Shangun Processors Private Limited
About Shangun Processors Private Limited
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Shangun Processors Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 17 March 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17111GJ1999PTC035604. Its GSTIN is 24AAFCS3561C2ZO (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹51.09 Lakh. It is led by directors including Amitbhai Santrambhai Maggu and Punit Maggu.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 418 Hari Krupa Marketring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2023, the company reported a revenue of ₹20.4 Lakh. For the same year it recorded a net loss of ₹6,340 (net margin -0.3%) and EBITDA of -₹6,340 (EBITDA margin -0.3%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years and 49% over five years.
Company details
Contact details
Shangun Processors Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address418 Hari Krupa Marketring Road, Surat, Gujarat, India – 395002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Shangun Processors 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 Shangun Processors is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Shangun Processors Private Limited, buy the company report.
Financials of Shangun Processors Private Limited
FY 2023 filings availableShangun Processors Private Limited reported revenue of ₹20.4 Lakh for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 49% 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 |
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| EBITDA | -₹6,340 | ||||
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| Net Profit (PAT) | -₹6,340 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | -0.3% | ||||
| Net Profit Margin | -0.3% | ||||
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To see the full financial statements and ratios of Shangun Processors Private Limited, buy the company report.
Board of directors of Shangun Processors Private Limited
Shangun Processors has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amitbhai Santrambhai Maggu | Director | 17 Mar 1999 | 27 Years 7 Months | Current |
| Punit Maggu | Director | 17 Mar 1999 | 27 Years 7 Months | Current |
| Sant Devidayal Maggu | Director | 09 Dec 2019 | 6 Years 10 Months | Current |
| Shakuntalaben Santbhai Maggu | Director | 11 Mar 2020 | 6 Years 7 Months | Current |
Peer comparison
Shangun Processors Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shri Bhakti Fabrics Private Limited | ₹20.46 Lakh (FY 2025) | -5.0% | Surat, Gujarat, India | |||
| Shangun Processors Private Limitedthis company | ₹20.4 Lakh (FY 2023) | -₹6,340 | -0.3% | Surat, Gujarat, India | ||
| Miraal Textile Industries Private Limited | ₹20.33 Lakh (FY 2023) | 53.0% | Banka, Bihar, India | |||
| Ethnic Indian Cotton Silk Woven Arts & Handicrafts Private Limited | ₹20.32 Lakh (FY 2018) | -61.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Shangun Processors Private Limited, buy the company report.
Auditor
Shangun Processors Private Limited is audited by J J SHETH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J J SHETH & CO | FY 2019 | 129777W |
Legal cases
No court or tribunal cases involving Shangun Processors Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shangun Processors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shangun Processors has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCS3561C2ZO | Gujarat | Active | 29 Aug 2017 |
To see the full GST registrations and return filing status of Shangun Processors Private Limited, buy the company report.
Recent activity
Shangun Processors Private Limited has 4 board changes on record since 1999: 4 appointments. The latest: Shakuntalaben Santbhai Maggu was appointed as Director on 11 Mar 2020.
Frequently asked questions
Shangun Processors is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 17 March 1999 (27+ years old) and is registered under CIN U17111GJ1999PTC035604.
Shangun Processors has 4 current directors:
- Amitbhai Santrambhai Maggu - Director
- Punit Maggu - Director
- Sant Devidayal Maggu - Director
- Shakuntalaben Santbhai Maggu - Director
The latest financial statements of Shangun Processors on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Shangun Processors is 24AAFCS3561C2ZO, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Shangun Processors is U17111GJ1999PTC035604. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shangun Processors was incorporated on 17 March 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shangun Processors by revenue are Shri Bhakti Fabrics Private Limited, Miraal Textile Industries Private Limited, Ethnic Indian Cotton Silk Woven Arts & Handicrafts Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (wholesale trading).
Shakuntalaben Santbhai Maggu was appointed as Director on 11 Mar 2020. Sant Devidayal Maggu was appointed as Director on 09 Dec 2019. Amitbhai Santrambhai Maggu was appointed as Director on 17 Mar 1999. Shangun Processors has 4 board changes on record in total.
The registered office of Shangun Processors is at 418 Hari Krupa Marketring Road, Surat, Gujarat, India – 395002.
Shangun Processors operates in the manufacturing industry, in the textile and fabric production segment.
Shangun Processors can be reached at its registered office: 418 Hari Krupa Marketring Road, Surat, Gujarat, India – 395002.