Shaan Finance Limited
Provides financial services such as hypothecation and commercial vehicle financing to government and banks.
1982 | Bangaluru, Karnataka (India) | Active
Shaan Finance Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 42 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 38.00 Cr
- Revenue Growth -25.76%
- Profit Growth -308.79%
- Ebitda -382.91%
- Net Worth -25.22%
- Total Assets -25.29%
About Shaan Finance
Shaan Finance Limited (SFL) is a Public Limited Indian Non-Government Company incorporated in India on 08 April 1982 and has a history of 42 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company has closed loans amounting to ₹38.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Jyothi Chenraj, Mahaveer Solanki, and Birendra Kumar serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65921KA1982PLC004713
- Company No.
004713
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
08 Apr 1982
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
Shaan Finance Limited
Explore comprehensive data for Shaan Finance Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Shaan Finance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Birendra Kumar  | Managing Director | 08-Apr-2024 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jyothi Chenraj | Director | 08-Apr-2024 | Current |
| Mahaveer Solanki | Director | 08-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
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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.
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Jyothi Chenraj is a mutual person
- Gaiabyte Technologies Private Limited
Jyothi Chenraj is a mutual person
- Bit2bit Technologies Private Limited
Mahaveer Solanki is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹38.00 Cr
Charges Breakdown by Lending Institutions
- Narayan Hathwar : 28.00 Cr
- Others : 4.00 Cr
- South Indian Bank Limited : 3.00 Cr
- Narayan Hatwar : 3.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Mar 2019 | Others | ₹5.00 M | Satisfied |
| 12 Dec 2018 | Others | ₹2.50 M | Satisfied |
| 14 Aug 2018 | Others | ₹7.50 M | Satisfied |
| 03 Aug 2017 | Others | ₹2.50 Cr | Satisfied |
| 15 Apr 2011 | Narayan Hathwar | ₹10.00 Cr | 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.
Latest Updates, News, and FAQs on Shaan Finance
Recent activity within the organization
- Charges
A charge registered on 03 Aug 2017 via Charge ID 100125544 with Others was fully satisfied on 17 Oct 2024.
- Annual General Meeting
Shaan Finance Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Jyothi Chenraj was appointed as a Director was appointed as a Director on 08 Apr 2024 & has been associated with this company since 11 months 7 days .
- Director Appointment
Mahaveer Solanki was appointed as a Director was appointed as a Director on 08 Apr 2024 & has been associated with this company since 11 months 7 days .
- Director Appointment
Birendra Kumar was appointed as a Managing Director was appointed as a Managing Director on 08 Apr 2024 & has been associated with this company since 11 months 7 days .
- Balance Sheet
Shaan Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Frequently asked questions
What is the Incorporation or founding date of Shaan Finance Limited?
Shaan Finance Limited was incorporated on 08 Apr 1982.
What is authorized share capital and paid-up capital of Shaan Finance Limited?
The authorized share capital of Shaan Finance Limited is ₹ 10.00 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Shaan Finance Limited?
Currently 3 directors are associated with Shaan Finance Limited.
- Jyothi Chenraj
- Mahaveer Solanki
- Birendra Kumar
What is the registered address of Shaan Finance Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Shaan Finance Limited is Sb-One No. 260/33 9Th A Main Road, 3Rd Block India, Bangalore South, Karnataka, 560011.
What is the corporate identification number (CIN) and company number of Shaan Finance Limited?
The corporate identification number (CIN) of Shaan Finance Limited is U65921KA1982PLC004713 and the company number is 004713 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Shaan Finance Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Shaan Finance Limited has fallen by -25.76%.
How many employees does Shaan Finance Limited currently have?
As Per 2022 financial reports, 3 employees are currently employed by Shaan Finance Limited.
What change has been observed in the net worth of Shaan Finance Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Shaan Finance Limited has experienced an downturn of -25.22%.
When was the last Balance Sheet of Shaan Finance Limited filed with the ROC?
The most recent Balance Sheet for Shaan Finance Limited was filed with the ROC on 31 Mar 2024.
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