Choice Silks Paradise Private Limited
About Choice Silks Paradise Private Limited
Data last updated:
Choice Silks Paradise Private Limited is a private limited company based in Thrissur, Kerala, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 02 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U52321KL2007PTC020154. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors Kunnan Thoman Joy (Managing Director) and Jasi Joy.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Door No. VII/508 Merryland Complex Amballur P. O. Pudukkad, Thrissur, Kerala, India – 680301.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.48 Lakh, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹27.18 Lakh and EBITDA of -₹26.92 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 40% over three years.
As per MCA filings, the company has open charges of ₹20 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Choice Silks Paradise Private Limited's registered office is in Thrissur, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No. VII/508 Merryland Complex Amballur P. O. Pudukkad, Thrissur, Kerala, India – 680301
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Choice Silks Paradise 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 Choice Silks Paradise 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 |
Financials of Choice Silks Paradise Private Limited
FY 2018 filings availableChoice Silks Paradise Private Limited reported revenue of ₹2.48 Lakh (down 79% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over three years, including a 79% fall in the latest year. EBITDA fell 138% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Expenses | ||||
| EBITDA | -₹26.92 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹27.18 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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To see the full financial statements and ratios of Choice Silks Paradise Private Limited, buy the company report.
Board of directors of Choice Silks Paradise Private Limited
Choice Silks Paradise has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jasi Joy | Director | 30 Oct 2010 | 16 Years 0 Months | Current |
| Kunnan Thoman Joy | Managing Director | 02 Jan 2007 | 19 Years 10 Months | Current |
Peer comparison
Choice Silks Paradise Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| PWT Diet Products Private Limited | ₹2.48 Lakh (FY 2017) | -77.0% | Gurgaon, Haryana, India | |||
| Swastik Greenwealth Finance Private Limited | ₹2.48 Lakh (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Ranga Techno Impex Private Limited | ₹2.48 Lakh (FY 2021) | -48.0% | Panruti, Tamil Nadu, India | |||
| Glowell Consumer Products Private Limited | ₹2.48 Lakh (FY 2019) | Bangalore, Karnataka, India | ||||
| Loyal Tails India Private Limited | ₹2.48 Lakh (FY 2025) | -85.0% | Hyderabad, Telangana, India | |||
| Choice Silks Paradise Private Limitedthis company | ₹2.48 Lakh (FY 2018) | -₹27.18 Lakh | -79.0% | Thrissur, Kerala, India | ||
| Amity Lifesciences Private Limited | ₹2.48 Lakh (FY 2023) | -37.0% | Jalgaon, Maharashtra, India | |||
| Krisneh Cafe India Private Limited | ₹2.48 Lakh (FY 2025) | -17.0% | Porbandar, Gujarat, India | |||
| Gunvar India Private Limited | ₹2.47 Lakh (FY 2025) | -46.0% | Jalore, Rajasthan, India | |||
| Magpie Network Private Limited | ₹2.47 Lakh (FY 2017) | Delhi, India | ||||
| Balaji Investment Consultants Private Limited | ₹2.47 Lakh (FY 2016) | -86.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Choice Silks Paradise Private Limited, buy the company report.
Auditor
Choice Silks Paradise Private Limited is audited by BIJU P S for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BIJU P S | FY 2017 | 216140 |
Shareholding
The shareholding of Choice Silks Paradise Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Choice Silks Paradise Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jan 2011 | 10266023 | The Federal Bank Limited | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Choice Silks Paradise Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Choice Silks Paradise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Choice Silks Paradise has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Choice Silks Paradise Private Limited, buy the company report.
Recent activity
Choice Silks Paradise Private Limited has 10 board changes on record since 2007: 2 appointments and 8 cessations. The latest: Liju Simon Chirayath ceased to be Director on 30 Sep 2011.
2 earlier events are in the company report.
Frequently asked questions
Choice Silks Paradise is an active private limited company based in Thrissur, Kerala, India. The company works in wholesale, within the trading industry. It was incorporated on 02 January 2007 (19+ years old) and is registered under CIN U52321KL2007PTC020154.
Choice Silks Paradise has 2 current directors:
- Kunnan Thoman Joy - Managing Director
- Jasi Joy - Director
The latest financial statements of Choice Silks Paradise on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Choice Silks Paradise has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Choice Silks Paradise is U52321KL2007PTC020154. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Choice Silks Paradise was incorporated on 02 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Choice Silks Paradise by revenue are PWT Diet Products Private Limited, Swastik Greenwealth Finance Private Limited, Ranga Techno Impex Private Limited, Glowell Consumer Products Private Limited, Loyal Tails India Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Liju Simon Chirayath ceased to be Director on 30 Sep 2011. Devassy Porai Ouseph ceased to be Director on 30 Oct 2010. Jasi Joy was appointed as Director on 30 Oct 2010. Choice Silks Paradise has 10 board changes on record in total.
The registered office of Choice Silks Paradise is at Door No. VII508 Merryland Complex Amballur P. O. Pudukkad, Thrissur, Kerala, India – 680301.
Choice Silks Paradise operates in the trading industry, in the wholesale segment.
Choice Silks Paradise has open charges of ₹20 Lakh and no satisfied charges on record as per latest MCA filings.
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