About Indie Silk Project Private Limited
Data last updated:
Indie Silk Project Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 02 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51100DL2018PTC333338. Its GSTIN is 07AAECI8617G1ZH (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ishita Das and Niroda Das.
Its last annual general meeting (AGM) was held on 28 August 2024, and its latest financial statements are for the year ended 31 March 2023. The registered office is at K – 2131 First Floor, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.23 Lakh, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹2.73 Lakh (net margin -43.9%) and EBITDA of -₹2.62 Lakh (EBITDA margin -42%).
For more details, the company can be reached via its website thesilkconcept.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressK – 2131 First Floor, New Delhi, Delhi, India – 110019
- IndustryManufacturing, Textile & Fabric Production
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Indie Silk Project Private Limited
The main business activity of Indie Silk Project is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Indie Silk Project Private Limited FY 2023 filings available
Indie Silk Project Private Limited reported revenue of ₹6.23 Lakh (down 14% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Indie Silk Project Private Limited
Revenue fell 14% in the latest year. EBITDA fell 62% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Indie Silk Project Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹2.62 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.73 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Indie Silk Project Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -42% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -43.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Indie Silk Project are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Indie Silk Project Private Limited
Indie Silk Project Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Blackwatermelon Private Limited | ₹6.24 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Csa, Uttar Pradesh, India |
| Olympia Dyehouse (India) Private Limited | ₹6.24 Lakh (FY 2023) | •••• | •••• | -32.0% | •••• | Tirupur, Tamil Nadu, India |
| Vijay Synthetics Private Limited | ₹6.24 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Shivashakt Textiles Pvt Ltd | ₹6.23 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Nordic Kolektive Ventures Private Limited | ₹6.23 Lakh (FY 2022) | •••• | •••• | -80.0% | •••• | Bangalore, Karnataka, India |
| Indie Silk Project Private Limited this company | ₹6.23 Lakh (FY 2023) | •••• | •••• | -14.0% | •••• | New Delhi, Delhi, India |
| Daffodil Knitwear Private Limited | ₹6.2 Lakh (FY 2024) | •••• | •••• | -100.0% | •••• | Tirupur, Tamil Nadu, India |
| Darkbel Textiles Private Limited | ₹6.2 Lakh (FY 2024) | •••• | •••• | 13.0% | •••• | Lucknow, Uttar Pradesh, India |
| Mahacot Fabrics Private Limited | ₹6.19 Lakh (FY 2024) | •••• | •••• | 1.0% | •••• | Shirpur, Maharashtra, India |
| Maakinns Knit Crafts Private Limited | ₹6.18 Lakh (FY 2025) | •••• | •••• | 17.0% | •••• | Palladam, Tamil Nadu, India |
| Techchasmic India Private Limited | ₹6.18 Lakh (FY 2024) | •••• | •••• | -66.0% | •••• | Kandivali-West, Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Indie Silk Project by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Indie Silk Project Private Limited
Indie Silk Project Private Limited is audited by SINGH MOHAN AND CO. for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SINGH MOHAN AND CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Indie Silk Project Private Limited
Indie Silk Project has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ishita Das Also directs: Connecting Ner Private Limited | Director | 02 May 2018 | 8 Years 5 Months | Current |
| Niroda Das | Additional Director | 01 Nov 2018 | 7 Years 11 Months | Current |
Ownership and Shareholding of Indie Silk Project Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Indie Silk Project Private Limited
Indie Silk Project Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Indie Silk Project Private Limited
Employment history and EPFO contributions of people linked to Indie Silk Project.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Indie Silk Project Private Limited
Indie Silk Project Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Mrutyunjay Hiremath ceased to be Director on 28 May 2019.
Credit Ratings, Litigation & Regulatory Alerts for Indie Silk Project Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Indie Silk Project Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Indie Silk Project Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Indie Silk Project Private Limited
Indie Silk Project has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECI8617G1ZH | Delhi | Active | 01 Aug 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Indie Silk Project Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Indie Silk Project Private Limited
Indie Silk Project is an active private limited company based in New Delhi, Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 02 May 2018 (8+ years old) and is registered under CIN U51100DL2018PTC333338.
Indie Silk Project reported revenue of ₹6.23 Lakh for FY 2023 (down 14% YoY).
Indie Silk Project has 2 current directors:
- Ishita Das - Director
- Niroda Das - Additional Director
Indie Silk Project reported a net loss of ₹2.73 Lakh (net margin -43.9%) and EBITDA of -₹2.62 Lakh (EBITDA margin -42%) for FY 2023, as per its filed financial statements.
The GSTIN of Indie Silk Project is 07AAECI8617G1ZH, registered in Delhi.
The CIN (Corporate Identification Number) of Indie Silk Project is U51100DL2018PTC333338. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indie Silk Project was incorporated on 02 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Indie Silk Project by revenue are Blackwatermelon Private Limited, Olympia Dyehouse (India) Private Limited, Vijay Synthetics Private Limited, Shivashakt Textiles Pvt Ltd, Nordic Kolektive Ventures Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Mrutyunjay Hiremath ceased to be Director on 28 May 2019. Niroda Das was appointed as Additional Director on 01 Nov 2018. Ishita Das was appointed as Director on 02 May 2018.
Indie Silk Project can be reached through the website thesilkconcept.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Indie Silk Project is at K – 2131 First Floor, New Delhi, Delhi, India – 110019.