About Suraj Ltd 
Suraj Ltd
Micro Cap
Iron & Steel Products
Suraj Limited was initially incorporated as Suraj Finsec Limited on 20 January, 1994. The name of the Company was changed to Suraj Stainless Limited on December 16, 1999 and again to Suraj Limited on June 24, 2011. Company is India's leading Manufacturer of Stainless Steel Seamless Pipes, Tubes and "U" Tubes, Flanges & Fittings with Electro polishing having plants at Thol and Chandarda, in Mehsana District of Gujarat.
Company Coordinates 
Company Details
Suraj House Ashram Road, Opp Usmanpura Garden Ahmedabad Gujarat : 380014
Registrar Details
MCS Ltd , 101 Shatdal Complex , 1st Floor, Opp. Bata Show Room, Ashram Road, Ahmedabad
Capital Structure 
Present Equity Capital
INR 18.36 Cr
Number of Shares
1.84 Cr
Face Value
INR 10.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
13-Oct-2022
1.84
18.36
-900000
10
Buy Back of Shares
24-Sep-2010
1.93
19.26
2255000
10
Amalgamation
23-Sep-2010
1.93
19.26
2255000
10
Amalgamation
14-Sep-2007
1.7
17.01
11339400
10
Bonus
13-Sep-2007
1.7
17.01
11339400
10
Bonus
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 0 FIIs
Promoter with highest holding
Anilaben Ashokkumar Shah (19.43%)
Highest Public shareholder
Dinesh Stainless Private Limited (3.74%)
Individual Investors Holdings
18.2%
Management
Designation
Remuneration
Ashok T Shah
Chairman & CFO
70.8 lacs
Gunvant T Shah
Whole-time Director
51.0 lacs
Kunal T Shah
Managing Director
60.0 lacs
Shilpa Ben Mangaldas Patel
Whole-time Director
18.12 lacs
Maunishkumar S Gandhi
Company Sec. & Compli. Officer
0
Anil Kanwal Gidwani
Non-Exec. & Independent Dir.
20.0 k
Rajesh Chimanlal Kharandi
Non-Exec. & Independent Dir.
20.0 k
Altesh Jayantilal Shah
Independent Director
0
Jagrutkumar Mehta
Independent Director
0
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
S.S. Pipe Tubes
173.92
96.93%
Other Operating Revenue
4.04
2.25%
Power
0.99
0.55%
S.S. Pipe Tubes
S.S. Pipe Tubes
Other Operating Revenue
Other Operating Revenue
Power
Power
Revenue and Profits:
Net Sales:
43 Cr
(Quarterly Results - Mar 2026)
Net Profit:
3 Cr
Iron & Steel Products
INR 413 Cr (Micro Cap)
56.00
26
0.66%
0.44
5.42%
3.03






