Garden Silk Mills

Surat, India Founded: 1920 • Age: 106 yrs Acquired By MCPI
Polyester chips, yarns, and finished fabrics are manufactured.
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About Garden Silk Mills

Garden Silk Mills is a company based in Surat (India) founded in 1920 by Praful A Shah was acquired by MCPI in September 2020.. The company has 3,545 employees as of April 07, 2024. Garden Silk Mills offers products and services including Polyester Chips and Polyester Yarn.

  • Headquarter Surat, India
  • Employees 3545 as on 07 Apr, 2024
  • Founders Praful A Shah
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Garden Silk Mills Private Limited
  • Date of Incorporation 23 Jul, 1979
  • Jurisdiction Kolkata, West Bengal, India
Operational Areas
Industrial Goods & Manufacturing → Textile & Apparel Manufacturing
Key Metrics
  • Annual Revenue
    $447.6 M (USD)
    27.07
    as on Mar 31, 2018
  • Net Profit
    $-12.04 M (USD)
    17.88
    as on Mar 31, 2018
  • EBITDA
    $24.01 M (USD)
    10.26
    as on Mar 31, 2018
  • Latest Funding Round
  • Investors
  • Employee Count
    3545

    as on Apr 07, 2024

  • Acquired by
    MCPI

    (Sep 18, 2020)

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Products & Services of Garden Silk Mills

Garden Silk Mills offers a comprehensive portfolio of products and services, including Polyester Chips and Polyester Yarn. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Polyester chips are manufactured as a base material for textile production, supporting the creation of yarns and fabrics.

Polyester yarn is produced for use in weaving and knitting processes, contributing to the development of finished textile products.

Funding Insights of Garden Silk Mills

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Garden Silk Mills

Garden Silk Mills has secured backing from 1 investor. Prominent investors backing the company include MCPI. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Purified terephthalic acid is manufactured and supplied by MCPI.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Garden Silk Mills

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Garden Silk Mills

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Garden Silk Mills Comparisons

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Competitors of Garden Silk Mills

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Garden Silk Mills

Frequently Asked Questions about Garden Silk Mills

When was Garden Silk Mills founded?

Garden Silk Mills was founded in 1920.

Where is Garden Silk Mills located?

Garden Silk Mills is headquartered in Surat, India. It is registered at Surat, Gujarat, India.

Who is the current CEO of Garden Silk Mills?

Praful A Shah is the current CEO of Garden Silk Mills. They have also founded this company.

How many employees does Garden Silk Mills have?

As of Apr 07, 2024, the latest employee count at Garden Silk Mills is 3,545.

What is the annual revenue of Garden Silk Mills?

Annual revenue of Garden Silk Mills is $447.6M as on Mar 31, 2018.

What does Garden Silk Mills do?

Manufacturer of polyester chips, yarns, and finished fabrics. Its product line includes the garden vareli printed summer roganza saree, digital print crepe silk sarees, anarkali dresses, anarkali suits, bandhani dresses, bollywood sarees, brasso sarees, bridal dresses, bridal salwar kameez, casual sarees, chanderi dress materials, chiffon sarees, churidar suits, among others.

What products or services does Garden Silk Mills offer?

Garden Silk Mills offers Polyester Chips and Polyester Yarn.

Who are Garden Silk Mills's investors?

Garden Silk Mills has 1 investor. Key investors include MCPI.

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