DPIIT recognised startup Government of India
Startup India
Harison Foamcast Private Limited - manufacturing in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.68 Cr
▲ 47% YoY
Net loss · FY 2025
₹1.9 Cr
Net margin -19.7%
EBITDA · FY 2025
₹51.7 Lakh
EBITDA margin 5.3%
Authorised capital
₹5.6 Cr
Registered with MCA
Paid-up capital
₹5.37 Cr
Issued & subscribed
Open charges
₹19.73 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Harison Foamcast Private Limited
Data last updated:
Harison Foamcast Private Limited is a private limited company based in Vadodara, Gujarat, India, recognised as a startup by DPIIT. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 10 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27100GJ2019PTC110251. Its GSTIN is 24AAFCH0690H1ZQ (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5.6 Cr and a paid-up capital of ₹5.37 Cr. It is led by directors Ashokkumar Harilal Shah and Rushabh Rajesh Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 201 Plazer Terrace 18 Vishwas Colony, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.68 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net loss of ₹1.9 Cr (net margin -19.7%) and EBITDA of ₹51.7 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years.
As per MCA filings, the company has open charges of ₹19.73 Cr on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹2 Cr; the latest was in January 2020. Its 3 peer companies in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products) are compared by revenue, 3 smaller; the largest is Asian Automation (TN) Private Limited with revenue of ₹9.61 Cr.
Harison Foamcast Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0022408). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harisonscasting.com.
Company details
CIN U27100GJ2019PTC110251
Registration Number 110251
Incorporation Date 10 October 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0022408
Recognitions & Rankings of Harison Foamcast
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0022408
Contact details
Harison Foamcast Private Limited's registered office is in Vadodara, Gujarat. Its website is harisonscasting.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address201 Plazer Terrace 18 Vishwas Colony, Vadodara, Gujarat, India – 390007
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Harison Foamcast Private Limited, buy the company report.
Comprehensive company report
Harison Foamcast Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Harison Foamcast is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Harison Foamcast Private Limited, buy the company report.
Financials of Harison Foamcast Private Limited
FY 2025 filings availableHarison Foamcast Private Limited reported revenue of ₹9.68 Cr (up 47% YoY) for FY 2025.
Revenue · FY 2025
₹9.68 Cr ▲ 47%
Net loss · FY 2025
₹1.9 Cr margin -19.7%
EBITDA · FY 2025
₹51.7 Lakh margin 5.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 51%
EBITDA CAGR growth
1 year
▼ 34%
3 years · compounded
▲ 166%
Revenue has grown at a compounded annual rate (CAGR) of 51% over three years, including 47% growth in the latest year. EBITDA fell 34% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹51.7 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.9 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.3% | ||||
| Net Profit Margin | -19.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Harison Foamcast Private Limited, buy the company report.
Board of directors of Harison Foamcast Private Limited
Harison Foamcast has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashokkumar Harilal Shah | Director | 10 Oct 2019 | 7 Years 0 Months | Current |
| Rushabh Rajesh Shah Also directs: Eventus Apparels LLP, Baroda Therm Cast Pvt Ltd | Director | 10 Oct 2019 | 7 Years 0 Months | Current |
Peer comparison
Harison Foamcast Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Harison Foamcast Private Limitedthis company | ₹9.68 Cr (FY 2025) | -₹1.9 Cr | -19.7% | 47.0% | Vadodara, Gujarat, India | |
| Asian Automation (TN) Private Limited | ₹9.61 Cr (FY 2025) | -28.0% | Mettupalayam, Tamil Nadu, India | |||
| Alcast Tech Private Limited | ₹9.57 Cr (FY 2024) | -12.0% | Sinnar, Maharashtra, India | |||
| Bhadra Castalloy Private Limited | ₹9.53 Cr (FY 2025) | -26.0% | Malleshwaram Rajaji Nagar, Karnataka, India |
To see the full peer comparison of Harison Foamcast Private Limited, buy the company report.
Auditor
Harison Foamcast Private Limited is audited by SHAH SANGHVI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH SANGHVI & CO. | FY 2023 | 109794W |
Shareholding
The shareholding of Harison Foamcast Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Harison Foamcast Private Limited, buy the company report.
Charges & borrowings
Open charges
₹19.73 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jun 2025 | 101124227 | Sidbi | ₹1.53 Cr | Open | |
| 26 Apr 2021 | 100445859 | Axis Bank Limited | ₹9.1 Cr | Open | |
| 12 Apr 2021 | 100439523 | Axis Bank Limited | ₹9.1 Cr | Open |
Total charge records: 3 View all charges
Deals & funding
Harison Foamcast Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹2 Cr; the latest was in January 2020.
Total deals
1
Funding round
1
Disclosed funding
₹2 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2020 | Funding round | ₹2 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Harison Foamcast Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Harison Foamcast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Harison Foamcast has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCH0690H1ZQ | Gujarat | Active | 31 Oct 2019 |
| 24AAFCH0690H1DZ | Gujarat | Active | 07 Dec 2024 |
To see the full GST registrations and return filing status of Harison Foamcast Private Limited, buy the company report.
Recent activity
Harison Foamcast Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Ashokkumar Harilal Shah was appointed as Director on 10 Oct 2019.
AGM
Harison Foamcast Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Sidbi amounted to Rs. 1.53 Cr with Charge ID 101124227 was registered on 23 Jun 2025.
Filing
Harison Foamcast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited amounted to Rs. 9.10 Cr with Charge ID 100445859 was registered on 26 Apr 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 9.10 Cr with Charge ID 100439523 was registered on 12 Apr 2021.
Appointed
Ashokkumar Harilal Shah was appointed as Director.
Appointed
Rushabh Rajesh Shah was appointed as Director.
Incorporation
10 Oct 2019
Harison Foamcast Private Limited was registered on 10 Oct 2019 with Roc Ahmedabad & aged 7 years 20 days as per MCA records.
Frequently asked questions
Harison Foamcast is an active private limited company based in Vadodara, Gujarat, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 10 October 2019 (7+ years old) and is registered under CIN U27100GJ2019PTC110251.
Harison Foamcast has 2 current directors:
- Ashokkumar Harilal Shah - Director
- Rushabh Rajesh Shah - Director
The latest financial statements of Harison Foamcast on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Harison Foamcast is 24AAFCH0690H1ZQ, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAFCH0690H1DZ (Gujarat).
The CIN (Corporate Identification Number) of Harison Foamcast is U27100GJ2019PTC110251. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harison Foamcast was incorporated on 10 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Harison Foamcast has 1 deal on record (1 funding round), with disclosed funding of ₹2 Cr; the latest was in January 2020.
The peers of Harison Foamcast by revenue are Asian Automation (TN) Private Limited, Alcast Tech Private Limited, Bhadra Castalloy Private Limited, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Ashokkumar Harilal Shah was appointed as Director on 10 Oct 2019. Rushabh Rajesh Shah was appointed as Director on 10 Oct 2019.
Yes, Harison Foamcast is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Harison Foamcast is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0022408).