Shashi Kaizen Industries Private Limited
About Shashi Kaizen Industries Private Limited
Data last updated:
Shashi Kaizen Industries Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the musical instrument segment of the musical instruments sector. It was incorporated on 21 April 2005.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U29230KA2005PTC036127. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹91 Lakh. It was led by directors Venkatesh Muniswamappa (Managing Director) and Tara Venkatesh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 08 April 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Flat No 204 Hoysala Apartmentcunningham Crescent Bangalore., Karnataka, India – 560052.
As per the financials filed for FY 2019, the company reported a revenue of ₹5.24 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹6.79 Lakh (net margin -129.4%) and EBITDA of -₹6.78 Lakh (EBITDA margin -129.4%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
As per MCA filings, the company had satisfied charges of ₹73 Lakh on record.
Company details
Contact details
Shashi Kaizen Industries Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No 204 Hoysala Apartmentcunningham Crescent Bangalore., Karnataka, India – 560052
- IndustryMusical Instruments, Musical Instrument, Sports Goods, Jewellery, Manufacturing
To see the full contact details of Shashi Kaizen Industries 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 Shashi Kaizen Industries Private Limited
FY 2019 filings availableShashi Kaizen Industries Private Limited reported revenue of ₹5.24 Lakh (down 7% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over three years, including a 7% fall in the latest year. EBITDA fell 82% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹6.78 Lakh | ||||
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| Net Profit (PAT) | -₹6.79 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -129.4% | ||||
| Net Profit Margin | -129.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Shashi Kaizen Industries Private Limited, buy the company report.
Board of directors of Shashi Kaizen Industries Private Limited
Shashi Kaizen Industries has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tara Venkatesh | Whole-Time Director | 28 Jun 2008 | 18 Years 4 Months | As last reported |
| Venkatesh Muniswamappa | Managing Director | 21 Apr 2005 | 21 Years 6 Months | As last reported |
Auditor
Shashi Kaizen Industries Private Limited is audited by UMAKANTH & SUDARSAN for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| UMAKANTH & SUDARSAN | FY 2017 | 0004452S |
Shareholding
The shareholding of Shashi Kaizen Industries Private 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 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shashi Kaizen Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 2010 | 10235049 | Karnataka State Financial Corporation | ₹25 Lakh | Satisfied | |
| 27 Aug 2008 | 10120118 | Karnataka State Financial Corporation | ₹48 Lakh | Satisfied |
To see the full charge records of Shashi Kaizen Industries Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Shashi Kaizen Industries Private 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 Shashi Kaizen Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shashi Kaizen Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Shashi Kaizen Industries Private Limited, buy the company report.
Recent activity
Shashi Kaizen Industries Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Tara Venkatesh ceased to be Additional Director on 30 Sep 2008.
Frequently asked questions
Shashi Kaizen Industries has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Shashi Kaizen Industries was a private limited company based in Bangalore, Karnataka, India. The company worked in musical instrument, within the musical instruments industry. It was incorporated on 21 April 2005 and is registered under CIN U29230KA2005PTC036127. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Shashi Kaizen Industries was incorporated on 21 April 2005. It is registered with the Registrar of Companies, Bangalore.
Shashi Kaizen Industries had 2 directors:
- Venkatesh Muniswamappa - Managing Director
- Tara Venkatesh - Whole-Time Director
The CIN (Corporate Identification Number) of Shashi Kaizen Industries is U29230KA2005PTC036127. 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 Kaizen Industries is at Flat No 204 Hoysala Apartmentcunningham Crescent Bangalore., Karnataka, India – 560052.
The latest financial statements of Shashi Kaizen Industries on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 08 April 2019. Year-wise statements from 2015 are in the company report.
No. Shashi Kaizen Industries has 1 GST registration on record and it is cancelled or inactive.
Shashi Kaizen Industries operated in the musical instruments industry, in the musical instrument segment.
Tara Venkatesh ceased to be Additional Director on 30 Sep 2008. Shashidhar Venkatesh ceased to be Additional Director on 28 Jun 2008. Tara Venkatesh was appointed as Whole-Time Director on 28 Jun 2008. Shashi Kaizen Industries has 5 board changes on record in total.
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