Sheelpe Enterprises Private Limited

Sheelpe Enterprises Private Limited - food and beverages in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U15543GJ2008PTC054386 Incorporated 03 July 2008 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company food and beverages MSME · Small
Data last updated
Revenue · FY 2025
₹52.03 Cr
▲ 12% YoY
Net profit · FY 2025
₹47.5 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹2.48 Cr
EBITDA margin 4.8%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1.39 Cr
Issued & subscribed
Open charges
₹4.18 Cr
Satisfied ₹4.24 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
5
Provident fund records

About Sheelpe Enterprises Private Limited

Data last updated:

Sheelpe Enterprises Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the non-alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 03 July 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15543GJ2008PTC054386. Its GSTIN is 24AAMCS3376C1ZD (Gujarat). The company holds 4 GST registrations, all of them active.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.39 Cr. It was formerly known as The Sheelpe Enterprises Private Limited. It is led by directors Behram Rustomji Mehta and Shiroy Behram Mehta.

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 2 China Garden Complex Netaji Marg Mithakhali Six Road, Ahmedabad, Gujarat, India – 380006.

As per the financials filed for FY 2025, the company reported a revenue of ₹52.03 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹47.5 Lakh (net margin 0.9%) and EBITDA of ₹2.48 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 14% over five years.

The company has about 5 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Aava. As per MCA filings, the company has open charges of ₹4.18 Cr and satisfied charges of ₹4.24 Cr on record. Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it; 3 cases are pending. The company has 4 deals on record (2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹20.47 Cr; the latest was in August 2020. Its 6 peer companies in the Food and Beverages industry (Non Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 2 larger and 4 smaller; the largest is Epicu Agro Products Private Limited with revenue of ₹54.05 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2024, listing 91 overdue payments to 10 micro and small suppliers.

Sheelpe Enterprises Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0010526). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aavawater.com.

Company details

CIN U15543GJ2008PTC054386
Registration Number 054386
Incorporation Date 03 July 2008
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0010526
Key People
Behram Rustomji Mehta Director Shiroy Behram Mehta Director

Recognitions & Rankings of Sheelpe Enterprises

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0010526

Contact details

Sheelpe Enterprises Private Limited's registered office is in Ahmedabad, Gujarat. Its website is aavawater.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    aavawater.com
  • Social Media
  • Registered Address
    2 China Garden Complex Netaji Marg Mithakhali Six Road, Ahmedabad, Gujarat, India – 380006
  • Industry
    Food and Beverages, Non-Alcoholic Beverage Manufacturing & Distribution

To see the full contact details of Sheelpe Enterprises Private Limited, buy the company report.

Comprehensive company report
Sheelpe Enterprises Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Sheelpe Enterprises operates one associated brand: Aava. Each brand links to its own profile.

BrandDescriptionWebsite
Aava
Brand of mineral wateraavawater.com

Business activity

The main business activity of Sheelpe Enterprises is manufacturing. In detail, this covers food, beverages and tobacco products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC1Food, beverages and tobacco products

To see the full business activity and turnover split of Sheelpe Enterprises Private Limited, buy the company report.

Financials of Sheelpe Enterprises Private Limited

FY 2025 filings available

Sheelpe Enterprises Private Limited reported revenue of ₹52.03 Cr (up 12% YoY) for FY 2025.

Revenue · FY 2025
₹52.03 Cr ▲ 12%
Net profit · FY 2025
₹47.5 Lakh margin 0.9%
EBITDA · FY 2025
₹2.48 Cr margin 4.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 33%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 71%
5 years · compounded
▲ 10%

Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 12% growth in the latest year. EBITDA fell 1% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹2.48 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹47.5 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin4.8%
Net Profit Margin0.9%
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 Sheelpe Enterprises Private Limited, buy the company report.

Board of directors of Sheelpe Enterprises Private Limited

Sheelpe Enterprises has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Behram Rustomji MehtaDirector03 Jul 200818 Years 3 MonthsCurrent
Shiroy Behram Mehta
Also directs: Green Wagon Food Products Private Limited, Greater Than Brands Limited
Director12 Dec 201411 Years 10 MonthsCurrent
View all directors

Peer comparison

Sheelpe Enterprises Private Limited is compared with the 6 companies closest to it by revenue in the Food and Beverages industry (Non Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Epicu Agro Products Private Limited₹54.05 Cr (FY 2025)-77.0%New Delhi, Delhi, India
Gonglu Agro Private Limited₹52.77 Cr (FY 2020)-24.0%Chennai, Tamil Nadu, India
Sheelpe Enterprises Private Limitedthis company₹52.03 Cr (FY 2025)₹47.5 Lakh0.9%12.0%5Ahmedabad, Gujarat, India
Megha Springs Private Limited₹51.13 Cr (FY 2016)46.0%Puttur, Karnataka, India
Infra Fine Foods Private Limited₹49.49 Cr (FY 2025)31.0%Bangalore, Karnataka, India
Vanisha Minerals Private Limited₹49.42 Cr (FY 2020)136.0%Bhopal, Madhya Pradesh, India
Shree Rama Newsprint Limited₹48.8 Cr (FY 2025)1.0%Surat, Gujarat, India

To see the full peer comparison of Sheelpe Enterprises Private Limited, buy the company report.

Auditor

Sheelpe Enterprises Private Limited is audited by AMAL DATT & ASSOCIATES LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
AMAL DATT & ASSOCIATES LLPFY 2023100294W/W100202

Shareholding

The shareholding of Sheelpe Enterprises Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Sheelpe Enterprises Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4.18 Cr
Satisfied charges
₹4.24 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹4.18 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Jun 2023100739191Hdfc Bank Limited₹17.97 LakhOpen
31 May 2021100476063Hdfc Bank Limited₹4 CrOpen
23 Nov 2022100643258Others₹4.24 CrSatisfied

To see the full charge records of Sheelpe Enterprises Private Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Sheelpe Enterprises Private Limited has 4 deals on record (2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹20.47 Cr; the latest was in August 2020.

Total deals
4
Secondary share transfers
2
Funding rounds
2
Disclosed funding
₹20.47 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Aug 2020Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Mar 2020Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2009Funding round₹20.42 CrInvestors: Divya Holdings Pvt Ltd , Producin Foods Private Limited
Dec 2008Funding round₹5 LakhInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Sheelpe Enterprises Private Limited has 7 MSME Form 1 returns on record between 2019 and 2024, listing 91 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 10)

SupplierAmount dueDue sinceReported on
National Polyplast (India) Private Limited
Kris Flexipacks Private Limited
Nishant Mouldings Private Limited
Chipco Bonding Systems (India) Private Limited
Gaggar Enterprises Private Limited

To see the full MSME payment records of Sheelpe Enterprises Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Sheelpe Enterprises Private Limited has a workforce of 5 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
5
Active EPFO establishments
1
Employee growth
400%

GST

Sheelpe Enterprises has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
24AAMCS3376C1ZDGujaratActive01 Jul 2017
27AAMCS3376C1Z7MaharashtraActive01 Jul 2017
07AAMCS3376C1Z9DelhiActive24 Nov 2017
33AAMCS3376C1ZETamil NaduActive19 Jul 2022

To see the full GST registrations and return filing status of Sheelpe Enterprises Private Limited, buy the company report.

Recent activity

Sheelpe Enterprises Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Rajesh Chandravadan Padalia ceased to be Director on 24 Feb 2020.

Charges
A charge registered on 23 Nov 2022 via Charge ID 100643258 with Others was fully satisfied on 30 Nov 2025.
AGM
Sheelpe Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sheelpe Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 4.24 Cr registered on 23 Nov 2022 with Charge ID 100643258 was modified on 01 Jul 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100739191 was registered on 06 Jun 2023.
Charges
A charge with Others amounted to Rs. 4.24 Cr with Charge ID 100643258 was registered on 23 Nov 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 4.00 Cr registered on 31 May 2021 with Charge ID 100476063 was modified on 16 Oct 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100476063 was registered on 31 May 2021.
Ceased
Rajesh Chandravadan Padalia ceased to be Director.
Ceased
Shiroy Behram Mehta ceased to be Additional Director.
Ceased
Jehangir Boman Sethna ceased to be Alternate Director.
Ceased
Tina Behram Mehta ceased to be Director.

5 earlier events are in the company report.

News

Aava plans Rs 100 cr capex to expand water bottling capacity
30 Jul 2017 · Diligent Media Corporation

Frequently asked questions

Sheelpe Enterprises is an active private limited company based in Ahmedabad, Gujarat, India. The company works in non-alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 03 July 2008 (18+ years old) and is registered under CIN U15543GJ2008PTC054386.

Sheelpe Enterprises has 2 current directors:

The latest financial statements of Sheelpe Enterprises 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 Sheelpe Enterprises is 24AAMCS3376C1ZD, registered in Gujarat. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AAMCS3376C1Z7 (Maharashtra), 07AAMCS3376C1Z9 (Delhi), 33AAMCS3376C1ZE (Tamil Nadu).

The CIN (Corporate Identification Number) of Sheelpe Enterprises is U15543GJ2008PTC054386. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sheelpe Enterprises has 10 court cases on record: 7 filed by the company and 3 filed against it. 3 are pending. Most are in the high courts.

Sheelpe Enterprises was incorporated on 03 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Sheelpe Enterprises has 4 deals on record (2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹20.47 Cr; the latest was in August 2020.

The peers of Sheelpe Enterprises by revenue are Epicu Agro Products Private Limited, Gonglu Agro Private Limited, Megha Springs Private Limited, Infra Fine Foods Private Limited, Vanisha Minerals Private Limited and 1 more, all in the Food and Beverages industry (Non Alcoholic Beverages), with the same principal business activity (food, beverages and tobacco products).

Rajesh Chandravadan Padalia ceased to be Director on 24 Feb 2020. Shiroy Behram Mehta ceased to be Additional Director on 30 Sep 2015. Jehangir Boman Sethna ceased to be Alternate Director on 13 Dec 2014. Sheelpe Enterprises has 8 board changes on record in total.

Yes, Sheelpe Enterprises is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0010526).

Sheelpe Enterprises has 7 MSME Form 1 returns on record between 2019 and 2024, listing 91 overdue payments to 10 micro and small suppliers. The latest return was filed on 29 Apr 2024.