About Silvergate Engineering Private Limited
Data last updated:
Silvergate Engineering Private Limited is a private limited company based in Jamnagar, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 11 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28995GJ2018PTC105556. Its GSTIN is 24ABBCS2566C1ZO (Gujarat).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors including Payal Bharatbhai Changani (Whole-Time Director) and Bhagvati Maheshkumar Changani (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 97 Iva Park – 1 Ranjitsagar Road, Jamnagar, Gujarat, India – 361005.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.96 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹1.19 Lakh (net margin 0.6%) and EBITDA of ₹1.85 Lakh (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 43% over five years.
For more details, the company can be reached via its website silvergateengineering.in.
Company details
Contact details
Silvergate Engineering Private Limited's registered office is in Jamnagar, Gujarat. Its website is silvergateengineering.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 97 Iva Park – 1 Ranjitsagar Road, Jamnagar, Gujarat, India – 361005
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Silvergate Engineering 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 Silvergate Engineering is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Silvergate Engineering Private Limited, buy the company report.
Financials of Silvergate Engineering Private Limited
FY 2025 filings availableSilvergate Engineering Private Limited reported revenue of ₹1.96 Cr (up 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 41% growth in the latest year. EBITDA rose 117% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.85 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.19 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | 0.6% | ||||
| 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 Silvergate Engineering Private Limited, buy the company report.
Board of directors of Silvergate Engineering Private Limited
Silvergate Engineering has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Payal Bharatbhai Changani | Whole-Time Director | 11 Dec 2018 | 7 Years 10 Months | Current |
| Bhagvati Maheshkumar Changani | Whole-Time Director | 11 Dec 2018 | 7 Years 10 Months | Current |
| Namrata Jaydeep Rabadiya | Whole-Time Director | 11 Dec 2018 | 7 Years 10 Months | Current |
Auditor
Silvergate Engineering Private Limited is audited by B R A H M & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B R A H M & Associates | FY 2023 | 102153W |
Shareholding
The shareholding of Silvergate Engineering 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 Silvergate Engineering Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Silvergate Engineering 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 Silvergate Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Silvergate Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABBCS2566C1ZO | Gujarat | Active | 05 Feb 2019 |
To see the full GST registrations and return filing status of Silvergate Engineering Private Limited, buy the company report.
Recent activity
Silvergate Engineering Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Bhagvati Maheshkumar Changani was appointed as Whole-Time Director on 11 Dec 2018.
Frequently asked questions
Silvergate Engineering is an active private limited company based in Jamnagar, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 11 December 2018 (8+ years old) and is registered under CIN U28995GJ2018PTC105556.
Silvergate Engineering has 3 current directors:
- Payal Bharatbhai Changani - Whole-Time Director
- Bhagvati Maheshkumar Changani - Whole-Time Director
- Namrata Jaydeep Rabadiya - Whole-Time Director
The latest financial statements of Silvergate Engineering on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Silvergate Engineering is 24ABBCS2566C1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Silvergate Engineering is U28995GJ2018PTC105556. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silvergate Engineering was incorporated on 11 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bhagvati Maheshkumar Changani was appointed as Whole-Time Director on 11 Dec 2018. Namrata Jaydeep Rabadiya was appointed as Whole-Time Director on 11 Dec 2018. Payal Bharatbhai Changani was appointed as Whole-Time Director on 11 Dec 2018.
Silvergate Engineering can be reached through the website silvergateengineering.in. Its registered office is in Jamnagar, Gujarat, India.
The registered office of Silvergate Engineering is at Plot No. 97 Iva Park – 1 Ranjitsagar Road, Jamnagar, Gujarat, India – 361005.
Silvergate Engineering operates in the machinery and equipment industry, in the industrial tools and components segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
