Shish Industries Limited

BSE: 540693
Shish Industries Limited - packaging in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN L25209GJ2017PLC097273 Incorporated 11 May 2017 ROC Ahmedabad HQ Surat, Gujarat, India
Active Listed - BSE: 540693 Public Limited Company packaging MSME
Data last updated
Market Cap
₹440 Cr
SHISHIND · BSE
Share Price
₹10.94
+4.89% today
Revenue
₹134 Cr
FY 2025-26 · +15.6% YoY
EBITDA
₹12.35 Cr
Margin 9.2%
Net Profit
₹7.26 Cr
FY 2025-26 · -15.4% YoY
P/E (TTM)
132.3x
P/B 2.8x
Authorised capital
₹53 Cr
Registered with MCA
Paid-up capital
₹42.2 Cr
Issued & subscribed

About Shish Industries Limited

Data last updated:

Shish Industries Limited is a public limited company based in Surat, Gujarat, India. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 11 May 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L25209GJ2017PLC097273. Its GSTIN is 24AAYCS6904J1ZQ (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 540693.

The company has an authorised share capital of ₹53 Cr and a paid-up capital of ₹42.2 Cr. It is led by directors including Satishkumar Dayabhai Maniya (Managing Director) and Nitaben Satishkumar Maniya.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Surat, Gujarat.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹134.39 Cr, a growth of 15.6% compared to the previous year. For the same year it recorded a net profit of ₹7.26 Cr (net margin 5.4%) and EBITDA of ₹12.35 Cr (EBITDA margin 9.2%). The net worth stands at ₹185.36 Cr (up 75.2% YoY). Total assets are valued at ₹228.29 Cr (up 69.1% YoY).

The company has about 36 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.

The company is associated with 2 brands: Shish Industries Limited and Shish Industries. As per MCA filings, the company has open charges of ₹41.66 Cr and satisfied charges of ₹8.13 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 44 deals on record (42 market trades, 1 funding round, 1 ipo), with disclosed funding of ₹9.84 Cr; the latest was in January 2026. The company has 4 MSME Form 1 returns on record between 2019 and 2023, listing 45 overdue payments to 8 micro and small suppliers.

Shish Industries Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0040597). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shishindustries.com.

Company details

CIN L25209GJ2017PLC097273
Registration Number 097273
Incorporation Date 11 May 2017
ROC Ahmedabad
Listing Status Listed - Listed on BSE (540693)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-22-0040597

CIN history

Shish Industries has one previous CIN (Corporate Identification Number): U25209GJ2017PLC097273. The current CIN is L25209GJ2017PLC097273, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L25209GJ2017PLC097273Current
U25209GJ2017PLC097273Previous
Key People
Satishkumar Dayabhai Maniya Managing Director Nitaben Satishkumar Maniya Director Rameshbhai Virjibhai Kakadiya Director

Recognitions & Rankings of Shish Industries

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-GJ-22-0040597

Contact details

Shish Industries Limited's registered office is in Surat City, Gujarat. Its website is shishindustries.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    shishindustries.com
  • Social Media
  • Registered Address
    1502 15th Floor Junomoneta Tower Pal Rto Brts Road, Near Rajhans Cinema Adajan Gam Adajan, Surat, Gujarat, India – 395009
  • Industry
    Packaging, Laminated & Corrugated Packaging, Paper

To see the full contact details of Shish Industries Limited, buy the company report.

Comprehensive company report
Shish Industries 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
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Secure checkout · GST invoice included

Brands

Shish Industries operates two associated brands: Shish Industries Limited and Shish Industries. Each brand links to its own profile.

BrandDescriptionWebsite
Shish Industries Limited
Manufacturing, exporting, and supplying industrial products in material handling and building materials.shishindustries.co.in
Shish Industries
Shish Industriesshishindustries.com

Business activity

The main business activity of Shish Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Shish Industries Limited, buy the company report.

Financials of Shish Industries Limited

FY 2025-26 filings available

Shish Industries Limited reported revenue of ₹134.39 Cr (up 15.6% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹134 Cr
+15.6% YoY
EBITDA
₹12.35 Cr
+7.9% YoY
Profit After Tax
₹7.26 Cr
-15.4% YoY
Net Worth
₹185 Cr
+75.2% YoY
Total Assets
₹228 Cr
+69.1% YoY
Total Debt
₹48.78 Cr
+45.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue13411685.7468.5450.0228.28
Revenue growth+15.6%+35.6%+25.1%+37.0%+76.9%-
EBITDA12.3511.4510.929.004.022.24
EBITDA margin+9.2%+9.9%+12.7%+13.1%+8.0%+7.9%
Profit before tax8.957.9211.138.993.481.91
Net profit7.268.588.006.792.651.36
Net profit margin+5.4%+7.4%+9.3%+9.9%+5.3%+4.8%
EPS (₹)0.180.232.296.132.511.33
Balance sheet
Total assets22813573.0044.1523.3412.76
Net worth18510659.9334.8417.4311.72
Total debt48.7833.5613.089.305.911.04
Cash & bank7.121.606.7310.990.140.58
Net working capital65.3759.0453.6435.0015.937.05
Cash flow
Cash from operations(13.90)(1.74)(12.55)0.28(5.22)2.25
Cash from investing(63.43)(45.51)(18.13)(2.92)(2.33)(1.81)
Cash from financing82.7647.2019.8713.517.54(0.42)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue35.4938.1533.3629.7733.1235.5135.0422.64
Revenue growth (YoY)+7.2%+7.4%-4.8%+31.5%+43.6%---
Other income0.792.390.450.352.360.66(0.65)2.88
EBITDA(0.11)(0.10)4.245.332.881.194.981.36
EBITDA margin-0.3%-0.3%+12.7%+17.9%+8.7%+3.4%+14.2%+6.0%
Depreciation2.141.611.481.341.241.451.221.17
Interest0.670.650.221.730.670.840.610.64
Profit before tax(2.13)0.032.992.613.33(0.44)2.502.43
Tax0.01(0.10)1.930.470.78(0.05)0.590.59
Net profit(2.14)0.131.062.142.55(0.39)1.911.84
EPS (₹)(0.03)0.040.030.050.070.060.050.51
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue12311885.4870.2350.0228.2816.00
Revenue growth+4.6%+37.8%+21.7%+40.4%+76.9%+76.8%-
EBITDA10.348.1410.627.283.612.252.04
EBITDA margin+8.4%+6.9%+12.4%+10.4%+7.2%+8.0%+12.8%
Profit before tax12.2914.6711.297.683.251.921.32
Net profit8.7610.818.415.722.471.370.97
Net profit margin+7.1%+9.2%+9.8%+8.1%+4.9%+4.8%+6.1%
EPS (₹)0.230.292.415.182.351.332.19
Balance sheet
Total assets21613472.3240.9221.8812.7611.59
Net worth19110859.1033.6217.2611.729.61
Total debt24.2525.9413.227.304.631.041.98
Cash & bank6.691.466.5610.700.140.580.53
Net working capital61.9255.6146.2134.2815.707.056.83
Cash flow
Cash from operations10.09(12.66)(16.12)(1.05)(5.32)2.250.53
Cash from investing(75.59)(36.54)(16.77)(1.26)(1.42)(1.81)(0.22)
Cash from financing70.6449.1922.2012.976.74(0.42)(0.35)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue33.9434.1231.2425.5632.3433.4727.9631.14
Revenue growth (YoY)+5.0%+1.9%+11.7%-17.9%+28.3%---
Other income1.942.161.480.592.685.900.942.12
Total expenses34.8933.7826.7522.2630.1332.3725.6929.67
EBITDA(0.95)0.344.493.302.211.102.271.47
EBITDA margin-2.8%+1.0%+14.4%+12.9%+6.8%+3.3%+8.1%+4.7%
Depreciation1.360.760.700.660.640.720.580.42
Interest0.460.760.520.520.400.640.350.35
Profit before tax(0.83)0.984.752.713.855.642.282.82
Tax(0.02)0.571.470.570.921.520.560.69

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 27 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue35.4938.1533.3629.7733.1235.5135.0422.64
Revenue growth (YoY)+7.2%+7.4%-4.8%+31.5%+43.6%---
Other income0.792.390.450.352.360.66(0.65)2.88
EBITDA(0.11)(0.10)4.245.332.881.194.981.36
EBITDA margin-0.3%-0.3%+12.7%+17.9%+8.7%+3.4%+14.2%+6.0%
Depreciation2.141.611.481.341.241.451.221.17
Interest0.670.650.221.730.670.840.610.64
Profit before tax(2.13)0.032.992.613.33(0.44)2.502.43
Tax0.01(0.10)1.930.470.78(0.05)0.590.59
Net profit(2.14)0.131.062.142.55(0.39)1.911.84
EPS (₹)(0.03)0.040.030.050.070.060.050.51
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue13411685.7468.5450.0228.28
Revenue growth+15.6%+35.6%+25.1%+37.0%+76.9%-
Other income5.553.602.641.790.970.80
Total expenses12210574.8259.5446.0026.04
Employee cost0.0011.044.532.301.480.89
EBITDA12.3511.4510.929.004.022.24
EBITDA margin+9.2%+9.9%+12.7%+13.1%+8.0%+7.9%
Depreciation5.674.571.441.281.100.83
Interest3.282.560.990.520.410.30
Profit before tax8.957.9211.138.993.481.91
Tax3.071.953.132.200.830.55
Net profit7.268.588.006.792.651.36
Net profit margin+5.4%+7.4%+9.3%+9.9%+5.3%+4.8%
EPS (₹)0.180.232.296.132.511.33
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital42.2037.9535.0111.0610.5410.11
Reserves & surplus11965.0724.9223.786.891.61
Shareholders' funds (net worth)18510659.9334.8417.4311.72
Minority interest(5.84)(4.34)0.000.000.000.00
Secured loans43.7231.5211.899.255.860.99
Unsecured loans5.062.041.190.050.050.05
Total debt48.7833.5613.089.305.911.04
Total liabilities22813573.0044.1523.3412.76
Assets
Gross block10266.5622.4013.1812.549.89
Net block80.5151.0514.346.557.195.66
Capital work in progress22.937.594.402.230.120.00
Investments18.541.200.380.200.000.00
Inventories29.0230.3415.5210.208.465.62
Sundry debtors33.9717.3817.2719.408.822.01
Cash & bank balances7.121.606.7310.990.140.58
Loans & advances20.2424.2827.334.703.343.21
Total current assets90.3573.6066.8545.2920.7611.42
Total current liabilities24.9814.5613.2110.294.834.37
Net working capital65.3759.0453.6435.0015.937.05
Total assets22813573.0044.1523.3412.76
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash0.070.1210.930.050.070.05
Net cash from operating activities(13.90)(1.74)(12.55)0.28(5.22)2.25
Net cash from investing activities(63.43)(45.51)(18.13)(2.92)(2.33)(1.81)
Net cash from financing activities82.7647.2019.8713.517.54(0.42)
Net change in cash5.42(0.05)(10.81)10.87(0.01)0.02
Closing cash7.121.606.7310.990.140.58
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+15.6%+35.6%+25.1%+37.0%+76.9%-
EBITDA growth+7.9%+4.9%+21.3%+123.9%+79.5%-
PBT growth+13.0%-28.8%+23.8%+158.3%+82.2%+9997.0%
Net income growth-15.4%+7.3%+17.8%+156.2%+94.9%-
Revenue CAGR (3Y)+25.2%+32.5%+44.7%---
EBITDA CAGR (3Y)+11.1%+41.8%+69.6%---
Profitability & leverage
Net income margin+4.4%+5.1%+9.3%+9.9%+5.3%+4.8%
Return on capital employed-+9.9%+20.7%+28.2%+21.5%+17.2%
Return on net worth-+7.2%+16.9%+25.9%+18.2%+11.4%
Debt / equity-0.280.240.290.240.09
Long-term debt / equity-0.100.040.050.050.03
Interest cover49.1037.2110.446.7414.0421.28
Efficiency & per share
Fixed asset turnover-2.614.825.334.462.86
Inventory turnover-5.076.677.357.115.03
Debtors turnover-6.714.684.869.2414.07
EPS (₹)0.180.232.296.132.511.33
Dividend per share (₹)0.000.000.000.000.000.00
Book value per share (₹)0.002.7117.1231.5016.5411.59
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue33.9434.1231.2425.5632.3433.4727.9631.14
Revenue growth (YoY)+5.0%+1.9%+11.7%-17.9%+28.3%---
Other income1.942.161.480.592.685.900.942.12
Total expenses34.8933.7826.7522.2630.1332.3725.6929.67
EBITDA(0.95)0.344.493.302.211.102.271.47
EBITDA margin-2.8%+1.0%+14.4%+12.9%+6.8%+3.3%+8.1%+4.7%
Depreciation1.360.760.700.660.640.720.580.42
Interest0.460.760.520.520.400.640.350.35
Profit before tax(0.83)0.984.752.713.855.642.282.82
Tax(0.02)0.571.470.570.921.520.560.69
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue12311885.4870.2350.0228.2816.00
Revenue growth+4.6%+37.8%+21.7%+40.4%+76.9%+76.8%-
Other income6.9110.202.651.751.000.800.37
Total expenses11311074.8662.9546.4126.0313.96
Employee cost0.004.372.341.841.420.891.15
EBITDA10.348.1410.627.283.612.252.04
EBITDA margin+8.4%+6.9%+12.4%+10.4%+7.2%+8.0%+12.8%
Depreciation2.762.031.121.001.010.830.84
Interest2.201.640.860.350.350.300.25
Profit before tax12.2914.6711.297.683.251.921.32
Tax3.533.732.881.960.780.550.35
Net profit8.7610.818.415.722.471.370.97
Net profit margin+7.1%+9.2%+9.8%+8.1%+4.9%+4.8%+6.1%
EPS (₹)0.230.292.415.182.351.332.19
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital42.2037.9535.0111.0610.5410.114.44
Reserves & surplus12567.4424.0922.566.721.615.17
Shareholders' funds (net worth)19110859.1033.6217.2611.729.61
Secured loans22.5721.7710.347.254.580.991.66
Unsecured loans1.684.172.880.050.050.050.32
Total debt24.2525.9413.227.304.631.041.98
Total liabilities21613472.3240.9221.8812.7611.59
Assets
Gross block57.3828.6618.6711.4210.999.898.04
Net block45.2219.2611.305.175.745.664.68
Capital work in progress0.007.084.400.730.110.000.00
Investments33.5916.180.940.610.240.000.00
Inventories26.5725.4312.238.908.465.624.58
Sundry debtors33.8323.0818.8321.268.842.011.11
Cash & bank balances6.691.466.5610.700.140.580.53
Loans & advances13.3023.8120.394.373.603.212.06
Total current assets80.3973.7858.0145.2321.0411.428.28
Total current liabilities18.4718.1711.8010.955.344.371.45
Net working capital61.9255.6146.2134.2815.707.056.83
Total assets21613472.3240.9221.8812.7611.59
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.000.0110.700.050.070.050.09
Net cash from operating activities10.09(12.66)(16.12)(1.05)(5.32)2.250.53
Net cash from investing activities(75.59)(36.54)(16.77)(1.26)(1.42)(1.81)(0.22)
Net cash from financing activities70.6449.1922.2012.976.74(0.42)(0.35)
Net change in cash5.130.00(10.70)10.65(0.01)0.02(0.04)
Closing cash6.691.466.5610.700.140.580.53
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+4.6%+37.8%+21.7%+40.4%+76.9%+76.8%-
EBITDA growth+27.0%-23.4%+45.9%+101.7%+60.4%+10.3%-
PBT growth-16.2%+29.9%+47.0%+136.3%+69.3%+45.5%+4.8%
Net income growth-19.0%+28.5%+47.0%+131.6%+80.3%+41.2%-
Revenue CAGR (3Y)+20.6%+33.0%+44.6%+63.7%+65.5%+50.3%-
EBITDA CAGR (3Y)+12.4%+31.1%+67.7%+52.8%+17.6%+16.0%-
Profitability & leverage
Net income margin+7.1%+9.3%+9.8%+8.1%+4.9%+4.8%+6.1%
Return on capital employed-+15.8%+21.5%+25.6%+20.8%+18.0%+13.9%
Return on net worth-+13.1%+18.2%+22.5%+17.1%+12.6%+10.6%
Debt / equity-0.230.220.230.200.140.24
Long-term debt / equity-0.050.010.000.010.040.07
Interest cover29.0226.849.055.5713.4621.1320.83
Efficiency & per share
Fixed asset turnover-4.975.686.274.793.152.02
Inventory turnover-6.268.098.097.115.553.83
Debtors turnover-5.624.264.679.2218.1311.31
EPS (₹)0.230.292.415.182.351.332.19
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.002.7816.8830.3916.3711.5921.64

To see the full year-wise statements and ratios of Shish Industries Limited, buy the company report.

Board of directors of Shish Industries Limited

Shish Industries has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nitaben Satishkumar ManiyaDirector11 May 20179 Years 5 MonthsCurrent
Satishkumar Dayabhai Maniya
Also directs: Interstar Polyfab Private Limited, Dunnage Bag Private Limited, Shish Polylam Private Limited and 5 more
Managing Director11 May 20179 Years 5 MonthsCurrent
Rameshbhai Virjibhai Kakadiya
Also directs: Interstar Polyfab Private Limited, Dunnage Bag Private Limited, Shish Polylam Private Limited and 5 more
Director11 May 20179 Years 5 MonthsCurrent
Rajesh Kalubhai Mepani
Also directs: Interstar Polyfab Private Limited, Sihora Industries Limited, Scap Techno Fab Limited
Director05 Jun 20179 Years 4 MonthsCurrent
Nareshkumar Parshottambhai Lakhani
Also directs: Shish Advanced Composites Private Limited, Shish Jewels Limited, Scap Techno Fab Limited
Director08 Jan 20215 Years 9 MonthsCurrent
Shital TamakuwalaDirector21 Mar 20251 Years 7 MonthsCurrent
View all directors

Auditor

Shish Industries Limited is audited by K P C M & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
K P C M & COFY 2023117390W

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 54.80%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 45.10%.

Promoters: 54.80%DII (Domestic Institutional): 0.10%Retail & Others: 45.10%
Mar 2026
QUARTER
54.80% Promoters
0.10% DII (Domestic Institutional)
45.10% Retail & Others
Promoter holding - history
Now 54.80% · Mar 2026High 66.00% · Jun 2025Low 54.80% · Mar 2026
53%56.5%60%63.5%67%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 66.00%Sep 2025: 66.00%Dec 2025: 60.60%Mar 2026: 54.80%66.00%54.80%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters54.80%60.60%66.00%66.00%
Public45.20%39.40%34.00%34.00%

Charges & borrowings

Open charges
₹41.66 Cr
Satisfied charges
₹8.13 Cr
Breakdown by lending institutions
Standard Chartered Bank₹37.00 Cr
Sidbi₹4.66 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Mar 2025101071391Standard Chartered Bank₹13.1 CrOpen
26 Jul 2024100959301Standard Chartered Bank₹90 LakhOpen
29 Apr 2024100909740Sidbi₹4.66 CrOpen
23 Jul 2022100603841Standard Chartered Bank₹23 CrOpen
10 Aug 2021100469760Axis Bank Limited₹4.95 CrSatisfied

To see the full charge records of Shish Industries Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Shish Industries Limited has 44 deals on record (42 market trades, 1 funding round, 1 ipo), with disclosed funding of ₹9.84 Cr; the latest was in January 2026.

Total deals
44
Market trades
42
Funding round
1
IPO
1
Disclosed funding
₹9.84 Cr

Deals on record (5 of 44)

WhenDealAmountParties
Jan 2026Market trade₹3.68 CrBuyer: Neo Apex Venture LLP
Seller: Capnext Advisory Private Limited
Jan 2026Market trade₹4.6 CrBuyer: Neo Apex Venture LLP
Dec 2025Market trade₹31.14 CrBuyer: Multiplier Share and Stock Advisors Private Limited , Greenx Wealth Multihorizons Opportunity Fund
Seller: Lakhani Jignesh Jasmatbhai(Huf), Greenx Wealth Multihorizons Opportunity Fund, Multiplier Share and Stock Advisors Private Limited , an individual
Dec 2025Market trade₹23.79 CrBuyer: Neo Apex Share Broking Services LLP , Ishaan Tradefin LLP , Neo Apex Venture LLP
Seller: Greenx Wealth Multihorizons Opportunity Fund, Neo Apex Share Broking Services LLP , Multiplier Share and Stock Advisors Private Limited
Dec 2025Market trade₹3.5 CrBuyer: Multiplier Share and Stock Advisors Private Limited

To see the full deal history of Shish Industries Limited, buy the company report.

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

MSME payment delays

Shish Industries Limited has 4 MSME Form 1 returns on record between 2019 and 2023, listing 45 overdue payments to 8 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 8)

SupplierAmount dueDue sinceReported on
Swastik Interchem Private Limited
an individual supplier
Zoom Texturisers Private Limited
Dolphin Polyfill Private Limited
an individual supplier

To see the full MSME payment records of Shish Industries Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Shish Industries has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Shish Polylam Private LimitedU25209GJ2021PTC122016
Shish Global Solutions Private LimitedU62099GJ2022PTC134564

To see the full group structure of Shish Industries Limited, buy the company report.

Employees & EPFO

Shish Industries Limited has a workforce of 36 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.

Employee count
36
Active EPFO establishments
1
Employee growth
38.46%

GST

Shish Industries has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAYCS6904J1ZQGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Shish Industries Limited, buy the company report.

Recent activity

Shish Industries Limited has 10 board changes on record since 2017: 8 appointments and 2 cessations. The latest: Rasik Govindbhai Bharodia ceased to be Director on 25 Mar 2025.

Filing
Shish Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
Shish Industries Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Rasik Govindbhai Bharodia ceased to be Director.
Charges
A charge with Standard Chartered Bank amounted to Rs. 13.10 Cr with Charge ID 101071391 was registered on 22 Mar 2025.
Appointed
Shital Tamakuwala was appointed as Director.
Charges
A charge with Standard Chartered Bank of Rs. 23.00 Cr registered on 23 Jul 2022 with Charge ID 100603841 was modified on 27 Nov 2024.
Charges
A charge with Standard Chartered Bank amounted to Rs. 0.90 Cr with Charge ID 100959301 was registered on 26 Jul 2024.
Charges
A charge with Sidbi amounted to Rs. 4.66 Cr with Charge ID 100909740 was registered on 29 Apr 2024.
Charges
A charge registered on 10 Aug 2021 via Charge ID 100469760 with Axis Bank Limited was fully satisfied on 04 Oct 2022.
Charges
A charge with Standard Chartered Bank amounted to Rs. 23.00 Cr with Charge ID 100603841 was registered on 23 Jul 2022.
Charges
A charge registered on 21 Sep 2017 via Charge ID 100128067 with Uco Bank was fully satisfied on 03 Sep 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 4.95 Cr with Charge ID 100469760 was registered on 10 Aug 2021.

11 earlier events are in the company report.

News

Frequently asked questions

Shish Industries is an active public limited company based in Surat, Gujarat, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 11 May 2017 (9+ years old) and is registered under CIN L25209GJ2017PLC097273. Listed on BSE: 540693.

Shish Industries reported revenue of ₹134.39 Cr for FY 2025-26 (up 15.6% YoY) based on consolidated financials.

Shish Industries has 6 current directors:

The latest financial statements of Shish Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Shish Industries is 24AAYCS6904J1ZQ, registered in Gujarat.

The CIN (Corporate Identification Number) of Shish Industries is L25209GJ2017PLC097273. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Shish Industries is a listed company as per MCA records. Its shares are listed on BSE (code: 540693).

Shish Industries has 2 court cases on record: 2 filed by the company. 1 is pending.

Shish Industries was incorporated on 11 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Shish Industries has 44 deals on record (42 market trades, 1 funding round, 1 ipo), with disclosed funding of ₹9.84 Cr; the latest was in January 2026.

Rasik Govindbhai Bharodia ceased to be Director on 25 Mar 2025. Shital Tamakuwala was appointed as Director on 21 Mar 2025. Nareshkumar Parshottambhai Lakhani was appointed as Director on 08 Jan 2021. Shish Industries has 10 board changes on record in total.