MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-13-0003292
Deep Seals (India)Limited - manufacturing in Mehsana, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹335.54 Cr
▲ 66% YoY
Net profit · FY 2025
₹6.58 Cr
Net margin 2%
EBITDA · FY 2025
₹20.8 Cr
EBITDA margin 6.2%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹144.47 Cr
Satisfied ₹32.85 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
162
Provident fund records
About Deep Seals (India)Limited
Data last updated:
Deep Seals (India)Limited is a public limited company based in Mehsana, Gujarat, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 23 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2013PLC076550. Its GSTIN is 24AAECD8526B1Z0 (Gujarat). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Deepak Dinkarlal Thakkar and Dinkarlal Bhagvandas Thakkar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No – 264 G.I.D.C Dediasan, Mehsana, Gujarat, India – 384002.
As per the financials filed for FY 2025, the company reported a revenue of ₹335.54 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹6.58 Cr (net margin 2%) and EBITDA of ₹20.8 Cr (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 40% over five years.
The company has about 162 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Deep Seals. As per MCA filings, the company has open charges of ₹144.47 Cr and satisfied charges of ₹32.85 Cr on record.
Deep Seals (India)Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-13-0003292). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website deepseals.in.
Company details
CIN U24100GJ2013PLC076550
Registration Number 076550
Incorporation Date 23 August 2013
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-13-0003292
Key People
Deepak Dinkarlal Thakkar Director Dinkarlal Bhagvandas Thakkar Director Nirav Dinkarlal Thakkar Director Recognitions & Rankings of Deep Seals (India)
Contact details
Deep Seals (India)Limited's registered office is in Mehsana, Gujarat. Its website is deepseals.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No – 264 G.I.D.C Dediasan, Mehsana, Gujarat, India – 384002
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Deep Seals (India)Limited, buy the company report.
Comprehensive company report
Deep Seals (India)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
Brands
Deep Seals (India) operates one associated brand: Deep Seals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Coating services for pipes and tubes, including manufacturing and application, in India. | deepseals.in |
Business activity
The main business activity of Deep Seals (India) is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Deep Seals (India)Limited, buy the company report.
Financials of Deep Seals (India)Limited
FY 2024 filings availableDeep Seals (India)Limited reported revenue of ₹335.54 Cr (up 66% YoY) for FY 2025.
Revenue · FY 2025
₹335.54 Cr ▲ 66%
Net profit · FY 2025
₹6.58 Cr margin 2%
EBITDA · FY 2025
₹20.8 Cr margin 6.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 66%
3 years · compounded
▲ 52%
5 years · compounded
▲ 40%
EBITDA CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 32%
5 years · compounded
▲ 17%
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 66% growth in the latest year. EBITDA rose 58% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹20.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.58 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | 2% | ||||
| 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 Deep Seals (India)Limited, buy the company report.
Board of directors of Deep Seals (India)Limited
Deep Seals (India) has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Dinkarlal Thakkar | Director | 23 Aug 2013 | 13 Years 2 Months | Current |
| Dinkarlal Bhagvandas Thakkar | Director | 23 Aug 2013 | 13 Years 2 Months | Current |
| Nirav Dinkarlal Thakkar | Director | 23 Aug 2013 | 13 Years 2 Months | Current |
| Hansaben Dinkerlal Thakkar | Director | 23 Aug 2013 | 13 Years 2 Months | Current |
Peer comparison
Deep Seals (India)Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vikash Steel Tube Private Limited | ₹348.66 Cr (FY 2025) | 26.0% | Delhi, India | |||
| Arnay Tubes Industries Private Limited | ₹341 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Deep Seals (India)Limitedthis company | ₹335.54 Cr (FY 2025) | ₹6.58 Cr | 2% | 66.0% | 162 | Mehsana, Gujarat, India |
| Jai Bhole Steel Tubes Private Limited | ₹333.28 Cr (FY 2025) | 16.0% | Punjab, India | |||
| Asb Tubes Private Limited | ₹328.34 Cr (FY 2025) | 296.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Deep Seals (India)Limited, buy the company report.
Auditor
Deep Seals (India)Limited is audited by Lahoti & Lahoti for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Lahoti & Lahoti | FY 2023 | 112076W |
Shareholding
The shareholding of Deep Seals (India)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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Deep Seals (India)Limited, buy the company report.
Charges & borrowings
Open charges
₹144.47 Cr
Satisfied charges
₹32.85 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 May 2025 | 101094831 | Hdfc Bank Limited | ₹2 Cr | Open | |
| 02 Apr 2025 | 101071198 | Hdfc Bank Limited | ₹1.34 Cr | Open | |
| 05 Mar 2025 | 101055668 | Hdfc Bank Limited | ₹1.01 Cr | Open | |
| 27 Jan 2025 | 101037028 | Hdfc Bank Limited | ₹72.55 Lakh | Open | |
| 24 Dec 2024 | 101021887 | Hdfc Bank Limited | ₹1.04 Cr | Open |
To see the full charge records of Deep Seals (India)Limited, buy the company report.
Total charge records: 31 View all charges
Legal cases
No court or tribunal cases involving Deep Seals (India)Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Deep Seals (India)Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Deep Seals (India)Limited has a workforce of 162 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
162
Active EPFO establishments
1
Employee growth
44.64%
GST
Deep Seals (India) has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
6
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECD8526B1Z0 | Gujarat | Active | 01 Jul 2017 |
| 23AAECD8526B1Z2 | Madhya Pradesh | Active | 02 Jan 2018 |
| 27AAECD8526B1ZU | Maharashtra | Active | 27 Jun 2020 |
| 29AAECD8526B1ZQ | Karnataka | Active | 07 Aug 2020 |
To see the full GST registrations and return filing status of Deep Seals (India)Limited, buy the company report.
Recent activity
Deep Seals (India)Limited has 4 board changes on record since 2013: 4 appointments. The latest: Deepak Dinkarlal Thakkar was appointed as Director on 23 Aug 2013.
Charges
A charge with Hdfc Bank Limited of Rs. 123.15 Cr registered on 01 Dec 2020 with Charge ID 100392543 was modified on 12 Sep 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 101094831 was registered on 13 May 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.34 Cr with Charge ID 101071198 was registered on 02 Apr 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.01 Cr with Charge ID 101055668 was registered on 05 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.73 Cr with Charge ID 101037028 was registered on 27 Jan 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.04 Cr with Charge ID 101021887 was registered on 24 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 101000623 was registered on 13 Nov 2024.
AGM
Deep Seals (India)Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100960234 was registered on 07 Aug 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.35 Cr with Charge ID 100954393 was registered on 29 Jul 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.03 Cr with Charge ID 100927724 was registered on 29 May 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.71 Cr with Charge ID 100925723 was registered on 16 May 2024.
32 earlier events are in the company report.
Frequently asked questions
Deep Seals (India) is an active public limited company based in Mehsana, Gujarat, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 23 August 2013 (13+ years old) and is registered under CIN U24100GJ2013PLC076550.
Deep Seals (India) has 4 current directors:
- Deepak Dinkarlal Thakkar - Director
- Dinkarlal Bhagvandas Thakkar - Director
- Nirav Dinkarlal Thakkar - Director
- Hansaben Dinkerlal Thakkar - Director
The latest financial statements of Deep Seals (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Deep Seals (India) is 24AAECD8526B1Z0, registered in Gujarat. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 23AAECD8526B1Z2 (Madhya Pradesh), 27AAECD8526B1ZU (Maharashtra), 29AAECD8526B1ZQ (Karnataka).
The CIN (Corporate Identification Number) of Deep Seals (India) is U24100GJ2013PLC076550. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deep Seals (India) was incorporated on 23 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Deep Seals (India) by revenue are Vikash Steel Tube Private Limited, Arnay Tubes Industries Private Limited, Jai Bhole Steel Tubes Private Limited, Asb Tubes Private Limited, all in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products).
Deepak Dinkarlal Thakkar was appointed as Director on 23 Aug 2013. Dinkarlal Bhagvandas Thakkar was appointed as Director on 23 Aug 2013. Hansaben Dinkerlal Thakkar was appointed as Director on 23 Aug 2013. Deep Seals (India) has 4 board changes on record in total.
Yes, Deep Seals (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-13-0003292).
Deep Seals (India) can be reached through the website deepseals.in. Its registered office is in Mehsana, Gujarat, India.
The registered office of Deep Seals (India) is at Plot No – 264 G.I.D.C Dediasan, Mehsana, Gujarat, India – 384002.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages