Lakshmi Silk Palace (Karnataka) Private Limited - Company Profile

It is a home & lifestyle private limited company based in Bangalore, Karnataka, India, established in 2011.
2011 Bangalore, Karnataka, India Active
Last Updated:
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About Lakshmi Silk Palace (Karnataka) Private Limited

Lakshmi Silk Palace (Karnataka) Private Limited, a active private limited company, was established on 16 June 2011 in Bangalore, Karnataka, India. Engaging in textile retail & distribution within the trade sector, it holds CIN: U52100KA2011PTC059173. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹1.00 M.

It upholds a compliant status. Employing 6 professional, Its leadership includes Channajammani Siddachar (Director), Kullachari Puttamma Nanjundi Vishwakarma (Director). It holds ₹11.10 Cr open charges and no settled loans. Its latest AGM occurred on 31 December 2020, with the balance sheet filed on 31 March 2020. It is based at 475, Nanjundi Arcade, 2Nd Main, Sampige Road Malleswaram, Bangalore, Karnataka, 560003.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U52100KA2011PTC059173

  • Registration Number

    059173

  • Incorporation Date

    16 June 2011

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹1.00 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 14 Year, 8 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 11.10 Cr
  • Revenue Growth **** -54.57%
  • Profit Growth **** -1213.60%
  • Ebitda **** -39.54%
  • Net Worth -16.88%
  • Total Assets -1.27%
Company report

Lakshmi Silk Palace (Karnataka) Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Lakshmi Silk Palace (Karnataka) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Lakshmi Silk Palace (Karnataka) Private Limited?
Current Directors
Name Designation Appointment Date Status
Channajammani Siddachar Director 16 Jun 2011 Current
Kullachari Puttamma Nanjundi Vishwakarma Director 16 Jun 2011 Current

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Financial Performance of Lakshmi Silk Palace (Karnataka).

Lakshmi Silk Palace (Karnataka) Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 54.57% decrease. The company also saw a substantial fall in profitability, with a 1213.6% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.88%.

Lakshmi Silk Palace (Karnataka) revenue growth over time
Lakshmi Silk Palace (Karnataka) profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -54.57%
*******
*******
*******
*******
Revenue from Operations
*******
 -54.57%
*******
*******
*******
*******
Total Assets
*******
 -1.27%
*******
*******
*******
*******
Profit or Loss
*******
 -1213.60%
*******
*******
*******
*******
Net Worth
*******
 -16.88%
*******
*******
*******
*******
EBITDA
*******
 -39.54%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Lakshmi Silk Palace (Karnataka)?

In 2020, Lakshmi Silk Palace (Karnataka) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹111,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Corporation Bank : 11.10 Cr
Latest Charge Details
Date Lender Amount Status
15 Oct 2013 Corporation Bank ₹6.55 Cr Open
05 Apr 2012 Corporation Bank ₹4.55 Cr Open

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How Many Employees Work at Lakshmi Silk Palace (Karnataka)?

Lakshmi Silk Palace (Karnataka) has a workforce of 6 employees as of Mar 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lakshmi Silk Palace (Karnataka), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Lakshmi Silk Palace (Karnataka)'s trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Lakshmi Silk Palace (Karnataka)
Recent Activity within the Organization
  • Annual General Meeting

    Lakshmi Silk Palace (Karnataka) Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Lakshmi Silk Palace (Karnataka) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore. was documented.

  • Charges

    Progress on A charge with Corporation Bank amounted to Rs. 65.50 M with Charge ID 10456764 was registered on 15 Oct 2013. was documented.

  • Charges

    The activity A charge with Corporation Bank amounted to Rs. 45.50 M with Charge ID 10348873 was registered on 05 Apr 2012. was completed.

  • Director Appointment

    The activity Channajammani Siddachar was appointed as a Director was appointed as a Director on 16 Jun 2011 & has been associated with this company since 14 years 8 months . was completed.

  • Director Appointment

    The activity Kullachari Puttamma Nanjundi Vishwakarma was appointed as a Director was appointed as a Director on 16 Jun 2011 & has been associated with this company since 14 years 8 months . was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Lakshmi Silk Palace (Karnataka) Private Limited?

The CIN of Lakshmi Silk Palace (Karnataka) Private Limited is U52100KA2011PTC059173.

Where is Lakshmi Silk Palace (Karnataka) Private Limited headquartered?

Lakshmi Silk Palace (Karnataka) Private Limited is headquartered at 475, Nanjundi Arcade, 2Nd Main, Sampige Road Malleswaram, Bangalore, Karnataka, 560003.

When was Lakshmi Silk Palace (Karnataka) Private Limited incorporated?

Lakshmi Silk Palace (Karnataka) Private Limited was incorporated on 16 June 2011.

Who are the current directors of Lakshmi Silk Palace (Karnataka) Private Limited?

The current directors of Lakshmi Silk Palace (Karnataka) Private Limited are

What is the primary industry of Lakshmi Silk Palace (Karnataka) Private Limited?

The primary industry of Lakshmi Silk Palace (Karnataka) Private Limited is Trade.

Is Lakshmi Silk Palace (Karnataka) Private Limited a listed company?

Lakshmi Silk Palace (Karnataka) Private Limited is unlisted.

What is the capital structure of Lakshmi Silk Palace (Karnataka) Private Limited?

The authorized capital of Lakshmi Silk Palace (Karnataka) Private Limited is ₹1.00 M, and the paid-up capital is ₹1.00 M.

What is the compliance status of Lakshmi Silk Palace (Karnataka) Private Limited?

The compliance status of Lakshmi Silk Palace (Karnataka) Private Limited is Compliant.

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