Shaan Finance Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 22-06-2024
- Paid Up Capital ₹ 1.00 Cr
as on 22-06-2024
- Company Age 42 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.50 Cr
as on 22-06-2024
- Satisfied Charges ₹ 35.50 Cr
as on 22-06-2024
- Revenue -25.76%
(FY 2022)
- Profit -308.79%
(FY 2022)
- Ebitda -382.91%
(FY 2022)
- Net Worth -25.22%
(FY 2022)
- Total Assets -25.29%
(FY 2022)
About Shaan Finance
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹2.50 Cr. The company has closed loans amounting to ₹35.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jyothi Chenraj, Birendra Kumar, and Mahaveer Solanki serve as directors at the Company.
- CIN/LLPIN
U65921KA1982PLC004713
- Company No.
004713
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
08 Apr 1982
- Date of AGM
31 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Shaan Finance?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jyothi Chenraj  | Additional Director | 22-Apr-2024 | Current |
| Birendra Kumar | Additional Director | 22-Apr-2024 | Current |
| Mahaveer Solanki | Additional Director | 22-Apr-2024 | Current |
Financial Performance of Shaan Finance.
Shaan Finance Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 25.76% decrease. The company also saw a substantial fall in profitability, with a 308.79% decrease in profit. The company's net worth observed a substantial decline by a decrease of 25.22%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Shaan Finance?
In 2021, Shaan Finance had a promoter holding of 79.30% and a public holding of 20.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 03 Aug 2017 | ₹2.50 Cr | Open |
Others Creation Date: 11 Mar 2019 | ₹5.00 M | Satisfied |
Others Creation Date: 12 Dec 2018 | ₹2.50 M | Satisfied |
How Many Employees Work at Shaan Finance?
Shaan Finance has a workforce of 3 employees as of Mar 27, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Shaan Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shaan Finance's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
