Shah Foils Limited - Company Profile

It is a metals and minerals public limited company based in Ahmedabad, Gujarat, India, established in 2004.
2004 Ahmedabad, Gujarat, India Active
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About Shah Foils Limited

Shah Foils Limited, a active public limited company, was established on 06 April 2004 in Ahmedabad, Gujarat, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U27209GJ2004PLC043927. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹7.50 Cr and a paid-up capital of ₹6.80 Cr.

Formerly known as Shah Foils Private Limited. It upholds a compliant status. Employing 325 professional, Its leadership includes Nitisha Sharma (Director), Ankur Rajnikant Patwa (Director), Kartik Ramesh Shah (Managing Director). Past directors included Ramesh Manilal Shah, Mahendra Manilal Shah, Nitisha Sharma. It holds ₹194.71 Cr open charges and ₹243.66 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2024. It is based at 26, Block B, Galaxy Signature Science City Road, Sola, Ahmedabad, Gujarat, 380060.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U27209GJ2004PLC043927

  • Registration Number

    043927

  • Incorporation Date

    06 April 2004

  • Authorized Capital

    ₹7.50 Cr

  • Paid-Up Capital

    ₹6.80 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 6.80 Cr
  • Company Age 21 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 194.71 Cr
  • Satisfied Charges ₹ 243.66 Cr
  • Revenue Growth **** 47.85%
  • Profit Growth **** 150.65%
  • Ebitda **** 79.27%
  • Net Worth 33.19%
  • Total Assets **** 34.20%
Company report

Shah Foils Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Shah Foils 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 Foils Limited?
Current Directors
Name Designation Appointment Date Status
Nitisha Sharma Director 19 Mar 2020 Current
Ankur Rajnikant Patwa Director 07 Jan 2022 Current
Kartik Ramesh Shah Managing Director 06 Apr 2004 Current
Lekhraj Parasmalji Kanungo Additional Director 01 Apr 2010 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 23 Oct 2024 Past
Pramod Abcsdd Director 23 Oct 2024 Past
Pramod Abcsdd Additional Director 31 Dec 2020 Past
Pramod Abcsdd Director 17 Jul 2013 Past
Pramod Abcsdd Additional Director 29 Sep 2017 Past
Pramod Abcsdd Additional Director 30 Sep 2022 Past

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Financial Performance of Shah Foils.

Shah Foils Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 47.85% increase. The company also saw a substantial improvement in profitability, with a 150.65% increase in profit. The company's net worth Soared by an impressive increase of 33.19%.

Shah Foils revenue growth over time
Shah Foils profit and loss trends over time
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
  • 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
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 47.85%
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Revenue from Operations
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 47.40%
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*******
Total Assets
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 34.20%
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Profit or Loss
*******
 150.65%
*******
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Net Worth
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 33.19%
*******
*******
*******
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EBITDA
*******
 79.27%
*******
*******
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What is the Ownership and Shareholding Structure of Shah Foils?

In 2023, Shah Foils had a promoter holding of 90.24% and a public holding of 9.76%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹1,947,079,000.00

Satisfied Charges

₹2,436,600,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 107.04 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 47.67 Cr
  • Others : 40.00 Cr
Latest Charge Details
Date Lender Amount Status
21 Mar 2025 Others ₹40.00 Cr Open
26 Sep 2024 Hdfc Bank Limited ₹106.89 Cr Open
26 Sep 2024 The Hongkong And Shanghai Banking Corporation Limited ₹47.67 Cr Open
15 Feb 2023 Hdfc Bank Limited ₹1.48 M Open
22 Mar 2021 State Bank Of India ₹6.00 Cr Satisfied

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How Many Employees Work at Shah Foils?

Shah Foils has a workforce of 325 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shah Foils, 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 Foils's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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 Foils
Recent Activity within the Organization
  • Annual General Meeting

    Shah Foils Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Charges

    The activity A charge with Others of Rs. 40.00 Cr registered on 21 Mar 2025 with Charge ID 101090724 was modified on 20 Sep 2025. was completed.

  • Charges

    Progress on A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 47.67 Cr registered on 26 Sep 2024 with Charge ID 100987471 was modified on 20 Sep 2025. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 106.89 Cr registered on 26 Sep 2024 with Charge ID 100988802 was modified on 16 Sep 2025. was documented.

  • Charges

    The activity A charge registered on 09 Jun 2014 via Charge ID 10504414 with State Bank Of India was fully satisfied on 14 Aug 2025. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 40.00 Cr with Charge ID 101090724 was registered on 21 Mar 2025. was completed.

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Frequently Asked Questions
What is the CIN of Shah Foils Limited?

The CIN of Shah Foils Limited is U27209GJ2004PLC043927.

Where is Shah Foils Limited headquartered?

Shah Foils Limited is headquartered at 26, Block B, Galaxy Signature Science City Road, Sola, Ahmedabad, Gujarat, 380060.

When was Shah Foils Limited incorporated?

Shah Foils Limited was incorporated on 06 April 2004.

Who are the current directors of Shah Foils Limited?

The current directors of Shah Foils Limited are

What is the primary industry of Shah Foils Limited?

The primary industry of Shah Foils Limited is Manufacturing.

Is Shah Foils Limited a listed company?

Shah Foils Limited is unlisted.

What is the capital structure of Shah Foils Limited?

The authorized capital of Shah Foils Limited is ₹7.50 Cr, and the paid-up capital is ₹6.80 Cr.

What is the compliance status of Shah Foils Limited?

The compliance status of Shah Foils Limited is Compliant.

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