Shahlon Silk Industries Limited

Founded in 2008 and headquartered in Gujarat, India.

2008 | Surat, Gujarat (India) | Active
Last Updated: December 11, 2024

Shahlon Silk Industries Profile

Key Indicators

  • Authorised Capital ₹ 32.00 Cr
  • Paid Up Capital ₹ 17.86 Cr
  • Company Age 16 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 236.39 Cr
  • Satisfied Charges ₹ 209.84 Cr
  • Revenue Growth 45.85%
  • Profit Growth -8.45%
  • Ebitda 21.95%
  • Net Worth 3.31%
  • Total Assets 0.61%

About Shahlon Silk Industries

Shahlon Silk Industries Limited (SSIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 April 2008 and has a history of 16 years and ten months. Its registered office is in Surat, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 542862.

The Corporate was formerly known as Shahlon 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 2024. It's a company limited by shares with an authorized capital of Rs 32.00 Cr and a paid-up capital of Rs 17.86 Cr.

The company currently has active open charges totaling ₹236.39 Cr. The company has closed loans amounting to ₹209.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shahlon Silk Industries Limited India are Satish Shah as CFO and Hiteshkumar Garmora as Company Secretary. Dhirajlal Shah, Arvind Shah, Nitin Shah, and Three other members serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shahlon.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L17120GJ2008PLC053464

  • Company No.

    053464

  • Stock Symbol

    BSE : 542862

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Apr 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Shahlon Silk Industries Limited offer?

Shahlon Silk Industries Limited offers a wide range of products and services, including Plain Weave, Dobby Fabrics, Satin Weave Fabrics, Satin Fabrics, Ladies Tops, Synthetic Fabric, Viscose Fabric, Polyester Textile, Polyester Taffeta, Yarns & Threads.

Who are the key members and board of directors at Shahlon Silk Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Arvind Shah Country flag representing In Managing Director03-Sep-2018Current
Satish Shah Country flag representing In CFO01-Oct-2019Current
Hiteshkumar Garmora Company Secretary01-Apr-2018Current

Board Members (5)

NameDesignationAppointment DateStatus
Nitin Shah Country flag representing In Whole-Time Director 03-Sep-2018Current
Dhirajlal Shah Country flag representing In Director 03-Sep-2018Current
Richa Goyal Country flag representing In Director 03-Sep-2018Current
Rajendra Desai Country flag representing In Director 03-Sep-2018Current
Vaibhav Mehta Country flag representing In Director 17-Jun-2019Current

Financial Performance of Shahlon Silk Industries.

Shahlon Silk Industries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 45.85% increase. The company also saw a slight decrease in profitability, with a 8.45% decrease in profit. The company's net worth moved up by a moderate rise of 3.31%.

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
45.85%
Revenue from Operations
43.73%
Total Assets
0.61%
Profit or Loss
-8.45%
Net Worth
3.31%
EBITDA
21.95%

What is the Ownership and Shareholding Structure of Shahlon Silk Industries?

In 2022, Shahlon Silk Industries had a promoter holding of 71.72% and a public holding of 28.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹236.39 Cr

Satisfied Charges

₹209.84 Cr

Charges Breakdown by Lending Institutions

  • Others : 234.60 Cr
  • Bank Of Baroda : 1.50 Cr
  • Hdfc Bank Limited : 0.29 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jun 2024Others₹28.00 CrOpen
14 Jun 2024Others₹6.00 CrOpen
14 Mar 2024Others₹35.00 CrOpen
29 Feb 2024Others₹10.00 CrOpen
21 Feb 2024Others₹35.00 CrOpen

How Many Employees Work at Shahlon Silk Industries?

Shahlon Silk Industries has a workforce of 688 employees as of Apr 09, 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 Shahlon Silk Industries, 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 Shahlon Silk Industries'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 Shahlon Silk Industries

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 11.50 Cr registered on 01 Feb 2024 with Charge ID 100869586 was modified on 12 Nov 2024.

    12 Nov 2024

  • Annual General Meeting

    Shahlon Silk Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 6.00 Cr registered on 07 Oct 2014 with Charge ID 10523582 was modified on 08 Jul 2024.

    08 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 28.00 Cr with Charge ID 100943893 was registered on 24 Jun 2024.

    24 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100939536 was registered on 14 Jun 2024.

    14 Jun 2024

  • Charges

    A charge registered on 27 Mar 2015 via Charge ID 10561885 with Others was fully satisfied on 14 Jun 2024.

    14 Jun 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Shahlon Silk Industries Limited was incorporated on 02 Apr 2008.

  • The authorized share capital of Shahlon Silk Industries Limited is ₹ 32.00 Cr and paid-up capital is ₹ 17.86 Cr.

  • Currently 8 directors are associated with Shahlon Silk Industries Limited.

    • Dhirajlal Raichand Shah
    • Arvind Raichand Shah
    • Nitin Raichand Shah
    • Richa Manoj Goyal
    • Rajendra Kundanlal Desai
    • Vaibhav Jayantbhai Mehta
    • Satish Hargovinddas Shah
    • Hiteshkumar Kantila Garmora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shahlon Silk Industries Limited is Plot No. 5 C.S. Nondh 451/A R.S. 33/1 Paiki Nr. Narendra Dyeing Mill B/H. Old Sub-Jail Khatodata Ring Road, Surat- India, Surat City, Gujarat, 395002.

  • The corporate identification number (CIN) of Shahlon Silk Industries Limited is L17120GJ2008PLC053464 and the company number is 053464 as per Ministry of Corporate Affairs (MCA).

  • Yes, Shahlon Silk Industries Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Shahlon Silk Industries Limited is https://www.shahlon.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shahlon Silk Industries Limited has risen by 45.85%.

  • As Per 2022 financial reports, 688 employees are currently employed by Shahlon Silk Industries Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shahlon Silk Industries Limited has experienced an upsurge of 3.31%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Shahlon Silk Industries Limited amount to ₹ 236.39 Cr.

  • The most recent Balance Sheet for Shahlon Silk Industries Limited was filed with the ROC on 31 Mar 2024.

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