About Shingar Limited
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Shingar Limited is a public limited company based in Daman, Daman And Diu, India. It operates in the cosmetics and makeup products segment of the FMCG sector. It was incorporated on 24 May 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U01122DD1994PLC001596. Its GSTIN is 26AABCS4563J1Z6 (Daman & Diu). The company holds 15 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹8.41 Cr. It is led by directors including Hemant Bhikubhai Topiwala (Managing Director) and Vishwajeet Nalinkant Mehta.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gala No. 08 Mahavir Industrial Estate Somnath, Daman, Daman and Diu, India – 396210.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.58 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹2.87 Cr (net margin -14.7%) and EBITDA of ₹2.6 Cr (EBITDA margin 13.3%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 12% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shingar. As per MCA filings, the company has open charges of ₹63.98 Cr on record. Court records list 31 cases involving the company, including 13 filed by the company and 18 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shingarlimited.com.
Company details
Contact details
Shingar Limited's registered office is in Daman, Daman And Diu. Its website is shingarlimited.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGala No. 08 Mahavir Industrial Estate Somnath, Daman, Daman and Diu, India – 396210
- IndustryFMCG, Cosmetics & Makeup Products
To see the full contact details of Shingar 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
Brands
Shingar operates one associated brand: Shingar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and distributes traditional and modern cosmetics through renowned brands. | shingarlimited.com |
Business activity
The main business activities of Shingar are manufacturing and trade. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Shingar Limited, buy the company report.
Financials of Shingar Limited
FY 2024 filings availableShingar Limited reported revenue of ₹19.58 Cr (down 31% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 31% fall in the latest year. EBITDA fell 17% 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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| EBITDA | ₹2.6 Cr | ||||
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| Net Profit (PAT) | -₹2.87 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 13.3% | ||||
| Net Profit Margin | -14.7% | ||||
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To see the full financial statements and ratios of Shingar Limited, buy the company report.
Board of directors of Shingar Limited
Shingar 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 |
|---|---|---|---|---|
| Vishwajeet Nalinkant Mehta | Director | 18 Apr 2019 | 7 Years 6 Months | Current |
| Hemant Bhikubhai Topiwala Also directs: Premier Cosmetics Limited, Shingar Cosmetics Private Limited | Managing Director | 01 Aug 2006 | 20 Years 2 Months | Current |
| Amit Arunkumar Shah | Director | 18 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Shingar Limited is audited by THAKUR PATEL & GORYAWALA for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THAKUR PATEL & GORYAWALA | FY 2022 | 114636W |
Shareholding
The shareholding of Shingar Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shingar Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2016 | 100074144 | Indian Overseas Bank | ₹26 Cr | Open | |
| 29 Jun 2012 | 10363121 | Indian Overseas Bank | ₹2.75 Cr | Open | |
| 04 Jun 2002 | 90075780 | State Bank of Indore | ₹60 Lakh | Open | |
| 25 Oct 2000 | 90075761 | Gujarat State Financial Corporation | ₹1.2 Cr | Open | |
| 18 May 1999 | 90075745 | Indian Overseas Bank | ₹29.28 Cr | Open |
To see the full charge records of Shingar Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Shingar Limited has 31 court cases on record: 13 filed by Shingar, 18 filed against it. 2 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 6 | 0 |
| District courts | 15 | 12 | 2 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Neogrowth Credit Pvt. Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by Bajaj Finance Ltd | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against M/S Vigirom Chem Pvt Ltd | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against M/S Vigirom Chem Pvt Ltd | Disposed |
| Bombay High Court | Court case (SS) | Filed against the company by Sicom Limited | Disposed |
To see the full case history of Shingar Limited, 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
Shingar Limited has 4 MSME Form 1 returns on record between 2019 and 2021, listing 28 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Yash Rotoprint Private Limited | |||
| Imperial Pet Containers | |||
| R-Tech Products & Packaging (India) Private Limited | |||
| Somnath Plastics | |||
| Khushi Tools & Chemicals |
To see the full MSME payment records of Shingar Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Shingar Limited has a workforce of 9 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Shingar has 15 GST registrations: 9 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AABCS4563J1Z6 | Daman & Diu | Active | 01 Aug 2020 |
| 19AABCS4563J1Z1 | West Bengal | Active | 01 Jul 2017 |
| 24AABCS4563J1ZA | Gujarat | Active | 01 Jul 2017 |
| 32AABCS4563J1ZD | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shingar Limited, buy the company report.
Recent activity
Shingar Limited has 9 board changes on record since 2006: 3 appointments and 6 cessations. The latest: Bhikubhai Dahyabhai Topiwala ceased to be Director on 16 Nov 2019.
9 earlier events are in the company report.
Frequently asked questions
Shingar is an active public limited company based in Daman, Daman And Diu, India. The company works in cosmetics and makeup products, within the FMCG industry. It was incorporated on 24 May 1994 (32+ years old) and is registered under CIN U01122DD1994PLC001596.
Shingar has 3 current directors:
- Hemant Bhikubhai Topiwala - Managing Director
- Vishwajeet Nalinkant Mehta - Director
- Amit Arunkumar Shah - Director
The latest financial statements of Shingar on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Shingar is 26AABCS4563J1Z6, registered in Daman & Diu. The company has 15 GST registrations in all, of which 9 are active and 6 are cancelled or inactive. Other active GSTINs include 19AABCS4563J1Z1 (West Bengal), 24AABCS4563J1ZA (Gujarat), 32AABCS4563J1ZD (Kerala).
The CIN (Corporate Identification Number) of Shingar is U01122DD1994PLC001596. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shingar has 31 court cases on record: 13 filed by the company and 18 filed against it. 2 are pending. Most are in the high courts.
Shingar was incorporated on 24 May 1994, making it 32+ years old. It is registered with the Registrar of Companies, Goa.
Bhikubhai Dahyabhai Topiwala ceased to be Director on 16 Nov 2019. Amit Arunkumar Shah ceased to be Additional Director on 30 Sep 2019. Vishwajeet Nalinkant Mehta ceased to be Additional Director on 30 Sep 2019. Shingar has 9 board changes on record in total.
Shingar has 4 MSME Form 1 returns on record between 2019 and 2021, listing 28 overdue payments to 9 micro and small suppliers. The latest return was filed on 13 May 2021.
Shingar can be reached through the website shingarlimited.com. Its registered office is in Daman, Daman And Diu, India.
The registered office of Shingar is at Gala No. 08 Mahavir Industrial Estate Somnath, Daman, Daman and Diu, India – 396210.