About Silk India International Limited
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Silk India International Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 16 October 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17100MH2002PLC137565. Its GSTIN is 27AAACO5534G1ZJ (Maharashtra).
The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹5.4 Cr. It was formerly known as Silk India International Private Limited and Omshree Silk India International Private Limited. It is led by directors including Ravi Deviprasad Jhunjhunwala (Managing Director) and Ramesh Banwarilal Makharia (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 23 24 25 Floor 2nd 381A Narottam Wadi Kalbadevi Road Dhabolkarwadi Kalbadevi, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.19 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹26.43 Lakh (net margin 3.2%) and EBITDA of ₹47.81 Lakh (EBITDA margin 5.8%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 11% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
Court records list 14 cases involving the company, including 9 filed by the company and 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website silk-india.com.
Company details
Name history
Silk India International has undergone 2 name changes throughout its history. The company was previously known as Silk India International Private Limited, and Omshree Silk India International Private Limited. The current legal name is Silk India International Limited.
| Company Name | Status |
|---|---|
| Silk India International Limited | Current |
| Silk India International Private Limited | Previous |
| Omshree Silk India International Private Limited | Previous |
CIN history
Silk India International has one previous CIN (Corporate Identification Number): U17100MH2002PTC137565. The current CIN is U17100MH2002PLC137565, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17100MH2002PLC137565 | Current |
| U17100MH2002PTC137565 | Previous |
Contact details
Silk India International Limited's registered office is in Mumbai, Maharashtra. Its website is silk-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address23 24 25 Floor 2nd 381A Narottam Wadi Kalbadevi Road Dhabolkarwadi Kalbadevi, Mumbai, Maharashtra, India – 400002
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Silk India International 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 Silk India International 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 Silk India International Limited, buy the company report.
Financials of Silk India International Limited
FY 2024 filings availableSilk India International Limited reported revenue of ₹8.19 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA rose 188% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹47.81 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.43 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | ||||
| Net Profit Margin | 3.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
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To see the full financial statements and ratios of Silk India International Limited, buy the company report.
Board of directors of Silk India International Limited
Silk India International has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Deviprasad Jhunjhunwala | Managing Director | 16 Oct 2002 | 24 Years 0 Months | Current |
| Aakash Ravi Jhunjhunwala Also directs: Silkindia Creators LLP, Ethnic India Globalretail Private Limited, Saint Treasuries Private Limited and 2 more | Director | 30 Dec 2021 | 4 Years 10 Months | Current |
| Ramesh Banwarilal Makharia | Whole-Time Director | 16 Oct 2002 | 24 Years 0 Months | Current |
Peer comparison
Silk India International Limited is compared with the 6 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Askaran Hiralal Textiles Private Limited | ₹8.23 Cr (FY 2025) | -14.0% | Tezpur, Assam, India | |||
| Bapu Da Paradise Private Limited | ₹8.2 Cr (FY 2018) | 85.0% | New Delhi, Delhi, India | |||
| Shree Marudhar Keshri Sarees Private Limited | ₹8.2 Cr (FY 2024) | -33.0% | Kolkata, West Bengal, India | |||
| Silk India International Limitedthis company | ₹8.19 Cr (FY 2025) | ₹26.43 Lakh | 3.2% | 11.0% | 23 | Mumbai, Maharashtra, India |
| H P Doshi Clothing Private Limited | ₹8.15 Cr (FY 2024) | -14.0% | Pandharpur, Maharashtra, India | |||
| Bhavijigyasa Garments Solutions Private Limited | ₹8.09 Cr (FY 2025) | 159.0% | Delhi, India | |||
| Bhajanka Apparels Private Limited | ₹8.09 Cr (FY 2024) | -15.0% | Delhi, India |
To see the full peer comparison of Silk India International Limited, buy the company report.
Auditor
Silk India International Limited is audited by Gmj & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gmj & Co | FY 2023 | 103429W |
Shareholding
The shareholding of Silk India International Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Silk India International Limited, buy the company report.
Legal cases
Silk India International Limited has 14 court cases on record: 9 filed by Silk India International, 5 filed against it. 2 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 5 | 2 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Graffiti Ventures Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against M/S. Benz NX | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against individuals | Disposed |
To see the full case history of Silk India International Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Silk India International Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shree Ganesh Packaging | |||
| an individual supplier |
To see the full MSME payment records of Silk India International Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Silk India International Limited has a workforce of 23 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Silk India International has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACO5534G1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Silk India International Limited, buy the company report.
Recent activity
Silk India International Limited has 6 board changes on record since 2002: 3 appointments and 3 cessations. The latest: Manoj Keshavdeo Khandelwal ceased to be Whole-Time Director on 31 Dec 2021.
Frequently asked questions
Silk India International is an active public limited company based in Mumbai, Maharashtra, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 16 October 2002 (24+ years old) and is registered under CIN U17100MH2002PLC137565.
Silk India International has 3 current directors:
- Ravi Deviprasad Jhunjhunwala - Managing Director
- Ramesh Banwarilal Makharia - Whole-Time Director
- Aakash Ravi Jhunjhunwala - Director
The latest financial statements of Silk India International on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Silk India International is 27AAACO5534G1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Silk India International is U17100MH2002PLC137565. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silk India International has 14 court cases on record: 9 filed by the company and 5 filed against it. 2 are pending.
Silk India International was incorporated on 16 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Silk India International by revenue are Askaran Hiralal Textiles Private Limited, Bapu Da Paradise Private Limited, Shree Marudhar Keshri Sarees Private Limited, H P Doshi Clothing Private Limited, Bhavijigyasa Garments Solutions Private Limited and 1 more, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading).
Manoj Keshavdeo Khandelwal ceased to be Whole-Time Director on 31 Dec 2021. Aakash Ravi Jhunjhunwala was appointed as Director on 30 Dec 2021. Ramesh Banwarilal Makharia ceased to be Director on 01 Apr 2011. Silk India International has 6 board changes on record in total.
Silk India International has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 May 2019.
Silk India International can be reached through the website silk-india.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Silk India International is at 23 24 25 Floor 2nd 381A Narottam Wadi Kalbadevi Road Dhabolkarwadi Kalbadevi, Mumbai, Maharashtra, India – 400002.
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