About Modigold Pipes Private Limited
Data last updated:
Modigold Pipes Private Limited is a private limited company based in Butibori, Maharashtra, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 26 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH1996PTC097619. Its GSTIN is 27AABCT5147R1ZP (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.88 Lakh. It was formerly known as Tras Poly Pipes Private Limited. It is led by directors Sourabh Rajendra Bansal and Veena Rajendra Bansal.
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 Plot No B – 104 MIDC Butibori Tah : Nagpur (Rural), Maharashtra, India – 441122.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.16 Cr, a decline of 62% compared to the previous year. For the same year it recorded a net profit of ₹33.12 Lakh (net margin 3%) and EBITDA of ₹86.01 Lakh (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 2% over five years.
As per MCA filings, the company has satisfied charges of ₹7.25 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modigold.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No B – 104 MIDC Butibori Tah : Nagpur (Rural), Maharashtra, India – 441122
- IndustryManufacturing, Pipe & Tubes
- 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
- One PDF report, delivered after checkout
Business Activity of Modigold Pipes Private Limited
The main business activity of Modigold Pipes is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Modigold Pipes Private Limited FY 2025 filings available
Modigold Pipes Private Limited reported revenue of ₹11.16 Cr (down 62% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Modigold Pipes Private Limited
Revenue fell 62% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 1% 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 of Modigold Pipes Private Limited
| 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 | ₹86.01 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹33.12 Lakh | •••• | •••• | •••• | •••• |
| 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 of Modigold Pipes Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Modigold Pipes are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Modigold Pipes Private Limited
Modigold Pipes Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Pipes). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Usha Pipe and Steels Private Limited | ₹11.39 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Delhi, India |
| Mukesh Industries Limited | ₹11.34 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Mumbai, Maharashtra, India |
| Varpan Technologies Private Limited | ₹11.27 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Pune, Maharashtra, India |
| Tirupati Pipe and Allied Industries Private Limited | ₹11.23 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Jalgaon, Maharashtra, India |
| Gurukrupa Irrigation Systems Private Limited | ₹11.22 Cr (FY 2025) | •••• | •••• | 210.0% | •••• | Dhule, Maharashtra, India |
| Modigold Pipes Private Limited this company | ₹11.16 Cr (FY 2025) | •••• | •••• | -62.0% | •••• | Butibori, Maharashtra, India |
| Shree Brij Behari Pipes Private Limited | ₹11.12 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | New Delhi, Delhi, India |
| Esses Pipes Private Limited | ₹11.12 Cr (FY 2025) | •••• | •••• | 160.0% | •••• | Chennai, Tamil Nadu, India |
| Khemi Tubes Private Limited | ₹11.04 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Chennai, Tamil Nadu, India |
| Gramya Innovative Technologies Private Limited | ₹11.03 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Spinner Polymers Private Limited | ₹11.01 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | Thrissur, Kerala, India |
Peers are the five companies nearest above and the five nearest below Modigold Pipes by revenue in the Manufacturing industry (Pipes), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Modigold Pipes Private Limited
Modigold Pipes Private Limited is audited by G.K. Agrawal & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G.K. Agrawal & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Modigold Pipes Private Limited
Modigold Pipes 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 |
|---|---|---|---|---|
| Sourabh Rajendra Bansal Also directs: Viraaj Irrigation LLP, Shadox Multitrade Private Limited | Director | 08 Jul 2010 | 16 Years 3 Months | Current |
| Veena Rajendra Bansal | Director | 30 Nov 2001 | 24 Years 10 Months | Current |
Ownership and Shareholding of Modigold Pipes Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Modigold Pipes Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Dec 2012 | Oriental Bank of Commerce | ₹30 Lakh | Satisfied |
| 24 Feb 2012 | Oriental Bank of Commerce | ₹20 Lakh | Satisfied |
| 14 Oct 2010 | Others | ₹6.75 Cr | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Modigold Pipes Private Limited
Modigold Pipes Private Limited has 3 court cases on record: 1 filed by Modigold Pipes, 2 filed against it. 1 case is pending and 2 are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by an individual | Disposed |
| District court, Thrissur, Kerala | Civil suit | Filed against the company by Pauljo Vyapar Kendra P.Ltd | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Modigold Pipes Private Limited
Modigold Pipes Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 16 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Modigold Pipes Private Limited
Employment history and EPFO contributions of people linked to Modigold Pipes.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Modigold Pipes Private Limited
Modigold Pipes Private Limited has 3 board changes on record since 2001: 2 appointments and 1 cessation. The latest: Rajendrakumar Biharilal Bansal ceased to be Director on 06 Dec 2025.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Modigold Pipes Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Modigold Pipes Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Modigold Pipes Private Limited
Modigold Pipes has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCT5147R1ZP | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Modigold Pipes Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Modigold Pipes Private Limited
Modigold Pipes is an active private limited company based in Butibori, Maharashtra, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 26 February 1996 (30+ years old) and is registered under CIN U25209MH1996PTC097619.
Modigold Pipes reported revenue of ₹11.16 Cr for FY 2025 (down 62% YoY).
Modigold Pipes has 2 current directors:
- Sourabh Rajendra Bansal - Director
- Veena Rajendra Bansal - Director
Modigold Pipes reported a net profit of ₹33.12 Lakh (net margin 3%) and EBITDA of ₹86.01 Lakh (EBITDA margin 7.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Modigold Pipes is 10% over three years and 2% over five years. In the latest year (FY 2025) revenue fell 62%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Modigold Pipes is 27AABCT5147R1ZP, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Modigold Pipes is U25209MH1996PTC097619. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modigold Pipes has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending.
Modigold Pipes was incorporated on 26 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Modigold Pipes by revenue are Usha Pipe and Steels Private Limited, Mukesh Industries Limited, Varpan Technologies Private Limited, Tirupati Pipe and Allied Industries Private Limited, Gurukrupa Irrigation Systems Private Limited and 5 more, all in the Manufacturing industry (Pipes).
Rajendrakumar Biharilal Bansal ceased to be Director on 06 Dec 2025. Sourabh Rajendra Bansal was appointed as Director on 08 Jul 2010. Veena Rajendra Bansal was appointed as Director on 30 Nov 2001.
Modigold Pipes has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 16 overdue payments to 1 micro and small supplier. The latest return was filed on 29 May 2019.