MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-06-0017710
Shellz India Limited - food and beverages in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹193.26 Cr
▲ 3% YoY
Net profit · FY 2026
₹13.11 Cr
Net margin 6.8%
EBITDA · FY 2026
₹32.1 Cr
EBITDA margin 16.6%
Authorised capital
₹13 Cr
Registered with MCA
Paid-up capital
₹8.72 Cr
Issued & subscribed
Open charges
₹109.76 Cr
Satisfied ₹94.89 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
7
Provident fund records
About Shellz India Limited
Data last updated:
Shellz India Limited is a public limited company based in New Delhi, Delhi, India. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 07 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U15490DL2012PLC235397. Its GSTIN is 07AAECT2526R1ZV (Delhi). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹8.72 Cr. It was formerly known as Shellz India Private Limited and Tifosi Foods Private Limited. It is led by directors including Kapil Garg (Managing Director) and Shalini Garg.
Its last annual general meeting (AGM) was held on 15 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Main Rohtak Road Near Shivaji Park, 39/35 2nd Floor, Punjab.
As per the financials filed for FY 2026, the company reported a revenue of ₹193.26 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹13.11 Cr (net margin 6.8%) and EBITDA of ₹32.1 Cr (EBITDA margin 16.6%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 8% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shellz. As per MCA filings, the company has open charges of ₹109.76 Cr and satisfied charges of ₹94.89 Cr on record. Court records list 229 cases involving the company, including 120 filed by the company and 109 filed against it; 65 cases are pending. The company has 7 deals on record (3 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹6.84 Cr; the latest was in February 2025. Its 6 peer companies in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 4 larger and 2 smaller; the largest is Harish Bakers and Confectioners Private Limited with revenue of ₹174.28 Cr.
Shellz India Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-06-0017710). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shellz.in.
Company details
CIN U15490DL2012PLC235397
Registration Number 235397
Incorporation Date 07 May 2012
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 September 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-06-0017710
Name history
Shellz India has undergone 4 name changes throughout its history. The current legal name is Shellz India Limited.
| Company Name | Status |
|---|---|
| Shellz India Limited | Current |
| Shellz India Private Limited | Previous |
| Tifosi Foods Private Limited | Previous |
| Shellz Private Limited | Previous |
CIN history
Shellz India has one previous CIN (Corporate Identification Number): U15490DL2012PTC235397. The current CIN is U15490DL2012PLC235397, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15490DL2012PLC235397 | Current |
| U15490DL2012PTC235397 | Previous |
Recognitions & Rankings of Shellz India
Contact details
Shellz India Limited's registered office is in New Delhi, Delhi. Its website is shellz.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address39/35 2nd Floor, Main Rohtak Road Near Shivaji Park Metro Station West Punjabi Bagh, New Delhi, Delhi, India – 110026
- IndustryFood and Beverages, Bakery & Confectionery Products
To see the full contact details of Shellz India Limited, buy the company report.
Comprehensive company report
Shellz India 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Shellz India is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Shellz India Limited, buy the company report.
Financials of Shellz India Limited
FY 2026 filings availableShellz India Limited reported revenue of ₹193.26 Cr (up 3% YoY) for FY 2026.
Revenue · FY 2026
₹193.26 Cr ▲ 3%
Net profit · FY 2026
₹13.11 Cr margin 6.8%
EBITDA · FY 2026
₹32.1 Cr margin 16.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 7%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 24%
5 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 3% growth in the latest year. EBITDA rose 30% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹193.26 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹32.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.11 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.6% | ||||
| Net Profit Margin | 6.8% | ||||
| 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 Shellz India Limited, buy the company report.
Board of directors of Shellz India Limited
Shellz India has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kapil Garg Also directs: Joystreet Hospitality LLP, Winola India Private Limited, Skyway Polymers Private Limited and 1 more | Managing Director | 15 May 2012 | 14 Years 5 Months | Current |
| Shalini Garg | Director | 30 May 2022 | 4 Years 4 Months | Current |
| Sapna Tomar | Director | 07 Nov 2024 | 1 Years 11 Months | Current |
| Narinder Sethi | Director | 10 Feb 2025 | 1 Years 8 Months | Current |
Peer comparison
Shellz India Limited is compared with the 6 companies closest to it by revenue in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shellz India Limitedthis company | ₹193.26 Cr (FY 2026) | ₹13.11 Cr | 6.8% | 3.0% | 7 | New Delhi, Delhi, India |
| Harish Bakers and Confectioners Private Limited | ₹174.28 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Gwalia Sweets Pvt Ltd | ₹172.69 Cr (FY 2025) | 28.0% | Ahmedabad, Gujarat, India | |||
| Bliss Chocolates India Private Limited | ₹171.87 Cr (FY 2025) | 15.0% | Bangalore, Karnataka, India | |||
| Geo Nutri Foods Private Limited | ₹168.61 Cr (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| North East Nutrients Private Limited | ₹160.8 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Aakriti Super Snacks Private Limited | ₹155.57 Cr (FY 2025) | 64.0% | Kolar, Chhattisgarh, India |
To see the full peer comparison of Shellz India Limited, buy the company report.
Auditor
Shellz India Limited is audited by KUMAR V & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUMAR V & ASSOCIATES | FY 2023 | 009501N |
Shareholding
The shareholding of Shellz India Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shellz India Limited, buy the company report.
Charges & borrowings
Open charges
₹109.76 Cr
Satisfied charges
₹94.89 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Aug 2026 | 101358671 | Others | ₹1.47 Cr | Open | |
| 01 Aug 2026 | 101366856 | Axis Bank Limited | ₹4.89 Cr | Open | |
| 31 Jul 2026 | 101351277 | Others | ₹4.08 Cr | Open | |
| 27 Mar 2026 | 101278761 | Others | ₹4.81 Cr | Open | |
| 26 Feb 2026 | 101253487 | Others | ₹3.06 Cr | Open |
To see the full charge records of Shellz India Limited, buy the company report.
Total charge records: 61 View all charges
Deals & funding
Shellz India Limited has 7 deals on record (3 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹6.84 Cr; the latest was in February 2025.
Total deals
7
Funding rounds
3
Rights issues
2
Secondary share transfers
2
Disclosed funding
₹6.84 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2025 | Funding round | ₹81 Lakh | Investors: 3 individuals |
| Aug 2024 | Funding round | ₹5.53 Cr | Investors: Shellz Overseas Private Limited |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Shellz Overseas Private Limited , an individual |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Shellz Overseas Private Limited |
| Dec 2020 | Rights issue | ₹3.15 Cr | Investors: Shellz Overseas Private Limited |
To see the full deal history of Shellz India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shellz India Limited has 229 court cases on record: 120 filed by Shellz India, 109 filed against it. 65 cases are pending and 164 are disposed.
Total cases
229
Filed by the company
120
Filed against the company
109
Pending
65
Disposed
164
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 210 | 101 | 63 |
| High courts | 17 | 6 | 2 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 229)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North, Delhi | Court case (OMP (COMM.)) | Filed against the company by M/S CVS Packaging Pvt Ltd | Pending |
| District court, South East, Delhi | Execution petition | Filed by the company against SNNR Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by M/S Faith Mercantile Pvt Ltd | Pending |
| District court, Sonepat, Haryana | Appeal | Filed against the company by M/S Ujala Stainless Private Limited | Pending |
| District court, North, Delhi | Court case (CS (COMM.)) | Filed against the company by Shrinath Rotopack Private Limited | Pending |
To see the full case history of Shellz India 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
No delayed payments to MSME suppliers are on our record for Shellz India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shellz India Limited has a workforce of 7 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
-36.36%
GST
Shellz India has 5 GST registrations: 3 active and 2 cancelled or inactive.
Total GSTINs
5
Active
3
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECT2526R1ZV | Delhi | Active | 01 Jul 2017 |
| 06AAECT2526R1ZX | Haryana | Active | 24 Oct 2018 |
| 36AAECT2526R1ZU | Telangana | Active | 11 Jan 2021 |
To see the full GST registrations and return filing status of Shellz India Limited, buy the company report.
Recent activity
Shellz India Limited has 6 board changes on record since 2012: 4 appointments and 2 cessations. The latest: Narinder Sethi was appointed as Director on 10 Feb 2025.
AGM
Shellz India Limited last Annual general meeting of members was held on 15 Sep 2026 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1.47 Cr with Charge ID 101358671 was registered on 10 Aug 2026.
Charges
A charge with Axis Bank Limited amounted to Rs. 4.89 Cr with Charge ID 101366856 was registered on 01 Aug 2026.
Charges
A charge with Others amounted to Rs. 4.08 Cr with Charge ID 101351277 was registered on 31 Jul 2026.
Filing
Shellz India Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Delhi Ii.
Charges
A charge with Others amounted to Rs. 4.81 Cr with Charge ID 101278761 was registered on 27 Mar 2026.
Charges
A charge with Others amounted to Rs. 3.06 Cr with Charge ID 101253487 was registered on 26 Feb 2026.
Charges
A charge with Axis Bank Limited of Rs. 28.28 Cr registered on 26 Jul 2022 with Charge ID 100633348 was modified on 27 Jan 2026.
Charges
A charge with Others amounted to Rs. 3.93 Cr with Charge ID 101191634 was registered on 26 Sep 2025.
Charges
A charge with Others amounted to Rs. 1.69 Cr with Charge ID 101157126 was registered on 22 Sep 2025.
Charges
A charge registered on 25 Oct 2024 via Charge ID 101023849 with Others was fully satisfied on 20 Sep 2025.
Charges
A charge with Others amounted to Rs. 2.03 Cr with Charge ID 101167710 was registered on 30 Aug 2025.
109 earlier events are in the company report.
Frequently asked questions
Shellz India is an active public limited company based in New Delhi, Delhi, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 07 May 2012 (14+ years old) and is registered under CIN U15490DL2012PLC235397.
Shellz India has 4 current directors:
- Kapil Garg - Managing Director
- Shalini Garg - Director
- Sapna Tomar - Director
- Narinder Sethi - Director
The latest financial statements of Shellz India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 15 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Shellz India is 07AAECT2526R1ZV, registered in Delhi. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 06AAECT2526R1ZX (Haryana), 36AAECT2526R1ZU (Telangana).
The CIN (Corporate Identification Number) of Shellz India is U15490DL2012PLC235397. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shellz India has 229 court cases on record: 120 filed by the company and 109 filed against it. 65 are pending. Most are in the district courts.
Shellz India was incorporated on 07 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Shellz India has 7 deals on record (3 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹6.84 Cr; the latest was in February 2025.
The peers of Shellz India by revenue are Harish Bakers and Confectioners Private Limited, Gwalia Sweets Pvt Ltd, Bliss Chocolates India Private Limited, Geo Nutri Foods Private Limited, North East Nutrients Private Limited and 1 more, all in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products).
Narinder Sethi was appointed as Director on 10 Feb 2025. Sapna Tomar was appointed as Director on 07 Nov 2024. Shalini Garg was appointed as Director on 30 May 2022. Shellz India has 6 board changes on record in total.
Yes, Shellz India is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-06-0017710).