MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-UP-28-0002042
Silver Apparels Industries Private Limited
Silver Apparels Industries Private Limited - manufacturing in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹20.09 Cr
▲ 3% YoY
Net profit · FY 2025
₹45.11 Lakh
Net margin 2.2%
EBITDA · FY 2025
₹1.69 Cr
EBITDA margin 8.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹99.9 Lakh
Issued & subscribed
Open charges
₹5.66 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Directors on board
3
As per MCA filings
About Silver Apparels Industries Private Limited
Data last updated:
Silver Apparels Industries Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 12 January 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2009PTC131852. Its GSTIN is 09AAMCS6898M1Z3 (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹99.9 Lakh. It was formerly known as Silver World Wide Private Limited. It is led by directors including Ashok Kumar Bhaiya and Niraj Pugalia.
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 1 R N Mukherjee Road 5th Floor Room No. 52, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.09 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹45.11 Lakh (net margin 2.2%) and EBITDA of ₹1.69 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over five years.
The company is associated with 1 brand: Silver Apparels. As per MCA filings, the company has open charges of ₹5.66 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Silver Apparels Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0002042). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51909WB2009PTC131852
Registration Number 131852
Incorporation Date 12 January 2009
ROC Kolkata
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-UP-28-0002042
Recognitions & Rankings of Silver Apparels Industries
Contact details
Silver Apparels Industries Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1 R N Mukherjee Road 5th Floor Room No. 52, Kolkata, West Bengal, India – 700001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Silver Apparels Industries Private Limited, buy the company report.
Comprehensive company report
Silver Apparels Industries 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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Brands
Silver Apparels Industries operates one associated brand: Silver Apparels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports exclusively designed women's clothing, accessories, and custom apparel. | silverapparels.com |
Business activity
The main business activity of Silver Apparels Industries is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Silver Apparels Industries Private Limited, buy the company report.
Financials of Silver Apparels Industries Private Limited
FY 2025 filings availableSilver Apparels Industries Private Limited reported revenue of ₹20.09 Cr (up 3% YoY) for FY 2025.
Revenue · FY 2025
₹20.09 Cr ▲ 3%
Net profit · FY 2025
₹45.11 Lakh margin 2.2%
EBITDA · FY 2025
₹1.69 Cr margin 8.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 15%
5 years · compounded
▲ 13%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 3% growth in the latest year. EBITDA rose 34% 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 | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.69 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹45.11 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | ||||
| Net Profit Margin | 2.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Silver Apparels Industries Private Limited, buy the company report.
Board of directors of Silver Apparels Industries Private Limited
Silver Apparels Industries has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Bhaiya Also directs: Silver International Private Limited, Aludecor Lamination Private Limited, Aleda Nextgen Private Limited and 5 more | Director | 12 Jan 2009 | 17 Years 9 Months | Current |
| Niraj Pugalia | Director | 01 Mar 2009 | 17 Years 8 Months | Current |
| Ajit Kumar Pugalia Also directs: Vatika Trade-Link Private Limited, RLP Vinimay Private Limited | Director | 11 Dec 2010 | 15 Years 10 Months | Current |
Peer comparison
Silver Apparels Industries Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indifabs Overseas Private Limited | ₹20.11 Cr (FY 2024) | -29.0% | Kolkata, West Bengal, India | |||
| Erode Annai Spinning Mills Private Limited | ₹20.09 Cr (FY 2025) | -27.0% | Erode, Tamil Nadu, India | |||
| Orient Processors Pvt Ltd | ₹20.09 Cr (FY 2025) | 43.0% | Guwahati, Assam, India | |||
| Vardhman Gar-Tex Creators Private Limited | ₹20.09 Cr (FY 2025) | 30.0% | Delhi, India | |||
| Silver Apparels Industries Private Limitedthis company | ₹20.09 Cr (FY 2025) | ₹45.11 Lakh | 2.2% | 3.0% | Kolkata, West Bengal, India | |
| SND Dyeing & Processing Co. Private Limited | ₹20.06 Cr (FY 2025) | -3.0% | Varanasi, Uttar Pradesh, India |
To see the full peer comparison of Silver Apparels Industries Private Limited, buy the company report.
Auditor
Silver Apparels Industries Private Limited is audited by R. BHUTRA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. BHUTRA & CO | FY 2022 | 032010E |
Shareholding
The shareholding of Silver Apparels Industries 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Silver Apparels Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.66 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2023 | 100729036 | Tamilnad Mercantile Bank Limited | ₹15 Lakh | Open | |
| 10 Jun 2020 | 100348619 | Tamilnad Mercantile Bank Limited | ₹55 Lakh | Open | |
| 29 Oct 2011 | 10423507 | Tamilnad Mercantile Bank Limited | ₹4.2 Lakh | Open | |
| 21 Sep 2011 | 10423464 | Tamilnad Mercantile Bank Limited | ₹4.92 Cr | Open |
To see the full charge records of Silver Apparels Industries Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Silver Apparels Industries Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Appeal | Filed against the company by Silver Fibres Pvt. Ltd. | Disposed |
To see the full case history of Silver Apparels Industries 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
Silver Apparels Industries Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 6 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Indian Zari Emporium Private Limited | |||
| an individual supplier | |||
| Prakash Labels Private Limited |
To see the full MSME payment records of Silver Apparels Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Silver Apparels Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAMCS6898M1Z3 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Silver Apparels Industries Private Limited, buy the company report.
Recent activity
Silver Apparels Industries Private Limited has 5 board changes on record since 2009: 3 appointments and 2 cessations. The latest: Sarla Bhaiya ceased to be Director on 02 May 2023.
AGM
Silver Apparels Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Silver Apparels Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Charges
A charge with Tamilnad Mercantile Bank Limited of Rs. 4.92 Cr registered on 21 Sep 2011 with Charge ID 10423464 was modified on 05 Aug 2024.
Ceased
Sarla Bhaiya ceased to be Director.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100729036 was registered on 17 Feb 2023.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 0.55 Cr with Charge ID 100348619 was registered on 10 Jun 2020.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 0.04 Cr with Charge ID 10423507 was registered on 29 Oct 2011.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 4.92 Cr with Charge ID 10423464 was registered on 21 Sep 2011.
Appointed
Ajit Kumar Pugalia was appointed as Director.
Ceased
Punam Bhaiya ceased to be Director.
Appointed
Niraj Pugalia was appointed as Director.
Appointed
Ashok Kumar Bhaiya was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Silver Apparels Industries is an active private limited company based in Kolkata, West Bengal, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 12 January 2009 (17+ years old) and is registered under CIN U51909WB2009PTC131852.
Silver Apparels Industries has 3 current directors:
- Ashok Kumar Bhaiya - Director
- Niraj Pugalia - Director
- Ajit Kumar Pugalia - Director
The latest financial statements of Silver Apparels Industries 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 Silver Apparels Industries is 09AAMCS6898M1Z3, registered in Uttar Pradesh. 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 Silver Apparels Industries is U51909WB2009PTC131852. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silver Apparels Industries has 1 court case on record: 1 filed against it.
Silver Apparels Industries was incorporated on 12 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Silver Apparels Industries by revenue are Indifabs Overseas Private Limited, Erode Annai Spinning Mills Private Limited, Orient Processors Pvt Ltd, Vardhman Gar-Tex Creators Private Limited, SND Dyeing & Processing Co. Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Sarla Bhaiya ceased to be Director on 02 May 2023. Ajit Kumar Pugalia was appointed as Director on 11 Dec 2010. Punam Bhaiya ceased to be Director on 29 Nov 2010. Silver Apparels Industries has 5 board changes on record in total.
Yes, Silver Apparels Industries is registered as a small enterprise under Udyam registration (number: UDYAM-UP-28-0002042).
Silver Apparels Industries has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 6 overdue payments to 4 micro and small suppliers. The latest return was filed on 23 Nov 2019.
The registered office of Silver Apparels Industries is at 1 R N Mukherjee Road 5th Floor Room No. 52, Kolkata, West Bengal, India – 700001.
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