VV Silver Palace Private Limited

VV Silver Palace Private Limited - consumer goods in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U51909DL2005PTC133287 Incorporated 23 February 2005 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company consumer goods MSME · Small
Data last updated
Revenue · FY 2025
₹22.69 Cr
▼ 5% YoY
Net profit · FY 2025
₹68.27 Lakh
Net margin 3%
EBITDA · FY 2025
₹1.91 Cr
EBITDA margin 8.4%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹31.75 Lakh
Issued & subscribed
Open charges
₹4.56 Cr
Satisfied ₹13 Lakh
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings

About VV Silver Palace Private Limited

Data last updated:

VV Silver Palace Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 23 February 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2005PTC133287. Its GSTIN is 07AABCE4427B1Z6 (Delhi).

The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹31.75 Lakh. It was formerly known as Elanda Exports Pvt Ltd. It is led by directors Subhash Chand Verma and Vishal Verma.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3229 – 3232 Gali No.29 Plot No 57 Beadon Pura Karol Bagh, New Delhi, Delhi, India – 110005.

As per the financials filed for FY 2025, the company reported a revenue of ₹22.69 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹68.27 Lakh (net margin 3%) and EBITDA of ₹1.91 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 22% over five years.

The company is associated with 1 brand: VV Silver Palace. As per MCA filings, the company has open charges of ₹4.56 Cr and satisfied charges of ₹13 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending.

VV Silver Palace Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-01-0004828). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vvsilver.com.

Company details

CIN U51909DL2005PTC133287
Registration Number 133287
Incorporation Date 23 February 2005
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-01-0004828
Key People
Subhash Chand Verma Director Vishal Verma Director

Recognitions & Rankings of VV Silver Palace

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-DL-01-0004828

Contact details

VV Silver Palace Private Limited's registered office is in New Delhi, Delhi. Its website is vvsilver.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    vvsilver.com
  • Registered Address
    3229 – 3232 Gali No.29 Plot No 57 Beadon Pura Karol Bagh, New Delhi, Delhi, India – 110005
  • Industry
    Consumer Goods, Watches & Jewelry Manufacturing

To see the full contact details of VV Silver Palace Private Limited, buy the company report.

Comprehensive company report
VV Silver Palace 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

VV Silver Palace operates one associated brand: VV Silver Palace. Each brand links to its own profile.

BrandDescriptionWebsite
VV Silver Palace
Manufacturing and wholesaling of silver jewelry, household items, and gifting products in India.vvsilver.com

Business activity

The main business activity of VV Silver Palace is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of VV Silver Palace Private Limited, buy the company report.

Financials of VV Silver Palace Private Limited

FY 2025 filings available

VV Silver Palace Private Limited reported revenue of ₹22.69 Cr (down 5% YoY) for FY 2025.

Revenue · FY 2025
₹22.69 Cr ▼ 5%
Net profit · FY 2025
₹68.27 Lakh margin 3%
EBITDA · FY 2025
₹1.91 Cr margin 8.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 28%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 57%
3 years · compounded
▲ 33%
5 years · compounded
▲ 26%

Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA rose 57% 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₹1.91 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹68.27 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 Margin8.4%
Net Profit Margin3%
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 VV Silver Palace Private Limited, buy the company report.

Board of directors of VV Silver Palace Private Limited

VV Silver Palace has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Subhash Chand VermaDirector19 Jun 201016 Years 4 MonthsCurrent
Vishal VermaDirector07 Jun 201313 Years 4 MonthsCurrent
View all directors

Auditor

VV Silver Palace Private Limited is audited by VIKAS JALAN AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
VIKAS JALAN AND ASSOCIATESFY 2023024211N

Shareholding

The shareholding of VV Silver Palace 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 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of VV Silver Palace Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4.56 Cr
Satisfied charges
₹13 Lakh
Breakdown by lending institutions
Yes Bank Limited₹4.56 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Sep 2022100650006Yes Bank Limited₹4.56 CrOpen
18 Oct 201410574854Hdfc Bank Limited₹13 LakhSatisfied

To see the full charge records of VV Silver Palace Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

VV Silver Palace Private Limited has 3 MSME Form 1 returns on record between 2022 and 2023, listing 36 overdue payments to 11 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 11)

SupplierAmount dueDue sinceReported on
Silver Zone
an individual supplier
an individual supplier
Marvel Silver
an individual supplier

To see the full MSME payment records of VV Silver Palace Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

VV Silver Palace has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
07AABCE4427B1Z6DelhiActive01 Jul 2017

To see the full GST registrations and return filing status of VV Silver Palace Private Limited, buy the company report.

Recent activity

VV Silver Palace Private Limited has 9 board changes on record since 2008: 2 appointments and 7 cessations. The latest: Rajesh Kumar ceased to be Additional Director on 11 Oct 2013.

AGM
Vv Silver Palace Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Vv Silver Palace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Yes Bank Limited of Rs. 456.44 Lakh registered on 24 Sep 2022 with Charge ID 100650006 was modified on 12 Oct 2023.
Charges
A charge with Yes Bank Limited amounted to Rs. 456.44 Lakh with Charge ID 100650006 was registered on 24 Sep 2022.
Charges
A charge registered on 18 Oct 2014 via Charge ID 10574854 with Hdfc Bank Limited was fully satisfied on 22 Feb 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 13.00 Lakh with Charge ID 10574854 was registered on 18 Oct 2014.
Ceased
Rajesh Kumar ceased to be Additional Director.
Ceased
Ravinder Verma ceased to be Additional Director.
Ceased
Subhash Chand Verma ceased to be Additional Director.
Ceased
Vishal Verma ceased to be Director.
Appointed
Vishal Verma was appointed as Director.
Ceased
Sanjay Verma ceased to be Director.

4 earlier events are in the company report.

Frequently asked questions

VV Silver Palace is an active private limited company based in New Delhi, Delhi, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 23 February 2005 (21+ years old) and is registered under CIN U51909DL2005PTC133287.

VV Silver Palace has 2 current directors:

The latest financial statements of VV Silver Palace on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of VV Silver Palace is 07AABCE4427B1Z6, registered in Delhi.

The CIN (Corporate Identification Number) of VV Silver Palace is U51909DL2005PTC133287. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

VV Silver Palace has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending.

VV Silver Palace was incorporated on 23 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.

Rajesh Kumar ceased to be Additional Director on 11 Oct 2013. Ravinder Verma ceased to be Additional Director on 11 Oct 2013. Subhash Chand Verma ceased to be Additional Director on 10 Oct 2013. VV Silver Palace has 9 board changes on record in total.

Yes, VV Silver Palace is registered as a small enterprise under Udyam registration (number: UDYAM-DL-01-0004828).

VV Silver Palace has 3 MSME Form 1 returns on record between 2022 and 2023, listing 36 overdue payments to 11 micro and small suppliers. The latest return was filed on 30 Aug 2023.

VV Silver Palace can be reached through the website vvsilver.com. Its registered office is in New Delhi, Delhi, India.