MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-28-0002903
Silver Mine Silk Processors Private Limited - manufacturing in Udumalpet, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹32.76 Cr
▲ 57% YoY
Net profit · FY 2023
₹21.6 Lakh
Net margin 0.7%
EBITDA · FY 2023
₹1.15 Cr
EBITDA margin 3.5%
Authorised capital
₹1.2 Cr
Registered with MCA
Paid-up capital
₹1.2 Cr
Issued & subscribed
Open charges
₹7 Cr
Satisfied ₹3.79 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
12
Provident fund records
About Silver Mine Silk Processors Private Limited
Data last updated:
Silver Mine Silk Processors Private Limited is a private limited company based in Udumalpet, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 11 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17112TZ1995PTC006338. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors Ramshankar Jayachandraraja and Padmanabhan Uvarani.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No 491/ W6 9/6 Check Post Amaravathy Road Manupatti Post, Udumalpet, Tamil Nadu, India – 642112.
As per the financials filed for FY 2023, the company reported a revenue of ₹32.76 Cr, a growth of 57% compared to the previous year. For the same year it recorded a net profit of ₹21.6 Lakh (net margin 0.7%) and EBITDA of ₹1.15 Cr (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 37% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7 Cr and satisfied charges of ₹3.79 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
Silver Mine Silk Processors Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0002903). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website silverminesilk.business.site.
Company details
CIN U17112TZ1995PTC006338
Registration Number 006338
Incorporation Date 11 July 1995
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-28-0002903
Recognitions & Rankings of Silver Mine Silk Processors
Contact details
Silver Mine Silk Processors Private Limited's registered office is in Udumalpet, Tamil Nadu. Its website is silverminesilk.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 491/ W6 9/6 Check Post Amaravathy Road Manupatti Post, Udumalpet, Tamil Nadu, India – 642112
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Silver Mine Silk Processors Private Limited, buy the company report.
Comprehensive company report
Silver Mine Silk Processors Private 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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Secure checkout · GST invoice included
Business activity
The main business activity of Silver Mine Silk Processors is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Silver Mine Silk Processors Private Limited, buy the company report.
Financials of Silver Mine Silk Processors Private Limited
FY 2023 filings availableSilver Mine Silk Processors Private Limited reported revenue of ₹32.76 Cr (up 57% YoY) for FY 2023.
Revenue · FY 2023
₹32.76 Cr ▲ 57%
Net profit · FY 2023
₹21.6 Lakh margin 0.7%
EBITDA · FY 2023
₹1.15 Cr margin 3.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 57%
3 years · compounded
▲ 23%
5 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▲ 55%
3 years · compounded
▼ 12%
5 years · compounded
▲ 27%
Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 57% growth in the latest year. EBITDA rose 55% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹32.76 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.6 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Silver Mine Silk Processors Private Limited, buy the company report.
Board of directors of Silver Mine Silk Processors Private Limited
Silver Mine Silk Processors has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramshankar Jayachandraraja | Director | 13 Dec 2016 | 9 Years 10 Months | Current |
| Padmanabhan Uvarani | Director | 15 Oct 2024 | 2 Years 0 Months | Current |
Auditor
Silver Mine Silk Processors Private Limited is audited by TS MANIAM & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TS MANIAM & ASSOCIATES | FY 2023 | 007610S |
Shareholding
The shareholding of Silver Mine Silk Processors Private 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 Silver Mine Silk Processors Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7 Cr
Satisfied charges
₹3.79 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Nov 2021 | 100508258 | State Bank of India | ₹7 Cr | Open | |
| 29 Nov 2019 | 100305301 | Others | ₹2.29 Cr | Satisfied | |
| 07 Mar 2011 | 10275131 | Hdfc Bank Limited | ₹1.45 Cr | Satisfied | |
| 26 Nov 1996 | 90003024 | Canara Bank | ₹5 Lakh | Satisfied |
To see the full charge records of Silver Mine Silk Processors Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Silver Mine Silk Processors Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed against the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kisetsu Saison Finance India Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kisetsu Saison Finance India P. Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Fedbank Financial Services | Pending |
To see the full case history of Silver Mine Silk Processors Private 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
No delayed payments to MSME suppliers are on our record for Silver Mine Silk Processors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Silver Mine Silk Processors Private Limited has a workforce of 12 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
12
Active EPFO establishments
1
GST
Silver Mine Silk Processors has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
2
Cancelled / inactive
2
To see the full GST registrations and return filing status of Silver Mine Silk Processors Private Limited, buy the company report.
Recent activity
Silver Mine Silk Processors Private Limited has 7 board changes on record since 2014: 2 appointments and 5 cessations. The latest: Jayachandra Sridevi ceased to be Additional Director on 15 Oct 2024.
Ceased
Jayachandra Sridevi ceased to be Additional Director.
Appointed
Padmanabhan Uvarani was appointed as Director.
AGM
Silver Mine Silk Processors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 7.00 Cr registered on 26 Nov 2021 with Charge ID 100508258 was modified on 19 May 2023.
Filing
Silver Mine Silk Processors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
Charges
A charge registered on 07 Mar 2011 via Charge ID 10275131 with Hdfc Bank Limited was fully satisfied on 15 Mar 2022.
Charges
A charge with State Bank Of India amounted to Rs. 7.00 Cr with Charge ID 100508258 was registered on 26 Nov 2021.
Charges
A charge registered on 29 Nov 2019 via Charge ID 100305301 with Others was fully satisfied on 21 Oct 2021.
Charges
A charge with Others of Rs. 2.29 Cr registered on 29 Nov 2019 with Charge ID 100305301 was modified on 11 Sep 2020.
Charges
A charge with Others amounted to Rs. 2.29 Cr with Charge ID 100305301 was registered on 29 Nov 2019.
Charges
A charge with Hdfc Bank Limited of Rs. 1.45 Cr registered on 07 Mar 2011 with Charge ID 10275131 was modified on 18 Sep 2019.
Ceased
Subramaniaraja Jayachandraraja ceased to be Director.
9 earlier events are in the company report.
Frequently asked questions
Silver Mine Silk Processors is an active private limited company based in Udumalpet, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 11 July 1995 (31+ years old) and is registered under CIN U17112TZ1995PTC006338.
Silver Mine Silk Processors has 2 current directors:
- Ramshankar Jayachandraraja - Director
- Padmanabhan Uvarani - Director
The latest financial statements of Silver Mine Silk Processors on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Silver Mine Silk Processors has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Silver Mine Silk Processors is U17112TZ1995PTC006338. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silver Mine Silk Processors has 3 court cases on record: 3 filed against it. 2 are pending.
Silver Mine Silk Processors was incorporated on 11 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Coimbatore.
Jayachandra Sridevi ceased to be Additional Director on 15 Oct 2024. Padmanabhan Uvarani was appointed as Director on 15 Oct 2024. Subramaniaraja Jayachandraraja ceased to be Director on 25 Jul 2019. Silver Mine Silk Processors has 7 board changes on record in total.
Yes, Silver Mine Silk Processors is registered as a small enterprise under Udyam registration (number: UDYAM-TN-28-0002903).
Silver Mine Silk Processors can be reached through the website silverminesilk.business.site. Its registered office is in Udumalpet, Tamil Nadu, India.