Silgate Solutions Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 2.50 Cr
- Company Age 23 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.00 Cr
- Satisfied Charges ₹ 16.50 Cr
- Revenue Growth -8.29%
- Profit Growth 175.14%
- Ebitda 59.74%
- Net Worth 10.55%
- Total Assets -12.35%
About Silgate Solutions
Silgate Solutions Limited (SSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 May 2001 and has a history of 23 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Silgate Solutions Private Limited. The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 2.50 Cr.
The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹16.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Hemraj Chheda, Bhagwati Chheda, and Neel Chheda serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U72900MH2001PLC132189
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Company No.
132189
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
31 May 2001
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Date of AGM
30 Aug 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Silgate Solutions?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Neel Chheda
|
Director | 01-Jul-2010 | Current |
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Hemraj Chheda
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Director | 31-May-2001 | Current |
|
Bhagwati Chheda
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Director | 01-Jul-2010 | Current |
Financial Performance of Silgate Solutions.
Silgate Solutions Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.29% decrease. The company also saw a substantial improvement in profitability, with a 175.14% increase in profit. The company's net worth Soared by an impressive increase of 10.55%.
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What is the Ownership and Shareholding Structure of Silgate Solutions?
In 2023, Silgate Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Baba Arts LimitedHemraj Chheda is a mutual person
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3D Creations Private LimitedHemraj Chheda is a mutual person
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Amitech Adhesives Pvt Ltd
Hemraj Chheda and Bhagwati Chheda are mutual person
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Canan Domestic Appliances Private Limited
Hemraj Chheda is a mutual person
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Farserve Technologies Private Limited
Hemraj Chheda is a mutual person
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Sypan Systems Private Limited
Hemraj Chheda is a mutual person
Charges (Loans)
₹5.00 Cr
₹16.50 Cr
Charges Breakdown by Lending Institutions
- Others : 3.00 Cr
- Hdfc Bank Limited : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jul 2019 | Others | ₹3.00 Cr | Open |
| 12 Apr 2018 | Hdfc Bank Limited | ₹2.00 Cr | Open |
| 28 Mar 2018 | Others | ₹6.00 Cr | Satisfied |
| 25 May 2012 | Citibank N. A. | ₹1.00 Cr | Satisfied |
| 25 Feb 2011 | Citibank N. A. | ₹3.50 Cr | Satisfied |
How Many Employees Work at Silgate Solutions?
Silgate Solutions has a workforce of 2 employees as of Mar 27, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Silgate Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Silgate Solutions's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
