Shah Foils
Shah Foils Limited is an Indian manufacturer of cold-rolled stainless steel coils, strips, and circles, supplying industrial manufacturers across kitchenware, automotive, and industrial equipment segments with 87,000 MT of combined annual capacity.
- Company typePrivate
- Founded2001
- HeadquartersGandhinagar, India
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
What Shah Foils does
Shah Foils Limited is an Indian private manufacturer founded in 2001 and headquartered in Santej (Kalol), Gandhinagar, Gujarat, that produces and exports cold-rolled stainless steel coils, strips, and circles. Its core products span 200, 300, and 400 series stainless steel grades with thicknesses from 0.08mm to 3.00mm and widths from 3mm to 620mm, supplied in coils, strips, and circles with multiple surface finishes (2B, BA/2R, 2H), temper options (annealed through extra hard), and edge conditions (mill, slit, deburred, round). The company operates two production capabilities: a primary facility with 75,000 MT of annual installed capacity producing standard coils and strips, and a Special Product Division with 12,000 MT of annual capacity for precision strips using a specialized 20-Hi Sendzimir cold rolling mill with IMR Shifting, Mill Tilting, and Shape meter capabilities. Manufacturing is supported by bright-annealing, slitting, deburring, tension leveling, and cut-to-length equipment, with in-house quality testing including Rockwell and Vickers hardness, surface roughness, UTM, and Erichsen cupping instruments.
The company sells directly to industrial manufacturers across kitchenware, automotive, construction, and industrial equipment segments through a regional sales office model — a registered office in Ahmedabad, the Santej factory, and a Northern Region sales office in Delhi — plus export sales to multiple countries. Pricing is quote-based and tailored to grade, dimension, finish, and hardness specifications, with no publicly disclosed price list; customers submit enquiries through the website or contact regional sales representatives. The go-to-market is enterprise field sales with technical specifications and custom manufacturing as the primary differentiator, rather than standardized catalog selling. Products comply with ASTM, ASME, EN, and JIS international standards.
Shah Foils firmographics
Firmographics- Name
- Shah Foils
- Legal name
- Shah Foils Limited
- Website
- https://shahfoils.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Shah Foils Limited is an Indian manufacturer of cold-rolled stainless steel coils, strips, and circles, supplying industrial manufacturers across kitchenware, automotive, and industrial equipment segments with 87,000 MT of combined annual capacity.
- Ownership category
- akta.pro rank
Shah Foils industry classification
Industry- Product category
- Stainless Steel Manufacturing
- NAICS
- Forging and Stamping (3321), Custom Roll Forming (332114)
- SIC
- Rolling Drawing & Extruding Of Nonferrous Metals (3350)
- akta.pro industry
- Cold Rolling & Finishing (Cold-Rolled Coil/Sheet, Temper, Skin Pass)Hot Rolling & Primary Mills (Plate, Hot-Rolled Coil/Sheet, Strip)
Keywords
Where Shah Foils is headquartered
LocationHeadquarters
- HQ city
- Gandhinagar
- HQ country
- India
- HQ region
- Asia
Offices3 records
Markets served
Shah Foils business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Cold Rolled Stainless Steel Products: Manufacture and sale of cold rolled stainless steel coils, strips, and circles. Products are sold based on specifications including grade, dimensions, finish, and temper requirements. Revenue is generated through direct sales of manufactured products with custom specifications available.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Quote-based pricing for custom stainless steel products |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Shah Foils product offering
Product offeringCore offering
Shah Foils Limited manufactures and exports cold-rolled stainless steel coils, strips, and circles. The company produces these in 200, 300, and 400 series grades with thicknesses from 0.08mm to 3.00mm, widths from 3mm to 620mm, multiple finishes (2B, BA/2R, 2H), and various temper and edge conditions, all manufactured to ASTM, ASME, EN, and JIS international standards. It operates a 75,000 MT standard production facility and a 12,000 MT Special Product Division featuring a 20-Hi Sendzimir cold rolling mill for precision strips.
Product overview
Shah Foils Limited is a manufacturer of cold rolled stainless steel products including coils, strips, and circles. The company operates two main production capabilities: the primary facility with 75,000 MT annual capacity producing standard coils and strips, and the Special Product Division (recent expansion) with 12,000 MT annual capacity for precision strips using advanced 20-Hi Sendzimir cold rolling technology. Products span 200, 300, and 400 series stainless steel grades with various finishes (2B, BA/2R, 2H), temper conditions, and edge options. The product line includes Stainless Steel Circles, Stainless Steel Coils, and Stainless Steel Strips, all manufactured to ASTM, ASME, EN, JIS, and other international standards.
Differentiator
Problem solved
Functional benefit
Products and services
- Stainless Steel Coils Cold rolled stainless steel coils available in various grades (200, 300, 400 series), thicknesses from 0.08mm to 3.00mm, widths from 3.00mm to 620mm, and multiple finishes, manufactured for industrial manufacturers requiring raw stainless steel for further processing.
- Stainless Steel Strips Cold rolled precision stainless steel strips with multiple finishes (2B, BA/2R, 2H), temper options (Annealed, 1/4 Hard, 1/2 Hard, 3/4 Hard, Full Hard, Extra Hard), and edge conditions (Mill Edge, Slit Edge, Deburred Edge, Round Edge) for industrial customers requiring high-precision strip steel.
- Stainless Steel Circles Cold rolled stainless steel circles manufactured to meet international quality standards (ASTM, ASME, EN, JIS) for various industrial applications including cookware, kitchenware, and industrial component manufacturing.
Quantifiable outcome
- Annual installed capacity of 75,000 MT ensuring ability to fulfill large orders
- +2 more outcomes
Companies that use Shah Foils
Customer profileSegments1 record
Ideal customer profiles1 record
Shah Foils technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Shah Foils partnerships and signals
Strategic signalScale indicators4 records
Recent moves1 record
Expansion highlights3 records
Shah Foils competitors and assessment
Company assessmentDirect peers
- Aperam S.A. Luxembourg-based stainless and specialty alloys producer focused on cold-rolled flat products. Direct peer in precision stainless strip and coil manufacturing with similar technology intensity and customer mix.
- Allegheny Technologies Incorporated (ATI): US-based specialty metals producer with stainless steel flat-rolled products and precision strip capabilities. Direct competitor in high-specification stainless flat products including cold-rolled strip for industrial applications.
- North American Stainless (NAS): US-based subsidiary of Acerinox producing stainless steel flat products including cold-rolled coils and strips. Direct peer in cold-rolled stainless manufacturing with similar technical specifications and industrial customer base.
- Outokumpu Oyj: Global leader in stainless steel cold-rolled coil, strip, and sheet production headquartered in Finland. Direct competitor in cold-rolled stainless flat products with overlapping precision strip capabilities and similar customer base in industrial and automotive applications.
- Acerinox S.A. Spanish-headquartered global stainless steel manufacturer with cold rolling operations across Europe, Americas, and South Africa. Direct competitor in cold-rolled stainless coil and strip markets serving similar industrial end-uses.
Regional players
- Mukand Limited: Indian specialty steel producer manufacturing stainless steel wire rods, bars, and sections. Comparable Indian stainless peer in serving industrial customers, though focused on long products rather than flat rolled coil/strip.
- Viraj Profiles Limited: India's largest stainless steel long products manufacturer and exporter. Comparable Indian stainless peer serving overlapping industrial customer base, though focused on long products rather than cold-rolled flat products.
- Yieh United Steel Corporation (YUSCO): Taiwanese stainless steel cold-rolled coil and strip producer serving global markets. Comparable in producing precision cold-rolled stainless products for industrial and consumer applications, though primarily serving Asian export markets.
Broad incumbents
- Steel Authority of India Limited (SAIL): India's largest state-owned steel producer with stainless steel offerings through the Salem plant. Comparable in producing stainless flat products for industrial markets, though as a diversified steel major with much broader product portfolio.
- Jindal Stainless Limited: India's largest stainless steel manufacturer with integrated melting, hot-rolling, and cold-rolling operations. Directly comparable as a stainless flat products producer serving overlapping industrial customers, but with substantially broader scale and backward integration into raw materials.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Shah Foils social profiles
Digital presenceShah Foils financial estimates
Financial estimateRevenue estimate
Valuation estimate
Shah Foils leadership team
Management profileNumber of profiles
Shah Foils subsidiaries and ownership
Company hierarchySubsidiaries1 record
Shah Foils funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Shah Foils M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Shah Foils
What does Shah Foils do?
Shah Foils Limited manufactures and exports cold-rolled stainless steel coils, strips, and circles. The company produces these in 200, 300, and 400 series grades with thicknesses from 0.08mm to 3.00mm, widths from 3mm to 620mm, multiple finishes (2B, BA/2R, 2H), and various temper and edge conditions, all manufactured to ASTM, ASME, EN, and JIS international standards. It operates a 75,000 MT standard production facility and a 12,000 MT Special Product Division featuring a 20-Hi Sendzimir cold rolling mill for precision strips.
Is Shah Foils a public or private company?
Shah Foils is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Shah Foils founded?
Shah Foils was founded in 2001. It employs 251 to 500 people.
Where is Shah Foils based?
Shah Foils is headquartered in Gandhinagar, India, in the Asia region.
How does Shah Foils make money?
One revenue line is on record: cold Rolled Stainless Steel Products.
Who are Shah Foils's main competitors?
Direct peers on record are Aperam S.A., Allegheny Technologies Incorporated (ATI), North American Stainless (NAS), Outokumpu Oyj and Acerinox S.A.. Regional players are Mukand Limited, Viraj Profiles Limited and Yieh United Steel Corporation (YUSCO). Broad incumbents are Steel Authority of India Limited (SAIL) and Jindal Stainless Limited.
Does Shah Foils have an API?
No public API is recorded for Shah Foils.
What industry is Shah Foils in?
Shah Foils's product category is Stainless Steel Manufacturing. Its primary akta.pro industry code is IMAKABAF, Cold Rolling & Finishing (Cold-Rolled Coil/Sheet, Temper, Skin Pass), with a secondary code of IMAKABAE, Hot Rolling & Primary Mills (Plate, Hot-Rolled Coil/Sheet, Strip). Its NAICS code is 3321 and its SIC code is 3350.