Shah Alloys Limited - Company Profile

Q: Where is Shah Alloys Limited headquartered?

Shah Alloys Limited is headquartered at 51 Shree House 5Th Floor M Jlibrrry Ashram Road, Ahmedabad, Gujarat.

Q: Who are the current directors of Shah Alloys Limited?

The current directors of Shah Alloys Limited are Ambalal Chhitabhai Patel, Mitesh Vasantbhai Jariwala, Ashok Sharma, Bipinbhai Amulakhbhai Gosalia, Prakashkumar Ramanlal Patel, Rajendrakumar Shah, Nipa Jairaj Shah, Narayanlal Fatelal Shah, Rajnikant Amrutlal Vyas.

It is a metals and minerals public limited company based in Ahmedabad, Gujarat, India, established in 1990.

1990 Ahmedabad, Gujarat, India Active

Last Updated: January 05, 2026

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About Shah Alloys Limited

Shah Alloys Limited, a active public limited company, was established on 23 November 1990 in Ahmedabad, Gujarat, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: L27100GJ1990PLC014698. Registered under ROC Roc Ahmedabad. it is listed on BSE: 513436 and NSE: BE : SHAHALLOYS. It has an authorized capital of ₹35.00 Cr and a paid-up capital of ₹19.80 Cr.

Formerly known as Shah Alloys Private Limited. It upholds a compliant status. In 2024, it reported revenue of ₹634.63 Cr and a net worth of ₹66.81 Cr. Employing 415 professional, Its leadership includes Ambalal Chhitabhai Patel (Director), Mitesh Vasantbhai Jariwala (Director), Bipinbhai Amulakhbhai Gosalia (Director). Past directors included Harbans Lal Rawal, Vincent Mendonsa, Ambalal Chhitabhai Patel. It holds ₹329.54 Cr open charges and ₹2,452.22 Cr settled loans. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at 5/1 Shree House 5Th Floor M Jlibrrry Ashram Road, Ahmedabad, Gujarat.

Company Details

CIN/LLPIN
L27100GJ1990PLC014698
Registration Number
014698
Incorporation Date
23 November 1990
Authorized Capital
₹35.00 Cr
Paid-Up Capital
₹19.80 Cr
ROC Code
Roc Ahmedabad
Listing Status
Listed (BSE: 513436, NSE: BE : SHAHALLOYS)
Company Status
Active

Key Metrics

Authorised Capital ₹ 35.00 Cr as on 05-01-2026
Paid Up Capital ₹ 19.80 Cr as on 05-01-2026
Company Age 35 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 329.54 Cr as on 05-01-2026
Satisfied Charges ₹ 2,452.22 Cr as on 05-01-2026
Revenue Growth **** -0.70% (FY 2024)
Profit Growth **** -61.50% (FY 2024)
Ebitda **** -533.13% (FY 2024)
Net Worth 3.05% (FY 2024)
Total Assets -6.66% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Shah Alloys Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Shah Alloys Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ambalal Chhitabhai Patel	Director	25 Aug 2023	Current
Mitesh Vasantbhai Jariwala	Director	24 Feb 2024	Current
Bipinbhai Amulakhbhai Gosalia	Director	24 Feb 2024	Current
Prakashkumar Ramanlal Patel	Whole-Time Director	01 Mar 2022	Current
Rajendrakumar Shah	Director	23 Nov 1990	Current
Ashok Sharma	Whole-Time Director	11 Jul 2001	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Nominee Director	29 Mar 2016	Past
Pramod Abcsdd	Nominee Director	04 Aug 2011	Past
Pramod Abcsdd	Additional Director	28 Sep 2023	Past
Pramod Abcsdd	Director	31 Aug 2007	Past
Pramod Abcsdd	Director	05 Dec 2023	Past
Pramod Abcsdd	Whole-Time Director	10 Jul 2010	Past

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Financial Performance of Shah Alloys.

Shah Alloys Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 0.7% decrease. The company also saw a substantial fall in profitability, with a 61.5% decrease in profit. The company's net worth moved up by a moderate rise of 3.05%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-0.70%

*******

Revenue from Operations

*******

-5.41%

*******

Total Assets

*******

-6.66%

*******

Profit or Loss

*******

-61.50%

*******

Net Worth

*******

3.05%

*******

EBITDA

*******

-533.13%

*******

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What is the Ownership and Shareholding Structure of Shah Alloys?

In 2024, Shah Alloys had a promoter holding of 53.78% and a public holding of 46.21%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹3,295,400,000.00

Satisfied Charges

₹24,522,154,438.82

Charges Breakdown by Lending Institutions

Idbi Trusteeship Services Limited : 100.00 Cr
Union Bank Of India : 51.90 Cr
Others : 50.00 Cr
Bank Of Maharastra : 36.94 Cr
Industrial Development Bank Of India Limited. : 25.00 Cr
Others : 65.70 Cr

Latest Charge Details

Date	Lender	Amount	Status
03 Oct 2024	Others	₹50.00 Cr	Open
27 Apr 2009	Bank Of Maharastra	₹36.94 Cr	Open
14 Feb 2007	Industrial Development Bank Of India Limited.	₹25.00 Cr	Open
20 Oct 2006	Idbi Trusteeship Services Limited	₹100.00 Cr	Open
13 Feb 2004	The Life Insurance Corporation Of India	₹10.00 Cr	Open

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How Many Employees Work at Shah Alloys?

Unlock and access historical data on people associated with Shah Alloys, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Shah Alloys, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shah Alloys's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Shah Alloys

Recent Activity within the Organization

Annual General Meeting

Shah Alloys Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was recorded as a recent event.
26 Sep 2025
Director Appointment

Progress on Rajnikant Amrutlal Vyas was appointed as a Whole-time director was appointed as a Whole-time director on 04 Sep 2025 & has been associated with this company since 5 months 19 days . was documented.
04 Sep 2025
Director Appointment

Progress on Nipa Jairaj Shah was appointed as a Director was appointed as a Director on 14 Aug 2025 & has been associated with this company since 6 months 10 days . was documented.
14 Aug 2025
Balance Sheet

Progress on Shah Alloys Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.
31 Mar 2025
Charges

The activity A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100989799 was registered on 03 Oct 2024. was completed.
03 Oct 2024
Director Appointment

The activity Narayanlal Fatelal Shah was appointed as a Company Secretary was appointed as a Company Secretary on 15 Aug 2024 & has been associated with this company since 1 year 6 months . was completed.
15 Aug 2024

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