Silverline Bright Steels Ltd

Manufactures and trades various types of steel and non-ferrous bars.

1993 | Thane, Maharashtra (India) | Active
Last Updated: October 23, 2024

Silverline Bright Steels Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.18 Cr
  • Company Age 31 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.43 M
  • Revenue Growth -26.18%
  • Profit Growth -235.26%
  • Ebitda -181.59%
  • Net Worth -29.29%
  • Total Assets 3.31%

About Silverline Bright Steels

Silverline Bright Steels Ltd (SBSL) is a Public Limited Indian Non-Government Company incorporated in India on 19 April 1993 and has a history of 31 years and nine months. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Metals And Minerals 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 5.00 Cr and a paid-up capital of Rs 1.18 Cr.

The company currently has active open charges totaling ₹9.43 M.

Rajesh Desai, Bankim Desai, and Samir Desai serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100MH1993PLC071653

  • Company No.

    071653

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Apr 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Silverline Bright Steels?

Board Members (3)

Name Designation Appointment Date Status
Rajesh Desai Country flag representing In Director 14-Dec-1993 Current
Bankim Desai Country flag representing In Director 14-Dec-1993 Current
Samir Desai Country flag representing In Director 01-Jul-2007 Current

Financial Performance of Silverline Bright Steels.

Silverline Bright Steels Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.18% decrease. The company also saw a substantial fall in profitability, with a 235.26% decrease in profit. The company's net worth observed a substantial decline by a decrease of 29.29%.

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
-26.18%
Revenue from Operations
-26.17%
Total Assets
3.31%
Profit or Loss
-235.26%
Net Worth
-29.29%
EBITDA
-181.59%

What is the Ownership and Shareholding Structure of Silverline Bright Steels?

In 2023, Silverline Bright Steels 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

₹0.94 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Oriental Bank Of Commerce : 0.94 Cr

Latest Charge Details

Date Lender Amount Status
03 Sep 2002 Oriental Bank Of Commerce ₹0.73 M Open
15 May 1998 Oriental Bank Of Commerce ₹7.20 M Open
20 Feb 1994 Oriental Bank Of Commerce ₹0.50 M Open
14 Feb 1994 Oriental Bank Of Commerce ₹0.50 M Open
10 Feb 1994 Oriental Bank Of Commerce ₹0.50 M Open

How Many Employees Work at Silverline Bright Steels?

Unlock and access historical data on people associated with Silverline Bright Steels, 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 Silverline Bright Steels, 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 Silverline Bright Steels'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 Silverline Bright Steels

Recent activity within the organization

  • Annual General Meeting

    Silverline Bright Steels Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Silverline Bright Steels Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Samir Rajnikant Desai was appointed as a Director was appointed as a Director on 01 Jul 2007 & has been associated with this company since 17 years 7 months .

    01 Jul 2007

  • Charges

    A charge with Oriental Bank Of Commerce amounted to Rs. 0.07 Cr with Charge ID 90158007 was registered on 03 Sep 2002.

    03 Sep 2002

  • Charges

    A charge with Oriental Bank Of Commerce of Rs. 0.05 Cr registered on 10 Feb 1994 with Charge ID 90155897 was modified on 17 Jun 1998.

    17 Jun 1998

  • Charges

    A charge with Oriental Bank Of Commerce of Rs. 0.72 Cr registered on 15 May 1998 with Charge ID 90156873 was modified on 12 Jun 1998.

    12 Jun 1998

Frequently asked questions

  • Silverline Bright Steels Ltd was incorporated on 19 Apr 1993.

  • The authorized share capital of Silverline Bright Steels Ltd is ₹ 5.00 Cr and paid-up capital is ₹ 1.18 Cr.

  • Currently 3 directors are associated with Silverline Bright Steels Ltd.

    • Rajesh Rajnikant Desai
    • Bankim Rajnikant Desai
    • Samir Rajnikant Desai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Silverline Bright Steels Ltd is Plot No. 11 Village Uchat Tal Wada, India, Thane, Maharashtra, 421303.

  • The corporate identification number (CIN) of Silverline Bright Steels Ltd is U27100MH1993PLC071653 and the company number is 071653 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Silverline Bright Steels Ltd has fallen by -26.18%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Silverline Bright Steels Ltd has experienced an downturn of -29.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Silverline Bright Steels Ltd amount to ₹ 9.43 M.

  • The most recent Balance Sheet for Silverline Bright Steels Ltd was filed with the ROC on 31 Mar 2023.