About Shining Engineers and Founders Private Limited
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Shining Engineers and Founders Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 06 July 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27106GJ2001PTC039738. Its GSTIN is 24AAHCS0022J1ZQ (Gujarat).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.67 Cr. It is led by directors including Natvarlal Harjivanbhai Shiyani and Vijaykumar Natvarlal Shiyani.
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 Survey No 81 82Nr Archer Metal Industrial, Rajkot, Gujarat, India – 360003.
As per the financials filed for FY 2024, the company reported a revenue of ₹85.39 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹64.54 Lakh (net margin 0.8%) and EBITDA of ₹4.41 Cr (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 6% over five years.
The company has about 171 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹34.48 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shining.co.in.
Company details
Contact details
Shining Engineers and Founders Private Limited's registered office is in Rajkot, Gujarat. Its website is shining.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No 81 82Nr Archer Metal Industrial, Rajkot, Gujarat, India – 360003
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Shining Engineers and Founders 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 activities of Shining Engineers and Founders are manufacturing, electricity, gas, steam and air condition supply and professional, scientific and technical. In detail, this covers metal and metal products, electric power generation, transmission and distribution and architecture, engineering activities, technical testing and analysis activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | |
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Shining Engineers and Founders Private Limited, buy the company report.
Financials of Shining Engineers and Founders Private Limited
FY 2025 filings availableShining Engineers and Founders Private Limited reported revenue of ₹85.39 Cr (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 27% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹4.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹64.54 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.2% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Shining Engineers and Founders Private Limited, buy the company report.
Board of directors of Shining Engineers and Founders Private Limited
Shining Engineers and Founders has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Natvarlal Harjivanbhai Shiyani | Director | 13 Jul 2001 | 25 Years 3 Months | Current |
| Vijaykumar Natvarlal Shiyani | Director | 06 Jul 2001 | 25 Years 4 Months | Current |
| Kamleshbhai Natvarlal Shiyani | Director | 16 Aug 2012 | 14 Years 2 Months | Current |
| Purva Vijaybhai Shiyani | Director | 16 Jan 2026 | 0 Years 9 Months | Current |
Peer comparison
Shining Engineers and Founders Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Hans Alloys Limited | ₹86.89 Cr (FY 2024) | 19.0% | Dholka, Gujarat, India | |||
| Tikmany Steel Forgings Pvt. Ltd. | ₹86.63 Cr (FY 2024) | 19.0% | Howrah, West Bengal, India | |||
| Jagdamba Liquified Steels Limited | ₹86.53 Cr (FY 2020) | -30.0% | New Delhi, Delhi, India | |||
| Deffree Engineering Private Limited | ₹86.48 Cr (FY 2025) | 26.0% | Coimbatore, Tamil Nadu, India | |||
| Zetek Castings Private Limited | ₹85.52 Cr (FY 2020) | -4.0% | Sriperumbudur, Tamil Nadu, India | |||
| Shining Engineers and Founders Private Limitedthis company | ₹85.39 Cr (FY 2024) | ₹64.54 Lakh | 0.8% | -11.0% | 171 | Rajkot, Gujarat, India |
| Victory Precisions Private Limited | ₹84.7 Cr (FY 2024) | -8.0% | Pune, Maharashtra, India | |||
| Tas Foundries Private Limited | ₹84.7 Cr (FY 2025) | 0.0% | Ahmedabad, Gujarat, India | |||
| Smart Foundry Private Limited | ₹84.3 Cr (FY 2025) | -11.0% | Pune, Maharashtra, India | |||
| Natraj Iron & Castings Private Limited | ₹84.25 Cr (FY 2024) | 0.0% | Patna, Bihar, India | |||
| Sueeraa Alloys Global Private Limited | ₹82.84 Cr (FY 2025) | 10.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Shining Engineers and Founders Private Limited, buy the company report.
Auditor
Shining Engineers and Founders Private Limited is audited by N M UNADKAT & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N M UNADKAT & CO | FY 2022 | 111159W |
Shareholding
The shareholding of Shining Engineers and Founders Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shining Engineers and Founders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Nov 2025 | 101201591 | Others | ₹86 Lakh | Open | |
| 24 Feb 2025 | 101059137 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 01 Feb 2022 | 100546889 | Hdfc Bank Limited | ₹20.08 Lakh | Open | |
| 11 Oct 2003 | 80030760 | Development Credit Bank Limited | ₹1.5 Cr | Open | |
| 11 Oct 2003 | 80030763 | Others | ₹9.5 Cr | Open |
To see the full charge records of Shining Engineers and Founders Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Shining Engineers and Founders Private Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, RAJKOT, Gujarat | Court case (DST LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner of Central Excise & Customs | Disposed |
To see the full case history of Shining Engineers and Founders 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 Shining Engineers and Founders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shining Engineers and Founders Private Limited has a workforce of 171 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 171 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Shining Engineers and Founders Private Limited, buy the company report.
GST
Shining Engineers and Founders has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCS0022J1ZQ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shining Engineers and Founders Private Limited, buy the company report.
Recent activity
Shining Engineers and Founders Private Limited has 7 board changes on record since 2001: 4 appointments and 3 cessations. The latest: Purva Vijaybhai Shiyani was appointed as Director on 16 Jan 2026.
7 earlier events are in the company report.
Frequently asked questions
Shining Engineers and Founders is an active private limited company based in Rajkot, Gujarat, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 06 July 2001 (25+ years old) and is registered under CIN U27106GJ2001PTC039738.
Shining Engineers and Founders has 4 current directors:
- Natvarlal Harjivanbhai Shiyani - Director
- Vijaykumar Natvarlal Shiyani - Director
- Kamleshbhai Natvarlal Shiyani - Director
- Purva Vijaybhai Shiyani - Director
The latest financial statements of Shining Engineers and Founders 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 Shining Engineers and Founders is 24AAHCS0022J1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Shining Engineers and Founders is U27106GJ2001PTC039738. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shining Engineers and Founders has 4 court cases on record: 4 filed against it. 1 is pending. Most are in the district courts.
Shining Engineers and Founders was incorporated on 06 July 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shining Engineers and Founders by revenue are Shree Hans Alloys Limited, Tikmany Steel Forgings Pvt. Ltd, Jagdamba Liquified Steels Limited, Deffree Engineering Private Limited, Zetek Castings Private Limited and 5 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Purva Vijaybhai Shiyani was appointed as Director on 16 Jan 2026. Hansaben Dhanjibhai Shiyani ceased to be Director on 16 Aug 2012. Kamleshbhai Natvarlal Shiyani was appointed as Director on 16 Aug 2012. Shining Engineers and Founders has 7 board changes on record in total.
Shining Engineers and Founders can be reached through the website shining.co.in. Its registered office is in Rajkot, Gujarat, India.
The registered office of Shining Engineers and Founders is at Survey No 81 82Nr Archer Metal Industrial, Rajkot, Gujarat, India – 360003.
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