Kareems Spun Silk Limited
About Kareems Spun Silk Limited
Data last updated:
Kareems Spun Silk Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 28 June 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1990PLC011032. Its GSTIN is 29AAACK7424R1ZV (Karnataka).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.47 Cr. It is led by directors including Mohammed Mohsin (Managing Director) and Mohammed Faisal.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Doddajala Postvia Bettahalsoor Bangalore, Karnataka, India – 562157.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.73 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹14.46 Lakh (net margin 98.2%) and EBITDA of ₹14.46 Lakh (EBITDA margin 98.2%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years.
As per MCA filings, the company has open charges of ₹14.75 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Kareems Spun Silk has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U85110KA1990PLC011032, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1990PLC011032 | Current |
| L85110KA1990PLC011032 | Previous |
| L17116KA1990PTC011032 | Previous |
Contact details
Kareems Spun Silk Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoddajala Postvia Bettahalsoor Bangalore, Karnataka, India – 562157
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Kareems Spun Silk 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 Kareems Spun Silk 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 Kareems Spun Silk Limited, buy the company report.
Financials of Kareems Spun Silk Limited
FY 2024 filings availableKareems Spun Silk Limited reported revenue of ₹14.73 Lakh (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 23%. 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 |
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| EBITDA | ₹14.46 Lakh | ||||
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| Net Profit (PAT) | ₹14.46 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98.2% | ||||
| Net Profit Margin | 98.2% | ||||
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To see the full financial statements and ratios of Kareems Spun Silk Limited, buy the company report.
Board of directors of Kareems Spun Silk Limited
Kareems Spun Silk has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammed Faisal Also directs: Kareems Silk International Limited | Director | 29 Jan 2004 | 22 Years 9 Months | Current |
| Mohammed Mohsin Also directs: Kareems Silk International Limited | Managing Director | 02 Sep 1995 | 31 Years 2 Months | Current |
| Mohammed Faraaz Kareem Also directs: Kareems Silk International Limited | Additional Director | 29 Oct 2021 | 5 Years 0 Months | Current |
Auditor
Kareems Spun Silk Limited is audited by S JANARDHAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S JANARDHAN & ASSOCIATES | FY 2023 | 005310S |
Shareholding
The shareholding of Kareems Spun Silk Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kareems Spun Silk Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Nov 1999 | 90192146 | Industrial Reconstruction Bank of India | ₹1.5 Cr | Open | |
| 05 Jul 1994 | 90191268 | The Industrial Credit & Investment Corporation of India Ltd. | ₹1.4 Cr | Open | |
| 05 Jun 1994 | 90191252 | The Industrial Credit & Investment Corporation of India Ltd. | ₹1.4 Cr | Open | |
| 31 Jan 1994 | 90193788 | State Bank of India | ₹4.2 Cr | Open | |
| 25 May 1993 | 90191094 | The Industrial Credit & Investment Corporation of India Ltd. | ₹2.5 Cr | Open |
To see the full charge records of Kareems Spun Silk Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Kareems Spun Silk 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 Kareems Spun Silk Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kareems Spun Silk has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACK7424R1ZV | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kareems Spun Silk Limited, buy the company report.
Recent activity
Kareems Spun Silk Limited has 5 board changes on record since 1995: 3 appointments and 2 cessations. The latest: Mohammed Faraaz Kareem was appointed as Additional Director on 29 Oct 2021.
7 earlier events are in the company report.
Frequently asked questions
Kareems Spun Silk is an active public limited company based in Bangalore, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 28 June 1990 (36+ years old) and is registered under CIN U85110KA1990PLC011032.
Kareems Spun Silk has 3 current directors:
- Mohammed Mohsin - Managing Director
- Mohammed Faisal - Director
- Mohammed Faraaz Kareem - Additional Director
The latest financial statements of Kareems Spun Silk on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kareems Spun Silk is 29AAACK7424R1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Kareems Spun Silk is U85110KA1990PLC011032. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kareems Spun Silk was incorporated on 28 June 1990, making it 36+ years old. It is registered with the Registrar of Companies, Bangalore.
Mohammed Faraaz Kareem was appointed as Additional Director on 29 Oct 2021. Abdul Kareem Abdul Samad ceased to be Director on 07 Sep 2021. Mohammed Wajid ceased to be Director on 10 Jul 2009. Kareems Spun Silk has 5 board changes on record in total.
The registered office of Kareems Spun Silk is at Doddajala Postvia Bettahalsoor Bangalore, Karnataka, India – 562157.
Kareems Spun Silk operates in the financial services industry, in the real estate financing segment.
Kareems Spun Silk has open charges of ₹14.75 Cr and no satisfied charges on record as per latest MCA filings.
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