The Financial Arena
Finance is the area where it all began.
Way back in 1979, Mr. S. T. Shah, already a senior chartered accountant of the city, realized that there were many chartered accountants to advise on audit and tax problems, but few to guide and advise the clients with financial problems, which hassle their business from time to time.
We can also help in getting loan against RBI Tax Free bond at extremely competitive price i.e.at less than 10%. Of course, the volume is to be really big i.e., minimum Rs.15 crores as loan.
We also help large distributors/dealers in consumer durable industry, selling Refrigerators, TVs, Washing Machine etc. etc. who would be in need of Working Capital facilities to finance their stocks and receivables as well as to finance their capital expenditure requirement.
We also help FMCG companies having good brand name to finance their receivables and stocks on two different arrangements i.e.,[1] principal and [2] at p to p basis.
S T Shah & Co thus decided to fill this void and step in by offering consultancy services in the areas of :
Term Loan Syndication
Working Loan Syndication
State Government Sales Tax Benefit Co-ordination
Electricity Duty Exemption Co-ordination and such other subjects which came as a hindrance - both to the established and the upcoming industrialist.
Major strengths at S T Shah & Co include in-depth study and analysis of client's requirement, so as to ensure adequate quantum of loan on competitive terms and best possible option of selecting a lender.
Our professional team consisting of Chartered Accountants, Cost Accountants, Company Secretaries, Seasoned Bankers and MBAs ensure that deadlines are met, and time bound targets achieved; keeping transparency in operations, and what we call two way credibility factor - to our client, and to the lending institution in mind; all the time.
The prima donna financial institution of the country Industrial Development Bank of India(IDBI) has approved us as Industrial Consultants for the last over 19 years.
Highlights.....
Handling single project to the tune of Rs. 150 crores.
By sheer professional guidance a client of ours gained a few crores of rupees by way of Sales Tax Benefits.
Helping one of our clients get a term loan financed towards purchase of second hand indigenous fixed assets.
A client of ours was grappling with circumstances to secure a term loan for almost 12 months - by sheer professional guidance we helped them achieve this loan within 12 days.
We helped one of our client get a term loan by mortgaging immovable properties and utilizing the same towards equity investments and purchase of other properties. In spite of the enterprise not being a manufacturing concern, we were able to get the required funds with our professional expertise.
We have on our list a few clients who have in their employment senior finance professionals - yet we are called upon to take important assignments from them.
