Shankar Saree Store Private Limited

Shankar Saree Store Private Limited - fashion and textile in Howrah, West Bengal, India. Directors, charges & compliance details.
CIN U51909WB1997PTC082635 Incorporated 17 January 1997 ROC Kolkata HQ Howrah, West Bengal, India
Merged Private Limited Company fashion and textile
Data last updated
Revenue · FY 2024
₹2.26 Cr
▲ 5604% YoY
Net profit · FY 2024
₹7,974
Net margin 0%
EBITDA · FY 2024
₹20,626
EBITDA margin 0.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.54 Cr
Issued & subscribed
Open charges
₹3.46 Cr
Satisfied ₹16.8 Cr
Company age
29 yrs
Est. 1997
Directors on board
2
As per MCA filings

About Shankar Saree Store Private Limited

Data last updated:

Shankar Saree Store Private Limited was a private limited company based in Howrah, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the fashion retail segment of the fashion and textiles sector. It was incorporated on 17 January 1997.

The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1997PTC082635. Its GSTIN is 19AAACV8536B1ZB (West Bengal).

The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.54 Cr. It was led by directors Sushil Kumar Gupta and Amit Gupta.

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 was at Ground Floor Jl No – 6 Mouza – Khalia P.O. – Chamrail, Howrah, West Bengal, India – 711114.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.26 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7,974 (net margin 0%) and EBITDA of ₹20,626 (EBITDA margin 0.1%). Revenue has declined at a compounded annual rate (CAGR) of 119% over three years and 21% over five years.

As per MCA filings, the company had open charges of ₹3.46 Cr and satisfied charges of ₹16.8 Cr on record. Court records list 16 cases involving the company, including 14 filed by the company and 2 filed against it; 2 cases are pending.

Company details

CIN U51909WB1997PTC082635
Registration Number 082635
Incorporation Date 17 January 1997
ROC Kolkata
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Shankar Saree Store Private Limited's registered office is in Howrah, West Bengal. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Ground Floor Jl No – 6 Mouza – Khalia P.O. – Chamrail, Howrah, West Bengal, India – 711114
  • Industry
    Fashion and Textile, Fashion Retail

To see the full contact details of Shankar Saree Store Private Limited, buy the company report.

Comprehensive company report
Shankar Saree Store Private Limited - one report that includes everything
  • 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

The main business activity of Shankar Saree Store is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Shankar Saree Store Private Limited, buy the company report.

Financials of Shankar Saree Store Private Limited

FY 2024 filings available

Shankar Saree Store Private Limited reported revenue of ₹2.26 Cr (up 5604% YoY) for FY 2024.

Revenue · FY 2024
₹2.26 Cr ▲ 5604%
Net profit · FY 2024
₹7,974 margin 0%
EBITDA · FY 2024
₹20,626 margin 0.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 119%
5 years · compounded
▼ 21%
EBITDA CAGR growth
1 year
▲ 113%
3 years · compounded
▲ 26%
5 years · compounded
▲ 15%

Revenue has declined at a compounded annual rate (CAGR) of 21% over five years. EBITDA rose 113% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹20,626
Profit Before Tax
Tax Expense
Net Profit (PAT)₹7,974
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin0.1%
Net Profit Margin0%
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 Shankar Saree Store Private Limited, buy the company report.

Board of directors of Shankar Saree Store Private Limited

Shankar Saree Store has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Sushil Kumar GuptaDirector17 Jan 199729 Years 9 MonthsAs last reported
Amit GuptaDirector10 Jan 20179 Years 9 MonthsAs last reported

Peer comparison

Shankar Saree Store Private Limited is compared with the 4 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Zinnius Industries Private Limited₹2.28 Cr (FY 2024)-53.0%Hoshiarpur, Punjab, India
Solanki Fashion Private Limited₹2.27 Cr (FY 2025)-43.0%Surat, Gujarat, India
Criper Garments (India) Private Limited₹2.26 Cr (FY 2018)29.0%Kolkata, West Bengal, India
Shankar Saree Store Private Limitedthis company₹2.26 Cr (FY 2024)₹7,9740%5604.0%Howrah, West Bengal, India
Kinmoi Trading Private Limited₹2.24 Cr (FY 2023)814.0%Delhi, India

To see the full peer comparison of Shankar Saree Store Private Limited, buy the company report.

Auditor

Shankar Saree Store Private Limited is audited by N K MOHTA & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
N K MOHTA & COFY 2023329044E

Shareholding

The shareholding of Shankar Saree Store 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Shankar Saree Store Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.46 Cr
Satisfied charges
₹16.8 Cr
Breakdown by lending institutions
Standard Chartered Bank₹14.30 Cr
Ing Vysya Bank Ltd₹2.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Oct 201510604751Standard Chartered Bank₹15 LakhSatisfied
29 Sep 201410524946Standard Chartered Bank₹15 LakhSatisfied
30 Oct 200910184629Standard Chartered Bank₹7 CrSatisfied
24 Oct 200910184630Standard Chartered Bank₹7 CrSatisfied
30 Jan 200910148883Ing Vysya Bank Ltd₹50 LakhSatisfied

To see the full charge records of Shankar Saree Store Private Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Shankar Saree Store Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Shankar Saree Store has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
19AAACV8536B1ZBWest BengalActive24 Jul 2017

To see the full GST registrations and return filing status of Shankar Saree Store Private Limited, buy the company report.

Recent activity

Shankar Saree Store Private Limited has 3 board changes on record since 1997: 2 appointments and 1 cessation. The latest: Nirmala Gupta ceased to be Director on 03 Mar 2019.

AGM
Shankar Saree Store Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Shankar Saree Store Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Charges
A charge registered on 27 Oct 2015 via Charge ID 10604751 with Standard Chartered Bank was fully satisfied on 03 Apr 2019.
Charges
A charge registered on 29 Sep 2014 via Charge ID 10524946 with Standard Chartered Bank was fully satisfied on 03 Apr 2019.
Charges
A charge registered on 30 Oct 2009 via Charge ID 10184629 with Standard Chartered Bank was fully satisfied on 03 Apr 2019.
Charges
A charge registered on 24 Oct 2009 via Charge ID 10184630 with Standard Chartered Bank was fully satisfied on 03 Apr 2019.
Ceased
Nirmala Gupta ceased to be Director.
Appointed
Amit Gupta was appointed as Director.
Charges
A charge with Standard Chartered Bank amounted to Rs. 0.15 Cr with Charge ID 10604751 was registered on 27 Oct 2015.
Charges
A charge with Standard Chartered Bank amounted to Rs. 0.15 Cr with Charge ID 10524946 was registered on 29 Sep 2014.
Charges
A charge with Standard Chartered Bank of Rs. 7.00 Cr registered on 30 Oct 2009 with Charge ID 10184629 was modified on 17 Sep 2013.
Charges
A charge with Standard Chartered Bank of Rs. 7.00 Cr registered on 24 Oct 2009 with Charge ID 10184630 was modified on 06 Sep 2013.

8 earlier events are in the company report.

Frequently asked questions

Shankar Saree Store has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Shankar Saree Store was a private limited company based in Howrah, West Bengal, India. The company worked in fashion retail, within the fashion and textile industry. It was incorporated on 17 January 1997 and is registered under CIN U51909WB1997PTC082635. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Shankar Saree Store was incorporated on 17 January 1997. It is registered with the Registrar of Companies, Kolkata.

Shankar Saree Store had 2 directors:

The CIN (Corporate Identification Number) of Shankar Saree Store is U51909WB1997PTC082635. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Shankar Saree Store is at Ground Floor Jl No – 6 Mouza – Khalia P.O. – Chamrail, Howrah, West Bengal, India – 711114.

The latest financial statements of Shankar Saree Store 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 Saree Store is 19AAACV8536B1ZB, registered in West Bengal.

Shankar Saree Store operated in the fashion and textile industry, in the fashion retail segment.

The peers of Shankar Saree Store by revenue are Zinnius Industries Private Limited, Solanki Fashion Private Limited, Criper Garments (India) Private Limited, Kinmoi Trading Private Limited, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading).

Shankar Saree Store has 16 court cases on record: 14 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.