About Silveroak Commercials Limited
Data last updated:
Silveroak Commercials Limited is a public limited company based in Nashik, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 11 April 1985.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L31504MH1985PLC035916. The company has 1 GST registration on record, which is no longer active. It is a listed company as per MCA records. Its shares are listed on BSE: 512197.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.75 Cr. It is led by directors including Tushar Rangnath Patil (Managing Director) and Amar Vijay Patil.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Plot No F – 24 MIDC Satpur, Nashik, Maharashtra, India – 422007.
As per the latest standalone financials for FY 2018-19, the company reported a revenue of ₹4.42 Cr, a decline of 67.9% compared to the previous year. For the same year it recorded a net loss of ₹7.84 Cr (net margin -177.4%) and EBITDA of -₹6.41 Cr (EBITDA margin -145%). Total assets are valued at ₹3.65 Cr (down 72.1% YoY).
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Silveroak Commercials. As per MCA filings, the company has open charges of ₹10.7 Cr on record. Court records list 9 cases involving the company, including 2 filed by the company and 7 filed against it; 2 cases are pending. The company has 54 deals on record (54 market trades); the latest was in October 2025.
The last known website on record is silveroak.co.in.
Company details
CIN history
Silveroak Commercials has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L31504MH1985PLC035916, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L31504MH1985PLC035916 | Current |
| L51100MH1985PLC035916 | Previous |
| U51100MH1985PLC035916 | Previous |
Contact details
Silveroak Commercials Limited's registered office is in Nashik, Maharashtra. Its website is silveroak.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No F – 24 MIDC Satpur, Nashik, Maharashtra, India – 422007
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Silveroak Commercials 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
Silveroak Commercials operates one associated brand: Silveroak Commercials. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Commodity brokerage services are facilitated for various markets. | silveroak.co.in |
Business activity
The main business activity of Silveroak Commercials is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Silveroak Commercials Limited, buy the company report.
Financials of Silveroak Commercials Limited
FY 2018-19 filings availableSilveroak Commercials Limited reported revenue of ₹4.42 Cr (down 67.9% YoY) for FY 2018-19.
Financial Highlights
FY 2018-19 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 4.42 | 13.75 | 34.99 | 24.22 | 25.34 | 1.96 | 5.79 |
| Revenue growth | -67.9% | -60.7% | +44.5% | -4.4% | +1192.9% | -66.2% | - |
| EBITDA | (6.41) | 2.21 | 2.76 | 2.30 | 1.63 | (3.14) | 0.00 |
| EBITDA margin | -145.0% | +16.1% | +7.9% | +9.5% | +6.4% | -160.2% | 0.0% |
| Profit before tax | (7.68) | 0.26 | 0.75 | 0.59 | 0.52 | (3.20) | 0.00 |
| Net profit | (7.84) | 0.21 | 0.41 | (0.08) | 0.34 | 0.06 | 0.00 |
| Net profit margin | -177.4% | +1.5% | +1.2% | -0.3% | +1.3% | +3.1% | 0.0% |
| EPS (₹) | 0.00 | 0.74 | 1.49 | 0.00 | 1.25 | 0.00 | 0.02 |
| Balance sheet | |||||||
| Total assets | 3.65 | 13.06 | 13.16 | 13.88 | 13.33 | 1.00 | 3.42 |
| Net worth | (3.70) | 4.14 | 3.92 | 3.59 | 3.67 | 0.05 | 3.27 |
| Total debt | 7.34 | 8.93 | 9.25 | 9.39 | 9.66 | 0.95 | 0.15 |
| Cash & bank | 0.05 | 0.61 | 0.35 | 0.15 | 0.25 | 0.01 | 0.04 |
| Net working capital | (2.39) | 6.91 | 6.79 | 7.28 | 6.66 | (4.74) | (0.02) |
| Cash flow | |||||||
| Cash from operations | (0.67) | 0.32 | 2.98 | 0.83 | (5.10) | 0.00 | 0.00 |
| Cash from investing | 0.31 | 0.12 | (0.02) | (0.10) | (2.37) | 0.00 | 0.00 |
| Cash from financing | (0.09) | (0.14) | (2.93) | (0.84) | 7.70 | 0.00 | 0.00 |
Financial Statements
| Particulars | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|---|---|---|
| Revenue | 4.42 | 13.75 | 34.99 | 24.22 | 25.34 | 1.96 | 5.79 |
| Revenue growth | -67.9% | -60.7% | +44.5% | -4.4% | +1192.9% | -66.2% | - |
| Other income | 0.19 | 0.07 | 0.12 | 0.07 | 0.04 | 0.00 | 0.00 |
| Total expenses | 10.83 | 11.54 | 32.23 | 21.92 | 23.71 | 5.10 | 5.79 |
| Employee cost | 0.51 | 0.68 | 1.09 | 1.21 | 1.02 | 0.01 | 0.01 |
| EBITDA | (6.41) | 2.21 | 2.76 | 2.30 | 1.63 | (3.14) | 0.00 |
| EBITDA margin | -145.0% | +16.1% | +7.9% | +9.5% | +6.4% | -160.2% | 0.0% |
| Depreciation | 0.24 | 0.24 | 0.24 | 0.18 | 0.16 | 0.03 | 0.00 |
| Interest | 1.22 | 1.78 | 1.89 | 1.60 | 0.99 | 0.03 | 0.00 |
| Profit before tax | (7.68) | 0.26 | 0.75 | 0.59 | 0.52 | (3.20) | 0.00 |
| Tax | 0.16 | 0.05 | 0.34 | 0.67 | 0.18 | 0.04 | 0.00 |
| Net profit | (7.84) | 0.21 | 0.41 | (0.08) | 0.34 | 0.06 | 0.00 |
| Net profit margin | -177.4% | +1.5% | +1.2% | -0.3% | +1.3% | +3.1% | 0.0% |
| EPS (₹) | 0.00 | 0.74 | 1.49 | 0.00 | 1.25 | 0.00 | 0.02 |
| Particulars | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 2.75 | 2.75 | 2.75 | 2.75 | 2.75 | 2.75 | 2.75 |
| Reserves & surplus | (6.45) | 1.39 | 1.17 | 0.84 | 0.92 | (2.70) | 0.52 |
| Shareholders' funds (net worth) | (3.70) | 4.14 | 3.92 | 3.59 | 3.67 | 0.05 | 3.27 |
| Secured loans | 5.10 | 6.98 | 8.52 | 9.39 | 9.56 | 0.85 | 0.00 |
| Unsecured loans | 2.24 | 1.95 | 0.73 | 0.00 | 0.10 | 0.10 | 0.15 |
| Total debt | 7.34 | 8.93 | 9.25 | 9.39 | 9.66 | 0.95 | 0.15 |
| Total liabilities | 3.65 | 13.06 | 13.16 | 13.88 | 13.33 | 1.00 | 3.42 |
| Assets | |||||||
| Gross block | 6.80 | 6.80 | 6.81 | 6.71 | 6.62 | 5.71 | 0.00 |
| Net block | 5.64 | 5.88 | 6.12 | 6.34 | 6.43 | 5.71 | 0.00 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 0.00 |
| Investments | 0.40 | 0.40 | 0.40 | 0.27 | 0.25 | 0.00 | 0.00 |
| Inventories | 0.00 | 2.90 | 2.08 | 1.80 | 2.06 | 0.00 | 0.00 |
| Sundry debtors | 10.23 | 12.40 | 17.02 | 9.46 | 7.38 | 0.25 | 1.89 |
| Cash & bank balances | 0.05 | 0.61 | 0.35 | 0.15 | 0.25 | 0.01 | 0.04 |
| Loans & advances | 1.18 | 1.34 | 1.55 | 1.04 | 0.79 | 0.00 | 0.00 |
| Total current assets | 11.46 | 17.25 | 21.00 | 12.45 | 10.48 | 0.26 | 1.93 |
| Total current liabilities | 13.85 | 10.34 | 14.21 | 5.17 | 3.82 | 5.00 | 1.95 |
| Net working capital | (2.39) | 6.91 | 6.79 | 7.28 | 6.66 | (4.74) | (0.02) |
| Total assets | 3.65 | 13.06 | 13.16 | 13.88 | 13.33 | 1.00 | 3.42 |
| Particulars | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.48 | 0.18 | 0.15 | 0.25 | 0.01 | 0.00 | 0.00 |
| Net cash from operating activities | (0.67) | 0.32 | 2.98 | 0.83 | (5.10) | 0.00 | 0.00 |
| Net cash from investing activities | 0.31 | 0.12 | (0.02) | (0.10) | (2.37) | 0.00 | 0.00 |
| Net cash from financing activities | (0.09) | (0.14) | (2.93) | (0.84) | 7.70 | 0.00 | 0.00 |
| Net change in cash | (0.45) | 0.30 | 0.03 | (0.11) | 0.24 | 0.00 | 0.00 |
| Closing cash | 0.05 | 0.61 | 0.35 | 0.15 | 0.25 | 0.01 | 0.04 |
| Particulars | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -67.9% | -60.7% | +44.5% | -4.4% | +1192.9% | -66.2% | - |
| EBITDA growth | -390.1% | -19.9% | +20.0% | +41.1% | +151.9% | - | - |
| PBT growth | - | -65.3% | +27.1% | +13.5% | +9998.0% | +9997.0% | +9997.0% |
| Net income growth | -3833.3% | -48.8% | +612.5% | -123.5% | +466.7% | - | - |
| Revenue CAGR (3Y) | -43.3% | -18.4% | +161.4% | +61.1% | - | - | - |
| EBITDA CAGR (3Y) | - | +10.7% | - | - | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | -177.4% | +1.5% | +1.2% | -0.3% | +1.3% | -165.3% | 0.0% |
| Return on capital employed | 0.0% | +15.5% | +19.5% | +16.1% | +21.1% | 0.0% | 0.0% |
| Return on net worth | 0.0% | +5.0% | +10.9% | -2.2% | +18.3% | 0.0% | 0.0% |
| Debt / equity | 36.98 | 2.25 | 2.48 | 2.62 | 2.85 | 0.33 | 0.02 |
| Long-term debt / equity | 20.25 | 1.49 | 1.28 | 0.90 | 1.25 | 0.26 | 0.00 |
| Interest cover | -18.35 | 90.36 | 75.00 | 75.47 | 67.35 | -0.95 | - |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.65 | 2.04 | 5.27 | 3.90 | 4.24 | 0.69 | 0.00 |
| Inventory turnover | 3.05 | 5.57 | 18.36 | 13.46 | 25.40 | 0.00 | 0.00 |
| Debtors turnover | 0.39 | 0.94 | 2.69 | 3.08 | 6.86 | 1.83 | 5.94 |
| EPS (₹) | 0.00 | 0.74 | 1.49 | 0.00 | 1.25 | 0.00 | 0.02 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | (13.44) | 15.04 | 14.25 | 13.05 | 13.34 | 0.17 | 11.90 |
To see the full year-wise statements and ratios of Silveroak Commercials Limited, buy the company report.
Board of directors of Silveroak Commercials Limited
Silveroak Commercials has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tushar Rangnath Patil | Managing Director | 07 Feb 2012 | 14 Years 8 Months | As last reported |
| Amar Vijay Patil Also directs: Vijamar Agrotech Private Limited, Vijamar Buildmart Private Limited, Black Rock Contours Private Limited and 1 more | Director | 01 May 2015 | 11 Years 5 Months | As last reported |
| Shailaja Vaibhav Patil | Director | 01 May 2015 | 11 Years 5 Months | As last reported |
| Vikas Suresh Malekar Also directs: G-Vijay Enterprises LLP, Magna Colors Limited, Raj Irrigation Pipes and Fittings Limited and 4 more | Director | 30 Sep 2016 | 10 Years 0 Months | As last reported |
Auditor
Silveroak Commercials Limited is audited by KARWA MALANI KALANTRI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KARWA MALANI KALANTRI & ASSOCIATES | FY 2019 | 136867W |
Shareholding
The shareholding of Silveroak Commercials Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Silveroak Commercials Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 2014 | 10515174 | Others | ₹5.7 Cr | Open | |
| 12 Aug 2014 | 10514839 | The Nasik Merchants Co-Op Bank Ltd | ₹5 Cr | Open |
To see the full charge records of Silveroak Commercials Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Silveroak Commercials Limited has 54 deals on record (54 market trades); the latest was in October 2025.
Deals on record (5 of 54)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2025 | Market trade | ₹1.3 Lakh | Seller: an individual |
| Mar 2024 | Market trade | ₹60,000 | Buyer: an individual |
| Dec 2023 | Market trade | ₹2.9 Lakh | Buyer: Anil Kumar Goel (Huf), an individual Seller: an individual |
| Dec 2023 | Market trade | ₹2.8 Lakh | Seller: N L Rungta (Huf), an individual |
| Aug 2020 | Market trade | ₹2 Lakh | Buyer: Sona Biscuits Ltd. Seller: Ram Gopal Ramgarhia Huf |
To see the full deal history of Silveroak Commercials Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Silveroak Commercials Limited has 9 court cases on record: 2 filed by Silveroak Commercials, 7 filed against it. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 1 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Ultratech Cement Ltd | Pending |
| Bombay High Court | Writ petition | Filed by the company against The Nasik Merchant Co-Operative Bank Ltd. and Ors and 2 others | Pending |
| District court, Nashik, Maharashtra | Arbitration matter | Filed against the company by an individual | Disposed |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Royal Richards Electro Indian Pvt. Ltd., THR. Bhupesh R. Solanki | Disposed |
| Bombay High Court | Writ petition | Filed against the company by The Nashik Merchants Cooperative Bank Limited Through Chief Manager S.D. Bagul | Disposed |
To see the full case history of Silveroak Commercials 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 Silveroak Commercials Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Silveroak Commercials Limited has a workforce of 3 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Silveroak Commercials has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Silveroak Commercials Limited, buy the company report.
Recent activity
Silveroak Commercials Limited has 18 board changes on record since 2000: 11 appointments and 7 cessations. The latest: Vijay Balwant Patil ceased to be Director on 22 Oct 2018.
12 earlier events are in the company report.
Frequently asked questions
Silveroak Commercials is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Silveroak Commercials is a company under liquidation, formerly operating as a public limited company based in Nashik, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 11 April 1985 and is registered under CIN L31504MH1985PLC035916. Listed on BSE: 512197. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Silveroak Commercials reported revenue of ₹4.42 Cr for FY 2018-19 (down 67.9% YoY) based on standalone financials.
Silveroak Commercials has 4 current directors:
- Tushar Rangnath Patil - Managing Director
- Amar Vijay Patil - Director
- Shailaja Vaibhav Patil - Director
- Vikas Suresh Malekar - Director
The latest financial statements of Silveroak Commercials on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Silveroak Commercials is L31504MH1985PLC035916. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Silveroak Commercials is a listed company as per MCA records. Its shares are listed on BSE (code: 512197).
Silveroak Commercials has open charges of ₹10.7 Cr and no satisfied charges on record as per latest MCA filings.
Silveroak Commercials has 9 court cases on record: 2 filed by the company and 7 filed against it. 2 are pending. Most are in the district courts.
Silveroak Commercials was incorporated on 11 April 1985. It is registered with the Registrar of Companies, Mumbai.