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 of Silverstone Technologies (India) Private Limited
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
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressC 16/17 City Industrial Estate Udhna Main Road, Surat, Gujarat, India – 394210
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
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Business Activity of Silverstone Technologies (India) Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Silverstone Technologies (India) Private Limited FY 2025 filings available
Silverstone 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) of Silverstone Technologies (India) Private Limited
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 of Silverstone Technologies (India) Private 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 | ₹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 | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Silverstone Technologies (India) Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| 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 Silverstone Technologies (India) are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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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 of Silverstone Technologies (India) Private Limited
Silverstone Technologies (India) Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery). Net profit, margin and employee counts of each company are in the company report.
| 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 |
| Sanora Sewtec Private Limited | ₹2.03 Cr (FY 2025) | •••• | •••• | 1148.0% | •••• | Bangalore, Karnataka, India |
| Kiron Servepreneurs Private Limited | ₹2.02 Cr (FY 2025) | •••• | •••• | -79.0% | •••• | Mumbai, Maharashtra, India |
| Silverstone Technologies (India) Private Limited this company | ₹2.02 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Surat, Gujarat, India |
| Southern Carbons Pvt Ltd | ₹2.01 Cr (FY 2025) | •••• | •••• | 224.0% | •••• | Paravur, Kerala, India |
| Goodnews Measurement Cooperation Private Limited | ₹2.01 Cr (FY 2023) | •••• | •••• | 88.0% | •••• | Gurgaon, Haryana, India |
| P.C. Ghosh & Co Pvt Ltd | ₹2.01 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Kolkata, West Bengal, India |
| Parkeen Pneumatics Pvt Ltd | ₹2.01 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Laservall Technosolutions Private Limited | ₹2.01 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Silverstone Technologies (India) by revenue in the Machinery and Equipment industry (Process Machinery), 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 Silverstone Technologies (India) Private Limited
Silverstone Technologies (India) Private Limited is audited by J J A M & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J J A M & Co. | Locked | Locked | Locked |
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Ownership and Shareholding of Silverstone Technologies (India) Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Silverstone Technologies (India) Private Limited
Silverstone Technologies (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Silverstone Technologies (India) Private Limited
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 | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 7 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Silverstone Technologies (India) Private Limited
Employment history and EPFO contributions of people linked to Silverstone Technologies (India).
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Silverstone Technologies (India) Private Limited
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 2 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Silverstone Technologies (India) Private Limited
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Subsidiaries & Group Companies of Silverstone Technologies (India) Private Limited
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GST Compliance of Silverstone Technologies (India) Private Limited
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 |
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MCA Filings & Documents of Silverstone Technologies (India) Private Limited
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Frequently Asked Questions about Silverstone Technologies (India) Private Limited
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) reported revenue of ₹2.02 Cr for FY 2025 (down 28% YoY).
Silverstone Technologies (India) has 3 current directors:
- Rajendra Budhmal Dugar - Managing Director
- Rishi Rajendra Dugar - Whole-Time Director
- Rekha Dugar - Director
Silverstone Technologies (India) reported a net loss of ₹2.29 Lakh (net margin -1.1%) and EBITDA of ₹21.01 Lakh (EBITDA margin 10.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Silverstone Technologies (India) is -4% over three years and -3% over five years. In the latest year (FY 2025) revenue fell 28%. CAGR is the steady yearly rate that links the first and the last year.
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, Sanora Sewtec Private Limited, Kiron Servepreneurs Private Limited and 5 more, all in the Machinery and Equipment industry (Process Machinery).
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.