Sainest Tubes Private Limited - Company Profile

It is a manufacturing private limited company based in Ahmedabad, Gujarat, India, established in 1988.
1988 Ahmedabad, Gujarat, India Active
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About Sainest Tubes Private Limited

Sainest Tubes Private Limited, a active private limited company, was established on 09 December 1988 in Ahmedabad, Gujarat, India. Engaging in pipe & tubes within the manufacturing sector, it holds CIN: U28999GJ1988PTC011615. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2.25 Cr and a paid-up capital of ₹2.05 Cr.

It upholds a compliant status. Employing 67 professional, Its leadership includes Nari Madhavdas Matai (Director), Siddharth Ishwar Bajaj (Director), Ishwar Bajaj (Director). Past directors included Kamlesh Parasram Bajaj, Mayaben Chaharmal Bellani. It holds ₹125.83 Cr open charges and ₹142.07 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at A-404 S. G. Business Hub, S. G. Highway, Ahmedabad, Gujarat, 382470.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U28999GJ1988PTC011615

  • Registration Number

    011615

  • Incorporation Date

    09 December 1988

  • Authorized Capital

    ₹2.25 Cr

  • Paid-Up Capital

    ₹2.05 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.25 Cr
  • Paid Up Capital ₹ 2.05 Cr
  • Company Age 37 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 125.83 Cr
  • Satisfied Charges ₹ 142.07 Cr
  • Revenue Growth **** 44.62%
  • Profit Growth **** 137.65%
  • Ebitda **** 110.08%
  • Net Worth 26.96%
  • Total Assets **** 28.88%
Company report

Sainest Tubes Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Sainest Tubes Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Sainest Tubes Private Limited?
Current Directors
Name Designation Appointment Date Status
Nari Madhavdas Matai Director 01 Aug 1991 Current
Siddharth Ishwar Bajaj Director 19 Apr 2018 Current
Ishwar Bajaj Director 01 Jan 1990 Current
Parshotam Bellani Whole-Time Director 09 Dec 1988 Current
Kaushal Parshotam Bellani Director 01 Jul 2012 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Whole-Time Director 02 Sep 2017 Past
Pramod Abcsdd Director 01 Jul 2012 Past

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Financial Performance of Sainest Tubes.

Sainest Tubes Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.62% increase. The company also saw a substantial improvement in profitability, with a 137.65% increase in profit. The company's net worth Soared by an impressive increase of 26.96%.

Sainest Tubes revenue growth over time
Sainest Tubes profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 44.62%
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*******
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Revenue from Operations
*******
 44.84%
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*******
*******
*******
Total Assets
*******
 28.88%
*******
*******
*******
*******
Profit or Loss
*******
 137.65%
*******
*******
*******
*******
Net Worth
*******
 26.96%
*******
*******
*******
*******
EBITDA
*******
 110.08%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Sainest Tubes?

In 2023, Sainest Tubes had a promoter holding of 77.02% and a public holding of 22.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,258,348,000.00

Satisfied Charges

₹1,420,684,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 85.29 Cr
  • Yes Bank Limited : 39.97 Cr
  • Gujarat State Financial Corpn. : 0.57 Cr
Latest Charge Details
Date Lender Amount Status
05 Mar 2024 Yes Bank Limited ₹39.97 Cr Open
10 Sep 2018 Axis Bank Limited ₹85.29 Cr Open
28 Aug 1992 Gujarat State Financial Corpn. ₹5.75 M Open
30 Dec 2021 Axis Bank Limited ₹4.16 Cr Satisfied
07 Jul 2007 Dena Bank ₹4.55 Cr Satisfied

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How Many Employees Work at Sainest Tubes?

Sainest Tubes has a workforce of 67 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sainest Tubes, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sainest Tubes's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Sainest Tubes
Recent Activity within the Organization
  • Charges

    The activity A charge registered on 30 Dec 2021 via Charge ID 100533995 with Axis Bank Limited was fully satisfied on 05 Jun 2025. was completed.

  • Charges

    Progress on A charge with Yes Bank Limited of Rs. 39.97 Cr registered on 05 Mar 2024 with Charge ID 100880495 was modified on 26 May 2025. was documented.

  • Annual General Meeting

    Sainest Tubes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Sainest Tubes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was documented.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 39.97 Cr with Charge ID 100880495 was registered on 05 Mar 2024. was recorded as a recent event.

  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 85.29 Cr registered on 10 Sep 2018 with Charge ID 100204548 was modified on 29 Aug 2023. was documented.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Sainest Tubes Private Limited?

The CIN of Sainest Tubes Private Limited is U28999GJ1988PTC011615.

Where is Sainest Tubes Private Limited headquartered?

Sainest Tubes Private Limited is headquartered at A-404 S. G. Business Hub, S. G. Highway, Ahmedabad, Gujarat, 382470.

When was Sainest Tubes Private Limited incorporated?

Sainest Tubes Private Limited was incorporated on 09 December 1988.

Who are the current directors of Sainest Tubes Private Limited?

The current directors of Sainest Tubes Private Limited are

What is the primary industry of Sainest Tubes Private Limited?

The primary industry of Sainest Tubes Private Limited is Manufacturing.

Is Sainest Tubes Private Limited a listed company?

Sainest Tubes Private Limited is unlisted.

What is the capital structure of Sainest Tubes Private Limited?

The authorized capital of Sainest Tubes Private Limited is ₹2.25 Cr, and the paid-up capital is ₹2.05 Cr.

What is the compliance status of Sainest Tubes Private Limited?

The compliance status of Sainest Tubes Private Limited is Compliant.

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