Shangar Decor Limited

Provides event management services including decor, catering, and lighting for various clients.

1995 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 24, 2024

Shangar Decor Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.12 Cr
  • Company Age 29 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.60 Cr
  • Satisfied Charges ₹ 2.50 M
  • Revenue Growth 55.95%
  • Profit Growth 289.96%
  • Ebitda 35.26%
  • Net Worth 3.15%
  • Total Assets 12.32%

About Shangar Decor

Shangar Decor Limited (SDL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 November 1995 and has a history of 29 years and two months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540259.

The Company is engaged in the Events And Entertainment 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 7.00 Cr and a paid-up capital of Rs 6.12 Cr.

The company currently has active open charges totaling ₹1.60 Cr. The company has closed loans amounting to ₹2.50 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shangar Decor Limited India are Saumil Shah as CFO and Shubhangi Chourasia as Company Secretary. Samirbhai Shah, Saumil Shah, Bhavinkumar Patel, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L36998GJ1995PLC028139

  • Company No.

    028139

  • Stock Symbol

    BSE : 540259

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Nov 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Events and Entertainment

What products or services does Shangar Decor Limited offer?

Shangar Decor Limited offers a wide range of products and services, including Decoration Service, Religious Decoration, Event Organizers, Event Decoration, Event Planners & Organizers, Wedding-Event Management Service, Wedding Planners, Theme Wedding Service.

Who are the key members and board of directors at Shangar Decor?

Executive Team (3)

NameDesignationAppointment DateStatus
Samirbhai Shah Country flag representing In Managing Director25-Nov-1995Current
Saumil Shah Country flag representing In CFO15-Jun-2019Current
Shubhangi Chourasia Company Secretary05-Sep-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Saumil Shah Country flag representing In Director and Cfo 01-Nov-2006Current
Bhavinkumar Patel Country flag representing In Additional Director 05-Sep-2024Current
Aanal Satyawadi Country flag representing In Additional Director 05-Sep-2024Current
Moulin Shah Country flag representing In Director 22-Aug-2020Current

Financial Performance of Shangar Decor.

Shangar Decor Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.95% increase. The company also saw a substantial improvement in profitability, with a 289.96% increase in profit. The company's net worth moved up by a moderate rise of 3.15%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
55.95%
Revenue from Operations
55.84%
Total Assets
12.32%
Profit or Loss
289.96%
Net Worth
3.15%
EBITDA
35.26%

What is the Ownership and Shareholding Structure of Shangar Decor?

In 2021, Shangar Decor had a promoter holding of 57.96% and a public holding of 42.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.60 Cr

Satisfied Charges

₹0.25 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.50 Cr
  • United Co-Op Bank Ltd. : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
27 Mar 2014Axis Bank Limited₹1.50 CrOpen
24 Feb 1998United Co-Op Bank Ltd.₹0.50 MOpen
24 Feb 1998United Co-Op Bank Ltd.₹0.50 MOpen
22 Jun 1999Cooperative Bank Of Ahmedabad₹2.50 MSatisfied

How Many Employees Work at Shangar Decor?

Unlock and access historical data on people associated with Shangar Decor, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shangar Decor, 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 Shangar Decor's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Shangar Decor

Recent activity within the organization

  • Director Appointment

    Bhavinkumar Arvindkumar Patel was appointed as a Additional Director was appointed as a Additional Director on 05 Sep 2024 & has been associated with this company since 4 months 27 days .

    05 Sep 2024

  • Director Appointment

    Aanal Milankumar Satyawadi was appointed as a Additional Director was appointed as a Additional Director on 05 Sep 2024 & has been associated with this company since 4 months 27 days .

    05 Sep 2024

  • Director Appointment

    Shubhangi Chourasia was appointed as a Company Secretary was appointed as a Company Secretary on 05 Sep 2024 & has been associated with this company since 4 months 27 days .

    05 Sep 2024

  • Annual General Meeting

    Shangar Decor Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Shangar Decor Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 22 Jun 1999 via Charge ID 90109983 with Cooperative Bank Of Ahmedabad was fully satisfied on 24 Feb 2015.

    24 Feb 2015

Frequently asked questions

  • Shangar Decor Limited was incorporated on 16 Nov 1995.

  • The authorized share capital of Shangar Decor Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.12 Cr.

  • Currently 7 directors are associated with Shangar Decor Limited.

    • Samirbhai Rasiklal Shah
    • Saumil Shrenikbhai Shah
    • Bhavinkumar Arvindkumar Patel
    • Aanal Milankumar Satyawadi
    • Moulin Samir Shah
    • Saumil Shrenikbhai Shah
    • Shubhangi Chourasia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shangar Decor Limited is 4 Sharad Flats Opp-Dharnidhartemple India, Ahmedabad, Gujarat, 380007.

  • The corporate identification number (CIN) of Shangar Decor Limited is L36998GJ1995PLC028139 and the company number is 028139 as per Ministry of Corporate Affairs (MCA).

  • Yes, Shangar Decor Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Shangar Decor Limited is https://www.shangardecor.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shangar Decor Limited has risen by 55.95%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shangar Decor Limited has experienced an upsurge of 3.15%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shangar Decor Limited amount to ₹ 1.60 Cr.

  • The most recent Balance Sheet for Shangar Decor Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Event Planning & Management