MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-22-0004275
_PRIVATE_LIMITED.webp)
Silverstone Technologies (India) Private Limited - machinery and equipment in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.02 Cr
▼ 28% YoY
Net loss · FY 2025
₹2.29 Lakh
Net margin -1.1%
EBITDA · FY 2025
₹21.01 Lakh
EBITDA margin 10.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹4.5 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Silverstone Technologies (India) Private Limited
Data last updated:
Silverstone Technologies (India) Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 24 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74900GJ2008PTC054582. Its GSTIN is 24AAMCS2062D1ZM (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.5 Lakh. It is led by directors including Rajendra Budhmal Dugar (Managing Director) and Rishi Rajendra Dugar (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 C 16/17 City Industrial Estate Udhna Main Road, Surat, Gujarat, India – 394210.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.02 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹2.29 Lakh (net margin -1.1%) and EBITDA of ₹21.01 Lakh (EBITDA margin 10.4%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 3% over five years.
Silverstone Technologies (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0004275). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sstipl.in.
Company details
CIN U74900GJ2008PTC054582
Registration Number 054582
Incorporation Date 24 July 2008
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-22-0004275
Key People
Rajendra Budhmal Dugar Managing Director Rishi Rajendra Dugar Whole-Time Director Rekha Dugar Director Recognitions & Rankings of Silverstone Technologies (India)
Contact details
Silverstone Technologies (India) Private Limited's registered office is in Surat, Gujarat. Its website is sstipl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC 16/17 City Industrial Estate Udhna Main Road, Surat, Gujarat, India – 394210
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Silverstone Technologies (India) Private Limited, buy the company report.
Comprehensive company report
Silverstone Technologies (India) Private Limited - 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 activities of Silverstone Technologies (India) are manufacturing and trade. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and wholesale trading. 2 activity segments are registered with the MCA.
| 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 | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Silverstone Technologies (India) Private Limited, buy the company report.
Financials of Silverstone Technologies (India) Private Limited
FY 2025 filings availableSilverstone Technologies (India) Private Limited reported revenue of ₹2.02 Cr (down 28% YoY) for FY 2025.
Revenue · FY 2025
₹2.02 Cr ▼ 28%
Net loss · FY 2025
₹2.29 Lakh margin -1.1%
EBITDA · FY 2025
₹21.01 Lakh margin 10.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 28%
3 years · compounded
▼ 4%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 13%
5 years · compounded
▲ 5%
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 28% fall in the latest year. EBITDA rose 6% 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 | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹21.01 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.29 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 10.4% | ||||
| Net Profit Margin | -1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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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 Silverstone Technologies (India) Private Limited, buy the company report.
Board of directors of Silverstone Technologies (India) Private Limited
Silverstone Technologies (India) has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishi Rajendra Dugar | Whole-Time Director | 05 Feb 2024 | 2 Years 8 Months | Current |
| Rajendra Budhmal Dugar | Managing Director | 24 Jul 2008 | 18 Years 2 Months | Current |
| Rekha Dugar | Director | 05 Jul 2011 | 15 Years 3 Months | Current |
Peer comparison
Silverstone Technologies (India) Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Innvocreate Engineering & Food Technology India Private Limited | ₹2.03 Cr (FY 2025) | 34.0% | Raipur, Chhattisgarh, India | |||
| Konel Electric Private Limited | ₹2.03 Cr (FY 2024) | 50.0% | Ernakulam, Kerala, India | |||
| Aman Industrial Services Private Limited | ₹2.03 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Silverstone Technologies (India) Private Limitedthis company | ₹2.02 Cr (FY 2025) | -₹2.29 Lakh | -1.1% | -28.0% | Surat, Gujarat, India | |
| Southern Carbons Pvt Ltd | ₹2.01 Cr (FY 2025) | 224.0% | Paravur, Kerala, India | |||
| Parkeen Pneumatics Pvt Ltd | ₹2.01 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Silverstone Technologies (India) Private Limited, buy the company report.
Auditor
Silverstone Technologies (India) Private Limited is audited by J J A M & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J J A M & Co. | FY 2023 | 0000337C |
Shareholding
The shareholding of Silverstone Technologies (India) 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 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 Silverstone Technologies (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Silverstone Technologies (India) 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
Silverstone Technologies (India) Private Limited has 7 MSME Form 1 returns on record between 2019 and 2022, listing 88 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Luna Technologies Private Limited | |||
| Splashjet Inkjet Ink Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Silverstone Technologies (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Silverstone Technologies (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAMCS2062D1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Silverstone Technologies (India) Private Limited, buy the company report.
Recent activity
Silverstone Technologies (India) Private Limited has 7 board changes on record since 2008: 3 appointments and 4 cessations. The latest: Rishi Rajendra Dugar ceased to be Director on 30 Apr 2024.
AGM
Silverstone Technologies (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Silverstone Technologies (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Rishi Rajendra Dugar ceased to be Director.
Appointed
Rishi Rajendra Dugar was appointed as Whole-Time Director.
Ceased
Siddharth Dugar ceased to be Director.
Ceased
Rajendra Budhmal Dugar ceased to be Director.
Appointed
Rekha Dugar was appointed as Director.
Ceased
Naveen Rameshwar Dixit ceased to be Director.
Appointed
Rajendra Budhmal Dugar was appointed as Managing Director.
Incorporation
24 Jul 2008
Silverstone Technologies (India) Private Limited was registered on 24 Jul 2008 with Roc Ahmedabad & aged 18 years 3 months as per MCA records.
Frequently asked questions
Silverstone Technologies (India) is an active private limited company based in Surat, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 24 July 2008 (18+ years old) and is registered under CIN U74900GJ2008PTC054582.
Silverstone Technologies (India) has 3 current directors:
- Rajendra Budhmal Dugar - Managing Director
- Rishi Rajendra Dugar - Whole-Time Director
- Rekha Dugar - Director
The latest financial statements of Silverstone Technologies (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Silverstone Technologies (India) is 24AAMCS2062D1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Silverstone Technologies (India) is U74900GJ2008PTC054582. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silverstone Technologies (India) was incorporated on 24 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Silverstone Technologies (India) by revenue are Innvocreate Engineering & Food Technology India Private Limited, Konel Electric Private Limited, Aman Industrial Services Private Limited, Southern Carbons Pvt Ltd, Parkeen Pneumatics Pvt Ltd, all in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Rishi Rajendra Dugar ceased to be Director on 30 Apr 2024. Rishi Rajendra Dugar was appointed as Whole-Time Director on 05 Feb 2024. Siddharth Dugar ceased to be Director on 05 Feb 2024. Silverstone Technologies (India) has 7 board changes on record in total.
Yes, Silverstone Technologies (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-22-0004275).
Silverstone Technologies (India) has 7 MSME Form 1 returns on record between 2019 and 2022, listing 88 overdue payments to 6 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Silverstone Technologies (India) can be reached through the website sstipl.in. Its registered office is in Surat, Gujarat, India.
The registered office of Silverstone Technologies (India) is at C 1617 City Industrial Estate Udhna Main Road, Surat, Gujarat, India – 394210.