Siyaram Silk Mills Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 9.07 Cr
- Company Age 46 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 594.40 Cr
- Satisfied Charges ₹ 1,502.60 Cr
- Revenue Growth 71.73%
- Profit Growth 3879.71%
- Ebitda 509.04%
- Net Worth 21.11%
- Total Assets 24.55%
About Siyaram Silk Mills
Siyaram Silk Mills Limited (SSML) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 June 1978 and has a history of 46 years and nine months. Its registered office is in Thane, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 503811 and on the National Stock Exchange(NSE) under SIYSIL.
The Corporate was formerly known as Siyaram Silk Mills Pvt Limited. 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 12.00 Cr and a paid-up capital of Rs 9.07 Cr.
The company currently has active open charges totaling ₹594.40 Cr. The company has closed loans amounting to ₹1,502.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Siyaram Silk Mills Limited India are William Fernandes as COMPANY SECRETARY and Surendra Shetty as Cfo. Ramesh Poddar, Pawan Poddar, Shrikishan Poddar, and Seven other members serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Manufacturing
What products or services does Siyaram Silk Mills Limited offer?
Siyaram Silk Mills Limited offers a wide range of products and services, including Ladies Suits & Dress Material, Ladies Suit Material, Home Decor Fabric, Home Decor & Furnishing Fabrics, Party, Wedding, Western, Formal Wear, Formal Wear, Men Shirts, Jeans & Clothing, Men Shirts, Apparel & Clothing Fabric, Shirting Fabrics.
Who are the key members and board of directors at Siyaram Silk Mills?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramesh Poddar  | Managing Director | 24-Jan-1989 | Current |
| Pawan Poddar | Managing Director | 24-Jan-1989 | Current |
| William Fernandes | Company Secretary | 10-Jun-2008 | Current |
| Surendra Shetty | CFO | 30-Jul-2014 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sachindra Chaturvedi | Director | 01-Aug-2019 | Current |
| Mangala Prabhu | Director | 25-Mar-2019 | Current |
| Shrikishan Poddar | Whole-Time Director | 27-Oct-1989 | Current |
| Ashok Jalan | Whole-Time Director | 30-Jan-2007 | Current |
| Gaurav Poddar | Whole-Time Director | 01-Aug-2012 | Current |
| Chetan Thakkar | Director | 01-Aug-2019 | Current |
Financial Performance of Siyaram Silk Mills.
Siyaram Silk Mills Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 71.73% increase. The company also saw a substantial improvement in profitability, with a 3879.71% increase in profit. The company's net worth Soared by an impressive increase of 21.11%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Siyaram Silk Mills?
In 2023, Siyaram Silk Mills had a promoter holding of 67.18% and a public holding of 32.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Agriwise Finserv LimitedMangala Prabhu is a mutual person
Charges (Loans)
Open Charges
₹594.40 Cr
Satisfied Charges
₹1,502.60 Cr
Charges Breakdown by Lending Institutions
- Others : 335.00 Cr
- Corporation Bank : 259.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Mar 2022 | Others | ₹40.00 Cr | Open |
| 17 Sep 2013 | Others | ₹295.00 Cr | Open |
| 05 Dec 2003 | Corporation Bank | ₹259.40 Cr | Open |
| 30 Apr 2019 | Others | ₹135.90 Cr | Satisfied |
| 19 Mar 2019 | Others | ₹135.58 Cr | Satisfied |
How Many Employees Work at Siyaram Silk Mills?
Siyaram Silk Mills has a workforce of 780 employees as of Mar 28, 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 Siyaram 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 Siyaram 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 Siyaram Silk Mills
Recent activity within the organization
- Annual General Meeting
Siyaram Silk Mills Limited last Annual general meeting of members was held on 27 Jul 2024 as per latest MCA records.
- Balance Sheet
Siyaram Silk Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 30 Apr 2019 via Charge ID 100262656 with Others was fully satisfied on 16 Jan 2024.
- Charges
A charge with Others of Rs. 295.00 Cr registered on 17 Sep 2013 with Charge ID 10453480 was modified on 17 Dec 2022.
- Charges
A charge with Others of Rs. 40.00 Cr registered on 09 Mar 2022 with Charge ID 100544082 was modified on 06 Oct 2022.
- Charges
A charge registered on 19 Mar 2019 via Charge ID 100253437 with Others was fully satisfied on 28 Mar 2022.
Recent News, Updates & Announcement
Siyaram Silk Mills Q3 FY24 Results Live: Profit Falls by 14.32% YoY | Mint.Siyaram Silk Mills Q3 FY24 Results Live: Revenue Increased by 0.24% YoY & Profit Decreased by 14.32% YoY.
Frequently asked questions
What is the Incorporation or founding date of Siyaram Silk Mills Limited?
Siyaram Silk Mills Limited was incorporated on 29 Jun 1978.
What is authorized share capital and paid-up capital of Siyaram Silk Mills Limited?
The authorized share capital of Siyaram Silk Mills Limited is ₹ 12.00 Cr and paid-up capital is ₹ 9.07 Cr.
Who are the current board members & directors of Siyaram Silk Mills Limited?
Currently 12 directors are associated with Siyaram Silk Mills Limited.
- Ramesh Kumar Poddar
- Pawan Kumar Poddar
- Shrikishan Poddar
- Ashok Kumar Jalan
- Sachindra Nath Chaturvedi
- Gaurav Poddar
- Chetan Shashikant Thakkar
- Ashok Naraharrao Desai
- Mangala Radhakrishna Prabhu
- Deepak Rameshchandra Shah
- William Vincent Fernandes
- Surendra S Shetty
What is the registered address of Siyaram Silk Mills Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Siyaram Silk Mills Limited is H-3/2Mide A Rd Tarapur Boisar India, Thane, Maharashtra, 401506.
What is the corporate identification number (CIN) and company number of Siyaram Silk Mills Limited?
The corporate identification number (CIN) of Siyaram Silk Mills Limited is L17116MH1978PLC020451 and the company number is 020451 as per Ministry of Corporate Affairs (MCA).
Is Siyaram Silk Mills Limited registered with any stock exchange in India?
Yes, Siyaram Silk Mills Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SIYSIL.
What is the official website of Siyaram Silk Mills Limited?
The Official website of Siyaram Silk Mills Limited is https://www.siyaram.com
What has been the recent revenue trend for Siyaram Silk Mills Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Siyaram Silk Mills Limited has risen by 71.73%.
How many employees does Siyaram Silk Mills Limited currently have?
As Per 2022 financial reports, 780 employees are currently employed by Siyaram Silk Mills Limited.
What change has been observed in the net worth of Siyaram Silk Mills Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Siyaram Silk Mills Limited has experienced an upsurge of 21.11%.
What are the total open charges for Siyaram Silk Mills Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Siyaram Silk Mills Limited amount to ₹ 594.40 Cr.
When was the last Balance Sheet of Siyaram Silk Mills Limited filed with the ROC?
The most recent Balance Sheet for Siyaram Silk Mills Limited was filed with the ROC on 31 Mar 2024.
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