Shangar Decor Limited - Due diligence report

A 360° intelligence report on Shangar: trust score, financial health, credit view, compliance, directors, growth and distress signals - gene…

1995-11-16 Ahmedabad, Gujarat Active Listed Active Compliant
Share
SD Shangar Decor Limited
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
₹700 ₹449 Save ₹251 excl. GST
Or from ₹279/report with credits View credit packages
Company Credits – Starter
  • One credit unlocks this full due-diligence report
  • Use across any company’s report, anytime
  • Credits valid for 12 months
× ₹700 ₹279 = ₹2,790 60% off
Choose your own credit amount View credit packages

Shangar — 360° Intelligence Report

Generated from MCA filings & public records
62/100
Trust Score
Moderate

Shangar is assessed as Moderate with a Trust Score of 62/100. Shangar is an active public limited indian non-government company incorporated in 1995, operating in the Events and Entertainment sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and low financial risk profile.

Report generated on 19 Jul 2026 from the latest processed filings. Shangar Decor Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Caution

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
62/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
28/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
90/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
35/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
95/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 55/100 Moderate
  • Liabilities ≈ 38% EBITDA - stretched.
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 3 open (1.60 cr) · 1 satisfied (25.00 Lakh).

Banking relationships (from registered charges)
LenderChargesAmount
Axis Bank Limited1 48.0 cr
Cooperative Bank Of Ahmedabad1 48.0 cr
United Co-Op Bank Ltd.2 48.0 cr
Compliance Score: 28/100 Caution Indicated
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • Flagged by authority: BSE.
  • Litigation present in 3 court forum(s).
  • 1 auditor resignation(s) filed - latest: NIRAL PARIKH & ASSOCIATES on 2019-06-15.
  • 1 active GST registration(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 35/100
NameDIN / PANDesignationAppointedTenureDIN status
SHAGUN RATHI 01234567 Director 01/04/2018 6 yrs Approved
Shubhangi Chourasia 01234567 Director 01/04/2018 6 yrs Approved
AANAL MILANKUMAR SATYAWADI 01234567 Director 01/04/2018 6 yrs Approved
MOULIN SAMIR SHAH 01234567 Director 01/04/2018 6 yrs Approved
SAUMIL SHRENIKBHAI SHAH 01234567 Director 01/04/2018 6 yrs Approved
SAMIRBHAI RASIKLAL SHAH 01234567 Director 01/04/2018 6 yrs Approved
BHAVINKUMAR ARVINDKUMAR PATEL 01234567 Director 01/04/2018 6 yrs Approved
SAUMIL SHRENIKBHAI SHAH 01234567 Director 01/04/2018 6 yrs Approved
Moulin Samir Shah 01234567 Director 01/04/2018 6 yrs Approved
Jalpa Moulin Shah 01234567 Director 01/04/2018 6 yrs Approved
  • 10 directors on the board.
  • MOULIN SAMIR SHAH has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • 5 director exits in 3 years - high churn.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
-

Promoters hold a minority stake - exact percentages are part of the full report.

Key managerial personnel: MOULIN SAMIR SHAH (CEO) · SAUMIL SHRENIKBHAI SHAH (CFO) · SAMIRBHAI RASIKLAL SHAH (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 95 · Distress 80
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
Latest year revenue grew 2.1x.
Profit expanded 24% year-on-year.
Net margin improved to 0.86.
Operating for 30+ years.
Active GST registration(s).
Distress signals & risk flags
4 director exits within 2 years.
Compliance score is weak (28/100).
3 open charge(s) registered - assets are encumbered.
1 auditor resignation(s) on record - review the stated reasons.
3 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence54/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment59/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 3 open charge(s) of 1.60 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view85/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 4 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
01 Oct 2025
Director appointed
Moulin Samir Shah (Ceo)
03 Sep 2025
Director appointed
MOULIN SAMIR SHAH (CEO)
Director appointed
Jalpa Moulin Shah (Additional Director)
21 Jul 2025
Director appointed
SHAGUN RATHI (Company Secretary)
30 Sep 2024
Last AGM held
Annual general meeting
29 Sep 2024
Director ceased
AANAL MILANKUMAR SATYAWADI
Director ceased
BHAVINKUMAR ARVINDKUMAR PATEL
05 Sep 2024
Director appointed
Shubhangi Chourasia (Company Secretary)
03 Sep 2024
Director appointed
AANAL MILANKUMAR SATYAWADI (Director)
Director appointed
BHAVINKUMAR ARVINDKUMAR PATEL (Director)
Director ceased
CHINU KALAL
Director ceased
MANISH SHRICHAND BACHANI
31 Mar 2024
Latest balance sheet
Filed with ROC
21 Dec 2023
Director ceased
PRASANNA NARENDRA PANDYA
04 May 2021
Director ceased
Hirvita Rohan Soni
10

Key Observations

Auto-generated from the data above
Revenue grew 61% over the last 4 financial year(s).
Net profit margin moved from 38% to 1.42.
Debt-to-equity stands at 2.1x - leverage worth monitoring.
Net worth is positive.
10 active director(s) / partner(s); review board churn before relying on management continuity.
1 active GST registration(s) indicate ongoing business operations.
Promoters hold a minority stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Tarot Insights U93090RJ2020PLC069579 Jaipur, Rajasthan, India
Oriental Integrated Security Services Private Limited U74999MH2020PTC352453 Mumbai, Maharashtra, India
Vlcc Online Services U93000HR2016PTC058548 Gurgaon, Haryana, India
Kothari Safe Deposits Limited U65921TN1936PLC001424 Tamilnadu, Tamil Nadu, India
Casa Momentaa Private Limited U47990PN2015PTC156443 Pune, Maharashtra, India
Day Night Facility Management Private Limited U93000DL2018PTC335134 Delhi, Delhi, India
A2Zonrent U74999PN2016PTC157937 Pune, Maharashtra, India
Kalyanamalai Private Limited U74995TN2020PTC135438 Chennai, Tamil Nadu, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Shangar before audits and certifications: compliance score 28/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Shangar: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 95/100, margin trends, ownership structure and peer set for Shangar - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 62/100, distress signals and MSME payment-delay disclosures - know whether Shangar pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Shangar - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Shangar an active company?

Shangar has MCA status “Active” with a compliance score of 28/100 (Caution Indicated).

Is Shangar financially healthy?

Shangar has a Financial Health Score of 90/100 (Low Risk) based on its filed financial statements.

Should I do business with Shangar?

Its overall Trust Score is 62/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Shangar?

Promoters hold a minority stake - exact percentages are in the full report. 10 active director(s) are on record.

Does Shangar have loans or charges against its assets?

3 open charge(s) are registered against its assets, and 1 earlier charge(s) stand satisfied.

Is Shangar up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 28/100 (Caution Indicated).

Is it risky to lend to Shangar?

Its Credit Risk Score is 55/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.