About Venusilkmills
Venusilkmills is an Industrial Goods & Manufacturing company based in Surat (India) founded in 2016. It manufactures and exports a variety of woven fabrics. It operates on a B2B model. Its Indian entity Venu Silk Mills Private Limited reported revenue of ₹19.25 Cr. Its focus areas include Manufacturing, Textiles, Fabric Production and Woven Fabrics. Its competitors include Bewakoof, Styched and Max Fashion; 2 of its 3 listed competitors have raised funding.
Company details
Venusilkmills manufactures and exports a variety of woven fabrics through producing manufactured goods, textiles, fabric production, and woven fabrics. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Surat, India
- SectorsIndustrial Goods & Manufacturing
- Website venusilkmills.com
- Legal Name Venu Silk Mills Private Limited
- Date of Incorporation 28 Sep, 2016
- Jurisdiction Surat, Gujarat, India
- Annual Revenue₹19.25 Cr
FY 2023 · +72% YoY
- Net Profit₹7.1 Lakh
FY 2023 · 0% margin
- EBITDA₹76.7 Lakh
FY 2023 · 4% margin
Associated legal entities of Venusilkmills
Venusilkmills operates through Venu Silk Mills Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Venu Silk Mills Private Limited CIN U17309GJ2016PTC093907 | Active | 28 Sep 2016 | Surat, Gujarat | ₹19.2 Cr | 6 | View details |
Board of directors of Venu Silk Mills Private Limited (Venusilkmills)
Venu Silk Mills Private Limited is the primary company behind Venusilkmills. The board of Venu Silk Mills Private Limited currently have 6 directors; the longest-serving is Anjuben Vallabhbhai Sudani, appointed in 2016. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anjuben Vallabhbhai Sudani DIN 07624460 | Director | 28 Sep 2016 | 10 yrs 1 mo | Venu Silk Mills Private Limited |
| Bhavnaben Ghanshyambhai Sudani DIN 07621412 | Director | 28 Sep 2016 | 10 yrs 1 mo | Venu Silk Mills Private Limited |
| Ghanshyambhai Dhanjibhai Sudani DIN 07621384 | Director | 28 Sep 2016 | 10 yrs 1 mo | Venu Silk Mills Private Limited |
| Sonalben Bhaveshbhai Kanani DIN 07621419 | Director | 28 Sep 2016 | 10 yrs 1 mo | Venu Silk Mills Private Limited |
| Kiranben Manojbhai Kanani DIN 07635795 | Director | 13 Oct 2016 | 10 yrs 1 mo | Venu Silk Mills Private Limited |
| Arshit Ghanshyambhai Sudani DIN 10050027 | Director | 31 Aug 2023 | 3 yrs 2 mo | Venu Silk Mills Private Limited |
Financials of Venusilkmills
Figures of Venu Silk Mills Private Limited, the primary company behind Venusilkmills, for FY 2023. Revenue was ₹19.25 Cr (+72% year on year). Net profit was ₹7.1 Lakh (0% margin). EBITDA was ₹76.7 Lakh (4% margin). Revenue has grown at a compounded annual rate of +24% over three years and +49% over five years.
- ₹19.25 CrRevenue · FY 2023 · +72% YoY
- ₹7.1 LakhNet profit · 0% margin
- ₹76.7 LakhEBITDA · 4% margin
- ₹25 LakhPaid-up capital
- +24%Revenue CAGR, 3 years
- +49%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Venu Silk Mills Private Limited are on its company page.
Detailed financial statements for Venusilkmills
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- Statement rows
- Financial ratios
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Verified entity values are shown only after access is granted.
Competitors of Venusilkmills
Venusilkmills has 3 listed competitors in our database, 2 of them funded. They include Bewakoof, Styched and Max Fashion.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bewakoof.com | 2011 | Mumbai, India | $39.49M | 161 | Multi-category fashion products are sold by an internet-first brand. | |
| styched.in | 2019 | Bengaluru, India | $925,098 | Multi-category fashion for men and women is offered online. | ||
| maxfashion.in | 2006 | Bengaluru, India | 671 | Internet first brand of clothing, footwear, and accessories for women, men, and kids |
Detailed competitors of Venusilkmills
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Textile & Yarn Production
3 companies that operate in the same segment as Venusilkmills (Textile & Yarn Production) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bicycle manufacturing, sales, and accessory services in India. | 1956 | Gurugram, Haryana, India | USD 246.88 M | 2,472 | ||
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | 1947 | Ujjain, Madhya Pradesh, India | USD 18.65 B | 193 | ||
Home textile products are manufactured, retailed, and distributed globally. | 1985 | Bengaluru, Karnataka, India | USD 253.24 M | 8,060 |
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Frequently Asked Questions about Venusilkmills
Venusilkmills was founded in 2016.
Venusilkmills is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
The primary company behind Venusilkmills, Venu Silk Mills Private Limited, reported revenue of ₹19.25 Cr for FY 2023, up 72% year on year.
Venusilkmills manufactures and exports a variety of woven fabrics through producing manufactured goods, textiles, fabric production, and woven fabrics. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Venusilkmills's top competitors include Bewakoof, Styched and Max Fashion.
Venusilkmills operates through Venu Silk Mills Private Limited.
The legal entities of Venusilkmills currently have 6 directors, including Arshit Ghanshyambhai Sudani, Kiranben Manojbhai Kanani, Anjuben Vallabhbhai Sudani and others.