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Shantai Exim Ltd.

Last Updated on ' Sun Aug 09 00:00:00 IST 2020 '
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Description
Manufacturing of Textile, leather and other apparel products.
Sector
Electronic Manufacturing
Sub Sector
Textiles
Company Type
Unlisted
Type
Manufacturing
Employees
-
Register Address
NO.3 & 4, KANAIYA BLDG, 250-B LINKING ROAD, BANDRA, MUMBAI Mumbai City MH 400050 IN
Website
http://www.shantaiindustrieslimited.com/aboutus.php
Key Products/Services
Manufacturing of Textile, leather and other apparel products.
Key Resources/Assets
Incorporated in 2004, Shantai Exim Limited (SEL) manufactures and exports children’s wear and women’s wear like sarees and dress materials. The company procures greige fabric from Surat and gets the fabric processed by third parties on job work basis. The activities outsourced on job work include dyeing, printing, embroidery, pleating, crushing, stamping, foiling, coding, taping and flocking. Stitching, garmenting, hand-work and final packaging of the products are done at the company’s facility in Surat. At times, SEL also buys finished fabrics and gets them processed further. The company has its registered office and manufacturing facility in Surat(Gujarat).
Stressed Asset Details Expand All 
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No claim amount
Stressed Asset Related Documents
No Document found
Financial Information Documents
No Document found
Year Revenue (in INR Crores) Net Income (in INR Crores) Liabilities (in INR Crores) Fixed & Current Assets (in INR Crores) Current Ratio Quick Ratio RoE RoA EBITDA Margin PAT Margin
2016 61.78 mn 0.42 mn 39.45 mn 0.39 mn 1.29 1.17 140000.0 10000.0 2.15 0.69
2017 55.36 mn 0.26 mn 54.34 mn 0.31 mn 1.39 1.28 90000.0 0.0 3.38 0.46
2018 13.61 mn - 27.68 mn 0.25 mn 2.07 1.86 - 0.0 15.73 -
Stressed Assets Timeline Mon Jan 14 00:00:00 IST 2019
Defined Date Without Date

Commencement of CIRP

Mon Jan 14 00:00:00 IST 2019Mon Jan 14 00:00:00 IST 2019
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Public Announcement by Resolution Professional

Mon Feb 04 00:00:00 IST 2019Mon Feb 04 00:00:00 IST 2019
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Claim submission

Sun Feb 17 00:00:00 IST 2019Sun Feb 17 00:00:00 IST 2019
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Invitation for Expression of Interest

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Submission of Expression of Interest

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Submission of Resolution Plan

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Committee of Creditors Approval

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Submission of Resolution Plan to NCLT

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Approval of Resolution Plan by NCLT

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