Offerings / Regulation CF / Shankar Distillers Inc.
Shankar Distillers Inc.
Regulation Crowdfunding offering on StartEngine · Form C filed February 2, 2026 · Troy, Michigan
SAFEEarly revenueCorporation, Delaware
Business summary pending extraction from the offering statement. The company is a corporation organized in Delaware on September 24, 2025, based in Troy, MI, with 30 employees and $750,955 of revenue in its most recent fiscal year.
Offering terms
- Security
- Simple Agreement for Future Equity
- Maximum
- $1,235,000.00
- Price
- Not stated per unit
- Pricing method
- N/A
- Deadline
- May 4, 2026
- Oversubscriptions
- Accepted
- Intermediary
- StartEngine Primary, LLC
Broker-dealer, SEC file 008-70060 - Intermediary fee
- 7 - 13 percent
- Intermediary equity
- One percent (1%) of securities of the total amount of investments raised in the offering, along the same terms as investors.
Financials as filed
| Item | Most recent FY | Prior FY |
|---|---|---|
| Revenue | $750,955 | $515,702 |
| Cost of goods sold | $600,731 | $351,819 |
| Net income (loss) | -$2,681,297 | -$1,487,769 |
| Total assets | $8,530,343 | $7,853,554 |
| Cash and equivalents | $291,827 | $276,271 |
| Accounts receivable | $136,994 | $209,202 |
| Short-term debt | $1,486,423 | $1,475,437 |
| Long-term debt | $11,252,011 | $8,096,927 |
| Taxes paid | $0 | $0 |
Two fiscal years as reported on the Form C cover sheet. 30 employees. Offered in 52 states.