
About Shaan Leisure Limited
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Shaan Leisure Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 27 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U92199GJ2006PLC048780.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹8 Cr. It is led by directors including Rutvij Parikh Chinubhai and Mit Gopalbhai Shah.
Its last annual general meeting (AGM) was held on 30 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 12 Shaan House 11 Charankrupa Society Opp. Jai Shefali Row House Satellite, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2023, the company reported a revenue of ₹37.97 Lakh. For the same year it recorded a net loss of ₹58.62 Lakh (net margin -154.4%) and EBITDA of -₹96.45 Lakh (EBITDA margin -254%). Revenue has grown at a compounded annual rate (CAGR) of 588% over three years and 16% over five years.
The company is associated with 1 brand: Shaan Group. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹7.95 Cr; the latest was in March 2014. The company has 4 MSME Form 1 returns on record between 2019 and 2020, listing 4 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shaanworld.org.
Company details
Contact details
Shaan Leisure Limited's registered office is in Ahmedabad, Gujarat. Its website is shaanworld.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address12 Shaan House 11 Charankrupa Society Opp. Jai Shefali Row House Satellite, Ahmedabad, Gujarat, India – 380015
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shaan Leisure Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Shaan Leisure operates one associated brand: Shaan Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive solutions for real estate properties and services. | shaanworld.org |
Financials of Shaan Leisure Limited
FY 2023 filings availableShaan Leisure Limited reported revenue of ₹37.97 Lakh for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years. 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹37.97 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹96.45 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹58.62 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -254% | ||||
| Net Profit Margin | -154.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Shaan Leisure Limited, buy the company report.
Board of directors of Shaan Leisure Limited
Shaan Leisure has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rutvij Parikh Chinubhai | Director | 07 Jan 2014 | 12 Years 9 Months | Current |
| Mit Gopalbhai Shah Also directs: H & M Blues Private Limited, Minuts Media Private Limited, Shaan Energy Limited and 5 more | Director | 10 Apr 2009 | 17 Years 6 Months | Current |
| Rajvee Prakash Shah | Director | 27 Jul 2006 | 20 Years 3 Months | Current |
Auditor
Shaan Leisure Limited is audited by NAIMESH K SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAIMESH K SHAH & CO. | FY 2023 | 106829W |
Shareholding
The shareholding of Shaan Leisure Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shaan Leisure Limited, buy the company report.
Deals & funding
Shaan Leisure Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹7.95 Cr; the latest was in March 2014.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Aug 2007 | Funding round | ₹7.95 Cr | Investors: Swan Mills Limited, 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shaan Leisure Limited has 8 court cases on record: 2 filed by Shaan Leisure, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 0 |
| District courts | 3 | 3 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Ahmedabad and 1 other | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against , Ahmedabad and 2 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by Swan Energy Limited - Formerly Swan Mills Limited | Disposed |
| High Court, GUJARAT | Court case (IAAP) | Filed against the company by Swan Mills Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CMA DC) | Filed against the company by Swan Mills Ltd | Disposed |
To see the full case history of Shaan Leisure Limited, buy the company report.
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.
MSME payment delays
Shaan Leisure Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 4 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ikon Copier Services Private Limited |
To see the full MSME payment records of Shaan Leisure Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
No GST registration is on our record for Shaan Leisure Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shaan Leisure Limited has 7 board changes on record since 2006: 3 appointments and 4 cessations. The latest: Rutvij Parikh Chinubhai ceased to be Additional Director on 30 Sep 2014.
Frequently asked questions
Shaan Leisure is an active public limited company based in Ahmedabad, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 27 July 2006 (20+ years old) and is registered under CIN U92199GJ2006PLC048780.
Shaan Leisure has 3 current directors:
- Rutvij Parikh Chinubhai - Director
- Mit Gopalbhai Shah - Director
- Rajvee Prakash Shah - Director
The latest financial statements of Shaan Leisure on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 December 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shaan Leisure is U92199GJ2006PLC048780. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shaan Leisure has 8 court cases on record: 2 filed by the company and 6 filed against it. Most are in the high courts.
Shaan Leisure was incorporated on 27 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Shaan Leisure has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹7.95 Cr; the latest was in March 2014.
Rutvij Parikh Chinubhai ceased to be Additional Director on 30 Sep 2014. Sejal Gopalbhai Shah ceased to be Director on 16 Jan 2014. Rutvij Parikh Chinubhai was appointed as Director on 07 Jan 2014. Shaan Leisure has 7 board changes on record in total.
Shaan Leisure has 4 MSME Form 1 returns on record between 2019 and 2020, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 26 Aug 2021.
Shaan Leisure can be reached through the website shaanworld.org. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Shaan Leisure is at 12 Shaan House 11 Charankrupa Society Opp. Jai Shefali Row House Satellite, Ahmedabad, Gujarat, India – 380015.

