Shah Alloys Profile
Key Indicators
- Authorised Capital ₹ 35.00 Cr
- Paid Up Capital ₹ 19.80 Cr
- Company Age 34 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 329.54 Cr
- Satisfied Charges ₹ 2,452.22 Cr
- Revenue Growth -29.53%
- Profit Growth -93.50%
- Ebitda -96.55%
- Net Worth 12.74%
- Total Assets -3.14%
About Shah Alloys
Shah Alloys Limited (SAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 November 1990 and has a history of 34 years and three months. Its registered office is in Ahmedabad, Gujarat.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 513436 and on the National Stock Exchange(NSE) under BE : SHAHALLOYS.
The Corporate was formerly known as Shah Alloys Private Limited. The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 35.00 Cr and a paid-up capital of Rs 19.80 Cr.
The company currently has active open charges totaling ₹329.54 Cr. The company has closed loans amounting to ₹2,452.22 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Shah Alloys Limited India are Ashok Sharma as CFO and Narayanlal Shah as Company Secretary. Rajendrakumar Shah, Ambalal Patel, Ashok Sharma, and Five other members serve as directors at the Company.
Company Details
- Location Ahmedabad, Gujarat
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L27100GJ1990PLC014698
- Company No.
014698
- Stock Symbol
BSE : 513436 NSE : BE : SHAHALLOYS
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Nov 1990
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
What products or services does Shah Alloys Limited offer?
Shah Alloys Limited offers a wide range of products and services, including Metal & Metal Made Products, Steel Sheets, Stainless Steel Sheet, Safety Equipment, Body Armour, Steel Pipes, Carbon Steel Pipes, Life Insurance, Personal Accident Policy, Commercial Vehicles & Three Wheelers.
Who are the key members and board of directors at Shah Alloys?
Executive Team (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Ashok Sharma ![]() | CFO | 05-Aug-2017 | Current |
Narayanlal Shah | Company Secretary | 15-Aug-2024 | Current |
Board Members (8)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Prakashkumar Patel ![]() | Whole-Time Director | 01-Mar-2022 | Current |
Mrinal Sinha ![]() | Whole-Time Director | 01-Mar-2022 | Current |
Rajendrakumar Shah ![]() | Director | 23-Nov-1990 | Current |
Ambalal Patel ![]() | Director | 25-Aug-2023 | Current |
Ashok Sharma ![]() | Whole-Time Director and Cfo | 11-Jul-2001 | Current |
Shefali Patel ![]() | Director | 13-Jul-2015 | Current |
Financial Performance of Shah Alloys.
Shah Alloys Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 29.53% decrease. The company also saw a substantial fall in profitability, with a 93.5% decrease in profit. The company's net worth Soared by an impressive increase of 12.74%.


- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
---|---|---|---|---|---|---|---|
Total Revenue |
| ||||||
Revenue from Operations |
| ||||||
Total Assets |
| ||||||
Profit or Loss |
| ||||||
Net Worth |
| ||||||
EBITDA |
|
What is the Ownership and Shareholding Structure of Shah Alloys?
In 2023, Shah Alloys had a promoter holding of 53.75% and a public holding of 46.26%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Charges (Loans)
₹329.54 Cr
₹2,452.22 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 100.00 Cr
- Union Bank Of India : 51.90 Cr
- Others : 50.00 Cr
- Bank Of Maharastra : 36.94 Cr
- Industrial Development Bank Of India Limited. : 25.00 Cr
- Others : 65.70 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
03 Oct 2024 | Others | ₹50.00 Cr | Open |
27 Apr 2009 | Bank Of Maharastra | ₹36.94 Cr | Open |
14 Feb 2007 | Industrial Development Bank Of India Limited. | ₹25.00 Cr | Open |
20 Oct 2006 | Idbi Trusteeship Services Limited | ₹100.00 Cr | Open |
13 Feb 2004 | The Life Insurance Corporation Of India | ₹10.00 Cr | Open |
How Many Employees Work at Shah Alloys?
Unlock and access historical data on people associated with Shah Alloys, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Shah Alloys, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shah Alloys's trajectory.
Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.