Silvergrace Polypacks Limited
About Silvergrace Polypacks Limited
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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.
Company details
Contact details
Silvergrace Polypacks Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressG – 155 – 156 Sitapura Industrial Area Tonk Road, Jaipur, Rajasthan, India – 302022
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Silvergrace Polypacks 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 Silvergrace Polypacks 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 Silvergrace Polypacks Limited, buy the company report.
Financials of Silvergrace Polypacks Limited
FY 2025 filings availableSilvergrace Polypacks Limited reported revenue of ₹13.21 Lakh (up 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹5.35 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.66 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| 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) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Silvergrace Polypacks Limited, buy the company report.
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
Silvergrace Polypacks Limited is compared with the 3 companies closest to it by revenue in the Packaging industry (Woven Products), 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 |
|---|---|---|---|---|---|---|
| Kamakhya (India) Ltd | ₹14.42 Lakh (FY 2025) | 17.0% | Kolkata, West Bengal, India | |||
| Kanakdhara Polyfab Private Limited | ₹13.27 Lakh (FY 2025) | 49.0% | Kolkata, West Bengal, India | |||
| Silvergrace Polypacks Limitedthis company | ₹13.21 Lakh (FY 2024) | ₹4.66 Lakh | 35.3% | 16.0% | Jaipur, Rajasthan, India | |
| Bulk Bags India Limited | ₹11.8 Lakh (FY 2016) | -25.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Silvergrace Polypacks Limited, buy the company report.
Auditor
Silvergrace Polypacks Limited is audited by GARG NARENDRA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GARG NARENDRA & ASSOCIATES | FY 2023 | 008712C |
Shareholding
The shareholding of Silvergrace Polypacks 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 Silvergrace Polypacks Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2014 | 10521616 | Axis Bank Limited | ₹4.5 Cr | Open | |
| 15 Feb 2013 | 10428476 | Axis Bank Limited | ₹4.3 Cr | Open | |
| 23 Jan 2010 | 10199503 | Standard Chartered Bank | ₹2.5 Cr | Satisfied | |
| 11 Feb 1998 | 90070177 | The Bank of Rajasthan Ltd. | ₹78 Lakh | Satisfied | |
| 11 Feb 1998 | 90068243 | The Bank of Rajasthan Limited | ₹2.55 Cr | Satisfied |
To see the full charge records of Silvergrace Polypacks Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
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.
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 and Ors. | Disposed |
| District court, Jaipur Metro I, Rajasthan | Court case (Complaint(pariwad)) | Filed by the company against Dilip Enterprises and Ors. | Disposed |
To see the full case history of Silvergrace Polypacks 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
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 |
To see the full MSME payment records of Silvergrace Polypacks Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Silvergrace Polypacks has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AADCS4348H1Z8 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Silvergrace Polypacks Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 3 current directors:
- Chiranji Lal Sharma - Managing Director
- Bal Krishan Sharma - Whole-Time Director
- Bimla Sharma - Director
The latest financial statements of Silvergrace Polypacks 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 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 Kamakhya (India) Ltd, Kanakdhara Polyfab Private Limited, Bulk Bags India Limited, all in the Packaging industry (Woven Products), with the same principal business activity (textile, leather and other apparel 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.
The registered office of Silvergrace Polypacks is at G – 155 – 156 Sitapura Industrial Area Tonk Road, Jaipur, Rajasthan, India – 302022.
Silvergrace Polypacks operates in the packaging industry, in the woven packaging products segment.