Shivam Induscorp Private Limited

Shivam Induscorp Private Limited - metals and minerals in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U14108GJ2003PTC042916 Incorporated 16 September 2003 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company metals and minerals MSME · Small
Data last updated
Revenue · FY 2025
₹47.02 Cr
▲ 5% YoY
Net profit · FY 2025
₹1.89 Cr
Net margin 4%
EBITDA · FY 2025
₹3.79 Cr
EBITDA margin 8.1%
Authorised capital
₹4.5 Cr
Registered with MCA
Paid-up capital
₹4.5 Cr
Issued & subscribed
Open charges
₹14.16 Cr
Satisfied ₹46.39 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
37
Provident fund records

About Shivam Induscorp Private Limited

Data last updated:

Shivam Induscorp Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 16 September 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U14108GJ2003PTC042916. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.5 Cr. It is led by directors Manilal Govindji Thacker (Managing Director) and Mitesh Manilal Thacker.

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 A – 411 Mondeal Heights Nr. Wide Angle S.G. Highway, Ahmedabad, Gujarat, India – 380015.

As per the financials filed for FY 2025, the company reported a revenue of ₹47.02 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.89 Cr (net margin 4%) and EBITDA of ₹3.79 Cr (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 10% over five years.

The company has about 37 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹14.16 Cr and satisfied charges of ₹46.39 Cr on record. Court records list 25 cases involving the company, including 23 filed by the company and 2 filed against it; 2 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹6.75 Cr; the latest was in May 2021.

Shivam Induscorp Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-13-0009896). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shivam.net.

Company details

CIN U14108GJ2003PTC042916
Registration Number 042916
Incorporation Date 16 September 2003
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-13-0009896
Key People
Manilal Govindji Thacker Managing Director Mitesh Manilal Thacker Director

Recognitions & Rankings of Shivam Induscorp

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-13-0009896

Contact details

Shivam Induscorp Private Limited's registered office is in Ahmedabad, Gujarat. Its website is shivam.net. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    shivam.net
  • Registered Address
    A – 411 Mondeal Heights Nr. Wide Angle S.G. Highway, Ahmedabad, Gujarat, India – 380015
  • Industry
    Metals and Minerals, Other Metals & Minerals

To see the full contact details of Shivam Induscorp Private Limited, buy the company report.

Comprehensive company report
Shivam Induscorp 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
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Business activity

The main business activity of Shivam Induscorp is mining and quarrying. In detail, this covers other mining & quarrying activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
BMining and quarryingB4Other Mining & Quarrying Activities

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

Financials of Shivam Induscorp Private Limited

FY 2025 filings available

Shivam Induscorp Private Limited reported revenue of ₹47.02 Cr (up 5% YoY) for FY 2025.

Revenue · FY 2025
₹47.02 Cr ▲ 5%
Net profit · FY 2025
₹1.89 Cr margin 4%
EBITDA · FY 2025
₹3.79 Cr margin 8.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▼ 9%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 25%
3 years · compounded
▼ 32%
5 years · compounded
▲ 2%

Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 5% growth in the latest year. EBITDA fell 25% 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₹3.79 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.89 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin8.1%
Net Profit Margin4%
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 Shivam Induscorp Private Limited, buy the company report.

Board of directors of Shivam Induscorp Private Limited

Shivam Induscorp has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mitesh Manilal Thacker
Also directs: Nyaalkaran Bizcorp Private Limited, Dolphin Cooling System Private Limited, Nyaalkaran Tech Private Limited and 1 more
Director16 Sep 200323 Years 1 MonthsCurrent
Manilal Govindji Thacker
Also directs: Nyaalkaran Bizcorp Private Limited, Dolphin Cooling System Private Limited, Nyaalkaran Tech Private Limited and 1 more
Managing Director16 Sep 200323 Years 1 MonthsCurrent
View all directors

Auditor

Shivam Induscorp Private Limited is audited by DHIRAJ M THAKKER & CO. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
DHIRAJ M THAKKER & CO.FY 2022112768W

Shareholding

The shareholding of Shivam Induscorp 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 Shivam Induscorp Private Limited, buy the company report.

Charges & borrowings

Open charges
₹14.16 Cr
Satisfied charges
₹46.39 Cr
Breakdown by lending institutions
Yes Bank Limited₹10.75 Cr
Hdfc Bank Limited₹3.41 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Jun 2021100464448Hdfc Bank Limited₹2 CrOpen
15 Nov 2016100064119Yes Bank Limited₹6.25 CrOpen
22 Aug 2016100058545Yes Bank Limited₹4.5 CrOpen
15 Nov 201410532300Hdfc Bank Limited₹1.41 CrOpen
05 Jan 2018100164585The South Indian Bank Limited₹7 CrSatisfied

To see the full charge records of Shivam Induscorp Private Limited, buy the company report.

Total charge records: 15 View all charges

Deals & funding

Shivam Induscorp Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹6.75 Cr; the latest was in May 2021.

Total deals
5
Secondary share transfers
3
Funding rounds
2
Disclosed funding
₹6.75 Cr

Deals on record (5 of 5)

WhenDealAmountParties
May 2021Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals
Dec 2011Funding round₹6.38 CrInvestors: 4 individuals
Dec 2010Secondary share transferUndisclosedBuyer: an individual
Seller: 4 individuals
Sep 2010Funding round₹37.3 LakhInvestors: 4 individuals
Oct 2007Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 4 individuals

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

MSME payment delays

No delayed payments to MSME suppliers are on our record for Shivam Induscorp Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Shivam Induscorp Private Limited has a workforce of 37 employees on its EPFO records as of Aug 16, 2024, across 1 active EPFO establishment.

Employee count
37
Active EPFO establishments
1
Employee growth
-9.76%

GST

Shivam Induscorp has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

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

Recent activity

Shivam Induscorp Private Limited has 3 board changes on record since 2003: 2 appointments and 1 cessation. The latest: Manjulaben Manilal Thacker ceased to be Director on 01 Apr 2012.

AGM
Shivam Induscorp Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shivam Induscorp Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100464448 was registered on 30 Jun 2021.
Charges
A charge with Yes Bank Limited of Rs. 4.50 Cr registered on 22 Aug 2016 with Charge ID 100058545 was modified on 04 Dec 2020.
Charges
A charge registered on 05 Jan 2018 via Charge ID 100164585 with The South Indian Bank Limited was fully satisfied on 01 Dec 2020.
Charges
A charge with Yes Bank Limited of Rs. 6.25 Cr registered on 15 Nov 2016 with Charge ID 100064119 was modified on 25 Sep 2018.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 7.00 Cr with Charge ID 100164585 was registered on 05 Jan 2018.
Charges
A charge registered on 11 Jul 2013 via Charge ID 10437393 with Hdfc Bank Limited was fully satisfied on 19 Nov 2016.
Charges
A charge registered on 31 May 2013 via Charge ID 10431587 with Hdfc Bank Limited was fully satisfied on 19 Nov 2016.
Charges
A charge with Yes Bank Limited amounted to Rs. 6.25 Cr with Charge ID 100064119 was registered on 15 Nov 2016.
Charges
A charge with Yes Bank Limited amounted to Rs. 4.50 Cr with Charge ID 100058545 was registered on 22 Aug 2016.
Charges
A charge with Hdfc Bank Limited of Rs. 6.10 Cr registered on 31 May 2013 with Charge ID 10431587 was modified on 16 Sep 2015.

27 earlier events are in the company report.

Frequently asked questions

Shivam Induscorp is an active private limited company based in Ahmedabad, Gujarat, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 16 September 2003 (23+ years old) and is registered under CIN U14108GJ2003PTC042916.

Shivam Induscorp has 2 current directors:

The latest financial statements of Shivam Induscorp 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.

No. Shivam Induscorp has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Shivam Induscorp is U14108GJ2003PTC042916. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Shivam Induscorp has 25 court cases on record: 23 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.

Shivam Induscorp was incorporated on 16 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Shivam Induscorp has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹6.75 Cr; the latest was in May 2021.

Manjulaben Manilal Thacker ceased to be Director on 01 Apr 2012. Manilal Govindji Thacker was appointed as Managing Director on 16 Sep 2003. Mitesh Manilal Thacker was appointed as Director on 16 Sep 2003.

Yes, Shivam Induscorp is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-13-0009896).