Shashwat Financial Management Private Limited
About Shashwat Financial Management Private Limited
Data last updated:
Shashwat Financial Management Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the retail trade segment of the home appliances and consumer durables sector. It was incorporated on 11 September 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U52100MH2012PTC235557. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Kaushal Bhadrakant Jhaveri and Vrajesh Manojkumar Kothari.
Its last annual general meeting (AGM) was held on 06 July 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 1903 Emerald Vasant Oasis Makwana Road Marol Andheri (East), Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2017, the company reported a revenue of ₹11.13 Lakh. For the same year it recorded a net profit of ₹16,519 (net margin 1.5%) and EBITDA of -₹3.2 Lakh (EBITDA margin -28.7%).
Company details
CIN history
Shashwat Financial Management has one previous CIN (Corporate Identification Number): U65923MH2012PTC235557. The current CIN is U52100MH2012PTC235557, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100MH2012PTC235557 | Current |
| U65923MH2012PTC235557 | Previous |
Contact details
Shashwat Financial Management Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1903 Emerald Vasant Oasis Makwana Road Marol Andheri (East), Mumbai, Maharashtra, India – 400059
- IndustryHome Appliances, Retailers, Non Specialized Stores
To see the full contact details of Shashwat Financial Management 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 Shashwat Financial Management Private Limited
FY 2020 filings availableShashwat Financial Management Private Limited reported revenue of ₹11.13 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹11.13 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹3.2 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹16,519 | ||
| 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 | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -28.7% | ||
| Net Profit Margin | 1.5% | ||
| 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 Shashwat Financial Management Private Limited, buy the company report.
Board of directors of Shashwat Financial Management Private Limited
Shashwat Financial Management has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaushal Bhadrakant Jhaveri Also directs: Green Optima Infra LLP, Alphaite Developer Private Limited, Leascret Private Limited and 1 more | Director | 01 Mar 2018 | 8 Years 8 Months | As last reported |
| Vrajesh Manojkumar Kothari Also directs: Nitya Infraprojects LLP, Nitya Abs Infraprojects LLP, Soar High Infracon LLP and 5 more | Director | 02 Apr 2018 | 8 Years 7 Months | As last reported |
Auditor
Shashwat Financial Management Private Limited is audited by SAMEER DOSHI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAMEER DOSHI & CO | FY 2017 | 107890 |
Shareholding
The shareholding of Shashwat Financial Management 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 Shashwat Financial Management Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shashwat Financial Management 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 Shashwat Financial Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shashwat Financial Management 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 Shashwat Financial Management Private Limited, buy the company report.
Recent activity
Shashwat Financial Management Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Kaushal Bhadrakant Jhaveri ceased to be Additional Director on 10 Sep 2018.
Frequently asked questions
Shashwat Financial Management has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Shashwat Financial Management was a private limited company based in Mumbai, Maharashtra, India. The company worked in retailers, within the home appliances industry. It was incorporated on 11 September 2012 and is registered under CIN U52100MH2012PTC235557. The company has been struck off by the Registrar of Companies and is no longer operational.
Shashwat Financial Management had 2 directors:
- Kaushal Bhadrakant Jhaveri - Director
- Vrajesh Manojkumar Kothari - Director
The CIN (Corporate Identification Number) of Shashwat Financial Management is U52100MH2012PTC235557. 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 Shashwat Financial Management is at 1903 Emerald Vasant Oasis Makwana Road Marol Andheri East, Mumbai, Maharashtra, India – 400059.
Shashwat Financial Management was incorporated on 11 September 2012. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Shashwat Financial Management on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 06 July 2020. Year-wise statements from 2015 are in the company report.
No. Shashwat Financial Management has 1 GST registration on record and it is cancelled or inactive.
Shashwat Financial Management operated in the home appliances industry, in the retailers segment. It worked in this industry before it was struck off.
Kaushal Bhadrakant Jhaveri ceased to be Additional Director on 10 Sep 2018. Vrajesh Manojkumar Kothari ceased to be Additional Director on 10 Sep 2018. Manojkumar Revalal Kothari ceased to be Director on 02 Apr 2018. Shashwat Financial Management has 6 board changes on record in total.
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