Shells Engineering Private Limited

Manufactures pulp and paper mill machinery, including cleaners, conveyors, pulpers, and more.

1985 | Valsad, Gujarat (India) | Active
Last Updated: November 16, 2024

Shells Engineering Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.30 M
  • Company Age 39 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.18 Cr
  • Satisfied Charges ₹ 3.14 M
  • Revenue Growth -69.03%
  • Profit Growth -2812.40%
  • Ebitda -373.46%
  • Net Worth -21.15%
  • Total Assets -11.38%

About Shells Engineering

Shells Engineering Private Limited (SEPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 November 1985 and has a history of 39 years and three months. Its registered office is in Valsad, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 1.50 M and a paid-up capital of Rs 1.30 M.

The company currently has active open charges totaling ₹1.18 Cr. The company has closed loans amounting to ₹3.14 M, as per Ministry of Corporate Affairs (MCA) records.

Rameshchandra Panchal, Parthik Panchal, and Niket Panchal serve as directors at the Company.

Company Details

  • Location

    Valsad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29100GJ1985PTC008245

  • Company No.

    008245

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Nov 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

Who are the key members and board of directors at Shells Engineering?

Board Members (3)

NameDesignationAppointment DateStatus
Rameshchandra Panchal Country flag representing In Whole-Time Director 06-Nov-1985Current
Parthik Panchal Country flag representing In Whole-Time Director 24-Dec-2013Current
Niket Panchal Country flag representing In Whole-Time Director 17-Jan-2011Current

Financial Performance of Shells Engineering.

Shells Engineering Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 69.03% decrease. The company also saw a substantial fall in profitability, with a 2812.4% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.15%.

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
-69.03%
Revenue from Operations
-76.36%
Total Assets
-11.38%
Profit or Loss
-2812.40%
Net Worth
-21.15%
EBITDA
-373.46%

What is the Ownership and Shareholding Structure of Shells Engineering?

In 2023, Shells Engineering had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.80 M

Satisfied Charges

₹3.14 M

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 0.68 Cr
  • Others : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
18 Nov 2010Others₹5.00 MOpen
18 Nov 2010Bank Of Baroda₹6.80 MOpen
01 Jan 1992State Bank Of Saurashtra₹0.10 MSatisfied
19 Jul 1990State Bank Of Saurashtra₹0.55 MSatisfied
06 Oct 1988Gujarat State Financial Corporation₹2.48 MSatisfied

How Many Employees Work at Shells Engineering?

Unlock and access historical data on people associated with Shells Engineering, 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 Shells Engineering, 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 Shells Engineering'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 Shells Engineering

Recent activity within the organization

  • Annual General Meeting

    Shells Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Shells Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 5.00 M registered on 18 Nov 2010 with Charge ID 10255843 was modified on 27 Apr 2016.

    27 Apr 2016

  • Charges

    A charge with Bank Of Baroda of Rs. 6.80 M registered on 18 Nov 2010 with Charge ID 10256786 was modified on 14 Mar 2014.

    14 Mar 2014

  • Director Appointment

    Parthik Rameshbhai Panchal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 24 Dec 2013 & has been associated with this company since 11 years 2 months .

    24 Dec 2013

  • Director Appointment

    Niket Ramesh Panchal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 17 Jan 2011 & has been associated with this company since 14 years 1 month .

    17 Jan 2011

Frequently asked questions

  • Shells Engineering Private Limited was incorporated on 06 Nov 1985.

  • The authorized share capital of Shells Engineering Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.30 M.

  • Currently 3 directors are associated with Shells Engineering Private Limited.

    • Rameshchandra Keshavlal Panchal
    • Parthik Rameshbhai Panchal
    • Niket Ramesh Panchal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shells Engineering Private Limited is Plot No 322/2A Gidcvapi- India, Dist Valsad, Gujarat, 396195.

  • The corporate identification number (CIN) of Shells Engineering Private Limited is U29100GJ1985PTC008245 and the company number is 008245 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shells Engineering Private Limited has fallen by -69.03%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shells Engineering Private Limited has experienced an downturn of -21.15%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shells Engineering Private Limited amount to ₹ 1.18 Cr.

  • The most recent Balance Sheet for Shells Engineering Private Limited was filed with the ROC on 31 Mar 2024.

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