Cheap Silk Store Private Limited
About Cheap Silk Store Private Limited
Data last updated:
Cheap Silk Store Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 12 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51494PB2009PTC032919. Its GSTIN is 03AADCC6734F2ZZ (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Inder Paul Arora and Vijay Kumar Arora.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Arora Arcade Mall Road, Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2024, the company reported a revenue of ₹5 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹83.22 Lakh and EBITDA of -₹80.76 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 58% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
Court records list 5 cases involving the company, including 2 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Cheap Silk Store Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressArora Arcade Mall Road, Ludhiana, Punjab, India – 141001
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Cheap Silk Store Private Limited, buy the company report.
- 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
Business activity
The main business activity of Cheap Silk Store is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Cheap Silk Store Private Limited, buy the company report.
Financials of Cheap Silk Store Private Limited
FY 2025 filings availableCheap Silk Store Private Limited reported revenue of ₹5 Lakh (down 98% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 58% over five years, including a 98% fall in the latest year. EBITDA fell 809% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹80.76 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹83.22 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Cheap Silk Store Private Limited, buy the company report.
Board of directors of Cheap Silk Store Private Limited
Cheap Silk Store has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Inder Paul Arora | Director | 12 Jun 2009 | 17 Years 4 Months | Current |
| Vijay Kumar Arora | Director | 12 Jun 2009 | 17 Years 4 Months | Current |
Peer comparison
Cheap Silk Store Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rolion Traden Private Limited | ₹5.01 Lakh (FY 2023) | 55.0% | Chennai, Tamil Nadu, India | |||
| Shilpkar Weaves Private Limited | ₹5 Lakh (FY 2025) | 34.0% | Mumbai, Maharashtra, India | |||
| Cheap Silk Store Private Limitedthis company | ₹5 Lakh (FY 2024) | -₹83.22 Lakh | -98.0% | 1 | Ludhiana, Punjab, India | |
| Swaraj Overseas Limited | ₹5 Lakh (FY 2024) | -92.0% | New Delhi, Delhi, India |
To see the full peer comparison of Cheap Silk Store Private Limited, buy the company report.
Auditor
Cheap Silk Store Private Limited is audited by K K KAPOOR & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K K KAPOOR & ASSOCIATES | FY 2018 | 001013N |
Shareholding
The shareholding of Cheap Silk Store Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Cheap Silk Store Private Limited, buy the company report.
Legal cases
Cheap Silk Store Private Limited has 5 court cases on record: 2 filed by Cheap Silk Store, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, PUNJAB | Revision petition | Filed against the company by M/S Komal Metal Works (P) Ltd and 1 other | Disposed |
| High Court, PUNJAB | Revision petition | Filed by the company against M/S Cheap Silk Store (P) Ltd. and 1 other | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against M/S Komal Metal Pvt Ltd | Disposed |
| High Court, PUNJAB | Court case (CAPP) | Filed against the company by M/S Komal Metal P Ltd | Disposed |
| High Court, PUNJAB | Company petition | Filed against the company by M/S Komal Metal (P) Ltd. | Disposed |
To see the full case history of Cheap Silk Store Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cheap Silk Store Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cheap Silk Store Private Limited has a workforce of 1 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
Cheap Silk Store has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCC6734F2ZZ | Punjab | Active | 25 Aug 2017 |
To see the full GST registrations and return filing status of Cheap Silk Store Private Limited, buy the company report.
Recent activity
Cheap Silk Store Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Narinder Lal Arora ceased to be Director on 23 Aug 2024.
Frequently asked questions
Cheap Silk Store is an active private limited company based in Ludhiana, Punjab, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 12 June 2009 (17+ years old) and is registered under CIN U51494PB2009PTC032919.
Cheap Silk Store has 2 current directors:
- Inder Paul Arora - Director
- Vijay Kumar Arora - Director
The latest financial statements of Cheap Silk Store on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Cheap Silk Store is 03AADCC6734F2ZZ, registered in Punjab. 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 Cheap Silk Store is U51494PB2009PTC032919. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cheap Silk Store has 5 court cases on record: 2 filed by the company and 4 filed against it. Most are in the high courts.
Cheap Silk Store was incorporated on 12 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Cheap Silk Store by revenue are Rolion Traden Private Limited, Shilpkar Weaves Private Limited, Swaraj Overseas Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Narinder Lal Arora ceased to be Director on 23 Aug 2024. Gaurav Arora ceased to be Additional Director on 30 Sep 2017. Sahil Arora ceased to be Additional Director on 30 Sep 2017. Cheap Silk Store has 5 board changes on record in total.
The registered office of Cheap Silk Store is at Arora Arcade Mall Road, Ludhiana, Punjab, India – 141001.
Cheap Silk Store operates in the home and lifestyle industry, in the textile retail and distribution segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
