Shantai Technologies Limited
About Shantai Technologies Limited
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Shantai Technologies Limited is a public limited company based in Surat, Gujarat, India, a subsidiary of Shantai Exim Limited. It operates in the software products and publishing segment of the software and technology sector. It was incorporated on 22 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2009PLC058158. Its GSTIN is 24AANCS4888E1ZX (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.48 Cr. It is led by directors including Harishbhai Fatandas Sawlani and Vasudev Fatandas Sawlani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 816 To 820 Golden Point Near Telephone Exchange Begampura Falsawadi Ring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2024, the company reported a revenue of ₹60,000. For the same year it recorded a net loss of ₹61,347 (net margin -102.2%) and EBITDA of -₹61,345 (EBITDA margin -102.2%). Revenue has declined at a compounded annual rate (CAGR) of 17% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shantai Technologies Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered Address816 To 820 Golden Point Near Telephone Exchange Begampura Falsawadi Ring Road, Surat, Gujarat, India – 395002
- IndustrySoftware, Software Publishing, Software Development
To see the full contact details of Shantai Technologies 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
Financials of Shantai Technologies Limited
FY 2025 filings availableShantai Technologies Limited reported revenue of ₹60,000 for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹61,345 | ||||
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| Net Profit (PAT) | -₹61,347 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -102.2% | ||||
| Net Profit Margin | -102.2% | ||||
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To see the full financial statements and ratios of Shantai Technologies Limited, buy the company report.
Board of directors of Shantai Technologies Limited
Shantai Technologies has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harishbhai Fatandas Sawlani Also directs: Paritosh Developers LLP, Shantai Industries Limited, Sawlani Synthetics Private Limited and 5 more | Director | 22 Sep 2009 | 17 Years 1 Months | Current |
| Vasudev Fatandas Sawlani Also directs: Paritosh Developers LLP, Shantai Industries Limited, Sawlani Synthetics Private Limited and 4 more | Director | 22 Sep 2009 | 17 Years 1 Months | Current |
| Reena Harish Sawlani Also directs: Shantai Industries Limited, Sweta Organisers Private Limited | Director | 30 Apr 2018 | 8 Years 5 Months | Current |
Peer comparison
Shantai Technologies Limited is compared with the 10 companies closest to it by revenue in the Artificial Intelligence industry (AI Technologies), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fexo Genai Technologies Private Limited | ₹1.15 Lakh (FY 2025) | Bangalore, Karnataka, India | ||||
| Trufides AI Technologies Private Limited | ₹1.1 Lakh (FY 2025) | Bangalore, Karnataka, India | ||||
| Greenilai Technologies Private Limited | ₹1.06 Lakh (FY 2024) | 383.0% | Bangalore, Karnataka, India | |||
| Esrai Technologies Private Limited | ₹93,000 (FY 2024) | Mumbai, Maharashtra, India | ||||
| Shensu AI Technologies Private Limited | ₹76,354 (FY 2024) | Kanpur, Uttar Pradesh, India | ||||
| Shantai Technologies Limitedthis company | ₹60,000 (FY 2024) | -₹61,347 | -102.2% | Surat, Gujarat, India | ||
| Genhex AI Technologies Private Limited | ₹51,160 (FY 2024) | Bangalore, Karnataka, India | ||||
| Kankai Technologies Private Limited | ₹50,912 (FY 2020) | -75.0% | Mumbai, Maharashtra, India | |||
| Proworld AI Technologies Private Limited | ₹50,000 (FY 2024) | Bangalore, Karnataka, India | ||||
| 8Nap AI Technologies Private Limited | ₹49,160 (FY 2025) | Aurangabad, Maharashtra, India | ||||
| Clouai Technologies Private Limited | ₹48,325 (FY 2025) | Thiruvananthapuram, Kerala, India |
To see the full peer comparison of Shantai Technologies Limited, buy the company report.
Auditor
Shantai Technologies Limited is audited by MOHIT SHAH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOHIT SHAH & ASSOCIATES | FY 2017 | 125874W |
Shareholding
The shareholding of Shantai Technologies Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
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| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shantai Technologies Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shantai Technologies 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 Shantai Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shantai Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AANCS4888E1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shantai Technologies Limited, buy the company report.
Recent activity
Shantai Technologies Limited has 6 board changes on record since 2009: 3 appointments and 3 cessations. The latest: Rohan Harishbhai Sawlani ceased to be Director on 30 Oct 2024.
Frequently asked questions
Shantai Technologies is an active public limited company based in Surat, Gujarat, India. The company works in software publishing, within the software industry. It was incorporated on 22 September 2009 (17+ years old) and is registered under CIN U72200GJ2009PLC058158.
Shantai Technologies has 3 current directors:
- Harishbhai Fatandas Sawlani - Director
- Vasudev Fatandas Sawlani - Director
- Reena Harish Sawlani - Director
The latest financial statements of Shantai Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shantai Technologies is 24AANCS4888E1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Shantai Technologies is U72200GJ2009PLC058158. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shantai Technologies was incorporated on 22 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shantai Technologies by revenue are Fexo Genai Technologies Private Limited, Trufides AI Technologies Private Limited, Greenilai Technologies Private Limited, Esrai Technologies Private Limited, Shensu AI Technologies Private Limited and 5 more, all in the Artificial Intelligence industry (AI Technologies).
Rohan Harishbhai Sawlani ceased to be Director on 30 Oct 2024. Reena Harish Sawlani was appointed as Director on 30 Apr 2018. Murli Fatandas Sawlani ceased to be Director on 29 Sep 2017. Shantai Technologies has 6 board changes on record in total.
The registered office of Shantai Technologies is at 816 To 820 Golden Point Near Telephone Exchange Begampura Falsawadi Ring Road, Surat, Gujarat, India – 395002.
Shantai Technologies operates in the software industry, in the software publishing segment.
The compliance status of Shantai Technologies is compliant as of 10 August 2026. The company is actively filing with the Registrar of Companies.