About Silver Crest Clothing Private Limited
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Silver Crest Clothing Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the formal and business wear segment of the fashion and textiles sector. It was incorporated on 18 November 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18101KA1993PTC014935. Its GSTIN is 19AABCS9518D1Z9 (West Bengal). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.04 Cr. It is led by directors including Jeet Golchha (Managing Director) and Shruti Golcha (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 4E2 KIADB Industrial Area Attibele Anekal Taluk Bangalore, Karnataka, India – 562107.
As per the financials filed for FY 2025, the company reported a revenue of ₹701.04 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹63.53 Cr (net margin 9.1%) and EBITDA of ₹99.17 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 9% over five years.
The company has about 5,210 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: SilverCrest and Tailorman. As per MCA filings, the company has open charges of ₹163 Cr and satisfied charges of ₹199.27 Cr on record. Court records list 35 cases involving the company, including 29 filed by the company and 6 filed against it; 4 cases are pending. The company has 13 deals on record (13 secondary share transfers); the latest was in September 2024. Its 4 peer companies in the Apparel industry (Formal Branded Wear), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 1 larger and 3 smaller; the largest is Silver Spark Apparel Limited with revenue of ₹1,027.55 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 4 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website silvercrest.in.
Company details
Contact details
Silver Crest Clothing Private Limited's registered office is in Bangalore, Karnataka. Its website is silvercrest.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4E2 KIADB Industrial Area Attibele Anekal Taluk Bangalore, Karnataka, India – 562107
- IndustryFashion and Textile, Formal & Business Wear
To see the full contact details of Silver Crest Clothing 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
Brands
Silver Crest Clothing operates two associated brands: SilverCrest and Tailorman. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures fine tailored and hybrid clothing for international brands. | silvercrest.in | |
| Premium menswear with custom-made and ready-to-wear options is provided. | tailorman.com |
Business activity
The main business activity of Silver Crest Clothing is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Silver Crest Clothing Private Limited, buy the company report.
Financials of Silver Crest Clothing Private Limited
FY 2024 filings availableSilver Crest Clothing Private Limited reported revenue of ₹701.04 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 7% growth in the latest year. EBITDA rose 5% 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 |
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| EBITDA | ₹99.17 Cr | ||||
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| Net Profit (PAT) | ₹63.53 Cr | ||||
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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 | 9.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Silver Crest Clothing Private Limited, buy the company report.
Board of directors of Silver Crest Clothing Private Limited
Silver Crest Clothing has 11 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shruti Golcha Also directs: Crest Work Wear LLP, Imperial Suits Private Limited, Carreman Silvercrest Clothing (India) Private Limited and 1 more | Whole-Time Director | 19 Aug 2025 | 1 Years 2 Months | Current |
| Prakash Chand Bader | Director | 18 Nov 1993 | 32 Years 11 Months | Current |
| Jeet Golchha | Managing Director | 09 Sep 2002 | 24 Years 1 Months | Current |
| Doraiswamy Raghu Also directs: Carreman Silvercrest Clothing (India) Private Limited | Director | 20 Jan 2022 | 4 Years 9 Months | Current |
| Yuvika Bader Also directs: Leisure Realtech LLP, NC Maintenance Services LLP, Ananda Greens Maintenance Services LLP and 4 more | Director | 21 Aug 2018 | 8 Years 2 Months | Current |
| Ramakrishnan Ramajayam Also directs: Carreman Silvercrest Clothing (India) Private Limited | Director | 02 Jun 2017 | 9 Years 4 Months | Current |
Peer comparison
Silver Crest Clothing Private Limited is compared with the 4 companies closest to it by revenue in the Apparel industry (Formal Branded Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Silver Spark Apparel Limited | ₹1,027.55 Cr (FY 2024) | 9.0% | Mumbai, Maharashtra, India | |||
| Silver Crest Clothing Private Limitedthis company | ₹701.04 Cr (FY 2025) | ₹63.53 Cr | 9.1% | 7.0% | 5,210 | Bangalore, Karnataka, India |
| Kamya Clothing Private Limited | ₹50.21 Cr (FY 2017) | 31.0% | Ahmedabad, Gujarat, India | |||
| Chhabra Syncotex Private Limited | ₹38.06 Cr (FY 2025) | -1.0% | Bhilwara, Rajasthan, India | |||
| Vardhman Nisshinbo Garments Company Limited | ₹36.02 Cr (FY 2021) | -38.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Silver Crest Clothing Private Limited, buy the company report.
Auditor
Silver Crest Clothing Private Limited is audited by NAINEGLI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAINEGLI & CO | FY 2023 | 002297S |
Shareholding
The shareholding of Silver Crest Clothing Private Limited 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 Crest Clothing Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2023 | 100793410 | State Bank of India | ₹60 Cr | Open | |
| 30 Aug 2022 | 100655830 | Others | ₹70 Cr | Open | |
| 23 Jan 2007 | 10035290 | Citi Bank N.A. | ₹33 Cr | Open | |
| 26 Feb 2019 | 100256349 | Others | ₹40 Cr | Satisfied | |
| 26 Dec 2018 | 100236271 | Hdfc Bank Limited | ₹10 Cr | Satisfied |
To see the full charge records of Silver Crest Clothing Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Silver Crest Clothing Private Limited has 13 deals on record (13 secondary share transfers); the latest was in September 2024.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Silver Crest Clothing Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Silver Crest Clothing Private Limited has 35 court cases on record: 29 filed by Silver Crest Clothing, 6 filed against it. 4 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 0 | 3 |
| High courts | 13 | 6 | 1 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed by the company against M/S. M.N.M. Marketing Pvt. Ltd., | Disposed |
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed by the company against M/S. M. N. M. Marketing Pvt. Ltd., | Disposed |
| High Court | Writ petition | Filed by the company against The Deputy Commissioner of Commercial Taxes | Pending |
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed by the company against M/S Ompal Tecnologies Pvt Ltd | Pending |
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Silver Crest Clothing 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 Crest Clothing Private Limited was last rated by Icra on 22 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 22 Apr 2021 |
To see the full credit ratings and regulatory alerts of Silver Crest Clothing Private Limited, buy the company report.
MSME payment delays
Silver Crest Clothing Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 4 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Mahalakshmi Adheshive Tapes Industry | |||
| Manu Graphics |
To see the full MSME payment records of Silver Crest Clothing Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Silver Crest Clothing has 1 subsidiary company and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Carreman Silvercrest Clothing (India) Private Limited | U18101KA2006PTC039206 |
To see the full group structure of Silver Crest Clothing Private Limited, buy the company report.
Employees & EPFO
Silver Crest Clothing Private Limited has a workforce of 5,210 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Silver Crest Clothing has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCS9518D1Z9 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Silver Crest Clothing Private Limited, buy the company report.
Recent activity
Silver Crest Clothing Private Limited has 25 board changes on record since 1993: 11 appointments and 14 cessations. The latest: Avni Bader ceased to be Additional Director on 29 Sep 2025.
45 earlier events are in the company report.
News
Frequently asked questions
Silver Crest Clothing is an active private limited company based in Bangalore, Karnataka, India. The company works in formal and business wear, within the fashion and textile industry. It was incorporated on 18 November 1993 (33+ years old) and is registered under CIN U18101KA1993PTC014935.
Silver Crest Clothing has 11 current directors:
- Jeet Golchha - Managing Director
- Shruti Golcha - Whole-Time Director
- Prakash Chand Bader - Director
- Doraiswamy Raghu - Director
- Yuvika Bader - Director
- Ramakrishnan Ramajayam - Director
- Gaurav Goenka - Director
- Rajkumar Golchha - Director
- Sanjay Golchha - Director
- Avni Bader - Director
- Nupur Goenka - Director
The latest financial statements of Silver Crest Clothing on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Silver Crest Clothing is 19AABCS9518D1Z9, registered in West Bengal. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Silver Crest Clothing is U18101KA1993PTC014935. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silver Crest Clothing has 35 court cases on record: 29 filed by the company and 6 filed against it. 4 are pending. Most are in the district courts.
Silver Crest Clothing was incorporated on 18 November 1993, making it 33+ years old. It is registered with the Registrar of Companies, Bangalore.
Silver Crest Clothing has 13 deals on record (13 secondary share transfers); the latest was in September 2024.
The peers of Silver Crest Clothing by revenue are Silver Spark Apparel Limited, Kamya Clothing Private Limited, Chhabra Syncotex Private Limited, Vardhman Nisshinbo Garments Company Limited, all in the Apparel industry (Formal Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Avni Bader ceased to be Additional Director on 29 Sep 2025. Nupur Goenka ceased to be Additional Director on 29 Sep 2025. Shruti Golcha was appointed as Whole-Time Director on 19 Aug 2025. Silver Crest Clothing has 25 board changes on record in total.
Silver Crest Clothing has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 4 overdue payments to 4 micro and small suppliers. The latest return was filed on 10 Jun 2020.
Silver Crest Clothing can be reached through the website silvercrest.in. Its registered office is in Bangalore, Karnataka, India.