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, Sukhraj Amarchand Singhvi. It holds ₹194.71 Cr open charges and ₹243.66 Cr settled loans. Its latest AGM occurred on 30 September 2024, 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.
U27209GJ2004PLC043927
043927
06 April 2004
₹7.50 Cr
₹6.80 Cr
Roc Ahmedabad
Unlisted
Active
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| 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 |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 23 Oct 2024 | Past |
| Pramod Abcsdd | Director | 23 Oct 2024 | Past |
| Pramod Abcsdd | Director | 17 Jul 2013 | Past |
| Pramod Abcsdd | Additional Director | 29 Sep 2017 | Past |
| Pramod Abcsdd | Director | 01 Aug 2013 | Past |
| Pramod Abcsdd | Director | 01 Apr 2010 | Past |
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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%.
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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.
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₹1,947,079,000.00
₹2,436,600,000.00
| 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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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.
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.
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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.
Progress on 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 documented.
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 recorded as a recent event.
The activity 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 completed.
Progress on A charge registered on 09 Jun 2014 via Charge ID 10504414 with State Bank Of India was fully satisfied on 14 Aug 2025. was documented.
A charge with Others amounted to Rs. 40.00 Cr with Charge ID 101090724 was registered on 21 Mar 2025. was recorded as a recent event.
A charge registered on 22 Mar 2021 via Charge ID 100434733 with State Bank Of India was fully satisfied on 20 Feb 2025. was recorded as a recent event.
The CIN of Shah Foils Limited is U27209GJ2004PLC043927.
Shah Foils Limited is headquartered at 26, Block B, Galaxy Signature Science City Road, Sola, Ahmedabad, Gujarat, 380060.
Shah Foils Limited was incorporated on 06 April 2004.
The current directors of Shah Foils Limited are
The primary industry of Shah Foils Limited is Manufacturing.
Shah Foils Limited is unlisted.
The authorized capital of Shah Foils Limited is ₹7.50 Cr, and the paid-up capital is ₹6.80 Cr.
The compliance status of Shah Foils Limited is Compliant.
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