Synthetic And Art Silk Mills Association Limited

Produces and sells silk and man-made fabrics and yarn.

1939 | Mumbai, Maharashtra (India) | Active
Last Updated: January 01, 2025

Synthetic And Art Silk Mills Association Profile

Key Indicators

  • Paid Up Capital ₹ 51.80 K
  • Company Age 85 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -64.11%
  • Profit Growth -322.99%
  • Ebitda -6.64%
  • Net Worth -15.65%
  • Total Assets -6.89%

About Synthetic And Art Silk Mills Association

Synthetic And Art Silk Mills Association Limited (SAASMAL) was founded in India on 10 July 1939 and has a glorious history of 85 years and seven months.Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Silk & Art Silk Mills' Association Ltd. 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 0.00 and a paid-up capital of Rs 51.80 K , as per Ministry of Corporate Affairs (MCA) records.

Bharat Parekh, Mihir Mehta, Rohit Patel, and Eight 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

    U17100MH1939NPL002965

  • Company No.

    002965

  • Company Classification

    Public Not For Profit Company

  • Incorporation Date

    10 Jul 1939

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Synthetic And Art Silk Mills Association?

Board Members (11)

NameDesignationAppointment DateStatus
Mihir Mehta Country flag representing In Director 03-Mar-1979Current
Kapil Shorewala Country flag representing In Director 30-Sep-2015Current
Bharat Parekh Country flag representing In Director 23-Sep-1999Current
Rohit Patel Country flag representing In Director 29-Sep-2006Current
Dinesh Zaveri Country flag representing In Director 30-Sep-2015Current
Viresh Kamdar Country flag representing In Director 30-Sep-2015Current

Financial Performance of Synthetic And Art Silk Mills Association.

Synthetic And Art Silk Mills Association Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 64.11% decrease. The company also saw a substantial fall in profitability, with a 322.99% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.65%.

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
-64.11%
Revenue from Operations
Total Assets
-6.89%
Profit or Loss
-322.99%
Net Worth
-15.65%
EBITDA
-6.64%

What is the Ownership and Shareholding Structure of Synthetic And Art Silk Mills Association?

Unlock access to Synthetic And Art Silk Mills Association's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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 Synthetic And Art Silk Mills Association?

Synthetic And Art Silk Mills Association has a workforce of 1 employees as of Apr 01, 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 Synthetic And Art Silk Mills Association, 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 Synthetic And Art Silk Mills Association'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 Synthetic And Art Silk Mills Association

Recent activity within the organization

  • Annual General Meeting

    Synthetic And Art Silk Mills Association Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Dinesh Somchand Zaveri was appointed as a Director was appointed as a Director on 30 Sep 2015 & has been associated with this company since 9 years 4 months .

    30 Sep 2015

  • Director Appointment

    Viresh Tansukhlal Kamdar was appointed as a Director was appointed as a Director on 30 Sep 2015 & has been associated with this company since 9 years 4 months .

    30 Sep 2015

  • Director Appointment

    Kapil Ajaykumar Shorewala was appointed as a Director was appointed as a Director on 30 Sep 2015 & has been associated with this company since 9 years 4 months .

    30 Sep 2015

  • Director Appointment

    Darshana Manilal Doshi was appointed as a Director was appointed as a Director on 30 Sep 2015 & has been associated with this company since 9 years 4 months .

    30 Sep 2015

Frequently asked questions

  • Synthetic And Art Silk Mills Association Limited was incorporated on 10 Jul 1939.

  • The authorized share capital of Synthetic And Art Silk Mills Association Limited is ₹ 0.00 and paid-up capital is ₹ 51.80 K .

  • Currently 11 directors are associated with Synthetic And Art Silk Mills Association Limited.

    • Bharat Shamji Parekh
    • Mihir Rameshchandra Mehta
    • Rohit Chhotalal Patel
    • Dinesh Somchand Zaveri
    • Viresh Tansukhlal Kamdar
    • Kapil Ajaykumar Shorewala
    • Darshana Manilal Doshi
    • Shyam Sunder Ramswaroop Khetan
    • Bharat Gandhi Tribhovandas
    • Gokul Mehta Krishnakumar
    • Smita Yeole Ajay
  • As per Ministry of Corporate Affairs (Mca), the registered address of Synthetic And Art Silk Mills Association Limited is Sasmira (3Rd Floor )Sasmira Marg Worli India, Mumbai, Maharashtra, 400025.

  • The corporate identification number (CIN) of Synthetic And Art Silk Mills Association Limited is U17100MH1939NPL002965 and the company number is 002965 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Synthetic And Art Silk Mills Association Limited has fallen by -64.11%.

  • As Per 2022 financial reports, 1 employees are currently employed by Synthetic And Art Silk Mills Association Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Synthetic And Art Silk Mills Association Limited has experienced an downturn of -15.65%.

  • The most recent Balance Sheet for Synthetic And Art Silk Mills Association Limited was filed with the ROC on 31 Mar 2024.

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