Shashi Commercial Co Ltd
About Shashi Commercial Co Ltd
Data last updated:
Shashi Commercial Co Ltd was a public limited company based in Kolkata, 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 diversified financial services segment of the financial services sector. It was incorporated on 30 November 1978.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U65921WB1978PLC031789. Its GSTIN is 19AAECS7924G1Z2 (West Bengal).
The company had an authorised share capital of ₹7.52 Cr and a paid-up capital of ₹7.5 Cr. It was led by directors including Ankit Khemani and Sohan Lal Jalan.
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 Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.99 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹10.65 Cr (net margin 88.9%) and EBITDA of ₹11.8 Cr (EBITDA margin 98.4%). Revenue has declined at a compounded annual rate (CAGR) of 106% over three years and 16% over five years.
As per MCA filings, the company had open charges of ₹90 Cr and satisfied charges of ₹18 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Company details
CIN history
Shashi Commercial Co has one previous CIN (Corporate Identification Number): L65921WB1978PLC031789. The current CIN is U65921WB1978PLC031789, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921WB1978PLC031789 | Current |
| L65921WB1978PLC031789 | Previous |
Contact details
Shashi Commercial Co Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRoom No.303 3rd Floor Gate No.2, Poddar Court 18 Rabindra Sarani, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Shashi Commercial Co Ltd, 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 Shashi Commercial Co is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Shashi Commercial Co Ltd, buy the company report.
Financials of Shashi Commercial Co Ltd
FY 2024 filings availableShashi Commercial Co Ltd reported revenue of ₹11.99 Cr (up 31% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 31% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 16%. EBITDA rose 34% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹11.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.65 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98.4% | ||||
| Net Profit Margin | 88.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Shashi Commercial Co Ltd, buy the company report.
Board of directors of Shashi Commercial Co Ltd
Shashi Commercial Co has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Khemani Also directs: Clearfield Consulting LLP, Akj Apparels Private Limited, Giltedged Industrial Securitied Ltd and 5 more | Director | 30 Sep 2021 | 5 Years 1 Months | As last reported |
| Sohan Lal Jalan Also directs: KLG Orchards & Resorts Pvt Ltd, Siddheswari Coal Trading Private Limited, Excell Coal Distributors Private Limited and 5 more | Director | 11 Aug 1992 | 34 Years 3 Months | As last reported |
| Rajeev Goel | Director | 05 Dec 2022 | 3 Years 11 Months | As last reported |
Peer comparison
Shashi Commercial Co Ltd is compared with the 4 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kottai Benefit Fund Nidhi Limited | ₹12.12 Cr (FY 2024) | 3.0% | Pattukkottai, Tamil Nadu, India | |||
| Shashi Commercial Co Ltdthis company | ₹11.99 Cr (FY 2024) | ₹10.65 Cr | 88.9% | 31.0% | Kolkata, West Bengal, India | |
| Prima Financial Services Ltd | ₹11.99 Cr (FY 2025) | 114.0% | Ahmedabad, Gujarat, India | |||
| Denevo Merchants Private Limited | ₹11.98 Cr (FY 2024) | 139.0% | Kolkata, West Bengal, India | |||
| Royalcorporate Consultancy Services Private Limited | ₹11.98 Cr (FY 2025) | 34.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Shashi Commercial Co Ltd, buy the company report.
Auditor
Shashi Commercial Co Ltd is audited by JAINSARAWGEE & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAINSARAWGEE & CO. | FY 2022 | 306087E |
Shareholding
The shareholding of Shashi Commercial Co Ltd 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 Shashi Commercial Co Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jun 2021 | 100459280 | Others | ₹18 Cr | Satisfied |
To see the full charge records of Shashi Commercial Co Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
Shashi Commercial Co Ltd has 1 court case on record: 1 filed by Shashi Commercial Co. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Shashi Commercial Co Ltd, 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 Shashi Commercial Co Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shashi Commercial Co has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECS7924G1Z2 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shashi Commercial Co Ltd, buy the company report.
Recent activity
Shashi Commercial Co Ltd has 10 board changes on record since 1992: 3 appointments and 7 cessations. The latest: Rajeev Goel ceased to be Additional Director on 29 Sep 2023.
3 earlier events are in the company report.
Frequently asked questions
Shashi Commercial Co 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.
Shashi Commercial Co was a public limited company based in Kolkata, West Bengal, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 30 November 1978 and is registered under CIN U65921WB1978PLC031789. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Shashi Commercial Co was incorporated on 30 November 1978. It is registered with the Registrar of Companies, Kolkata.
Shashi Commercial Co had 3 directors:
- Ankit Khemani - Director
- Sohan Lal Jalan - Director
- Rajeev Goel - Director
The CIN (Corporate Identification Number) of Shashi Commercial Co is U65921WB1978PLC031789. 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 Shashi Commercial Co is at Room No.303 3rd Floor Gate No.2, Poddar Court 18 Rabindra Sarani, Kolkata, West Bengal, India – 700001.
The latest financial statements of Shashi Commercial Co 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 Shashi Commercial Co is 19AAECS7924G1Z2, registered in West Bengal.
Shashi Commercial Co operated in the financial services industry, in the diversified financial services segment.
The peers of Shashi Commercial Co by revenue are Kottai Benefit Fund Nidhi Limited, Prima Financial Services Ltd, Denevo Merchants Private Limited, Royalcorporate Consultancy Services Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Shashi Commercial Co has 1 court case on record: 1 filed by the company.
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