Apple Silk Mills Private Limited

Apple Silk Mills Private Limited - fashion and textile in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U17120GJ2010PTC059237 Incorporated 13 January 2010 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company fashion and textile MSME · Small
Data last updated
Revenue · FY 2023
₹34.35 Cr
▲ 21% YoY
Net profit · FY 2023
₹26.02 Lakh
Net margin 0.8%
EBITDA · FY 2023
₹1.07 Cr
EBITDA margin 3.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9.5 Lakh
Issued & subscribed
Open charges
₹7 Cr
Satisfied ₹7.5 Cr
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings

About Apple Silk Mills Private Limited

Data last updated:

Apple Silk Mills Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the traditional and ethnic wear segment of the fashion and textiles sector. It was incorporated on 13 January 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2010PTC059237. Its GSTIN is 24AAICA2461Q1ZE (Gujarat). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.5 Lakh. It is led by directors Rameshkumar Jain and Rohit Rameshkumar Jain.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Y – 1185 – 86 Surat Textile Market Ring Road, Gujarat, India – 395002.

As per the financials filed for FY 2023, the company reported a revenue of ₹34.35 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹26.02 Lakh (net margin 0.8%) and EBITDA of ₹1.07 Cr (EBITDA margin 3.1%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 4% over five years.

The company is associated with 1 brand: Apple Silk Mills. As per MCA filings, the company has open charges of ₹7 Cr and satisfied charges of ₹7.5 Cr on record. Court records list 11 cases involving the company, including 7 filed by the company and 4 filed against it.

Apple Silk Mills Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0055238). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website applesilkmills.in.

Company details

CIN U17120GJ2010PTC059237
Registration Number 059237
Incorporation Date 13 January 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0055238
Key People
Rameshkumar Jain Director Rohit Rameshkumar Jain Director

Recognitions & Rankings of Apple Silk Mills

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-22-0055238

Contact details

Apple Silk Mills Private Limited's registered office is in Surat, Gujarat. Its website is applesilkmills.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    applesilkmills.in
  • Registered Address
    Y – 1185 – 86 Surat Textile Market Ring Road, Gujarat, India – 395002
  • Industry
    Fashion and Textile, Traditional & Ethnic Wear

To see the full contact details of Apple Silk Mills Private Limited, buy the company report.

Comprehensive company report
Apple Silk Mills Private Limited - one report that includes everything
  • 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
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Brands

Apple Silk Mills operates one associated brand: Apple Silk Mills. Each brand links to its own profile.

BrandDescriptionWebsite
Apple Silk Mills
A leading brand specializing in women's sarees.applesilkmills.com

Financials of Apple Silk Mills Private Limited

FY 2024 filings available

Apple Silk Mills Private Limited reported revenue of ₹34.35 Cr (up 21% YoY) for FY 2023.

Revenue · FY 2023
₹34.35 Cr ▲ 21%
Net profit · FY 2023
₹26.02 Lakh margin 0.8%
EBITDA · FY 2023
₹1.07 Cr margin 3.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▼ 8%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 14%
3 years · compounded
▼ 12%
5 years · compounded
▼ 4%

Revenue rose 21% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 14% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹34.35 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.07 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹26.02 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin3.1%
Net Profit Margin0.8%
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

To see the full financial statements and ratios of Apple Silk Mills Private Limited, buy the company report.

Board of directors of Apple Silk Mills Private Limited

Apple Silk Mills has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Rameshkumar JainDirector13 Jan 201016 Years 9 MonthsCurrent
Rohit Rameshkumar JainDirector13 Jan 201016 Years 9 MonthsCurrent
View all directors

Auditor

Apple Silk Mills Private Limited is audited by VSSK & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
VSSK & CO.FY 2023142999W

Shareholding

The shareholding of Apple Silk Mills Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Apple Silk Mills Private Limited, buy the company report.

Charges & borrowings

Open charges
₹7 Cr
Satisfied charges
₹7.5 Cr
Breakdown by lending institutions
Others₹7.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Nov 2021100512713Others₹7 CrOpen
27 May 201010219985Standard Chartered Bank₹7.5 CrSatisfied

To see the full charge records of Apple Silk Mills Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Apple Silk Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Apple Silk Mills has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AAICA2461Q1ZEGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Apple Silk Mills Private Limited, buy the company report.

Recent activity

Apple Silk Mills Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Rameshkumar Jain was appointed as Director on 13 Jan 2010.

Charges
A charge with Others of Rs. 700.00 Lakh registered on 29 Nov 2021 with Charge ID 100512713 was modified on 25 Oct 2024.
AGM
Apple Silk Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Apple Silk Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 27 May 2010 via Charge ID 10219985 with Standard Chartered Bank was fully satisfied on 03 Dec 2021.
Charges
A charge with Others amounted to Rs. 700.00 Lakh with Charge ID 100512713 was registered on 29 Nov 2021.
Charges
A charge with Standard Chartered Bank of Rs. 750.00 Lakh registered on 27 May 2010 with Charge ID 10219985 was modified on 24 May 2013.
Charges
A charge with Standard Chartered Bank amounted to Rs. 750.00 Lakh with Charge ID 10219985 was registered on 27 May 2010.
Appointed
Rameshkumar Jain was appointed as Director.
Appointed
Rohit Rameshkumar Jain was appointed as Director.
Incorporation
13 Jan 2010
Apple Silk Mills Private Limited was registered on 13 Jan 2010 with Roc Ahmedabad & aged 16 years 9 months as per MCA records.

Frequently asked questions

Apple Silk Mills is an active private limited company based in Surat, Gujarat, India. The company works in traditional and ethnic wear, within the fashion and textile industry. It was incorporated on 13 January 2010 (16+ years old) and is registered under CIN U17120GJ2010PTC059237.

Apple Silk Mills has 2 current directors:

The latest financial statements of Apple Silk Mills on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Apple Silk Mills is 24AAICA2461Q1ZE, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Apple Silk Mills is U17120GJ2010PTC059237. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Apple Silk Mills has 11 court cases on record: 7 filed by the company and 4 filed against it. Most are in the district courts.

Apple Silk Mills was incorporated on 13 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Rameshkumar Jain was appointed as Director on 13 Jan 2010. Rohit Rameshkumar Jain was appointed as Director on 13 Jan 2010.

Yes, Apple Silk Mills is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0055238).

Apple Silk Mills can be reached through the website applesilkmills.in. Its registered office is in Surat, Gujarat, India.