Banashankari Pipes Private Limited

Banashankari Pipes Private Limited - manufacturing in Karnataka, India. FY 2026 financials & compliance.
CIN U27109KA2005PTC035602 Incorporated 14 February 2005 ROC Bangalore HQ Karnataka, India
Active Private Limited Company manufacturing MSME
Data last updated
Revenue · FY 2025
₹137.66 Cr
▼ 5% YoY
Net profit · FY 2025
₹2.71 Cr
Net margin 2%
EBITDA · FY 2025
₹4.08 Cr
EBITDA margin 3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹1.5 Cr
Secured borrowings
Company age
21 yrs
Est. 2005
Directors on board
5
As per MCA filings

About Banashankari Pipes Private Limited

Data last updated:

Banashankari Pipes Private Limited is a private limited company based in Karnataka, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 14 February 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27109KA2005PTC035602. Its GSTIN is 29AACCK5360J2Z9 (Karnataka). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Kapila Pipes Private Limited. It is led by directors including Yogi Prakash Chugh and Radha Prakash Chugh.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.166 Lalbagh Road4Th Cross Bangalore., Karnataka, India.

As per the financials filed for FY 2025, the company reported a revenue of ₹137.66 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹2.71 Cr (net margin 2%) and EBITDA of ₹4.08 Cr (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 25% over five years.

As per MCA filings, the company has open charges of ₹1.5 Cr on record. Court records list 45 cases involving the company, including 44 filed by the company and 1 filed against it; 8 cases are pending.

Banashankari Pipes Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-11-0011692). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website banashankaripipes.com.

Company details

CIN U27109KA2005PTC035602
Registration Number 035602
Incorporation Date 14 February 2005
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TN-11-0011692
Key People
Yogi Prakash Chugh Director Radha Prakash Chugh Director Prakash B Chugh Director

Recognitions & Rankings of Banashankari Pipes

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-TN-11-0011692

Contact details

Banashankari Pipes Private Limited's registered office is in Karnataka. Its website is banashankaripipes.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    banashankaripipes.com
  • Registered Address
    No.166 Lalbagh Road4Th Cross Bangalore., Karnataka, India
  • Industry
    Manufacturing, Pipe & Tubes

To see the full contact details of Banashankari Pipes Private Limited, buy the company report.

Comprehensive company report
Banashankari Pipes Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Banashankari Pipes is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Banashankari Pipes Private Limited, buy the company report.

Financials of Banashankari Pipes Private Limited

FY 2025 filings available

Banashankari Pipes Private Limited reported revenue of ₹137.66 Cr (down 5% YoY) for FY 2025.

Revenue · FY 2025
₹137.66 Cr ▼ 5%
Net profit · FY 2025
₹2.71 Cr margin 2%
EBITDA · FY 2025
₹4.08 Cr margin 3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 14%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 13%
5 years · compounded
▲ 26%

Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA fell 3% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.08 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.71 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3%
Net Profit Margin2%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Banashankari Pipes Private Limited, buy the company report.

Board of directors of Banashankari Pipes Private Limited

Banashankari Pipes has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Yogi Prakash ChughDirector14 Feb 200521 Years 8 MonthsCurrent
Radha Prakash ChughDirector14 Feb 200521 Years 8 MonthsCurrent
Prakash B ChughDirector10 Mar 20197 Years 7 MonthsCurrent
Nicky Prakash ChughDirector14 Feb 200521 Years 8 MonthsCurrent
Neetu Prakash ChughDirector14 Feb 200521 Years 8 MonthsCurrent
View all directors

Auditor

Banashankari Pipes Private Limited is audited by P R V AND COMPANY for the financial year 2023.

Auditor firmFinancial yearFirm registration number
P R V AND COMPANYFY 2023011669S

Shareholding

The shareholding of Banashankari Pipes Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Banashankari Pipes Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹1.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Dec 2022100665836Others₹50 LakhOpen
17 Jul 2019100277369Others₹1 CrOpen

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Banashankari Pipes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Banashankari Pipes has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AACCK5360J2Z9KarnatakaActive01 May 2019
33AACCK5360J1ZLTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Banashankari Pipes Private Limited, buy the company report.

Recent activity

Banashankari Pipes Private Limited has 6 board changes on record since 2005: 5 appointments and 1 cessation. The latest: Prakash B Chugh was appointed as Director on 10 Mar 2019.

AGM
Banashankari Pipes Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Banashankari Pipes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100665836 was registered on 29 Dec 2022.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100277369 was registered on 17 Jul 2019.
Appointed
Prakash B Chugh was appointed as Director.
Ceased
Prakash B Chugh ceased to be Director.
Appointed
Neetu Prakash Chugh was appointed as Director.
Appointed
Nicky Prakash Chugh was appointed as Director.
Appointed
Radha Prakash Chugh was appointed as Director.
Appointed
Yogi Prakash Chugh was appointed as Director.
Incorporation
14 Feb 2005
Banashankari Pipes Private Limited was registered on 14 Feb 2005 with Roc Bangalore & aged 21 years 8 months as per MCA records.

Frequently asked questions

Banashankari Pipes is an active private limited company based in Karnataka, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 14 February 2005 (21+ years old) and is registered under CIN U27109KA2005PTC035602.

Banashankari Pipes has 5 current directors:

The latest financial statements of Banashankari Pipes on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Banashankari Pipes is 29AACCK5360J2Z9, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AACCK5360J1ZL (Tamil Nadu).

The CIN (Corporate Identification Number) of Banashankari Pipes is U27109KA2005PTC035602. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Banashankari Pipes has 45 court cases on record: 44 filed by the company and 1 filed against it. 8 are pending.

Banashankari Pipes was incorporated on 14 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.

Prakash B Chugh was appointed as Director on 10 Mar 2019. Prakash B Chugh ceased to be Director on 01 Oct 2014. Neetu Prakash Chugh was appointed as Director on 14 Feb 2005. Banashankari Pipes has 6 board changes on record in total.

Yes, Banashankari Pipes is registered as an MSME under Udyam registration (number: UDYAM-TN-11-0011692).

Banashankari Pipes can be reached through the website banashankaripipes.com. Its registered office is in Karnataka, India.