Zenith Silk Mills Private Limited

Textile manufacturing company established in 1981, based in Surat, Gujarat.

1981 | Surat, Gujarat (India) | Active
Last Updated:

Zenith Silk Mills Profile

Key Indicators

  • Authorised Capital ₹ 0.65 M
  • Paid Up Capital ₹ 0.48 M
  • Company Age 43 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.87 Cr
  • Satisfied Charges ₹ 60.05 Cr
  • Revenue Growth -10.95%
  • Profit Growth -19.00%
  • Ebitda 1.71%
  • Net Worth 12.77%
  • Total Assets 9.81%

About Zenith Silk Mills

Zenith Silk Mills Private Limited (ZSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 March 1981 and has a history of 43 years and 11 months. Its registered office is in Surat, Gujarat, 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 0.65 M and a paid-up capital of Rs 0.48 M.

The company currently has active open charges totaling ₹13.87 Cr. The company has closed loans amounting to ₹60.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

Paresh Jariwala and Tanay Jariwala serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ1981PTC004238

  • Company No.

    004238

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 1981

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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

Board Members (2)

NameDesignationAppointment DateStatus
Paresh Jariwala Country flag representing In Director 31-Mar-1981Current
Tanay Jariwala Country flag representing In Director 04-Jul-2022Current

Financial Performance of Zenith Silk Mills.

Zenith Silk Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.95% decrease. The company also saw a substantial fall in profitability, with a 19% decrease in profit. The company's net worth Soared by an impressive increase of 12.77%.

Zenith Silk Mills revenue growth over time
Zenith 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
-10.95%
Revenue from Operations
-11.15%
Total Assets
9.81%
Profit or Loss
-19.00%
Net Worth
12.77%
EBITDA
1.71%

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

In 2023, Zenith Silk Mills had a promoter holding of 16.02% and a public holding of 83.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹138.71 M

Satisfied Charges

₹600.47 M

Charges Breakdown by Lending Institutions

  • Others : 11.77 Cr
  • Gujrat State Financial Corporation : 1.06 Cr
  • Gujarat State Financial Corporation : 0.46 Cr
  • Gujarat Industrial Investment Corporation Ltd. : 0.22 Cr
  • Bank Of Baroda : 0.20 Cr
  • Others : 0.17 Cr

Latest Charge Details

DateLenderAmountStatus
26 Apr 2024Others₹2.53 CrOpen
10 Jul 2023Others₹8.40 MOpen
24 Feb 2023Others₹1.25 CrOpen
28 Jan 2022Others₹2.15 CrOpen
18 Mar 2008Others₹5.00 CrOpen

How Many Employees Work at Zenith Silk Mills?

Zenith Silk Mills has a workforce of 8 employees as of Apr 03, 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.

Employee growth trends for Zenith Silk Mills Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 25.29 M with Charge ID 100918129 was registered on 26 Apr 2024.

  • Annual General Meeting

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

  • Charges

    A charge with Others amounted to Rs. 8.40 M with Charge ID 100746898 was registered on 10 Jul 2023.

  • Balance Sheet

    Zenith Silk Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge with Others amounted to Rs. 12.50 M with Charge ID 100686404 was registered on 24 Feb 2023.

  • Charges

    A charge registered on 21 Apr 2015 via Charge ID 10567212 with The Surat People'S Co-Op Bank Limited was fully satisfied on 22 Sep 2022.

Frequently asked questions

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

    Zenith Silk Mills Private Limited was incorporated on 31 Mar 1981.

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

    The authorized share capital of Zenith Silk Mills Private Limited is ₹ 0.65 M and paid-up capital is ₹ 0.48 M.

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

    Currently 2 directors are associated with Zenith Silk Mills Private Limited.

    • Paresh Vasantlal Jariwala
    • Tanay Pareshkumar Jariwala

  • What is the registered address of Zenith Silk Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Zenith Silk Mills Private Limited is Plot No. 412/1 Paiki Zenith Mills Compound Lal Darwaja Vasta Devdi Road, India, Surat, Gujarat, 395008.

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

    The corporate identification number (CIN) of Zenith Silk Mills Private Limited is U17119GJ1981PTC004238 and the company number is 004238 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Zenith Silk Mills Private Limited has fallen by -10.95%.

  • How many employees does Zenith Silk Mills Private Limited currently have?

    As Per 2023 financial reports, 8 employees are currently employed by Zenith Silk Mills Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Zenith Silk Mills Private Limited has experienced an upsurge of 12.77%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Zenith Silk Mills Private Limited amount to ₹ 13.87 Cr.

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

    The most recent Balance Sheet for Zenith Silk Mills Private Limited was filed with the ROC on 31 Mar 2023.

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