Shah Foils Limited

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:

June 15, 2024
HomeCompanyShah Foils Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Kartik Shah InManaging Director06-Apr-2004Current

Board Members(5)

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

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹202.47 Cr

₹47.84 Cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 15 Feb 2023
₹1.48 MOpen

State Bank Of India

Creation Date: 22 Mar 2021
₹6.00 CrOpen

Hdfc Bank Limited

Creation Date: 17 Jun 2017
₹23.00 CrOpen

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.

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Latest Updates, News, and FAQs on Shah Foils

Recent activity within the organization

  • Charges

    A charge registered on 16 Mar 2021 via Charge ID 100434309 with Hdfc Bank Limited was fully satisfied on 06 Dec 2023.

    06 Dec 2023

  • Annual General Meeting

    Shah Foils Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Shah Foils Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100685079 was registered on 15 Feb 2023.

    15 Feb 2023

  • Charges

    A charge registered on 28 Jul 2020 via Charge ID 100359497 with State Bank Of India was fully satisfied on 25 Nov 2022.

    25 Nov 2022

  • Charges

    A charge with State Bank Of India of Rs. 151.82 Cr registered on 09 Jun 2014 with Charge ID 10504414 was modified on 21 Feb 2022.

    21 Feb 2022

Frequently asked questions

  • Shah Foils Limited was incorporated on 06 Apr 2004.

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

  • Currently 6 directors are associated with Shah Foils Limited.

    • Lekhraj Parasmalji Kanungo
    • Mahendra Manilal Shah
    • Ramesh Manilal Shah
    • Kartik Ramesh Shah
    • Ankur Rajnikant Patwa
    • Nitisha Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shah Foils Limited is 26 Block B Galaxy Signature Science City Road Sola, Ahmedabad, Gujarat, India, 380060.

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

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

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

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

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

  • As per the financial statements for fiscal Year 2023, The total open charges for Shah Foils Limited amount to ₹ 202.47 Cr.

  • The most recent Balance Sheet for Shah Foils Limited was filed with the ROC on 31 Mar 2023.

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