MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-21-0000240
Stuti Pipes Private Limited - manufacturing in Prantij, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹12.44 Cr
▼ 71% YoY
Net loss · FY 2023
₹10.31 Cr
Net margin -82.8%
EBITDA · FY 2023
-₹12.48 Cr
EBITDA margin -100.3%
Authorised capital
₹4.25 Cr
Registered with MCA
Paid-up capital
₹4.16 Cr
Issued & subscribed
Open charges
₹16.3 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
4
Provident fund records
About Stuti Pipes Private Limited
Data last updated:
Stuti Pipes Private Limited is a private limited company based in Prantij, Gujarat, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 25 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25202GJ2011PTC065135. The company has 6 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹4.25 Cr and a paid-up capital of ₹4.16 Cr. It is led by directors Suresh Kumar Sharma and Somesh Kumar Sharma.
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 Block No.433 Majara Chokadi Talod Road Vill. & Taluka Prantij, Gujarat, India – 383205.
As per the financials filed for FY 2023, the company reported a revenue of ₹12.44 Cr, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹10.31 Cr (net margin -82.8%) and EBITDA of -₹12.48 Cr (EBITDA margin -100.3%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 18% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.3 Cr on record. Court records list 18 cases involving the company, including 13 filed by the company and 5 filed against it; 2 cases are pending.
Stuti Pipes Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-21-0000240). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ajitapipes.com.
Company details
CIN U25202GJ2011PTC065135
Registration Number 065135
Incorporation Date 25 April 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-21-0000240
Recognitions & Rankings of Stuti Pipes
Contact details
Stuti Pipes Private Limited's registered office is in Prantij, Gujarat. Its website is ajitapipes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBlock No.433 Majara Chokadi Talod Road Vill. & Taluka Prantij, Gujarat, India – 383205
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Stuti Pipes Private Limited, buy the company report.
Comprehensive company report
Stuti Pipes 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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Business activity
The main business activity of Stuti Pipes 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 Stuti Pipes Private Limited, buy the company report.
Financials of Stuti Pipes Private Limited
FY 2023 filings availableStuti Pipes Private Limited reported revenue of ₹12.44 Cr (down 71% YoY) for FY 2023.
Revenue · FY 2023
₹12.44 Cr ▼ 71%
Net loss · FY 2023
₹10.31 Cr margin -82.8%
EBITDA · FY 2023
-₹12.48 Cr margin -100.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 71%
3 years · compounded
▼ 25%
5 years · compounded
▼ 18%
EBITDA CAGR growth
1 year
▼ 316%
3 years · compounded
▼ 94%
5 years · compounded
▼ 47%
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 71% fall in the latest year. EBITDA fell 316% 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 | ₹12.44 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹12.48 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.31 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -100.3% | ||||
| Net Profit Margin | -82.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Stuti Pipes Private Limited, buy the company report.
Board of directors of Stuti Pipes Private Limited
Stuti Pipes has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Kumar Sharma | Director | 25 Apr 2011 | 15 Years 6 Months | Current |
| Somesh Kumar Sharma | Director | 25 Apr 2011 | 15 Years 6 Months | Current |
Auditor
Stuti Pipes Private Limited is audited by P.D.GOINKA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.D.GOINKA & CO | FY 2023 | 103260W |
Shareholding
The shareholding of Stuti Pipes 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 Stuti Pipes Private Limited, buy the company report.
Charges & borrowings
Open charges
₹16.3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2012 | 10350169 | Others | ₹16.3 Cr | Open |
To see the full charge records of Stuti Pipes Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Stuti Pipes Private Limited has 18 court cases on record: 13 filed by Stuti Pipes, 5 filed against it. 2 cases are pending and 16 are disposed.
Total cases
18
Filed by the company
13
Filed against the company
5
Pending
2
Disposed
16
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 2 | 0 |
| High courts | 4 | 3 | 2 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by M/S Jay Marketing Thro Paulini W/O Shrikunj Dalal and 5 others | Pending |
| High Court of Rajasthan | Appeal | Filed against the company | Pending |
| District court, Sabarkantha at Himmatnagar, Gujarat | Criminal miscellaneous application | Filed against the company by Central Bank of India Through Its Authorised Officer Kavita Goyal | Disposed |
| District court, Sabarkantha at Himmatnagar, Gujarat | Court case (CMA DC) | Filed against the company by M/S Jay Marketing and 1 other | Disposed |
| District court, Sabarkantha at Himmatnagar, Gujarat | Court case (EXE R) | Filed by the company against individuals | Disposed |
To see the full case history of Stuti Pipes 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.
Credit ratings & regulatory alerts
Stuti Pipes Private Limited was last rated by Crisil on 25 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 Feb 2020 |
To see the full credit ratings and regulatory alerts of Stuti Pipes Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Stuti Pipes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Stuti Pipes Private Limited has a workforce of 4 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
GST
Stuti Pipes has 6 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
6
Cancelled / inactive
6
To see the full GST registrations and return filing status of Stuti Pipes Private Limited, buy the company report.
Recent activity
Stuti Pipes Private Limited has 8 board changes on record since 2011: 5 appointments and 3 cessations. The latest: Sorabhkumar Sharma ceased to be Director on 31 Oct 2022.
AGM
Stuti Pipes Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Stuti Pipes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Ceased
Sorabhkumar Sharma ceased to be Director.
Charges
A charge with Others of Rs. 16.30 Cr registered on 30 Mar 2012 with Charge ID 10350169 was modified on 05 Feb 2021.
Appointed
Sorabhkumar Sharma was appointed as Director.
Ceased
Sushil Nagarmal Sharma ceased to be Director.
Charges
A charge with Others amounted to Rs. 16.30 Cr with Charge ID 10350169 was registered on 30 Mar 2012.
Ceased
Sumeet Kumar Sharma ceased to be Director.
Appointed
Sumeet Kumar Sharma was appointed as Director.
Appointed
Sushil Nagarmal Sharma was appointed as Director.
Appointed
Somesh Kumar Sharma was appointed as Director.
Appointed
Suresh Kumar Sharma was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Stuti Pipes is an active private limited company based in Prantij, Gujarat, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 25 April 2011 (15+ years old) and is registered under CIN U25202GJ2011PTC065135.
Stuti Pipes has 2 current directors:
- Suresh Kumar Sharma - Director
- Somesh Kumar Sharma - Director
The latest financial statements of Stuti Pipes 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.
No. Stuti Pipes has 6 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Stuti Pipes is U25202GJ2011PTC065135. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stuti Pipes has 18 court cases on record: 13 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Stuti Pipes was incorporated on 25 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sorabhkumar Sharma ceased to be Director on 31 Oct 2022. Sorabhkumar Sharma was appointed as Director on 29 Dec 2016. Sushil Nagarmal Sharma ceased to be Director on 29 Dec 2016. Stuti Pipes has 8 board changes on record in total.
Yes, Stuti Pipes is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-21-0000240).
Stuti Pipes can be reached through the website ajitapipes.com. Its registered office is in Prantij, Gujarat, India.
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