- Category
- Medium (2022-23)
- Udyam number
- UDYAM-PB-12-0004093

About Technico Strips and Tubes Private Limited.
Data last updated:
Technico Strips and Tubes Private Limited. is a private limited company based in New Delhi, Delhi, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 09 April 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1992PTC048295. Its GSTIN is 03AACCT6658G1ZB (Punjab).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.79 Cr. It was formerly known as R N Gupta Cycles Pvt Ltd. It is led by directors Ajay Gupta and Nitin Gupta.
Its last annual general meeting (AGM) was held on 31 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 103 Partap Bhawan Bhadurshah Zafar Marg, New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2021, the company reported a revenue of ₹56.27 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹25.93 Cr (net margin -46.1%) and EBITDA of -₹21.69 Cr (EBITDA margin -38.5%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 1% over five years.
The company has about 93 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹51.92 Cr and satisfied charges of ₹33.58 Cr on record. Court records list 16 cases involving the company, including 8 filed by the company and 8 filed against it.
Technico Strips and Tubes Private Limited. is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0004093). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website technicotubes.com.
Company details
Recognitions & Rankings of Technico Strips and Tubes Private Limited
Contact details
Technico Strips and Tubes Private Limited.'s registered office is in New Delhi, Delhi. Its website is technicotubes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address103 Partap Bhawan Bhadurshah Zafar Marg, New Delhi, Delhi, India – 110002
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Technico Strips and Tubes Private Limited., buy the company report.
- 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
Business activity
The main business activity of Technico Strips and Tubes Private Limited 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 Technico Strips and Tubes Private Limited., buy the company report.
Financials of Technico Strips and Tubes Private Limited.
FY 2021 filings availableTechnico Strips and Tubes Private Limited. reported revenue of ₹56.27 Cr (down 23% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 23% fall in the latest year. EBITDA fell 423% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹56.27 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹21.69 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹25.93 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -38.5% | ||||
| Net Profit Margin | -46.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Technico Strips and Tubes Private Limited., buy the company report.
Board of directors of Technico Strips and Tubes Private Limited.
Technico Strips and Tubes Private Limited has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Gupta | Director | 09 Apr 1992 | 34 Years 6 Months | Current |
| Nitin Gupta | Director | 29 Sep 2007 | 19 Years 0 Months | Current |
Peer comparison
Technico Strips and Tubes Private Limited. is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hisar Properties Private Limited | ₹58.24 Cr (FY 2024) | 59.0% | Hisar, Haryana, India | |||
| Sivanandha Pipe Fittings Limited | ₹57.21 Cr (FY 2024) | -11.0% | Chennai, Tamil Nadu, India | |||
| Rajasthan Tube Manufacturing Company Ltd | ₹56.43 Cr (FY 2025) | -41.0% | Chomu, Rajasthan, India | |||
| Technico Strips and Tubes Private Limited.this company | ₹56.27 Cr (FY 2021) | -₹25.93 Cr | -46.1% | -23.0% | 93 | New Delhi, Delhi, India |
| Govind Tubes and Pipes Private Limited | ₹55.2 Cr (FY 2024) | 152.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Technico Strips and Tubes Private Limited., buy the company report.
Auditor
Technico Strips and Tubes Private Limited. is audited by GUPTA SHARMA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUPTA SHARMA & ASSOCIATES | FY 2021 | 001466N |
Shareholding
The shareholding of Technico Strips and Tubes Private Limited. is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Technico Strips and Tubes Private Limited., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Feb 2021 | 100456196 | Others | ₹2.15 Cr | Open | |
| 13 Jan 2020 | 100323987 | Indian Bank | ₹1.75 Cr | Open | |
| 30 Apr 2019 | 100262580 | Indian Bank | ₹5 Cr | Open | |
| 30 Apr 2019 | 100262582 | Indian Bank | ₹50 Lakh | Open | |
| 12 Oct 2017 | 100132244 | Indian Bank | ₹85 Lakh | Open |
To see the full charge records of Technico Strips and Tubes Private Limited., buy the company report.
Total charge records: 22 View all charges
Legal cases
Technico Strips and Tubes Private Limited. has 16 court cases on record: 8 filed by Technico Strips and Tubes Private Limited, 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 7 | 0 |
| High courts | 2 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Appeal | Filed against the company by Emkay Automobile Industries Limited | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against M/S Emkay Automobile Industries Limited | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by Emkay Automobile Industries Ltd | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against Sheel Auto Industries Private Limited | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against Vir Rubber Products Pvt. Ltd. | Disposed |
To see the full case history of Technico Strips and Tubes 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
Technico Strips and Tubes Private Limited. was last rated by Care on 23 May 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 23 May 2023 |
To see the full credit ratings and regulatory alerts of Technico Strips and Tubes Private Limited., buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Technico Strips and Tubes Private Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Technico Strips and Tubes Private Limited. has a workforce of 93 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Technico Strips and Tubes Private Limited has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCT6658G1ZB | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Technico Strips and Tubes Private Limited., buy the company report.
Recent activity
Technico Strips and Tubes Private Limited. has 6 board changes on record since 1992: 2 appointments and 4 cessations. The latest: Anil Gupta ceased to be Director on 01 Dec 2007.
34 earlier events are in the company report.
Frequently asked questions
Technico Strips and Tubes Private Limited is an active private limited company based in New Delhi, Delhi, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 09 April 1992 (34+ years old) and is registered under CIN U74899DL1992PTC048295.
Technico Strips and Tubes Private Limited has 2 current directors:
- Ajay Gupta - Director
- Nitin Gupta - Director
The latest financial statements of Technico Strips and Tubes Private Limited on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 31 December 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Technico Strips and Tubes Private Limited is 03AACCT6658G1ZB, registered in Punjab.
The CIN (Corporate Identification Number) of Technico Strips and Tubes Private Limited is U74899DL1992PTC048295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Technico Strips and Tubes Private Limited has 16 court cases on record: 8 filed by the company and 8 filed against it. Most are in the district courts.
Technico Strips and Tubes Private Limited was incorporated on 09 April 1992, making it 34+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Technico Strips and Tubes Private Limited by revenue are Hisar Properties Private Limited, Sivanandha Pipe Fittings Limited, Rajasthan Tube Manufacturing Company Ltd, Govind Tubes and Pipes Private Limited, all in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products).
Anil Gupta ceased to be Director on 01 Dec 2007. Arun Gupta ceased to be Director on 01 Dec 2007. Avinash Gupta ceased to be Director on 01 Dec 2007. Technico Strips and Tubes Private Limited has 6 board changes on record in total.
Yes, Technico Strips and Tubes Private Limited is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-12-0004093).
Technico Strips and Tubes Private Limited can be reached through the website technicotubes.com. Its registered office is in New Delhi, Delhi, India.