Sil Silver Private Limited
About Sil Silver Private Limited
Data last updated:
Sil Silver Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 12 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC296070. Its GSTIN is 27AAYCS8019G1ZP (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Garvit Jain and Jainam Prakash Jain.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.67 Cr, a growth of 100% compared to the previous year. For the same year it recorded a net profit of ₹4.44 Lakh (net margin 0.8%) and EBITDA of ₹15.37 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹1.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressOffice No. 2 1st Floor Plot 26/30 Manilal Hargovindas Chs, Dhanji Street Zaveri Bazar Mumbadevi, Mumbai, Maharashtra, India – 400033
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Sil Silver Private Limited
The main business activity of Sil Silver is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sil Silver Private Limited FY 2024 filings available
Sil Silver Private Limited reported revenue of ₹5.67 Cr (up 100% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Sil Silver Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 100% growth in the latest year. EBITDA rose 97% 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 of Sil Silver Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹15.37 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.44 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 of Sil Silver Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sil Silver are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Sil Silver Private Limited
Sil Silver 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 |
|---|---|---|---|---|
| Jainam Prakash Jain | Additional Director | 21 Jan 2022 | 4 Years 9 Months | Current |
| Garvit Jain | Director | 12 Jun 2017 | 9 Years 4 Months | Current |
Peer Comparison of Sil Silver Private Limited
Sil Silver Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Leo Star Impex Private Limited | ₹5.74 Cr (FY 2017) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Shankar Jewels Limited | ₹5.7 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| Quality Fashion Accessories Private Limited | ₹5.69 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | Kolkata, West Bengal, India |
| Chaitanya Retails Private Limited | ₹5.68 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Krunal Gems & Jewellery Private Limited | ₹5.68 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Kolkata, West Bengal, India |
| Sil Silver Private Limited this company | ₹5.67 Cr (FY 2024) | •••• | •••• | 100.0% | •••• | Mumbai, Maharashtra, India |
| Balaji Platinum Private Limited | ₹5.65 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Prabhu Jewellers Private Limited | ₹5.64 Cr (FY 2024) | •••• | •••• | -27.0% | •••• | Uttar Pradesh, India |
| Rajathadri Jewellers Private Limited | ₹5.59 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Bangalore, Karnataka, India |
| Nobal Jewels Private Limited | ₹5.58 Cr (FY 2025) | •••• | •••• | 242.0% | •••• | Surat, Gujarat, India |
| Rajan Propcon Private Limited | ₹5.53 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Sil Silver by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sil Silver Private Limited
Sil Silver Private Limited is audited by ARUN BHANDARI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ARUN BHANDARI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Sil Silver Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sil Silver Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 May 2024 | Yes Bank Limited | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Sil Silver Private Limited
Employment history and EPFO contributions of people linked to Sil Silver.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Sil Silver Private Limited
Sil Silver Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Jainam Prakash Jain was appointed as Additional Director on 21 Jan 2022.
Credit Ratings, Litigation & Regulatory Alerts for Sil Silver Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sil Silver Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sil Silver Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sil Silver Private Limited
Sil Silver has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAYCS8019G1ZP | Maharashtra | Active | 03 Aug 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sil Silver Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sil Silver Private Limited
Sil Silver is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 12 June 2017 (9+ years old) and is registered under CIN U74999MH2017PTC296070.
Sil Silver reported revenue of ₹5.67 Cr for FY 2024 (up 100% YoY).
Sil Silver has 2 current directors:
- Jainam Prakash Jain - Additional Director
- Garvit Jain - Director
Sil Silver reported a net profit of ₹4.44 Lakh (net margin 0.8%) and EBITDA of ₹15.37 Lakh (EBITDA margin 2.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sil Silver is 6% over three years and 4% over five years. In the latest year (FY 2024) revenue rose 100%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sil Silver is 27AAYCS8019G1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sil Silver is U74999MH2017PTC296070. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sil Silver was incorporated on 12 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sil Silver by revenue are Leo Star Impex Private Limited, Shankar Jewels Limited, Quality Fashion Accessories Private Limited, Chaitanya Retails Private Limited, Krunal Gems & Jewellery Private Limited and 5 more, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution).
Jainam Prakash Jain was appointed as Additional Director on 21 Jan 2022. Shailesh Bhagwatilal Jain ceased to be Director on 21 Jan 2022. Garvit Jain was appointed as Director on 12 Jun 2017.
The registered office of Sil Silver is at Office No. 2 1st Floor Plot 2630 Manilal Hargovindas Chs, Dhanji Street Zaveri Bazar Mumbadevi, Mumbai, Maharashtra, India – 400033.