Madurai Silver Palace Private Limited - Company Profile

It is a consumer goods private limited company based in Madurai, Tamil Nadu, India, established in 2012.
2012 Madurai, Tamil Nadu, India Active
Last Updated:
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About Madurai Silver Palace Private Limited

Madurai Silver Palace Private Limited, a active private limited company, was established on 26 June 2012 in Madurai, Tamil Nadu, India. Engaging in watches & jewelry manufacturing within the trade sector, it holds CIN: U52393TN2012PTC086510. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹5.55 M.

Formerly known as Madurai Silver Centre Private Limited. It upholds a compliant status. Employing 16 professional, Its leadership includes Janaki Raman Renganayagi (Director), Janakiraman Ayothiraman (Managing Director). Past directors included Jayaraman Satishkumar, Thangasamy Navaneethan, Muthukrishnan Balasubramanian. It holds ₹6.00 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Ayothiram Complex 1St Floor, 9, Meenakshi Kovil Street,, Madurai, Tamil Nadu, 625001.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U52393TN2012PTC086510

  • Registration Number

    086510

  • Incorporation Date

    26 June 2012

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹5.55 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 5.55 M
  • Company Age 13 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.00 Cr
  • Revenue Growth **** 113.30%
  • Profit Growth **** 600.84%
  • Ebitda **** 397.87%
  • Net Worth 74.66%
  • Total Assets **** 23.62%
Company report

Madurai Silver Palace Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Madurai Silver Palace 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 Madurai Silver Palace Private Limited?
Current Directors
Name Designation Appointment Date Status
Janaki Raman Renganayagi Director 15 Feb 2015 Current
Janakiraman Ayothiraman Managing Director 15 Feb 2015 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 25 Nov 2013 Past
Pramod Abcsdd Director 02 May 2015 Past
Pramod Abcsdd Managing Director 02 May 2015 Past
Pramod Abcsdd Director 04 May 2015 Past
Pramod Abcsdd Director 02 May 2015 Past
Pramod Abcsdd Director 02 May 2015 Past

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Financial Performance of Madurai Silver Palace.

Madurai Silver Palace Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 113.3% increase. The company also saw a substantial improvement in profitability, with a 600.84% increase in profit. The company's net worth Soared by an impressive increase of 74.66%.

Madurai Silver Palace revenue growth over time
Madurai Silver Palace 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
********
 113.30%
*******
*******
*******
*******
Revenue from Operations
*******
 113.30%
*******
*******
*******
*******
Total Assets
*******
 23.62%
*******
*******
*******
*******
Profit or Loss
*******
 600.84%
*******
*******
*******
*******
Net Worth
*******
 74.66%
*******
*******
*******
*******
EBITDA
*******
 397.87%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Madurai Silver Palace?

Unlock access to Madurai Silver Palace's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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

₹60,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 6.00 Cr
Latest Charge Details
Date Lender Amount Status
03 May 2023 Axis Bank Limited ₹6.00 Cr Open

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How Many Employees Work at Madurai Silver Palace?

Madurai Silver Palace has a workforce of 16 employees as of Apr 05, 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

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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

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Latest Updates, News, and FAQs on Madurai Silver Palace
Recent Activity within the Organization
  • Charges

    A charge with Axis Bank Limited of Rs. 6.00 Cr registered on 03 May 2023 with Charge ID 100728108 was modified on 30 Sep 2025. was recorded as a recent event.

  • Annual General Meeting

    Progress on Madurai Silver Palace Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Madurai Silver Palace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was completed.

  • Charges

    The activity A charge with Axis Bank Limited amounted to Rs. 6.00 Cr with Charge ID 100728108 was registered on 03 May 2023. was completed.

  • Director Appointment

    Janaki Raman Renganayagi was appointed as a Director was appointed as a Director on 15 Feb 2015 & has been associated with this company since 11 years 2 days . was recorded as a recent event.

  • Director Appointment

    Janakiraman Ayothiraman was appointed as a Managing Director was appointed as a Managing Director on 15 Feb 2015 & has been associated with this company since 11 years 2 days . was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Madurai Silver Palace Private Limited?

The CIN of Madurai Silver Palace Private Limited is U52393TN2012PTC086510.

Where is Madurai Silver Palace Private Limited headquartered?

Madurai Silver Palace Private Limited is headquartered at Ayothiram Complex 1St Floor, 9, Meenakshi Kovil Street,, Madurai, Tamil Nadu, 625001.

When was Madurai Silver Palace Private Limited incorporated?

Madurai Silver Palace Private Limited was incorporated on 26 June 2012.

Who are the current directors of Madurai Silver Palace Private Limited?

The current directors of Madurai Silver Palace Private Limited are

What is the primary industry of Madurai Silver Palace Private Limited?

The primary industry of Madurai Silver Palace Private Limited is Trade.

Is Madurai Silver Palace Private Limited a listed company?

Madurai Silver Palace Private Limited is unlisted.

What is the capital structure of Madurai Silver Palace Private Limited?

The authorized capital of Madurai Silver Palace Private Limited is ₹1.50 Cr, and the paid-up capital is ₹5.55 M.

What is the compliance status of Madurai Silver Palace Private Limited?

The compliance status of Madurai Silver Palace Private Limited is Compliant.

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