Silver Crest Clothing Private Limited

Manufacturer and exporter of formal suits, blazers, and trousers with international and domestic presence.

1993 | Bangaluru, Karnataka (India) | Active
Last Updated: January 10, 2025

Silver Crest Clothing Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.04 Cr
  • Company Age 31 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 173.00 Cr
  • Satisfied Charges ₹ 189.27 Cr
  • Revenue Growth 49.07%
  • Profit Growth 568.34%
  • Ebitda 1540.91%
  • Net Worth 8.19%
  • Total Assets 32.58%

About Silver Crest Clothing

Silver Crest Clothing Private Limited (SCCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 November 1993 and has a history of 31 years and three months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Fashion And Textile 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 10.00 Cr and a paid-up capital of Rs 6.04 Cr.

The company currently has active open charges totaling ₹173.00 Cr. The company has closed loans amounting to ₹189.27 Cr, as per Ministry of Corporate Affairs (MCA) records.

Avni Bader, Gaurav Goenka, Rajkumar Golchha, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    silvercrest.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101KA1993PTC014935

  • Company No.

    014935

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Nov 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Fashion and Textile

Who are the key members and board of directors at Silver Crest Clothing?

Executive Team (1)

NameDesignationAppointment DateStatus
Jeet Golchha Country flag representing In Managing Director09-Sep-2002Current

Board Members (10)

NameDesignationAppointment DateStatus
Yuvika Bader Country flag representing In Director 21-Aug-2018Current
Gautam Golchha Country flag representing In Director 09-Sep-2002Current
Gaurav Goenka Country flag representing In Director 21-Aug-2018Current
Avni Bader Country flag representing In Additional Director 08-Oct-2024Current
Rajkumar Golchha Country flag representing In Director 30-Sep-2005Current
Sanjay Golchha Country flag representing In Director 21-Aug-2018Current

Financial Performance of Silver Crest Clothing.

Silver Crest Clothing Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 49.07% increase. The company also saw a substantial improvement in profitability, with a 568.34% increase in profit. The company's net worth moved up by a moderate rise of 8.19%.

Graph illustrating revenue growth over time
Graph showing 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
49.07%
Revenue from Operations
56.67%
Total Assets
32.58%
Profit or Loss
568.34%
Net Worth
8.19%
EBITDA
1540.91%

What is the Ownership and Shareholding Structure of Silver Crest Clothing?

In 2022, Silver Crest Clothing had a promoter holding of 24.88% and a public holding of 75.12%. The company had 1 Subsidiary and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹173.00 Cr

Satisfied Charges

₹189.27 Cr

Charges Breakdown by Lending Institutions

  • Others : 70.00 Cr
  • State Bank Of India : 60.00 Cr
  • Citi Bank N.A. : 33.00 Cr
  • Hdfc Bank Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Sep 2023State Bank Of India₹60.00 CrOpen
30 Aug 2022Others₹70.00 CrOpen
26 Dec 2018Hdfc Bank Limited₹10.00 CrOpen
23 Jan 2007Citi Bank N.A.₹33.00 CrOpen
26 Feb 2019Others₹40.00 CrSatisfied

How Many Employees Work at Silver Crest Clothing?

Silver Crest Clothing has a workforce of 5210 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Silver Crest Clothing, 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 Silver Crest Clothing'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 Silver Crest Clothing

Recent activity within the organization

  • Director Appointment

    Avni Bader was appointed as a Additional Director was appointed as a Additional Director on 08 Oct 2024 & has been associated with this company since 4 months 16 days .

    08 Oct 2024

  • Director Appointment

    Nupur Goenka was appointed as a Additional Director was appointed as a Additional Director on 08 Oct 2024 & has been associated with this company since 4 months 16 days .

    08 Oct 2024

  • Annual General Meeting

    Silver Crest Clothing Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with State Bank Of India of Rs. 60.00 Cr registered on 27 Sep 2023 with Charge ID 100793410 was modified on 07 Aug 2024.

    07 Aug 2024

  • Charges

    A charge with Citi Bank N.A. of Rs. 33.00 Cr registered on 23 Jan 2007 with Charge ID 10035290 was modified on 07 Aug 2024.

    07 Aug 2024

  • Charges

    A charge with Others of Rs. 70.00 Cr registered on 30 Aug 2022 with Charge ID 100655830 was modified on 06 Aug 2024.

    06 Aug 2024

Frequently asked questions

  • Silver Crest Clothing Private Limited was incorporated on 18 Nov 1993.

  • The authorized share capital of Silver Crest Clothing Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.04 Cr.

  • Currently 11 directors are associated with Silver Crest Clothing Private Limited.

    • Avni Bader
    • Gaurav Goenka
    • Rajkumar Golchha
    • Sanjay Golchha
    • Gautam Golchha
    • Jeet Golchha
    • Prakash Chand Bader
    • Nupur Goenka
    • Yuvika Bader
    • Ramakrishnan Ramajayam
    • Doraiswamy Raghu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Silver Crest Clothing Private Limited is 4E2 Kiadb Industrial Area Attibele Anekal Taluk, India, Bangalore, Karnataka, 562107.

  • The corporate identification number (CIN) of Silver Crest Clothing Private Limited is U18101KA1993PTC014935 and the company number is 014935 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Silver Crest Clothing Private Limited is https://www.silvercrest.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Silver Crest Clothing Private Limited has risen by 49.07%.

  • As Per 2022 financial reports, 5210 employees are currently employed by Silver Crest Clothing Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Silver Crest Clothing Private Limited has experienced an upsurge of 8.19%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Silver Crest Clothing Private Limited amount to ₹ 173.00 Cr.

  • The most recent Balance Sheet for Silver Crest Clothing Private Limited was filed with the ROC on 31 Mar 2024.

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