Silver Finance Solutions Private Limited

Provides financial solutions as a NBFC with branches in Jhabua, Ranapur, Alirajpur, and Jobat.

2015 | Indore, Madhya Pradesh (India) | Active
Last Updated: July 02, 2024

Silver Finance Solutions Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.50 Cr
  • Company Age 9 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.35 Cr
  • Revenue Growth 40.64%
  • Profit Growth 34.62%
  • Ebitda 37.84%
  • Net Worth 24.88%
  • Total Assets 25.88%

About Silver Finance Solutions

Silver Finance Solutions Private Limited (SFSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 29 July 2015 (Nine years and six months 16 days old ). Its registered office is in Indore, Madhya Pradesh, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 6.50 Cr.

The company currently has active open charges totaling ₹1.35 Cr.

Nirmal Agrawal, Aditya Agrawal, Santosh Parwal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    silverfinance.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65910MP2015PTC034502

  • Company No.

    034502

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Jul 2015

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Financial Services

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

Board Members (5)

Name Designation Appointment Date Status
Nirmal Agrawal Country flag representing In Director 29-Jul-2015 Current
Aditya Agrawal Country flag representing In Additional Director Current
Santosh Parwal Country flag representing In Director 04-Oct-2018 Current
Pawan Agrawal Country flag representing In Director 29-Jul-2015 Current
Kamal Agrawal Country flag representing In Director 29-Jul-2015 Current

Financial Performance of Silver Finance Solutions.

Silver Finance Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.64% increase. The company also saw a substantial improvement in profitability, with a 34.62% increase in profit. The company's net worth Soared by an impressive increase of 24.88%.

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
40.64%
Revenue from Operations
40.64%
Total Assets
25.88%
Profit or Loss
34.62%
Net Worth
24.88%
EBITDA
37.84%

What is the Ownership and Shareholding Structure of Silver Finance Solutions?

In 2023, Silver Finance 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

₹1.35 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.35 Cr

Latest Charge Details

Date Lender Amount Status
07 Dec 2022 State Bank Of India ₹1.35 Cr Open

How Many Employees Work at Silver Finance Solutions?

Unlock and access historical data on people associated with Silver Finance Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Silver Finance 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 Silver Finance 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 Silver Finance Solutions

Recent activity within the organization

  • Annual General Meeting

    Silver Finance Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Silver Finance Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.35 Cr with Charge ID 100667177 was registered on 07 Dec 2022.

    07 Dec 2022

  • Director Appointment

    Santosh Parwal was appointed as a Director was appointed as a Director on 04 Oct 2018 & has been associated with this company since 6 years 4 months .

    04 Oct 2018

  • Director Appointment

    Nirmal Agrawal was appointed as a Director was appointed as a Director on 29 Jul 2015 & has been associated with this company since 9 years 6 months .

    29 Jul 2015

  • Director Appointment

    Kamal Agrawal was appointed as a Director was appointed as a Director on 29 Jul 2015 & has been associated with this company since 9 years 6 months .

    29 Jul 2015

Frequently asked questions

  • Silver Finance Solutions Private Limited was incorporated on 29 Jul 2015.

  • The authorized share capital of Silver Finance Solutions Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.50 Cr.

  • Currently 5 directors are associated with Silver Finance Solutions Private Limited.

    • Nirmal Agrawal
    • Aditya Agrawal
    • Santosh Parwal
    • Pawan Agrawal
    • Kamal Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Silver Finance Solutions Private Limited is 196 Vindhyachal Nagar, Indore, Madhya Pradesh, India, 452002.

  • The corporate identification number (CIN) of Silver Finance Solutions Private Limited is U65910MP2015PTC034502 and the company number is 034502 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Silver Finance Solutions Private Limited is https://www.silverfinance.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Silver Finance Solutions Private Limited has risen by 40.64%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Silver Finance Solutions Private Limited has experienced an upsurge of 24.88%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Silver Finance Solutions Private Limited amount to ₹ 1.35 Cr.

  • The most recent Balance Sheet for Silver Finance Solutions Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Investment & Credit NBFC