Sidvin Seta (Silk) Private Limited
About Sidvin Seta (Silk) Private Limited
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Sidvin Seta (Silk) Private Limited is a private limited company based in Hubli, Karnataka, India, recognised as a startup by DPIIT. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 30 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17299KA2016PTC092751. Its GSTIN is 29AAXCS1341N1ZK (Karnataka).
The company has an authorised share capital of ₹52.5 Lakh and a paid-up capital of ₹52.5 Lakh. It is led by directors Chavadi Andanappa Shashidhar and Suresh Nagaraja Rao Kestur.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Sy.No 93/15A Agadi Post Hubballi Taluk, Hubli, Karnataka, India – 581207.
As per the financials filed for FY 2020, the company reported a revenue of ₹4.59 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹15.13 Lakh (net margin 3.3%) and EBITDA of ₹29.17 Lakh (EBITDA margin 6.4%).
As per MCA filings, the company has open charges of ₹1.55 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
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- Registered AddressSy.No 93/15A Agadi Post Hubballi Taluk, Hubli, Karnataka, India – 581207
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity of Sidvin Seta (Silk) Private Limited
The main business activity of Sidvin Seta (Silk) is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sidvin Seta (Silk) Private Limited FY 2020 filings available
Sidvin Seta (Silk) Private Limited reported revenue of ₹4.59 Cr (up 9% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Sidvin Seta (Silk) Private Limited
Revenue rose 9% in the latest year. EBITDA rose 36% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Sidvin Seta (Silk) Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹4.59 Cr | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹29.17 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹15.13 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 of Sidvin Seta (Silk) Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.4% | •••• | •••• | •••• |
| Net Profit Margin | 3.3% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sidvin Seta (Silk) are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Sidvin Seta (Silk) Private Limited
Sidvin Seta (Silk) Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Miltha Enterprises Private Limited | ₹4.6 Cr (FY 2015) | •••• | •••• | -6.0% | •••• | Bangalore, Karnataka, India |
| Pva Textiles Private Limited | ₹4.6 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | New Delhi, Delhi, India |
| Syslite Garments & Polymers Private Limited | ₹4.6 Cr (FY 2024) | •••• | •••• | 237.0% | •••• | Gautam Budh Nagar, Uttar Pradesh, India |
| GTX Industries Private Limited | ₹4.6 Cr (FY 2025) | •••• | •••• | 513.0% | •••• | Sachin, Gujarat, India |
| Richa Handy Fabs Private Limited | ₹4.6 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | Uttar Pradesh, India |
| Sidvin Seta (Silk) Private Limited this company | ₹4.59 Cr (FY 2020) | •••• | •••• | 9.0% | •••• | Hubli, Karnataka, India |
| Himalay Apparels Private Limited | ₹4.59 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Gurgaon, Haryana, India |
| Sarthak Apparels Private Limited | ₹4.59 Cr (FY 2024) | •••• | •••• | 6309.0% | •••• | New Delhi, Delhi, India |
| Ramraghav Spintex Private Limited | ₹4.59 Cr (FY 2025) | •••• | •••• | 663.0% | •••• | Mumbai, Maharashtra, India |
| Antrans Logistics India Private Limited | ₹4.59 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| Suneja Fashion Fabrics & Lifestyles Private Limited | ₹4.59 Cr (FY 2025) | •••• | •••• | -41.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Sidvin Seta (Silk) by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sidvin Seta (Silk) Private Limited
Sidvin Seta (Silk) Private Limited is audited by MANOHAR B V & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANOHAR B V & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sidvin Seta (Silk) Private Limited
Sidvin Seta (Silk) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chavadi Andanappa Shashidhar Also directs: Panchami Engineers Private Limited | Director | 30 Apr 2016 | 10 Years 5 Months | Current |
| Suresh Nagaraja Rao Kestur | Director | 30 Apr 2016 | 10 Years 5 Months | Current |
Ownership and Shareholding of Sidvin Seta (Silk) Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sidvin Seta (Silk) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Oct 2017 | Others | ₹80 Lakh | Open |
| 22 Jun 2017 | Others | ₹75 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Sidvin Seta (Silk) Private Limited
Sidvin Seta (Silk) Private Limited has a workforce of 0 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Sidvin Seta (Silk) Private Limited
Sidvin Seta (Silk) Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Chavadi Andanappa Shashidhar was appointed as Director on 30 Apr 2016.
Credit Ratings, Litigation & Regulatory Alerts for Sidvin Seta (Silk) Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sidvin Seta (Silk) Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sidvin Seta (Silk) Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sidvin Seta (Silk) Private Limited
Sidvin Seta (Silk) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAXCS1341N1ZK | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sidvin Seta (Silk) Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sidvin Seta (Silk) Private Limited
Sidvin Seta (Silk) is an active private limited company based in Hubli, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 30 April 2016 (10+ years old) and is registered under CIN U17299KA2016PTC092751.
Sidvin Seta (Silk) reported revenue of ₹4.59 Cr for FY 2020 (up 9% YoY).
Sidvin Seta (Silk) has 2 current directors:
- Chavadi Andanappa Shashidhar - Director
- Suresh Nagaraja Rao Kestur - Director
Sidvin Seta (Silk) reported a net profit of ₹15.13 Lakh (net margin 3.3%) and EBITDA of ₹29.17 Lakh (EBITDA margin 6.4%) for FY 2020, as per its filed financial statements.
The GSTIN of Sidvin Seta (Silk) is 29AAXCS1341N1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Sidvin Seta (Silk) is U17299KA2016PTC092751. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sidvin Seta (Silk) was incorporated on 30 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sidvin Seta (Silk) by revenue are Miltha Enterprises Private Limited, Pva Textiles Private Limited, Syslite Garments & Polymers Private Limited, GTX Industries Private Limited, Richa Handy Fabs Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Chavadi Andanappa Shashidhar was appointed as Director on 30 Apr 2016. Suresh Nagaraja Rao Kestur was appointed as Director on 30 Apr 2016.
Yes, Sidvin Seta (Silk) is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Sidvin Seta (Silk) is at Sy.No 9315A Agadi Post Hubballi Taluk, Hubli, Karnataka, India – 581207.