MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-23-0021078
Sunvesta Pipes Private Limited
Sunvesta Pipes Private Limited - manufacturing in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹28.19 Cr
▼ 5% YoY
Net profit · FY 2024
₹34.79 Lakh
Net margin 1.2%
EBITDA · FY 2024
₹1.82 Cr
EBITDA margin 6.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹10.79 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
8
Provident fund records
About Sunvesta Pipes Private Limited
Data last updated:
Sunvesta Pipes Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 19 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U26999MH2017PTC295157. Its GSTIN is 27AAYCS6891G1ZD (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Valmik Daulat Desale and Rahul Tukaram Borade.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Nashik, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.19 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹34.79 Lakh (net margin 1.2%) and EBITDA of ₹1.82 Cr (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 27% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.79 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Sunvesta Pipes Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0021078). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U26999MH2017PTC295157
Registration Number 295157
Incorporation Date 19 May 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-23-0021078
Recognitions & Rankings of Sunvesta Pipes
Contact details
Sunvesta Pipes Private Limited's registered office is in Nashik, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 202, Prabhu Business Centre Shri Ravi Shankar Marg, Nashik, Maharashtra, India – 422006
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Sunvesta Pipes Private Limited, buy the company report.
Comprehensive company report
Sunvesta 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 Sunvesta Pipes is manufacturing. In detail, this covers manufacture of rubber and plastics products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 22 | Manufacture of rubber and plastics products |
To see the full business activity and turnover split of Sunvesta Pipes Private Limited, buy the company report.
Financials of Sunvesta Pipes Private Limited
FY 2024 filings availableSunvesta Pipes Private Limited reported revenue of ₹28.19 Cr (down 5% YoY) for FY 2024.
Revenue · FY 2024
₹28.19 Cr ▼ 5%
Net profit · FY 2024
₹34.79 Lakh margin 1.2%
EBITDA · FY 2024
₹1.82 Cr margin 6.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 51%
5 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 27%
5 years · compounded
▲ 6%
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 27%. EBITDA rose 42% 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 | ₹1.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹34.79 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 | 6.5% | ||||
| Net Profit Margin | 1.2% | ||||
| 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 Sunvesta Pipes Private Limited, buy the company report.
Board of directors of Sunvesta Pipes Private Limited
Sunvesta Pipes has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Valmik Daulat Desale | Director | 19 May 2017 | 9 Years 5 Months | Current |
| Rahul Tukaram Borade | Director | 19 May 2017 | 9 Years 5 Months | Current |
Auditor
Sunvesta Pipes Private Limited is audited by D V S AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D V S AND COMPANY | FY 2023 | 133767W |
Shareholding
The shareholding of Sunvesta Pipes Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sunvesta Pipes Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.79 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2024 | 100915408 | Others | ₹20 Lakh | Open | |
| 29 Sep 2022 | 100628224 | Others | ₹1.09 Cr | Open | |
| 22 Aug 2017 | 100172027 | Others | ₹9.5 Cr | Open |
To see the full charge records of Sunvesta Pipes Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Sunvesta Pipes Private Limited has 1 court case on record: 1 filed by Sunvesta Pipes. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Sunvesta 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sunvesta Pipes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sunvesta Pipes has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAYCS6891G1ZD | Maharashtra | Active | 19 Jul 2017 |
To see the full GST registrations and return filing status of Sunvesta Pipes Private Limited, buy the company report.
Recent activity
Sunvesta Pipes Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Tushar Shaligram Bhosale ceased to be Director on 03 Oct 2022.
AGM
Sunvesta Pipes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sunvesta Pipes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100915408 was registered on 20 Mar 2024.
Charges
A charge with Others of Rs. 9.50 Cr registered on 22 Aug 2017 with Charge ID 100172027 was modified on 04 Jul 2023.
Ceased
Tushar Shaligram Bhosale ceased to be Director.
Charges
A charge with Others amounted to Rs. 1.09 Cr with Charge ID 100628224 was registered on 29 Sep 2022.
Charges
A charge with Others amounted to Rs. 9.50 Cr with Charge ID 100172027 was registered on 22 Aug 2017.
Ceased
Narayan Raosaheb More ceased to be Director.
Appointed
Rahul Tukaram Borade was appointed as Director.
Appointed
Valmik Daulat Desale was appointed as Director.
Incorporation
19 May 2017
Sunvesta Pipes Private Limited was registered on 19 May 2017 with Roc Mumbai & aged 9 years 5 months as per MCA records.
Frequently asked questions
Sunvesta Pipes is an active private limited company based in Nashik, Maharashtra, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 19 May 2017 (9+ years old) and is registered under CIN U26999MH2017PTC295157.
Sunvesta Pipes has 2 current directors:
- Valmik Daulat Desale - Director
- Rahul Tukaram Borade - Director
The latest financial statements of Sunvesta Pipes on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Sunvesta Pipes is 27AAYCS6891G1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sunvesta Pipes is U26999MH2017PTC295157. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunvesta Pipes has 1 court case on record: 1 filed by the company.
Sunvesta Pipes was incorporated on 19 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Tushar Shaligram Bhosale ceased to be Director on 03 Oct 2022. Narayan Raosaheb More ceased to be Director on 16 Jun 2017. Rahul Tukaram Borade was appointed as Director on 19 May 2017. Sunvesta Pipes has 4 board changes on record in total.
Yes, Sunvesta Pipes is registered as a small enterprise under Udyam registration (number: UDYAM-MH-23-0021078).
The registered office of Sunvesta Pipes is at Shop No. 202, Prabhu Business Centre Shri Ravi Shankar Marg, Nashik, Maharashtra, India – 422006.
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