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* - Tentative Dates
The Company proposes to utilize the net proceeds from the issue towards funding the following objects:
1. Working capital requirement;
2. General Corporate Purpose;
3. To meet Issue Expenses.
Shangar Decor Ltd's revenue increased by 34.41% and profit after tax (PAT) rose by 272.76% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 27.87 | 22.79 | 20.29 |
| Revenue | 12.99 | 9.67 | 6.20 |
| Profit After Tax | 0.75 | 0.20 | 0.05 |
| Net Worth | 7.37 | 6.62 | |
| Reserves and Surplus | 1.25 | 0.50 | 0.30 |
| Total Borrowing | 8.47 | 9.81 | 6.48 |
| Amount in ₹ Crore | |||
Shangar Decor is a decoration service provider company in India. The company specializes in providing decoration services for various events; be it pre-wedding, theme wedding, property decor, lights decor and catering, corporate events, religious events, etc.
With over 40 years of experience, the company has built a strong reputation and one of the best event planner in Ahmedabad.
