Shah Alloys Limited

Manufacturer of steel products including stainless steel, alloys, special steel, and armor steel for domestic and international markets.

1990 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

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

    shahalloys.com

  • 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

Metals and Minerals

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)

NameDesignationAppointment DateStatus
Ashok Sharma Country flag representing In CFO05-Aug-2017Current
Narayanlal Shah Company Secretary15-Aug-2024Current

Board Members (8)

NameDesignationAppointment DateStatus
Prakashkumar Patel Country flag representing In Whole-Time Director 01-Mar-2022Current
Mrinal Sinha Country flag representing In Whole-Time Director 01-Mar-2022Current
Rajendrakumar Shah Country flag representing In Director 23-Nov-1990Current
Ambalal Patel Country flag representing In Director 25-Aug-2023Current
Ashok Sharma Country flag representing In Whole-Time Director and Cfo 11-Jul-2001Current
Shefali Patel Country flag representing In Director 13-Jul-2015Current

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%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-29.53%
Revenue from Operations
-28.84%
Total Assets
-3.14%
Profit or Loss
-93.50%
Net Worth
12.74%
EBITDA
-96.55%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹329.54 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
03 Oct 2024Others₹50.00 CrOpen
27 Apr 2009Bank Of Maharastra₹36.94 CrOpen
14 Feb 2007Industrial Development Bank Of India Limited.₹25.00 CrOpen
20 Oct 2006Idbi Trusteeship Services Limited₹100.00 CrOpen
13 Feb 2004The Life Insurance Corporation Of India₹10.00 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Shah Alloys

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100989799 was registered on 03 Oct 2024.

    03 Oct 2024

  • Annual General Meeting

    Shah Alloys Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Director Appointment

    Narayanlal Fatelal Shah was appointed as a Company Secretary was appointed as a Company Secretary on 15 Aug 2024 & has been associated with this company since 6 months 9 days .

    15 Aug 2024

  • Balance Sheet

    Shah Alloys Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Mitesh Vasantbhai Jariwala was appointed as a Director was appointed as a Director on 21 Mar 2024 & has been associated with this company since 11 months 3 days .

    21 Mar 2024

  • Director Appointment

    Bipinbhai Amulakhbhai Gosalia was appointed as a Director was appointed as a Director on 21 Mar 2024 & has been associated with this company since 11 months 3 days .

    21 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Shah Alloys Limited was incorporated on 23 Nov 1990.

  • The authorized share capital of Shah Alloys Limited is ₹ 35.00 Cr and paid-up capital is ₹ 19.80 Cr.

  • Currently 10 directors are associated with Shah Alloys Limited.

    • Rajendrakumar Shah
    • Ambalal Chhitabhai Patel
    • Ashok Sharma
    • Shefali Manojbhai Patel
    • Mitesh Vasantbhai Jariwala
    • Prakashkumar Ramanlal Patel
    • Mrinal Sinha
    • Bipinbhai Amulakhbhai Gosalia
    • Ashok Sharma
    • Narayanlal Fatelal Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shah Alloys Limited is 5/1 Shree House 5Th Floor M Jlibrrry Ashram Road India, Ahmedabad, Gujarat.

  • The corporate identification number (CIN) of Shah Alloys Limited is L27100GJ1990PLC014698 and the company number is 014698 as per Ministry of Corporate Affairs (MCA).

  • Yes, Shah Alloys Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BE : SHAHALLOYS.

  • The Official website of Shah Alloys Limited is https://www.shahalloys.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shah Alloys Limited has fallen by -29.53%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shah Alloys Limited has experienced an upsurge of 12.74%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shah Alloys Limited amount to ₹ 329.54 Cr.

  • The most recent Balance Sheet for Shah Alloys Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Steel Manufacturing & Processing