Silk Creations Private Limited

Textile trading company specializing in silk, cotton, and other fabrics, as well as clothing, accessories, and home decor.

2000 | Varanasi, Uttar Pradesh (India) | Active
Last Updated: July 17, 2024

Silk Creations Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.74 M
  • Company Age 24 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.23 Cr
  • Satisfied Charges ₹ 23.45 Cr
  • Revenue Growth -77.94%
  • Profit Growth -95.57%
  • Ebitda -363.79%
  • Net Worth -14.78%
  • Total Assets -4.78%

About Silk Creations

Silk Creations Private Limited (SCPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 March 2000 and has a history of 24 years and ten months. Its registered office is in Varanasi, Uttar Pradesh, India.

The Company is engaged in the Home & Lifestyle 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 M and a paid-up capital of Rs 4.74 M.

The company currently has active open charges totaling ₹1.23 Cr. The company has closed loans amounting to ₹23.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

Yogita Agrawal, Naveen Agrawal, Praveen Agrawal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Varanasi, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17122UP2000PTC025251

  • Company No.

    025251

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Mar 2000

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Home & Lifestyle

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

Board Members (5)

Name Designation Appointment Date Status
Praveen Agrawal Country flag representing In Director 29-Mar-2000 Current
Yogita Agrawal Country flag representing In Director 21-May-2001 Current
Naveen Agrawal Country flag representing In Director 21-May-2001 Current
Sushila Agrawal Country flag representing In Director 29-Mar-2000 Current
Monika Agrawal Country flag representing In Director 21-May-2001 Current

Financial Performance of Silk Creations.

Silk Creations Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 77.94% decrease. The company also saw a substantial fall in profitability, with a 95.57% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.78%.

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
-77.94%
Revenue from Operations
-77.88%
Total Assets
-4.78%
Profit or Loss
-95.57%
Net Worth
-14.78%
EBITDA
-363.79%

What is the Ownership and Shareholding Structure of Silk Creations?

In 2023, Silk Creations 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

₹12.30 M

Satisfied Charges

₹234.49 M

Charges Breakdown by Lending Institutions

  • Others : 1.23 Cr

Latest Charge Details

Date Lender Amount Status
12 May 2022 Others ₹0.70 M Open
18 Jun 2020 Others ₹1.40 M Open
28 Apr 2020 Others ₹0.70 M Open
26 May 2004 Others ₹9.50 M Open
19 Dec 2005 Bank Of Baroda ₹4.60 Cr Satisfied

How Many Employees Work at Silk Creations?

Silk Creations has a workforce of 8 employees as of Mar 31, 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 Silk Creations, 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 Silk Creations'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 Silk Creations

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Silk Creations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.70 M with Charge ID 100576335 was registered on 12 May 2022.

    12 May 2022

  • Charges

    A charge with Others of Rs. 9.50 M registered on 26 May 2004 with Charge ID 80030712 was modified on 22 Nov 2021.

    22 Nov 2021

  • Charges

    A charge with Others amounted to Rs. 1.40 M with Charge ID 100414989 was registered on 18 Jun 2020.

    18 Jun 2020

  • Charges

    A charge with Others amounted to Rs. 0.70 M with Charge ID 100335777 was registered on 28 Apr 2020.

    28 Apr 2020

Frequently asked questions

  • Silk Creations Private Limited was incorporated on 29 Mar 2000.

  • The authorized share capital of Silk Creations Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.74 M.

  • Currently 5 directors are associated with Silk Creations Private Limited.

    • Yogita Agrawal
    • Naveen Kumar Agrawal
    • Praveen Kumar Agrawal
    • Sushila Agrawal
    • Monika Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Silk Creations Private Limited is K-38/2Golghar Varanasi India, Uttar Pradesh, 221001.

  • The corporate identification number (CIN) of Silk Creations Private Limited is U17122UP2000PTC025251 and the company number is 025251 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Silk Creations Private Limited has fallen by -77.94%.

  • As Per 2023 financial reports, 8 employees are currently employed by Silk Creations Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Silk Creations Private Limited has experienced an downturn of -14.78%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Silk Creations Private Limited amount to ₹ 1.23 Cr.

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