Silvershine Stainless Private Limited

Manufactures and trades stainless steel goods, including pipes, fittings, foils, skelp, and furniture.

2011 | Hisar, Haryana (India) | Active
Last Updated: December 29, 2024

Silvershine Stainless Profile

Key Indicators

  • Authorised Capital ₹ 1.20 Cr
  • Paid Up Capital ₹ 1.18 Cr
  • Company Age 13 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 19.17 Cr
  • Satisfied Charges ₹ 2.00 Cr
  • Revenue Growth 5.98%
  • Profit Growth 67.20%
  • Ebitda -44.90%
  • Net Worth 2.25%
  • Total Assets -11.87%

About Silvershine Stainless

Silvershine Stainless Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 August 2011 and has a history of 13 years and six months. Its registered office is in Hisar, Haryana, India.

The Company is engaged in the Manufacturing 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 1.20 Cr and a paid-up capital of Rs 1.18 Cr.

The company currently has active open charges totaling ₹19.17 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ravi Mittal and Vinod Mittal serve as directors at the Company.

Company Details

  • Location

    Hisar, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28113HR2011PTC043702

  • Company No.

    043702

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Aug 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

Who are the key members and board of directors at Silvershine Stainless?

Board Members (2)

NameDesignationAppointment DateStatus
Ravi Mittal Country flag representing In Director 23-Aug-2011Current
Vinod Mittal Country flag representing In Director 23-Aug-2011Current

Financial Performance of Silvershine Stainless.

Silvershine Stainless Private Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 5.98% increase. The company also saw a substantial improvement in profitability, with a 67.2% increase in profit. The company's net worth moved up by a moderate rise of 2.25%.

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
5.98%
Revenue from Operations
7.14%
Total Assets
-11.87%
Profit or Loss
67.20%
Net Worth
2.25%
EBITDA
-44.90%

What is the Ownership and Shareholding Structure of Silvershine Stainless?

In 2019, Silvershine Stainless had a promoter holding of 16.63% and a public holding of 83.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.17 Cr

Satisfied Charges

₹2.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 15.28 Cr
  • Yes Bank Limited : 3.89 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jun 2023Hdfc Bank Limited₹0.80 MOpen
08 Aug 2017Hdfc Bank Limited₹11.55 CrOpen
31 Aug 2016Yes Bank Limited₹3.89 CrOpen
04 Mar 2014Hdfc Bank Limited₹3.65 CrOpen
11 Jan 2012Allahabad Bank₹1.00 CrSatisfied

How Many Employees Work at Silvershine Stainless?

Unlock and access historical data on people associated with Silvershine Stainless, 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 Silvershine Stainless, 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 Silvershine Stainless'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 Silvershine Stainless

Recent activity within the organization

  • Annual General Meeting

    Silvershine Stainless 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 Hdfc Bank Limited of Rs. 11.55 Cr registered on 08 Aug 2017 with Charge ID 100134657 was modified on 12 Jul 2024.

    12 Jul 2024

  • Balance Sheet

    Silvershine Stainless Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100758809 was registered on 15 Jun 2023.

    15 Jun 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 11.55 Cr with Charge ID 100134657 was registered on 08 Aug 2017.

    08 Aug 2017

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 3.89 Cr with Charge ID 100062416 was registered on 31 Aug 2016.

    31 Aug 2016

Frequently asked questions

  • Silvershine Stainless Private Limited was incorporated on 23 Aug 2011.

  • The authorized share capital of Silvershine Stainless Private Limited is ₹ 1.20 Cr and paid-up capital is ₹ 1.18 Cr.

  • Currently 2 directors are associated with Silvershine Stainless Private Limited.

    • Ravi Mittal
    • Vinod Kumar Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Silvershine Stainless Private Limited is 1616 Sector-13 India, Hisar, Haryana, 125005.

  • The corporate identification number (CIN) of Silvershine Stainless Private Limited is U28113HR2011PTC043702 and the company number is 043702 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Silvershine Stainless Private Limited has risen by 5.98%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Silvershine Stainless Private Limited has experienced an upsurge of 2.25%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Silvershine Stainless Private Limited amount to ₹ 19.17 Cr.

  • The most recent Balance Sheet for Silvershine Stainless Private Limited was filed with the ROC on 31 Mar 2024.

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