About Silgate Solutions Limited
Data last updated:
Silgate Solutions Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 31 May 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2001PLC132189. Its GSTIN is 27AAFCS6294J2ZR (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹2.5 Cr. It was formerly known as Silgate Solutions Private Limited. It is led by directors including Hemraj Gangji Chheda and Bhagwati Hemraj Chheda.
Its last annual general meeting (AGM) was held on 25 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 102 – A Ranjit Studio D S Phalke Road Dadar (E), Mumbai, Maharashtra, India – 400014.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.38 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.8 Cr (net margin 13.7%) and EBITDA of ₹5.46 Cr (EBITDA margin 26.8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Silgate. As per MCA filings, the company has open charges of ₹6.5 Cr and satisfied charges of ₹16.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website silgate.cc.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address102 – A Ranjit Studio D S Phalke Road Dadar (E), Mumbai, Maharashtra, India – 400014
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Silgate Solutions Limited
The main business activity of Silgate Solutions is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. | 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 Silgate Solutions Limited FY 2025 filings available
Silgate Solutions Limited reported revenue of ₹20.38 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Silgate Solutions Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA rose 5% 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 Silgate Solutions Limited
| 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 | ₹5.46 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.8 Cr | •••• | •••• | •••• | •••• |
| 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 Silgate Solutions Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 13.7% | •••• | •••• | •••• | •••• |
| 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 Silgate Solutions are in the company report.
Financial statements from 2015
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.
Peer Comparison of Silgate Solutions Limited
Silgate Solutions Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Diversified BPO, IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arise Virtual Solutions India Private Limited | ₹20.42 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Industrial Complex Dundahera, Haryana, India |
| I Dream Networks Private Limited | ₹20.41 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Chandigarh, India |
| Jove Electronics Private Limited | ₹20.41 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Pune, Maharashtra, India |
| Source Hub India Private Limited | ₹20.41 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Bangalore, Karnataka, India |
| Pilog India Private Limited | ₹20.4 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Golconda, Telangana, India |
| Silgate Solutions Limited this company | ₹20.38 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| Electrifai Technology Solutions Private Limited | ₹20.38 Cr (FY 2023) | •••• | •••• | 46.0% | •••• | Delhi, India |
| Vector97 Software and Service Private Limited | ₹20.37 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | Serilingampally, Telangana, India |
| Herald Logic Private Limited | ₹20.37 Cr (FY 2023) | •••• | •••• | 74.0% | •••• | Mumbai, Maharashtra, India |
| Manocha Technology Solutions Private Limited | ₹20.33 Cr (FY 2024) | •••• | •••• | -51.0% | •••• | Delhi, India |
| Mimoto Technologies Private Limited | ₹20.31 Cr (FY 2024) | •••• | •••• | 70.0% | •••• | Dlf Ph-Ii, Haryana, India |
Peers are the five companies nearest above and the five nearest below Silgate Solutions by revenue in the Outsourcing industry (Diversified BPO, IT Consulting and Services), 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 Silgate Solutions Limited
Silgate Solutions Limited is audited by ROHIT SAVLA & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ROHIT SAVLA & CO | 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.
Board of Directors of Silgate Solutions Limited
Silgate Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemraj Gangji Chheda | Director | 31 May 2001 | 25 Years 4 Months | Current |
| Bhagwati Hemraj Chheda Also directs: Amitech Adhesives Pvt Ltd, Maitri Solutions Limited | Director | 01 Jul 2010 | 16 Years 3 Months | Current |
| Neel Hemraj Chheda Also directs: CMG Constuctions Private Limited | Director | 01 Jul 2010 | 16 Years 3 Months | Current |
Ownership and Shareholding of Silgate Solutions 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 Silgate Solutions Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jul 2025 | Hdfc Bank Limited | ₹1.5 Cr | Open |
| 10 Jul 2019 | Others | ₹3 Cr | Open |
| 12 Apr 2018 | Hdfc Bank Limited | ₹2 Cr | Open |
| 28 Mar 2018 | Others | ₹6 Cr | Satisfied |
| 25 May 2012 | Citibank N. A. | ₹1 Cr | Satisfied |
Total charge records: 8 View all charges
Associated Brands with Silgate Solutions Limited
Silgate Solutions operates one associated brand: Silgate. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides application development and digital marketing services to support business strategies. | silgate.cc |
Employees and EPFO Compliance at Silgate Solutions Limited
Silgate Solutions Limited has a workforce of 2 employees as of Mar 27, 2024.
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.
CIN History of Silgate Solutions Limited
Silgate Solutions has one previous CIN (Corporate Identification Number): U72900MH2001PTC132189. The current CIN is U72900MH2001PLC132189, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900MH2001PLC132189 | Current |
| U72900MH2001PTC132189 | Previous |
Recent Activity on Silgate Solutions Limited
Silgate Solutions Limited has 6 board changes on record since 2001: 3 appointments and 3 cessations. The latest: Mahesh Charan Kundnani ceased to be Director on 02 Sep 2016.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Silgate Solutions 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 Silgate Solutions 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 Silgate Solutions 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 Silgate Solutions Limited
Silgate Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCS6294J2ZR | Maharashtra | Active | 11 Jul 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 Silgate Solutions 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 Silgate Solutions Limited
Silgate Solutions is an active public limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 31 May 2001 (25+ years old) and is registered under CIN U72900MH2001PLC132189.
Silgate Solutions reported revenue of ₹20.38 Cr for FY 2025 (down 6% YoY).
Silgate Solutions has 3 current directors:
- Hemraj Gangji Chheda - Director
- Bhagwati Hemraj Chheda - Director
- Neel Hemraj Chheda - Director
Silgate Solutions reported a net profit of ₹2.8 Cr (net margin 13.7%) and EBITDA of ₹5.46 Cr (EBITDA margin 26.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Silgate Solutions is 10% over five years. In the latest year (FY 2025) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Silgate Solutions is 27AAFCS6294J2ZR, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Silgate Solutions is U72900MH2001PLC132189. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silgate Solutions was incorporated on 31 May 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Silgate Solutions by revenue are Arise Virtual Solutions India Private Limited, I Dream Networks Private Limited, Jove Electronics Private Limited, Source Hub India Private Limited, Pilog India Private Limited and 5 more, all in the Outsourcing industry (Diversified BPO, IT Consulting and Services).
Mahesh Charan Kundnani ceased to be Director on 02 Sep 2016. Bhagwati Hemraj Chheda was appointed as Director on 01 Jul 2010. Naresh Kumar Jain ceased to be Director on 01 Jul 2010. Silgate Solutions has 6 board changes on record in total.
Silgate Solutions can be reached through the website silgate.cc. Its registered office is in Mumbai, Maharashtra, India.