Shubh Shanti Services Ltd
About Shubh Shanti Services Ltd
Data last updated:
Shubh Shanti Services Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 01 January 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L74140WB1982PLC034422. Its GSTIN is 19AAGCS9381R1Z6 (West Bengal). It is a listed company as per MCA records.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.11 Cr. It is led by directors including Sumit Jhunjhunwala and Dilip Prahladka.
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 31 Netaji Subhas Road, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2019, the company reported a revenue of ₹16,788, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹10.45 Cr and EBITDA of -₹10.37 Cr. Revenue has declined at a compounded annual rate (CAGR) of 83% over three years.
As per MCA filings, the company has open charges of ₹40 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 3 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Shubh Shanti Services has one previous CIN (Corporate Identification Number): U74140WB1982PLC034422. The current CIN is L74140WB1982PLC034422, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74140WB1982PLC034422 | Current |
| U74140WB1982PLC034422 | Previous |
Contact details
Shubh Shanti Services Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address31 Netaji Subhas Road, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Shubh Shanti Services Ltd, 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 Shubh Shanti Services is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Shubh Shanti Services Ltd, buy the company report.
Financials of Shubh Shanti Services Ltd
FY 2019 filings availableShubh Shanti Services Ltd reported revenue of ₹16,788 (down 96% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 83% over three years, including a 96% fall 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 | -₹10.37 Cr | ||||
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| Net Profit (PAT) | -₹10.45 Cr | ||||
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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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To see the full financial statements and ratios of Shubh Shanti Services Ltd, buy the company report.
Board of directors of Shubh Shanti Services Ltd
Shubh Shanti Services has 5 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilip Prahladka Also directs: I S G Traders Limited | Additional Director | 12 Nov 2016 | 9 Years 11 Months | Current |
| Nidhi Murarka Also directs: I S G Traders Limited | Additional Director | 12 Nov 2016 | 9 Years 11 Months | Current |
| Sumit Jhunjhunwala Also directs: Gujarat Carbon and Industries Ltd, I S G Traders Limited, BPS Trades Pvt Ltd and 1 more | Director | 18 Jul 2008 | 18 Years 3 Months | Current |
| Venkatarama Santhanam Also directs: Duncans Tea House Pvt. Ltd., Zeal Engineering Equipments Tradeco Private Limited, Duncans Agro Chemicals Limited and 5 more | Additional Director | 29 Jun 2012 | 14 Years 4 Months | Current |
| Prem Kumar Bafana Also directs: Continuous Forms (Calcutta) Ltd | Additional Director | 12 Oct 2012 | 14 Years 0 Months | Current |
Auditor
Shubh Shanti Services Ltd is audited by GANDHI ARUN & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANDHI ARUN & CO. | FY 2017 | 322534E |
Shareholding
The shareholding of Shubh Shanti Services Ltd 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 Shubh Shanti Services Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2004 | 90252638 | Icici Bank Limited | ₹40 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Shubh Shanti Services Ltd has 6 court cases on record: 4 filed by Shubh Shanti Services, 2 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 2 |
| District courts | 2 | 1 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by an individual | Pending |
| Bombay High Court | Court case (CONP) | Filed against the company by an individual | Pending |
| Bombay High Court | Court case (APEAL) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against an individual | Disposed |
| Supreme Court | Court case (1418-Criminal Matters : Others) | Filed by the company against an individual | Disposed |
To see the full case history of Shubh Shanti Services Ltd, 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
No delayed payments to MSME suppliers are on our record for Shubh Shanti Services Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shubh Shanti Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAGCS9381R1Z6 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shubh Shanti Services Ltd, buy the company report.
Recent activity
Shubh Shanti Services Ltd has 26 board changes on record since 2002: 15 appointments and 11 cessations. The latest: Prem Kumar Bafana ceased to be Additional Director on 03 Sep 2020.
18 earlier events are in the company report.
Frequently asked questions
Shubh Shanti Services is an active public limited company based in Kolkata, West Bengal, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 01 January 1982 (44+ years old) and is registered under CIN L74140WB1982PLC034422.
Shubh Shanti Services has 5 current directors:
- Dilip Prahladka - Additional Director
- Nidhi Murarka - Additional Director
- Sumit Jhunjhunwala - Director
- Venkatarama Santhanam - Additional Director
- Prem Kumar Bafana - Additional Director
The latest financial statements of Shubh Shanti Services 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 Shubh Shanti Services is 19AAGCS9381R1Z6, registered in West Bengal.
The CIN (Corporate Identification Number) of Shubh Shanti Services is L74140WB1982PLC034422. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Shubh Shanti Services is a listed company as per MCA records.
Shubh Shanti Services has 6 court cases on record: 4 filed by the company and 2 filed against it. 3 are pending. Most are in the high courts.
Shubh Shanti Services was incorporated on 01 January 1982, making it 44+ years old. It is registered with the Registrar of Companies, Kolkata.
Prem Kumar Bafana ceased to be Additional Director on 03 Sep 2020. Dilip Prahladka was appointed as Additional Director on 12 Nov 2016. Nidhi Murarka was appointed as Additional Director on 12 Nov 2016. Shubh Shanti Services has 26 board changes on record in total.
The registered office of Shubh Shanti Services is at 31 Netaji Subhas Road, Kolkata, West Bengal, India – 700001.
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