MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0004266
Shaan IT Solutions Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.25 Cr
▼ 13% YoY
Net profit · FY 2024
₹5.04 Lakh
Net margin 1.5%
EBITDA · FY 2024
₹9.93 Lakh
EBITDA margin 3.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹70 Lakh
Secured borrowings
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
About Shaan IT Solutions Private Limited
Data last updated:
Shaan IT Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 22 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2009PTC071401. Its GSTIN is 33AANCS0385C1ZI (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Srinivasan Kesavan and Kesavan Umashankar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 24 Third Floor North Usman Road T Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.25 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹5.04 Lakh (net margin 1.5%) and EBITDA of ₹9.93 Lakh (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 4% over five years.
The company is associated with 1 brand: Shaan IT Solutions. As per MCA filings, the company has open charges of ₹70 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
Shaan IT Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0004266). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shaanit.com.
Company Details of Shaan IT Solutions Private Limited
CIN U72900TN2009PTC071401
Registration Number 071401
Incorporation Date 22 April 2009
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0004266
Recognitions & Rankings of Shaan IT Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo 24 Third Floor North Usman Road T Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryInformation Technology, IT Infrastructure Management & Services
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Associated Brands with Shaan IT Solutions Private Limited
Shaan IT Solutions operates one associated brand: Shaan IT Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT infrastructure solutions, UPS systems, solar products, and server racks in India. | shaanit.com |
Business Activity of Shaan IT Solutions Private Limited
The main business activity of Shaan IT Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Shaan IT Solutions Private Limited FY 2024 filings available
Shaan IT Solutions Private Limited reported revenue of ₹3.25 Cr (down 13% YoY) for FY 2024.
Revenue · FY 2024
₹3.25 Cr ▼ 13%
Net profit · FY 2024
₹5.04 Lakh margin 1.5%
EBITDA · FY 2024
₹9.93 Lakh margin 3.1%
Compounded Annual Growth Rate (CAGR) of Shaan IT Solutions Private Limited
Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 11%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 47%
3 years · compounded
▲ 23%
5 years · compounded
▼ 6%
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 47% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Shaan IT Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹9.93 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.04 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Shaan IT Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Shaan IT Solutions are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Shaan IT Solutions Private Limited
Shaan IT Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasan Kesavan | Director | 01 Aug 2013 | 13 Years 2 Months | Current |
| Kesavan Umashankar | Director | 19 Jul 2012 | 14 Years 3 Months | Current |
Peer Comparison of Shaan IT Solutions Private Limited
Shaan IT Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Infrastructure Management). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Infinize Corptech Private Limited | ₹3.37 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Chennai, Tamil Nadu, India |
| Singularunity Private Limited | ₹3.35 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Mangalore, Karnataka, India |
| Vtel Technologies Limited | ₹3.27 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Delhi, India |
| Rural Tecpark (India) Private Limited | ₹3.26 Cr (FY 2025) | •••• | •••• | 254.0% | •••• | Chittur, Kerala, India |
| Saminfo Technologies Private Limited | ₹3.26 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Uttarpara, West Bengal, India |
| Shaan IT Solutions Private Limited this company | ₹3.25 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Chennai, Tamil Nadu, India |
| Galaxy Infosolutions Private Limited | ₹3.23 Cr (FY 2025) | •••• | •••• | 893.0% | •••• | Mumbai, Maharashtra, India |
| Dis Techno & Information Systems Private Limited | ₹3.21 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| Tocumulus Technology Solutions LLP | ₹3.21 Cr (FY 2022) | •••• | •••• | 306.0% | •••• | Chennai, Tamil Nadu, India |
| Nexgen Techtronics Private Limited | ₹3.17 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | New Delhi, Delhi, India |
| SST Infotech India Private Limited | ₹3.09 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Shaan IT Solutions by revenue in the Information Technology industry (Infrastructure Management), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Shaan IT Solutions Private Limited
Shaan IT Solutions Private Limited is audited by V T RAJINIKANTH AND CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V T RAJINIKANTH AND CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Shaan IT Solutions Private Limited
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Charges & Borrowings of Shaan IT Solutions Private Limited
Open charges
₹70 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 2024 | Bank of India | ₹70 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Shaan IT Solutions Private Limited
Shaan IT Solutions Private Limited has 3 court cases on record: 1 filed by Shaan IT Solutions, 2 filed against it. All cases are disposed. Status as checked between 21 Sep 2026 and 01 Oct 2026.
Total cases
3
Filed by the company
1
Filed against the company
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by an individual | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by an individual | Disposed |
| Supreme Court | Special leave petition | Filed by the company against an individual | Disposed |
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Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Shaan IT Solutions Private Limited
Shaan IT Solutions Private Limited has a workforce of 0 employees as of Apr 09, 2024.
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Shaan IT Solutions Private Limited
Shaan IT Solutions Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Rangaswamy Ramesh ceased to be Additional Director on 13 Aug 2013.
Charges
A charge with Bank Of India of Rs. 0.70 Cr registered on 26 Mar 2024 with Charge ID 100906807 was modified on 21 Mar 2025.
AGM
Shaan It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Shaan It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Bank Of India amounted to Rs. 0.70 Cr with Charge ID 100906807 was registered on 26 Mar 2024.
Ceased
Rangaswamy Ramesh ceased to be Additional Director.
Appointed
Srinivasan Kesavan was appointed as Director.
Ceased
Srinivasan Kesavan ceased to be Director.
Ceased
Srinivasan Ramesh ceased to be Director.
Appointed
Kesavan Umashankar was appointed as Director.
Ceased
George Arun Kumar ceased to be Director.
Incorporation
22 Apr 2009
Shaan It Solutions Private Limited was registered on 22 Apr 2009 with Roc Chennai & aged 17 years 6 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Shaan IT Solutions Private Limited
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MSME Payment Delays by Shaan IT Solutions Private Limited
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Subsidiaries & Group Companies of Shaan IT Solutions Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Shaan IT Solutions Private Limited
Shaan IT Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AANCS0385C1ZI | Tamil Nadu | Active | 01 Jul 2017 |
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MCA Filings & Documents of Shaan IT Solutions Private Limited
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Frequently Asked Questions about Shaan IT Solutions Private Limited
Shaan IT Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 22 April 2009 (17+ years old) and is registered under CIN U72900TN2009PTC071401.
Shaan IT Solutions reported revenue of ₹3.25 Cr for FY 2024 (down 13% YoY).
Shaan IT Solutions has 2 current directors:
- Srinivasan Kesavan - Director
- Kesavan Umashankar - Director
Shaan IT Solutions reported a net profit of ₹5.04 Lakh (net margin 1.5%) and EBITDA of ₹9.93 Lakh (EBITDA margin 3.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shaan IT Solutions is 11% over three years and 4% over five years. In the latest year (FY 2024) revenue fell 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shaan IT Solutions is 33AANCS0385C1ZI, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Shaan IT Solutions is U72900TN2009PTC071401. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shaan IT Solutions has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
Shaan IT Solutions was incorporated on 22 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Shaan IT Solutions by revenue are Infinize Corptech Private Limited, Singularunity Private Limited, Vtel Technologies Limited, Rural Tecpark (India) Private Limited, Saminfo Technologies Private Limited and 5 more, all in the Information Technology industry (Infrastructure Management).
Rangaswamy Ramesh ceased to be Additional Director on 13 Aug 2013. Srinivasan Kesavan was appointed as Director on 01 Aug 2013. Srinivasan Kesavan ceased to be Director on 10 Sep 2012. Shaan IT Solutions has 6 board changes on record in total.