About Ratnamani
Ratnamani is a company based in Ahmedabad (India) founded in 1983 by Prashant Sanghvi. The company has 3,160 employees. Ratnamani has completed 1 acquisition, including Ravi Technoforge. Ratnamani offers products and services including Stainless Steel Pipes and Tubes and Carbon Steel Pipes.
- Headquarter Ahmedabad, India
- Employees 3,160
- Founders Prashant Sanghvi
- Stage Public
- Website ratnamani.com
- Social LinkedIn
- Legal Name Ratnamani Metals & Tubes Ltd.
- Annual Revenue₹4,616 Cr
FY 2026 · -12% YoY
- Net Profit₹534 Cr
FY 2026 · 12% margin
- EBITDA₹869 Cr
FY 2026 · 19% margin
- Latest Funding Round$4.5M (USD), Post-IPO
Aug 2016
- InvestorsElevation Capital
& 1 more
- Employee Count3,160
- Investments & Acquisitions
Associated legal entities of Ratnamani
Ratnamani operates through Ratnamani Metals And Tubes Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ratnamani Metals And Tubes Limited Listed CIN L70109GJ1983PLC006460 | Active | 15 Sep 1983 | Ahmedabad, Gujarat | ₹4,616 Cr | 2,784 | 13 | View details |
Products & Services of Ratnamani
Ratnamani offers a comprehensive portfolio of products and services, including Stainless Steel Pipes and Tubes and Carbon Steel Pipes.
Stainless steel pipes and tubes are manufactured for various industrial uses, focusing on quality and customer requirements.
Carbon steel pipes are produced along with related services like coating and bending to support industrial applications.
Funding Insights of Ratnamani
- Total Rounds 3
- Last Round Post-IPO — $4.5M
- Investors Count 2
All 3 funding rounds of Ratnamani with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2016 | $4.5M | Post-IPO | – | – | |
| Jan 2012 | $472,367 | Post-IPO | – | – | |
| Dec 2010 | – | Post-IPO | – | – |
2 investors in total: 2 institutional.
Investors in Ratnamani
Ratnamani has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Elevation Capital and Nalanda Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Elevation Capital is focused on early-stage tech investments in India. | – | elevationcapital.com | Delhi, India | |
Investment in exceptional businesses within Indian public markets, focusing on small to mid-cap companies. | 2007 | nalandacapital.com | - |
Investor details for Ratnamani
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Ratnamani Metals And Tubes Limited (Ratnamani)
Ratnamani Metals And Tubes Limited is the primary company behind Ratnamani. The board of Ratnamani Metals And Tubes Limited currently have 10 directors; the longest-serving is Jayanti Mishrimal Sanghvi, appointed in 1989. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jayanti Mishrimal Sanghvi DIN 00006178 | Managing Director | 12 Jun 1989 | 37 yrs 3 mo | Ratnamani Metals And Tubes Limited |
| Prakash Misrimal Sanghvi DIN 00006354 | Managing Director | 01 Nov 2007 | 18 yrs 11 mo | Ratnamani Metals And Tubes Limited |
| Shantilal Mishrimal Sanghvi DIN 00007955 | Whole-time director | 01 Nov 2007 | 18 yrs 11 mo | Ratnamani Metals And Tubes Limited |
| Dhinal Ashvinbhai Shah DIN 00022042 | Director | 13 Feb 2023 | 3 yrs 7 mo | Ratnamani Metals And Tubes Limited |
| Rajesh Gajendrabhai Desai DIN 09834047 | Director | 13 Feb 2023 | 3 yrs 7 mo | Ratnamani Metals And Tubes Limited |
| Sushil Solanki DIN 09630096 | Director | 13 Feb 2023 | 3 yrs 7 mo | Ratnamani Metals And Tubes Limited |
| Sangeetha Chhajed DIN 10698049 | Director | 18 Jul 2024 | 2 yrs 2 mo | Ratnamani Metals And Tubes Limited |
| Manoj Prakash Sanghvi DIN 00027040 | Whole-time director | 11 Sep 2024 | 2 yrs | Ratnamani Metals And Tubes Limited |
| Rajendra Shantilal Shah DIN 00061922 | Director | 11 Sep 2024 | 2 yrs | Ratnamani Metals And Tubes Limited |
| Prashant Jayantilal Sanghvi DIN 00631700 | Whole-time director | 11 Sep 2024 | 2 yrs | Ratnamani Metals And Tubes Limited |
People of Ratnamani
108 people are tracked at Ratnamani (17 in leadership, 6 in board & advisors, 85 in team); the tracked headcount is 3,160.
| Name | Role | Group |
|---|---|---|
| Founder & Owner | Leadership | |
| Managing Director | Leadership | |
Ganesh Iyer | Vice President | Leadership |
Vijay Kaul | Sr. General Manager -marketing | Leadership |
R S Patel Rsp | Senior Vice President | Leadership |
Manjinder Randhawa | Sr General Manager | Leadership |
Adwait D. Paranjpe | Vice President - QA And QC | Leadership |
Alkesh Sharma | Deputy General Manager (marketing) | Leadership |
Jeetu Sanghvi | HR HEAD | Leadership |
Jayesh Saluja | Vice President - Group HR | Leadership |
Dhirendra M Sharma | Vice President | Leadership |
Prakash Pandya Ratnamani | Deputy General Manager Marketing Stainless Steel Division ( Segment Head - Welded Tubes ) | Leadership |
Manjinder Singh Randhawa | Vice President [Operations Seamless Stainless Steel Division] | Leadership |
Rakesh Sharma | General Manager | Leadership |
Yash Sanghvi | Head- Marketing (seamless Products) | Leadership |
Pragnesh Patel | HEAD - EHS & Sustainablity | Leadership |
Anil Jhunjhunwala | Sr General Manager Marketing | Leadership |
| Chairman | Board & advisors | |
Shanti Sanghvi | Director | Board & advisors |
Nidhi Gadhecha | Director | Board & advisors |
88 more people are available in the full profile.
Complete people profiles for Ratnamani
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Ratnamani
Ratnamani is a publicly listed company on the NSE with ticker symbol RATNAMANI in India, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date09 May 2006
- Listed onNSE: RATNAMANI
- Listed entityRatnamani Metals & Tubes Ltd.
- Exchange sectorNon-energy minerals
- ISININE703B01027
- Share price₹2,523.60 (+0.99% on the day) · 2026-10-09
- Market capitalisation₹17,647 Cr
- Price to earnings40.9
- EPS (diluted, trailing year)₹61.72
- Dividend yield0.4%
- Volume (last session)26,313
Financials of Ratnamani
Figures of Ratnamani Metals And Tubes Limited, the primary company behind Ratnamani, for FY 2026. Revenue was ₹4,616 Cr (-12% year on year). Net profit was ₹534 Cr (12% margin). EBITDA was ₹869 Cr (19% margin). Revenue has grown at a compounded annual rate of +1% over three years and +15% over five years.
- ₹4,616 CrRevenue · FY 2026 · -12% YoY
- ₹534 CrNet profit · 12% margin
- ₹869 CrEBITDA · 19% margin
- ₹14.02 CrPaid-up capital
- 2,784Employees (provident fund records)
- +1%Revenue CAGR, 3 years
- +15%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | ₹4,494 Cr | ₹483 Cr | ₹777 Cr |
| 2024 | ₹5,186 Cr | ₹544 Cr | ₹837 Cr |
| 2023 | ₹5,059 Cr | ₹623 Cr | ₹907 Cr |
| 2022 | ₹4,474 Cr | ₹510 Cr | ₹784 Cr |
| 2021 | ₹3,139 Cr | ₹323 Cr | ₹503 Cr |
Balance sheet, profit and loss, cash flow and ratios of Ratnamani Metals And Tubes Limited are on its company page.
Detailed financial statements for Ratnamani
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Ratnamani
Ratnamani has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ravi Technoforge.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
High precision forged products are manufactured for the automotive sector. | ravitechnoforge.com | Rajkot, India | 1990 | Oct 2022 | •••• |
Complete acquisition details for Ratnamani
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Ratnamani
5 dated milestones of Ratnamani across 39 years, from founding to its latest funding, stage changes and deals.
- Founded Ratnamani is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round.
- Funding Latest funding round, Post-IPO, of $4.5M.
- Acquisition Acquires Ravi Technoforge.
Web traffic of Ratnamani
The website of Ratnamani (ratnamani.com) receives about 11.8K visits a month.
- Monthly visits11.8K
▼ 8.6% vs previous month
Websites whose visitors overlap most with Ratnamani. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| surajgroup.com | 100% | 2.6K | #6,366,089 | View details | |
| prakashsteelage.com | 98% | 1.1K | #13,193,464 | View details | |
goodlucksteel.com | goodlucksteel.com | 87% | – | – | – |
steel-pipes.net | steel-pipes.net | 87% | – | – | – |
| aplapollo.com | 86% | 45.7K | #688,547 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Ratnamani
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Ratnamani
Complete news archive for Ratnamani
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Ratnamani
Ratnamani was founded in 1983 and raised its 1st funding round 27 years after it was founded.
Ratnamani is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Ratnamani has 3,160 employees.
The primary company behind Ratnamani, Ratnamani Metals And Tubes Limited, reported revenue of ₹4,616 Cr for FY 2026, down 12% year on year.
Ratnamani was established in 1983 in Ahmedabad, India, within the manufacturing sector focused on metal pipes and tubes. Stainless steel and carbon steel variants are produced, including welded tubes from nickel alloy and titanium. Coating solutions are applied, and induction bending services are offered to support fabrication needs. These products serve multiple industrial sectors across various applications.
Ratnamani offers Stainless Steel Pipes and Tubes and Carbon Steel Pipes.
Yes, Ratnamani is publicly traded on NSE under the ticker symbol RATNAMANI.
Ratnamani has made 1 acquisition, including Ravi Technoforge.
Ratnamani has 2 investors. Key investors include Elevation Capital, and Nalanda Capital.
Ratnamani operates through Ratnamani Metals And Tubes Limited.
The legal entities of Ratnamani currently have 12 directors, including Jayanti Mishrimal Sanghvi, Anil Chanchal Chand Maloo, Prakash Misrimal Sanghvi and others.