Silkana Infotech Private Limited
About Silkana Infotech Private Limited
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Silkana Infotech Private Limited was a private limited company based in Ranebennur, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 23 October 2001.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2001PTC029680. Its GSTIN is 29AAMCS7235G2ZW (Karnataka). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Mahendrakumar Parameshwarappa Banakar and Suma Subhas Maganura.
Its last annual general meeting (AGM) was held on 27 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Basaveshwara Nilaya 3rd Main, Ranebennur, Karnataka, India – 581115.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.15 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹71,649 (net margin -33.3%) and EBITDA of -₹71,649 (EBITDA margin -33.3%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years.
Company details
Contact details
Silkana Infotech Private Limited's registered office is in Ranebennur, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBasaveshwara Nilaya 3rd Main, Ranebennur, Karnataka, India – 581115
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Silkana Infotech 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 Silkana Infotech 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 Silkana Infotech Private Limited, buy the company report.
Financials of Silkana Infotech Private Limited
FY 2017 filings availableSilkana Infotech Private Limited reported revenue of ₹2.15 Lakh (down 24% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over three years, including a 24% fall in the latest year. EBITDA fell 303% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹2.15 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹71,649 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹71,649 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -33.3% | ||
| Net Profit Margin | -33.3% | ||
| 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 Silkana Infotech Private Limited, buy the company report.
Board of directors of Silkana Infotech Private Limited
Silkana Infotech has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendrakumar Parameshwarappa Banakar | Director | 23 Oct 2001 | 25 Years 0 Months | As last reported |
| Suma Subhas Maganura | Director | 23 Oct 2001 | 25 Years 0 Months | As last reported |
Peer comparison
Silkana Infotech Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Sapshine Pharma Private Limited | ₹2.15 Lakh (FY 2020) | 32.0% | Patna, Bihar, India | |||
| Lani Commercials Private Limited | ₹2.15 Lakh (FY 2024) | -16.0% | Nagpur, Maharashtra, India | |||
| Meraki Environmental Solutions Private Limited | ₹2.15 Lakh (FY 2021) | Lucknow, Uttar Pradesh, India | ||||
| Rahamathunnisa Abdul Subhan Build Pro Private Limited | ₹2.15 Lakh (FY 2023) | Nanjungud Town, Karnataka, India | ||||
| Arsata Private Limited | ₹2.15 Lakh (FY 2024) | 41.0% | Jammu, Jammu and Kashmir, India | |||
| Silkana Infotech Private Limitedthis company | ₹2.15 Lakh (FY 2017) | -₹71,649 | -33.3% | -24.0% | Ranebennur, Karnataka, India | |
| Scaleuptech Solutions Private Limited | ₹2.15 Lakh (FY 2024) | Indore, Madhya Pradesh, India | ||||
| Day Care Utilities India Private Limited | ₹2.15 Lakh (FY 2022) | 94.0% | Patna, Bihar, India | |||
| Babys 7Heaven (OPC) Private Limited | ₹2.15 Lakh (FY 2024) | Pune, Maharashtra, India | ||||
| Teraaz Industries Private Limited | ₹2.15 Lakh (FY 2023) | Palghar, Maharashtra, India | ||||
| Sutunga Farmers Producer Company Limited | ₹2.15 Lakh (FY 2023) | Cooch Behar, West Bengal, India |
To see the full peer comparison of Silkana Infotech Private Limited, buy the company report.
Auditor
Silkana Infotech Private Limited is audited by C A Krishnamurthy Deshpande for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C A Krishnamurthy Deshpande | FY 2017 | 027734 |
Shareholding
The shareholding of Silkana Infotech Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Silkana Infotech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Silkana Infotech 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 Silkana Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Silkana Infotech has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCS7235G2ZW | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Silkana Infotech Private Limited, buy the company report.
Recent activity
Silkana Infotech Private Limited has 4 board changes on record since 2001: 2 appointments and 2 cessations. The latest: Ravindr Kumar Parameshwarappa Banakar ceased to be Director on 01 Feb 2019.
Frequently asked questions
Silkana Infotech has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Silkana Infotech was a private limited company based in Ranebennur, Karnataka, India. The company worked in wholesale, within the trading industry. It was incorporated on 23 October 2001 and is registered under CIN U72900KA2001PTC029680. The company has been struck off by the Registrar of Companies and is no longer operational.
Silkana Infotech had 2 directors:
- Mahendrakumar Parameshwarappa Banakar - Director
- Suma Subhas Maganura - Director
The CIN (Corporate Identification Number) of Silkana Infotech is U72900KA2001PTC029680. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Silkana Infotech is at Basaveshwara Nilaya 3rd Main, Ranebennur, Karnataka, India – 581115.
Silkana Infotech was incorporated on 23 October 2001. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Silkana Infotech on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 27 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Silkana Infotech is 29AAMCS7235G2ZW, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Silkana Infotech operated in the trading industry, in the wholesale segment. It worked in this industry before it was struck off.
The peers of Silkana Infotech by revenue are Sapshine Pharma Private Limited, Lani Commercials Private Limited, Meraki Environmental Solutions Private Limited, Rahamathunnisa Abdul Subhan Build Pro Private Limited, Arsata Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Ravindr Kumar Parameshwarappa Banakar ceased to be Director on 01 Feb 2019. Subhash Basalingappa Maganur ceased to be Managing Director on 14 Apr 2012. Mahendrakumar Parameshwarappa Banakar was appointed as Director on 23 Oct 2001. Silkana Infotech has 4 board changes on record in total.