized share capital of Pratik Silk Mills Private Limited is ₹ 7.50 M and paid-up capital is ₹ 5.37 M.

  • Currently 3 directors are associated with Pratik Silk Mills Private Limited.

    • Gautam Jain
    • Prashant Balasaheb Javalekar
    • Balasaheb Ghyandev Javalekar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pratik Silk Mills Private Limited is Shop No 318-319 3Rd Floor Shree Ram Market Ring Road, Surat, Gujarat, India, 395002.

  • The corporate identification number (CIN) of Pratik Silk Mills Private Limited is U17119GJ2003PTC042380 and the company number is 042380 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pratik Silk Mills Private Limited is https://www.pratiksilkmills.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pratik Silk Mills Private Limited has fallen by -7.17%.

  • As Per 2023 financial reports, 1 employees are currently employed by Pratik Silk Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pratik Silk Mills Private Limited has experienced an downturn of -0.01%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pratik Silk Mills Private Limited amount to ₹ 3.30 Cr.

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

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