Mahesh Hardware & Pipes Private Limited

Mahesh Hardware & Pipes Private Limited - metals and minerals in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U25209KA2009PTC049271 Incorporated 03 March 2009 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company metals and minerals
Data last updated
Revenue · FY 2025
₹512.03 Cr
▲ 11% YoY
Net profit · FY 2025
₹15.4 Cr
Net margin 3%
EBITDA · FY 2025
₹35.79 Cr
EBITDA margin 7%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹71.09 Lakh
Issued & subscribed
Open charges
₹162.36 Cr
Satisfied ₹273.35 Cr
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings

About Mahesh Hardware & Pipes Private Limited

Data last updated:

Mahesh Hardware & Pipes Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 03 March 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25209KA2009PTC049271. Its GSTIN is 29AAFCM9644Q1ZG (Karnataka). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹71.09 Lakh. It is led by directors Ashok Jain and Mahendra Jain.

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 #167 Ranka Chamber 3rd Floor Rashtreeya Vidyalaya Road Mavalli, Bangalore, Karnataka, India – 560004.

As per the financials filed for FY 2025, the company reported a revenue of ₹512.03 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹15.4 Cr (net margin 3%) and EBITDA of ₹35.79 Cr (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 6% over five years.

As per MCA filings, the company has open charges of ₹162.36 Cr and satisfied charges of ₹273.35 Cr on record. Court records list 606 cases involving the company, including 597 filed by the company and 9 filed against it; 15 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹3.51 Cr; the latest was in August 2009.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maheshpipes.com.

Company details

CIN U25209KA2009PTC049271
Registration Number 049271
Incorporation Date 03 March 2009
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Mahesh Hardware & Pipes Private Limited's registered office is in Bangalore, Karnataka. Its website is maheshpipes.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    #167 Ranka Chamber 3rd Floor Rashtreeya Vidyalaya Road Mavalli, Bangalore, Karnataka, India – 560004
  • Industry
    Metals and Minerals, Construction Materials Retail & Distribution

To see the full contact details of Mahesh Hardware & Pipes Private Limited, buy the company report.

Comprehensive company report
Mahesh Hardware & 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
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Business activity

The main business activity of Mahesh Hardware & 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 Mahesh Hardware & Pipes Private Limited, buy the company report.

Financials of Mahesh Hardware & Pipes Private Limited

FY 2024 filings available

Mahesh Hardware & Pipes Private Limited reported revenue of ₹512.03 Cr (up 11% YoY) for FY 2025.

Revenue · FY 2025
₹512.03 Cr ▲ 11%
Net profit · FY 2025
₹15.4 Cr margin 3%
EBITDA · FY 2025
₹35.79 Cr margin 7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 11%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 5%
5 years · compounded
▲ 4%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 11% growth in the latest year. EBITDA fell 5% 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₹35.79 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹15.4 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 Margin7%
Net Profit Margin3%
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 Mahesh Hardware & Pipes Private Limited, buy the company report.

Board of directors of Mahesh Hardware & Pipes Private Limited

Mahesh Hardware & Pipes has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashok JainDirector03 Mar 200917 Years 8 MonthsCurrent
Mahendra JainDirector03 Mar 200917 Years 8 MonthsCurrent

Auditor

Mahesh Hardware & Pipes Private Limited is audited by Mehta Rajesh & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Mehta Rajesh & Co.FY 2023006251S

Shareholding

The shareholding of Mahesh Hardware & 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 Mahesh Hardware & Pipes Private Limited, buy the company report.

Charges & borrowings

Open charges
₹162.36 Cr
Satisfied charges
₹273.35 Cr
Breakdown by lending institutions
Sbicap Trustee Company Limited₹157.59 Cr
Others₹4.21 Cr
The Hongkong and Shanghai Banking Corporation Limited₹0.55 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Aug 2024100973455The Hongkong and Shanghai Banking Corporation Limited₹55.12 LakhOpen
18 Jul 2023100777095Sbicap Trustee Company Limited₹157.59 CrOpen
12 Apr 2018100188212Others₹4.21 CrOpen
25 Apr 2023100717629The Hongkong and Shanghai Banking Corporation Limited₹14.89 CrSatisfied
25 Apr 2022100575152Others₹4.01 CrSatisfied

To see the full charge records of Mahesh Hardware & Pipes Private Limited, buy the company report.

Total charge records: 18 View all charges

Deals & funding

Mahesh Hardware & Pipes Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹3.51 Cr; the latest was in August 2009.

Total deals
1
Funding round
1
Disclosed funding
₹3.51 Cr

Deals on record (1 of 1)

WhenDealAmountParties
Aug 2009Funding round₹3.51 CrInvestors: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Mahesh Hardware & Pipes Private Limited was last rated by Icra on 30 Nov 2021.

Rating agencyRated onRating
Icra30 Nov 2021

To see the full credit ratings and regulatory alerts of Mahesh Hardware & Pipes Private Limited, buy the company report.

MSME payment delays

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

GST

Mahesh Hardware & Pipes has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
29AAFCM9644Q1ZGKarnatakaActive01 Jul 2017
33AAFCM9644Q1ZRTamil NaduActive01 Jul 2017
24AAFCM9644Q1ZQGujaratActive01 Jul 2018

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

Recent activity

Mahesh Hardware & Pipes Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Ashok Jain was appointed as Director on 03 Mar 2009.

Charges
A charge registered on 30 Jan 2020 via Charge ID 100321698 with Others was fully satisfied on 19 Aug 2025.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 157.59 Cr registered on 18 Jul 2023 with Charge ID 100777095 was modified on 05 Apr 2025.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 0.55 Cr registered on 27 Aug 2024 with Charge ID 100973455 was modified on 13 Nov 2024.
Charges
A charge registered on 25 Apr 2022 via Charge ID 100575152 with Others was fully satisfied on 07 Nov 2024.
AGM
Mahesh Hardware & Pipes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 0.55 Cr with Charge ID 100973455 was registered on 27 Aug 2024.
Charges
A charge registered on 29 Nov 2019 via Charge ID 100305186 with Hdfc Bank Limited was fully satisfied on 27 Aug 2024.
Charges
A charge registered on 23 Feb 2022 via Charge ID 100545577 with Hdfc Bank Limited was fully satisfied on 21 Jun 2024.
Filing
Mahesh Hardware & Pipes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 22 Mar 2021 via Charge ID 100442194 with Citi Bank N.A. was fully satisfied on 07 Dec 2023.
Charges
A charge registered on 11 Sep 2018 via Charge ID 100241873 with Citi Bank N.A. was fully satisfied on 07 Dec 2023.
Charges
A charge registered on 25 Apr 2023 via Charge ID 100717629 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 27 Nov 2023.

35 earlier events are in the company report.

Frequently asked questions

Mahesh Hardware & Pipes is an active private limited company based in Bangalore, Karnataka, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 03 March 2009 (17+ years old) and is registered under CIN U25209KA2009PTC049271.

Mahesh Hardware & Pipes has 2 current directors:

The latest financial statements of Mahesh Hardware & Pipes 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 Mahesh Hardware & Pipes is 29AAFCM9644Q1ZG, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AAFCM9644Q1ZR (Tamil Nadu), 24AAFCM9644Q1ZQ (Gujarat).

The CIN (Corporate Identification Number) of Mahesh Hardware & Pipes is U25209KA2009PTC049271. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mahesh Hardware & Pipes has 606 court cases on record: 597 filed by the company and 9 filed against it. 15 are pending. Most are in the district courts.

Mahesh Hardware & Pipes was incorporated on 03 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.

Mahesh Hardware & Pipes has 1 deal on record (1 funding round), with disclosed funding of ₹3.51 Cr; the latest was in August 2009.

Ashok Jain was appointed as Director on 03 Mar 2009. Mahendra Jain was appointed as Director on 03 Mar 2009.

Mahesh Hardware & Pipes can be reached through the website maheshpipes.com. Its registered office is in Bangalore, Karnataka, India.