Silver Quest (India) LLP - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
LLPIN AAI-1612 Incorporated 03 January 2017 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Limited Liability Partnership consumer goods
Data last updated
Revenue · FY 2023
₹40.38 Lakh
▼ 52% YoY
Net profit · FY 2023
₹22.73 Lakh
Net margin 56.3%
EBITDA · FY 2023
-₹30.52 Lakh
EBITDA margin -75.6%
Contribution obligation
₹1.04 Cr
As per LLP agreement
LLP age
9 yrs
Est. 2017
Designated partners
3
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2025
Balance sheet date

About Silver Quest (India) LLP

Data last updated:

Silver Quest (India) LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 03 January 2017 and has been in existence for over 9 years.

The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAI-1612. Its GSTIN is 27ADHFS2380K1ZP (Maharashtra).

The LLP has a total obligation of contribution of ₹1.04 Cr. It is led by designated partners including Ajaykumar Satyanarayan Sarawgi and Prashant Vijaykumar Sarawgi.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 3 Shiv Smriti Chambers 49A Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹40.38 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net profit of ₹22.73 Lakh (net margin 56.3%) and EBITDA of -₹30.52 Lakh (EBITDA margin -75.6%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 1% over five years.

Court records list 1 case involving the LLP, including 1 filed by the LLP.

Company details

LLPIN AAI-1612
Incorporation Date 03 January 2017
Total Obligation of Contribution ₹1.04 Cr
ROC Mumbai
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025

Contact details

Silver Quest (India) LLP's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    3 Shiv Smriti Chambers 49A Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018
  • Industry
    Consumer Goods, Watches & Jewelry Manufacturing

To see the full contact details of Silver Quest (India) LLP, buy the company report.

Comprehensive company report
Silver Quest (India) LLP - 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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Financials of Silver Quest (India) LLP

FY 2025 filings available

Silver Quest (India) LLP reported revenue of ₹40.38 Lakh (down 52% YoY) for FY 2023.

Revenue · FY 2023
₹40.38 Lakh ▼ 52%
Net profit · FY 2023
₹22.73 Lakh margin 56.3%
EBITDA · FY 2023
-₹30.52 Lakh margin -75.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 52%
3 years · compounded
▼ 6%
5 years · compounded
▼ 1%

Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 52% fall 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

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Income and Expenditure
Turnover
Other Income
Total Income₹40.38 Lakh
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax₹22.73 Lakh
Profit Transferred to Partners
Assets and Liabilities
Partners' Contribution
Reserves and Surplus
Secured Loans
Unsecured Loans
Trade Payables
Other Liabilities and Provisions
Total Liabilities
Fixed Assets
Investments
Loans and Advances
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
Net Profit Margin56.3%
Return on Partners' Funds
Return on Assets
Liquidity and Debt
Current Ratio
Debt to Partners' Funds
Interest Coverage
Efficiency and Growth
Asset Turnover
Receivable Days
Turnover Growth
Profit Growth

To see the full financial statements and ratios of Silver Quest (India) LLP, buy the company report.

Designated partners of Silver Quest (India) LLP

Silver Quest (India) has 3 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Ajaykumar Satyanarayan SarawgiDesignated Partner03 Jan 20179 Years 10 MonthsCurrent
Prashant Vijaykumar SarawgiDesignated Partner03 Jan 20179 Years 10 MonthsCurrent
Manisha GoenkaPartner01 Aug 20242 Years 3 MonthsCurrent

MSME payment delays

No delayed payments to MSME suppliers are on our record for Silver Quest (India) LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Silver Quest (India) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27ADHFS2380K1ZPMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Silver Quest (India) LLP, buy the company report.

Recent activity

Silver Quest (India) LLP has 4 designated partner changes on record since 2017: 3 appointments and 1 cessation. The latest: Manisha Goenka was appointed as Partner on 01 Aug 2024.

AGM
Silver Quest (India) Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Silver Quest (India) Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Manisha Goenka was appointed as Partner.
Ceased
Vijaykumar Satyanarayan Sarawgi ceased to be Partner.
Appointed
Ajaykumar Satyanarayan Sarawgi was appointed as Designated Partner.
Appointed
Prashant Vijaykumar Sarawgi was appointed as Designated Partner.
Incorporation
03 Jan 2017
Silver Quest (India) Llp was registered on 03 Jan 2017 with Roc Mumbai & aged 9 years 10 months as per MCA records.

Frequently asked questions

Silver Quest (India) is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 03 January 2017 (9+ years old) and is registered under LLPIN AAI-1612.

Silver Quest (India) has 3 current designated partners:

The latest financial statements of Silver Quest (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Silver Quest (India) is 27ADHFS2380K1ZP, registered in Maharashtra.

The LLPIN (Limited Liability Partnership Identification Number) of Silver Quest (India) is AAI-1612. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Silver Quest (India) has 1 court case on record: 1 filed by the LLP.

Silver Quest (India) was incorporated on 03 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.

Manisha Goenka was appointed as Partner on 01 Aug 2024. Vijaykumar Satyanarayan Sarawgi ceased to be Partner on 01 Aug 2024. Ajaykumar Satyanarayan Sarawgi was appointed as Designated Partner on 03 Jan 2017. Silver Quest (India) has 4 designated partner changes on record in total.

The registered office of Silver Quest (India) is at 3 Shiv Smriti Chambers 49A Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018.

Silver Quest (India) operates in the consumer goods industry, in the watches and jewelry manufacturing segment.