Shah Foils

Ahmedabad, India Founded: 2001 • Age: 25 yrs
Cold rolled stainless steel coils and strips are manufactured.
Annual revenue $100.4M Latest available
Total funding $1.9M 4 rounds
Employees 325 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Shah Foils

Shah Foils is a company based in Ahmedabad (India) founded in 2001. Shah Foils has raised $1.93 million across 4 funding rounds from investors including suryakiranrollingmills.vdtrxn, Smitaexxim and Shah Kartik. The company has 325 employees as of March 28, 2024.

  • Headquarter Ahmedabad, India
  • Employees 325 as on 28 Mar, 2024
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Shah Foils Limited
  • Date of Incorporation 06 Apr, 2004
  • Jurisdiction Ahmedabad, Gujarat, India
Operational Areas
Industrial Goods & Manufacturing → Contract & Custom Manufacturing Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $100.45 M (USD)
    0
    as on Mar 31, 2023
  • Net Profit
    $2.55 M (USD)
    0
    as on Mar 31, 2023
  • EBITDA
    $5.43 M (USD)
    0
    as on Mar 31, 2023
  • Total Equity Funding
    $1.93 M (USD)

    in 4 rounds

  • Latest Funding Round
    $630.89 K (USD), Seed

    Apr 30, 2015

  • Investors
  • Employee Count
    325

    as on Mar 28, 2024

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Funding Insights of Shah Foils

Shah Foils has successfully raised a total of $1.93M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $630.89 thousand completed in April 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Shah Foils

Shah Foils has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include suryakiranrollingmills.vdtrxn, Smitaexxim and Shah Kartik.

All
Institutional
Angel
Investor Description Founded Year Domain Location
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Shah Kartik

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Investor details for Shah Foils

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Investments & Acquisitions by Shah Foils

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Investment portfolio details for Shah Foils

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Financial Statements - Shah Foils

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Detailed financials for Shah Foils

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Shah Foils Comparisons

Shah Foils Primary company
Description
Cold rolled stainless steel coils and strips are manufacture...
Location
Ahmedabad, India
Founded Year
2001
Annual Revenue
$100.45 M (USD)
Net Profit
$2.55 M (USD)
EBITDA
$5.43 M (USD)
Employees
325
As of 2024
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Peer comparison for Shah Foils

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Competitors of Shah Foils

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Detailed competitors of Shah Foils

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Latest news on Shah Foils

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Complete news archive for Shah Foils

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Frequently Asked Questions about Shah Foils

Shah Foils was founded in 2001 and raised its 1st funding round 5 years after it was founded.

Shah Foils is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Shah Foils is a funded company, having raised a total of $1.93M across 4 funding rounds to date.

As of Mar 28, 2024, the latest employee count at Shah Foils is 325.

Annual revenue of Shah Foils is $100.45M as on Mar 31, 2023.

Shah Foils was established in 2001 in Ahmedabad, India, within the manufacturing sector focused on metals. Cold rolled stainless steel coils and strips are produced as the primary output. Operations center on processing and supplying these materials to industrial clients. The company is directed by Managing Director Shah Kartik, with activities based in the Indian market.

Shah Foils has 3 investors. Key investors include suryakiranrollingmills.vdtrxn, Smitaexxim, and Shah Kartik.

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