MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0036285
Silverline Plastpacks Pvt Ltd - packaging in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹15.35 Cr
▲ 12.70% YoY
Net profit · FY 2025
₹86.26 Lakh
Net margin 5.6%
EBITDA · FY 2025
₹1.26 Cr
EBITDA margin 8.2%
Authorised capital
₹1.1 Cr
Registered with MCA
Paid-up capital
₹1.1 Cr
Issued & subscribed
Open charges
₹12.73 Cr
Satisfied ₹1.55 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
8
Provident fund records
About Silverline Plastpacks Pvt Ltd
Data last updated:
Silverline Plastpacks Pvt Ltd is a private limited company based in Rajkot, Gujarat, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 21 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25200GJ1994PTC021595. Its GSTIN is 24AADCS0075K1ZF (Gujarat).
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors including Bhartiben Harilal Bavaria and Sunil Harilal Bavaria.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Rajkot, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.35 Cr. For the same year it recorded a net profit of ₹86.26 Lakh (net margin 5.6%) and EBITDA of ₹1.26 Cr (EBITDA margin 8.2%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 4% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.73 Cr and satisfied charges of ₹1.55 Cr on record.
Silverline Plastpacks Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0036285). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website silverlineplastic.com.
Company details
CIN U25200GJ1994PTC021595
Registration Number 021595
Incorporation Date 21 March 1994
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 20 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-20-0036285
Key People
Bhartiben Harilal Bavaria Director Sunil Harilal Bavaria Director Nidhiben Sunilbhai Bavaria Director Recognitions & Rankings of Silverline Plastpacks
Contact details
Silverline Plastpacks Pvt Ltd's registered office is in Rajkot, Gujarat. Its website is silverlineplastic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address219 Hira Panna Complex, Dr. Yagnik Road, Rajkot, Gujarat, India – 360001
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Silverline Plastpacks Pvt Ltd, buy the company report.
Comprehensive company report
Silverline Plastpacks Pvt Ltd - 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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Secure checkout · GST invoice included
Business activity
The main business activity of Silverline Plastpacks is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Silverline Plastpacks Pvt Ltd, buy the company report.
Financials of Silverline Plastpacks Pvt Ltd
FY 2025 filings availableSilverline Plastpacks Pvt Ltd reported revenue of ₹15.35 Cr for FY 2025.
Revenue · FY 2025
₹15.35 Cr
Net profit · FY 2025
₹86.26 Lakh margin 5.6%
EBITDA · FY 2025
₹1.26 Cr margin 8.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 11%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▲ 126%
3 years · compounded
▼ 6%
5 years · compounded
▲ 3%
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years. EBITDA rose 126% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹86.26 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 8.2% | ||||
| Net Profit Margin | 5.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of Silverline Plastpacks Pvt Ltd, buy the company report.
Board of directors of Silverline Plastpacks Pvt Ltd
Silverline Plastpacks has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhartiben Harilal Bavaria | Director | 27 Jul 2004 | 22 Years 3 Months | Current |
| Sunil Harilal Bavaria | Director | 12 Nov 2001 | 24 Years 11 Months | Current |
| Nidhiben Sunilbhai Bavaria | Director | 27 Sep 2019 | 7 Years 1 Months | Current |
Peer comparison
Silverline Plastpacks Pvt Ltd is compared with the 5 companies closest to it by revenue in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jhunjhunwala Polyplast Private Limited | ₹15.66 Cr (FY 2025) | 10.0% | Kanpur, Uttar Pradesh, India | |||
| Bellwort Papers Private Limited | ₹15.42 Cr (FY 2025) | 1106483.0% | Durgapur, West Bengal, India | |||
| Silverline Plastpacks Pvt Ltdthis company | ₹15.35 Cr (FY 2025) | ₹86.26 Lakh | 5.6% | 8 | Rajkot, Gujarat, India | |
| Shakun Plastics Private Limited | ₹15.32 Cr (FY 2021) | -12.0% | Jaipur, Rajasthan, India | |||
| Lakshmi Wovensacks Private Limited | ₹15.05 Cr (FY 2024) | -12.0% | Hyderabad, Telangana, India | |||
| Duna Fashions Private Limited. | ₹15.02 Cr (FY 2024) | -4.0% | Delhi, India |
To see the full peer comparison of Silverline Plastpacks Pvt Ltd, buy the company report.
Auditor
Silverline Plastpacks Pvt Ltd is audited by H. JAMNADAS & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H. JAMNADAS & CO. | FY 2023 | 104033W |
Shareholding
The shareholding of Silverline Plastpacks Pvt Ltd 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 Silverline Plastpacks Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹12.73 Cr
Satisfied charges
₹1.55 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2009 | 10149486 | Bank of India | ₹6.37 Cr | Open | |
| 19 Mar 2009 | 10149729 | Bank of India | ₹6.37 Cr | Open | |
| 04 Jan 2001 | 90102684 | The Co-Operative Bank of Rajkot Ltd. | ₹90 Lakh | Satisfied | |
| 09 Dec 2000 | 90100736 | The Co-Operative Bank of Rajkot Ltd. | ₹20 Lakh | Satisfied | |
| 28 Mar 1995 | 90096364 | Bank of Baroda | ₹45 Lakh | Satisfied |
To see the full charge records of Silverline Plastpacks Pvt Ltd, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Silverline Plastpacks Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Silverline Plastpacks Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Silverline Plastpacks Pvt Ltd has a workforce of 8 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
-60%
GST
Silverline Plastpacks has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS0075K1ZF | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Silverline Plastpacks Pvt Ltd, buy the company report.
Recent activity
Silverline Plastpacks Pvt Ltd has 5 board changes on record since 2001: 3 appointments and 2 cessations. The latest: Bhartiben Harilal Bavaria ceased to be Director on 09 May 2025.
AGM
Silverline Plastpacks Pvt Ltd last Annual general meeting of members was held on 20 Sep 2025 as per latest MCA records.
Ceased
Bhartiben Harilal Bavaria ceased to be Director.
Filing
Silverline Plastpacks Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Bank Of India of Rs. 6.37 Cr registered on 24 Mar 2009 with Charge ID 10149486 was modified on 23 Dec 2021.
Charges
A charge with Bank Of India of Rs. 6.37 Cr registered on 19 Mar 2009 with Charge ID 10149729 was modified on 23 Dec 2021.
Appointed
Nidhiben Sunilbhai Bavaria was appointed as Director.
Charges
A charge with Bank Of India amounted to Rs. 6.37 Cr with Charge ID 10149486 was registered on 24 Mar 2009.
Charges
A charge registered on 04 Jan 2001 via Charge ID 90102684 with The Co-Operative Bank Of Rajkot Ltd. was fully satisfied on 21 Mar 2009.
Charges
A charge registered on 09 Dec 2000 via Charge ID 90100736 with The Co-Operative Bank Of Rajkot Ltd. was fully satisfied on 21 Mar 2009.
Charges
A charge with Bank Of India amounted to Rs. 6.37 Cr with Charge ID 10149729 was registered on 19 Mar 2009.
Ceased
Harilal Ramjibhai Bavaria ceased to be Director.
Charges
A charge with The Co-Operative Bank Of Rajkot Ltd. of Rs. 0.90 Cr registered on 04 Jan 2001 with Charge ID 90102684 was modified on 10 Sep 2004.
9 earlier events are in the company report.
Frequently asked questions
Silverline Plastpacks is an active private limited company based in Rajkot, Gujarat, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 21 March 1994 (32+ years old) and is registered under CIN U25200GJ1994PTC021595.
Silverline Plastpacks has 3 current directors:
- Bhartiben Harilal Bavaria - Director
- Sunil Harilal Bavaria - Director
- Nidhiben Sunilbhai Bavaria - Director
The latest financial statements of Silverline Plastpacks on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Silverline Plastpacks is 24AADCS0075K1ZF, registered in Gujarat.
The CIN (Corporate Identification Number) of Silverline Plastpacks is U25200GJ1994PTC021595. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silverline Plastpacks was incorporated on 21 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Silverline Plastpacks by revenue are Jhunjhunwala Polyplast Private Limited, Bellwort Papers Private Limited, Shakun Plastics Private Limited, Lakshmi Wovensacks Private Limited, Duna Fashions Private Limited, all in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Bhartiben Harilal Bavaria ceased to be Director on 09 May 2025. Nidhiben Sunilbhai Bavaria was appointed as Director on 27 Sep 2019. Harilal Ramjibhai Bavaria ceased to be Director on 08 Aug 2008. Silverline Plastpacks has 5 board changes on record in total.
Yes, Silverline Plastpacks is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0036285).
Silverline Plastpacks can be reached through the website silverlineplastic.com. Its registered office is in Rajkot, Gujarat, India.
The registered office of Silverline Plastpacks is at 219 Hira Panna Complex, Dr. Yagnik Road, Rajkot, Gujarat, India – 360001.
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