- #1,482 Mridu Hari Dalmia & family ₹1,400 Cr

Silver Stone Developers Private Limited
About Silver Stone Developers Private Limited
Data last updated:
Silver Stone Developers Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Banyan Real Estate Fund. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 29 July 2005 and has been in existence for over 21 years.
Its director Mridu Hari Dalmia and family are #1,482 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45201DL2005PTC139168.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹22.23 Cr. It is led by directors Aryaman Hari Dalmia and Mridu Hari Dalmia.
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 11th Floor Narain Manzil 23 Barakhabba Road, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹271.6 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹149.95 Cr (net margin 55.2%) and EBITDA of ₹203.08 Cr (EBITDA margin 74.8%). Revenue has grown at a compounded annual rate (CAGR) of 273% over five years.
Court records list 6 cases involving the company, including 6 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Silver Stone Developers
Contact details
Silver Stone Developers Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address11th Floor Narain Manzil 23 Barakhabba Road, New Delhi, Delhi, India – 110001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Silver Stone Developers 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 Stone Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
Financials of Silver Stone Developers Private Limited
FY 2025 filings availableSilver Stone Developers Private Limited reported revenue of ₹271.6 Cr (up 14662% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 273% over five years. 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 |
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| EBITDA | ₹203.08 Cr | ||||
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| Net Profit (PAT) | ₹149.95 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 74.8% | ||||
| Net Profit Margin | 55.2% | ||||
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To see the full financial statements and ratios of Silver Stone Developers Private Limited, buy the company report.
Board of directors of Silver Stone Developers Private Limited
Silver Stone Developers has 2 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aryaman Hari Dalmia Also directs: Dalmia Family Holdings LLP | Additional Director | 10 Mar 2025 | 1 Years 8 Months | Current |
| Mridu Hari Dalmia Also directs: Dalmia Family Holdings LLP, Dalmia Principal Strategies LLP | Additional Director | 10 Mar 2025 | 1 Years 8 Months | Current |
Auditor
Silver Stone Developers Private Limited is audited by H K KOTWALIA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H K KOTWALIA & CO | FY 2022 | 015187N |
Shareholding
The shareholding of Silver Stone Developers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Silver Stone Developers Private Limited, buy the company report.
Legal cases
Silver Stone Developers Private Limited has 6 court cases on record: 6 filed against it. 5 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 6 | 6 | 5 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by Tanamera Developments Private Limited Through Authorized Representative Mr. Vipul Kumar and 11 others | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Vipul Ltd. and 4 others | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Karamchand Realtech Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by Karamchand Realtech Private Limited | Pending |
| NCLAT, Court II | Tribunal matter | Filed against the company by Vipul Ltd. and 1 other | Disposed |
To see the full case history of Silver Stone Developers 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Silver Stone Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Silver Stone Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Silver Stone Developers Private Limited has 20 board changes on record since 2007: 2 appointments and 18 cessations. The latest: Aryaman Hari Dalmia was appointed as Additional Director on 10 Mar 2025.
11 earlier events are in the company report.
Frequently asked questions
Silver Stone Developers is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 29 July 2005 (21+ years old) and is registered under CIN U45201DL2005PTC139168.
Silver Stone Developers has 2 current directors:
- Aryaman Hari Dalmia - Additional Director
- Mridu Hari Dalmia - Additional Director
The latest financial statements of Silver Stone Developers 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 CIN (Corporate Identification Number) of Silver Stone Developers is U45201DL2005PTC139168. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silver Stone Developers has 6 court cases on record: 6 filed against it. 5 are pending.
Silver Stone Developers was incorporated on 29 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
Aryaman Hari Dalmia was appointed as Additional Director on 10 Mar 2025. Mridu Hari Dalmia was appointed as Additional Director on 10 Mar 2025. Nishi Talwar ceased to be Company Secretary on 20 Nov 2023. Silver Stone Developers has 20 board changes on record in total.
The registered office of Silver Stone Developers is at 11th Floor Narain Manzil 23 Barakhabba Road, New Delhi, Delhi, India – 110001.
Silver Stone Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Silver Stone Developers is compliant as of 23 September 2026. The company is actively filing with the Registrar of Companies.

