About Garden Silk Mills Private Limited
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Garden Silk Mills Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Mcpi Private Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 23 July 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U17111WB1979PTC259452. Its GSTIN is 19AAACG8932C1ZO (West Bengal). The company holds 12 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹400 Cr and a paid-up capital of ₹318 Cr. It was formerly known as Garden Silk Mills Limited and Vareli Weaves Private Limited. It is led by directors Debi Prasad Patra and Sanjay Darolia.
Its last annual general meeting (AGM) was held on 29 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,608.13 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net loss of ₹125.56 Cr (net margin -3.5%) and EBITDA of ₹162.16 Cr (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.
The company has about 3,545 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: GSMPL and Garden Silk Mills. As per MCA filings, the company has open charges of ₹1,777.08 Cr and satisfied charges of ₹7,504.01 Cr on record. Court records list 591 cases involving the company, including 321 filed by the company and 270 filed against it; 80 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gardenvareli.com.
Company details
Name history
Garden Silk Mills has undergone 2 name changes throughout its history. The company was previously known as Garden Silk Mills Limited, and Vareli Weaves Private Limited. The current legal name is Garden Silk Mills Private Limited.
| Company Name | Status |
|---|---|
| Garden Silk Mills Private Limited | Current |
| Garden Silk Mills Limited | Previous |
| Vareli Weaves Private Limited | Previous |
CIN history
Garden Silk Mills has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17111WB1979PTC259452, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17111WB1979PTC259452 | Current |
| U17111GJ1979PTC003463 | Previous |
| L17111GJ1979PLC003463 | Previous |
Contact details
Garden Silk Mills Private Limited's registered office is in Kolkata, West Bengal. Its website is gardenvareli.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBengal Eco Intelligent Park Tower – 1 Block – Em Plot No – 3 Salt Lake City Sector – V 3rd, Floor, Kolkata, West Bengal, India – 700091
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Garden Silk Mills 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
Brands
Garden Silk Mills operates two associated brands: GSMPL and Garden Silk Mills. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality nutritional supplements and skin and hair care products. | gsmpl.in | |
| Polyester chips, yarns, and finished fabrics are manufactured. | gardenvareli.com |
Business activity
The main business activity of Garden Silk Mills is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Garden Silk Mills Private Limited, buy the company report.
Financials of Garden Silk Mills Private Limited
FY 2025 filings availableGarden Silk Mills Private Limited reported revenue of ₹3,608.13 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over three years, including 27% growth in the latest year. EBITDA rose 798% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3,608.13 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹162.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹125.56 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | -3.5% | ||||
| 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 Garden Silk Mills Private Limited, buy the company report.
Board of directors of Garden Silk Mills Private Limited
Garden Silk Mills has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Debi Prasad Patra Also directs: Indianoil Mcpi Yarn Private Limited, Garden Silk Fashions Private Limited, Mcpi Advanced Textiles Private Limited and 5 more | Director | 13 Feb 2021 | 5 Years 8 Months | Current |
| Sanjay Darolia | Director | 13 Feb 2021 | 5 Years 8 Months | Current |
Peer comparison
Garden Silk Mills Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indo Count Industries Limited | ₹4,190.9 Cr (FY 2025) | 16.0% | Kolhapur, Maharashtra, India | |||
| Gokaldas Exports Limited | ₹3,928.77 Cr (FY 2025) | 63.0% | Mumbai, Maharashtra, India | |||
| Sintex Industries Limited | ₹3,893.42 Cr (FY 2025) | 1.0% | Kalol, Gujarat, India | |||
| Alok Industries Limited | ₹3,819.85 Cr (FY 2025) | -31.0% | Silvassa, Dadra and Nagar Haveli, India | |||
| Garden Silk Mills Private Limitedthis company | ₹3,608.13 Cr (FY 2025) | -₹125.56 Cr | -3.5% | 27.0% | 3,545 | Kolkata, West Bengal, India |
| Nahar Spinning Mills Ltd | ₹3,318.91 Cr (FY 2025) | 8.0% | Ludhiana, Punjab, India | |||
| Nitin Spinners Limited | ₹3,309.25 Cr (FY 2025) | 14.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Garden Silk Mills Private Limited, buy the company report.
Auditor
Garden Silk Mills Private Limited is audited by Singhi & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhi & Co. | FY 2023 | 302049E |
Shareholding
The shareholding of Garden Silk Mills Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Garden Silk Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 May 2026 | 101298973 | Others | ₹150 Cr | Open | |
| 17 Jan 2024 | 100856947 | Others | ₹110 Cr | Open | |
| 31 Mar 2023 | 100721594 | Others | ₹708.7 Cr | Open | |
| 29 Mar 2021 | 100433102 | Others | ₹808.38 Cr | Open | |
| 19 Jan 2018 | 100153860 | Others | ₹2,881.06 Cr | Satisfied |
To see the full charge records of Garden Silk Mills Private Limited, buy the company report.
Total charge records: 94 View all charges
Legal cases
Garden Silk Mills Private Limited has 591 court cases on record: 321 filed by Garden Silk Mills, 270 filed against it. 80 cases are pending and 511 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 321 | 137 | 39 |
| High courts | 244 | 114 | 35 |
| Supreme Court | 21 | 16 | 3 |
| NCLT | 4 | 2 | 2 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 591)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (CR RA) | Filed against the company by Superfine Syntex Ltd | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against an individual | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Sub Registrar Palsana Surat | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against an individual | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against an individual | Pending |
To see the full case history of Garden Silk Mills 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.
Credit ratings & regulatory alerts
Garden Silk Mills Private Limited was last rated by Icra on 17 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 17 Feb 2022 |
To see the full credit ratings and regulatory alerts of Garden Silk Mills Private Limited, buy the company report.
MSME payment delays
Garden Silk Mills Private Limited has 14 MSME Form 1 returns on record between 2019 and 2023, listing 893 overdue payments to 150 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 150)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shrirang Sales Corporation | |||
| an individual supplier | |||
| an individual supplier | |||
| H M Electrical | |||
| Vignesh Air Product |
To see the full MSME payment records of Garden Silk Mills Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Garden Silk Mills Private Limited has a workforce of 3,545 employees on its EPFO records as of Apr 07, 2024, across 3 active EPFO establishments.
GST
Garden Silk Mills has 12 GST registrations: 7 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACG8932C1ZO | West Bengal | Active | 02 Mar 2023 |
| 09AAACG8932C1ZP | Uttar Pradesh | Active | 01 Jul 2017 |
| 23AAACG8932C1ZZ | Madhya Pradesh | Active | 01 Jul 2017 |
| 27AAACG8932C1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Garden Silk Mills Private Limited, buy the company report.
Recent activity
Garden Silk Mills Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Rajeev Kumar ceased to be Company Secretary on 25 Sep 2025.
221 earlier events are in the company report.
Frequently asked questions
Garden Silk Mills is an active private limited company based in Kolkata, West Bengal, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 23 July 1979 (47+ years old) and is registered under CIN U17111WB1979PTC259452.
Garden Silk Mills has 2 current directors:
- Debi Prasad Patra - Director
- Sanjay Darolia - Director
The latest financial statements of Garden Silk Mills on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 November 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Garden Silk Mills is 19AAACG8932C1ZO, registered in West Bengal. The company has 12 GST registrations in all, of which 7 are active and 5 are cancelled or inactive. Other active GSTINs include 09AAACG8932C1ZP (Uttar Pradesh), 23AAACG8932C1ZZ (Madhya Pradesh), 27AAACG8932C1ZR (Maharashtra).
The CIN (Corporate Identification Number) of Garden Silk Mills is U17111WB1979PTC259452. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garden Silk Mills has 591 court cases on record: 321 filed by the company and 270 filed against it. 80 are pending. Most are in the district courts.
Garden Silk Mills was incorporated on 23 July 1979, making it 47+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Garden Silk Mills by revenue are Indo Count Industries Limited, Gokaldas Exports Limited, Sintex Industries Limited, Alok Industries Limited, Nahar Spinning Mills Ltd and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Rajeev Kumar ceased to be Company Secretary on 25 Sep 2025. Neela Madhab Patnaik ceased to be Director on 04 Mar 2025. Debi Prasad Patra was appointed as Director on 13 Feb 2021. Garden Silk Mills has 4 board changes on record in total.
Garden Silk Mills has 14 MSME Form 1 returns on record between 2019 and 2023, listing 893 overdue payments to 150 micro and small suppliers. The latest return was filed on 27 Oct 2023.
Garden Silk Mills can be reached through the website gardenvareli.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Garden Silk Mills is at Bengal Eco Intelligent Park Tower – 1 Block – Em Plot No – 3 Salt Lake City Sector – V 3rd, Floor, Kolkata, West Bengal, India – 700091.