
Shah Pipes Private Limited
About Shah Pipes Private Limited
Data last updated:
Shah Pipes Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 24 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27310GJ2003PTC042535. Its GSTIN is 24AAHCS3755J1Z4 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rahil Rajubhai Shah and Rajubhai Pravinchandra Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 44 Magarvel Industrial Estatenagarvel Hanuman Road Rakhial, Ahmedabad, Gujarat, India – 380023.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.89 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹11.4 Lakh (net margin -0.5%) and EBITDA of ₹27.43 Lakh (EBITDA margin 1.2%).
As per MCA filings, the company has open charges of ₹2.2 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shah Pipes Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address44 Magarvel Industrial Estatenagarvel Hanuman Road Rakhial, Ahmedabad, Gujarat, India – 380023
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Shah Pipes Private Limited, buy the company report.
- 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
Business activity
The main business activity of Shah Pipes is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Shah Pipes Private Limited, buy the company report.
Financials of Shah Pipes Private Limited
FY 2025 filings availableShah Pipes Private Limited reported revenue of ₹22.89 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year. EBITDA rose 36% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹27.43 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.4 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | -0.5% | ||||
| 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 Shah Pipes Private Limited, buy the company report.
Board of directors of Shah Pipes Private Limited
Shah Pipes has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahil Rajubhai Shah | Director | 20 Mar 2015 | 11 Years 7 Months | Current |
| Rajubhai Pravinchandra Shah | Director | 24 Jun 2003 | 23 Years 4 Months | Current |
| Chetna Sagar Shah | Director | 20 Mar 2015 | 11 Years 7 Months | Current |
| Sagarbhai Hasmukhbhai Shah Also directs: Shree Vastu Nirman Realty LLP | Director | 24 Jun 2003 | 23 Years 4 Months | Current |
Peer comparison
Shah Pipes Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution, Pipes), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gyanesh Enterprises Private Limited | ₹22.94 Cr (FY 2025) | -16.0% | Korba, Chhattisgarh, India | |||
| Kunsons Pipes Private Limited | ₹22.92 Cr (FY 2025) | -42.0% | Coimbatore, Tamil Nadu, India | |||
| Shah Pipes Private Limitedthis company | ₹22.89 Cr (FY 2025) | -₹11.4 Lakh | -0.5% | -1.0% | Ahmedabad, Gujarat, India | |
| Vasudev Suppliers Private Limited | ₹22.83 Cr (FY 2017) | -73.0% | Ballabgarh, Haryana, India | |||
| Kisan Agro Pipes and Fittings Private Limited | ₹22.8 Cr (FY 2023) | 2.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Shah Pipes Private Limited, buy the company report.
Auditor
Shah Pipes Private Limited is audited by KIRIT P SHAH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KIRIT P SHAH & CO | FY 2023 | 152614W |
Shareholding
The shareholding of Shah Pipes Private 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 Shah Pipes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jul 2015 | 10580789 | Others | ₹2 Cr | Open | |
| 17 May 2011 | 10288516 | Nutan Nagarik Sahakari Bank Ltd. | ₹20 Lakh | Open |
To see the full charge records of Shah Pipes Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Shah Pipes Private Limited has 1 court case on record: 1 filed by Shah Pipes. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against M/S. Jay Gurunanak Watch Case and Hardware Prop. Dineshbhai Sugnomal Bhagchandani | Disposed |
To see the full case history of Shah Pipes Private 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 Shah Pipes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shah Pipes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCS3755J1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shah Pipes Private Limited, buy the company report.
Recent activity
Shah Pipes Private Limited has 6 board changes on record since 2003: 4 appointments and 2 cessations. The latest: Hasmukhlal Vadilal Shah ceased to be Director on 01 Mar 2021.
Frequently asked questions
Shah Pipes is an active private limited company based in Ahmedabad, Gujarat, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 24 June 2003 (23+ years old) and is registered under CIN U27310GJ2003PTC042535.
Shah Pipes has 4 current directors:
- Rahil Rajubhai Shah - Director
- Rajubhai Pravinchandra Shah - Director
- Chetna Sagar Shah - Director
- Sagarbhai Hasmukhbhai Shah - Director
The latest financial statements of Shah Pipes on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shah Pipes is 24AAHCS3755J1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Shah Pipes is U27310GJ2003PTC042535. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shah Pipes has 1 court case on record: 1 filed by the company.
Shah Pipes was incorporated on 24 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shah Pipes by revenue are Gyanesh Enterprises Private Limited, Kunsons Pipes Private Limited, Vasudev Suppliers Private Limited, Kisan Agro Pipes and Fittings Private Limited, all in the Metals and Minerals industry (Construction Materials Retail and Distribution, Pipes), with the same principal business activity (wholesale trading).
Hasmukhlal Vadilal Shah ceased to be Director on 01 Mar 2021. Roziben Rajubhai Shah ceased to be Director on 01 Mar 2021. Chetna Sagar Shah was appointed as Director on 20 Mar 2015. Shah Pipes has 6 board changes on record in total.
The registered office of Shah Pipes is at 44 Magarvel Industrial Estatenagarvel Hanuman Road Rakhial, Ahmedabad, Gujarat, India – 380023.
Shah Pipes operates in the metals and minerals industry, in the construction materials retail and distribution segment.

