Silverline Technospin Limited
About Silverline Technospin Limited
Data last updated:
Silverline Technospin Limited is a public limited company based in Navsari, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 06 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17112GJ2005PLC046018. Its GSTIN is 24AAJCS1313A1Z3 (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹88.58 Lakh. It is led by directors including Tushar Jayantilal Raichura (Managing Director) and Kashmira Tushar Raichura (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 216 – A Old GIDC Kabilpore, Navsari, Gujarat, India – 396424.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.75 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹10.78 Lakh (net margin 2.9%) and EBITDA of ₹75.58 Lakh (EBITDA margin 20.2%). Revenue has grown at a compounded annual rate (CAGR) of 19% 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 ₹3.75 Cr and satisfied charges of ₹1.75 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address216 – A Old GIDC Kabilpore, Navsari, Gujarat, India – 396424
- IndustryManufacturing, Textile & Fabric Production
- 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 Silverline Technospin Limited
The main business activity of Silverline Technospin 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 Silverline Technospin Limited FY 2025 filings available
Silverline Technospin Limited reported revenue of ₹3.75 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Silverline Technospin Limited
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 16% growth in the latest year. EBITDA fell 9% 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 Technospin Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹75.58 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.78 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 Silverline Technospin Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.9% | •••• | •••• | •••• | •••• |
| 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 Silverline Technospin 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.
Peer Comparison of Silverline Technospin Limited
Silverline Technospin Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Marktesh Trading Limited | ₹3.76 Cr (FY 2025) | •••• | •••• | 271.0% | •••• | New Delhi, Delhi, India |
| Shri Mahabir Dyeing and Printing Mills Private Limited | ₹3.76 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Mumbai, Maharashtra, India |
| Khoob Soorat Fabrics Private Limited | ₹3.75 Cr (FY 2024) | •••• | •••• | 4280.0% | •••• | New Delhi, Delhi, India |
| JSM Synthetics Private Limited | ₹3.75 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Bhilwara, Rajasthan, India |
| Eshan Texfab Private Limited | ₹3.75 Cr (FY 2021) | •••• | •••• | -47.0% | •••• | Ludhiana, Punjab, India |
| Silverline Technospin Limited this company | ₹3.75 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Navsari, Gujarat, India |
| Laxminarayan Fabtex (I) Private Limited | ₹3.74 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Solapur, Maharashtra, India |
| Vivah Textiles Private Limited | ₹3.74 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Surat, Gujarat, India |
| Astalaxmi Fabrics Private Limited | ₹3.74 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Mumbai, Maharashtra, India |
| H.K. Fabrics Private Limited | ₹3.73 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Chennai, Tamil Nadu, India |
| Agrawal Cotton Private Limited | ₹3.73 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Silverline Technospin by revenue in the Consumer Products industry (Textile Retail and Distribution), 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 Silverline Technospin Limited
Silverline Technospin Limited is audited by DILIP VEKARIYA & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DILIP VEKARIYA & 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.
Board of Directors of Silverline Technospin Limited
Silverline Technospin has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kashmira Tushar Raichura | Whole-Time Director | 06 May 2005 | 21 Years 5 Months | Current |
| Tushar Jayantilal Raichura | Managing Director | 12 Jun 2007 | 19 Years 3 Months | Current |
| Viren Tushar Raichura | Whole-Time Director | 15 Mar 2013 | 13 Years 6 Months | Current |
Ownership and Shareholding of Silverline Technospin 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 Technospin Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Aug 2013 | ₹30 Lakh | Open | |
| 16 Nov 2010 | Others | ₹3.45 Cr | Open |
| 23 Mar 2010 | Bank of Baroda | ₹1.75 Cr | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Silverline Technospin Limited
Silverline Technospin Limited has 1 court case on record: 1 filed by Silverline Technospin. All case is pending. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against Dakshin Gujarat Vij Company Limited | Pending |
Full case history
All 1 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.
Employees and EPFO Compliance at Silverline Technospin Limited
Silverline Technospin Limited has a workforce of 8 employees as of Apr 03, 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.
CIN History of Silverline Technospin Limited
Silverline Technospin has one previous CIN (Corporate Identification Number): L17112GJ2005PLC046018. The current CIN is U17112GJ2005PLC046018, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17112GJ2005PLC046018 | Current |
| L17112GJ2005PLC046018 | Previous |
Recent Activity on Silverline Technospin Limited
Silverline Technospin Limited has 10 board changes on record since 2005: 3 appointments and 7 cessations. The latest: Tushar Jayantilal Raichura ceased to be Director on 16 Jul 2018.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Silverline Technospin 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 Technospin 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 Technospin 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 Silverline Technospin Limited
Silverline Technospin has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCS1313A1Z3 | 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.
MCA Filings & Documents of Silverline Technospin 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 Silverline Technospin Limited
Silverline Technospin is an active public limited company based in Navsari, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 06 May 2005 (21+ years old) and is registered under CIN U17112GJ2005PLC046018.
Silverline Technospin reported revenue of ₹3.75 Cr for FY 2025 (up 16% YoY).
Silverline Technospin has 3 current directors:
- Tushar Jayantilal Raichura - Managing Director
- Kashmira Tushar Raichura - Whole-Time Director
- Viren Tushar Raichura - Whole-Time Director
Silverline Technospin reported a net profit of ₹10.78 Lakh (net margin 2.9%) and EBITDA of ₹75.58 Lakh (EBITDA margin 20.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Silverline Technospin is 19% over three years and 4% over five years. In the latest year (FY 2025) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Silverline Technospin is 24AAJCS1313A1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Silverline Technospin is U17112GJ2005PLC046018. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silverline Technospin has 1 court case on record: 1 filed by the company. 1 is pending.
Silverline Technospin was incorporated on 06 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Silverline Technospin by revenue are Marktesh Trading Limited, Shri Mahabir Dyeing and Printing Mills Private Limited, Khoob Soorat Fabrics Private Limited, JSM Synthetics Private Limited, Eshan Texfab Private Limited and 5 more, all in the Consumer Products industry (Textile Retail and Distribution).
Tushar Jayantilal Raichura ceased to be Director on 16 Jul 2018. Viren Tushar Raichura ceased to be Director on 19 Feb 2018. Priya Vipul Raichura ceased to be Whole-Time Director on 29 Nov 2014. Silverline Technospin has 10 board changes on record in total.