Adinath Silks Private Limited

Silk trading company sourcing from small-scale weavers and selling to wholesalers in Bangalore.

2002 | Bangaluru, Karnataka (India) | Active
Last Updated:

Adinath Silks Profile

Key Indicators

  • Authorised Capital ₹ 6.50 Cr
  • Paid Up Capital ₹ 6.20 Cr
  • Company Age 22 Year, 9 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 53.76 Cr
  • Satisfied Charges ₹ 16.12 Cr
  • Revenue Growth -1.47%
  • Profit Growth -63.73%
  • Ebitda -17.92%
  • Net Worth 3.56%
  • Total Assets 18.20%

About Adinath Silks

Adinath Silks Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 July 2002 and has a history of 22 years and nine months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Adinath Silks Limited. The Company is engaged in the Fashion And Textile Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 6.50 Cr and a paid-up capital of Rs 6.20 Cr.

The company currently has active open charges totaling ₹53.76 Cr. The company has closed loans amounting to ₹16.12 Cr, as per Ministry of Corporate Affairs (MCA) records.

Atul Shah and Girish Shah serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51311KA2002PTC030713

  • Company No.

    030713

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jul 2002

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Fashion and Textile
Home & Lifestyle
Company report

Adinath Silks Private Limited

Explore comprehensive data for Adinath Silks Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Adinath Silks?

Executive Team (1)

NameDesignationAppointment DateStatus
Atul Shah Country flag representing In Managing Director02-Jul-2002Current

Board Members (1)

NameDesignationAppointment DateStatus
Girish Shah Country flag representing In Director 29-Sep-2012Current

Financial Performance of Adinath Silks.

Adinath Silks Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 1.47% decrease. The company also saw a substantial fall in profitability, with a 63.73% decrease in profit. The company's net worth moved up by a moderate rise of 3.56%.

Adinath Silks revenue growth over time
Adinath Silks 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
-1.47%
Revenue from Operations
-1.47%
Total Assets
18.20%
Profit or Loss
-63.73%
Net Worth
3.56%
EBITDA
-17.92%

What is the Ownership and Shareholding Structure of Adinath Silks?

In 2020, Adinath Silks 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

₹53.76 Cr

Satisfied Charges

₹16.12 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 41.80 Cr
  • Others : 11.96 Cr

Latest Charge Details

DateLenderAmountStatus
23 Oct 2018Others₹11.96 CrOpen
28 Sep 2013Axis Bank Limited₹41.80 CrOpen
23 Jan 2004State Bank Of India₹16.12 CrSatisfied

How Many Employees Work at Adinath Silks?

Unlock and access historical data on people associated with Adinath Silks, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Adinath Silks Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Adinath Silks, 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 Adinath Silks'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 Adinath Silks

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 11.96 Cr registered on 23 Oct 2018 with Charge ID 100217654 was modified on 16 Dec 2022.

  • Charges

    A charge with Axis Bank Limited of Rs. 41.80 Cr registered on 28 Sep 2013 with Charge ID 10458044 was modified on 27 Jan 2021.

  • Annual General Meeting

    Adinath Silks Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

  • Balance Sheet

    Adinath Silks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.

  • Charges

    A charge with Others amounted to Rs. 11.96 Cr with Charge ID 100217654 was registered on 23 Oct 2018.

  • Charges

    A charge registered on 23 Jan 2004 via Charge ID 80033895 with State Bank Of India was fully satisfied on 27 Dec 2013.

Frequently asked questions

  • What is the Incorporation or founding date of Adinath Silks Private Limited?

    Adinath Silks Private Limited was incorporated on 01 Jul 2002.

  • What is authorized share capital and paid-up capital of Adinath Silks Private Limited?

    The authorized share capital of Adinath Silks Private Limited is ₹ 6.50 Cr and paid-up capital is ₹ 6.20 Cr.

  • Who are the current board members & directors of Adinath Silks Private Limited?

    Currently 2 directors are associated with Adinath Silks Private Limited.

    • Atul Rasiklal Shah
    • Girish Rasiklal Shah

  • What is the registered address of Adinath Silks Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Adinath Silks Private Limited is No.54 1St Cross Nehru Nagar Out House Floor, India, Bangalore, Karnataka, 560020.

  • What is the corporate identification number (CIN) and company number of Adinath Silks Private Limited?

    The corporate identification number (CIN) of Adinath Silks Private Limited is U51311KA2002PTC030713 and the company number is 030713 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Adinath Silks Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Adinath Silks Private Limited has fallen by -1.47%.

  • What change has been observed in the net worth of Adinath Silks Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Adinath Silks Private Limited has experienced an upsurge of 3.56%.

  • What are the total open charges for Adinath Silks Private Limited?

    As per the financial statements for fiscal Year 2020, The total open charges for Adinath Silks Private Limited amount to ₹ 53.76 Cr.

  • When was the last Balance Sheet of Adinath Silks Private Limited filed with the ROC?

    The most recent Balance Sheet for Adinath Silks Private Limited was filed with the ROC on 31 Mar 2020.

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