About Shellz India Limited
Data last updated:
Shellz India Limited is a public limited company based in New, Delhi, India. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 07 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U15490DL2012PLC235397. Its GSTIN is 07AAECT2526R1ZV (Delhi). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹8.72 Cr. It was formerly known as Shellz India Private Limited and Tifosi Foods Private Limited. It is led by directors including Kapil Garg (Managing Director) and Sapna Tomar.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Main Rohtak Road Near Shivaji Park, 39/35 2nd Floor, Punjab.
As per the financials filed for FY 2025, the company reported a revenue of ₹187.39 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹8.88 Cr (net margin 4.7%) and EBITDA of ₹24.75 Cr (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 15% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shellz. As per MCA filings, the company has open charges of ₹109.76 Cr and satisfied charges of ₹94.89 Cr on record. Court records list 224 cases involving the company, including 120 filed by the company and 103 filed against it; 62 cases are pending. The company has 7 deals on record (3 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹6.84 Cr; the latest was in February 2025. Its 10 peer companies in the Food and Beverages industry (Confectionery and Bakery Products) are compared by revenue, 5 larger and 5 smaller; the largest is Harish Bakers and Confectioners Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shellz.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address39/35 2nd Floor, Main Rohtak Road Near Shivaji Park Metro Station West Punjabi Bagh, New, Delhi, India – 110026
- IndustryFood and Beverages, Bakery & Confectionery Products
- 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
- One PDF report, delivered after checkout
Business Activity of Shellz India Limited
The main business activity of Shellz India is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Shellz India Limited FY 2025 filings available
Shellz India Limited reported revenue of ₹187.39 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Shellz India Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 15% growth in the latest year. EBITDA rose 23% 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 of Shellz India Limited
| 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 | ₹187.39 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹24.75 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.88 Cr | •••• | •••• | •••• | •••• |
| 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 of Shellz India Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Shellz India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Shellz India Limited
Shellz India Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Confectionery and Bakery Products). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shellz India Limited this company | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Harish Bakers and Confectioners Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Gwalia Sweets Pvt Ltd | •••• | •••• | •••• | •••• | 10 | Ahmedabad, Gujarat, India |
| Bliss Chocolates India Private Limited | •••• | •••• | •••• | •••• | 499 | Bangalore South, Karnataka, India |
| Peshwa Wheat Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| Geo Nutri Foods Private Limited | •••• | •••• | •••• | •••• | 230 | Kolkata, West Bengal, India |
| Epic Agro Products Pvt Ltd | •••• | •••• | •••• | •••• | 369 | Kolkata, West Bengal, India |
| North East Nutrients Private Limited | •••• | •••• | •••• | •••• | 153 | Kolkata, West Bengal, India |
| Candytoy Corporate Private Limited | •••• | •••• | •••• | •••• | 137 | Indore, Madhya Pradesh, India |
| Aakriti Super Snacks Private Limited | •••• | •••• | •••• | •••• | 58 | Kolar, Chattisgarh, India |
| Sree Gupta Bhavan Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Shellz India by revenue in the Food and Beverages industry (Confectionery and Bakery Products), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Shellz India Limited
Shellz India Limited is audited by KUMAR V & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KUMAR V & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Shellz India Limited
Shellz India 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 |
|---|---|---|---|---|
| Sapna Tomar | Director | 07 Nov 2024 | 1 Years 11 Months | Current |
| Kapil Garg Also directs: Joystreet Hospitality LLP, Winola India Private Limited, Skyway Polymers Private Limited and 1 more | Managing Director | 15 May 2012 | 14 Years 4 Months | Current |
| Narender Sethi | Director | 10 Feb 2025 | 1 Years 7 Months | Current |
| Shalini Garg | Director | 30 May 2022 | 4 Years 4 Months | Current |
Ownership and Shareholding of Shellz India Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Shellz India Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Aug 2026 | Others | ₹1.47 Cr | Open |
| 01 Aug 2026 | Axis Bank Limited | ₹4.89 Cr | Open |
| 31 Jul 2026 | Others | ₹4.08 Cr | Open |
| 27 Mar 2026 | Others | ₹4.81 Cr | Open |
| 26 Feb 2026 | Others | ₹3.06 Cr | Open |
Total charge records: 61 View all charges
Deals & Funding of Shellz India Limited
Shellz India Limited has 7 deals on record (3 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹6.84 Cr; the latest was in February 2025.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2025 | Funding round | ₹81 Lakh | Investors: 3 individuals |
| Aug 2024 | Funding round | ₹5.53 Cr | Investors: Shellz Overseas Private Limited |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Shellz Overseas Private Limited , an individual |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Shellz Overseas Private Limited |
| Dec 2020 | Rights issue | ₹3.15 Cr | Investors: Shellz Overseas Private Limited |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Shellz India Limited
Shellz India Limited has 224 court cases on record: 120 filed by Shellz India, 103 filed against it, 1 where it is another party. 62 cases are pending and 162 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 207 | 97 | 60 |
| High courts | 17 | 6 | 2 |
Cases on record (5 of 224)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North, Delhi | Court case (OMP (COMM.)) | Filed against the company by C.V.S. Packaging Private Limited | Pending |
| District court, South East, Delhi | Execution petition | Filed by the company against SNNR Private Limited | Pending |
| District court, Sonepat, Haryana | Appeal | Filed against the company by Ujala Stainless Private Limited | Pending |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by Faith Mercantile Private Limited | Pending |
| District court, North, Delhi | Court case (CS (COMM.)) | Filed against the company by Shrinath Rotopack Private Limited | Pending |
Full case history
All 224 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Shellz India Limited
Shellz India Limited has a workforce of 7 employees as of Mar 30, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Shellz India Limited
Shellz India has undergone 4 name changes throughout its history. The current legal name is Shellz India Limited.
| Company Name | Status |
|---|---|
| Shellz India Limited | Current |
| Shellz India Private Limited | Previous |
| Tifosi Foods Private Limited | Previous |
| Shellz Private Limited | Previous |
CIN History of Shellz India Limited
Shellz India has one previous CIN (Corporate Identification Number): U15490DL2012PTC235397. The current CIN is U15490DL2012PLC235397, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15490DL2012PLC235397 | Current |
| U15490DL2012PTC235397 | Previous |
Recent Activity on Shellz India Limited
Shellz India Limited has 6 board changes on record since 2012: 4 appointments and 2 cessations. The latest: Narender Sethi was appointed as Director on 10 Feb 2025.
109 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Shellz India Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- 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 Shellz India Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- 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 Shellz India Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Shellz India Limited
Shellz India has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECT2526R1ZV | Delhi | Active | 01 Jul 2017 |
| 06AAECT2526R1ZX | Haryana | Active | 24 Oct 2018 |
| 36AAECT2526R1ZU | Telangana | Active | 11 Jan 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shellz India Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Shellz India Limited
Shellz India is an active public limited company based in New, Delhi, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 07 May 2012 (14+ years old) and is registered under CIN U15490DL2012PLC235397.
Shellz India reported revenue of ₹187.39 Cr for FY 2025 (up 15% YoY).
Shellz India has 4 current directors:
- Kapil Garg - Managing Director
- Sapna Tomar - Director
- Narender Sethi - Director
- Shalini Garg - Director
Shellz India reported a net profit of ₹8.88 Cr (net margin 4.7%) and EBITDA of ₹24.75 Cr (EBITDA margin 13.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shellz India is 8% over three years and 15% over five years. In the latest year (FY 2025) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shellz India is 07AAECT2526R1ZV, registered in Delhi. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 06AAECT2526R1ZX (Haryana), 36AAECT2526R1ZU (Telangana).
The CIN (Corporate Identification Number) of Shellz India is U15490DL2012PLC235397. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shellz India has 224 court cases on record: 120 filed by the company and 103 filed against it. 62 are pending. Most are in the district courts.
Shellz India was incorporated on 07 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Shellz India has 7 deals on record (3 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹6.84 Cr; the latest was in February 2025.
The peers of Shellz India by revenue are Harish Bakers and Confectioners Private Limited, Gwalia Sweets Pvt Ltd, Bliss Chocolates India Private Limited, Peshwa Wheat Limited, Geo Nutri Foods Private Limited and 5 more, all in the Food and Beverages industry (Confectionery and Bakery Products).