- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-15-0001820

About Silvertones Speciality Textile Private Limited
Data last updated:
Silvertones Speciality Textile Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the leather goods segment of the manufacturing sector. It was incorporated on 18 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2005PTC133144. Its GSTIN is 07AAICS7602P1ZT (Delhi). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.99 Cr. It was formerly known as Silvertones Impex Private Limited. It is led by directors including Vikas Chawla and Vinay Chawla.
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 95A Municipal Market Opp. C – Block Nirulas Connaught Circus, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹49.29 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹21.7 Lakh (net margin 0.4%) and EBITDA of ₹3.03 Cr (EBITDA margin 6.1%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Suntop Bags. As per MCA filings, the company has open charges of ₹70.03 Cr and satisfied charges of ₹29.66 Cr on record. Court records list 13 cases involving the company, including 4 filed by the company and 9 filed against it; 2 cases are pending. The company has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹7.63 Cr; the latest was in March 2014.
Silvertones Speciality Textile Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-15-0001820). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suntop.in.
Company details
Recognitions & Rankings of Silvertones Speciality Textile
Contact details
Silvertones Speciality Textile Private Limited's registered office is in New Delhi, Delhi. Its website is suntop.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address95A Municipal Market Opp. C – Block Nirulas Connaught Circus, New Delhi, Delhi, India – 110001
- IndustryManufacturing, Leather Goods
To see the full contact details of Silvertones Speciality Textile 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
Brands
Silvertones Speciality Textile operates one associated brand: Suntop Bags. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of jewelry | suntop.in |
Business activity
The main business activity of Silvertones Speciality Textile is manufacturing. In detail, this covers manufacture of leather and related products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 15 | Manufacture of leather and related products |
To see the full business activity and turnover split of Silvertones Speciality Textile Private Limited, buy the company report.
Financials of Silvertones Speciality Textile Private Limited
FY 2024 filings availableSilvertones Speciality Textile Private Limited reported revenue of ₹49.29 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over three years, including a 4% fall in the latest year. EBITDA fell 7% 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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| EBITDA | ₹3.03 Cr | ||||
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| Net Profit (PAT) | ₹21.7 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Silvertones Speciality Textile Private Limited, buy the company report.
Board of directors of Silvertones Speciality Textile Private Limited
Silvertones Speciality Textile has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Chawla | Director | 10 May 2006 | 20 Years 5 Months | Current |
| Vinay Chawla | Director | 10 May 2006 | 20 Years 5 Months | Current |
| Vijay Kumar Chawla | Director | 10 May 2006 | 20 Years 5 Months | Current |
Auditor
Silvertones Speciality Textile Private Limited is audited by Kumod R & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kumod R & Co | FY 2023 | 037728N |
Shareholding
The shareholding of Silvertones Speciality Textile 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Silvertones Speciality Textile Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2022 | 100599179 | Others | ₹15.5 Lakh | Open | |
| 24 Feb 2022 | 100544713 | Others | ₹1.7 Cr | Open | |
| 17 Oct 2020 | 100381408 | Others | ₹97 Lakh | Open | |
| 16 Jul 2020 | 100353241 | Others | ₹3.4 Cr | Open | |
| 09 Nov 2015 | 10616741 | Oriental Bank of Commerce | ₹5 Lakh | Open |
To see the full charge records of Silvertones Speciality Textile Private Limited, buy the company report.
Total charge records: 19 View all charges
Deals & funding
Silvertones Speciality Textile Private Limited has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹7.63 Cr; the latest was in March 2014.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Funding round | ₹1.8 Cr | Investors: 4 individuals |
| Mar 2013 | Funding round | ₹2.18 Cr | Investors: 4 individuals |
| Dec 2010 | Funding round | ₹3.34 Cr | Investors: 4 individuals |
| Nov 2009 | Funding round | ₹8.5 Lakh | Investors: 2 individuals |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
To see the full deal history of Silvertones Speciality Textile Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Silvertones Speciality Textile Private Limited has 13 court cases on record: 4 filed by Silvertones Speciality Textile, 9 filed against it. 2 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 9 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Court case (RCA DJ) | Filed against the company by Gopsons Printers Pvt Ltd | Pending |
| District court, Central, Delhi | Civil suit | Filed by the company against Gopsons Printers Pvt Ltd | Disposed |
| District court, Una, Himachal Pradesh | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, Central, Delhi | Commercial suit | Filed by the company against an individual | Disposed |
| District court, Central, Delhi | Execution petition | Filed by the company against M/S JB Textiles | Disposed |
To see the full case history of Silvertones Speciality Textile 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.
Credit ratings & regulatory alerts
Silvertones Speciality Textile Private Limited was last rated by Brickwork on 17 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 17 May 2022 |
To see the full credit ratings and regulatory alerts of Silvertones Speciality Textile Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Silvertones Speciality Textile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Silvertones Speciality Textile Private Limited has a workforce of 4 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Silvertones Speciality Textile has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAICS7602P1ZT | Delhi | Active | 01 Jul 2017 |
| 02AAICS7602P2Z2 | Himachal Pradesh | Active | 01 Jul 2017 |
| 06AAICS7602P1ZV | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Silvertones Speciality Textile Private Limited, buy the company report.
Recent activity
Silvertones Speciality Textile Private Limited has 5 board changes on record since 2006: 3 appointments and 2 cessations. The latest: Anita Chawla ceased to be Director on 03 Apr 2023.
29 earlier events are in the company report.
Frequently asked questions
Silvertones Speciality Textile is an active private limited company based in New Delhi, Delhi, India. The company works in leather goods, within the manufacturing industry. It was incorporated on 18 February 2005 (21+ years old) and is registered under CIN U51909DL2005PTC133144.
Silvertones Speciality Textile has 3 current directors:
- Vikas Chawla - Director
- Vinay Chawla - Director
- Vijay Kumar Chawla - Director
The latest financial statements of Silvertones Speciality Textile 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 Silvertones Speciality Textile is 07AAICS7602P1ZT, registered in Delhi. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 02AAICS7602P2Z2 (Himachal Pradesh), 06AAICS7602P1ZV (Haryana).
The CIN (Corporate Identification Number) of Silvertones Speciality Textile is U51909DL2005PTC133144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silvertones Speciality Textile has 13 court cases on record: 4 filed by the company and 9 filed against it. 2 are pending. Most are in the district courts.
Silvertones Speciality Textile was incorporated on 18 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
Silvertones Speciality Textile has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹7.63 Cr; the latest was in March 2014.
Anita Chawla ceased to be Director on 03 Apr 2023. Manasvi Chawla ceased to be Director on 03 Apr 2023. Vijay Kumar Chawla was appointed as Director on 10 May 2006. Silvertones Speciality Textile has 5 board changes on record in total.
Yes, Silvertones Speciality Textile is registered as a small enterprise under Udyam registration (number: UDYAM-HR-15-0001820).