Silver Mine Silk Processors Private Limited

Manufactures and trades spun silk yarn and waste silk products since 1995.

1995 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Silver Mine Silk Processors Profile

Key Indicators

  • Authorised Capital ₹ 1.20 Cr
  • Paid Up Capital ₹ 1.20 Cr
  • Company Age 29 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.00 Cr
  • Satisfied Charges ₹ 3.79 Cr
  • Revenue Growth 57.20%
  • Profit Growth 57.46%
  • Ebitda 56.85%
  • Net Worth 10.16%
  • Total Assets 28.72%

About Silver Mine Silk Processors

Silver Mine Silk Processors Private Limited (SMSPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 July 1995 and has a history of 29 years and six months. Its registered office is in Coimbatore, Tamil Nadu, 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 1.20 Cr and a paid-up capital of Rs 1.20 Cr.

The company currently has active open charges totaling ₹7.00 Cr. The company has closed loans amounting to ₹3.79 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramshankar Jayachandraraja and Padmanabhan Uvarani serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U17112TZ1995PTC006338

  • Company No.

    006338

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jul 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Silver Mine Silk Processors?

Board Members (2)

Name Designation Appointment Date Status
Ramshankar Jayachandraraja Country flag representing In Director 13-Dec-2016 Current
Padmanabhan Uvarani Director 07-Nov-2024 Current

Financial Performance of Silver Mine Silk Processors.

Silver Mine Silk Processors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 57.2% increase. The company also saw a substantial improvement in profitability, with a 57.46% increase in profit. The company's net worth Soared by an impressive increase of 10.16%.

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
57.20%
Revenue from Operations
57.26%
Total Assets
28.72%
Profit or Loss
57.46%
Net Worth
10.16%
EBITDA
56.85%

What is the Ownership and Shareholding Structure of Silver Mine Silk Processors?

In 2023, Silver Mine Silk Processors 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

₹7.00 Cr

Satisfied Charges

₹3.79 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 7.00 Cr

Latest Charge Details

Date Lender Amount Status
26 Nov 2021 State Bank Of India ₹7.00 Cr Open
29 Nov 2019 Others ₹2.29 Cr Satisfied
07 Mar 2011 Hdfc Bank Limited ₹1.45 Cr Satisfied
26 Nov 1996 Canara Bank ₹0.50 M Satisfied

How Many Employees Work at Silver Mine Silk Processors?

Silver Mine Silk Processors has a workforce of 12 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 Silver Mine Silk Processors, 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 Silver Mine Silk Processors'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 Silver Mine Silk Processors

Recent activity within the organization

  • Director Appointment

    Padmanabhan Uvarani was appointed as a Director was appointed as a Director on 07 Nov 2024 & has been associated with this company since 3 months 1 day .

    07 Nov 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with State Bank Of India of Rs. 7.00 Cr registered on 26 Nov 2021 with Charge ID 100508258 was modified on 19 May 2023.

    19 May 2023

  • Balance Sheet

    Silver Mine Silk Processors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge registered on 07 Mar 2011 via Charge ID 10275131 with Hdfc Bank Limited was fully satisfied on 15 Mar 2022.

    15 Mar 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 7.00 Cr with Charge ID 100508258 was registered on 26 Nov 2021.

    26 Nov 2021

Frequently asked questions

  • Silver Mine Silk Processors Private Limited was incorporated on 11 Jul 1995.

  • The authorized share capital of Silver Mine Silk Processors Private Limited is ₹ 1.20 Cr and paid-up capital is ₹ 1.20 Cr.

  • Currently 2 directors are associated with Silver Mine Silk Processors Private Limited.

    • Ramshankar Jayachandraraja
    • Padmanabhan Uvarani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Silver Mine Silk Processors Private Limited is No 491/ W6 9/6 Check Post Amaravathy Road, Manupatti India, Udumalpet, Tamil Nadu, 642112.

  • The corporate identification number (CIN) of Silver Mine Silk Processors Private Limited is U17112TZ1995PTC006338 and the company number is 006338 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Silver Mine Silk Processors Private Limited is https://www.silverminesilk.business.site

  • According to the financial reports for the fiscal year 2023, the revenue trend for Silver Mine Silk Processors Private Limited has risen by 57.20%.

  • As Per 2023 financial reports, 12 employees are currently employed by Silver Mine Silk Processors Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Silver Mine Silk Processors Private Limited has experienced an upsurge of 10.16%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Silver Mine Silk Processors Private Limited amount to ₹ 7.00 Cr.

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

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