About Silver-East Infrastructure Private Limited
Data last updated:
Silver-East Infrastructure Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Blackstone Capital Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the port infrastructure and development segment of the infrastructure and utilities sector. It was incorporated on 18 March 2004.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2004PTC145150. Its GSTIN is 27AACCK5598G1Z5 (Maharashtra).
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹13.62 Cr. It was formerly known as Karanja Infrastructure Private Limited. It is led by directors including Surendra Rajbali Singh (Manager) and Amrish Navinchandra Gandhi (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.51 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹79.31 Lakh (net margin 52.6%) and EBITDA of ₹1.05 Cr (EBITDA margin 69.5%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 42% over five years.
As per MCA filings, the company has open charges of ₹575 Cr and satisfied charges of ₹737 Cr on record. Court records list 25 cases involving the company, including 1 filed by the company and 24 filed against it; 4 cases are pending. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹18.18 Cr; the latest was in June 2015.
The last known website on record is karanjainfra.com.
Company details
Contact details
Silver-East Infrastructure Private Limited's registered office is in Mumbai, Maharashtra. Its website is karanjainfra.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressShop No..G 48 The Zone Building C.T.S. 655 656, Chandavarkar Road Borivali West, Mumbai, Maharashtra, India – 400092
- IndustryInfrastructure and Utilities, Port Infrastructure & Development
To see the full contact details of Silver-East Infrastructure 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
Financials of Silver-East Infrastructure Private Limited
FY 2021 filings availableSilver-East Infrastructure Private Limited reported revenue of ₹1.51 Cr (up 219% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 219% growth in the latest year. EBITDA rose 143% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.51 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹79.31 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 69.5% | ||||
| Net Profit Margin | 52.6% | ||||
| 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-East Infrastructure Private Limited, buy the company report.
Board of directors of Silver-East Infrastructure Private Limited
Silver-East Infrastructure has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surendra Rajbali Singh | Manager | 20 Dec 2017 | 8 Years 10 Months | As last reported |
| Amrish Navinchandra Gandhi Also directs: Agsk LLP, Transvoy Logistics India Limited | Irp/Rp/Liquidator | 05 Feb 2025 | 1 Years 8 Months | As last reported |
| Milan Lalit Mandani Also directs: Shares Profit Rich Private Limited | Additional Director | 10 Mar 2022 | 4 Years 7 Months | As last reported |
| Ravinder Mohan Bhatia | Director | 10 Nov 2017 | 8 Years 11 Months | As last reported |
Auditor
Silver-East Infrastructure Private Limited is audited by REKHANK V SHAH & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| REKHANK V SHAH & CO | FY 2021 | 114141W |
Shareholding
The shareholding of Silver-East Infrastructure Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Silver-East Infrastructure Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2015 | 100814131 | Idbi Trusteeship Services Limited | ₹110 Cr | Open | |
| 22 Jan 2013 | 10401801 | Others | ₹365 Cr | Open | |
| 22 Jan 2013 | 10401803 | Yes Bank Limited | ₹100 Cr | Open | |
| 19 Oct 2016 | 100113834 | Idbi Trusteeship Services Limited | ₹120 Cr | Satisfied | |
| 19 Oct 2016 | 100113828 | Idbi Trusteeship Services Limited | ₹70 Cr | Satisfied |
To see the full charge records of Silver-East Infrastructure Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Silver-East Infrastructure Private Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹18.18 Cr; the latest was in June 2015.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2015 | Rights issue | ₹44.08 Cr | Investors: Blackstone Capital Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Jul 2009 | Funding round | ₹2.66 Cr | Investors: Blackstone Capital Limited |
| Mar 2007 | Funding round | ₹15.53 Cr | Investors: Blackstone Capital Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Silver-East Infrastructure Private Limited has 25 court cases on record: 1 filed by Silver-East Infrastructure, 24 filed against it. 4 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 20 | 3 |
| High courts | 5 | 4 | 1 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Yes Bank Limited and 1 other | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Yes Bank Ltd | Pending |
| High Court, MAHARASHTRA | Court case (CARBP) | Filed against the company by Sneha Metals Private Limited and 3 Ors. and 3 others | Disposed |
| Bombay High Court | Court case (CARAP) | Filed against the company by Sneha Metals Private Limited and 3 Ors | Disposed |
| District court, Raigad, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Silver-East Infrastructure 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-East Infrastructure Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Silver-East Infrastructure has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCK5598G1Z5 | Maharashtra | Active | 05 Dec 2017 |
To see the full GST registrations and return filing status of Silver-East Infrastructure Private Limited, buy the company report.
Recent activity
Silver-East Infrastructure Private Limited has 17 board changes on record since 2011: 4 appointments and 13 cessations. The latest: Amrish Navinchandra Gandhi was appointed as Irp/Rp/Liquidator on 05 Feb 2025.
21 earlier events are in the company report.
Frequently asked questions
Silver-East Infrastructure is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Silver-East Infrastructure is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in port infrastructure and development, within the infrastructure and utilities industry. It was incorporated on 18 March 2004 and is registered under CIN U45201MH2004PTC145150. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Silver-East Infrastructure has 4 current directors:
- Milan Lalit Mandani - Additional Director
- Ravinder Mohan Bhatia - Director
- Surendra Rajbali Singh - Manager
- Amrish Navinchandra Gandhi - Irp/Rp/Liquidator
The latest financial statements of Silver-East Infrastructure on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Silver-East Infrastructure is U45201MH2004PTC145150. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silver-East Infrastructure has open charges of ₹575 Cr and satisfied charges of ₹737 Cr as per latest MCA filings.
Silver-East Infrastructure has 25 court cases on record: 1 filed by the company and 24 filed against it. 4 are pending. Most are in the district courts.
Silver-East Infrastructure was incorporated on 18 March 2004. It is registered with the Registrar of Companies, Mumbai.
Silver-East Infrastructure has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹18.18 Cr; the latest was in June 2015.
Amrish Navinchandra Gandhi was appointed as Irp/Rp/Liquidator on 05 Feb 2025. Ranjit Kumar Mahto ceased to be Company Secretary on 15 Jan 2025. Milan Lalit Mandani was appointed as Additional Director on 10 Mar 2022. Silver-East Infrastructure has 17 board changes on record in total.