Sumangal Silk Mills Pvt Ltd

Textile manufacturer offering a variety of fabrics for suiting, shirting, and dress materials.

1982 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Sumangal Silk Mills Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.82 Cr
  • Company Age 42 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.67 Cr
  • Satisfied Charges ₹ 68.97 Cr
  • Revenue Growth 10.71%
  • Profit Growth 3.54%
  • Ebitda 16.95%
  • Net Worth 5.30%
  • Total Assets -11.05%

About Sumangal Silk Mills

Sumangal Silk Mills Pvt Ltd (SSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 August 1982 and has a history of 42 years and five months. Its registered office is in Mumbai, Maharashtra, 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 3.00 Cr and a paid-up capital of Rs 2.82 Cr.

The company currently has active open charges totaling ₹19.67 Cr. The company has closed loans amounting to ₹68.97 Cr, as per Ministry of Corporate Affairs (MCA) records.

Arun Goenka, Aman Goenka, and Amit Goenka 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

    U17100MH1982PTC028020

  • Company No.

    028020

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Aug 1982

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

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

Board Members (3)

Name Designation Appointment Date Status
Amit Goenka Country flag representing In Director 01-Dec-2003 Current
Arun Goenka Country flag representing In Director 02-May-1990 Current
Aman Goenka Country flag representing In Director 01-Dec-2003 Current

Financial Performance of Sumangal Silk Mills.

Sumangal Silk Mills Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 10.71% increase. The company also saw a slight improvement in profitability, with a 3.54% increase in profit. The company's net worth moved up by a moderate rise of 5.3%.

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
10.71%
Revenue from Operations
10.76%
Total Assets
-11.05%
Profit or Loss
3.54%
Net Worth
5.30%
EBITDA
16.95%

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

In 2023, Sumangal Silk Mills had a promoter holding of 51.30% and a public holding of 48.70%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.67 Cr

Satisfied Charges

₹68.97 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 19.67 Cr

Latest Charge Details

Date Lender Amount Status
26 Apr 2022 Axis Bank Limited ₹19.67 Cr Open
23 Jul 2020 Others ₹3.30 Cr Satisfied
21 Oct 2016 Others ₹18.61 Cr Satisfied
30 Mar 2011 Tamilnad Mercantile Bank Limited ₹2.00 Cr Satisfied
30 Oct 2010 Tamilnad Mercantile Bank Limited ₹1.50 Cr Satisfied

How Many Employees Work at Sumangal Silk Mills?

Sumangal Silk Mills has a workforce of 25 employees as of Mar 27, 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 Sumangal 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 Sumangal 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 Sumangal Silk Mills

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 19.67 Cr registered on 26 Apr 2022 with Charge ID 100580273 was modified on 29 Apr 2024.

    29 Apr 2024

  • Annual General Meeting

    Sumangal Silk Mills Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Sumangal Silk Mills Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 23 Jul 2020 via Charge ID 100399953 with Others was fully satisfied on 23 Aug 2022.

    23 Aug 2022

  • Charges

    A charge registered on 21 Oct 2016 via Charge ID 100060100 with Others was fully satisfied on 23 Aug 2022.

    23 Aug 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 19.67 Cr with Charge ID 100580273 was registered on 26 Apr 2022.

    26 Apr 2022

Frequently asked questions

  • Sumangal Silk Mills Pvt Ltd was incorporated on 13 Aug 1982.

  • The authorized share capital of Sumangal Silk Mills Pvt Ltd is ₹ 3.00 Cr and paid-up capital is ₹ 2.82 Cr.

  • Currently 3 directors are associated with Sumangal Silk Mills Pvt Ltd.

    • Arun Banwarilal Goenka
    • Aman Banwarilal Goenka
    • Amit Banwarilal Goenka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sumangal Silk Mills Pvt Ltd is 201/3A, Mittal Estate Andheri (West) India, Mumbai, Maharashtra, 400059.

  • The corporate identification number (CIN) of Sumangal Silk Mills Pvt Ltd is U17100MH1982PTC028020 and the company number is 028020 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sumangal Silk Mills Pvt Ltd is https://www.sumangal.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sumangal Silk Mills Pvt Ltd has risen by 10.71%.

  • As Per 2023 financial reports, 25 employees are currently employed by Sumangal Silk Mills Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sumangal Silk Mills Pvt Ltd has experienced an upsurge of 5.30%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sumangal Silk Mills Pvt Ltd amount to ₹ 19.67 Cr.

  • The most recent Balance Sheet for Sumangal Silk Mills Pvt Ltd was filed with the ROC on 31 Mar 2023.

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