Silgate Solutions Limited

IT solutions provider offering software and web development, call center, and BPO services since 2001.

2001 | Mumbai, Maharashtra (India) | Active
Last Updated:

Silgate Solutions Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 2.50 Cr
  • Company Age 23 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 Cr
  • Satisfied Charges ₹ 16.50 Cr
  • Revenue Growth -8.29%
  • Profit Growth 192.92%
  • 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 ten 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

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900MH2001PLC132189

  • Company No.

    132189

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 May 2001

  • Date of AGM

    30 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology
Business Outsourcing
Company report

Silgate Solutions Limited

Explore comprehensive data for Silgate Solutions Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Silgate Solutions?

Board Members (3)

NameDesignationAppointment DateStatus
Neel Chheda Country flag representing In Director 01-Jul-2010Current
Hemraj Chheda Country flag representing In Director 31-May-2001Current
Bhagwati Chheda Country flag representing In Director 01-Jul-2010Current

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 192.92% increase in profit. The company's net worth Soared by an impressive increase of 10.55%.

Silgate Solutions revenue growth over time
Silgate Solutions profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-8.29%
Revenue from Operations
-8.20%
Total Assets
-12.35%
Profit or Loss
192.92%
Net Worth
10.55%
EBITDA
59.74%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.00 Cr

Satisfied Charges

₹16.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 3.00 Cr
  • Hdfc Bank Limited : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
10 Jul 2019Others₹3.00 CrOpen
12 Apr 2018Hdfc Bank Limited₹2.00 CrOpen
28 Mar 2018Others₹6.00 CrSatisfied
25 May 2012Citibank N. A.₹1.00 CrSatisfied
25 Feb 2011Citibank N. A.₹3.50 CrSatisfied

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.

Employee growth trends for Silgate Solutions Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Silgate Solutions

Recent activity within the organization

  • Annual General Meeting

    Silgate Solutions Limited last Annual general meeting of members was held on 30 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Silgate Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge registered on 28 Mar 2018 via Charge ID 100170938 with Others was fully satisfied on 21 Jan 2023.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 2.00 Cr registered on 12 Apr 2018 with Charge ID 100170631 was modified on 08 Dec 2021.

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100301611 was registered on 10 Jul 2019.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100170631 was registered on 12 Apr 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Silgate Solutions Limited?

    Silgate Solutions Limited was incorporated on 31 May 2001.

  • What is authorized share capital and paid-up capital of Silgate Solutions Limited?

    The authorized share capital of Silgate Solutions Limited is ₹ 20.00 Cr and paid-up capital is ₹ 2.50 Cr.

  • Who are the current board members & directors of Silgate Solutions Limited?

    Currently 3 directors are associated with Silgate Solutions Limited.

    • Hemraj Gangji Chheda
    • Bhagwati Hemraj Chheda
    • Neel Hemraj Chheda

  • What is the registered address of Silgate Solutions Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Silgate Solutions Limited is 102-A Ranjit Studio D S Phalke Road, Dadar (E) India, Mumbai, Maharashtra, 400014.

  • What is the corporate identification number (CIN) and company number of Silgate Solutions Limited?

    The corporate identification number (CIN) of Silgate Solutions Limited is U72900MH2001PLC132189 and the company number is 132189 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Silgate Solutions Limited?

    The Official website of Silgate Solutions Limited is https://www.silgate.cc

  • What has been the recent revenue trend for Silgate Solutions Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Silgate Solutions Limited has fallen by -8.29%.

  • How many employees does Silgate Solutions Limited currently have?

    As Per 2023 financial reports, 2 employees are currently employed by Silgate Solutions Limited.

  • What change has been observed in the net worth of Silgate Solutions Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Silgate Solutions Limited has experienced an upsurge of 10.55%.

  • What are the total open charges for Silgate Solutions Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Silgate Solutions Limited amount to ₹ 5.00 Cr.

  • When was the last Balance Sheet of Silgate Solutions Limited filed with the ROC?

    The most recent Balance Sheet for Silgate Solutions Limited was filed with the ROC on 31 Mar 2024.

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