Shrenik Limited - Due diligence report

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

2012-12-20 Ahmadabad City, Gujarat Active Listed Active Compliant
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SL Shrenik Limited
Full Due-Diligence Report + Documents
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  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
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Shrenik — 360° Intelligence Report

Generated from MCA filings & public records
77/100
Trust Score
Low Risk

Shrenik is assessed as Low Risk with a Trust Score of 77/100. Shrenik is an active public limited indian non-government company incorporated in 2012, operating in the Trading sector. Reported revenue has declined across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and low financial risk profile.

Report generated on 22 Jul 2026 from the latest processed filings. Shrenik Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Neutral

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 ScoreLow Risk
77/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
50/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
80/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
40/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
65/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
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: 40/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 38%).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.
  • Externally credit-rated (D).

Charges position: 4 open (214.04 cr) · 11 satisfied (141.08 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others8 48.0 cr
Kotak Mahindra Bank Limited1 48.0 cr
Icici Bank Limited1 48.0 cr
Tata Capital Financial Services Limited1 48.0 cr
Icici Bank Ltd1 48.0 cr
Axis Bank Limited1 48.0 cr
Compliance Score: 50/100 Moderate
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • Litigation present in 4 court forum(s).
  • 2 auditor resignation(s) filed - latest: Singhi & Co. on 2021-08-13.
  • Delayed payments to MSME suppliers disclosed (2 disclosure(s)).
  • 1 active GST registration(s).
Legal cases on record (4)
05

Director Intelligence

Stability score: 90/100
NameDIN / PANDesignationAppointedTenureDIN status
RISHIT SHRENIK VIMAWALA 01234567 Director 01/04/2018 6 yrs Approved
SHRENIK SUDHIR VIMAWALA 01234567 Director 01/04/2018 6 yrs Approved
JALPIKA DHRUVKUMAR JOSHI 01234567 Director 01/04/2018 6 yrs Approved
VIRENDRA VASANTLAL SURTI 01234567 Director 01/04/2018 6 yrs Approved
DEVARSH MUKTESH SHAH 01234567 Director 01/04/2018 6 yrs Approved
Nirav Harshvadan Zaveri 01234567 Director 01/04/2018 6 yrs Approved
VIREN SHANTIKAM SHAH 01234567 Director 01/04/2018 6 yrs Approved
KAIVAN SHRENIK VIMAWALA 01234567 Director 01/04/2018 6 yrs Approved
  • 8 directors on the board.
  • No disqualified or deactivated DINs.
  • 2 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2021)
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
5 allotment(s) · 2 transfer(s)

Promoters hold the largest single block of equity - exact percentages are part of the full report.

Key managerial personnel: RISHIT SHRENIK VIMAWALA (Whole-time director) · SHRENIK SUDHIR VIMAWALA (Managing Director) · VIRENDRA VASANTLAL SURTI (CFO) · KAIVAN SHRENIK VIMAWALA (Whole-time director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 65 · Distress 90
Growth signals & trust indicators
Latest year revenue grew 1.42.
Profit expanded 2.1x year-on-year.
Net margin improved to 24%.
Operating for 13+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Compliance score is weak (50/100).
4 open charge(s) registered - assets are encumbered.
2 auditor resignation(s) on record - review the stated reasons.
MSME payment delays disclosed - latest outstanding 1.28 cr.
4 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence70/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment54/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 4 open charge(s) of 214.04 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view73/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
01 Jul 2025
Director appointed
VIREN SHANTIKAM SHAH (Additional Director)
22 Jan 2025
Director ceased
DIPEN ASHIT DALAL
30 Sep 2024
Last AGM held
Annual general meeting
06 May 2024
Director ceased
Nirav Harshvadan Zaveri
08 Apr 2024
Charge satisfied
Tata Capital Financial Services Limited
31 Mar 2024
Latest balance sheet
Filed with ROC
10 Feb 2024
Director appointed
Nirav Harshvadan Zaveri (Director)
29 Sep 2022
Director ceased
KEVIN MAHESHKUMAR SHAH
18 Jul 2022
Director ceased
MONIK JAYESH DOSHI
19 Nov 2021
Charge satisfied
Axis Bank Limited
23 Sep 2021
Director ceased
JALPIKA DHRUVKUMAR JOSHI
Director ceased
KAIVAN SHRENIK VIMAWALA
31 May 2021
Director appointed
JALPIKA DHRUVKUMAR JOSHI (Director)
Director ceased
MANALI PARTH SHAH
12 Feb 2021
Director appointed
KAIVAN SHRENIK VIMAWALA (Whole-time director)
10

Key Observations

Auto-generated from the data above
Revenue declined 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Debt-to-equity stands at 1.42 - leverage worth monitoring.
Net worth is positive.
8 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of D from Brickwork.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold the largest single block of equity as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 5 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Supermax Metal Private Limited U27310DL2007PTC158146 New Delhi, Delhi, India
Shree Salasar Balaji Jewellers Private Limited U28990PB2009PTC032920 Amritsar, Punjab, India
Perma Papers Private Limited U74899DL1995PTC072250 New Delhi, Delhi, India
R J B Shipping And Logistics Private Limited U63000AP2013PTC091305 Visakhapatnam, Andhra Pradesh, India
Chime Polymers Private Limited U51392TN2006PTC059896 Chennai, Tamil Nadu, India
J.Lal Foods U51220GJ2013PTC075590 Unjha, Gujarat, India
Lexmark International U32006WB2001PTC137862 Kolkata, West Bengal, India
Nightangle Vanijya Private Limited U51909WB2008PTC124338 Barasat - I, West Bengal, India
12

Who Uses This Report

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

Verify Shrenik before audits and certifications: compliance score 50/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Shrenik: 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 40/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 65/100, margin trends, ownership structure and peer set for Shrenik - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 77/100, distress signals and MSME payment-delay disclosures - know whether Shrenik pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (4 case(s) on record), regulatory flags, charge documents trail and director networks for Shrenik - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Shrenik an active company?

Shrenik has MCA status “Active” with a compliance score of 50/100 (Moderate).

Is Shrenik financially healthy?

Shrenik has a Financial Health Score of 80/100 (Low Risk) based on its filed financial statements.

Should I do business with Shrenik?

Its overall Trust Score is 77/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Shrenik?

Promoters hold the largest single block of equity - exact percentages are in the full report. 8 active director(s) are on record.

Does Shrenik have loans or charges against its assets?

4 open charge(s) are registered against its assets, and 11 earlier charge(s) stand satisfied.

Is Shrenik up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 50/100 (Moderate).

Is it risky to lend to Shrenik?

Its Credit Risk Score is 40/100 (Caution Indicated). 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.