- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0345008

About Silverstar Fragrances Private Limited
Data last updated:
Silverstar Fragrances Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the sports goods segment of the musical instruments sector. It was incorporated on 07 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH2013PTC249858. Its GSTIN is 27AATCS8655D1ZQ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Niti Pradip Gosalia and Riddhi Pradip Gosalia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹19.02 Lakh, a growth of 56% compared to the previous year. For the same year it recorded a net profit of ₹11,864 (net margin 0.6%) and EBITDA of ₹46,465 (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 8% over five years.
The company is associated with 1 brand: Silverstar Fragrances.
Silverstar Fragrances Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0345008). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website silverstarfragrances.com.
Company details
Recognitions & Rankings of Silverstar Fragrances
Contact details
Silverstar Fragrances Private Limited's registered office is in Thane, Maharashtra. Its website is silverstarfragrances.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGala No.121 Building No. 2 New Rajashree Industrial Estate, G. B. Road. Chitalsal Manpada, Thane, Maharashtra, India – 400610
- IndustryMusical Instruments, Sports Goods, Musical Instrument, Manufacturing, Jewellery
To see the full contact details of Silverstar Fragrances 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
Silverstar Fragrances operates one associated brand: Silverstar Fragrances. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fragrance manufacturing and design services in India. | silverstarfragrances.com |
Business activity
The main business activity of Silverstar Fragrances is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Silverstar Fragrances Private Limited, buy the company report.
Financials of Silverstar Fragrances Private Limited
FY 2024 filings availableSilverstar Fragrances Private Limited reported revenue of ₹19.02 Lakh (up 56% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 56% growth in the latest year. EBITDA rose 4% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹46,465 | ||||
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| Net Profit (PAT) | ₹11,864 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 2.4% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Silverstar Fragrances Private Limited, buy the company report.
Board of directors of Silverstar Fragrances Private Limited
Silverstar Fragrances has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niti Pradip Gosalia | Director | 16 Jul 2021 | 5 Years 3 Months | Current |
| Riddhi Pradip Gosalia Also directs: Bueno Technologies Private Limited | Director | 27 Dec 2016 | 9 Years 10 Months | Current |
Peer comparison
Silverstar Fragrances Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S.K. Ornaments Private Limited | ₹19.11 Lakh (FY 2024) | -7.0% | Mumbai, Maharashtra, India | |||
| Shirodker Jewellers Private Limited | ₹19.09 Lakh (FY 2025) | 24.0% | Goa, India | |||
| Asquare Diamonds and Jewels Private Limited | ₹19.07 Lakh (FY 2021) | 2498.0% | Navi Mumbai, Maharashtra, India | |||
| Gffco Global Private Limited | ₹19.04 Lakh (FY 2025) | 35.0% | Perundurai, Tamil Nadu, India | |||
| Zaena Bio Private Limited | ₹19.03 Lakh (FY 2024) | -26.0% | Coimbatore, Tamil Nadu, India | |||
| Silverstar Fragrances Private Limitedthis company | ₹19.02 Lakh (FY 2023) | ₹11,864 | 0.6% | 56.0% | Thane, Maharashtra, India | |
| Hardten Precision Technologies Private Limited | ₹19.01 Lakh (FY 2025) | 108.0% | Surat, Gujarat, India | |||
| P. D. Mehta Export Private Limited | ₹18.97 Lakh (FY 2017) | -28.0% | Mumbai, Maharashtra, India | |||
| Nayak Buildcon Private Limited | ₹18.87 Lakh (FY 2024) | -55.0% | Samastipur, Bihar, India | |||
| Mondal Carat World Private Limited | ₹18.87 Lakh (FY 2017) | 33.0% | Delhi, India | |||
| Goldplex Aluminium Systems (India) Private Limited | ₹18.86 Lakh (FY 2016) | -44.0% | New Delhi, Delhi, India |
To see the full peer comparison of Silverstar Fragrances Private Limited, buy the company report.
Auditor
Silverstar Fragrances Private Limited is audited by A. R. JADHAV & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. R. JADHAV & ASSOCIATES | FY 2017 | 134199W |
Shareholding
The shareholding of Silverstar Fragrances Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Silverstar Fragrances Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Silverstar Fragrances Private Limited 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 Silverstar Fragrances Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Silverstar Fragrances has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCS8655D1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Silverstar Fragrances Private Limited, buy the company report.
Recent activity
Silverstar Fragrances Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Niti Pradip Gosalia was appointed as Director on 16 Jul 2021.
Frequently asked questions
Silverstar Fragrances is an active private limited company based in Thane, Maharashtra, India. The company works in sports goods, within the musical instruments industry. It was incorporated on 07 November 2013 (13+ years old) and is registered under CIN U36912MH2013PTC249858.
Silverstar Fragrances has 2 current directors:
- Niti Pradip Gosalia - Director
- Riddhi Pradip Gosalia - Director
The latest financial statements of Silverstar Fragrances on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Silverstar Fragrances is 27AATCS8655D1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Silverstar Fragrances is U36912MH2013PTC249858. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silverstar Fragrances was incorporated on 07 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Silverstar Fragrances by revenue are S.K. Ornaments Private Limited, Shirodker Jewellers Private Limited, Asquare Diamonds and Jewels Private Limited, Gffco Global Private Limited, Zaena Bio Private Limited and 5 more, all in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Niti Pradip Gosalia was appointed as Director on 16 Jul 2021. Shailesh Jayantilal Sheth ceased to be Director on 16 Jul 2021. Madhumala Parmeshwar Narayankar ceased to be Director on 04 Mar 2017. Silverstar Fragrances has 5 board changes on record in total.
Yes, Silverstar Fragrances is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0345008).
Silverstar Fragrances can be reached through the website silverstarfragrances.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Silverstar Fragrances is at Gala No.121 Building No. 2 New Rajashree Industrial Estate, G. B. Road. Chitalsal Manpada, Thane, Maharashtra, India – 400610.

