Siera Silk Mills Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 2.95 Cr
- Company Age 28 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.71 Cr
- Satisfied Charges ₹ 2.45 Cr
- Revenue Growth 4.99%
- Profit Growth 27.32%
- Ebitda 2.49%
- Net Worth 6.74%
- Total Assets -4.16%
About Siera Silk Mills
Siera Silk Mills Private Limited (SSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 February 1997 and has a history of 28 years and two months. Its registered office is in Kolar, Karnataka, 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 4.00 Cr and a paid-up capital of Rs 2.95 Cr.
The company currently has active open charges totaling ₹5.71 Cr. The company has closed loans amounting to ₹2.45 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ramaswamy Rajasekhara, Dadasaheb Patil, Vidyashankar Hendi, and One other member serve as directors at the Company.
Company Details
- Location
Kolar, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17116KA1997PTC021854
- Company No.
021854
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Feb 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Manufacturing
Siera Silk Mills Private Limited
Explore comprehensive data for Siera Silk Mills Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Siera Silk Mills?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vidyashankar Hendi  | Managing Director | 09-Feb-2015 | Current |
Anshuman Lath  | Managing Director | 21-Feb-1997 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramaswamy Rajasekhara | Director | 21-Feb-1997 | Current |
| Dadasaheb Patil | Director | 21-Feb-1997 | Current |
Financial Performance of Siera Silk Mills.
Siera Silk Mills Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.99% increase. The company also saw a substantial improvement in profitability, with a 27.32% increase in profit. The company's net worth moved up by a moderate rise of 6.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Siera Silk Mills?
In 2023, Siera Silk Mills had a public holding of 2.55%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹5.71 Cr
Satisfied Charges
₹2.45 Cr
Charges Breakdown by Lending Institutions
- Karnataka Bank Ltd. : 3.33 Cr
- The Karnataka Bank Ltd. : 1.80 Cr
- Others : 0.39 Cr
- The Karnataka Bank Limited : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2020 | Others | ₹3.90 M | Open |
| 29 Jan 2016 | The Karnataka Bank Limited | ₹1.95 M | Open |
| 10 Nov 2006 | Karnataka Bank Ltd. | ₹3.33 Cr | Open |
| 15 Oct 2003 | The Karnataka Bank Ltd. | ₹1.00 Cr | Open |
| 30 Jan 2003 | The Karnataka Bank Ltd. | ₹1.00 M | Open |
How Many Employees Work at Siera Silk Mills?
Siera Silk Mills has a workforce of 4 employees as of Mar 27, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Siera 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 Siera Silk Mills's trajectory.
Rating
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
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 Siera Silk Mills
Recent activity within the organization
- Annual General Meeting
Siera Silk Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Siera Silk Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Karnataka Bank Ltd. of Rs. 3.33 Cr registered on 10 Nov 2006 with Charge ID 10028747 was modified on 07 Mar 2022.
- Charges
A charge with Others amounted to Rs. 0.39 Cr with Charge ID 100375224 was registered on 30 Sep 2020.
- Charges
A charge registered on 12 Apr 2002 via Charge ID 90200696 with The Karnataka Bank Ltd. was fully satisfied on 13 Feb 2017.
- Charges
A charge registered on 08 Jan 2001 via Charge ID 90197889 with The Karnataka Bank Ltd. was fully satisfied on 13 Feb 2017.
Frequently asked questions
What is the Incorporation or founding date of Siera Silk Mills Private Limited?
Siera Silk Mills Private Limited was incorporated on 21 Feb 1997.
What is authorized share capital and paid-up capital of Siera Silk Mills Private Limited?
The authorized share capital of Siera Silk Mills Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 2.95 Cr.
Who are the current board members & directors of Siera Silk Mills Private Limited?
Currently 4 directors are associated with Siera Silk Mills Private Limited.
- Ramaswamy Rajasekhara
- Dadasaheb Mudigouda Patil
- Vidyashankar Basalingappa Hendi
- Anshuman Lath
What is the registered address of Siera Silk Mills Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Siera Silk Mills Private Limited is Plot No.51 Bommasandra Jigani Link Road Industrial Area Maruti Nagar, Ji Gani Hobli India, Anekal Taluk, Karnataka, 562105.
What is the corporate identification number (CIN) and company number of Siera Silk Mills Private Limited?
The corporate identification number (CIN) of Siera Silk Mills Private Limited is U17116KA1997PTC021854 and the company number is 021854 as per Ministry of Corporate Affairs (MCA).
What is the official website of Siera Silk Mills Private Limited?
The Official website of Siera Silk Mills Private Limited is https://www.sierasilkmills.com
What has been the recent revenue trend for Siera Silk Mills Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Siera Silk Mills Private Limited has risen by 4.99%.
How many employees does Siera Silk Mills Private Limited currently have?
As Per 2023 financial reports, 4 employees are currently employed by Siera Silk Mills Private Limited.
What change has been observed in the net worth of Siera Silk Mills Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Siera Silk Mills Private Limited has experienced an upsurge of 6.74%.
What are the total open charges for Siera Silk Mills Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Siera Silk Mills Private Limited amount to ₹ 5.71 Cr.
When was the last Balance Sheet of Siera Silk Mills Private Limited filed with the ROC?
The most recent Balance Sheet for Siera Silk Mills Private Limited was filed with the ROC on 31 Mar 2024.
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