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
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Garden Silk Mills Private Limited
- Date of Incorporation 23 Jul, 1979
- Jurisdiction Kolkata, West Bengal, India
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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.
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 |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| 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.
| Investor | Description | Founded Year | Domain | Location |
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Purified terephthalic acid is manufactured and supplied by MCPI.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Garden Silk Mills
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Garden Silk Mills
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Garden Silk Mills Comparisons
Competitors of Garden Silk Mills
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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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.