About Silver Spark Apparel Limited
Data last updated: 17 February 2026
Silver Spark Apparel Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Raymond Limited. It specialises in formal and business wear, a part of the broader fashion and textiles sector. Incorporated on 20 July 2000, the company has been in operation for over 26 years.
Registered with ROC Mumbai under CIN U72900MH2000PLC127831.
Capital: an authorised share capital of ₹50 Cr and a paid-up capital of ₹8.96 Cr. It is led by directors including Vishal Pratap Singh Bist and Krishnan Ashwath Narayan.
Last AGM: 24 September 2025. Financial statements filed for year ended 31 March 2024. Office: New Hind Housenarottam Morarjee Marg Ballard Estate, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,027.55 Cr, a growth of 9% compared to the previous year.
The company has a workforce of approximately 3,768 employees as per the latest available data. It operates as a subsidiary of Raymond Limited.
The company is associated with 1 brand - Raymond. As per MCA filings, the company has open charges of ₹298.94 Cr and satisfied charges of ₹103.4 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 raymond.in.
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Registered AddressNew Hind Housenarottam Morarjee Marg Ballard Estate, Mumbai, Maharashtra, India – 400001
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IndustryFashion and Textile, Formal & Business Wear
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Silver Spark Apparel Limited
Silver Spark Apparel Limited operates one associated brand: Raymond. These brands represent Silver Spark Apparel Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Casual wear for men and women is offered by Raymond. | raymond.in |
Competitors & Alternatives of Silver Spark Apparel Limited
Brands and companies operating in the same space as Silver Spark Apparel Limited include Inditex, Hopscotch, Bewakoof and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Inditex
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Retailer of fashion products | Arteixo, Spain, Spain | 1974 |
Hopscotch
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Apparel and accessories for children are provided online. | Thane, India, India | 2012 |
Bewakoof
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Multi-category fashion products are sold by an internet-first brand. | Mumbai, India, India | 2011 |
American Eagle Outfitters
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Multi-category fashion products for men and women are offered. | Pittsburgh, United States, United States | 1977 |
Styched
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Multi-category fashion for men and women is offered online. | Bengaluru, India, India | 2019 |
Levi Strauss
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Brand of fashion apparel for men and women | San Francisco, United States, United States | 1853 |
Max Fashion
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Internet first brand of clothing, footwear, and accessories for women, men, and kids | Bengaluru, India, India | 2006 |
Be Young
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Everyday fashion apparel, accessories, and combo options are retailed. | Udaipur, India, India | 2017 |
Business Activity of Silver Spark Apparel Limited
Silver Spark Apparel Limited is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details for Silver Spark Apparel Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Silver Spark Apparel Limited
Silver Spark Apparel Limited is audited by Chaturvedi & Shah LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Chaturvedi & Shah LLP | Locked | Locked | Locked |
Complete auditor history for Silver Spark Apparel Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Silver Spark Apparel Limited
Silver Spark Apparel Limited is currently managed by 5 directors, with 18 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Vishal Pratap Singh Bist
Also directs:
Celebrations Apparel Limited
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Director | 03 May 2021 | 5 Years 3 Months | Current |
| Krishnan Ashwath Narayan | Director | 08 Feb 2021 | 5 Years 6 Months | Current |
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Rashmi Brijgopal Mundada
Also directs:
Raymond Limited, Raymond Luxury Cottons Limited, Jk Maini Precision Technology Limited and 3 more
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Director | 16 Mar 2018 | 8 Years 4 Months | Current |
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Amit Srivastava
Also directs:
Ray Global Consumer Products Limited, Celebrations Apparel Limited
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Director | 02 Mar 2023 | 3 Years 5 Months | Current |
| Manish Bharati | Director | 02 Mar 2023 | 3 Years 5 Months | Current |
Financials of Silver Spark Apparel Limited FY 2024 filings available
Silver Spark Apparel Limited reported revenue of ₹1,027.55 Cr (up 9.00% YoY) for FY 2024.
Ten-year financial statements for Silver Spark Apparel Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Silver Spark Apparel Limited
Shareholding and ownership data for Silver Spark Apparel Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Silver Spark Apparel Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2024 | Others | ₹100 Cr | Open |
| 04 Jul 2023 | Yes Bank Limited | ₹50 Cr | Open |
| 15 Dec 2021 | Others | ₹75 Cr | Open |
| 31 Mar 2021 | Hdfc Bank Limited | ₹8.46 Cr | Open |
| 31 Dec 2004 | Hdfc Bank Limited | ₹65.48 Cr | Open |
Total charge records: 10 View all charges
Employees and EPFO Compliance at Silver Spark Apparel Limited
Silver Spark Apparel Limited has a workforce of 3,768 employees as of Mar 30, 2024.
Employee and EPFO history for Silver Spark Apparel Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Silver Spark Apparel Limited
GST registrations and filing compliance for Silver Spark Apparel Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Silver Spark Apparel Limited
Credit ratings, litigation, and regulatory alerts for Silver Spark Apparel Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Silver Spark Apparel Limited
MSME payment history for Silver Spark Apparel Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Silver Spark Apparel Limited
Corporate group structure for Silver Spark Apparel Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Silver Spark Apparel Limited
MCA filings and documents for Silver Spark Apparel Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Silver Spark Apparel Limited
Recent News on Silver Spark Apparel Limited
Frequently Asked Questions about Silver Spark Apparel Limited
Silver Spark Apparel Limited is an active public limited company in the fashion and textile sector based in Mumbai, Maharashtra, India. It was incorporated on 20 July 2000 (26+ years old) and is registered under CIN U72900MH2000PLC127831. The company has 3,768 employees.
Silver Spark Apparel Limited reported revenue of ₹1,027.55 Cr for FY 2024 (up 9.00% YoY).
The current directors of Silver Spark Apparel Limited are:
- Vishal Pratap Singh Bist - Director
- Krishnan Ashwath Narayan - Director
- Rashmi Brijgopal Mundada - Director
- Amit Srivastava - Director
- Manish Bharati - Director
The primary industry of Silver Spark Apparel Limited is fashion and textile. The company specifically operates in formal and business wear. The company is currently active in this sector.
Silver Spark Apparel Limited can be reached at the registered office: New Hind Housenarottam Morarjee Marg Ballard Estate, Mumbai, Maharashtra, India – 400001, or through the website raymond.in.
The authorised capital is ₹50 Cr, and the paid-up capital is ₹8.96 Cr.