MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0065143
Silcotex Silicones Private Limited
Silcotex Silicones Private Limited - chemicals and materials in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.62 Cr
▼ 3% YoY
Net profit · FY 2025
₹15.18 Lakh
Net margin 1.6%
EBITDA · FY 2025
₹36.12 Lakh
EBITDA margin 3.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹1.6 Cr
Satisfied ₹3.25 Cr
Company age
30 yrs
Est. 1996
Directors on board
3
As per MCA filings
About Silcotex Silicones Private Limited
Data last updated:
Silcotex Silicones Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 22 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24110GJ1996PTC029422. Its GSTIN is 24AADCS3952R1ZT (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Ketan Topiwala Babubhai and Kaushik Babubhai Topiwala.
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 A – 1008 1009 Sns Atria Near Happy Exelencia Vesu Surat., Gujarat, India – 395007.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.62 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹15.18 Lakh (net margin 1.6%) and EBITDA of ₹36.12 Lakh (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹1.6 Cr and satisfied charges of ₹3.25 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company.
Silcotex Silicones Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0065143). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24110GJ1996PTC029422
Registration Number 029422
Incorporation Date 22 April 1996
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0065143
Key People
Ketan Topiwala Babubhai Director Kaushik Babubhai Topiwala Director Jatin Hasmukhlal Topiwala Director Recognitions & Rankings of Silcotex Silicones
Contact details
Silcotex Silicones Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 1008 1009 Sns Atria Near Happy Exelencia Vesu Surat., Gujarat, India – 395007
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Silcotex Silicones Private Limited, buy the company report.
Comprehensive company report
Silcotex Silicones 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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Business activity
The main business activities of Silcotex Silicones are trade and real estate. In detail, this covers wholesale trading and real estate activities on fee or contract basis. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Silcotex Silicones Private Limited, buy the company report.
Financials of Silcotex Silicones Private Limited
FY 2025 filings availableSilcotex Silicones Private Limited reported revenue of ₹9.62 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹9.62 Cr ▼ 3%
Net profit · FY 2025
₹15.18 Lakh margin 1.6%
EBITDA · FY 2025
₹36.12 Lakh margin 3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 14%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 7%
5 years · compounded
▲ 5%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 13% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹36.12 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.18 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Silcotex Silicones Private Limited, buy the company report.
Board of directors of Silcotex Silicones Private Limited
Silcotex Silicones has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketan Topiwala Babubhai | Director | 22 Apr 1996 | 30 Years 6 Months | Current |
| Kaushik Babubhai Topiwala Also directs: Leela Synthechem Private Limited | Director | 22 Apr 1996 | 30 Years 6 Months | Current |
| Jatin Hasmukhlal Topiwala Also directs: Leela Synthechem Private Limited | Director | 10 May 1996 | 30 Years 5 Months | Current |
Peer comparison
Silcotex Silicones Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Plasglow Petchem Private Limited | ₹9.68 Cr (FY 2025) | 44.0% | Nagpur, Maharashtra, India | |||
| Nilachal Chemicals Private Limited | ₹9.67 Cr (FY 2025) | -18.0% | Guwahati, Assam, India | |||
| Silcotex Silicones Private Limitedthis company | ₹9.62 Cr (FY 2025) | ₹15.18 Lakh | 1.6% | -3.0% | Surat, Gujarat, India | |
| Golden Price Private Limited | ₹9.6 Cr (FY 2025) | 286.0% | Hyderabad, Telangana, India | |||
| Shiva Paints Private Limited | ₹9.58 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India |
To see the full peer comparison of Silcotex Silicones Private Limited, buy the company report.
Auditor
Silcotex Silicones Private Limited is audited by C. S. JARIWALA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C. S. JARIWALA & CO. | FY 2023 | 114906W |
Shareholding
The shareholding of Silcotex Silicones 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 Silcotex Silicones Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.6 Cr
Satisfied charges
₹3.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Nov 2021 | 100499603 | Others | ₹1.6 Cr | Open | |
| 04 Aug 2016 | 100043875 | Yes Bank Limited | ₹1.2 Cr | Satisfied | |
| 30 Jul 2016 | 100043037 | Yes Bank Limited | ₹1.2 Cr | Satisfied | |
| 20 Jun 2005 | 10084780 | Bank of Baroda | ₹45 Lakh | Satisfied | |
| 20 Jun 2005 | 10429070 | Bank of Baroda | ₹25 Lakh | Satisfied |
To see the full charge records of Silcotex Silicones Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Silcotex Silicones Private Limited has 6 court cases on record: 6 filed by Silcotex Silicones. All cases are disposed.
Total cases
6
Filed by the company
6
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed by the company against Cubatics Industries Pvt Ltd | Disposed |
| High Court of Gujarat | Court case (COMP) | Filed by the company against Jai Bhagwati Tex Print Private Limited | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company against Pee Tee Silk Mills Private Limited | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company against Parag Mills Pvt. L TD. | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company | Disposed |
To see the full case history of Silcotex Silicones 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
Silcotex Silicones Private Limited has 3 MSME Form 1 returns on record between 2019 and 2023, listing 4 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Suresh Trading Company | |||
| Tanmay Traders Private Limited |
To see the full MSME payment records of Silcotex Silicones Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Silcotex Silicones has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS3952R1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Silcotex Silicones Private Limited, buy the company report.
Recent activity
Silcotex Silicones Private Limited has 7 board changes on record since 1996: 3 appointments and 4 cessations. The latest: Rashmi Nitin Topiwala ceased to be Additional Director on 30 Sep 2019.
AGM
Silcotex Silicones Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Silcotex Silicones Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 04 Aug 2016 via Charge ID 100043875 with Yes Bank Limited was fully satisfied on 25 Jan 2022.
Charges
A charge registered on 30 Jul 2016 via Charge ID 100043037 with Yes Bank Limited was fully satisfied on 25 Jan 2022.
Charges
A charge with Others amounted to Rs. 160.00 Lakh with Charge ID 100499603 was registered on 17 Nov 2021.
Charges
A charge with Yes Bank Limited of Rs. 120.00 Lakh registered on 04 Aug 2016 with Charge ID 100043875 was modified on 12 Mar 2021.
Charges
A charge with Yes Bank Limited of Rs. 120.00 Lakh registered on 30 Jul 2016 with Charge ID 100043037 was modified on 30 Jun 2020.
Ceased
Rashmi Nitin Topiwala ceased to be Additional Director.
Ceased
Nitin Hasmukhlal Topiwala ceased to be Director.
Charges
A charge registered on 20 Jun 2005 via Charge ID 10429070 with Bank Of Baroda was fully satisfied on 20 Sep 2016.
Charges
A charge registered on 20 Jun 2005 via Charge ID 10084780 with Bank Of Baroda was fully satisfied on 20 Sep 2016.
Charges
A charge with Yes Bank Limited amounted to Rs. 120.00 Lakh with Charge ID 100043875 was registered on 04 Aug 2016.
12 earlier events are in the company report.
Frequently asked questions
Silcotex Silicones is an active private limited company based in Surat, Gujarat, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 22 April 1996 (30+ years old) and is registered under CIN U24110GJ1996PTC029422.
Silcotex Silicones has 3 current directors:
- Ketan Topiwala Babubhai - Director
- Kaushik Babubhai Topiwala - Director
- Jatin Hasmukhlal Topiwala - Director
The latest financial statements of Silcotex Silicones 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 2015 are in the company report.
The GSTIN of Silcotex Silicones is 24AADCS3952R1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Silcotex Silicones is U24110GJ1996PTC029422. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silcotex Silicones has 6 court cases on record: 6 filed by the company. Most are in the high courts.
Silcotex Silicones was incorporated on 22 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Silcotex Silicones by revenue are Plasglow Petchem Private Limited, Nilachal Chemicals Private Limited, Golden Price Private Limited, Shiva Paints Private Limited, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Rashmi Nitin Topiwala ceased to be Additional Director on 30 Sep 2019. Nitin Hasmukhlal Topiwala ceased to be Director on 04 Apr 2019. Ishwarlal Dholabhai Topiwala ceased to be Director on 15 Mar 2013. Silcotex Silicones has 7 board changes on record in total.
Yes, Silcotex Silicones is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0065143).
Silcotex Silicones has 3 MSME Form 1 returns on record between 2019 and 2023, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 19 Jan 2024.
The registered office of Silcotex Silicones is at A – 1008 1009 Sns Atria Near Happy Exelencia Vesu Surat., Gujarat, India – 395007.