Shah Metacorp Ltd
NSE: SHAH BSE: 533275
₹4.63
(-1.07%)
Wed, 01 Apr 2026, 09:35 am
Market Cap4.12B
PE Ratio34.22
Dividend0
Non-Energy Minerals
Steel
24.5KCompany History
1999
- The Company was originally incorporated as Shreenath Mineral Metal Private Limited.
2004
- The name of the company was changed from Shreenath Mineral Metal Private Limited to Gyscoal Alloys Private Limited.
- Purchased of a steel rolling unit from Shah Alloys Group with an Installed Rolling Capacity of 6,000 MTPA.
- Rs. 95 lacs raised by way of Term loan with UCO Bank.
- Equity Share Capital of Rs. 123.57 lacs raised by issuing 12,35,688 equity shares.
2005
- The company took over a steel rolling mill business with a capacity of 6000 MT per annum from Shah Alloys Group at Ubkhal, Mehsana and started manufacturing of rolled products.
- The rolling mill capacity was increased by another 12000 MT per annum to take the total rolling mill capacity to 18000 MT per annum.
2006
- Gyscoal alloys Limited got ISO 9001:2000 certification from BSI Management Systems
- The Company started its Steel Melting Shop with a capacity of 12,000 MT per annum
- Equity Share Capital of Rs. 40 lacs raised by issuing 4,00,000 equity shares.
- The Company changed its name to Gyscoal Alloys Limited and became a public limited company.
2007
- Changes in the Main Objects of the Object Clause of the Memorandum of Association of the Company.
- Company has initiated direct exports to various Far East Asian Countries.
- Equity Share Capital of Rs. 115.00 lacs raised by issuing 11,50,000 equity shares.
- Rs. 20 Lacs raised by the company by issuing 50,000 equity shares at a premium of Rs. 30 per share.
- Bonus issue in the ratio of 6:11 was made by the company by issuing 22,75,520 equity shares.
- Rs. 226.86 lacs raised by the company by issuing 1,41,786 equity shares at a premium of Rs. 150 per share.
2008
- The Company increased the Capacity of its Steel Melting Shop to 18,000 MT per annum.
2009
- Company has developed the Bright Bar Unit and started the operation of the unit during the year.
- Reschedulement of the quarterly installments of the term loan with UCO Bank.
- Gyscoal alloys Limited got ISO 9001:2008 certification for the manufacture and supply of stainless steel and mild steel based angles, channels, flats, round, square, bright, twisted bars, billets and ingots adhering to IS 2062 & IS 1786 from BSI Management Systems
- Rs.1000.00 Lacs raised by the company by issuing 15,38,460 equity shares at a premium of Rs.55 per share.
2011
- Mr. Vijay Ranjan has been appointed as Additional Director (Independent Director) of the Company.
2012
- Mr. Surendra Patel is appointed as Additional Director (Independent Director) of the Company.
2013
- Gyscoal Alloys acquires majority stake in Thai Indo Steel.
2014
- Mr. Dileep Panchal has been appointed as Company Secretary and Compliance Officer of the Company.
2022
- The company issued rights shares of Rs. 1 in the ratio of 110:100 at a premium of Rs. 1.75 per share.
2023
- Company name changed to Shah Metacorp Ltd. from Gyscoal Alloys Ltd.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800