The Madras Silks India Private Limited

Retailer of textiles and jewelry with four showrooms in Tamil Nadu.

2006 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 24, 2024

The Madras Silks India Profile

Key Indicators

  • Authorised Capital ₹ 41.00 Cr
  • Paid Up Capital ₹ 40.52 Cr
  • Company Age 18 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 627.00 Cr
  • Satisfied Charges ₹ 114.00 Cr
  • Revenue Growth 5.00%
  • Profit Growth 38.95%
  • Ebitda -19.01%
  • Net Worth 2.85%
  • Total Assets -0.68%

About The Madras Silks India

The Madras Silks India Private Limited (TMSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 July 2006 and has a history of 18 years and six months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Consumer Goods 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 41.00 Cr and a paid-up capital of Rs 40.52 Cr.

The company currently has active open charges totaling ₹627.00 Cr. The company has closed loans amounting to ₹114.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kulandaivel Manickam, Manickam Palaniammal, Palaniamml Manickam, and One other member serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17112TZ2006PTC012951

  • Company No.

    012951

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jul 2006

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Consumer Goods
Home & Lifestyle

Who are the key members and board of directors at The Madras Silks India?

Executive Team (1)

Name Designation Appointment Date Status
Kulandaivel Manickam Country flag representing In Managing Director 24-Jul-2006 Current

Board Members (3)

Name Designation Appointment Date Status
Manickam Palaniammal Country flag representing In Director 24-Jul-2006 Current
Palaniamml Manickam Country flag representing In Director 19-Jan-2012 Current
Premasree Shabariegambaram Country flag representing In Director 01-Apr-2013 Current

Financial Performance of The Madras Silks India.

The Madras Silks India Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 5% increase. The company also saw a substantial improvement in profitability, with a 38.95% increase in profit. The company's net worth moved up by a moderate rise of 2.85%.

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
5.00%
Revenue from Operations
5.01%
Total Assets
-0.68%
Profit or Loss
38.95%
Net Worth
2.85%
EBITDA
-19.01%

What is the Ownership and Shareholding Structure of The Madras Silks India?

In 2023, The Madras Silks India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹627.00 Cr

Satisfied Charges

₹114.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 627.00 Cr

Latest Charge Details

Date Lender Amount Status
01 Dec 2022 Hdfc Bank Limited ₹25.00 Cr Open
25 Nov 2013 Hdfc Bank Limited ₹602.00 Cr Open
25 Nov 2013 Hdfc Bank Limited ₹20.00 Cr Satisfied
04 Jul 2013 Hdfc Bank Limited ₹10.00 Cr Satisfied
11 May 2013 Hdfc Bank Limited ₹24.00 Cr Satisfied

How Many Employees Work at The Madras Silks India?

The Madras Silks India has a workforce of 2060 employees as of Apr 08, 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 The Madras Silks India, 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 The Madras Silks India'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 The Madras Silks India

Recent activity within the organization

  • Annual General Meeting

    The Madras Silks India Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Balance Sheet

    The Madras Silks India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 602.00 Cr registered on 25 Nov 2013 with Charge ID 10466215 was modified on 09 May 2023.

    09 May 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100662381 was registered on 01 Dec 2022.

    01 Dec 2022

  • Charges

    A charge registered on 25 Nov 2013 via Charge ID 10466559 with Hdfc Bank Limited was fully satisfied on 14 Sep 2022.

    14 Sep 2022

  • Charges

    A charge registered on 04 Jul 2013 via Charge ID 10441540 with Hdfc Bank Limited was fully satisfied on 14 Sep 2022.

    14 Sep 2022

Frequently asked questions

  • The Madras Silks India Private Limited was incorporated on 24 Jul 2006.

  • The authorized share capital of The Madras Silks India Private Limited is ₹ 41.00 Cr and paid-up capital is ₹ 40.52 Cr.

  • Currently 4 directors are associated with The Madras Silks India Private Limited.

    • Kulandaivel Manickam
    • Manickam Palaniammal
    • Palaniamml Shabariegambaram Manickam
    • Premasree Shabariegambaram
  • As per Ministry of Corporate Affairs (Mca), the registered address of The Madras Silks India Private Limited is No 68 A College Road India, Tirupur, Tamil Nadu, 641602.

  • The corporate identification number (CIN) of The Madras Silks India Private Limited is U17112TZ2006PTC012951 and the company number is 012951 as per Ministry of Corporate Affairs (MCA).

  • The Official website of The Madras Silks India Private Limited is https://www.thechennaisilks.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for The Madras Silks India Private Limited has risen by 5.00%.

  • As Per 2022 financial reports, 2060 employees are currently employed by The Madras Silks India Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of The Madras Silks India Private Limited has experienced an upsurge of 2.85%.

  • As per the financial statements for fiscal Year 2022, The total open charges for The Madras Silks India Private Limited amount to ₹ 627.00 Cr.

  • The most recent Balance Sheet for The Madras Silks India Private Limited was filed with the ROC on 31 Mar 2024.

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