- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0058999

About MRB Pipe & Tubes Private Limited
Data last updated:
MRB Pipe & Tubes Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 15 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28112GJ2010PTC063264. Its GSTIN is 24AAGCM8900J1ZE (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹34.37 Lakh. It is led by directors including Mahendra Ratanlalji Bhandari and Rucha Manish Bhandari.
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 8 Lala Bholelal Opp. Kesar Estate Nagar Hanuman Road Rakhial, Ahmedabad, Gujarat, India – 380023.
As per the financials filed for FY 2024, the company reported a revenue of ₹82.32 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹83.58 Lakh (net margin 1%) and EBITDA of ₹1.73 Cr (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹6.81 Cr and satisfied charges of ₹1.5 Cr on record.
MRB Pipe & Tubes Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0058999). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mrbmetals.com.
Company details
Recognitions & Rankings of MRB Pipe & Tubes
Contact details
MRB Pipe & Tubes Private Limited's registered office is in Ahmedabad, Gujarat. Its website is mrbmetals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8 Lala Bholelal Opp. Kesar Estate Nagar Hanuman Road Rakhial, Ahmedabad, Gujarat, India – 380023
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of MRB Pipe & 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 MRB Pipe & 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 MRB Pipe & Tubes Private Limited, buy the company report.
Financials of MRB Pipe & Tubes Private Limited
FY 2024 filings availableMRB Pipe & Tubes Private Limited reported revenue of ₹82.32 Cr (down 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA fell 27% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.73 Cr | ||||
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| Net Profit (PAT) | ₹83.58 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of MRB Pipe & Tubes Private Limited, buy the company report.
Board of directors of MRB Pipe & Tubes Private Limited
MRB Pipe & Tubes has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendra Ratanlalji Bhandari Also directs: MRB Forge & Fittings LLP | Director | 15 Dec 2010 | 15 Years 10 Months | Current |
| Rucha Manish Bhandari Also directs: MRB Forge & Fittings LLP | Director | 03 Nov 2020 | 5 Years 11 Months | Current |
| Anjana Mahendrabhai Bhandari Also directs: MRB Forge & Fittings LLP | Director | 15 Dec 2010 | 15 Years 10 Months | Current |
| Manish Ratanchand Bhandari Also directs: MRB Forge & Fittings LLP | Director | 03 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
MRB Pipe & Tubes Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Khanna Delta Steel Private Limited | ₹82.42 Cr (FY 2018) | -63.0% | Mumbai, Maharashtra, India | |||
| MRB Pipe & Tubes Private Limitedthis company | ₹82.32 Cr (FY 2024) | ₹83.58 Lakh | 1% | -27.0% | Ahmedabad, Gujarat, India | |
| Mahendra Steel Traders Private Limited | ₹82.18 Cr (FY 2025) | 44.0% | Howrah, West Bengal, India | |||
| Seth Shri Strips Private Limited | ₹81.81 Cr (FY 2025) | 48.0% | New Delhi, Delhi, India | |||
| Maya Steel Pvt Ltd | ₹81.78 Cr (FY 2025) | 53.0% | Mandi Gobindgarh, Punjab, India |
To see the full peer comparison of MRB Pipe & Tubes Private Limited, buy the company report.
Auditor
MRB Pipe & Tubes Private Limited is audited by Kothari Sangawat & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kothari Sangawat & Associates | FY 2023 | 132985W |
Shareholding
The shareholding of MRB Pipe & Tubes 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 MRB Pipe & Tubes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Oct 2020 | 100380333 | Others | ₹81 Lakh | Open | |
| 27 Sep 2017 | 100131439 | Others | ₹6 Cr | Open | |
| 03 Feb 2011 | 10269176 | State Bank of Hyderabad | ₹1.5 Cr | Satisfied |
To see the full charge records of MRB Pipe & Tubes Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving MRB Pipe & Tubes Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
MRB Pipe & Tubes Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| MRB Forge & Fittings LLP | |||
| Chhajed Steel Corporation |
To see the full MSME payment records of MRB Pipe & Tubes Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
MRB Pipe & Tubes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCM8900J1ZE | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MRB Pipe & Tubes Private Limited, buy the company report.
Recent activity
MRB Pipe & Tubes Private Limited has 6 board changes on record since 2010: 4 appointments and 2 cessations. The latest: Manish Ratanchand Bhandari was appointed as Director on 03 Nov 2020.
3 earlier events are in the company report.
Frequently asked questions
MRB Pipe & Tubes is an active private limited company based in Ahmedabad, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 15 December 2010 (16+ years old) and is registered under CIN U28112GJ2010PTC063264.
MRB Pipe & Tubes has 4 current directors:
- Mahendra Ratanlalji Bhandari - Director
- Rucha Manish Bhandari - Director
- Anjana Mahendrabhai Bhandari - Director
- Manish Ratanchand Bhandari - Director
The latest financial statements of MRB Pipe & Tubes 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 MRB Pipe & Tubes is 24AAGCM8900J1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of MRB Pipe & Tubes is U28112GJ2010PTC063264. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MRB Pipe & Tubes was incorporated on 15 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of MRB Pipe & Tubes by revenue are Khanna Delta Steel Private Limited, Mahendra Steel Traders Private Limited, Seth Shri Strips Private Limited, Maya Steel Pvt Ltd, all in the Metals and Minerals industry (Steel), with the same principal business activity (wholesale trading).
Manish Ratanchand Bhandari was appointed as Director on 03 Nov 2020. Rucha Manish Bhandari was appointed as Director on 03 Nov 2020. Manish Ratanchand Bhandari ceased to be Director on 01 Jun 2018. MRB Pipe & Tubes has 6 board changes on record in total.
Yes, MRB Pipe & Tubes is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0058999).
MRB Pipe & Tubes has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 08 Jun 2019.
MRB Pipe & Tubes can be reached through the website mrbmetals.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of MRB Pipe & Tubes is at 8 Lala Bholelal Opp. Kesar Estate Nagar Hanuman Road Rakhial, Ahmedabad, Gujarat, India – 380023.