Shah Metacorp Ltd
2.75
INR
-0.03
(-1.08%)
ISIN
INE482J01021
Return %
Stock
S&P 500
1Y
-35.16
14.20
3Y
-0.04
81.12
5Y
41.92
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
INR
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in mil. unless spec.Company Description
- CEO
- Viral Mukundbhai Shah
- Full Time Employees
- 73
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- Mrudul Tower Ahmedabad GU India 380009
- IPO Date
- Oct 27, 2010
- Website
- gyscoal.com
- Similar Companies
- Business
- Shah Metacorp Limited is an India-based company primarily engaged in the manufacturing and export of stainless steel long products. Its product portfolio includes stainless steel equal angle bars; bright (round) bars; flat bars; black bars; hexagonal bars; round corner squares (RCS); channels; structural sections; pata-patti; and rectangles in standard sizes. The company manufactures various grades of stainless steel products ranging from 200 series to 400 series, catering to both domestic and international markets. Shah Metacorp operates manufacturing plants in Kukarwada, Gujarat, employing advanced Corex steel technology and statistical quality control methods throughout production. The company serves a broad market with exports to countries such as Thailand, the Philippines, Vietnam, Ireland, Turkey, Malaysia, Indonesia, Kenya, Jordan, Yemen, Syria, UAE, Bangladesh, Germany, Colombia, Canada, and Egypt. Shah Metacorp's customer base includes industrial users requiring high-quality stainless steel products for diverse applications in construction, engineering, and manufacturing sectors. Founded over 25 years ago and headquartered in Ahmedabad, Gujarat, the company was formerly known as Gyscoal Alloys Limited before its name changed to Shah Metacorp Limited on April 3, 2023. Recent significant developments include a strategic investment agreement announced in early 2024 where Sellwin Traders Ltd decided to invest approximately Rs 200 million over two years to support expansion initiatives, enhance production capacities, strengthen research and development, and explore new market segments. Additionally, Shah Metacorp made strategic acquisitions in March 2024, acquiring a 66.67% stake in Patel & Patel E-Commerce And Services Pvt Ltd, a software development company, and a 60% stake in Mannibhadra Aggro Pvt Ltd, an agriculture-focused entity. In January 2025, Shah Metacorp agreed to acquire a 50.01% stake in Western Urja Private Limited, further diversifying its operations. These moves reflect the company's strategic expansion beyond core steel manufacturing into technology and agriculture sectors. Shah Metacorp operates primarily within the metals and steel manufacturing industry segment, targeting industrial clients while expanding market reach through exports and technological investments. Its long-standing presence, technological adaptation, and recent strategic investments position it as a dynamic player in India's stainless steel product market and adjacent sectors. The company remains committed to quality, operational efficiency, and sustainable growth, leveraging its Gujarat base and export networks to maintain competitive advantage.