MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-01-0000035
Apex Tubes Pvt Ltd - manufacturing in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹190.98 Cr
▲ 115% YoY
Net profit · FY 2023
₹3.19 Cr
Net margin 1.7%
EBITDA · FY 2023
₹5.62 Cr
EBITDA margin 2.9%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹2.22 Cr
Issued & subscribed
Open charges
₹87.6 Cr
Satisfied ₹27.63 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
94
Provident fund records
About Apex Tubes Pvt Ltd
Data last updated:
Apex Tubes Pvt Ltd is a private limited company based in New Delhi, Delhi, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 26 March 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1992PTC048184. Its GSTIN is 08AAACA2867N1ZC (Rajasthan). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.22 Cr. It is led by directors including Mahavir Prasad Mudgal (Managing Director) and Keshav Mudgal.
Its last annual general meeting (AGM) was held on 24 January 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1 / 6 B Asaf Ali Road, New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2023, the company reported a revenue of ₹190.98 Cr, a growth of 115% compared to the previous year. For the same year it recorded a net profit of ₹3.19 Cr (net margin 1.7%) and EBITDA of ₹5.62 Cr (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 14% over five years.
The company has about 94 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: APEX Tubes. As per MCA filings, the company has open charges of ₹87.6 Cr and satisfied charges of ₹27.63 Cr on record. Court records list 17 cases involving the company, including 7 filed by the company and 10 filed against it; 6 cases are pending.
Apex Tubes Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-01-0000035). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website apextube.com.
Company details
CIN U74899DL1992PTC048184
Registration Number 048184
Incorporation Date 26 March 1992
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 January 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-01-0000035
Key People
Mahavir Prasad Mudgal Managing Director Keshav Mudgal Director Bal Krishan Mudgal Director Recognitions & Rankings of Apex Tubes
Contact details
Apex Tubes Pvt Ltd's registered office is in New Delhi, Delhi. Its website is apextube.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1 / 6 B Asaf Ali Road, New Delhi, Delhi, India – 110002
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Apex Tubes Pvt Ltd, buy the company report.
Comprehensive company report
Apex Tubes Pvt Ltd - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Apex Tubes operates one associated brand: APEX Tubes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of stainless steel pipes and tubes for industrial applications. | apextube.com |
Business activity
The main business activity of Apex Tubes is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Apex Tubes Pvt Ltd, buy the company report.
Financials of Apex Tubes Pvt Ltd
FY 2024 filings availableApex Tubes Pvt Ltd reported revenue of ₹190.98 Cr (up 115% YoY) for FY 2023.
Revenue · FY 2023
₹190.98 Cr ▲ 115%
Net profit · FY 2023
₹3.19 Cr margin 1.7%
EBITDA · FY 2023
₹5.62 Cr margin 2.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 115%
3 years · compounded
▲ 39%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 361%
3 years · compounded
▲ 123%
5 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 115% growth in the latest year. EBITDA rose 361% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.62 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.19 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | 1.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Apex Tubes Pvt Ltd, buy the company report.
Board of directors of Apex Tubes Pvt Ltd
Apex Tubes has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahavir Prasad Mudgal | Managing Director | 27 Mar 1992 | 34 Years 6 Months | Current |
| Keshav Mudgal | Director | 15 Dec 2006 | 19 Years 10 Months | Current |
| Bal Krishan Mudgal | Director | 02 Apr 1999 | 27 Years 6 Months | Current |
| Manish Mudgal | Director | 01 Dec 1995 | 30 Years 10 Months | Current |
Peer comparison
Apex Tubes Pvt Ltd is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ub Stainless Limited | ₹195.27 Cr (FY 2025) | 1.0% | Nashik, Maharashtra, India | |||
| Indus Tubes Limited | ₹192.06 Cr (FY 2025) | -48.0% | Delhi, India | |||
| Apex Tubes Pvt Ltdthis company | ₹190.98 Cr (FY 2023) | ₹3.19 Cr | 1.7% | 115.0% | 94 | New Delhi, Delhi, India |
| Divine Tubes Private Limited | ₹187.66 Cr (FY 2025) | -12.0% | Gandhinagar, Gujarat, India | |||
| Gandhi Special Tubes Limited | ₹184.42 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Nalwa Special Steel Limited | ₹183.29 Cr (FY 2025) | 12775.0% | New Delhi, Delhi, India |
To see the full peer comparison of Apex Tubes Pvt Ltd, buy the company report.
Auditor
Apex Tubes Pvt Ltd is audited by M C Jain & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M C Jain & Co. | FY 2022 | 304012E |
Shareholding
The shareholding of Apex Tubes Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Apex Tubes Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹87.6 Cr
Satisfied charges
₹27.63 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Apr 2008 | 10100380 | Corporation Bank Industrial Finance Branch | ₹27.51 Cr | Open | |
| 23 Apr 2008 | 10100382 | Corporation Bank | ₹8.82 Cr | Open | |
| 15 Nov 2006 | 10027576 | Corporation Bank Industrial Finance Branch | ₹1.8 Cr | Open | |
| 20 Aug 2004 | 90050830 | Corporation Bank | ₹48.47 Cr | Open | |
| 24 Jul 2004 | 90050753 | Corporation Bank | ₹1 Cr | Open |
To see the full charge records of Apex Tubes Pvt Ltd, buy the company report.
Total charge records: 11 View all charges
Legal cases
Apex Tubes Pvt Ltd has 17 court cases on record: 7 filed by Apex Tubes, 10 filed against it. 6 cases are pending and 11 are disposed.
Total cases
17
Filed by the company
7
Filed against the company
10
Pending
6
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 8 | 3 |
| High courts | 5 | 1 | 3 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Court case (Civ DJ) | Filed against the company by Ms Tiger Steel Engineering (India) Pvt Ltd | Pending |
| High Court of Delhi | Court case (CRL.L.P.) | Filed by the company against Mecpro Heavy Engineering Ltd | Disposed |
| High Court of Delhi | Appeal | Filed by the company against Mecpro Heavy Engineering Ltd. & Ors | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by Ms Mecpro Heavy Engineering Ltd. | Disposed |
| District court, Central, Delhi | Civil suit | Filed by the company against Ms Mecpro Heavy Engineering Ltd. Ors. and 3 others | Disposed |
To see the full case history of Apex Tubes Pvt Ltd, 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.
Credit ratings & regulatory alerts
Apex Tubes Pvt Ltd was last rated by Care on 27 Jun 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 27 Jun 2023 |
To see the full credit ratings and regulatory alerts of Apex Tubes Pvt Ltd, buy the company report.
MSME payment delays
Apex Tubes Pvt Ltd has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Denso Packaging India Private Limited | |||
| an individual supplier | |||
| Vikas Polyplast Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Apex Tubes Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Apex Tubes Pvt Ltd has a workforce of 94 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
94
Active EPFO establishments
1
Employee growth
-11.32%
GST
Apex Tubes has 4 GST registrations: 1 active and 3 cancelled or inactive.
Total GSTINs
4
Active
1
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACA2867N1ZC | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Apex Tubes Pvt Ltd, buy the company report.
Recent activity
Apex Tubes Pvt Ltd has 5 board changes on record since 1992: 4 appointments and 1 cessation. The latest: Dharmendra Kumar Mudgal ceased to be Director on 05 May 2023.
AGM
Apex Tubes Pvt Ltd last Annual general meeting of members was held on 24 Jan 2025 as per latest MCA records.
Filing
Apex Tubes Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Dharmendra Kumar Mudgal ceased to be Director.
Charges
A charge with Corporation Bank of Rs. 48.47 Cr registered on 20 Aug 2004 with Charge ID 90050830 was modified on 14 May 2013.
Charges
A charge with Corporation Bank Industrial Finance Branch amounted to Rs. 27.51 Cr with Charge ID 10100380 was registered on 23 Apr 2008.
Charges
A charge with Corporation Bank amounted to Rs. 8.82 Cr with Charge ID 10100382 was registered on 23 Apr 2008.
Charges
A charge registered on 29 Aug 2002 via Charge ID 90049275 with Union Bank Of India was fully satisfied on 27 Jul 2007.
Charges
A charge registered on 29 Jun 2002 via Charge ID 90049167 with Union Bank Of India was fully satisfied on 27 Jul 2007.
Charges
A charge registered on 18 Jun 2002 via Charge ID 90049137 with Union Bank Of India was fully satisfied on 27 Jul 2007.
Charges
A charge registered on 19 May 2001 via Charge ID 90048495 with Union Bank Of India was fully satisfied on 27 Jul 2007.
Charges
A charge registered on 28 Sep 2000 via Charge ID 90048130 with Union Bank Of India was fully satisfied on 27 Jul 2007.
Charges
A charge registered on 05 Oct 1994 via Charge ID 90046239 with Union Bank Of India was fully satisfied on 27 Jul 2007.
20 earlier events are in the company report.
Frequently asked questions
Apex Tubes is an active private limited company based in New Delhi, Delhi, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 26 March 1992 (34+ years old) and is registered under CIN U74899DL1992PTC048184.
Apex Tubes has 4 current directors:
- Mahavir Prasad Mudgal - Managing Director
- Keshav Mudgal - Director
- Bal Krishan Mudgal - Director
- Manish Mudgal - Director
The latest financial statements of Apex Tubes on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 24 January 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Apex Tubes is 08AAACA2867N1ZC, registered in Rajasthan. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Apex Tubes is U74899DL1992PTC048184. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apex Tubes has 17 court cases on record: 7 filed by the company and 10 filed against it. 6 are pending. Most are in the district courts.
Apex Tubes was incorporated on 26 March 1992, making it 34+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Apex Tubes by revenue are Ub Stainless Limited, Indus Tubes Limited, Divine Tubes Private Limited, Gandhi Special Tubes Limited, Nalwa Special Steel Limited, all in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products).
Dharmendra Kumar Mudgal ceased to be Director on 05 May 2023. Keshav Mudgal was appointed as Director on 15 Dec 2006. Bal Krishan Mudgal was appointed as Director on 02 Apr 1999. Apex Tubes has 5 board changes on record in total.
Yes, Apex Tubes is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-01-0000035).
Apex Tubes has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 5 micro and small suppliers. The latest return was filed on 27 May 2019.
Apex Tubes can be reached through the website apextube.com. Its registered office is in New Delhi, Delhi, India.