Silver Palace Pvt Ltd

Silver trading and manufacturing of jewelry, ornaments, and gift articles made of precious metals.

1995 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 24, 2024

Silver Palace Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 1.49 M
  • Company Age 29 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.95 Cr
  • Revenue Growth -8.61%
  • Profit Growth 825.70%
  • Ebitda -5.56%
  • Net Worth 40.60%
  • Total Assets -14.99%

About Silver Palace

Silver Palace Pvt Ltd (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 July 1995 and has a history of 29 years and six months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Consumer Goods 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 3.00 M and a paid-up capital of Rs 1.49 M.

The company currently has active open charges totaling ₹5.95 Cr.

Basantkumar Agarwal and Ramgopal Khetan serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17219GJ1995PTC026600

  • Company No.

    026600

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jul 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Goods

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

Board Members (2)

Name Designation Appointment Date Status
Ramgopal Khetan Country flag representing In Director 04-Jul-1995 Current
Basantkumar Agarwal Country flag representing In Director 04-Jul-1995 Current

Financial Performance of Silver Palace.

Silver Palace Pvt Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.61% decrease. The company also saw a substantial improvement in profitability, with a 825.7% increase in profit. The company's net worth Soared by an impressive increase of 40.6%.

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
-8.61%
Revenue from Operations
-12.75%
Total Assets
-14.99%
Profit or Loss
825.70%
Net Worth
40.60%
EBITDA
-5.56%

What is the Ownership and Shareholding Structure of Silver Palace?

In 2023, Silver Palace had a public 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

₹59.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 5.95 Cr

Latest Charge Details

Date Lender Amount Status
19 Mar 2018 Hdfc Bank Limited ₹2.20 Cr Open
27 Nov 2017 Hdfc Bank Limited ₹2.50 Cr Open
08 Sep 2008 Hdfc Bank Limited ₹1.25 Cr Open

How Many Employees Work at Silver Palace?

Unlock and access historical data on people associated with Silver Palace, 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 Palace, 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 Palace'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 Palace

Recent activity within the organization

  • Annual General Meeting

    Silver Palace Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Silver Palace Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 22.00 M with Charge ID 100170215 was registered on 19 Mar 2018.

    19 Mar 2018

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 25.00 M with Charge ID 100155532 was registered on 27 Nov 2017.

    27 Nov 2017

  • Charges

    A charge with Hdfc Bank Limited of Rs. 12.50 M registered on 08 Sep 2008 with Charge ID 10121736 was modified on 30 Aug 2010.

    30 Aug 2010

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 12.50 M with Charge ID 10121736 was registered on 08 Sep 2008.

    08 Sep 2008

Frequently asked questions

  • Silver Palace Pvt Ltd was incorporated on 04 Jul 1995.

  • The authorized share capital of Silver Palace Pvt Ltd is ₹ 3.00 M and paid-up capital is ₹ 1.49 M.

  • Currently 2 directors are associated with Silver Palace Pvt Ltd.

    • Basantkumar Gaurishankar Agarwal
    • Ramgopal Mohanlal Khetan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Silver Palace Pvt Ltd is 16 Mardia Plaza C.G. Road, India, Ahmedabad, Gujarat, 380006.

  • The corporate identification number (CIN) of Silver Palace Pvt Ltd is U17219GJ1995PTC026600 and the company number is 026600 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Silver Palace Pvt Ltd has fallen by -8.61%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Silver Palace Pvt Ltd has experienced an upsurge of 40.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Silver Palace Pvt Ltd amount to ₹ 5.95 Cr.

  • The most recent Balance Sheet for Silver Palace Pvt Ltd was filed with the ROC on 31 Mar 2023.

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