Silvertones Speciality Textile Private Limited

Silvertones Speciality Textile Private Limited - manufacturing in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U51909DL2005PTC133144 Incorporated 18 February 2005 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2025
₹49.29 Cr
▼ 4% YoY
Net profit · FY 2025
₹21.7 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹3.03 Cr
EBITDA margin 6.1%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.99 Cr
Issued & subscribed
Open charges
₹70.03 Cr
Satisfied ₹29.66 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
4
Provident fund records

About Silvertones Speciality Textile Private Limited

Data last updated:

Silvertones Speciality Textile Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the leather goods segment of the manufacturing sector. It was incorporated on 18 February 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2005PTC133144. Its GSTIN is 07AAICS7602P1ZT (Delhi). The company holds 5 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.99 Cr. It was formerly known as Silvertones Impex Private Limited. It is led by directors including Vikas Chawla and Vinay Chawla.

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 95A Municipal Market Opp. C – Block Nirulas Connaught Circus, New Delhi, Delhi, India – 110001.

As per the financials filed for FY 2025, the company reported a revenue of ₹49.29 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹21.7 Lakh (net margin 0.4%) and EBITDA of ₹3.03 Cr (EBITDA margin 6.1%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.

The company has about 4 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Suntop Bags. As per MCA filings, the company has open charges of ₹70.03 Cr and satisfied charges of ₹29.66 Cr on record. Court records list 13 cases involving the company, including 4 filed by the company and 9 filed against it; 2 cases are pending. The company has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹7.63 Cr; the latest was in March 2014.

Silvertones Speciality Textile Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-15-0001820). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suntop.in.

Company details

CIN U51909DL2005PTC133144
Registration Number 133144
Incorporation Date 18 February 2005
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HR-15-0001820

Recognitions & Rankings of Silvertones Speciality Textile

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-HR-15-0001820

Contact details

Silvertones Speciality Textile Private Limited's registered office is in New Delhi, Delhi. Its website is suntop.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    95A Municipal Market Opp. C – Block Nirulas Connaught Circus, New Delhi, Delhi, India – 110001
  • Industry
    Manufacturing, Leather Goods

To see the full contact details of Silvertones Speciality Textile Private Limited, buy the company report.

Comprehensive company report
Silvertones Speciality Textile 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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Brands

Silvertones Speciality Textile operates one associated brand: Suntop Bags. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturer of jewelrysuntop.in

Business activity

The main business activity of Silvertones Speciality Textile is manufacturing. In detail, this covers manufacture of leather and related products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing15Manufacture of leather and related products

To see the full business activity and turnover split of Silvertones Speciality Textile Private Limited, buy the company report.

Financials of Silvertones Speciality Textile Private Limited

FY 2024 filings available

Silvertones Speciality Textile Private Limited reported revenue of ₹49.29 Cr (down 4% YoY) for FY 2025.

Revenue · FY 2025
₹49.29 Cr ▼ 4%
Net profit · FY 2025
₹21.7 Lakh margin 0.4%
EBITDA · FY 2025
₹3.03 Cr margin 6.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 2%

Revenue has declined at a compounded annual rate (CAGR) of 5% over three years, including a 4% fall in the latest year. EBITDA fell 7% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹3.03 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹21.7 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin6.1%
Net Profit Margin0.4%
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

To see the full financial statements and ratios of Silvertones Speciality Textile Private Limited, buy the company report.

Board of directors of Silvertones Speciality Textile Private Limited

Silvertones Speciality Textile has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Auditor

Silvertones Speciality Textile Private Limited is audited by Kumod R & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Kumod R & CoFY 2023037728N

Shareholding

The shareholding of Silvertones Speciality Textile 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 categoryFY 2023FY 2022FY 2021FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Silvertones Speciality Textile Private Limited, buy the company report.

Charges & borrowings

Open charges
₹70.03 Cr
Satisfied charges
₹29.66 Cr
Breakdown by lending institutions
Oriental Bank of Commerce₹63.80 Cr
Others₹6.23 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Jul 2022100599179Others₹15.5 LakhOpen
24 Feb 2022100544713Others₹1.7 CrOpen
17 Oct 2020100381408Others₹97 LakhOpen
16 Jul 2020100353241Others₹3.4 CrOpen
09 Nov 201510616741Oriental Bank of Commerce₹5 LakhOpen

To see the full charge records of Silvertones Speciality Textile Private Limited, buy the company report.

Total charge records: 19 View all charges

Deals & funding

Silvertones Speciality Textile Private Limited has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹7.63 Cr; the latest was in March 2014.

Total deals
6
Funding rounds
5
Secondary share transfer
1
Disclosed funding
₹7.63 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Mar 2014Funding round₹1.8 CrInvestors: 4 individuals
Mar 2013Funding round₹2.18 CrInvestors: 4 individuals
Dec 2010Funding round₹3.34 CrInvestors: 4 individuals
Nov 2009Funding round₹8.5 LakhInvestors: 2 individuals
Mar 2007Secondary share transferUndisclosedBuyer: 3 individuals
Seller: 3 individuals

To see the full deal history of Silvertones Speciality Textile Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Silvertones Speciality Textile Private Limited was last rated by Brickwork on 17 May 2022.

Rating agencyRated onRating
Brickwork17 May 2022

To see the full credit ratings and regulatory alerts of Silvertones Speciality Textile Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Silvertones Speciality Textile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Silvertones Speciality Textile Private Limited has a workforce of 4 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
4
Active EPFO establishments
1
Employee growth
-20%

GST

Silvertones Speciality Textile has 5 GST registrations: 3 active and 2 cancelled or inactive.

Total GSTINs
5
Active
3
Cancelled / inactive
2
GSTINStateStatusRegistered on
07AAICS7602P1ZTDelhiActive01 Jul 2017
02AAICS7602P2Z2Himachal PradeshActive01 Jul 2017
06AAICS7602P1ZVHaryanaActive01 Jul 2017

To see the full GST registrations and return filing status of Silvertones Speciality Textile Private Limited, buy the company report.

Recent activity

Silvertones Speciality Textile Private Limited has 5 board changes on record since 2006: 3 appointments and 2 cessations. The latest: Anita Chawla ceased to be Director on 03 Apr 2023.

AGM
Silvertones Speciality Textile Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Silvertones Speciality Textile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Anita Chawla ceased to be Director.
Ceased
Manasvi Chawla ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100599179 was registered on 12 Jul 2022.
Charges
A charge with Others amounted to Rs. 1.70 Cr with Charge ID 100544713 was registered on 24 Feb 2022.
Charges
A charge with Others amounted to Rs. 0.97 Cr with Charge ID 100381408 was registered on 17 Oct 2020.
Charges
A charge with Others amounted to Rs. 3.40 Cr with Charge ID 100353241 was registered on 16 Jul 2020.
Charges
A charge with Oriental Bank Of Commerce of Rs. 34.35 Cr registered on 07 Nov 2012 with Charge ID 10389116 was modified on 29 Dec 2015.
Charges
A charge with Oriental Bank Of Commerce of Rs. 23.00 Cr registered on 05 Oct 2012 with Charge ID 10389119 was modified on 29 Dec 2015.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 0.05 Cr with Charge ID 10616741 was registered on 09 Nov 2015.
Charges
A charge registered on 31 Dec 2010 via Charge ID 10264942 with Karnataka Bank Ltd. was fully satisfied on 10 Jun 2014.

29 earlier events are in the company report.

Frequently asked questions

Silvertones Speciality Textile is an active private limited company based in New Delhi, Delhi, India. The company works in leather goods, within the manufacturing industry. It was incorporated on 18 February 2005 (21+ years old) and is registered under CIN U51909DL2005PTC133144.

Silvertones Speciality Textile has 3 current directors:

The latest financial statements of Silvertones Speciality Textile 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 Silvertones Speciality Textile is 07AAICS7602P1ZT, registered in Delhi. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 02AAICS7602P2Z2 (Himachal Pradesh), 06AAICS7602P1ZV (Haryana).

The CIN (Corporate Identification Number) of Silvertones Speciality Textile is U51909DL2005PTC133144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Silvertones Speciality Textile has 13 court cases on record: 4 filed by the company and 9 filed against it. 2 are pending. Most are in the district courts.

Silvertones Speciality Textile was incorporated on 18 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.

Silvertones Speciality Textile has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹7.63 Cr; the latest was in March 2014.

Anita Chawla ceased to be Director on 03 Apr 2023. Manasvi Chawla ceased to be Director on 03 Apr 2023. Vijay Kumar Chawla was appointed as Director on 10 May 2006. Silvertones Speciality Textile has 5 board changes on record in total.

Yes, Silvertones Speciality Textile is registered as a small enterprise under Udyam registration (number: UDYAM-HR-15-0001820).