About Shankar Nutricon Private Limited
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Shankar Nutricon Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the organic and health foods segment of the food and beverages sector. It was incorporated on 04 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U15400MP2009PTC021995. Its GSTIN is 23AANCS1167L1Z2 (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2.7 Cr and a paid-up capital of ₹2.59 Cr. It was formerly known as Sai Shakti Agrotech Private Limited. It is led by directors including Vinay Mangharamani and Ashok Mangharamani.
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 Plot No 64 Scheme No 97 Reti Mandi (Opp. Ocean Motors), Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹508.15 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹70.12 Cr (net margin 13.8%) and EBITDA of ₹108.35 Cr (EBITDA margin 21.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 21% over five years.
The company has about 357 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹135.83 Cr and satisfied charges of ₹45.77 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 5 deals on record (2 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹88.5 Lakh; the latest was in March 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saishaktiagrotech.com.
Company details
Contact details
Shankar Nutricon Private Limited's registered office is in Indore, Madhya Pradesh. Its website is saishaktiagrotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 64 Scheme No 97 Reti Mandi (Opp. Ocean Motors), Indore, Madhya Pradesh, India – 452001
- IndustryFood and Beverages, Organic & Health Foods
To see the full contact details of Shankar Nutricon 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 Shankar Nutricon is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Shankar Nutricon Private Limited, buy the company report.
Financials of Shankar Nutricon Private Limited
FY 2024 filings availableShankar Nutricon Private Limited reported revenue of ₹508.15 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 13% growth in the latest year. EBITDA rose 16% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹108.35 Cr | ||||
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| Net Profit (PAT) | ₹70.12 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 21.3% | ||||
| Net Profit Margin | 13.8% | ||||
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To see the full financial statements and ratios of Shankar Nutricon Private Limited, buy the company report.
Board of directors of Shankar Nutricon Private Limited
Shankar Nutricon has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Mangharamani Also directs: Visvas Devcon LLP, Shankar Soya Concepts Private Limited, Sunshine Spaces Private Limited and 2 more | Director | 04 Jun 2009 | 17 Years 4 Months | Current |
| Ashok Mangharamani | Director | 10 Feb 2016 | 10 Years 8 Months | Current |
| Manish Mangharamani | Director | 12 Jul 2010 | 16 Years 3 Months | Current |
Auditor
Shankar Nutricon Private Limited is audited by RAKESH K. GOYAL & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH K. GOYAL & CO. | FY 2022 | 004016C |
Shareholding
The shareholding of Shankar Nutricon 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 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Shankar Nutricon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Apr 2023 | 100712803 | Hdfc Bank Limited | ₹13.08 Lakh | Open | |
| 30 Mar 2023 | 100721814 | Hdfc Bank Limited | ₹30.12 Lakh | Open | |
| 06 Jan 2023 | 100682436 | Hdfc Bank Limited | ₹40 Lakh | Open | |
| 12 Oct 2021 | 100492440 | Hdfc Bank Limited | ₹135 Cr | Open | |
| 20 Feb 2019 | 100252764 | Others | ₹41.47 Cr | Satisfied |
To see the full charge records of Shankar Nutricon Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Shankar Nutricon Private Limited has 5 deals on record (2 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹88.5 Lakh; the latest was in March 2019.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Rights issue | ₹2.5 Cr | Investors: 3 individuals |
| Nov 2016 | Rights issue | ₹1 Cr | Investors: 3 individuals |
| Feb 2016 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| Mar 2013 | Funding round | ₹19.5 Lakh | Investors: 3 individuals |
| Apr 2010 | Funding round | ₹69 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shankar Nutricon Private Limited has 3 court cases on record: 1 filed by Shankar Nutricon, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (MACC) | Filed against the company by individuals | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by an individual | Disposed |
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Filed by the company against an individual | Disposed |
To see the full case history of Shankar Nutricon 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 Shankar Nutricon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shankar Nutricon Private Limited has a workforce of 357 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Shankar Nutricon has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AANCS1167L1Z2 | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AANCS1167L2Z1 | Madhya Pradesh | Active | 12 Jun 2024 |
To see the full GST registrations and return filing status of Shankar Nutricon Private Limited, buy the company report.
Recent activity
Shankar Nutricon Private Limited has 7 board changes on record since 2009: 3 appointments and 4 cessations. The latest: Ashok Mangharamani ceased to be Additional Director on 28 Sep 2016.
11 earlier events are in the company report.
Frequently asked questions
Shankar Nutricon is an active private limited company based in Indore, Madhya Pradesh, India. The company works in organic and health foods, within the food and beverages industry. It was incorporated on 04 June 2009 (17+ years old) and is registered under CIN U15400MP2009PTC021995.
Shankar Nutricon has 3 current directors:
- Vinay Mangharamani - Director
- Ashok Mangharamani - Director
- Manish Mangharamani - Director
The latest financial statements of Shankar Nutricon on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Shankar Nutricon is 23AANCS1167L1Z2, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AANCS1167L2Z1 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Shankar Nutricon is U15400MP2009PTC021995. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shankar Nutricon has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
Shankar Nutricon was incorporated on 04 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Gwalior.
Shankar Nutricon has 5 deals on record (2 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹88.5 Lakh; the latest was in March 2019.
Ashok Mangharamani ceased to be Additional Director on 28 Sep 2016. Ashok Mangharamani was appointed as Director on 10 Feb 2016. Jatin Mangharamani ceased to be Director on 20 Jan 2016. Shankar Nutricon has 7 board changes on record in total.
Shankar Nutricon can be reached through the website saishaktiagrotech.com. Its registered office is in Indore, Madhya Pradesh, India.

