Subhash Silk Mills Limited

This company manufactures and trades textiles, including ready-made garments and fabrics, under the brand name 'Vastra Creations'. It also conducts warehousing activities.

1970 | Mumbai, Maharashtra (India) | Active
Last Updated:

Subhash Silk Mills Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.05 Cr
  • Company Age 54 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.85 Cr
  • Satisfied Charges ₹ 8.75 Cr
  • Revenue Growth 10.82%
  • Profit Growth 163.17%
  • Ebitda -5.19%
  • Net Worth 5.31%
  • Total Assets -5.71%

About Subhash Silk Mills

Subhash Silk Mills Limited (SSML) was founded in India on 06 November 1970 and has a glorious history of 54 years and three months.Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530231.

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 5.00 Cr and a paid-up capital of Rs 4.05 Cr.

The company currently has active open charges totaling ₹5.85 Cr. The company has closed loans amounting to ₹8.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Subhash Silk Mills Limited India are Priyanka Mankame as CFO and Paridhi Somani as Company Secretary. Sumeet Mehra, Dhiraj Mehra, Nameeta Mehra, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    subhashsilkmills.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L17106MH1970PLC014868

  • Company No.

    014868

  • Stock Symbol

    BSE : 530231

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Nov 1970

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

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

Executive Team (3)

NameDesignationAppointment DateStatus
Dhiraj Mehra Country flag representing In Managing Director25-Oct-2006Current
Priyanka Mankame Country flag representing In CFO30-Mar-2015Current
Paridhi Somani Country flag representing In Company Secretary30-May-2016Current

Board Members (4)

NameDesignationAppointment DateStatus
Kavisha Shah Country flag representing In Director 14-Aug-2024Current
Sumeet Mehra Country flag representing In Director 01-Aug-1985Current
Nameeta Mehra Country flag representing In Director 04-Aug-2014Current
Jay Naik Country flag representing In Director 14-Aug-2024Current

Financial Performance of Subhash Silk Mills.

Subhash Silk Mills Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 10.82% increase. The company also saw a substantial improvement in profitability, with a 163.17% increase in profit. The company's net worth moved up by a moderate rise of 5.31%.

Subhash Silk Mills revenue growth over time
Subhash Silk Mills 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
10.82%
Revenue from Operations
316.07%
Total Assets
-5.71%
Profit or Loss
163.17%
Net Worth
5.31%
EBITDA
-5.19%

What is the Ownership and Shareholding Structure of Subhash Silk Mills?

In 2022, Subhash Silk Mills had a promoter holding of 71.80% and a public holding of 28.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.85 Cr

Satisfied Charges

₹8.75 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 5.85 Cr

Latest Charge Details

DateLenderAmountStatus
13 Aug 1990Bank Of India₹5.85 CrOpen
13 Aug 1990Bank Of India₹5.85 CrSatisfied
27 Oct 1971Bank Of India₹2.90 CrSatisfied

How Many Employees Work at Subhash Silk Mills?

Unlock and access historical data on people associated with Subhash Silk Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Subhash Silk Mills Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Subhash 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 Subhash Silk Mills'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 Subhash Silk Mills

Recent activity within the organization

  • Annual General Meeting

    Subhash Silk Mills Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Director Appointment

    Jay Narayan Naik was appointed as a Director was appointed as a Director on 14 Aug 2024 & has been associated with this company since 6 months 20 days .

  • Director Appointment

    Kavisha Dinesh Shah was appointed as a Director was appointed as a Director on 14 Aug 2024 & has been associated with this company since 6 months 20 days .

  • Balance Sheet

    Subhash Silk Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Paridhi Somani was appointed as a Company Secretary was appointed as a Company Secretary on 30 May 2016 & has been associated with this company since 8 years 9 months .

  • Director Appointment

    Priyanka Pradip Mankame was appointed as a Cfo was appointed as a Cfo on 30 Mar 2015 & has been associated with this company since 9 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Subhash Silk Mills Limited?

    Subhash Silk Mills Limited was incorporated on 06 Nov 1970.

  • What is authorized share capital and paid-up capital of Subhash Silk Mills Limited?

    The authorized share capital of Subhash Silk Mills Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.05 Cr.

  • Who are the current board members & directors of Subhash Silk Mills Limited?

    Currently 7 directors are associated with Subhash Silk Mills Limited.

    • Sumeet Subhash Mehra
    • Dhiraj Subhash Mehra
    • Nameeta Subhas Mehra
    • Jay Narayan Naik
    • Kavisha Dinesh Shah
    • Priyanka Pradip Mankame
    • Paridhi Somani

  • What is the registered address of Subhash Silk Mills Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Subhash Silk Mills Limited is G-15 Ground Floor Premkutir, 177 Marine Drive India, Mumbai, Maharashtra, 400020.

  • What is the corporate identification number (CIN) and company number of Subhash Silk Mills Limited?

    The corporate identification number (CIN) of Subhash Silk Mills Limited is L17106MH1970PLC014868 and the company number is 014868 as per Ministry of Corporate Affairs (MCA).

  • Is Subhash Silk Mills Limited registered with any stock exchange in India?

    Yes, Subhash Silk Mills Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Subhash Silk Mills Limited?

    The Official website of Subhash Silk Mills Limited is https://www.subhashsilkmills.com

  • What has been the recent revenue trend for Subhash Silk Mills Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Subhash Silk Mills Limited has risen by 10.82%.

  • What change has been observed in the net worth of Subhash Silk Mills Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Subhash Silk Mills Limited has experienced an upsurge of 5.31%.

  • What are the total open charges for Subhash Silk Mills Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Subhash Silk Mills Limited amount to ₹ 5.85 Cr.

  • When was the last Balance Sheet of Subhash Silk Mills Limited filed with the ROC?

    The most recent Balance Sheet for Subhash Silk Mills Limited was filed with the ROC on 31 Mar 2024.

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