Ankit Shah and Co. – Chartered Accountants, Surat

Ankit Shah and Co. is an ICAI peer-reviewed firm of Chartered Accountants practising in Surat since 2000 (Firm Regn. No. 107147). The firm is led by CA Ankit Shah, F.C.A., B.Com., DISA (ICAI), who qualified as a Chartered Accountant in 1999 — two and a half decades of documenting bank finance for Gujarat businesses.

Project finance & bank loan documentation — our specialism

We prepare complete, internally consistent bank loan files for MSMEs approaching public and private sector banks:

• Project Report / DPR with projected financials and full ratio analysis
• CMA Data (Credit Monitoring Arrangement statements)
• Bank application forms, completed and cross-checked
• Net worth statements with supporting papers
• Replies to appraisal and credit queries
• Submission coordination and follow-up through sanction

Every projection is solved to meet standard lending covenants — average DSCR of 1.20 (not below 1.00 in any year), interest coverage of 1.50 or better, current ratio of 1.00 or above, TOL/ATNW within 5.00 and Total Debt/EBITDA within 6.00 — so the file withstands scrutiny at the appraisal desk. As we put it: a proposal is only as strong as its file.

Full compliance practice

• Accounting & bookkeeping — day-to-day ledgers, periodic financial statements, finalisation of accounts, management reports
• Audit & assurance — statutory audit, tax audit under the Income-tax Act, certification work
• GST compliance — registration, monthly and quarterly returns, input-tax reconciliation, annual return
• TDS & return filing — computation, deposit, quarterly 24Q/26Q statements, Form 16 and 16A
• Income-tax returns — individuals, HUFs, firms and companies; advance-tax planning; responses to notices
• Registrations & advisory — Udyam/MSME registration, entity set-up, ongoing tax and compliance advisory

Industries we serve

Textile and embroidery units, manufacturing, trading and distribution, processing, exporters and service businesses — proprietorships, partnerships, private limited companies and startups.

Visit us

701, Krushi Bazar, APMC Building, Beside North Extension, Sahara Darwaja, Ring Road, Surat – 395 002
Monday to Saturday, 10:30 am to 7:30 pm · Phone / WhatsApp: +91 98250 56839
The firm’s website is also available in Gujarati.