MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0080486
Silver Palace Pvt Ltd
Silver Palace Pvt Ltd - consumer goods in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹16.13 Cr
▲ 1% YoY
Net profit · FY 2025
₹45.68 Lakh
Net margin 2.8%
EBITDA · FY 2025
₹2.28 Cr
EBITDA margin 14.1%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹14.93 Lakh
Issued & subscribed
Open charges
₹5.95 Cr
Secured borrowings
Company age
31 yrs
Est. 1995
Directors on board
3
As per MCA filings
About Silver Palace Pvt Ltd
Data last updated:
Silver Palace Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 04 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17219GJ1995PTC026600. Its GSTIN is 24AACCS9615C1ZL (Gujarat).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹14.93 Lakh. It is led by directors including Basantkumar Gaurishankar Agarwal and Ramgopal Mohanlal Khetan.
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 16 Mardia Plaza C.G. Road, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.13 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹45.68 Lakh (net margin 2.8%) and EBITDA of ₹2.28 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹5.95 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Silver Palace Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0080486). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17219GJ1995PTC026600
Registration Number 026600
Incorporation Date 04 July 1995
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-01-0080486
Key People
Basantkumar Gaurishankar Agarwal Director Ramgopal Mohanlal Khetan Director Deepak Ramgopal Khetan Director Recognitions & Rankings of Silver Palace
Contact details
Silver Palace Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address16 Mardia Plaza C.G. Road, Ahmedabad, Gujarat, India – 380006
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Silver Palace Pvt Ltd, buy the company report.
Comprehensive company report
Silver Palace Pvt Ltd - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Silver Palace is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Silver Palace Pvt Ltd, buy the company report.
Financials of Silver Palace Pvt Ltd
FY 2025 filings availableSilver Palace Pvt Ltd reported revenue of ₹16.13 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹16.13 Cr ▲ 1%
Net profit · FY 2025
₹45.68 Lakh margin 2.8%
EBITDA · FY 2025
₹2.28 Cr margin 14.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 1%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 22%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 1% growth in the latest year. EBITDA rose 39% 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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| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹45.68 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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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.1% | ||||
| Net Profit Margin | 2.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Palace Pvt Ltd, buy the company report.
Board of directors of Silver Palace Pvt Ltd
Silver Palace 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 |
|---|---|---|---|---|
| Basantkumar Gaurishankar Agarwal | Director | 04 Jul 1995 | 31 Years 3 Months | Current |
| Ramgopal Mohanlal Khetan | Director | 04 Jul 1995 | 31 Years 3 Months | Current |
| Deepak Ramgopal Khetan | Director | 19 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Silver Palace Pvt Ltd is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems 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 |
|---|---|---|---|---|---|---|
| Laxmikant Jewellers Private Limited | ₹16.27 Cr (FY 2025) | -31.0% | Delhi, India | |||
| Silver Palace Pvt Ltdthis company | ₹16.13 Cr (FY 2025) | ₹45.68 Lakh | 2.8% | 1.0% | Ahmedabad, Gujarat, India | |
| Slkmd Jewels Private Limited | ₹16.01 Cr (FY 2023) | 5.0% | Aligarh, Uttar Pradesh, India | |||
| RNC Designs Private Limited | ₹15.95 Cr (FY 2023) | 170.0% | Mumbai, Maharashtra, India | |||
| Manik Chand Jewellers Private Limited | ₹15.95 Cr (FY 2024) | 9.0% | Guwahati, Assam, India |
To see the full peer comparison of Silver Palace Pvt Ltd, buy the company report.
Auditor
Silver Palace Pvt Ltd is audited by PGT & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PGT & Associates | FY 2023 | 116277W |
Shareholding
The shareholding of Silver Palace Pvt Ltd 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 Palace Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹5.95 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2018 | 100170215 | Hdfc Bank Limited | ₹2.2 Cr | Open | |
| 27 Nov 2017 | 100155532 | Hdfc Bank Limited | ₹2.5 Cr | Open | |
| 08 Sep 2008 | 10121736 | Hdfc Bank Limited | ₹1.25 Cr | Open |
To see the full charge records of Silver Palace Pvt Ltd, buy the company report.
Total charge records: 3 View all charges
Legal cases
Silver Palace Pvt Ltd has 1 court case on record: 1 filed by Silver Palace. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Disposed |
To see the full case history of Silver Palace Pvt Ltd, 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
No delayed payments to MSME suppliers are on our record for Silver Palace Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Silver Palace has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCS9615C1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Silver Palace Pvt Ltd, buy the company report.
Recent activity
Silver Palace Pvt Ltd has 5 board changes on record since 1995: 3 appointments and 2 cessations. The latest: Deepak Ramgopal Khetan was appointed as Director on 19 Dec 2024.
AGM
Silver Palace Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Silver Palace Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Deepak Ramgopal Khetan was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 220.00 Lakh with Charge ID 100170215 was registered on 19 Mar 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 250.00 Lakh with Charge ID 100155532 was registered on 27 Nov 2017.
Charges
A charge with Hdfc Bank Limited of Rs. 125.00 Lakh registered on 08 Sep 2008 with Charge ID 10121736 was modified on 30 Aug 2010.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 125.00 Lakh with Charge ID 10121736 was registered on 08 Sep 2008.
Ceased
Agarwal Shrikrishan Narayanprasad ceased to be Director.
Ceased
Aggarwal Shriniwas ceased to be Director.
Appointed
Basantkumar Gaurishankar Agarwal was appointed as Director.
Appointed
Ramgopal Mohanlal Khetan was appointed as Director.
Incorporation
04 Jul 1995
Silver Palace Pvt Ltd was registered on 04 Jul 1995 with Roc Ahmedabad & aged 31 years 3 months as per MCA records.
Frequently asked questions
Silver Palace is an active private limited company based in Ahmedabad, Gujarat, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 04 July 1995 (31+ years old) and is registered under CIN U17219GJ1995PTC026600.
Silver Palace has 3 current directors:
- Basantkumar Gaurishankar Agarwal - Director
- Ramgopal Mohanlal Khetan - Director
- Deepak Ramgopal Khetan - Director
The latest financial statements of Silver Palace 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 Palace is 24AACCS9615C1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Silver Palace is U17219GJ1995PTC026600. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silver Palace has 1 court case on record: 1 filed by the company.
Silver Palace was incorporated on 04 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Silver Palace by revenue are Laxmikant Jewellers Private Limited, Slkmd Jewels Private Limited, RNC Designs Private Limited, Manik Chand Jewellers Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Deepak Ramgopal Khetan was appointed as Director on 19 Dec 2024. Agarwal Shrikrishan Narayanprasad ceased to be Director on 30 Jun 2008. Aggarwal Shriniwas ceased to be Director on 30 Jun 2008. Silver Palace has 5 board changes on record in total.
Yes, Silver Palace is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0080486).
The registered office of Silver Palace is at 16 Mardia Plaza C.G. Road, Ahmedabad, Gujarat, India – 380006.