- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-20-0000307

About Ottoman Tubes Private Limited
Data last updated:
Ottoman Tubes Private Limited is a private limited company based in Palwal, Haryana, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 09 December 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27109HR1997PTC033799. Its GSTIN is 06AAACH8149N1Z6 (Haryana).
The company has an authorised share capital of ₹3.75 Cr and a paid-up capital of ₹3.25 Cr. It was formerly known as D.B. Merchant Banking Services Limited and Purshottam Investofin Limited. It is led by directors Satya Mahotra and Vippul Mahajan.
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 Prithla – Tatarpur Road Tatarpur, Palwal, Haryana, India – 121102.
As per the financials filed for FY 2025, the company reported a revenue of ₹89.52 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹1.44 Cr (net margin 1.6%) and EBITDA of ₹6.49 Cr (EBITDA margin 7.3%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 2% over five years.
The company has about 172 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ottoman Tubes. As per MCA filings, the company has open charges of ₹59.11 Cr and satisfied charges of ₹128.75 Cr on record. Court records list 25 cases involving the company, including 17 filed by the company and 11 filed against it; 17 cases are pending.
Ottoman Tubes Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-20-0000307). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ottomantube.com.
Company details
Name history
Ottoman Tubes has undergone 6 name changes throughout its history. The current legal name is Ottoman Tubes Private Limited.
| Company Name | Status |
|---|---|
| Ottoman Tubes Private Limited | Current |
| D.B. Merchant Banking Services Limited | Previous |
| Purshottam Investofin Limited | Previous |
| Arjun Vilas (Exim) International Private Limited | Previous |
| Harsha Strips & Tubes Private Limited | Previous |
| Kanhaiya Coils And Tubes Private Limited | Previous |
| Satya Financing Services Private Limited | Previous |
Recognitions & Rankings of Ottoman Tubes
Contact details
Ottoman Tubes Private Limited's registered office is in Palwal, Haryana. Its website is ottomantube.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPrithla – Tatarpur Road Tatarpur, Palwal, Haryana, India – 121102
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Ottoman 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
Brands
Ottoman Tubes operates one associated brand: Ottoman Tubes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of tubular solutions including ERW, CDW, CDS, and stainless steel tubes in India. | ottomantube.com |
Business activity
The main business activity of Ottoman 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 Ottoman Tubes Private Limited, buy the company report.
Financials of Ottoman Tubes Private Limited
FY 2025 filings availableOttoman Tubes Private Limited reported revenue of ₹89.52 Cr (down 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 24% fall in the latest year. EBITDA fell 11% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| EBITDA | ₹6.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.44 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Ottoman Tubes Private Limited, buy the company report.
Board of directors of Ottoman Tubes Private Limited
Ottoman Tubes has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satya Mahotra Also directs: Ottoman Foods Limited, Ottoman Industries Private Limited | Director | 09 Dec 1997 | 28 Years 10 Months | Current |
| Vippul Mahajan Also directs: Ottoman Foods Limited, Ottoman Industries Private Limited | Director | 01 Dec 2005 | 20 Years 11 Months | Current |
Auditor
Ottoman Tubes Private Limited is audited by SATISH GUPTA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATISH GUPTA & ASSOCIATES | FY 2023 | 002984N |
Shareholding
The shareholding of Ottoman 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 Ottoman Tubes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Oct 2023 | 100806196 | Others | ₹25.51 Cr | Open | |
| 06 Sep 2023 | 100783944 | Axis Bank Limited | ₹2.99 Cr | Open | |
| 06 Jul 2023 | 100750882 | Others | ₹25.51 Cr | Open | |
| 11 Aug 2020 | 100371362 | Axis Bank Limited | ₹5.1 Cr | Open | |
| 11 Aug 2021 | 100467327 | Standard Chartered Bank | ₹5.1 Cr | Satisfied |
To see the full charge records of Ottoman Tubes Private Limited, buy the company report.
Total charge records: 28 View all charges
Legal cases
Ottoman Tubes Private Limited has 25 court cases on record: 17 filed by Ottoman Tubes, 11 filed against it. 17 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 2 | 7 |
| High courts | 9 | 9 | 7 |
| NCLAT | 4 | 0 | 3 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Criminal miscellaneous application | Filed against the company by M/S Ottoman Tubes Pvt Ltd and 1 other | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Karan Automotives Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Karan Automotives Pvt. Ltd | Pending |
| High Court of Punjab and Haryana | Criminal miscellaneous application | Filed by the company against M/S Ottoman Tubes Pvt Ltd and Others and 1 other | Pending |
| High Court, HARYANA | Criminal miscellaneous application | Filed against the company by M/S Ottoman Tubes Pvt. Ltd. and 1 other | Pending |
To see the full case history of Ottoman Tubes Private Limited, 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.
MSME payment delays
Ottoman Tubes Private Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 448 overdue payments to 31 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 31)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Gravitas Enterprises Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Ottoman Tubes Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ottoman Tubes Private Limited has a workforce of 172 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Ottoman Tubes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACH8149N1Z6 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ottoman Tubes Private Limited, buy the company report.
Recent activity
Ottoman Tubes Private Limited has 4 board changes on record since 1997: 2 appointments and 2 cessations. The latest: Hardeep Kumar Mahotra ceased to be Director on 09 Feb 2026.
60 earlier events are in the company report.
Frequently asked questions
Ottoman Tubes is an active private limited company based in Palwal, Haryana, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 09 December 1997 (29+ years old) and is registered under CIN U27109HR1997PTC033799.
Ottoman Tubes has 2 current directors:
- Satya Mahotra - Director
- Vippul Mahajan - Director
The latest financial statements of Ottoman Tubes on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ottoman Tubes is 06AAACH8149N1Z6, registered in Haryana.
The CIN (Corporate Identification Number) of Ottoman Tubes is U27109HR1997PTC033799. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ottoman Tubes has 25 court cases on record: 17 filed by the company and 11 filed against it. 17 are pending. Most are in the district courts.
Ottoman Tubes was incorporated on 09 December 1997, making it 29+ years old. It is registered with the Registrar of Companies, Delhi.
Hardeep Kumar Mahotra ceased to be Director on 09 Feb 2026. Pardeep Mahajan ceased to be Director on 28 Jun 2021. Vippul Mahajan was appointed as Director on 01 Dec 2005. Ottoman Tubes has 4 board changes on record in total.
Yes, Ottoman Tubes is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-20-0000307).
Ottoman Tubes has 8 MSME Form 1 returns on record between 2019 and 2023, listing 448 overdue payments to 31 micro and small suppliers. The latest return was filed on 31 Aug 2023.
Ottoman Tubes can be reached through the website ottomantube.com. Its registered office is in Palwal, Haryana, India.

