About Silverline Medi-Tech Private Limited
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Silverline Medi-Tech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 09 October 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U33112GJ1998PTC034800. Its GSTIN is 24AADCS0301A1ZF (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.03 Lakh. It is led by directors Hasmukhbhai Dahyabhai Patel and Mithil Hasmukhbhai Patel.
Its last annual general meeting (AGM) was held on 28 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 40/41 Swaminarayan Estate Opp. Ujala Hotel Sarkhej, Ahmedabad, Gujarat, India – 382210.
As per the financials filed for FY 2025, the company reported a revenue of ₹42.84 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹1.97 Cr (net margin 4.6%) and EBITDA of ₹2.88 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 9% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Silverline Meditech and Multiparameter Monitor. As per MCA filings, the company has open charges of ₹10.49 Cr and satisfied charges of ₹3.74 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website silverlinemeditech.com.
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- TelephoneLocked
- Website
- Social Media
- Registered Address40/41 Swaminarayan Estate Opp. Ujala Hotel Sarkhej, Ahmedabad, Gujarat, India – 382210
- IndustryHealthcare, Medical Equipment Retail & Distribution
- 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
Associated Brands with Silverline Medi-Tech Private Limited
Silverline Medi-Tech operates two associated brands: Silverline Meditech and Multiparameter Monitor. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures medical devices and supplies home health care products across India. | silverlinemeditech.com | |
| Offers a device for monitoring vital signs in healthcare settings. | multiparametermonitor.com |
Competitors & Alternatives of Silverline Medi-Tech Private Limited
Brands and companies operating in the same space as Silverline Medi-Tech Private Limited include Withings, Ultrahuman, Oura and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Withings | Connected devices for health, sleep, and activity monitoring are developed. | Moulineaux, France | 2008 |
 Ultrahuman | Metabolic health is tracked via devices and fitness platforms. | Bengaluru, India | 2019 |
 Oura | Health-tracking smart rings and biosensors are developed for biometric monitoring. | Oulu, Finland | 2013 |
 Dozee | Platform offering remote patient monitoring using AI-driven contactless solutions | Bengaluru, India | 2015 |
 iHealth Labs | Personal healthcare devices for vital monitoring are designed and produced. | Mountain View, United States | 2010 |
 Levels | Wearable devices for metabolic health insights are provided. | United States | 2019 |
 Masimo | Provider of wide range of devices to monitor health parameters | Irvine, United States | 1989 |
 Qardio | Digital remote health monitoring tools are developed for professionals. | San Francisco, United States | 2012 |
 Aktiia | Offers wearable technology for 24/7 blood pressure tracking and app-based data analysis. | Neuchatel, Switzerland | 2018 |
Business Activity of Silverline Medi-Tech Private Limited
The main business activity of Silverline Medi-Tech is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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.
Auditor Details of Silverline Medi-Tech Private Limited
Silverline Medi-Tech Private Limited is audited by J. P. PATEL & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J. P. PATEL & CO. | 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.
Board of Directors of Silverline Medi-Tech Private Limited
Silverline Medi-Tech has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hasmukhbhai Dahyabhai Patel Also directs: Infitron Medical Technology Private Limited | Director | 09 Oct 1998 | 27 Years 11 Months | Current |
| Mithil Hasmukhbhai Patel Also directs: Infitron Medical Technology Private Limited | Director | 19 Dec 2013 | 12 Years 9 Months | Current |
Financials of Silverline Medi-Tech Private Limited FY 2025 filings available
Silverline Medi-Tech Private Limited reported revenue of ₹42.84 Cr (up 39% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Silverline Medi-Tech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 39% growth in the latest year. EBITDA rose 54% 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 Silverline Medi-Tech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
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| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.88 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.97 Cr | •••• | •••• | •••• | •••• |
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Financial Ratios of Silverline Medi-Tech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| 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 Silverline Medi-Tech 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.
Ownership and Shareholding of Silverline Medi-Tech Private 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 Silverline Medi-Tech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2022 | Hdfc Bank Limited | ₹10.49 Cr | Open |
| 08 Jan 2021 | Hdfc Bank Limited | ₹2 Cr | Satisfied |
| 17 Jul 2014 | Deutsche Bank Ag | ₹1.1 Cr | Satisfied |
| 21 Nov 2006 | State Bank of Indore | ₹5 Lakh | Satisfied |
| 04 Dec 2003 | State Bank of India | ₹58.88 Lakh | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Silverline Medi-Tech Private Limited
Silverline Medi-Tech Private Limited has a workforce of 26 employees as of Jul 09, 2024.
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.
GST Compliance of Silverline Medi-Tech Private Limited
Silverline Medi-Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS0301A1ZF | Gujarat | 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.
Credit Ratings, Litigation & Regulatory Alerts for Silverline Medi-Tech Private 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.
MSME Payment Delays by Silverline Medi-Tech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Silverline Medi-Tech Private 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.
MCA Filings & Documents of Silverline Medi-Tech Private 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.
Recent Activity on Silverline Medi-Tech Private Limited
Frequently Asked Questions about Silverline Medi-Tech Private Limited
Silverline Medi-Tech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 09 October 1998 (28+ years old) and is registered under CIN U33112GJ1998PTC034800.
Silverline Medi-Tech reported revenue of ₹42.84 Cr for FY 2025 (up 39% YoY).
Silverline Medi-Tech has 2 current directors:
- Hasmukhbhai Dahyabhai Patel - Director
- Mithil Hasmukhbhai Patel - Director
Silverline Medi-Tech reported a net profit of ₹1.97 Cr (net margin 4.6%) and EBITDA of ₹2.88 Cr (EBITDA margin 6.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Silverline Medi-Tech is -25% over three years and 9% over five years. In the latest year (FY 2025) revenue rose 39%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Silverline Medi-Tech is 24AADCS0301A1ZF, registered in Gujarat.
The CIN (Corporate Identification Number) of Silverline Medi-Tech is U33112GJ1998PTC034800. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silverline Medi-Tech was incorporated on 09 October 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Silverline Medi-Tech can be reached through the website silverlinemeditech.com. Its registered office is in Ahmedabad, Gujarat, India.