Silvershine Projects (India) Private Limited
About Silvershine Projects (India) Private Limited
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Silvershine Projects (India) Private Limited was a private limited company based in Bangalore, 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 general construction services segment of the infrastructure and utilities sector. It was incorporated on 21 July 2011.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U45400KA2011PTC059661. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Karunakar Shamaraju (Managing Director) and Bhaskarraju Swamy Raju.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 81 5th Cross Akshayanagar Attur Layout Yelahanka New Town, Bangalore, Karnataka, India – 560064.
As per the financials filed for FY 2017, the company reported a revenue of ₹4.52 Cr, a growth of 80% compared to the previous year. For the same year it recorded a net profit of ₹12.66 Lakh (net margin 2.8%) and EBITDA of ₹18.18 Lakh (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 259% over three years.
The company had about 3 employees on its provident fund (EPFO) records before it was struck off.
Company details
Contact details
Silvershine Projects (India) Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address81 5th Cross Akshayanagar Attur Layout Yelahanka New Town, Bangalore, Karnataka, India – 560064
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Silvershine Projects (India) 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 Silvershine Projects (India) is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Silvershine Projects (India) Private Limited, buy the company report.
Financials of Silvershine Projects (India) Private Limited
FY 2017 filings availableSilvershine Projects (India) Private Limited reported revenue of ₹4.52 Cr (up 80% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 259% over three years, including 80% growth in the latest year. EBITDA rose 20% 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 | ₹4.52 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
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| Total Expenses | |||
| EBITDA | ₹18.18 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹12.66 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
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| Trade Payables | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4% | ||
| Net Profit Margin | 2.8% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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| Efficiency and Growth | |||
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| Receivable Days | |||
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| Revenue Growth | |||
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To see the full financial statements and ratios of Silvershine Projects (India) Private Limited, buy the company report.
Board of directors of Silvershine Projects (India) Private Limited
Silvershine Projects (India) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karunakar Shamaraju | Managing Director | 21 Jul 2011 | 15 Years 3 Months | As last reported |
| Bhaskarraju Swamy Raju | Director | 21 Jul 2011 | 15 Years 3 Months | As last reported |
Auditor
Silvershine Projects (India) Private Limited is audited by NAVEEN KUMAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAVEEN KUMAR & CO | FY 2017 | 002443S |
Shareholding
The shareholding of Silvershine Projects (India) 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 Silvershine Projects (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Silvershine Projects (India) 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 Silvershine Projects (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Silvershine Projects (India) Private Limited has a workforce of 3 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Silvershine Projects (India) 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.
To see the full GST registrations and return filing status of Silvershine Projects (India) Private Limited, buy the company report.
Recent activity
Silvershine Projects (India) Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Akkasali Purushottam ceased to be Director on 14 Aug 2018.
Frequently asked questions
Silvershine Projects (India) 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.
Silvershine Projects (India) was a private limited company based in Bangalore, Karnataka, India. The company worked in general construction services, within the infrastructure and utilities industry. It was incorporated on 21 July 2011 and is registered under CIN U45400KA2011PTC059661. The company has been struck off by the Registrar of Companies and is no longer operational.
Silvershine Projects (India) had 2 directors:
- Karunakar Shamaraju - Managing Director
- Bhaskarraju Swamy Raju - Director
The CIN (Corporate Identification Number) of Silvershine Projects (India) is U45400KA2011PTC059661. 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 Silvershine Projects (India) is at 81 5th Cross Akshayanagar Attur Layout Yelahanka New Town, Bangalore, Karnataka, India – 560064.
Silvershine Projects (India) was incorporated on 21 July 2011. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Silvershine Projects (India) on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Silvershine Projects (India) has 2 GST registrations on record and all of them are cancelled or inactive.
Silvershine Projects (India) operated in the infrastructure and utilities industry, in the general construction services segment. It worked in this industry before it was struck off.
Akkasali Purushottam ceased to be Director on 14 Aug 2018. Bhaskarraju Swamy Raju was appointed as Director on 21 Jul 2011. Karunakar Shamaraju was appointed as Managing Director on 21 Jul 2011.