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. Court records list 13 cases involving the company, including 9 filed by the company and 4 filed against it; 7 cases are pending.
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.
Company details
Contact details
Silverline Medi-Tech Private Limited's registered office is in Ahmedabad, Gujarat. Its website is silverlinemeditech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address40/41 Swaminarayan Estate Opp. Ujala Hotel Sarkhej, Ahmedabad, Gujarat, India – 382210
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Silverline Medi-Tech 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
Brands
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 |
Business activity
The main business activity of Silverline Medi-Tech is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Silverline Medi-Tech Private Limited, buy the company report.
Financials of Silverline Medi-Tech Private Limited
FY 2025 filings availableSilverline Medi-Tech Private Limited reported revenue of ₹42.84 Cr (up 39% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.88 Cr | ||||
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| Net Profit (PAT) | ₹1.97 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | 4.6% | ||||
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To see the full financial statements and ratios of Silverline Medi-Tech Private Limited, buy the company report.
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 | 28 Years 0 Months | Current |
| Mithil Hasmukhbhai Patel Also directs: Infitron Medical Technology Private Limited | Director | 19 Dec 2013 | 12 Years 10 Months | Current |
Peer comparison
Silverline Medi-Tech Private Limited is compared with the 5 companies closest to it by revenue in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cytocare Technologies Private Limited | ₹42.9 Cr (FY 2025) | 60.0% | Hyderabad, Telangana, India | |||
| Silverline Medi-Tech Private Limitedthis company | ₹42.84 Cr (FY 2025) | ₹1.97 Cr | 4.6% | 39.0% | 26 | Ahmedabad, Gujarat, India |
| Ithiel Healthcare Private Limited | ₹42.57 Cr (FY 2025) | 33.0% | Ernakulam, Kerala, India | |||
| Techno Medical Services Private Limited | ₹42.4 Cr (FY 2025) | 42.0% | Chandigarh, India | |||
| Techno Surge Industries Private Limited | ₹42.02 Cr (FY 2025) | -62.0% | Amravati, Maharashtra, India | |||
| Medispec India Limited | ₹41.35 Cr (FY 2024) | -19.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Silverline Medi-Tech Private Limited, buy the company report.
Auditor
Silverline Medi-Tech Private Limited is audited by J. P. PATEL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J. P. PATEL & CO. | FY 2023 | 107708W |
Shareholding
The shareholding of Silverline Medi-Tech 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Silverline Medi-Tech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2022 | 100617227 | Hdfc Bank Limited | ₹10.49 Cr | Open | |
| 08 Jan 2021 | 100409178 | Hdfc Bank Limited | ₹2 Cr | Satisfied | |
| 17 Jul 2014 | 10520070 | Deutsche Bank Ag | ₹1.1 Cr | Satisfied | |
| 21 Nov 2006 | 10031163 | State Bank of Indore | ₹5 Lakh | Satisfied | |
| 04 Dec 2003 | 90105918 | State Bank of India | ₹58.88 Lakh | Satisfied |
To see the full charge records of Silverline Medi-Tech Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Silverline Medi-Tech Private Limited has 13 court cases on record: 9 filed by Silverline Medi-Tech, 4 filed against it. 7 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 2 | 6 |
| High courts | 2 | 2 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed against the company by M/S Mediplus (India) Ltd. | Pending |
| High Court of Gujarat | Appeal | Filed against the company by M/S Mediplus (India) Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Vitaltech Healthcare Solutions | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed by the company against an individual | Pending |
To see the full case history of Silverline Medi-Tech 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 Silverline Medi-Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Silverline Medi-Tech Private Limited has a workforce of 26 employees on its EPFO records as of Jul 09, 2024, across 1 active EPFO establishment.
GST
Silverline Medi-Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS0301A1ZF | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Silverline Medi-Tech Private Limited, buy the company report.
Recent activity
Silverline Medi-Tech Private Limited has 6 board changes on record since 1998: 2 appointments and 4 cessations. The latest: Kaushal Hasmukhbhai Patel ceased to be Director on 01 Apr 2020.
8 earlier events are in the company report.
Frequently asked questions
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 has 2 current directors:
- Hasmukhbhai Dahyabhai Patel - Director
- Mithil Hasmukhbhai Patel - Director
The latest financial statements of Silverline Medi-Tech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 September 2025. Year-wise statements from 2015 are in the company report.
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 has 13 court cases on record: 9 filed by the company and 4 filed against it. 7 are pending. Most are in the district courts.
Silverline Medi-Tech was incorporated on 09 October 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Silverline Medi-Tech by revenue are Cytocare Technologies Private Limited, Ithiel Healthcare Private Limited, Techno Medical Services Private Limited, Techno Surge Industries Private Limited, Medispec India Limited, all in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (wholesale trading).
Kaushal Hasmukhbhai Patel ceased to be Director on 01 Apr 2020. Sheetal Kaushalbhai Patel ceased to be Additional Director on 30 Sep 2016. Mithil Hasmukhbhai Patel ceased to be Additional Director on 30 Sep 2014. Silverline Medi-Tech has 6 board changes on record in total.
Silverline Medi-Tech can be reached through the website silverlinemeditech.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Silverline Medi-Tech is at 4041 Swaminarayan Estate Opp. Ujala Hotel Sarkhej, Ahmedabad, Gujarat, India – 382210.