Mukhtar Silk Palace Private Limited
About Mukhtar Silk Palace Private Limited
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Mukhtar Silk Palace Private Limited is a private limited company based in Varanasi, Uttar Pradesh, India. It operates in the footwear retail and distribution segment of the consumer goods sector. It was incorporated on 12 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U17122UP2007PTC032837. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹23.7 Lakh. It is led by directors Mukhtar Ahmad and Mohd Nazim.
Its last annual general meeting (AGM) was held on 13 August 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at B.21/198 – 2 – 3 Ashfaq Nagar Kamachha, Varanasi, Uttar Pradesh, India – 221001.
As per the financials filed for FY 2016, the company reported a revenue of ₹6.04 Cr, a decline of 66% compared to the previous year. For the same year it recorded a net profit of ₹1.73 Lakh (net margin 0.3%) and EBITDA of ₹4.06 Lakh (EBITDA margin 0.7%).
As per MCA filings, the company has open charges of ₹76.42 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Mukhtar Silk Palace Private Limited's registered office is in Varanasi, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB.21/198 – 2 – 3 Ashfaq Nagar Kamachha, Varanasi, Uttar Pradesh, India – 221001
- IndustryConsumer Goods, Footwear Retail & Distribution
To see the full contact details of Mukhtar Silk Palace 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 Mukhtar Silk Palace is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mukhtar Silk Palace Private Limited, buy the company report.
Financials of Mukhtar Silk Palace Private Limited
FY 2016 filings availableMukhtar Silk Palace Private Limited reported revenue of ₹6.04 Cr (down 66% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 66% in the latest year. EBITDA fell 78% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹6.04 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹4.06 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.73 Lakh | |
| 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.7% | |
| Net Profit Margin | 0.3% | |
| 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 Mukhtar Silk Palace Private Limited, buy the company report.
Board of directors of Mukhtar Silk Palace Private Limited
Mukhtar Silk Palace has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukhtar Ahmad | Director | 12 Feb 2007 | 19 Years 9 Months | Current |
| Mohd Nazim | Director | 12 Feb 2007 | 19 Years 9 Months | Current |
Auditor
Mukhtar Silk Palace Private Limited is audited by M MUSTAFA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M MUSTAFA & CO | FY 2016 | 004667C |
Shareholding
The shareholding of Mukhtar Silk Palace Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mukhtar Silk Palace Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2014 | 10517423 | Bank of Baroda | ₹4.42 Lakh | Open | |
| 26 Feb 2014 | 10490049 | Bank of Baroda | ₹72 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Mukhtar Silk Palace Private 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 Mukhtar Silk Palace Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mukhtar Silk Palace has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mukhtar Silk Palace Private Limited, buy the company report.
Recent activity
Mukhtar Silk Palace Private Limited has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Iqbal Ahmad ceased to be Director on 30 Dec 2013.
Frequently asked questions
Mukhtar Silk Palace is an active private limited company based in Varanasi, Uttar Pradesh, India. The company works in footwear retail and distribution, within the consumer goods industry. It was incorporated on 12 February 2007 (19+ years old) and is registered under CIN U17122UP2007PTC032837.
Mukhtar Silk Palace has 2 current directors:
- Mukhtar Ahmad - Director
- Mohd Nazim - Director
The latest financial statements of Mukhtar Silk Palace on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 13 August 2016. Year-wise statements from 2015 are in the company report.
No. Mukhtar Silk Palace has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mukhtar Silk Palace is U17122UP2007PTC032837. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mukhtar Silk Palace was incorporated on 12 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Iqbal Ahmad ceased to be Director on 30 Dec 2013. Mohd Ubaid ceased to be Director on 30 Dec 2013. Vakil Ahmad ceased to be Director on 30 Dec 2013. Mukhtar Silk Palace has 6 board changes on record in total.
The registered office of Mukhtar Silk Palace is at B.21198 – 2 – 3 Ashfaq Nagar Kamachha, Varanasi, Uttar Pradesh, India – 221001.
Mukhtar Silk Palace operates in the consumer goods industry, in the footwear retail and distribution segment.
Mukhtar Silk Palace has open charges of ₹76.42 Lakh and no satisfied charges on record as per latest MCA filings.
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