About Silver Forge Private Limited
Data last updated:
Silver Forge Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 04 August 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27109GJ2004PTC044555. Its GSTIN is 24AAICS3609N1Z2 (Gujarat).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It is led by directors including Mansukhbhai Premjibhai Sorathiya (Whole-Time Director) and Pursottam Vallabhbhai Sakariya (Whole-Time Director).
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 Plot No 2336/37 B/H Orbitbearing G I D C Lodhika Village Metoda Kalawad Road, Rajkot, Gujarat, India – 360035.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.47 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹23.48 Lakh (net margin 1%) and EBITDA of ₹1.08 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 7% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Silver Forge. As per MCA filings, the company has open charges of ₹10.04 Cr and satisfied charges of ₹2.06 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website silverforgeindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No 2336/37 B/H Orbitbearing G I D C Lodhika Village Metoda Kalawad Road, Rajkot, Gujarat, India – 360035
- IndustryManufacturing, Die Casting & Metal Forming
- 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 Silver Forge Private Limited
The main business activity of Silver Forge is manufacturing. In detail, this covers metal and metal products and plastic products, non-metallic mineral products, rubber products, fabricated metal products. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | 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 Silver Forge Private Limited FY 2025 filings available
Silver Forge Private Limited reported revenue of ₹22.47 Cr (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Silver Forge Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 11% growth in the latest year. EBITDA rose 20% 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 Silver Forge 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 | ₹1.08 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹23.48 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 Silver Forge Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1% | •••• | •••• | •••• | •••• |
| 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 Silver Forge 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 Silver Forge Private Limited
Silver Forge Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Die Casting). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Infinity Manufacturing Company Private Limited | •••• | •••• | •••• | •••• | 105 | Coimbatore, Tamil Nadu, India |
| Nandratan Foundry and Engineering Works Pvt Ltd | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Patel Technocast Private Limited | •••• | •••• | •••• | •••• | - | Kalol, Gujarat, India |
| Mahavir Castings Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Century Engineering Company Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Silver Forge Private Limited this company | •••• | •••• | •••• | •••• | - | Rajkot, Gujarat, India |
| Shri Balaji Iron Casting Private Limited | •••• | •••• | •••• | •••• | - | Amberpet, Telangana, India |
| Precon Technology and Castings Limited | •••• | •••• | •••• | •••• | 31 | New Delhi, Delhi, India |
| Sibar Auto Parts Ltd Listed | •••• | •••• | •••• | •••• | 66 | Andhra Pradesh, India |
| Amik Metals Private Limited | •••• | •••• | •••• | •••• | 16 | Kolkata, West Bengal, India |
| JRN Foundry Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Silver Forge by revenue in the Manufacturing industry (Die Casting), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Silver Forge Private Limited
Silver Forge Private Limited is audited by CA Sunil Vasoya for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CA Sunil Vasoya | 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 Silver Forge Private Limited
Silver Forge has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Zenith Bipinchandra Khoyani | Director | 21 Jun 2021 | 5 Years 3 Months | Current |
| Ankit Bhaveshbhai Khoyani Also directs: Pollen Forge LLP | Director | 13 Dec 2019 | 6 Years 9 Months | Current |
| Mansukhbhai Premjibhai Sorathiya | Whole-Time Director | 04 Aug 2004 | 22 Years 2 Months | Current |
| Pursottam Vallabhbhai Sakariya | Whole-Time Director | 04 Aug 2004 | 22 Years 2 Months | Current |
Ownership and Shareholding of Silver Forge 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 Silver Forge Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Feb 2025 | Others | ₹1 Cr | Open |
| 20 Oct 2016 | Others | ₹9.04 Cr | Open |
| 01 Mar 2008 | Hdfc Bank Ltd | ₹4.23 Lakh | Satisfied |
| 08 Feb 2008 | Hdfc Bank Ltd | ₹4.23 Lakh | Satisfied |
| 02 Nov 2004 | Bank of India | ₹1.98 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Silver Forge Private Limited
Silver Forge Private Limited has 4 court cases on record: 1 filed by Silver Forge, 3 filed against it. All cases are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (SMST R) | Filed by the company against Neutron Precision Private Limited | Disposed |
| District court, RAJKOT, Gujarat | Court case (REFER-T-LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (REFER-T-LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (REFER-T-LC) | Filed against the company by an individual | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Silver Forge Private Limited
Silver Forge Private Limited has 9 MSME Form 1 returns on record between 2019 and 2022, listing 54 overdue payments to 28 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 (5 of 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Robin Precision Products Private Limited | •••• | •••• | •••• |
| Sun CNC Service | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Ganesh Enterprise | •••• | •••• | •••• |
| Balaji Heattreatment | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 9 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Silver Forge Private Limited
Silver Forge operates one associated brand: Silver Forge. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures forged and machined parts for automotive and industrial sectors. | silverforgeindia.com |
Employees and EPFO Compliance at Silver Forge Private Limited
Silver Forge Private Limited has a workforce of 22 employees as of Apr 07, 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.
Recent Activity on Silver Forge Private Limited
Silver Forge Private Limited has 6 board changes on record since 2004: 4 appointments and 2 cessations. The latest: Zenith Bipinchandra Khoyani was appointed as Director on 21 Jun 2021.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Silver Forge 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.
Subsidiaries & Group Companies of Silver Forge 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 Silver Forge Private Limited
Silver Forge has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICS3609N1Z2 | Gujarat | Active | 01 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 Silver Forge 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 Silver Forge Private Limited
Silver Forge is an active private limited company based in Rajkot, Gujarat, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 04 August 2004 (22+ years old) and is registered under CIN U27109GJ2004PTC044555.
Silver Forge reported revenue of ₹22.47 Cr for FY 2024 (up 11% YoY).
Silver Forge has 4 current directors:
- Mansukhbhai Premjibhai Sorathiya - Whole-Time Director
- Pursottam Vallabhbhai Sakariya - Whole-Time Director
- Zenith Bipinchandra Khoyani - Director
- Ankit Bhaveshbhai Khoyani - Director
Silver Forge reported a net profit of ₹23.48 Lakh (net margin 1%) and EBITDA of ₹1.08 Cr (EBITDA margin 4.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Silver Forge is 25% over three years and 7% over five years. In the latest year (FY 2024) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Silver Forge is 24AAICS3609N1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Silver Forge is U27109GJ2004PTC044555. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silver Forge has 4 court cases on record: 1 filed by the company and 3 filed against it.
Silver Forge was incorporated on 04 August 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Silver Forge by revenue are Infinity Manufacturing Company Private Limited, Nandratan Foundry and Engineering Works Pvt Ltd, Patel Technocast Private Limited, Mahavir Castings Private Limited, Century Engineering Company Private Limited and 5 more, all in the Manufacturing industry (Die Casting).
Zenith Bipinchandra Khoyani was appointed as Director on 21 Jun 2021. Bipin Nathalal Khoyani ceased to be Whole-Time Director on 09 May 2021. Ankit Bhaveshbhai Khoyani was appointed as Director on 13 Dec 2019. Silver Forge has 6 board changes on record in total.
Silver Forge has 9 MSME Form 1 returns on record between 2019 and 2022, listing 54 overdue payments to 28 micro and small suppliers. The latest return was filed on 04 Nov 2022.