- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0060477

About GMT Pipes & Tubes Private Limited
Data last updated:
GMT Pipes & Tubes Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Cyan Formulators Private Limited. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 20 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27205MH2017PTC297603. Its GSTIN is 27AAGCG9290B1ZI (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹12.01 Lakh. It is led by directors Amit Sharma and Shashikant Sharma.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹71.15 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹70.43 Lakh (net margin 1%) and EBITDA of -₹5.83 Cr (EBITDA margin -8.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹41.81 Cr and satisfied charges of ₹48 Lakh on record. Court records list 13 cases involving the company, including 6 filed by the company and 7 filed against it; 4 cases are pending.
GMT Pipes & Tubes Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0060477). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gmtpipes.in.
Company details
Recognitions & Rankings of GMT Pipes & Tubes
Contact details
GMT Pipes & Tubes Private Limited's registered office is in Mumbai, Maharashtra. Its website is gmtpipes.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address902 903 And 904 Jagadamba Commercial Complex, A/2 Near Movie Time Theater Link Road Malad West, Mumbai, Maharashtra, India – 400064
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of GMT Pipes & Tubes 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
Business activity
The main business activity of GMT Pipes & Tubes is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of GMT Pipes & Tubes Private Limited, buy the company report.
Financials of GMT Pipes & Tubes Private Limited
FY 2025 filings availableGMT Pipes & Tubes Private Limited reported revenue of ₹71.15 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. 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 |
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| Total Expenses | |||||
| EBITDA | -₹5.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹70.43 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.2% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of GMT Pipes & Tubes Private Limited, buy the company report.
Board of directors of GMT Pipes & Tubes Private Limited
GMT Pipes & Tubes has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Sharma Also directs: Steamline Industries Limited | Director | 20 Jul 2017 | 9 Years 3 Months | Current |
| Shashikant Sharma Also directs: Steamline Industries Limited | Director | 20 Jul 2017 | 9 Years 3 Months | Current |
Auditor
GMT Pipes & Tubes Private Limited is audited by ATJ & Co. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ATJ & Co. LLP | FY 2024 | 113553W/W100314 |
Shareholding
The shareholding of GMT Pipes & Tubes Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of GMT Pipes & Tubes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Aug 2025 | 101158729 | Bank of India | ₹15 Cr | Open | |
| 29 Mar 2025 | 101097191 | Others | ₹5 Cr | Open | |
| 14 Feb 2025 | 101069305 | Hdfc Bank Limited | ₹1.1 Cr | Open | |
| 13 Feb 2024 | 100889398 | Bank of India | ₹20 Cr | Open | |
| 06 Dec 2022 | 100658085 | Hdfc Bank Limited | ₹30 Lakh | Open |
To see the full charge records of GMT Pipes & Tubes Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
GMT Pipes & Tubes Private Limited has 13 court cases on record: 6 filed by GMT Pipes & Tubes, 7 filed against it. 4 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 0 |
| NCLAT | 4 | 4 | 2 |
| District courts | 3 | 1 | 2 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Spice Metal Private Limited. and 3 others | Pending |
| High Court, MAHARASHTRA | Court case (S) | Filed by the company against Spice Metal Private Limited. and 3 others | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by State Tax Officer | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
| District court, Ajmer, Rajasthan | Court case (Complaint) | Filed against the company by State | Disposed |
To see the full case history of GMT Pipes & Tubes 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
GMT Pipes & Tubes Private Limited has 10 MSME Form 1 returns on record between 2021 and 2024, listing 198 overdue payments to 44 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 44)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Vishal Shipping Agencies Private Limited | |||
| Tii Techno Testing Instruments Private Limited | |||
| an individual supplier | |||
| Mahakali Saw Mill |
To see the full MSME payment records of GMT Pipes & Tubes Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
GMT Pipes & Tubes Private Limited has a workforce of 31 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
GST
GMT Pipes & Tubes has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCG9290B1ZI | Maharashtra | Active | 09 Aug 2017 |
| 27AAGCG9290B2ZH | Maharashtra | Active | 27 Oct 2023 |
To see the full GST registrations and return filing status of GMT Pipes & Tubes Private Limited, buy the company report.
Recent activity
GMT Pipes & Tubes Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Vaibhav Sharma ceased to be Director on 15 May 2018.
5 earlier events are in the company report.
Frequently asked questions
GMT Pipes & Tubes is an active private limited company based in Mumbai, Maharashtra, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 20 July 2017 (9+ years old) and is registered under CIN U27205MH2017PTC297603.
GMT Pipes & Tubes has 2 current directors:
- Amit Sharma - Director
- Shashikant Sharma - Director
The latest financial statements of GMT Pipes & Tubes 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 FY 2018 are in the company report.
The GSTIN of GMT Pipes & Tubes is 27AAGCG9290B1ZI, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAGCG9290B2ZH (Maharashtra).
The CIN (Corporate Identification Number) of GMT Pipes & Tubes is U27205MH2017PTC297603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GMT Pipes & Tubes has 13 court cases on record: 6 filed by the company and 7 filed against it. 4 are pending. Most are in the high courts.
GMT Pipes & Tubes was incorporated on 20 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Vaibhav Sharma ceased to be Director on 15 May 2018. Amit Sharma was appointed as Director on 20 Jul 2017. Shashikant Sharma was appointed as Director on 20 Jul 2017.
Yes, GMT Pipes & Tubes is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0060477).
GMT Pipes & Tubes has 10 MSME Form 1 returns on record between 2021 and 2024, listing 198 overdue payments to 44 micro and small suppliers. The latest return was filed on 30 Apr 2024.
GMT Pipes & Tubes can be reached through the website gmtpipes.in. Its registered office is in Mumbai, Maharashtra, India.

