Shanker Coils Pvt Ltd

Motor repair industry providing field, armature, stator, and rotor coils, as well as repair services for various clients.

1989 | Kolkata, West Bengal (India) | Active
Last Updated:

Shanker Coils Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.00 M
  • Company Age 36 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.92 Cr
  • Satisfied Charges ₹ 36.29 Cr
  • Revenue Growth 23.75%
  • Profit Growth -15.74%
  • Ebitda 15.27%
  • Net Worth 6.63%
  • Total Assets 7.27%

About Shanker Coils

Shanker Coils Pvt Ltd (SCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 January 1989 and has a history of 36 years and two months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Engineering 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 1.00 Cr and a paid-up capital of Rs 6.00 M.

The company currently has active open charges totaling ₹20.92 Cr. The company has closed loans amounting to ₹36.29 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nirmal Bagaria, Nalin Bagaria, Nikunj Bagaria, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31901WB1989PTC045981

  • Company No.

    045981

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jan 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Engineering
Machinery and Equipment

Who are the key members and board of directors at Shanker Coils?

Board Members (4)

NameDesignationAppointment DateStatus
Nirmal Bagaria Country flag representing In Director 13-Jan-1989Current
Nalin Bagaria Country flag representing In Director Current
Nikunj Bagaria Country flag representing In Director 12-Jun-2006Current
Chandra Bagaria Country flag representing In Director 04-Apr-2003Current

Financial Performance of Shanker Coils.

Shanker Coils Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 23.75% increase. The company also saw a substantial fall in profitability, with a 15.74% decrease in profit. The company's net worth moved up by a moderate rise of 6.63%.

Shanker Coils revenue growth over time
Shanker Coils 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
23.75%
Revenue from Operations
23.78%
Total Assets
7.27%
Profit or Loss
-15.74%
Net Worth
6.63%
EBITDA
15.27%

What is the Ownership and Shareholding Structure of Shanker Coils?

In 2023, Shanker Coils had a promoter holding of 74.17% and a public holding of 25.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.92 Cr

Satisfied Charges

₹36.29 Cr

Charges Breakdown by Lending Institutions

  • Others : 20.03 Cr
  • Sidbi : 0.89 Cr

Latest Charge Details

DateLenderAmountStatus
19 Sep 2023Others₹1.44 MOpen
08 Sep 2023Others₹0.83 MOpen
08 Sep 2023Others₹0.83 MOpen
07 Sep 2023Others₹0.98 MOpen
13 Apr 2023Others₹1.50 MOpen

How Many Employees Work at Shanker Coils?

Shanker Coils has a workforce of 109 employees as of Mar 31, 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.

Employee growth trends for Shanker Coils Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shanker Coils, 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 Shanker Coils'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 Shanker Coils

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 19.47 Cr registered on 21 Sep 2022 with Charge ID 100625179 was modified on 23 Nov 2023.

  • Annual General Meeting

    Shanker Coils Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge registered on 27 May 2019 via Charge ID 100273966 with Standard Chartered Bank was fully satisfied on 21 Sep 2023.

  • Charges

    A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100795404 was registered on 19 Sep 2023.

  • Charges

    A charge with Others amounted to Rs. 0.08 Cr with Charge ID 100795445 was registered on 08 Sep 2023.

  • Charges

    A charge with Others amounted to Rs. 0.08 Cr with Charge ID 100795479 was registered on 08 Sep 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Shanker Coils Pvt Ltd?

    Shanker Coils Pvt Ltd was incorporated on 13 Jan 1989.

  • What is authorized share capital and paid-up capital of Shanker Coils Pvt Ltd?

    The authorized share capital of Shanker Coils Pvt Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 6.00 M.

  • Who are the current board members & directors of Shanker Coils Pvt Ltd?

    Currently 4 directors are associated with Shanker Coils Pvt Ltd.

    • Nirmal Kumar Bagaria
    • Nalin Bagaria
    • Nikunj Bagaria
    • Chandra Mohan Bagaria
  • What is the registered address of Shanker Coils Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shanker Coils Pvt Ltd is 184 Harish Mukherjee Road 2 Nd Floor, Kolkata, West Bengal, India, 700026.

  • What is the corporate identification number (CIN) and company number of Shanker Coils Pvt Ltd?

    The corporate identification number (CIN) of Shanker Coils Pvt Ltd is U31901WB1989PTC045981 and the company number is 045981 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Shanker Coils Pvt Ltd?

    The Official website of Shanker Coils Pvt Ltd is https://www.shankercoils.in

  • What has been the recent revenue trend for Shanker Coils Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Shanker Coils Pvt Ltd has risen by 23.75%.

  • How many employees does Shanker Coils Pvt Ltd currently have?

    As Per 2023 financial reports, 109 employees are currently employed by Shanker Coils Pvt Ltd.

  • What change has been observed in the net worth of Shanker Coils Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Shanker Coils Pvt Ltd has experienced an upsurge of 6.63%.

  • What are the total open charges for Shanker Coils Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Shanker Coils Pvt Ltd amount to ₹ 20.92 Cr.

  • When was the last Balance Sheet of Shanker Coils Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Shanker Coils Pvt Ltd was filed with the ROC on 31 Mar 2023.

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