Sudarshan Silk Palace Bangalore Private Limited

Textile manufacturing and trading company specializing in a variety of fibers and fabrics.

2009 | Bangalore, Karnataka (India) | Active
Last Updated: July 25, 2024

Sudarshan Silk Palace Bangalore Profile

Key Indicators

  • Authorised Capital ₹ 7.70 Cr
  • Paid Up Capital ₹ 7.66 Cr
  • Company Age 15 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -55.97%
  • Profit Growth -96.90%
  • Ebitda -95.05%
  • Net Worth 0.04%
  • Total Assets 0.04%

About Sudarshan Silk Palace Bangalore

Sudarshan Silk Palace Bangalore Private Limited (SSPBPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 August 2009 and has a history of 15 years and six months. Its registered office is in Bangalore, Karnataka, 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 7.70 Cr and a paid-up capital of Rs 7.66 Cr, as per Ministry of Corporate Affairs (MCA) records.

Srinivasamurthy Chandrashekar, Chunchanna Shashidhar, Sanjay Ananth, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sudarshansilk.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17122KA2009PTC050706

  • Company No.

    050706

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Aug 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Home & Lifestyle

What products or services does Sudarshan Silk Palace Bangalore Private Limited offer?

Sudarshan Silk Palace Bangalore Private Limited offers a wide range of products and services, including Silk Sarees, Pure Silk Sarees, Designer Sarees, Fancy Sarees, Designer Silk Saree, Handloom Sarees, Handloom Silk Sarees, Printed Silk Saree.

Who are the key members and board of directors at Sudarshan Silk Palace Bangalore?

Board Members (5)

NameDesignationAppointment DateStatus
Sanjay Ananth Country flag representing In Director 21-Aug-2009Current
Srinivasamurthy Chandrashekar Country flag representing In Director 22-Aug-2009Current
Chunchanna Shashidhar Country flag representing In Director 22-Aug-2009Current
Jaggere Santosh Country flag representing In Director 21-Aug-2009Current
Joggere Ananth Country flag representing In Director 21-Aug-2009Current

Financial Performance of Sudarshan Silk Palace Bangalore.

Sudarshan Silk Palace Bangalore Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 55.97% decrease. The company also saw a substantial fall in profitability, with a 96.9% decrease in profit. The company's net worth moved up by a moderate rise of 0.04%.

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
-55.97%
Revenue from Operations
-55.97%
Total Assets
0.04%
Profit or Loss
-96.90%
Net Worth
0.04%
EBITDA
-95.05%

What is the Ownership and Shareholding Structure of Sudarshan Silk Palace Bangalore?

In 2023, Sudarshan Silk Palace Bangalore had a promoter holding of 13.85% and a public holding of 86.15%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Sudarshan Silk Palace Bangalore?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sudarshan Silk Palace Bangalore, 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 Sudarshan Silk Palace Bangalore'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 Sudarshan Silk Palace Bangalore

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Sudarshan Silk Palace Bangalore Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Srinivasamurthy Chandrashekar was appointed as a Director was appointed as a Director on 22 Aug 2009 & has been associated with this company since 15 years 6 months .

    22 Aug 2009

  • Director Appointment

    Chunchanna Shashidhar was appointed as a Director was appointed as a Director on 22 Aug 2009 & has been associated with this company since 15 years 6 months .

    22 Aug 2009

  • Director Appointment

    Sanjay Jogere Ananth was appointed as a Director was appointed as a Director on 21 Aug 2009 & has been associated with this company since 15 years 6 months .

    21 Aug 2009

  • Director Appointment

    Jaggere Ananth Santosh was appointed as a Director was appointed as a Director on 21 Aug 2009 & has been associated with this company since 15 years 6 months .

    21 Aug 2009

Frequently asked questions

  • Sudarshan Silk Palace Bangalore Private Limited was incorporated on 21 Aug 2009.

  • The authorized share capital of Sudarshan Silk Palace Bangalore Private Limited is ₹ 7.70 Cr and paid-up capital is ₹ 7.66 Cr.

  • Currently 5 directors are associated with Sudarshan Silk Palace Bangalore Private Limited.

    • Srinivasamurthy Chandrashekar
    • Chunchanna Shashidhar
    • Sanjay Jogere Ananth
    • Jaggere Ananth Santosh
    • Joggere Sampangappa Ananth
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sudarshan Silk Palace Bangalore Private Limited is No 231 1St Floor Chickpet, Bangalore, Karnataka, India, 560053.

  • The corporate identification number (CIN) of Sudarshan Silk Palace Bangalore Private Limited is U17122KA2009PTC050706 and the company number is 050706 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sudarshan Silk Palace Bangalore Private Limited is https://www.sudarshansilk.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sudarshan Silk Palace Bangalore Private Limited has fallen by -55.97%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sudarshan Silk Palace Bangalore Private Limited has experienced an upsurge of 0.04%.

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

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