Shantan Innovations Private Limited
About Shantan Innovations Private Limited
Data last updated:
Shantan Innovations Private Limited is a private limited company based in Indore, Madhya Pradesh, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 17 February 2009.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U51395MP2009PTC021627. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Meena Sharma and Tansukh Rai Sharma.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Indore, Madhya Pradesh.
As per the financials filed for FY 2018, the company reported a revenue of ₹9.85 Cr, a decline of 60% compared to the previous year. For the same year it recorded a net profit of ₹7.58 Lakh (net margin 0.8%) and EBITDA of ₹31.88 Lakh (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years.
Court records list 7 cases involving the company, including 1 filed by the company and 7 filed against it.
Company details
Contact details
Shantan Innovations Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressTheaddress Flatno.302 Blockh Schemeno.94 Serviceroad Grampipliyakumar Ringr, Oad, Indore, Madhya Pradesh, India – 452001
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Shantan Innovations 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 Shantan Innovations 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 Shantan Innovations Private Limited, buy the company report.
Financials of Shantan Innovations Private Limited
FY 2018 filings availableShantan Innovations Private Limited reported revenue of ₹9.85 Cr (down 60% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 60% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 36%. EBITDA fell 54% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹9.85 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹31.88 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹7.58 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 | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.2% | |||
| Net Profit Margin | 0.8% | |||
| 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 Shantan Innovations Private Limited, buy the company report.
Board of directors of Shantan Innovations Private Limited
Shantan Innovations 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 |
|---|---|---|---|---|
| Meena Sharma | Director | 01 Nov 2016 | 10 Years 0 Months | As last reported |
| Tansukh Rai Sharma | Director | 17 Feb 2009 | 17 Years 8 Months | As last reported |
| Rahul Anand Also directs: R B L Consultants Private Limited | Irp/Rp/Liquidator | 21 Mar 2024 | 2 Years 7 Months | As last reported |
Peer comparison
Shantan Innovations Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), 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 |
|---|---|---|---|---|---|---|
| M.S. Kumar Electricals Private Limited | ₹9.9 Cr (FY 2025) | -29.0% | New Delhi, Delhi, India | |||
| Pushti Electricals Pvt Ltd | ₹9.87 Cr (FY 2025) | 40.0% | Mumbai, Maharashtra, India | |||
| GKM Power Projects Private Limited | ₹9.86 Cr (FY 2025) | -17.0% | Delhi, India | |||
| Shantan Innovations Private Limitedthis company | ₹9.85 Cr (FY 2018) | ₹7.58 Lakh | 0.8% | -60.0% | Indore, Madhya Pradesh, India | |
| Charze Industries Private Limited | ₹9.85 Cr (FY 2025) | 33.0% | Kolkata, West Bengal, India | |||
| Amplify Energy Innovations Private Limited | ₹9.84 Cr (FY 2024) | 5.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Shantan Innovations Private Limited, buy the company report.
Auditor
Shantan Innovations Private Limited is audited by M B K & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M B K & ASSOCIATES | FY 2018 | 011070C |
Shareholding
The shareholding of Shantan Innovations Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shantan Innovations Private Limited, buy the company report.
Legal cases
Shantan Innovations Private Limited has 7 court cases on record: 1 filed by Shantan Innovations, 7 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 5 | 5 | 0 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Indore | Insolvency matter | Filed against the company by Mr. Amresh Shukla Resolution Professional of Shantan Innovations Private Limited | Disposed |
| NCLT, Indore | Insolvency matter | Filed by the company against Meena Sharma (Suspended Management) Shantan Innovations Pvt. Ltd. and 3 others | Disposed |
| District court, Valsad, Gujarat | Commercial matter | Filed against the company by Rameshkumar R Saini C/O Shree Sai Industries | Disposed |
| NCLT, Indore | Insolvency matter | Filed against the company by Hongkong Konka Limited | Disposed |
| NCLT, Indore | Insolvency matter | Filed against the company by Shree Sai Industries | Disposed |
To see the full case history of Shantan Innovations 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 Shantan Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shantan Innovations has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Shantan Innovations Private Limited, buy the company report.
Recent activity
Shantan Innovations Private Limited has 7 board changes on record since 2009: 3 appointments and 4 cessations. The latest: Rahul Anand was appointed as Irp/Rp/Liquidator on 21 Mar 2024.
Frequently asked questions
Shantan Innovations is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Shantan Innovations is a company under liquidation, formerly operating as a private limited company based in Indore, Madhya Pradesh, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 17 February 2009 and is registered under CIN U51395MP2009PTC021627. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Shantan Innovations has 3 current directors:
- Meena Sharma - Director
- Tansukh Rai Sharma - Director
- Rahul Anand - Irp/Rp/Liquidator
The latest financial statements of Shantan Innovations on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shantan Innovations is U51395MP2009PTC021627. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shantan Innovations has 7 court cases on record: 1 filed by the company and 7 filed against it. Most are in the nclt.
Shantan Innovations was incorporated on 17 February 2009. It is registered with the Registrar of Companies, Gwalior.
The peers of Shantan Innovations by revenue are M.S. Kumar Electricals Private Limited, Pushti Electricals Pvt Ltd, GKM Power Projects Private Limited, Charze Industries Private Limited, Amplify Energy Innovations Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Rahul Anand was appointed as Irp/Rp/Liquidator on 21 Mar 2024. Asha Chintamani Sabhahit ceased to be Director on 02 Nov 2016. Meena Sharma was appointed as Director on 01 Nov 2016. Shantan Innovations has 7 board changes on record in total.
The registered office of Shantan Innovations is at Theaddress Flatno.302 Blockh Schemeno.94 Serviceroad Grampipliyakumar Ringr, Oad, Indore, Madhya Pradesh, India – 452001.
No. Shantan Innovations has 2 GST registrations on record and all of them are cancelled or inactive.
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