MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0051048
Pipetech Engineering Solution Private Limited - engineering in Ambarnath, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹4.99 Cr
▼ 6% YoY
Net loss · FY 2023
₹4.61 Cr
Net margin -92.4%
EBITDA · FY 2023
-₹3.71 Cr
EBITDA margin -74.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4.81 Cr
Satisfied ₹1.35 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
30
Provident fund records
About Pipetech Engineering Solution Private Limited
Data last updated:
Pipetech Engineering Solution Private Limited is a private limited company based in Ambarnath, Maharashtra, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 29 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2013PTC243752. Its GSTIN is 27AAHCP2143B1ZU (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shaila Sunil Agale and Hiraman Kondiba Bhawar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Gala No. 207 B Wing Ambernath Industrial Park Plot No. Am – 20 Udyog B, Ambarnath, Maharashtra, India – 421501.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.99 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹4.61 Cr (net margin -92.4%) and EBITDA of -₹3.71 Cr (EBITDA margin -74.3%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 2% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Pipetech. As per MCA filings, the company has open charges of ₹4.81 Cr and satisfied charges of ₹1.35 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 2 cases are pending.
Pipetech Engineering Solution Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0051048). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pipetech.in.
Company details
CIN U74120MH2013PTC243752
Registration Number 243752
Incorporation Date 29 May 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0051048
Recognitions & Rankings of Pipetech Engineering Solution
Contact details
Pipetech Engineering Solution Private Limited's registered office is in Ambarnath, Maharashtra. Its website is pipetech.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGala No. 207 B Wing Ambernath Industrial Park Plot No. Am – 20 Udyog B, Ambarnath, Maharashtra, India – 421501
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Pipetech Engineering Solution Private Limited, buy the company report.
Comprehensive company report
Pipetech Engineering Solution 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
Pipetech Engineering Solution operates one associated brand: Pipetech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engineering design solutions for process and industrial projects are provided. | pipetech.in |
Business activity
The main business activity of Pipetech Engineering Solution is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Pipetech Engineering Solution Private Limited, buy the company report.
Financials of Pipetech Engineering Solution Private Limited
FY 2023 filings availablePipetech Engineering Solution Private Limited reported revenue of ₹4.99 Cr (down 6% YoY) for FY 2023.
Revenue · FY 2023
₹4.99 Cr ▼ 6%
Net loss · FY 2023
₹4.61 Cr margin -92.4%
EBITDA · FY 2023
-₹3.71 Cr margin -74.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 20%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 498%
3 years · compounded
▼ 62%
5 years · compounded
▼ 41%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 6% fall in the latest year. EBITDA fell 498% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | -₹3.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.61 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| 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 | -74.3% | ||||
| Net Profit Margin | -92.4% | ||||
| 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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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Pipetech Engineering Solution Private Limited, buy the company report.
Board of directors of Pipetech Engineering Solution Private Limited
Pipetech Engineering Solution has 2 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 |
|---|---|---|---|---|
| Shaila Sunil Agale | Director | 23 Feb 2021 | 5 Years 8 Months | Current |
| Hiraman Kondiba Bhawar | Director | 29 May 2013 | 13 Years 5 Months | Current |
Auditor
Pipetech Engineering Solution Private Limited is audited by RANKA ROONGTA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RANKA ROONGTA & CO. | FY 2022 | 121139W |
Shareholding
The shareholding of Pipetech Engineering Solution Private Limited 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 Pipetech Engineering Solution Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.81 Cr
Satisfied charges
₹1.35 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Sep 2021 | 100484532 | Others | ₹51 Lakh | Open | |
| 20 Jul 2020 | 100363808 | Others | ₹15.75 Lakh | Open | |
| 30 Apr 2020 | 100365244 | Others | ₹10 Lakh | Open | |
| 10 Jun 2019 | 100285109 | Yes Bank Limited | ₹45.14 Lakh | Open | |
| 13 Mar 2018 | 100173055 | Others | ₹1 Cr | Open |
To see the full charge records of Pipetech Engineering Solution Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Pipetech Engineering Solution Private Limited has 5 court cases on record: 5 filed against it. 2 cases are pending and 3 are disposed.
Total cases
5
Filed against the company
5
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln IDA) | Filed against the company by an individual | Pending |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed against the company by Punjab National Bank | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed against the company by M/S. Sarfaraj Kazi | Disposed |
To see the full case history of Pipetech Engineering Solution 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
Pipetech Engineering Solution Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 4 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 |
|---|---|---|---|
| Unosource Consultants Private Limited |
To see the full MSME payment records of Pipetech Engineering Solution Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Pipetech Engineering Solution Private Limited has a workforce of 30 employees on its EPFO records as of Nov 2022, across 1 active EPFO establishment.
Employee count
30
Active EPFO establishments
1
Employee growth
-49.2%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 30 |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Pipetech Engineering Solution Private Limited, buy the company report.
GST
Pipetech Engineering Solution has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCP2143B1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pipetech Engineering Solution Private Limited, buy the company report.
Recent activity
Pipetech Engineering Solution Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Sumedh Hiraman Bhawar ceased to be Director on 24 Feb 2021.
AGM
Pipetech Engineering Solution Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Pipetech Engineering Solution Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai Ii.
Charges
A charge with Others amounted to Rs. 51.00 Lakh with Charge ID 100484532 was registered on 09 Sep 2021.
Ceased
Sumedh Hiraman Bhawar ceased to be Director.
Appointed
Shaila Sunil Agale was appointed as Director.
Charges
A charge with Others amounted to Rs. 15.75 Lakh with Charge ID 100363808 was registered on 20 Jul 2020.
Charges
A charge with Others amounted to Rs. 10.00 Lakh with Charge ID 100365244 was registered on 30 Apr 2020.
Charges
A charge with Yes Bank Limited amounted to Rs. 45.14 Lakh with Charge ID 100285109 was registered on 10 Jun 2019.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100173055 was registered on 13 Mar 2018.
Charges
A charge registered on 31 Mar 2016 via Charge ID 100019769 with Others was fully satisfied on 29 Dec 2017.
Charges
A charge registered on 04 Dec 2014 via Charge ID 10539561 with Ambarnath Jai-Hind Co-Op Bank Ltd was fully satisfied on 29 Dec 2017.
Charges
A charge registered on 05 Nov 2014 via Charge ID 10533743 with Others was fully satisfied on 29 Dec 2017.
7 earlier events are in the company report.
Frequently asked questions
Pipetech Engineering Solution is an active private limited company based in Ambarnath, Maharashtra, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 29 May 2013 (13+ years old) and is registered under CIN U74120MH2013PTC243752.
Pipetech Engineering Solution has 2 current directors:
- Shaila Sunil Agale - Director
- Hiraman Kondiba Bhawar - Director
The latest financial statements of Pipetech Engineering Solution on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Pipetech Engineering Solution is 27AAHCP2143B1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Pipetech Engineering Solution is U74120MH2013PTC243752. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pipetech Engineering Solution has 5 court cases on record: 5 filed against it. 2 are pending.
Pipetech Engineering Solution was incorporated on 29 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Sumedh Hiraman Bhawar ceased to be Director on 24 Feb 2021. Shaila Sunil Agale was appointed as Director on 23 Feb 2021. Hiraman Kondiba Bhawar was appointed as Director on 29 May 2013.
Yes, Pipetech Engineering Solution is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0051048).
Pipetech Engineering Solution has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Oct 2021.
Pipetech Engineering Solution can be reached through the website pipetech.in. Its registered office is in Ambarnath, Maharashtra, India.
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