About Silver Finance Solutions Private Limited
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Silver Finance Solutions Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 29 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U65910MP2015PTC034502.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.5 Cr. It is led by directors including Pawan Agrawal and Nirmal Agrawal.
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 196 Vindhyachal Nagar, Indore, Madhya Pradesh, India – 452002.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.48 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹4.17 Cr (net margin 39.7%) and EBITDA of ₹8.7 Cr (EBITDA margin 82.9%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 43% over five years.
As per MCA filings, the company has open charges of ₹13.75 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 silverfinance.in.
Company details
Contact details
Silver Finance Solutions Private Limited's registered office is in Indore, Madhya Pradesh. Its website is silverfinance.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address196 Vindhyachal Nagar, Indore, Madhya Pradesh, India – 452002
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Silver Finance Solutions 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
Business activity
The main business activity of Silver Finance Solutions is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Silver Finance Solutions Private Limited, buy the company report.
Financials of Silver Finance Solutions Private Limited
FY 2025 filings availableSilver Finance Solutions Private Limited reported revenue of ₹10.48 Cr (up 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 13% growth in the latest year. EBITDA rose 14% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹8.7 Cr | ||||
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| Net Profit (PAT) | ₹4.17 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 82.9% | ||||
| Net Profit Margin | 39.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Silver Finance Solutions Private Limited, buy the company report.
Board of directors of Silver Finance Solutions Private Limited
Silver Finance Solutions has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawan Agrawal Also directs: Jhabua Motor Transport Private Limited | Director | 29 Jul 2015 | 11 Years 3 Months | Current |
| Nirmal Agrawal | Director | 29 Jul 2015 | 11 Years 3 Months | Current |
| Aditya Agrawal | Director | 30 Oct 2023 | 3 Years 0 Months | Current |
| Santosh Parwal | Director | 04 Oct 2018 | 8 Years 0 Months | Current |
| Kamal Agrawal | Director | 29 Jul 2015 | 11 Years 3 Months | Current |
Peer comparison
Silver Finance Solutions Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Urban Infraventures Private Limited | ₹10.5 Cr (FY 2025) | 86.0% | New Delhi, Delhi, India | |||
| Migsun Finance Limited | ₹10.5 Cr (FY 2024) | 146.0% | Delhi, India | |||
| Mesco Marketing Pvt. Ltd. | ₹10.49 Cr (FY 2025) | 34.0% | Kolkata, West Bengal, India | |||
| Silver Finance Solutions Private Limitedthis company | ₹10.48 Cr (FY 2024) | ₹4.17 Cr | 39.7% | 13.0% | Indore, Madhya Pradesh, India | |
| Ibm Finance and Investment Private Limited | ₹10.47 Cr (FY 2025) | 151.0% | Kolkata, West Bengal, India | |||
| Munjal Investments Pvt Ltd | ₹10.45 Cr (FY 2025) | 37.0% | Punjab, India | |||
| Chinmaya Finance Capital Private Limited | ₹10.45 Cr (FY 2025) | 15.0% | Madurai, Tamil Nadu, India | |||
| Minix Holdings Private Limited | ₹10.44 Cr (FY 2025) | 23.0% | Valsad, Gujarat, India |
To see the full peer comparison of Silver Finance Solutions Private Limited, buy the company report.
Auditor
Silver Finance Solutions Private Limited is audited by HARISH KHANDELWAL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARISH KHANDELWAL & CO | FY 2023 | 004116C |
Shareholding
The shareholding of Silver Finance Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Silver Finance Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2025 | 101165812 | City Union Bank Limited | ₹5 Cr | Open | |
| 15 May 2025 | 101103844 | City Union Bank Limited | ₹4.8 Cr | Open | |
| 27 Aug 2024 | 100977730 | City Union Bank Limited | ₹2.6 Cr | Open | |
| 07 Dec 2022 | 100667177 | State Bank of India | ₹1.35 Cr | Open |
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Silver Finance Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Silver Finance Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Silver Finance Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Silver Finance Solutions Private Limited has 8 board changes on record since 2015: 5 appointments and 3 cessations. The latest: Aditya Agrawal ceased to be Additional Director on 29 Sep 2024.
3 earlier events are in the company report.
Frequently asked questions
Silver Finance Solutions is an active private limited company based in Indore, Madhya Pradesh, India. The company works in nbfc, within the financial services industry. It was incorporated on 29 July 2015 (11+ years old) and is registered under CIN U65910MP2015PTC034502.
Silver Finance Solutions has 5 current directors:
- Pawan Agrawal - Director
- Nirmal Agrawal - Director
- Aditya Agrawal - Director
- Santosh Parwal - Director
- Kamal Agrawal - Director
The latest financial statements of Silver Finance Solutions 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 FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Silver Finance Solutions is U65910MP2015PTC034502. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silver Finance Solutions was incorporated on 29 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Silver Finance Solutions by revenue are Urban Infraventures Private Limited, Migsun Finance Limited, Mesco Marketing Pvt. Ltd, Ibm Finance and Investment Private Limited, Munjal Investments Pvt Ltd and 2 more, all in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Aditya Agrawal ceased to be Additional Director on 29 Sep 2024. Aditya Agrawal was appointed as Director on 30 Oct 2023. Vijay Kumar Jain ceased to be Director on 18 Apr 2021. Silver Finance Solutions has 8 board changes on record in total.
Silver Finance Solutions can be reached through the website silverfinance.in. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Silver Finance Solutions is at 196 Vindhyachal Nagar, Indore, Madhya Pradesh, India – 452002.
Silver Finance Solutions operates in the financial services industry, in the nbfc segment.
Silver Finance Solutions has open charges of ₹13.75 Cr and no satisfied charges on record as per latest MCA filings.
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