Silktex Limited - manufacturing in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN L85110KA1993PLC014691 Incorporated 30 August 1993 ROC Bangalore HQ Bangalore, Karnataka, India
Active Listed Public Limited Company manufacturing
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹7.6 Cr
Issued & subscribed
Open charges
₹34.6 Cr
Satisfied ₹4.5 Cr
Company age
33 yrs
Est. 1993
Directors on board
3
As per MCA filings
Active GSTINs
1
of 2 registered
Brands
1
Associated brands
Last financials
Mar 2011
Balance sheet date

About Silktex Limited

Data last updated:

Silktex Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 30 August 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L85110KA1993PLC014691. Its GSTIN is 29AABCS7721G2Z8 (Karnataka). The company holds 2 GST registrations, of which 1 is active. It is recorded as listed by MCA, but its shares were delisted from BSE · penal reasons, and no longer trade on a stock exchange.

The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹7.6 Cr. It is led by directors including Sushil Kumar Churiwala (Managing Director) and Sandeep Kumar Churiwala (Whole-Time Director).

Its last annual general meeting (AGM) was held on 23 September 2011, and its latest financial statements are for the year ended 31 March 2011. The registered office is at No.34 II Floor Krishna Reddy Colony Domlur Layout, Bangalore, Karnataka, India – 560071.

The company is associated with 1 brand: Silk Tex Limited. As per MCA filings, the company has open charges of ₹34.6 Cr and satisfied charges of ₹4.5 Cr on record. Court records list 60 cases involving the company, including 10 filed by the company and 50 filed against it; 21 cases are pending. The company has 13 deals on record (13 market trades); the latest was in April 2008.

The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website silktexlimited.com.

Company details

CIN L85110KA1993PLC014691
Registration Number 014691
Incorporation Date 30 August 1993
ROC Bangalore
Listing Status Listed - Delisted from BSE · penal reasons
Company Status Active
Compliance Status Active Non-Compliant

CIN history

Silktex has one previous CIN (Corporate Identification Number): L85110KA1993PTC014691. The current CIN is L85110KA1993PLC014691, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L85110KA1993PLC014691Current
L85110KA1993PTC014691Previous

Contact details

Silktex Limited's registered office is in Bangalore, Karnataka.

  • Registered Address
    No.34 II Floor Krishna Reddy Colony Domlur Layout, Bangalore, Karnataka, India – 560071
  • Industry
    Manufacturing, Textile & Fabric Production
Comprehensive company report
Silktex Limited - one report that includes everything
  • 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
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Brands

Silktex operates one associated brand: Silk Tex Limited. Each brand links to its own profile.

BrandDescriptionWebsite
Fabric exporting and online content management services.silktexlimited.com

Financials of Silktex Limited

FY 2011 filings available

Financial Statement Summary

MetricsFY 2010-11
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2010-11
Profitability
EBITDA Margin
Net Profit Margin
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 Silktex Limited, buy the company report.

Board of directors of Silktex Limited

Silktex has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sandeep Kumar ChuriwalaWhole-Time Director30 Aug 199333 Years 2 MonthsCurrent
Sushil Kumar ChuriwalaManaging Director30 Aug 199333 Years 2 MonthsCurrent
Saket Kumar ChuriwalaWhole-Time Director30 Aug 199333 Years 2 MonthsCurrent

Charges & borrowings

Open charges
₹34.6 Cr
Satisfied charges
₹4.5 Cr
Breakdown by lending institutions
State Bank of India₹34.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Jan 199590196799State Bank of India₹13.55 CrOpen
07 Jan 199590199979State Bank of India₹21.05 CrOpen
26 Jun 200580023336Export Import Bank of India₹4.5 CrSatisfied

To see the full charge records of Silktex Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Silktex Limited has 13 deals on record (13 market trades); the latest was in April 2008.

Total deals
13
Market trades
13

Deals on record (5 of 13)

WhenDealAmountParties
Apr 2008Market trade₹11.1 LakhBuyer: an individual
Seller: an individual
Mar 2008Market trade₹40 LakhBuyer: an individual
Seller: an individual
Mar 2008Market trade₹28.5 LakhBuyer: an individual
Seller: 2 individuals
Jan 2007Market trade₹33.4 LakhSeller: A C Agrawal Sons Share St
Jan 2007Market trade₹28.4 LakhBuyer: A C Agrawal Sons Shares S

To see the full deal history of Silktex Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Silktex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Silktex has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AABCS7721G2Z8KarnatakaActive23 Apr 2018

To see the full GST registrations and return filing status of Silktex Limited, buy the company report.

Recent activity

Silktex Limited has 13 board changes on record since 1993: 8 appointments and 5 cessations. The latest: Nandkishore Rathi ceased to be Director on 30 Mar 2014.

Ceased
Nandkishore Rathi ceased to be Director.
Ceased
Rulichand Goyal ceased to be Director.
Charges
A charge with State Bank Of India of Rs. 21.05 Cr registered on 07 Jan 1995 with Charge ID 90199979 was modified on 21 Sep 2013.
Ceased
Santosh Kumar Modi ceased to be Director.
Ceased
Arun Kumar Churiwal ceased to be Director.
AGM
Silktex Limited last Annual general meeting of members was held on 23 Sep 2011 as per latest MCA records.
Charges
A charge registered on 26 Jun 2005 via Charge ID 80023336 with Export Import Bank Of India was fully satisfied on 28 Jul 2011.
Filing
Silktex Limited has filed its annual Financial statements for the year ended 31 Mar 2011 with Roc Bangalore.
Ceased
Udupi Vivekananda Nayak ceased to be Company Secretary.
Charges
A charge with Export Import Bank Of India of Rs. 4.50 Cr registered on 26 Jun 2005 with Charge ID 80023336 was modified on 31 Jan 2007.
Charges
A charge with State Bank Of India of Rs. 13.55 Cr registered on 07 Jan 1995 with Charge ID 90196799 was modified on 31 Jan 2007.
Appointed
Nandkishore Rathi was appointed as Director.

11 earlier events are in the company report.

Frequently asked questions

Silktex is an active public limited company based in Bangalore, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 30 August 1993 (33+ years old) and is registered under CIN L85110KA1993PLC014691.

Silktex has 3 current directors:

The latest financial statements of Silktex on record with the MCA are for the year ended 31 March 2011. Its last annual general meeting was held on 23 September 2011. Year-wise statements from 2015 are in the company report.

The GSTIN of Silktex is 29AABCS7721G2Z8, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Silktex is L85110KA1993PLC014691. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Silktex is recorded as a listed company by MCA, but its shares were delisted from BSE · penal reasons, and no longer trade on a stock exchange.

Silktex has 60 court cases on record: 10 filed by the company and 50 filed against it. 21 are pending. Most are in the district courts.

Silktex was incorporated on 30 August 1993, making it 33+ years old. It is registered with the Registrar of Companies, Bangalore.

Silktex has 13 deals on record (13 market trades); the latest was in April 2008.

Nandkishore Rathi ceased to be Director on 30 Mar 2014. Rulichand Goyal ceased to be Director on 30 Mar 2014. Santosh Kumar Modi ceased to be Director on 15 Feb 2012. Silktex has 13 board changes on record in total.