Silver Proteins Private Limited
About Silver Proteins Private Limited
Data last updated:
Silver Proteins Private Limited is a private limited company based in Jamnagar, Gujarat, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the seed production and distribution segment of the agriculture sector. It was incorporated on 02 June 1999.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15142GJ1999PTC036082. Its GSTIN is 24AADCS9209B1ZO (Gujarat).
The company has an authorised share capital of ₹3.1 Cr and a paid-up capital of ₹3.1 Cr. It is led by directors Jamnadas Veljibhai Domadia and Himanshu Jamanbhai Domadia.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at C/O – Kiran Oil Mill Bedi Road Develiya Chali, Jamnagar, Gujarat, India – 361008.
As per the financials filed for FY 2019, the company reported a revenue of ₹11.99 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹83.54 Lakh (net margin -7%) and EBITDA of -₹67.74 Lakh (EBITDA margin -5.6%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
As per MCA filings, the company has open charges of ₹19.13 Cr on record. Court records list 15 cases involving the company, including 12 filed by the company and 3 filed against it; 1 case is pending.
Company details
Contact details
Silver Proteins Private Limited's registered office is in Jamnagar, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressC/O – Kiran Oil Mill Bedi Road Develiya Chali, Jamnagar, Gujarat, India – 361008
- IndustryAgriculture, Seed Production & Distribution, Agri Support Services
To see the full contact details of Silver Proteins 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 Proteins is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Silver Proteins Private Limited, buy the company report.
Financials of Silver Proteins Private Limited
FY 2019 filings availableSilver Proteins Private Limited reported revenue of ₹11.99 Cr (down 16% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 16% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 586% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11.99 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹67.74 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹83.54 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.6% | ||||
| Net Profit Margin | -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 | |||||
To see the full financial statements and ratios of Silver Proteins Private Limited, buy the company report.
Board of directors of Silver Proteins Private Limited
Silver Proteins has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jamnadas Veljibhai Domadia Also directs: Mahendra Oil Cake Industries Pvt Ltd, Vijay Proteins Ltd | Director | 02 Jun 1999 | 27 Years 4 Months | As last reported |
| Himanshu Jamanbhai Domadia Also directs: Mahendra Oil Cake Industries Pvt Ltd | Director | 01 Jan 2000 | 26 Years 10 Months | As last reported |
Auditor
Silver Proteins Private Limited is audited by SARDA & SARDA for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SARDA & SARDA | FY 2019 | 109264W |
Shareholding
The shareholding of Silver Proteins Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Silver Proteins Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2003 | 90111715 | Central Bank of India | ₹19.13 Cr | Open |
To see the full charge records of Silver Proteins Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Silver Proteins Private Limited has 15 court cases on record: 12 filed by Silver Proteins, 3 filed against it. 1 case is pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 12 | 0 | 0 |
| High courts | 2 | 2 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against M/S. Mahendra Oil Cake Industries Private Limited and 3 others | Disposed |
| High Court, GUJARAT | Court case (CR.A) | Filed against the company by State of Gujarat - Thro' D.A.Naik, Food Inspector | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Central Bank of India | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against individuals | Disposed |
To see the full case history of Silver Proteins 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.
Credit ratings & regulatory alerts
Silver Proteins Private Limited was last rated by Crisil on 31 Aug 2016.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Aug 2016 |
To see the full credit ratings and regulatory alerts of Silver Proteins Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Silver Proteins Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Silver Proteins Private Limited has 1 active EPFO establishment as of Mar 31, 2024.
GST
Silver Proteins has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS9209B1ZO | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Silver Proteins Private Limited, buy the company report.
Recent activity
Silver Proteins Private Limited has 3 board changes on record since 1999: 2 appointments and 1 cessation. The latest: Natwarlal Narshibhai Domadia ceased to be Director on 26 Dec 2013.
Frequently asked questions
Silver Proteins is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Silver Proteins is a company under liquidation, formerly operating as a private limited company based in Jamnagar, Gujarat, India. The company works in seed production and distribution, within the agriculture industry. It was incorporated on 02 June 1999 and is registered under CIN U15142GJ1999PTC036082. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Silver Proteins has 2 current directors:
- Jamnadas Veljibhai Domadia - Director
- Himanshu Jamanbhai Domadia - Director
The latest financial statements of Silver Proteins on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Silver Proteins is U15142GJ1999PTC036082. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silver Proteins has open charges of ₹19.13 Cr and no satisfied charges on record as per latest MCA filings.
Silver Proteins has 15 court cases on record: 12 filed by the company and 3 filed against it. 1 is pending. Most are in the nclt.
Silver Proteins was incorporated on 02 June 1999. It is registered with the Registrar of Companies, Ahmedabad.
Natwarlal Narshibhai Domadia ceased to be Director on 26 Dec 2013. Himanshu Jamanbhai Domadia was appointed as Director on 01 Jan 2000. Jamnadas Veljibhai Domadia was appointed as Director on 02 Jun 1999.
The registered office of Silver Proteins is at CO – Kiran Oil Mill Bedi Road Develiya Chali, Jamnagar, Gujarat, India – 361008.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
