Guruanand Silk Mills Private Limited
About Guruanand Silk Mills Private Limited
Data last updated:
Guruanand Silk Mills Private Limited is a private limited company based in Bhiwandi, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 17 July 1998.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17200MH1998PTC115822. Its GSTIN is 27AAACG7980L1Z2 (Maharashtra).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹70.25 Lakh. It is led by directors including Dharamdas Gurnomal Talreja (Whole-Time Director) and Rakesh Dharamdas Talreja (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 671 Raj Rajeshree Compd, Sonale Village Thane Bhiwandi, Maharashtra, India – 421302.
As per the financials filed for FY 2022, the company reported a revenue of ₹8.76 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹2.06 Cr (net margin -23.5%) and EBITDA of -₹1.46 Cr (EBITDA margin -16.7%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 4% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹26.71 Cr and satisfied charges of ₹20.85 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending.
Company details
Contact details
Guruanand Silk Mills Private Limited's registered office is in Bhiwandi, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address671 Raj Rajeshree Compd, Sonale Village Thane Bhiwandi, Maharashtra, India – 421302
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Guruanand 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
Business activity
The main business activity of Guruanand 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 Guruanand Silk Mills Private Limited, buy the company report.
Financials of Guruanand Silk Mills Private Limited
FY 2022 filings availableGuruanand Silk Mills Private Limited reported revenue of ₹8.76 Cr (down 38% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 38% fall in the latest year. EBITDA fell 121% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹1.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.06 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -16.7% | ||||
| Net Profit Margin | -23.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Guruanand Silk Mills Private Limited, buy the company report.
Board of directors of Guruanand Silk Mills Private Limited
Guruanand Silk Mills has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Chamadia Also directs: Keybridge Partners LLP, KSC Advisory Private Limited | Irp/Rp/Liquidator | 22 Mar 2025 | 1 Years 7 Months | As last reported |
| Dharamdas Gurnomal Talreja | Whole-Time Director | 17 Jul 1998 | 28 Years 3 Months | As last reported |
| Rakesh Dharamdas Talreja | Whole-Time Director | 01 Jan 2000 | 26 Years 10 Months | As last reported |
Peer comparison
Guruanand Silk Mills Private Limited is compared with the 7 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-Dane Textile Industries Private Limited | ₹8.79 Cr (FY 2024) | -49.0% | Haryana, India | |||
| Dholakiya Textile Private Limited | ₹8.78 Cr (FY 2024) | 125.0% | Surat, Gujarat, India | |||
| Kamalaveni Spinning Millss Private Limited | ₹8.78 Cr (FY 2020) | 54.0% | Dindigul, Tamil Nadu, India | |||
| Guruanand Silk Mills Private Limitedthis company | ₹8.76 Cr (FY 2022) | -₹2.06 Cr | -23.5% | -38.0% | 5 | Bhiwandi, Maharashtra, India |
| Sakambari Cordage Co Private Limited | ₹8.76 Cr (FY 2025) | 148.0% | Malipanchghora Ps, West Bengal, India | |||
| Kabir Trendz Private Limited | ₹8.76 Cr (FY 2025) | 32.0% | Surat, Gujarat, India | |||
| Comos Fashions Private Limited | ₹8.76 Cr (FY 2024) | -24.0% | Mumbai, Maharashtra, India | |||
| J J Fabrics Private Limited | ₹8.76 Cr (FY 2017) | -11.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Guruanand Silk Mills Private Limited, buy the company report.
Auditor
Guruanand Silk Mills Private Limited is audited by R T MUNI AND CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R T MUNI AND CO | FY 2021 | 119618W |
Shareholding
The shareholding of Guruanand Silk Mills Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Guruanand Silk Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Aug 2020 | 100370537 | Axis Bank Limited | ₹1.65 Cr | Open | |
| 19 Jun 2020 | 100365939 | Axis Bank Limited | ₹12.9 Cr | Open | |
| 20 Jun 2019 | 100280615 | Axis Bank Limited | ₹5.96 Cr | Open | |
| 02 Dec 2017 | 100151018 | Others | ₹6.2 Cr | Open | |
| 06 Mar 2013 | 10413010 | Bank of Baroda | ₹3.16 Cr | Satisfied |
To see the full charge records of Guruanand Silk Mills Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Guruanand Silk Mills Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Ashv Finance Ltd - Pathik Jhala S/O Hasmukhbhai | Pending |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed against the company by Axis Bank Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Axis Bank Ltd. Th. Daxesh Balsara | Disposed |
| District court, Silvassa, DNH at Silvasa | Court case (SPL. CASE COMPANIES ACT) | Filed against the company by an individual | Pending |
To see the full case history of Guruanand 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Guruanand Silk Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Guruanand Silk Mills Private Limited has a workforce of 5 employees on its EPFO records as of Mar 2021, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2020-21 | 5 |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Guruanand Silk Mills Private Limited, buy the company report.
GST
Guruanand Silk Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG7980L1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Guruanand Silk Mills Private Limited, buy the company report.
Recent activity
Guruanand Silk Mills Private Limited has 6 board changes on record since 1998: 3 appointments and 3 cessations. The latest: Krishna Chamadia was appointed as Irp/Rp/Liquidator on 22 Mar 2025.
19 earlier events are in the company report.
Frequently asked questions
Guruanand Silk Mills is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Guruanand Silk Mills is a company under insolvency, formerly operating as a private limited company based in Bhiwandi, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 17 July 1998 and is registered under CIN U17200MH1998PTC115822. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Guruanand Silk Mills has 3 current directors:
- Dharamdas Gurnomal Talreja - Whole-Time Director
- Rakesh Dharamdas Talreja - Whole-Time Director
- Krishna Chamadia - Irp/Rp/Liquidator
The latest financial statements of Guruanand Silk Mills on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Guruanand Silk Mills is U17200MH1998PTC115822. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Guruanand Silk Mills has open charges of ₹26.71 Cr and satisfied charges of ₹20.85 Cr as per latest MCA filings.
Guruanand Silk Mills has 4 court cases on record: 4 filed against it. 2 are pending.
Guruanand Silk Mills was incorporated on 17 July 1998. It is registered with the Registrar of Companies, Mumbai.
The peers of Guruanand Silk Mills by revenue are Indo-Dane Textile Industries Private Limited, Dholakiya Textile Private Limited, Kamalaveni Spinning Millss Private Limited, Sakambari Cordage Co Private Limited, Kabir Trendz Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Krishna Chamadia was appointed as Irp/Rp/Liquidator on 22 Mar 2025. Vinod Dharamdas Talreja ceased to be Additional Director on 30 Sep 2018. Laxmandas Gurnomal Talreja ceased to be Whole-Time Director on 20 Feb 2018. Guruanand Silk Mills has 6 board changes on record in total.
The registered office of Guruanand Silk Mills is at 671 Raj Rajeshree Compd, Sonale Village Thane Bhiwandi, Maharashtra, India – 421302.
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