Silvergrace Polypacks Limited
About Silvergrace Polypacks Limited
Data last updated:
Silvergrace Polypacks Limited is a public limited company based in Jaipur, Rajasthan, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 20 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U74950RJ1995PLC010236. Its GSTIN is 08AADCS4348H1Z8 (Rajasthan).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.96 Cr. It is led by directors including Chiranji Lal Sharma (Managing Director) and Bal Krishan Sharma (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 G – 155 – 156 Sitapura Industrial Area Tonk Road, Jaipur, Rajasthan, India – 302022.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.21 Lakh, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹4.66 Lakh (net margin 35.3%) and EBITDA of ₹5.35 Lakh (EBITDA margin 40.5%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 19% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.8 Cr and satisfied charges of ₹5.83 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressG – 155 – 156 Sitapura Industrial Area Tonk Road, Jaipur, Rajasthan, India – 302022
- IndustryPackaging, Woven Packaging Products
- 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
- One PDF report, delivered after checkout
Business Activity of Silvergrace Polypacks Limited
The main business activity of Silvergrace Polypacks is manufacturing. In detail, this covers 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
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Silvergrace Polypacks Limited FY 2025 filings available
Silvergrace Polypacks Limited reported revenue of ₹13.21 Lakh (up 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Silvergrace Polypacks Limited
Revenue rose 16% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 19%. EBITDA rose 177% 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 of Silvergrace Polypacks Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.35 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.66 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 of Silvergrace Polypacks Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 40.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 35.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Silvergrace Polypacks are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Silvergrace Polypacks Limited
Silvergrace Polypacks has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bal Krishan Sharma Also directs: Silvergrace Exim LLP, Oloo Global Life Private Limited | Whole-Time Director | 14 Jul 2001 | 25 Years 3 Months | Current |
| Chiranji Lal Sharma Also directs: Silvergrace Exim LLP, Jai Shree Polymin Private Limited | Managing Director | 01 Oct 2015 | 11 Years 0 Months | Current |
| Bimla Sharma | Director | 25 May 2011 | 15 Years 4 Months | Current |
Peer Comparison of Silvergrace Polypacks Limited
Silvergrace Polypacks Limited is compared with the companies closest to it by revenue in the Packaging industry (Woven Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sethia Jute Udyog Private Limited | ₹14.51 Lakh (FY 2025) | •••• | •••• | 1823.0% | •••• | Kolkata, West Bengal, India |
| Kamakhya (India) Ltd | ₹14.42 Lakh (FY 2025) | •••• | •••• | 17.0% | •••• | Kolkata, West Bengal, India |
| Mice Plus Solutions Private Limited | ₹14.29 Lakh (FY 2018) | •••• | •••• | -68.0% | •••• | Bathinda, Punjab, India |
| Divam Industries (India) Limited | ₹13.77 Lakh (FY 2025) | •••• | •••• | -91.0% | •••• | Bhilwara, Rajasthan, India |
| Kanakdhara Polyfab Private Limited | ₹13.27 Lakh (FY 2025) | •••• | •••• | 49.0% | •••• | Kolkata, West Bengal, India |
| Silvergrace Polypacks Limited this company | ₹13.21 Lakh (FY 2024) | •••• | •••• | 16.0% | •••• | Jaipur, Rajasthan, India |
| Sheth Brothers (India) Pvt Ltd | ₹12.71 Lakh (FY 2025) | •••• | •••• | -77.0% | •••• | Kolkata, West Bengal, India |
| Sumeru Labels Pvt Ltd | ₹12.62 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Palghar, Maharashtra, India |
| Rudraksha Textile Private Limited | ₹12.04 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Surat, Gujarat, India |
| Bulk Bags India Limited | ₹11.8 Lakh (FY 2016) | •••• | •••• | -25.0% | •••• | Mumbai, Maharashtra, India |
| Manbhari Retails Private Limited | ₹11.45 Lakh (FY 2025) | •••• | •••• | -77.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Silvergrace Polypacks by revenue in the Packaging industry (Woven Products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Silvergrace Polypacks Limited
Silvergrace Polypacks Limited is audited by GARG NARENDRA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GARG NARENDRA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Silvergrace Polypacks Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Silvergrace Polypacks Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Sep 2014 | Axis Bank Limited | ₹4.5 Cr | Open |
| 15 Feb 2013 | Axis Bank Limited | ₹4.3 Cr | Open |
| 23 Jan 2010 | Standard Chartered Bank | ₹2.5 Cr | Satisfied |
| 11 Feb 1998 | The Bank of Rajasthan Ltd. | ₹78 Lakh | Satisfied |
| 11 Feb 1998 | The Bank of Rajasthan Limited | ₹2.55 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Silvergrace Polypacks Limited
Silvergrace Polypacks Limited has 4 court cases on record: 3 filed by Silvergrace Polypacks, 1 filed against it. 1 case is pending and 3 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhiwani, Haryana | Appeal | Filed by the company against an individual | Pending |
| District court, Bhiwani, Haryana | Civil suit | Filed against the company by an individual | Disposed |
| District court, Jaipur Metro I, Rajasthan | Cheque dishonour complaint | Filed by the company against Dilip Enterprises | Disposed |
| District court, Jaipur Metro I, Rajasthan | Court case (Complaint(pariwad)) | Filed by the company against Dilip Enterprises | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Silvergrace Polypacks Limited
Silvergrace Polypacks Limited has 3 MSME Form 1 returns on record between 2016 and 2019, listing 11 overdue payments to 7 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 (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Gears Energy Solutions Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Ajanta Manufacturing Private Limited | •••• | •••• | •••• |
| Perfect Belts Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Silvergrace Polypacks Limited
Employment history and EPFO contributions of people linked to Silvergrace Polypacks.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Silvergrace Polypacks Limited
Silvergrace Polypacks Limited has 6 board changes on record since 2001: 3 appointments and 3 cessations. The latest: Chiranji Lal Sharma was appointed as Managing Director on 01 Oct 2015.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Silvergrace Polypacks Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Silvergrace Polypacks Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Silvergrace Polypacks Limited
Silvergrace Polypacks has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AADCS4348H1Z8 | Rajasthan | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Silvergrace Polypacks Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Silvergrace Polypacks Limited
Silvergrace Polypacks is an active public limited company based in Jaipur, Rajasthan, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 20 June 1995 (31+ years old) and is registered under CIN U74950RJ1995PLC010236.
Silvergrace Polypacks reported revenue of ₹13.21 Lakh for FY 2024 (up 16% YoY).
Silvergrace Polypacks has 3 current directors:
- Chiranji Lal Sharma - Managing Director
- Bal Krishan Sharma - Whole-Time Director
- Bimla Sharma - Director
Silvergrace Polypacks reported a net profit of ₹4.66 Lakh (net margin 35.3%) and EBITDA of ₹5.35 Lakh (EBITDA margin 40.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Silvergrace Polypacks is 12% over three years and -19% over five years. In the latest year (FY 2024) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Silvergrace Polypacks is 08AADCS4348H1Z8, registered in Rajasthan.
The CIN (Corporate Identification Number) of Silvergrace Polypacks is U74950RJ1995PLC010236. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silvergrace Polypacks has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending.
Silvergrace Polypacks was incorporated on 20 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Silvergrace Polypacks by revenue are Sethia Jute Udyog Private Limited, Kamakhya (India) Ltd, Mice Plus Solutions Private Limited, Divam Industries (India) Limited, Kanakdhara Polyfab Private Limited and 5 more, all in the Packaging industry (Woven Products).
Chiranji Lal Sharma was appointed as Managing Director on 01 Oct 2015. Bal Krishan Sharma ceased to be Director on 01 May 2013. Taramani Sharma ceased to be Director on 30 Jun 2012. Silvergrace Polypacks has 6 board changes on record in total.
Silvergrace Polypacks has 3 MSME Form 1 returns on record between 2016 and 2019, listing 11 overdue payments to 7 micro and small suppliers. The latest return was filed on 08 Jun 2019.