Siera Silk Mills Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
as on 04-01-2025
- Paid Up Capital ₹ 2.95 Cr
as on 04-01-2025
- Company Age 27 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.71 Cr
as on 04-01-2025
- Satisfied Charges ₹ 2.45 Cr
as on 04-01-2025
- Revenue 4.99%
(FY 2023)
- Profit 27.32%
(FY 2023)
- Ebitda 2.49%
(FY 2023)
- Net Worth 6.74%
(FY 2023)
- Total Assets -4.16%
(FY 2023)
About Siera Silk Mills
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.
- 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
Company Details
- Location
Kolar, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
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)
₹5.71 Cr
₹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.
