KYC is one time exercise with a SEBI registered intermediary while dealing in securities markets (Broker/ DP/ Mutual Fund etc.). | No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.   |   Prevent unauthorized transactions in your account – Update your mobile numbers / email ids with your stock brokers. Receive information of your transactions directly from exchange on your mobile / email at the EOD | Filing Complaint on SCORES - QUICK & EASY a) Register on SCORES b) Mandatory details for filing complaints on SCORE - Name, PAN, Email, Address and Mob. no. c) Benefits - speedy redressal & Effective communication   |   BSE Prices delayed by 5 minutes... << Prices as on Jul 10, 2025 >>  ABB India 5886.5  [ -0.22% ]  ACC 1999.75  [ 0.46% ]  Ambuja Cements 585.15  [ -0.95% ]  Asian Paints Ltd. 2450.8  [ -1.92% ]  Axis Bank Ltd. 1164.5  [ -0.02% ]  Bajaj Auto 8275.45  [ -0.99% ]  Bank of Baroda 238.8  [ -1.00% ]  Bharti Airtel 1965.1  [ -2.62% ]  Bharat Heavy Ele 261.25  [ -0.29% ]  Bharat Petroleum 350.7  [ 0.59% ]  Britannia Ind. 5884.45  [ 0.02% ]  Cipla 1478.25  [ -0.91% ]  Coal India 384.1  [ -0.89% ]  Colgate Palm. 2411.05  [ -1.09% ]  Dabur India 522.35  [ 0.04% ]  DLF Ltd. 829.8  [ 0.01% ]  Dr. Reddy's Labs 1259.2  [ -0.82% ]  GAIL (India) 185.7  [ 0.35% ]  Grasim Inds. 2775  [ -0.86% ]  HCL Technologies 1663.35  [ -0.64% ]  HDFC Bank 2002.05  [ -0.43% ]  Hero MotoCorp 4320.4  [ -0.33% ]  Hindustan Unilever L 2408  [ -0.60% ]  Hindalco Indus. 676.5  [ 0.43% ]  ICICI Bank 1424.5  [ -0.52% ]  Indian Hotels Co 743  [ -0.94% ]  IndusInd Bank 852.65  [ 1.41% ]  Infosys L 1616.75  [ -1.05% ]  ITC Ltd. 416.9  [ -0.58% ]  Jindal St & Pwr 942.75  [ -0.25% ]  Kotak Mahindra Bank 2218.9  [ -0.42% ]  L&T 3574  [ -0.11% ]  Lupin Ltd. 1899.85  [ -0.70% ]  Mahi. & Mahi 3161.75  [ -0.48% ]  Maruti Suzuki India 12638.6  [ 1.36% ]  MTNL 49.07  [ -0.89% ]  Nestle India 2401  [ -1.07% ]  NIIT Ltd. 127.7  [ -0.23% ]  NMDC Ltd. 68.62  [ 1.08% ]  NTPC 341.6  [ -0.64% ]  ONGC 243  [ -0.14% ]  Punj. NationlBak 109.7  [ -1.17% ]  Power Grid Corpo 299  [ -0.20% ]  Reliance Inds. 1517.2  [ -0.12% ]  SBI 808  [ -0.35% ]  Vedanta 438.95  [ -0.42% ]  Shipping Corpn. 224  [ -0.38% ]  Sun Pharma. 1663.7  [ -0.21% ]  Tata Chemicals 924.2  [ 0.16% ]  Tata Consumer Produc 1086  [ -1.04% ]  Tata Motors 695.5  [ 0.38% ]  Tata Steel 160.65  [ 1.04% ]  Tata Power Co. 399.8  [ -0.16% ]  Tata Consultancy 3382.3  [ -0.06% ]  Tech Mahindra 1600.15  [ -0.93% ]  UltraTech Cement 12480  [ -0.67% ]  United Spirits 1384  [ 0.96% ]  Wipro 265.1  [ -0.97% ]  Zee Entertainment En 141.9  [ 0.14% ]  

Company Information

Indian Indices

  • Loading....

Global Indices

  • Loading....

Forex

  • Loading....

SHANTAI INDUSTRIES LTD.

10 July 2025 | 12:00

Industry >> Textiles - Spinning - Synthetic Blended

Select Another Company

ISIN No INE408F01024 BSE Code / NSE Code 512297 / SHANTAI Book Value (Rs.) 9.97 Face Value 2.00
Bookclosure 09/05/2025 52Week High 17 EPS 0.41 P/E 34.52
Market Cap. 10.58 Cr. 52Week Low 7 P/BV / Div Yield (%) 1.41 / 0.47 Market Lot 1.00
Security Type Other

NOTES TO ACCOUNTS

You can view the entire text of Notes to accounts of the company for the latest year
Year End :2024-03 

(m) Provisions. Contingent Liabilities and Contingent Assets

A provision arising out of a present obligation, as a result of past event, is recognised only when it is probable that an
outflow of resources will be required to settle the obligation and the amount can be reasonably estimated.

Wherever, there is a possible obligation that may but probably will not require an outflow of resources, the same is
disclsoed by way of contingent liability.

The Company claims to have no Contingent liability and hence, it is not provided for in the books of accounts. Contingent
assets are not recognised in the financial statements.

(n) Operating Cycle

Based on the nature of activities of the company and the normal time between acquisition of assets and their realisation in
cash or cash equivalents, the company has determined its operating cycle as a 12 months for the purpose of classification
of assets and liabilities as a current and non-current.

(o) Previous Year's Figures

Previous year's figures have been regrouped/reclassified wherever necessary to correspond with the current year's
classification/disclosure.

(q) Additional Regulatory Information:

(i) The company does not have any immovable property.

(ii) The Company has not revalued any of its Property, Plant and Equipments.

(iii) Company has not given any Loans or Advances in the nature of loans to its promoters, directors, key managerial
personnel and related parties.

(iv) CWIP Ageing Schedule

In absence of any Capital Work In Progress such details are not applicable.

(v) There is no intangible asset under development as at the year-end.

(vi) No proceedings have been initiated or pending against the company for holding any benami property under the
Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and the rules made thereunder.

(vii) The Company is not declared wilful defaulter by any bank or financial institution or other lender.

(viii) The Company does not have any transactions with companies struck off u/s. 248 of the Companies Act, 2013 or u/s.
560 of the Companies Act, 1956.

(ix) No charges or satisfaction is pending to be registered with Registrar of Companies beyond the statutory period.

(x) The company does not have any subsidiary and hence, there is no violation with regard to the number of layers
prescribed u/s. 2(87) of the Act r.w. Companies (Restriction on number of Layers) Rules, 2017.

(2) Return on Equity Ratio

During the year, the losses incurred by the company have been decreased significantly as compared to
previous year and hence, there is a variation in the Return on Equity Ratio.

(3) Trade Receivables turnover ratio

During the year, the turnover and trade receivable of the company has increased significantly and thus,
there is a variation in the Trade Receivable Turnover Ratio in the current year as compared to the earlier
year.

(4) Trade payables turnover ratio

During the year, the purchase of the company has decreased Significantly and hence, there is a variation
in the Trade Payable Turnover Ratio.

(5) Net capital turnover ratio

During the year, the turnover of the company has increased significantly thus, there is a variation in the
Net Capital Turnover Ratio.

(6) Net profit ratio

During the year, the company has incurred a loss.

(7) Return on Capital employed

During the year, the loss incurred by the company has been decreased substantially as compared to
previous year thus, there is a variation in the Return on Capital Employed Ratio.

( ) No Scheme of Arrangements has been approved by the Competent Authority in terms of sections 230 to 237 of the

(r) Companies Act, 2013.

(s) Utilisation of Borrowed funds, share premium or any other source or kind of fund:

(A) Company has not advanced or loaned or invested any funds to any person(s) or entity(ies) including foreign entities
(Intermediaries) with the understanding that the Intermediary shall -

(i) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoevr by or on
behalf of the company (Ultimate beneficieries) or

(ii) provide any guarantee, security or the like to or on behalf of the Untimate Beneficiaries.

(B) Company has not received any funds from any person(s) or entity(ies) including foreign entities (Funding Party) with
the understanding that the company shall -

(i) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoevr by or on
behalf of the Funding Party (Ultimate beneficieries) or

(ii) provide any guarantee, security or the like to or on behalf of the Untimate Beneficiaries.

As per our report of even date

For & on behalf of the Board For D S I & Co

Shantai Industries Ltd. Chartered Accountants

ICAI FRN : 127226W

SD/- SD/- SD/- SD/- SD/-

Harish Sawlani Vasudev Sawlani Shailesh Damor Komal Agarwal Eric Kapadia

Chairman & MD WTD CFO Company Secretary Partner

DIN : 00831848 DIN : °°83183° Membership No. 136712

UDIN : 24136712BKEZXA1163

Place : Surat Place : Surat

Date : 28-05-2024 Date : 28-05-2024