Shah Foils Limited

Manufactures and exports cold rolled stainless steel coils, strips, and circles with 30,000 metric ton capacity.

2004 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Shah Foils Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 6.80 Cr
  • Company Age 21 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 304.64 Cr
  • Satisfied Charges ₹ 91.84 Cr
  • Revenue Growth 25.27%
  • Profit Growth -45.96%
  • Ebitda -35.83%
  • Net Worth 12.95%
  • Total Assets 8.73%

About Shah Foils

Shah Foils Limited (SFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 April 2004 and has a history of 21 years and one month. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Shah Foils 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 7.50 Cr and a paid-up capital of Rs 6.80 Cr.

The company currently has active open charges totaling ₹304.64 Cr. The company has closed loans amounting to ₹91.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

Lekhraj Kanungo, Kartik Shah, Ramesh Shah, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27209GJ2004PLC043927

  • Company No.

    043927

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Apr 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals
Company report

Shah Foils Limited

Explore comprehensive data for Shah Foils Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Shah Foils?

Executive Team (1)

NameDesignationAppointment DateStatus
Kartik Shah Country flag representing In Managing Director06-Apr-2004Current

Board Members (5)

NameDesignationAppointment DateStatus
Lekhraj Kanungo Country flag representing In Additional Director 01-Apr-2010Current
Ramesh Shah Country flag representing In Director 06-Apr-2004Current
Mahendra Shah Country flag representing In Director 06-Apr-2004Current
Nitisha Sharma Country flag representing In Director 19-Mar-2020Current
Ankur Patwa Country flag representing In Director 07-Jan-2022Current

Financial Performance of Shah Foils.

Shah Foils Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.27% increase. The company also saw a substantial fall in profitability, with a 45.96% decrease in profit. The company's net worth Soared by an impressive increase of 12.95%.

Shah Foils revenue growth over time
Shah Foils 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
25.27%
Revenue from Operations
25.48%
Total Assets
8.73%
Profit or Loss
-45.96%
Net Worth
12.95%
EBITDA
-35.83%

What is the Ownership and Shareholding Structure of Shah Foils?

In 2023, Shah Foils had a promoter holding of 90.24% and a public holding of 9.76%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹304.64 Cr

Satisfied Charges

₹91.84 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 151.82 Cr
  • Hdfc Bank Limited : 105.15 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 47.67 Cr

Latest Charge Details

DateLenderAmountStatus
26 Sep 2024The Hongkong And Shanghai Banking Corporation Limited₹47.67 CrOpen
26 Sep 2024Hdfc Bank Limited₹105.00 CrOpen
15 Feb 2023Hdfc Bank Limited₹1.48 MOpen
09 Jun 2014State Bank Of India₹151.82 CrOpen
22 Mar 2021State Bank Of India₹6.00 CrSatisfied

How Many Employees Work at Shah Foils?

Shah Foils has a workforce of 325 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Shah Foils Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shah Foils, 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 Foils'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 Foils

Recent activity within the organization

  • Charges

    A charge registered on 22 Mar 2021 via Charge ID 100434733 with State Bank Of India was fully satisfied on 20 Feb 2025.

  • Charges

    A charge registered on 17 Jun 2017 via Charge ID 100107928 with Hdfc Bank Limited was fully satisfied on 05 Dec 2024.

  • Charges

    A charge registered on 11 Apr 2017 via Charge ID 100095807 with State Bank Of India was fully satisfied on 01 Nov 2024.

  • Annual General Meeting

    Shah Foils Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 47.67 Cr with Charge ID 100987471 was registered on 26 Sep 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 105.00 Cr with Charge ID 100988802 was registered on 26 Sep 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Shah Foils Limited?

    Shah Foils Limited was incorporated on 06 Apr 2004.

  • What is authorized share capital and paid-up capital of Shah Foils Limited?

    The authorized share capital of Shah Foils Limited is ₹ 7.50 Cr and paid-up capital is ₹ 6.80 Cr.

  • Who are the current board members & directors of Shah Foils Limited?

    Currently 6 directors are associated with Shah Foils Limited.

    • Lekhraj Parasmalji Kanungo
    • Kartik Ramesh Shah
    • Ramesh Manilal Shah
    • Mahendra Manilal Shah
    • Nitisha Sharma
    • Ankur Rajnikant Patwa

  • What is the registered address of Shah Foils Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shah Foils Limited is 26 Block B Galaxy Signature Science City Road, Sola India, Ahmedabad, Gujarat, 380060.

  • What is the corporate identification number (CIN) and company number of Shah Foils Limited?

    The corporate identification number (CIN) of Shah Foils Limited is U27209GJ2004PLC043927 and the company number is 043927 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Shah Foils Limited?

    The Official website of Shah Foils Limited is https://www.shahfoils.com

  • What has been the recent revenue trend for Shah Foils Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Shah Foils Limited has risen by 25.27%.

  • How many employees does Shah Foils Limited currently have?

    As Per 2023 financial reports, 325 employees are currently employed by Shah Foils Limited.

  • What change has been observed in the net worth of Shah Foils Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Shah Foils Limited has experienced an upsurge of 12.95%.

  • What are the total open charges for Shah Foils Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Shah Foils Limited amount to ₹ 304.64 Cr.

  • When was the last Balance Sheet of Shah Foils Limited filed with the ROC?

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

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Steel Manufacturing & Processing