Silver Spark Apparel Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 8.96 Cr
- Company Age 24 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 298.94 Cr
- Satisfied Charges ₹ 103.40 Cr
- Revenue Growth 53.74%
- Profit Growth 1395.95%
- Ebitda 305.83%
- Net Worth 12.69%
- Total Assets 3.69%
About Silver Spark Apparel
Silver Spark Apparel Limited (SSAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 July 2000 and has a history of 24 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Fashion And Textile 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 50.00 Cr and a paid-up capital of Rs 8.96 Cr.
The company currently has active open charges totaling ₹298.94 Cr. The company has closed loans amounting to ₹103.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
Krishnan Narayan, Vishal Bist, Rashmi Mundada, and Two other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72900MH2000PLC127831
- Company No.
127831
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Jul 2000
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Silver Spark Apparel?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manish Bharati  | Director | 02-Mar-2023 | Current |
| Krishnan Narayan | Director | 08-Feb-2021 | Current |
| Vishal Bist | Director | 03-May-2021 | Current |
| Rashmi Mundada | Director | 16-Mar-2018 | Current |
| Amit Srivastava | Director | 02-Mar-2023 | Current |
Financial Performance of Silver Spark Apparel.
Silver Spark Apparel Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 53.74% increase. The company also saw a substantial improvement in profitability, with a 1395.95% increase in profit. The company's net worth Soared by an impressive increase of 12.69%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Silver Spark Apparel?
In 2023, Silver Spark Apparel had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Retail Hub Solutions LimitedRashmi Mundada is a mutual person
Jk Files & Engineering LimitedRashmi Mundada is a mutual person
Ring Plus Aqua LimitedRashmi Mundada is a mutual person
J.K.Helene Curtis LimitedKrishnan Narayan is a mutual person
Raymond Realty LimitedKrishnan Narayan is a mutual person
- Celebrations Apparel Limited
Vishal Bist is a mutual person
Charges (Loans)
₹298.94 Cr
₹103.40 Cr
Charges Breakdown by Lending Institutions
- Others : 175.00 Cr
- Hdfc Bank Limited : 73.94 Cr
- Yes Bank Limited : 50.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2024 | Others | ₹100.00 Cr | Open |
| 04 Jul 2023 | Yes Bank Limited | ₹50.00 Cr | Open |
| 15 Dec 2021 | Others | ₹75.00 Cr | Open |
| 31 Mar 2021 | Hdfc Bank Limited | ₹8.46 Cr | Open |
| 31 Dec 2004 | Hdfc Bank Limited | ₹65.48 Cr | Open |
How Many Employees Work at Silver Spark Apparel?
Silver Spark Apparel has a workforce of 3768 employees as of Mar 30, 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 Silver Spark Apparel, 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 Spark Apparel'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.
