MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-CG-14-0003493
Silverest Industries Private Limited
Silverest Industries Private Limited - consumer goods in Raipur, Chhattisgarh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.78 Cr
▲ 21% YoY
Net loss · FY 2025
₹27.52 Lakh
Net margin -7.3%
EBITDA · FY 2025
₹13.66 Lakh
EBITDA margin 3.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.07 Cr
Issued & subscribed
Open charges
₹2.01 Cr
Satisfied ₹7 Lakh
Company age
13 yrs
Est. 2013
Directors on board
3
As per MCA filings
About Silverest Industries Private Limited
Data last updated:
Silverest Industries Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 14 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U36100CT2013PTC001110. Its GSTIN is 22AAGCR6374M1ZZ (Chattisgarh).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.07 Cr. It was formerly known as Ridhima Disposable Private Limited. It is led by directors including Pradeep Kumar Pugalia (Whole-Time Director) and Kritika Pugalia (Whole-Time Director).
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 B – 15 Ashiyana Phase – 2 Madhuban Grih Nirman Samiti Avanti Vihar, Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.78 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹27.52 Lakh (net margin -7.3%) and EBITDA of ₹13.66 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹2.01 Cr and satisfied charges of ₹7 Lakh on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
Silverest Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-14-0003493). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U36100CT2013PTC001110
Registration Number 001110
Incorporation Date 14 October 2013
ROC Chhattisgarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-CG-14-0003493
CIN history
Silverest Industries has one previous CIN (Corporate Identification Number): U25206CT2013PTC001110. The current CIN is U36100CT2013PTC001110, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36100CT2013PTC001110 | Current |
| U25206CT2013PTC001110 | Previous |
Key People
Pradeep Kumar Pugalia Whole-Time Director Kritika Pugalia Whole-Time Director Deepesh Pugalia Whole-Time Director Recognitions & Rankings of Silverest Industries
Contact details
Silverest Industries Private Limited's registered office is in Raipur, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 15 Ashiyana Phase – 2 Madhuban Grih Nirman Samiti Avanti Vihar, Raipur, Chhattisgarh, India – 492001
- IndustryConsumer Goods, Home Furnishings Manufacturing
To see the full contact details of Silverest Industries Private Limited, buy the company report.
Comprehensive company report
Silverest Industries Private Limited - 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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Business activity
The main business activity of Silverest Industries is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Silverest Industries Private Limited, buy the company report.
Financials of Silverest Industries Private Limited
FY 2025 filings availableSilverest Industries Private Limited reported revenue of ₹3.78 Cr (up 21% YoY) for FY 2025.
Revenue · FY 2025
₹3.78 Cr ▲ 21%
Net loss · FY 2025
₹27.52 Lakh margin -7.3%
EBITDA · FY 2025
₹13.66 Lakh margin 3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 13%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 26%
3 years · compounded
▼ 31%
5 years · compounded
▼ 17%
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 21% growth in the latest year. EBITDA fell 26% 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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| Total Expenses | |||||
| EBITDA | ₹13.66 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹27.52 Lakh | ||||
| Balance Sheet | |||||
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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 | 3.6% | ||||
| Net Profit Margin | -7.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Silverest Industries Private Limited, buy the company report.
Board of directors of Silverest Industries Private Limited
Silverest Industries has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Kumar Pugalia | Whole-Time Director | 14 Oct 2013 | 13 Years 0 Months | Current |
| Kritika Pugalia | Whole-Time Director | 01 Oct 2025 | 1 Years 0 Months | Current |
| Deepesh Pugalia | Whole-Time Director | 18 Apr 2018 | 8 Years 6 Months | Current |
Auditor
Silverest Industries Private Limited is audited by P Y A & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P Y A & CO. | FY 2023 | 018319C |
Shareholding
The shareholding of Silverest Industries 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 Silverest Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.01 Cr
Satisfied charges
₹7 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Feb 2024 | 100930898 | Others | ₹10.62 Lakh | Open | |
| 01 Jul 2016 | 100041894 | Others | ₹1.9 Cr | Open | |
| 18 Jan 2014 | 10475081 | Bank of Baroda | ₹7 Lakh | Satisfied |
To see the full charge records of Silverest Industries Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Silverest Industries Private Limited has 4 court cases on record: 1 filed by Silverest Industries, 3 filed against it. All cases are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raipur, Chhattisgarh | Court case (VC Traffic Summary) | Filed against the company by CG State | Disposed |
| District court, Raipur, Chhattisgarh | Court case (COMPLAINT CASES) | Filed by the company against an individual | Disposed |
To see the full case history of Silverest Industries 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 Silverest Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Silverest Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAGCR6374M1ZZ | Chattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Silverest Industries Private Limited, buy the company report.
Recent activity
Silverest Industries Private Limited has 8 board changes on record since 2013: 3 appointments and 5 cessations. The latest: Kritika Pugalia was appointed as Whole-Time Director on 01 Oct 2025.
Appointed
Kritika Pugalia was appointed as Whole-Time Director.
AGM
Silverest Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Silverest Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chhattisgarh.
Charges
A charge with Others of Rs. 1.90 Cr registered on 01 Jul 2016 with Charge ID 100041894 was modified on 29 Jan 2025.
Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 100930898 was registered on 16 Feb 2024.
Ceased
Deepesh Pugalia ceased to be Director.
Ceased
Pradeep Kumar Pugalia ceased to be Director.
Ceased
Pravin Kumar Pugalia ceased to be Director.
Appointed
Deepesh Pugalia was appointed as Whole-Time Director.
Charges
A charge with Others amounted to Rs. 1.90 Cr with Charge ID 100041894 was registered on 01 Jul 2016.
Charges
A charge registered on 18 Jan 2014 via Charge ID 10475081 with Bank Of Baroda was fully satisfied on 12 Apr 2016.
Ceased
Mahabir Pratap Dugar ceased to be Director.
4 earlier events are in the company report.
Frequently asked questions
Silverest Industries is an active private limited company based in Raipur, Chhattisgarh, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 14 October 2013 (13+ years old) and is registered under CIN U36100CT2013PTC001110.
Silverest Industries has 3 current directors:
- Pradeep Kumar Pugalia - Whole-Time Director
- Kritika Pugalia - Whole-Time Director
- Deepesh Pugalia - Whole-Time Director
The latest financial statements of Silverest Industries 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 GSTIN of Silverest Industries is 22AAGCR6374M1ZZ, registered in Chattisgarh.
The CIN (Corporate Identification Number) of Silverest Industries is U36100CT2013PTC001110. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silverest Industries has 4 court cases on record: 1 filed by the company and 3 filed against it.
Silverest Industries was incorporated on 14 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Kritika Pugalia was appointed as Whole-Time Director on 01 Oct 2025. Deepesh Pugalia ceased to be Director on 01 Mar 2020. Pradeep Kumar Pugalia ceased to be Director on 01 Mar 2020. Silverest Industries has 8 board changes on record in total.
Yes, Silverest Industries is registered as a small enterprise under Udyam registration (number: UDYAM-CG-14-0003493).
The registered office of Silverest Industries is at B – 15 Ashiyana Phase – 2 Madhuban Grih Nirman Samiti Avanti Vihar, Raipur, Chhattisgarh, India – 492001.