Heavy Metal And Tubes Limited - Company Profile

It is a manufacturing public limited company based in Ahmedabad, Gujarat, India, established in 1990.
1990 Ahmedabad, Gujarat, India Amalgamated
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About Heavy Metal And Tubes Limited

Heavy Metal And Tubes Limited, a amalgamated public limited company, was established on 17 October 1990 in Ahmedabad, Gujarat, India. Engaging in pipe & tubes within the manufacturing sector, it holds CIN: U25200GJ1990PLC014554. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹69.50 Cr and a paid-up capital of ₹59.16 Cr.

Formerly known as Heavy Metal And Tubes Private Limited. It upholds a compliant status. Employing 149 professional, Its leadership includes Nikhil Keherchand Jain (Managing Director), Hitesh Keharchand Jain (Managing Director), Moolsingh Bhilsingh Parmar (Director). Past directors included Natarajan Natesan Balasubramanian, Kirtilal Moolchand Shah, Amit Kirtilal Shah. It holds no open charges and ₹443.36 Cr settled loans. Its latest AGM occurred on 30 September 2019, with the balance sheet filed on 31 March 2019. It is based at 201-1. 1St Floor, Ashwarath Bldg, Opp.Gujarat Petrol Pump, Nr Ashram Road,, Usmanpura, Ahmedabad, Gujarat, 380013.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U25200GJ1990PLC014554

  • Registration Number

    014554

  • Incorporation Date

    17 October 1990

  • Authorized Capital

    ₹69.50 Cr

  • Paid-Up Capital

    ₹59.16 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 69.50 Cr
  • Paid Up Capital ₹ 59.16 Cr
  • Company Age 35 Year, 4 Months
  • Last Filing with ROC 31 Mar 2019
  • Satisfied Charges ₹ 443.36 Cr
  • Revenue Growth **** -68.87%
  • Profit Growth **** -22.56%
  • Ebitda **** -11.38%
  • Net Worth -146.68%
  • Total Assets -12.63%
Company report

Heavy Metal And Tubes Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Heavy Metal And Tubes Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Heavy Metal And Tubes Limited?
Current Directors
Name Designation Appointment Date Status
Nikhil Keherchand Jain Managing Director 01 Jul 2004 Current
Hitesh Keharchand Jain Managing Director 01 Jul 2004 Current
Moolsingh Bhilsingh Parmar Director 17 Aug 2007 Current
Dhaval Keharchand Jain Whole-Time Director 01 Apr 2004 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Whole-Time Director 30 May 2018 Past
Pramod Abcsdd Whole-Time Director 30 Jun 2017 Past
Pramod Abcsdd Director 21 Mar 2016 Past
Pramod Abcsdd Director 03 Oct 2011 Past
Pramod Abcsdd Director 01 Apr 2012 Past
Pramod Abcsdd Director 25 Apr 2014 Past

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Financial Performance of Heavy Metal And Tubes.

Heavy Metal And Tubes Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 68.87% decrease. The company also saw a substantial fall in profitability, with a 22.56% decrease in profit. The company's net worth observed a substantial decline by a decrease of 146.68%.

Heavy Metal And Tubes revenue growth over time
Heavy Metal And Tubes profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -68.87%
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Revenue from Operations
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 -65.43%
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Total Assets
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 -12.63%
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Profit or Loss
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 -22.56%
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Net Worth
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 -146.68%
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EBITDA
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 -11.38%
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What is the Ownership and Shareholding Structure of Heavy Metal And Tubes?

In 2019, Heavy Metal And Tubes had a promoter holding of 44.13% and a public holding of 55.87%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹4,433,600,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 399.36 Cr
  • Idbi Bank Limited : 35.00 Cr
  • Dena Bank : 9.00 Cr
Latest Charge Details
Date Lender Amount Status
21 Nov 2011 Dena Bank ₹9.00 Cr Satisfied
25 Feb 2009 Idbi Bank Limited ₹35.00 Cr Satisfied
24 Aug 2005 State Bank Of India ₹254.90 Cr Satisfied
17 Jun 2004 State Bank Of India ₹144.46 Cr Satisfied

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How Many Employees Work at Heavy Metal And Tubes?

Heavy Metal And Tubes has a workforce of 149 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Heavy Metal And Tubes, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Heavy Metal And Tubes's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Heavy Metal And Tubes
Recent Activity within the Organization
  • Annual General Meeting

    Heavy Metal And Tubes Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Heavy Metal And Tubes Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 24 Aug 2005 via Charge ID 90101147 with State Bank Of India was fully satisfied on 25 Apr 2017. was documented.

  • Charges

    Progress on A charge registered on 17 Jun 2004 via Charge ID 90102373 with State Bank Of India was fully satisfied on 25 Apr 2017. was documented.

  • Charges

    The activity A charge registered on 21 Nov 2011 via Charge ID 10321739 with Dena Bank was fully satisfied on 16 Mar 2015. was completed.

  • Charges

    The activity A charge with State Bank Of India of Rs. 254.90 Cr registered on 24 Aug 2005 with Charge ID 90101147 was modified on 03 Apr 2013. was completed.

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Frequently Asked Questions
What is the CIN of Heavy Metal And Tubes Limited?

The CIN of Heavy Metal And Tubes Limited is U25200GJ1990PLC014554.

Where is Heavy Metal And Tubes Limited headquartered?

Heavy Metal And Tubes Limited is headquartered at 201-1. 1St Floor, Ashwarath Bldg, Opp.Gujarat Petrol Pump, Nr Ashram Road,, Usmanpura, Ahmedabad, Gujarat, 380013.

When was Heavy Metal And Tubes Limited incorporated?

Heavy Metal And Tubes Limited was incorporated on 17 October 1990.

Who are the current directors of Heavy Metal And Tubes Limited?

The current directors of Heavy Metal And Tubes Limited are

What is the primary industry of Heavy Metal And Tubes Limited?

The primary industry of Heavy Metal And Tubes Limited is Manufacturing.

Is Heavy Metal And Tubes Limited a listed company?

Heavy Metal And Tubes Limited is unlisted.

What is the capital structure of Heavy Metal And Tubes Limited?

The authorized capital of Heavy Metal And Tubes Limited is ₹69.50 Cr, and the paid-up capital is ₹59.16 Cr.

What is the compliance status of Heavy Metal And Tubes Limited?

The compliance status of Heavy Metal And Tubes Limited is Compliant.

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