Silverline Plastpacks Pvt Ltd

Manufactures and supplies PP/HDPE woven sacks, bags, and fabrics.

1994 | Rajkot, Gujarat (India) | Active
Last Updated: January 03, 2025

Silverline Plastpacks Profile

Key Indicators

  • Authorised Capital ₹ 1.10 Cr
  • Paid Up Capital ₹ 1.10 Cr
  • Company Age 30 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12.73 Cr
  • Satisfied Charges ₹ 1.55 Cr
  • Revenue Growth 34.12%
  • Profit Growth 1017.69%
  • Ebitda -18.53%
  • Net Worth 12.07%
  • Total Assets 14.48%

About Silverline Plastpacks

Silverline Plastpacks Pvt Ltd (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 March 1994 and has a history of 30 years and ten months. Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Packaging 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 1.10 Cr and a paid-up capital of Rs 1.10 Cr.

The company currently has active open charges totaling ₹12.73 Cr. The company has closed loans amounting to ₹1.55 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bhartiben Bavaria, Sunil Bavaria, and Nidhiben Bavaria serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    silverlineplastic.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25200GJ1994PTC021595

  • Company No.

    021595

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Mar 1994

  • Date of AGM

    29 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

What products or services does Silverline Plastpacks Pvt Ltd offer?

Silverline Plastpacks Pvt Ltd offers a wide range of products and services, including Bulk Bags & Sacks, Woven Sacks, Cement Bag, Agricultural Bags, Fertilizer Bag, HDPE & PP Woven Sacks, Grain Bags, Gunny Bags, Packaging Sacks, Woven Bags.

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

Board Members (3)

Name Designation Appointment Date Status
Bhartiben Bavaria Country flag representing In Director 27-Jul-2004 Current
Sunil Bavaria Country flag representing In Director 12-Nov-2001 Current
Nidhiben Bavaria Country flag representing In Director 27-Sep-2019 Current

Financial Performance of Silverline Plastpacks.

Silverline Plastpacks Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 34.12% increase. The company also saw a substantial improvement in profitability, with a 1017.69% increase in profit. The company's net worth Soared by an impressive increase of 12.07%.

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
34.12%
Revenue from Operations
34.56%
Total Assets
14.48%
Profit or Loss
1017.69%
Net Worth
12.07%
EBITDA
-18.53%

What is the Ownership and Shareholding Structure of Silverline Plastpacks?

In 2023, Silverline Plastpacks had a promoter holding of 95.90% and a public holding of 4.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.73 Cr

Satisfied Charges

₹1.55 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 12.73 Cr

Latest Charge Details

Date Lender Amount Status
24 Mar 2009 Bank Of India ₹6.37 Cr Open
19 Mar 2009 Bank Of India ₹6.37 Cr Open
04 Jan 2001 The Co-Operative Bank Of Rajkot Ltd. ₹9.00 M Satisfied
09 Dec 2000 The Co-Operative Bank Of Rajkot Ltd. ₹2.00 M Satisfied
28 Mar 1995 Bank Of Baroda ₹4.50 M Satisfied

How Many Employees Work at Silverline Plastpacks?

Silverline Plastpacks has a workforce of 8 employees as of Apr 05, 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 Silverline Plastpacks, 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 Plastpacks'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 Plastpacks

Recent activity within the organization

  • Annual General Meeting

    Silverline Plastpacks Pvt Ltd last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.

    29 Sep 2024

  • Balance Sheet

    Silverline Plastpacks Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Bank Of India of Rs. 6.37 Cr registered on 24 Mar 2009 with Charge ID 10149486 was modified on 23 Dec 2021.

    23 Dec 2021

  • Charges

    A charge with Bank Of India of Rs. 6.37 Cr registered on 19 Mar 2009 with Charge ID 10149729 was modified on 23 Dec 2021.

    23 Dec 2021

  • Director Appointment

    Nidhiben Sunilbhai Bavaria was appointed as a Director was appointed as a Director on 27 Sep 2019 & has been associated with this company since 5 years 4 months .

    27 Sep 2019

  • Charges

    A charge with Bank Of India amounted to Rs. 6.37 Cr with Charge ID 10149486 was registered on 24 Mar 2009.

    24 Mar 2009

Frequently asked questions

  • Silverline Plastpacks Pvt Ltd was incorporated on 21 Mar 1994.

  • The authorized share capital of Silverline Plastpacks Pvt Ltd is ₹ 1.10 Cr and paid-up capital is ₹ 1.10 Cr.

  • Currently 3 directors are associated with Silverline Plastpacks Pvt Ltd.

    • Bhartiben Harilal Bavaria
    • Sunil Harilal Bavaria
    • Nidhiben Sunilbhai Bavaria
  • As per Ministry of Corporate Affairs (Mca), the registered address of Silverline Plastpacks Pvt Ltd is Plot No 10/11 Survey 160/2 Sidc Road Veraval, Tal- Kotda Sangani India, Rajkot, Gujarat, 360024.

  • The corporate identification number (CIN) of Silverline Plastpacks Pvt Ltd is U25200GJ1994PTC021595 and the company number is 021595 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Silverline Plastpacks Pvt Ltd is https://www.silverlineplastic.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Silverline Plastpacks Pvt Ltd has risen by 34.12%.

  • As Per 2022 financial reports, 8 employees are currently employed by Silverline Plastpacks Pvt Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Silverline Plastpacks Pvt Ltd has experienced an upsurge of 12.07%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Silverline Plastpacks Pvt Ltd amount to ₹ 12.73 Cr.

  • The most recent Balance Sheet for Silverline Plastpacks Pvt Ltd was filed with the ROC on 31 Mar 2024.

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