- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-13-0001223

About Shaifali Rolls Limited
Data last updated:
Shaifali Rolls Limited is a public limited company based in Gandhidham, Gujarat, India, a subsidiary of Fitcast Chemicals Private Limited. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 02 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27310GJ2004PLC044403. Its GSTIN is 24AAICS5538E1ZD (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹23 Cr and a paid-up capital of ₹23 Cr. It is led by directors including Shruti Antoorkar (Managing Director) and Bhalchandra Andhrutkar (Whole-Time Director).
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 Survey No. 160 On Adipur Tuna Road Village Tuna Taluka – Anjar District – Gandhidham, Gujarat, India – 370205.
As per the financials filed for FY 2025, the company reported a revenue of ₹62.06 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.37 Cr (net margin 2.2%) and EBITDA of ₹5.4 Cr (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 13% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹201.85 Cr on record. Court records list 66 cases involving the company, including 13 filed by the company and 53 filed against it; 5 cases are pending.
Shaifali Rolls Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-13-0001223). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fitcast.co.in.
Company details
Recognitions & Rankings of Shaifali Rolls
Contact details
Shaifali Rolls Limited's registered office is in Gandhidham, Gujarat. Its website is fitcast.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 160 On Adipur Tuna Road Village Tuna Taluka – Anjar District – Gandhidham, Gujarat, India – 370205
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Shaifali Rolls Limited, buy the company report.
- 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
Business activity
The main business activity of Shaifali Rolls 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 Shaifali Rolls Limited, buy the company report.
Financials of Shaifali Rolls Limited
FY 2025 filings availableShaifali Rolls Limited reported revenue of ₹62.06 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 3% growth in the latest year. EBITDA rose 44% 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 |
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| EBITDA | ₹5.4 Cr | ||||
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| Net Profit (PAT) | ₹1.37 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.7% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Shaifali Rolls Limited, buy the company report.
Board of directors and KMP of Shaifali Rolls Limited
Shaifali Rolls Limited currently reports 7 directors and 1 key managerial person. 13 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhalchandra Andhrutkar | Whole-Time Director | 28 Nov 2019 | 6 Years 11 Months | Current |
| Shruti Antoorkar | Managing Director | 18 Feb 2020 | 6 Years 8 Months | Current |
| Udit Chetankumar Champaneria | Whole-Time Director | 18 Feb 2020 | 6 Years 8 Months | Current |
| Chetan Champaneria | Director | 28 Nov 2019 | 6 Years 11 Months | Current |
| Ashish Prakash Tripathi Also directs: Harihar Enterprise LLP, Patel Chem Specialities Limited, Cropbasket Agro Innovations Limited and 1 more | Director | 05 Oct 2021 | 5 Years 0 Months | Current |
| Mehul Bhishmakumar Diwanji Also directs: Suraksha Strategic Solutions Private Limited | Cfo | 18 Mar 2020 | 6 Years 7 Months | Current |
Peer comparison
Shaifali Rolls Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Allied Iron Products Private Limited | ₹63.19 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Bhuwalka Castings and Forging Private Limited | ₹63.03 Cr (FY 2025) | -26.0% | Bangalore, Karnataka, India | |||
| Shaifali Steels Limited | ₹62.12 Cr (FY 2025) | -13.0% | Gandhinagar, Gujarat, India | |||
| Shaifali Rolls Limitedthis company | ₹62.06 Cr (FY 2025) | ₹1.37 Cr | 2.2% | 3.0% | 9 | Gandhidham, Gujarat, India |
| Nibber Castings Private Limited | ₹61.68 Cr (FY 2018) | 15.0% | Mohali, Punjab, India | |||
| Arihant Technocast India Private Limited | ₹61.19 Cr (FY 2025) | 41.0% | Coimbatore, Tamil Nadu, India | |||
| Loco Castings Private Limited | ₹60.55 Cr (FY 2025) | 11638.0% | Andal, West Bengal, India | |||
| Shree Nilkanth Alloys Private Limited | ₹60.49 Cr (FY 2025) | -5.0% | Bavla, Gujarat, India | |||
| Mars Associates Private Limited | ₹60.31 Cr (FY 2025) | 40.0% | Delhi, India |
To see the full peer comparison of Shaifali Rolls Limited, buy the company report.
Auditor
Shaifali Rolls Limited is audited by D A RUPAWALA AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D A RUPAWALA AND ASSOCIATES | FY 2022 | 108902W |
Shareholding
The shareholding of Shaifali Rolls Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shaifali Rolls Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 2024 | 100936104 | Others | ₹9.9 Cr | Open | |
| 13 Oct 2023 | 100795976 | Hdfc Bank Limited | ₹5.71 Lakh | Open | |
| 06 Jun 2006 | 10004763 | State Bank of India | ₹4.68 Lakh | Open | |
| 02 Aug 2007 | 10090248 | Others | ₹104.85 Cr | Satisfied | |
| 09 Jun 2007 | 10059545 | Others | ₹4 Cr | Satisfied |
To see the full charge records of Shaifali Rolls Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Shaifali Rolls Limited has 66 court cases on record: 13 filed by Shaifali Rolls, 53 filed against it. 5 cases are pending and 61 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 38 | 3 |
| High courts | 26 | 13 | 1 |
| Supreme Court | 2 | 2 | 1 |
Cases on record (5 of 66)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by HDFC Bank Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Court case (SMST S) | Filed against the company by M/S Transformers and Rectifiers India Ltd. | Pending |
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by Paschim Gujarat Vij Company Ltd. Through Superintending Engineer Corporate Office at Nana Mava Main Road, Laxmi Pura , District: Rajkot ,Rajkot , Gujarat and 1 other | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Lalwani Industries Ltd. Rep by Ratan Mundhra | Pending |
| High Court, GUJARAT | Court case (COMP) | Filed by the company against Ratnesh Metal Industries Private Limited | Disposed |
To see the full case history of Shaifali Rolls Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Shaifali Rolls Limited has 6 MSME Form 1 returns on record between 2020 and 2022, listing 176 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Shaifali Rolls Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Shaifali Rolls has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Shaifali Rolls Limited has a workforce of 9 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Shaifali Rolls has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICS5538E1ZD | Gujarat | Active | 01 Jul 2017 |
| 24AAICS5538E1DM | Gujarat | Active | 28 Oct 2024 |
To see the full GST registrations and return filing status of Shaifali Rolls Limited, buy the company report.
Recent activity
Shaifali Rolls Limited has 34 board changes on record since 2004: 21 appointments and 13 cessations. The latest: Dhawal Lalit Jani was appointed as Director on 01 Aug 2024.
41 earlier events are in the company report.
Frequently asked questions
Shaifali Rolls is an active public limited company based in Gandhidham, Gujarat, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 02 July 2004 (22+ years old) and is registered under CIN U27310GJ2004PLC044403.
Shaifali Rolls has 8 current directors and KMP:
- Shruti Antoorkar - Managing Director
- Bhalchandra Andhrutkar - Whole-Time Director
- Udit Chetankumar Champaneria - Whole-Time Director
- Chetan Champaneria - Director
- Ashish Prakash Tripathi - Director
- Dhawal Lalit Jani - Director
- Shyam Bhaskar Kulkarni - Director
- Mehul Bhishmakumar Diwanji - Cfo
The latest financial statements of Shaifali Rolls 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 2015 are in the company report.
The GSTIN of Shaifali Rolls is 24AAICS5538E1ZD, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAICS5538E1DM (Gujarat).
The CIN (Corporate Identification Number) of Shaifali Rolls is U27310GJ2004PLC044403. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shaifali Rolls has 66 court cases on record: 13 filed by the company and 53 filed against it. 5 are pending. Most are in the district courts.
Shaifali Rolls was incorporated on 02 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shaifali Rolls by revenue are Allied Iron Products Private Limited, Bhuwalka Castings and Forging Private Limited, Shaifali Steels Limited, Nibber Castings Private Limited, Arihant Technocast India Private Limited and 3 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Dhawal Lalit Jani was appointed as Director on 01 Aug 2024. Shyam Bhaskar Kulkarni was appointed as Director on 01 Jul 2022. Ashish Prakash Tripathi was appointed as Director on 05 Oct 2021. Shaifali Rolls has 34 board changes on record in total.
Yes, Shaifali Rolls is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-13-0001223).
Shaifali Rolls has 6 MSME Form 1 returns on record between 2020 and 2022, listing 176 overdue payments to 3 micro and small suppliers. The latest return was filed on 26 Apr 2022.
Shaifali Rolls can be reached through the website fitcast.co.in. Its registered office is in Gandhidham, Gujarat, India.

