
About Duke Pipes Private Limited
Data last updated:
Duke Pipes Private Limited is a private limited company based in Palanpur, Gujarat, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 23 August 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25191GJ2010PTC062080. Its GSTIN is 24AADCD8417A1Z5 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4.99 Cr and a paid-up capital of ₹4.5 Cr. It is led by directors including Shantilal Nathalal Patel (Managing Director) and Dineshkumar Kanjibhai Patel (Managing Director).
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 R. S. No. 365/ Paiki 1 At & Po – Chadotar Gadh Road Tal. Palanpur Dist. Banaskat, Ha, Gujarat, India – 385001.
As per the financials filed for FY 2025, the company reported a revenue of ₹256.74 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹7.92 Cr (net margin 3.1%) and EBITDA of ₹15.78 Cr (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 10% over five years.
The company has about 299 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Duke Pipes. As per MCA filings, the company has open charges of ₹50.06 Cr on record. Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it; 3 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹4.4 Cr; the latest was in May 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dukepipes.com.
Company details
Contact details
Duke Pipes Private Limited's registered office is in Palanpur, Gujarat. Its website is dukepipes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressR. S. No. 365/ Paiki 1 At & Po – Chadotar Gadh Road Tal. Palanpur Dist. Banaskat, Ha, Gujarat, India – 385001
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Duke Pipes Private Limited, buy the company report.
- 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
Brands
Duke Pipes operates one associated brand: Duke Pipes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of uPVC and HDPE pipes in Gujarat, India. | dukepipes.com |
Business activity
The main business activity of Duke Pipes is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Duke Pipes Private Limited, buy the company report.
Financials of Duke Pipes Private Limited
FY 2025 filings availableDuke Pipes Private Limited reported revenue of ₹256.74 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 24% 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 | ₹15.78 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.92 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 | 6.1% | ||||
| Net Profit Margin | 3.1% | ||||
| 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 Duke Pipes Private Limited, buy the company report.
Board of directors of Duke Pipes Private Limited
Duke Pipes has 9 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shantilal Nathalal Patel | Managing Director | 23 Aug 2010 | 16 Years 2 Months | Current |
| Girishchandra Amrutlal Patel | Director | 01 Oct 2023 | 3 Years 1 Months | Current |
| Miken Shantilal Patel | Director | 01 Oct 2023 | 3 Years 1 Months | Current |
| Sneh Bharatkumar Patel | Director | 01 Oct 2023 | 3 Years 1 Months | Current |
| Dhruvil Shantilal Patel | Director | 01 Oct 2023 | 3 Years 1 Months | Current |
| Bhaveshkumar Virabhai Patel | Director | 01 Oct 2023 | 3 Years 1 Months | Current |
Auditor
Duke Pipes Private Limited is audited by Manubhai & Shah LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Manubhai & Shah LLP | FY 2023 | 106041W/W100136 |
Shareholding
The shareholding of Duke 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 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 Duke Pipes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2024 | 101003437 | Hdfc Bank Limited | ₹2.56 Cr | Open | |
| 26 Feb 2024 | 100884837 | Hdfc Bank Limited | ₹10 Cr | Open | |
| 09 Nov 2015 | 10602436 | Hdfc Bank Limited | ₹37.5 Cr | Open |
To see the full charge records of Duke Pipes Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Duke Pipes Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹4.4 Cr; the latest was in May 2020.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Jul 2015 | Funding round | ₹4.4 Cr | Investors: 4 individuals |
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Duke Pipes Private Limited has 8 court cases on record: 7 filed by Duke Pipes, 1 filed against it. 3 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 2 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CS(OS)) | Filed against the company by Astral Ltd | Pending |
| District court, Banaskanth at Palanpur, Gujarat | Court case (CR EN) | Filed by the company against an individual | Pending |
| District court, Banaskanth at Palanpur, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Banaskanth at Palanpur, Gujarat | Court case (CR EN) | Filed by the company against an individual | Disposed |
| District court, Banaskanth at Palanpur, Gujarat | Court case (CR EN) | Filed by the company against Aajinkya Sudhakar Magar Behalf of Aajinkya Agro Agency | Disposed |
To see the full case history of Duke Pipes Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Duke Pipes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Duke Pipes Private Limited has a workforce of 299 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Duke Pipes has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCD8417A1Z5 | Gujarat | Active | 01 Jul 2017 |
| 23AADCD8417A1Z7 | Madhya Pradesh | Active | 22 Apr 2025 |
To see the full GST registrations and return filing status of Duke Pipes Private Limited, buy the company report.
Recent activity
Duke Pipes Private Limited has 18 board changes on record since 2010: 9 appointments and 9 cessations. The latest: Bhaveshkumar Virabhai Patel ceased to be Additional Director on 29 Sep 2024.
14 earlier events are in the company report.
Frequently asked questions
Duke Pipes is an active private limited company based in Palanpur, Gujarat, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 23 August 2010 (16+ years old) and is registered under CIN U25191GJ2010PTC062080.
Duke Pipes has 9 current directors:
- Shantilal Nathalal Patel - Managing Director
- Dineshkumar Kanjibhai Patel - Managing Director
- Girishchandra Amrutlal Patel - Director
- Miken Shantilal Patel - Director
- Sneh Bharatkumar Patel - Director
- Dhruvil Shantilal Patel - Director
- Bhaveshkumar Virabhai Patel - Director
- Utsav Dineshkumar Patel - Director
- Meet Dineshkumar Patel - Director
The latest financial statements of Duke 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 Duke Pipes is 24AADCD8417A1Z5, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AADCD8417A1Z7 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Duke Pipes is U25191GJ2010PTC062080. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Duke Pipes has 8 court cases on record: 7 filed by the company and 1 filed against it. 3 are pending. Most are in the district courts.
Duke Pipes was incorporated on 23 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Duke Pipes has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹4.4 Cr; the latest was in May 2020.
Bhaveshkumar Virabhai Patel ceased to be Additional Director on 29 Sep 2024. Dhruvil Shantilal Patel ceased to be Additional Director on 29 Sep 2024. Girishchandra Amrutlal Patel ceased to be Additional Director on 29 Sep 2024. Duke Pipes has 18 board changes on record in total.
Duke Pipes can be reached through the website dukepipes.com. Its registered office is in Palanpur, Gujarat, India.

