ActiveAhmedabad, GujaratSince 2004

Shah Foils Limited

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Set up in 2004 in Ahmedabad. It has pledged its assets against loans of up to ₹194.71 crore from 3 lenders.

CINU27209GJ2004PLC043927
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22 years at a glance

Loans against its assets, and when today's people joined

20062008201020122014201620182020202220242026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegistered as a companyBank of Baroda, up to ₹13.25 crore, 4 Aug 2004 to 20 Jul 2005State Bank of India, up to ₹12.25 crore, 31 Mar 2005 to 19 Jul 2017Srei Infrastructure Finance Limited, up to ₹7.85 crore, 22 Sept 2008 to 25 Feb 2009State Bank of India, up to ₹151.82 crore, 9 Jun 2014 to 14 Aug 2025IDBI Bank Limited, up to ₹3 crore, 30 Jul 2015 to 21 Aug 2017State Bank of India, up to ₹15 crore, 11 Apr 2017 to 1 Nov 2024HDFC Bank Limited, up to ₹23 crore, 17 Jun 2017 to 5 Dec 2024State Bank of India, up to ₹5 crore, 28 Jul 2020 to 25 Nov 2022HDFC Bank Limited, up to ₹6.49 crore, 16 Mar 2021 to 6 Dec 2023State Bank of India, up to ₹6 crore, 22 Mar 2021 to 20 Feb 2025HDFC Bank Limited, up to ₹14.79 lakh, 15 Feb 2023 to still openThe Hongkong and Shanghai Banking Corporation Limited, up to ₹47.67 crore, 26 Sept 2024 to still openHDFC Bank Limited, up to ₹106.89 crore, 26 Sept 2024 to still openICICI Bank Limited, up to ₹40 crore, 21 Mar 2025 to still open
Loan still openLoan paid offSomeone joined, and is still there
  • 2004Registered as a company on 6 Apr 2004.
  • 2014Its biggest loan against assets, ₹151.82 crore with State Bank of India, was paid off in 2025.

Who runs it

This page does not list its directors yet. Open the company in Entiva to see who runs it on MCA's register today.

Who has lent to it

₹194.71 crorein loans backed by its assets, from 3 lenders

  • HDFC Bank Limited₹107.04 crore

    2 open loans, taken out 2023 to 2024

  • The Hongkong and Shanghai Banking Corporation Limited₹47.67 crore

    Open, taken out 26 Sept 2024

  • ICICI Bank Limited₹40 crore

    Open, taken out 21 Mar 2025

10 earlier loans, now paid off
  • State Bank of India22 Mar 2021 to 20 Feb 2025₹6 crore
  • HDFC Bank Limited16 Mar 2021 to 6 Dec 2023₹6.49 crore
  • State Bank of India28 Jul 2020 to 25 Nov 2022₹5 crore
  • HDFC Bank Limited17 Jun 2017 to 5 Dec 2024₹23 crore
  • State Bank of India11 Apr 2017 to 1 Nov 2024₹15 crore
  • IDBI Bank Limited30 Jul 2015 to 21 Aug 2017₹3 crore
  • State Bank of India9 Jun 2014 to 14 Aug 2025₹151.82 crore
  • Srei Infrastructure Finance Limited22 Sept 2008 to 25 Feb 2009₹7.85 crore
  • State Bank of India31 Mar 2005 to 19 Jul 2017₹12.25 crore
  • Bank of Baroda4 Aug 2004 to 20 Jul 2005₹13.25 crore

What its filings add

Shah Foils files these with the registrar. Entiva fetches and reads them for you.

  • Every year · AOC-4

    Revenue, profit and the balance sheet

    Its financial statements, year by year.

  • Every year · MGT-7

    Who owns it

    Its shareholders, and how much each one owns.

  • Each loan · CHG-1

    Each loan in detail

    The terms, and which assets back each loan.

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The details on this page come from public records, including MCA's register of companies as Entiva read it on . Things may have changed since. A loan amount is the most the lender can claim against the company's assets, not what is still owed.