Shashikiran Granites Private Limited
About Shashikiran Granites Private Limited
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Shashikiran Granites Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 01 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U14200KA2014PTC075619. Its GSTIN is 36AAUCS8018F1ZX (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.17 Cr. It is led by directors including Venkatesh Tangadagi and Ravi Sangappa Tangadagi.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No.34 1st Block 5th Cross Kumara Park West, Bangalore, Karnataka, India – 560020.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.78 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹85.78 Lakh (net margin -12.6%) and EBITDA of ₹1.81 Cr (EBITDA margin 26.7%).
As per MCA filings, the company has open charges of ₹1.42 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Shashikiran Granites Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.34 1st Block 5th Cross Kumara Park West, Bangalore, Karnataka, India – 560020
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Shashikiran Granites 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 Shashikiran Granites is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
To see the full business activity and turnover split of Shashikiran Granites Private Limited, buy the company report.
Financials of Shashikiran Granites Private Limited
FY 2019 filings availableShashikiran Granites Private Limited reported revenue of ₹6.78 Cr (down 34% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 34% in the latest year. EBITDA fell 19% 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 | ₹1.81 Cr | ||||
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| Net Profit (PAT) | -₹85.78 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 | 26.7% | ||||
| Net Profit Margin | -12.6% | ||||
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To see the full financial statements and ratios of Shashikiran Granites Private Limited, buy the company report.
Board of directors of Shashikiran Granites Private Limited
Shashikiran Granites has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesh Tangadagi | Director | 01 Aug 2014 | 12 Years 3 Months | Current |
| Rekha Tangadagi | Additional Director | 20 Aug 2020 | 6 Years 2 Months | Current |
| Ravi Sangappa Tangadagi | Director | 05 Dec 2016 | 9 Years 10 Months | Current |
| Nagaraj Sangappa Tangadagi | Director | 01 Aug 2014 | 12 Years 3 Months | Current |
| Chandru Sangappa Tangadagi | Director | 05 Dec 2016 | 9 Years 10 Months | Current |
Peer comparison
Shashikiran Granites Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Mining), with the same principal business activity (other mining & quarrying activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Span Minerals Private Limited | ₹6.92 Cr (FY 2025) | 15.0% | Mumbai, Maharashtra, India | |||
| Evershine Marbles Pvt Ltd | ₹6.89 Cr (FY 2024) | 14.0% | Jaipur, Rajasthan, India | |||
| Shashikiran Granites Private Limitedthis company | ₹6.78 Cr (FY 2019) | -₹85.78 Lakh | -12.6% | -34.0% | Bangalore, Karnataka, India | |
| V K Rocks Private Limited | ₹6.74 Cr (FY 2021) | 24.0% | Kottarakkara, Kerala, India | |||
| Bhagavath Granites Private Limited | ₹6.72 Cr (FY 2024) | 75.0% | Palakkad, Kerala, India |
To see the full peer comparison of Shashikiran Granites Private Limited, buy the company report.
Auditor
Shashikiran Granites Private Limited is audited by G R S M & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G R S M & ASSOCIATES | FY 2016 | 000863S |
Shareholding
The shareholding of Shashikiran Granites Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shashikiran Granites Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jun 2017 | 100111768 | Hdfc Bank Limited | ₹1.42 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Shashikiran Granites 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 Shashikiran Granites Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shashikiran Granites has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAUCS8018F1ZX | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shashikiran Granites Private Limited, buy the company report.
Recent activity
Shashikiran Granites Private Limited has 5 board changes on record since 2014: 5 appointments. The latest: Rekha Tangadagi was appointed as Additional Director on 20 Aug 2020.
Frequently asked questions
Shashikiran Granites is an active private limited company based in Bangalore, Karnataka, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 01 August 2014 (12+ years old) and is registered under CIN U14200KA2014PTC075619.
Shashikiran Granites has 5 current directors:
- Venkatesh Tangadagi - Director
- Rekha Tangadagi - Additional Director
- Ravi Sangappa Tangadagi - Director
- Nagaraj Sangappa Tangadagi - Director
- Chandru Sangappa Tangadagi - Director
The latest financial statements of Shashikiran Granites on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Shashikiran Granites is 36AAUCS8018F1ZX, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Shashikiran Granites is U14200KA2014PTC075619. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shashikiran Granites was incorporated on 01 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shashikiran Granites by revenue are Span Minerals Private Limited, Evershine Marbles Pvt Ltd, V K Rocks Private Limited, Bhagavath Granites Private Limited, all in the Metals and Minerals industry (Mining), with the same principal business activity (other mining & quarrying activities).
Rekha Tangadagi was appointed as Additional Director on 20 Aug 2020. Chandru Sangappa Tangadagi was appointed as Director on 05 Dec 2016. Ravi Sangappa Tangadagi was appointed as Director on 05 Dec 2016. Shashikiran Granites has 5 board changes on record in total.
The registered office of Shashikiran Granites is at No.34 1st Block 5th Cross Kumara Park West, Bangalore, Karnataka, India – 560020.
Shashikiran Granites operates in the metals and minerals industry, in the mining and mineral extraction segment.
Shashikiran Granites has open charges of ₹1.42 Cr and no satisfied charges on record as per latest MCA filings.
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