Shashwat Procon Private Limited
About Shashwat Procon Private Limited
Data last updated:
Shashwat Procon Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 10 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2011PTC065852. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Piyush Bhulabhai Patel and Ravindrabhai Manilal Patel.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 5 Shiv Ganesh Bunglows Part – II Thaltej Shilaj 100' Road Thaltej, Ahmedabad, Gujarat, India – 380059.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.07 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹391 (net margin -0.4%) and EBITDA of ₹12,615 (EBITDA margin 11.8%). Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 70% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address5 Shiv Ganesh Bunglows Part – II Thaltej Shilaj 100' Road Thaltej, Ahmedabad, Gujarat, India – 380059
- IndustryInfrastructure and Utilities, General Construction Services
- 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
- One PDF report, delivered after checkout
Auditor Details of Shashwat Procon Private Limited
Shashwat Procon Private Limited is audited by C. K. DAMANI AND ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C. K. DAMANI AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Shashwat Procon Private Limited
Shashwat Procon has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Bhulabhai Patel | Director | 15 Mar 2012 | 14 Years 6 Months | Current |
| Ravindrabhai Manilal Patel | Director | 15 Mar 2012 | 14 Years 6 Months | Current |
| Ravindrabhai Bhulabhai Patel | Director | 15 Mar 2012 | 14 Years 6 Months | Current |
| Dhaval Bhikhabhai Patel | Director | 15 Mar 2012 | 14 Years 6 Months | Current |
| Sureshkumar Keshavlal Patel Also directs: Simandhar Procon LLP, Avirat Uma Project LLP, Athene Chemicals Private Limited and 1 more | Director | 15 Mar 2012 | 14 Years 6 Months | Current |
| Priyank Amrutbhai Agola Also directs: 5R Infra LLP, Kirtan Overseas Private Limited, P3 Document Solutions Private Limited and 1 more | Director | 10 Jun 2011 | 15 Years 3 Months | Current |
Financials of Shashwat Procon Private Limited FY 2021 filings available
Shashwat Procon Private Limited reported revenue of ₹1.07 Lakh (down 98% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Shashwat Procon Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 70% over five years, including a 98% fall in the latest year. EBITDA fell 99% 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 of Shashwat Procon Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹12,615 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹391 | •••• | •••• | •••• | •••• |
| 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 of Shashwat Procon Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Shashwat Procon are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Shashwat Procon Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Shashwat Procon Private Limited
Shashwat Procon Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Shashwat Procon Private Limited
Employment history and EPFO contributions of people linked to Shashwat Procon.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Shashwat Procon Private Limited
Shashwat Procon has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Shashwat Procon Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Shashwat Procon Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Shashwat Procon Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shashwat Procon Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Shashwat Procon Private Limited
Frequently Asked Questions about Shashwat Procon Private Limited
Shashwat Procon is an active private limited company based in Ahmedabad, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 10 June 2011 (15+ years old) and is registered under CIN U45201GJ2011PTC065852.
Shashwat Procon reported revenue of ₹1.07 Lakh for FY 2021 (down 98% YoY).
Shashwat Procon has 6 current directors:
- Piyush Bhulabhai Patel - Director
- Ravindrabhai Manilal Patel - Director
- Ravindrabhai Bhulabhai Patel - Director
- Dhaval Bhikhabhai Patel - Director
- Sureshkumar Keshavlal Patel - Director
- Priyank Amrutbhai Agola - Director
Shashwat Procon reported a net loss of ₹391 (net margin -0.4%) and EBITDA of ₹12,615 (EBITDA margin 11.8%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shashwat Procon is -85% over three years and -70% over five years. In the latest year (FY 2021) revenue fell 98%. CAGR is the steady yearly rate that links the first and the last year.
No. Shashwat Procon has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Shashwat Procon is U45201GJ2011PTC065852. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shashwat Procon was incorporated on 10 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Shashwat Procon is at 5 Shiv Ganesh Bunglows Part – II Thaltej Shilaj 100 Road Thaltej, Ahmedabad, Gujarat, India – 380059.