Shaan Technologies India Private Limited
About Shaan Technologies India Private Limited
Data last updated:
Shaan Technologies India Private Limited is a private limited company based in Madurai, Tamil Nadu, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the IT services segment of the services sector. It was incorporated on 08 June 2011.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2011PTC080982. Its GSTIN is 33AAPCS9819R1Z8 (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shanmugam Subramanian (Managing Director) and Palaniappan Subramanian.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No.36 Mayura Complex 48 Dhanappa Mudali Street, Madurai, Tamil Nadu, India – 625001.
As per the financials filed for FY 2020, the company reported a revenue of ₹42.58 Lakh, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹10.25 Lakh (net margin -24.1%) and EBITDA of -₹8.94 Lakh (EBITDA margin -21%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 6% over five years.
Court records list 10 cases involving the company, including 10 filed against it; 4 cases are pending.
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- Registered AddressNo.36 Mayura Complex 48 Dhanappa Mudali Street, Madurai, Tamil Nadu, India – 625001
- IndustryService, Information Technology Services
- 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
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Business Activity of Shaan Technologies India Private Limited
The main business activity of Shaan Technologies India is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Shaan Technologies India Private Limited FY 2020 filings available
Shaan Technologies India Private Limited reported revenue of ₹42.58 Lakh (down 14% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Shaan Technologies India Private Limited
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 98% 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 Technologies India Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | -₹8.94 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.25 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 Technologies India Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -21% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -24.1% | •••• | •••• | •••• | •••• |
| 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 Technologies India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Shaan Technologies India Private Limited
Shaan Technologies India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zylu Business Solutions Private Limited | ₹42.6 Lakh (FY 2024) | •••• | •••• | 593.0% | •••• | Bengaluru, Karnataka, India |
| Infymax Solutions Private Limited | ₹42.6 Lakh (FY 2025) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
| Skybeat Digitals Private Limited | ₹42.6 Lakh (FY 2024) | •••• | •••• | 2702.0% | •••• | Jaipur, Rajasthan, India |
| Etouch Mobile Solutions Private Limited | ₹42.59 Lakh (FY 2024) | •••• | •••• | -27.0% | •••• | Hyderabad, Telangana, India |
| N.D. Micro Systems Private Limited | ₹42.59 Lakh (FY 2025) | •••• | •••• | -53.0% | •••• | Delhi, India |
| Shaan Technologies India Private Limited this company | ₹42.58 Lakh (FY 2020) | •••• | •••• | -14.0% | •••• | Madurai, Tamil Nadu, India |
| Zillusion Private Limited | ₹42.58 Lakh (FY 2025) | •••• | •••• | 87.0% | •••• | Jagdalpur, Chhattisgarh, India |
| Raga Global Payments Private Limited | ₹42.57 Lakh (FY 2025) | •••• | •••• | -82.0% | •••• | Bengaluru, Karnataka, India |
| Startupgyaan Private Limited | ₹42.56 Lakh (FY 2025) | •••• | •••• | 26.0% | •••• | Delhi, India |
| 3Cortex Technologies India Private Limited | ₹42.56 Lakh (FY 2023) | •••• | •••• | 47.0% | •••• | Hyderabad, Telangana, India |
| Divyasree Info Solutions Private Limited | ₹42.55 Lakh (FY 2017) | •••• | •••• | -9.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Shaan Technologies India by revenue in the same principal business activity (Other information & communication service activities), 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 Technologies India Private Limited
Shaan Technologies India Private Limited is audited by C SREEKANTHAN for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C SREEKANTHAN | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Shaan Technologies India Private Limited
Shaan Technologies India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shanmugam Subramanian | Managing Director | 08 Jun 2011 | 15 Years 4 Months | As last reported |
| Palaniappan Subramanian | Director | 08 Jun 2011 | 15 Years 4 Months | As last reported |
| Subramanian Solai | Director | 08 Jun 2011 | 15 Years 4 Months | As last reported |
Ownership and Shareholding of Shaan Technologies India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Shaan Technologies India Private Limited
Shaan Technologies India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Shaan Technologies India Private Limited
Shaan Technologies India Private Limited has 10 court cases on record: 10 filed against it. 4 cases are pending and 6 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 9 | 9 | 4 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by V-Con Integrated Solutions Private Limited | Disposed |
| NCLAT, Chennai | Interim or miscellaneous application | Filed against the company by V-Con Integrated Solution Pvt Ltd | Pending |
| NCLAT, Chennai | Insolvency matter | Filed against the company by V-Con Integrated Solution Pvt Ltd | Pending |
| NCLAT, Chennai | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| NCLAT, Chennai | Insolvency matter | Filed against the company by an individual | Disposed |
Full case history
All 10 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 Technologies India Private Limited
Employment history and EPFO contributions of people linked to Shaan Technologies India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Shaan Technologies India Private Limited
Shaan Technologies India Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Palaniappan Subramanian was appointed as Director on 08 Jun 2011.
Credit Ratings, Litigation & Regulatory Alerts for Shaan Technologies India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Shaan Technologies India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Shaan Technologies India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Shaan Technologies India Private Limited
Shaan Technologies India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAPCS9819R1Z8 | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shaan Technologies India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Shaan Technologies India Private Limited
Shaan Technologies India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Shaan Technologies India is a company under liquidation, formerly operating as a private limited company based in Madurai, Tamil Nadu, India. The company works in information technology services, within the service industry. It was incorporated on 08 June 2011 and is registered under CIN U72200TN2011PTC080982. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Shaan Technologies India reported revenue of ₹42.58 Lakh for FY 2020 (down 14% YoY).
Shaan Technologies India has 3 current directors:
- Shanmugam Subramanian - Managing Director
- Palaniappan Subramanian - Director
- Subramanian Solai - Director
Shaan Technologies India reported a net loss of ₹10.25 Lakh (net margin -24.1%) and EBITDA of -₹8.94 Lakh (EBITDA margin -21%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shaan Technologies India is -9% over three years and 6% over five years. In the latest year (FY 2020) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Shaan Technologies India is U72200TN2011PTC080982. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shaan Technologies India has 10 court cases on record: 10 filed against it. 4 are pending. Most are in the nclat.
Shaan Technologies India was incorporated on 08 June 2011. It is registered with the Registrar of Companies, Chennai.
The peers of Shaan Technologies India by revenue are Zylu Business Solutions Private Limited, Infymax Solutions Private Limited, Skybeat Digitals Private Limited, Etouch Mobile Solutions Private Limited, N.D. Micro Systems Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Palaniappan Subramanian was appointed as Director on 08 Jun 2011. Shanmugam Subramanian was appointed as Managing Director on 08 Jun 2011. Subramanian Solai was appointed as Director on 08 Jun 2011.