MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0019654
Pipe Corporation Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹36.2 Cr
▼ 20% YoY
Net profit · FY 2024
₹48.59 Lakh
Net margin 1.3%
EBITDA · FY 2024
₹2.4 Cr
EBITDA margin 6.6%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹45 Lakh
Issued & subscribed
Open charges
₹29.91 Cr
Satisfied ₹5.8 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
24
Provident fund records
About Pipe Corporation Private Limited
Data last updated:
Pipe Corporation Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 13 March 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U28113KA2003PTC031696. Its GSTIN is 29AACCP9054G1Z5 (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹45 Lakh. It is led by directors including Jagdish Prasad Khandelwal (Managing Director) and Amit Khandelwal.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at New No.164(Old No.54/19) 4th Cross Lalbagh Road K.S.Garden, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2024, the company reported a revenue of ₹36.2 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹48.59 Lakh (net margin 1.3%) and EBITDA of ₹2.4 Cr (EBITDA margin 6.6%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Pipe Corporation. As per MCA filings, the company has open charges of ₹29.91 Cr and satisfied charges of ₹5.8 Cr on record. Court records list 11 cases involving the company, including 10 filed by the company and 1 filed against it.
Pipe Corporation Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0019654). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pipecorporation.co.in.
Company details
CIN U28113KA2003PTC031696
Registration Number 031696
Incorporation Date 13 March 2003
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0019654
Key People
Jagdish Prasad Khandelwal Managing Director Amit Khandelwal Director Sandhya Khandelwal Director Recognitions & Rankings of Pipe Corporation
Contact details
Pipe Corporation Private Limited's registered office is in Bangalore, Karnataka. Its website is pipecorporation.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNew No.164(Old No.54/19) 4th Cross Lalbagh Road K.S.Garden, Bangalore, Karnataka, India – 560027
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Pipe Corporation Private Limited, buy the company report.
Comprehensive company report
Pipe Corporation 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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Brands
Pipe Corporation operates one associated brand: Pipe Corporation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Trading of commercial pipes and industrial supplies in Bangalore. | pipecorporation.co.in |
Business activity
The main business activity of Pipe Corporation 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 Pipe Corporation Private Limited, buy the company report.
Financials of Pipe Corporation Private Limited
FY 2025 filings availablePipe Corporation Private Limited reported revenue of ₹36.2 Cr (down 20% YoY) for FY 2024.
Revenue · FY 2024
₹36.2 Cr ▼ 20%
Net profit · FY 2024
₹48.59 Lakh margin 1.3%
EBITDA · FY 2024
₹2.4 Cr margin 6.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 5%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 9%
5 years · compounded
▲ 1%
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 20% fall in the latest year. EBITDA fell 2% 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 |
|---|---|---|---|---|---|
| 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 | ₹2.4 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹48.59 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Pipe Corporation Private Limited, buy the company report.
Board of directors of Pipe Corporation Private Limited
Pipe Corporation has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagdish Prasad Khandelwal | Managing Director | 13 Mar 2003 | 23 Years 7 Months | Current |
| Amit Khandelwal | Director | 13 Mar 2003 | 23 Years 7 Months | Current |
| Sandhya Khandelwal Also directs: Jagdish Pipes Private Limited, S.J.P. Marketing Private Limited | Director | 13 Mar 2003 | 23 Years 7 Months | Current |
Auditor
Pipe Corporation Private Limited is audited by NIRAJ BANSAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIRAJ BANSAL & CO. | FY 2023 | 206688 |
Shareholding
The shareholding of Pipe Corporation 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 Pipe Corporation Private Limited, buy the company report.
Charges & borrowings
Open charges
₹29.91 Cr
Satisfied charges
₹5.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 2023 | 100834653 | Others | ₹8.58 Lakh | Open | |
| 05 Jan 2023 | 100708778 | Others | ₹39.08 Lakh | Open | |
| 30 Aug 2021 | 100477905 | Others | ₹8.95 Cr | Open | |
| 17 Mar 2020 | 100338244 | Hdfc Bank Limited | ₹7 Cr | Open | |
| 13 Jun 2018 | 100187555 | Hdfc Bank Limited | ₹13.48 Cr | Open |
To see the full charge records of Pipe Corporation Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Pipe Corporation Private Limited has 11 court cases on record: 10 filed by Pipe Corporation, 1 filed against it. All cases are disposed.
Total cases
11
Filed by the company
10
Filed against the company
1
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by M/S Excel FPS and S Engineers India Pvt Ltd and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Excel FPS and S Engineers India Pvt Ltd and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Excel FPS and S Engineers India Pvt Ltd and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Sanjith Industries | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
To see the full case history of Pipe Corporation 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
Pipe Corporation Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 10 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Chetna Steel Tubes Private Limited | |||
| M K K Metal Sections Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Pipe Corporation Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Pipe Corporation Private Limited has a workforce of 24 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
24
Active EPFO establishments
1
Employee growth
-4%
GST
Pipe Corporation has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCP9054G1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pipe Corporation Private Limited, buy the company report.
Recent activity
Pipe Corporation Private Limited has 3 board changes on record since 2003: 3 appointments. The latest: Amit Khandelwal was appointed as Director on 13 Mar 2003.
AGM
Pipe Corporation Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Filing
Pipe Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited of Rs. 7.00 Cr registered on 17 Mar 2020 with Charge ID 100338244 was modified on 04 Jan 2024.
Charges
A charge with Others amounted to Rs. 0.09 Cr with Charge ID 100834653 was registered on 19 Dec 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 13.48 Cr registered on 13 Jun 2018 with Charge ID 100187555 was modified on 08 Jun 2023.
Charges
A charge with Others amounted to Rs. 0.39 Cr with Charge ID 100708778 was registered on 05 Jan 2023.
Charges
A charge with Others amounted to Rs. 8.95 Cr with Charge ID 100477905 was registered on 30 Aug 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.00 Cr with Charge ID 100338244 was registered on 17 Mar 2020.
Charges
A charge registered on 28 Aug 2003 via Charge ID 90192737 with State Bank Of Bikaner And Jaipur was fully satisfied on 27 Jun 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 13.48 Cr with Charge ID 100187555 was registered on 13 Jun 2018.
Charges
A charge registered on 21 Mar 2017 via Charge ID 100090503 with State Bank Of India was fully satisfied on 07 Jun 2018.
Charges
A charge with State Bank Of India amounted to Rs. 1.80 Cr with Charge ID 100090503 was registered on 21 Mar 2017.
6 earlier events are in the company report.
Frequently asked questions
Pipe Corporation is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 13 March 2003 (23+ years old) and is registered under CIN U28113KA2003PTC031696.
Pipe Corporation has 3 current directors:
- Jagdish Prasad Khandelwal - Managing Director
- Amit Khandelwal - Director
- Sandhya Khandelwal - Director
The latest financial statements of Pipe Corporation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Pipe Corporation is 29AACCP9054G1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Pipe Corporation is U28113KA2003PTC031696. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pipe Corporation has 11 court cases on record: 10 filed by the company and 1 filed against it.
Pipe Corporation was incorporated on 13 March 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
Amit Khandelwal was appointed as Director on 13 Mar 2003. Jagdish Prasad Khandelwal was appointed as Managing Director on 13 Mar 2003. Sandhya Khandelwal was appointed as Director on 13 Mar 2003.
Yes, Pipe Corporation is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0019654).
Pipe Corporation has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 10 overdue payments to 3 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Pipe Corporation can be reached through the website pipecorporation.co.in. Its registered office is in Bangalore, Karnataka, India.