About Shah Foils Limited
Data last updated: 22 December 2025
Shah Foils Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in steel manufacturing and processing, a part of the broader metals and mining sector. Incorporated on 06 April 2004, the company has been in operation for over 22 years.
Registered with ROC Ahmedabad under CIN U27209GJ2004PLC043927.
Capital: an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹6.8 Cr. Formerly known as Shah Foils Private Limited. It is led by directors including Nitisha Sharma and Ankur Rajnikant Patwa.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2024. Office: 26 Block B Galaxy Signature Science City Road Sola, Ahmedabad, Gujarat, India – 380060.
As per the financials filed for FY 2025, the company reported a revenue of ₹744.12 Cr, a decline of 21% compared to the previous year.
The company has a workforce of approximately 325 employees as per the latest available data.
The company is associated with 1 brand - Shah Foils. As per MCA filings, the company has open charges of ₹194.71 Cr and satisfied charges of ₹243.66 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shahfoils.com.
-
EmailLocked
-
TelephoneLocked
-
Website
-
Social Media
-
Registered Address26 Block B Galaxy Signature Science City Road Sola, Ahmedabad, Gujarat, India – 380060
-
IndustryMetals and Minerals, Steel Manufacturing & Processing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Shah Foils Limited
Shah Foils Limited has one previous CIN (Corporate Identification Number): U27209GJ2004PTC043927. The current CIN is U27209GJ2004PLC043927, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27209GJ2004PLC043927 | Current |
| U27209GJ2004PTC043927 | Previous |
Associated Brands with Shah Foils Limited
Shah Foils Limited operates one associated brand: Shah Foils. These brands represent Shah Foils Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Cold rolled stainless steel coils and strips are manufactured. | shahfoils.com |
Business Activity of Shah Foils Limited
Shah Foils Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details for Shah Foils Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Shah Foils Limited
Shah Foils Limited is audited by BHANWAR JAIN & CO for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BHANWAR JAIN & CO | Locked | Locked | Locked |
Complete auditor history for Shah Foils Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Shah Foils Limited
Shah Foils Limited is currently managed by 4 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitisha Sharma | Director | 19 Mar 2020 | 6 Years 4 Months | Current |
|
Ankur Rajnikant Patwa
Also directs:
Sun Mark Stainless Private Limited
|
Director | 07 Jan 2022 | 4 Years 6 Months | Current |
|
Kartik Ramesh Shah
Also directs:
Whitesalt Commune Llp, Stellinox Stainless Private Limited
|
Managing Director | 06 Apr 2004 | 22 Years 3 Months | Current |
|
Lekhraj Parasmalji Kanungo
Also directs:
Smita Impex Llp, M. Nahar And Bafna Housing Llp, M. Nahar And Bafna Developers Llp and 4 more
|
Additional Director | 01 Apr 2010 | 16 Years 3 Months | Current |
Financials of Shah Foils Limited FY 2024 filings available
Shah Foils Limited reported revenue of ₹744.12 Cr (down 21.00% YoY) for FY 2025.
Ten-year financial statements for Shah Foils Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Shah Foils Limited
Shareholding and ownership data for Shah Foils Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of Shah Foils Limited
Shah Foils Limited has 2 associated companies. This group structure data is as of FY 2023. The corporate group structure reflects Shah Foils Limited's business expansion strategy and organizational complexity.
Charges & Borrowings of Shah Foils Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Mar 2025 | Others | ₹40 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 | ₹14.79 Lakh | Open |
| 22 Mar 2021 | State Bank of India | ₹6 Cr | Satisfied |
Total charge records: 14 View all charges
Employees and EPFO Compliance at Shah Foils Limited
Shah Foils Limited has a workforce of 325 employees as of Mar 28, 2024.
Employee and EPFO history for Shah Foils Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Shah Foils Limited
GST registrations and filing compliance for Shah Foils Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Shah Foils Limited
Credit ratings, litigation, and regulatory alerts for Shah Foils Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Shah Foils Limited
MSME payment history for Shah Foils Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Shah Foils Limited
Corporate group structure for Shah Foils Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shah Foils Limited
MCA filings and documents for Shah Foils Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Shah Foils Limited
Frequently Asked Questions about Shah Foils Limited
Shah Foils Limited is an active public limited company in the metals and minerals sector based in Ahmedabad, Gujarat, India. It was incorporated on 06 April 2004 (22+ years old) and is registered under CIN U27209GJ2004PLC043927. The company has 325 employees.
Shah Foils Limited reported revenue of ₹744.12 Cr for FY 2025 (down 21.00% YoY).
The current directors of Shah Foils Limited are:
- Nitisha Sharma - Director
- Ankur Rajnikant Patwa - Director
- Kartik Ramesh Shah - Managing Director
- Lekhraj Parasmalji Kanungo - Additional Director
The primary industry of Shah Foils Limited is metals and minerals. The company specifically operates in steel manufacturing and processing. The company is currently active in this sector.
Shah Foils Limited can be reached at the registered office: 26 Block B Galaxy Signature Science City Road Sola, Ahmedabad, Gujarat, India – 380060, or through the website shahfoils.com.
The authorised capital is ₹7.5 Cr, and the paid-up capital is ₹6.8 Cr.