
Shanudeep Private Limited
About Shanudeep Private Limited
Data last updated:
Shanudeep Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 14 August 1942 and has been in existence for over 84 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1942PTC008840. Its GSTIN is 27AACCS0267J1ZA (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.64 Cr. It was formerly known as The Surat Cotton Spinning & Weaving Mills Limited and The Surat Cotton Spinning & Weaving Mills Private Limited. It is led by directors including Rajanya Pradeep Mafatlal and Harshad Vrajlal Mehta.
Its last annual general meeting (AGM) was held on 25 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 59 The Arcade 1st Floor World Trde Centre Cuffe Parade Colaba, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.25 Cr. For the same year it recorded a net loss of ₹3.12 Cr (net margin -59.4%) and EBITDA of -₹2.61 Cr (EBITDA margin -49.7%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 3% over five years.
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹13.82 Cr on record. Court records list 27 cases involving the company, including 7 filed by the company and 20 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Shanudeep has undergone 2 name changes throughout its history. The company was previously known as The Surat Cotton Spinning & Weaving Mills Limited, and The Surat Cotton Spinning & Weaving Mills Private Limited. The current legal name is Shanudeep Private Limited.
| Company Name | Status |
|---|---|
| Shanudeep Private Limited | Current |
| The Surat Cotton Spinning & Weaving Mills Limited | Previous |
| The Surat Cotton Spinning & Weaving Mills Private Limited | Previous |
CIN history
Shanudeep has one previous CIN (Corporate Identification Number): U17120MH1920PTC008840. The current CIN is U17120MH1942PTC008840, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17120MH1942PTC008840 | Current |
| U17120MH1920PTC008840 | Previous |
Contact details
Shanudeep Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address59 The Arcade 1st Floor World Trde Centre Cuffe Parade Colaba, Mumbai, Maharashtra, India – 400005
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Shanudeep 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
Financials of Shanudeep Private Limited
FY 2025 filings availableShanudeep Private Limited reported revenue of ₹5.25 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.25 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.12 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -49.7% | ||||
| Net Profit Margin | -59.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Shanudeep Private Limited, buy the company report.
Board of directors of Shanudeep Private Limited
Shanudeep has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Auditor
Shanudeep Private Limited is audited by R S GOKANI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R S GOKANI & CO | FY 2023 | 163865 |
Shareholding
The shareholding of Shanudeep Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shanudeep Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2001 | 90378307 | Central Bank of India | ₹50 Lakh | Open | |
| 27 Nov 2001 | 90378617 | Central Bank of India | ₹50 Lakh | Open | |
| 25 May 1999 | 90378223 | Mahindra & Mahindra Finance Service Ltd. | ₹1.21 Cr | Open | |
| 13 Feb 1999 | 90376316 | Central Bank of India | ₹20 Lakh | Open | |
| 20 Aug 1998 | 90376257 | The Bharat Co- Op. Bank Ltd. | ₹20 Lakh | Open |
To see the full charge records of Shanudeep Private Limited, buy the company report.
Total charge records: 52 View all charges
Legal cases
Shanudeep Private Limited has 27 court cases on record: 7 filed by Shanudeep, 20 filed against it. 4 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 15 | 4 |
| District courts | 5 | 4 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed by the company against Mafatlal Industries Limited and Anr. and 1 other | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Revision) | Filed by the company against Mafatlal Industries Ltd. | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAD) | Filed against the company by an individual | Disposed |
| Bombay High Court | Writ petition | Filed by the company against an individual | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAD) | Filed against the company by an individual | Disposed |
To see the full case history of Shanudeep 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 Shanudeep Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Shanudeep has 2 subsidiary companies and 2 associated companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sheiladeep Investments Private Limited | U65990MH1979PTC021764 | |
| Vinadeep Investments Private Limited | U65990MH1979PTC021765 |
To see the full group structure of Shanudeep Private Limited, buy the company report.
Employees & EPFO
Shanudeep Private Limited has a workforce of 1 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Shanudeep has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCS0267J1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shanudeep Private Limited, buy the company report.
Recent activity
Shanudeep Private Limited has 12 board changes on record since 1983: 9 appointments and 3 cessations. The latest: Maitreya Balkrishna Harivallabhdas ceased to be Director on 06 Jun 2022.
62 earlier events are in the company report.
Frequently asked questions
Shanudeep is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 14 August 1942 (84+ years old) and is registered under CIN U17120MH1942PTC008840.
Shanudeep has 6 current directors:
- Rajanya Pradeep Mafatlal - Director
- Harshad Vrajlal Mehta - Director
- Pravina R Mafatlal - Director
- Pavani Ramiah Pichamurthy - Director
- Divya Pradeep Mafatlal - Director
- Pradeep Rasesh Mafatlal - Director
The latest financial statements of Shanudeep on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shanudeep is 27AACCS0267J1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shanudeep is U17120MH1942PTC008840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shanudeep has 27 court cases on record: 7 filed by the company and 20 filed against it. 4 are pending. Most are in the high courts.
Shanudeep was incorporated on 14 August 1942, making it 84+ years old. It is registered with the Registrar of Companies, Mumbai.
Maitreya Balkrishna Harivallabhdas ceased to be Director on 06 Jun 2022. Rajanya Pradeep Mafatlal was appointed as Director on 16 May 2022. Mahesh Kalyanji Shah ceased to be Company Secretary on 01 Jan 2019. Shanudeep has 12 board changes on record in total.
The registered office of Shanudeep is at 59 The Arcade 1st Floor World Trde Centre Cuffe Parade Colaba, Mumbai, Maharashtra, India – 400005.
Shanudeep operates in the financial services industry, in the diversified financial services segment.

