About Shangrila India Private Limited
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Shangrila India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the legal process outsourcing segment of the business process outsourcing sector. It was incorporated on 21 March 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27200MH1985PTC035701. Its GSTIN is 27AAACS9239C1ZD (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.49 Cr. It was formerly known as Shangrila India Limited. It is led by directors Jaikishan Lakhiprasad Bhagchandka and Ashish Kailashpati Kedia.
Its last annual general meeting (AGM) was held on 29 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at B – 102 Twinkle Aptsplot No 18 Andheri Versova Road, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2026, the company reported a revenue of ₹50.99 Lakh, a growth of 82% compared to the previous year. For the same year it recorded a net profit of ₹27.29 Lakh (net margin 53.5%) and EBITDA of ₹42.12 Lakh (EBITDA margin 82.6%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 46% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹9.5 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shangrilaindia.com.
Company details
CIN history
Shangrila India has one previous CIN (Corporate Identification Number): U27200MH1985PLC035701. The current CIN is U27200MH1985PTC035701, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27200MH1985PTC035701 | Current |
| U27200MH1985PLC035701 | Previous |
Contact details
Shangrila India Private Limited's registered office is in Mumbai, Maharashtra. Its website is shangrilaindia.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressB – 102 Twinkle Aptsplot No 18 Andheri Versova Road, Mumbai, Maharashtra, India – 400053
- IndustryBusiness Outsourcing, Legal Process Outsourcing
To see the full contact details of Shangrila India Private 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
Business activity
The main business activity of Shangrila India is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Shangrila India Private Limited, buy the company report.
Financials of Shangrila India Private Limited
FY 2026 filings availableShangrila India Private Limited reported revenue of ₹50.99 Lakh (up 82% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue rose 82% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 46%. EBITDA rose 163% 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹50.99 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹42.12 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27.29 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 82.6% | ||||
| Net Profit Margin | 53.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Shangrila India Private Limited, buy the company report.
Board of directors of Shangrila India Private Limited
Shangrila India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaikishan Lakhiprasad Bhagchandka Also directs: Shangrila Corporate Consultants LLP, Reasoned Ventures LLP, Aesopian Enterprises LLP and 5 more | Director | 24 Dec 1996 | 29 Years 10 Months | Current |
| Ashish Kailashpati Kedia Also directs: Shangrila Corporate Consultants LLP, Aesopian Enterprises LLP, FTS India LLP and 5 more | Director | 26 May 2006 | 20 Years 5 Months | Current |
Auditor
Shangrila India Private Limited is audited by SIGMAC & CO for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SIGMAC & CO | FY 2026 | 116351W |
Shareholding
The shareholding of Shangrila India Private 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shangrila India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Apr 2024 | 100918644 | Others | ₹9.5 Cr | Satisfied |
To see the full charge records of Shangrila India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Shangrila India Private Limited has 5 court cases on record: 5 filed by Shangrila India. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Execution petition | Filed by the company against M/S SPML Infra Ltd. | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Bangalore Metro Rail Corporation Ltd (Bmrcl) and 1 other | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against M/S Subhash Projects & Marketing Ltd | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed by the company against M/S Subhash Projects& Marketing Limited | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Shangrila India Private 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
No delayed payments to MSME suppliers are on our record for Shangrila India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shangrila India Private Limited has a workforce of 3 employees on its EPFO records as of Mar 2019, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2018-19 | 3 |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Shangrila India Private Limited, buy the company report.
GST
Shangrila India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS9239C1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shangrila India Private Limited, buy the company report.
Recent activity
Shangrila India Private Limited has 4 board changes on record since 1996: 3 appointments and 1 cessation. The latest: Binit Bhagchandka ceased to be Director on 11 Mar 2022.
Frequently asked questions
Shangrila India is an active private limited company based in Mumbai, Maharashtra, India. The company works in legal process outsourcing, within the business outsourcing industry. It was incorporated on 21 March 1985 (41+ years old) and is registered under CIN U27200MH1985PTC035701.
Shangrila India has 2 current directors:
- Jaikishan Lakhiprasad Bhagchandka - Director
- Ashish Kailashpati Kedia - Director
The latest financial statements of Shangrila India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Shangrila India is 27AAACS9239C1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shangrila India is U27200MH1985PTC035701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shangrila India has 5 court cases on record: 5 filed by the company. Most are in the high courts.
Shangrila India was incorporated on 21 March 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Binit Bhagchandka ceased to be Director on 11 Mar 2022. Ashish Kailashpati Kedia was appointed as Director on 26 May 2006. Binit Bhagchandka was appointed as Director on 19 Mar 2004. Shangrila India has 4 board changes on record in total.
Shangrila India can be reached through the website shangrilaindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Shangrila India is at B – 102 Twinkle Aptsplot No 18 Andheri Versova Road, Mumbai, Maharashtra, India – 400053.
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