
About V M Pipefit Private Limited
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V M Pipefit Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 02 June 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28999MH2022PTC383987.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pravin Modi and Vinodbhai Bhurabhai Ghanchi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5 Floor – 1 Plot – 36 Datta Niwas Maruti Man Dir Marg Durgadevi Udyan 5th Kumbharwada, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.03 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹5.37 Lakh (net margin 0.5%) and EBITDA of ₹36.84 Lakh (EBITDA margin 3.3%).
As per MCA filings, the company has open charges of ₹1.55 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
V M Pipefit Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0138849). For more details, the company can be reached via its website vmpipefit.com.
Company details
Recognitions & Rankings of V M Pipefit
- Udyam number
- UDYAM-MH-19-0138849
Contact details
V M Pipefit Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address5 Floor – 1 Plot – 36 Datta Niwas Maruti Man Dir Marg Durgadevi Udyan 5th Kumbharwada, Mumbai, Maharashtra, India – 400004
- IndustryEngineering, Metal Foundry & Fabrication Services
- 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 V M Pipefit is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of V M Pipefit Private Limited, buy the company report.
Financials of V M Pipefit Private Limited
FY 2025 filings availableV M Pipefit Private Limited reported revenue of ₹11.03 Cr (up 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year. EBITDA rose 93% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
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| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
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| Depreciation and Amortisation | ||
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| Total Expenses | ||
| EBITDA | ₹36.84 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹5.37 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
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| Long-term Borrowings | ||
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| Trade Payables | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 3.3% | |
| Net Profit Margin | 0.5% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
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| Efficiency and Growth | ||
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| Receivable Days | ||
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To see the full financial statements and ratios of V M Pipefit Private Limited, buy the company report.
Board of directors of V M Pipefit Private Limited
V M Pipefit has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravin Modi | Director | 02 Jun 2022 | 4 Years 5 Months | Current |
| Vinodbhai Bhurabhai Ghanchi | Director | 02 Jun 2022 | 4 Years 5 Months | Current |
Peer comparison
V M Pipefit Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution, Metals), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Netwin Agro & Biotech Private Limited | ₹11.07 Cr (FY 2023) | 59.0% | Indore, Madhya Pradesh, India | |||
| Maliwal Metals Private Limited | ₹11.06 Cr (FY 2024) | 1.0% | Ahmedabad, Gujarat, India | |||
| V M Pipefit Private Limitedthis company | ₹11.03 Cr (FY 2024) | ₹5.37 Lakh | 0.5% | 13.0% | Mumbai, Maharashtra, India | |
| Sanbros Spares Private Limited | ₹11.01 Cr (FY 2024) | 21.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of V M Pipefit Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Aug 2025 | 101155460 | Yes Bank Limited | ₹1 Cr | Open | |
| 15 Feb 2023 | 100681045 | The Hongkong and Shanghai Banking Corporation Limited | ₹55 Lakh | Open |
To see the full charge records of V M Pipefit Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
V M Pipefit Private Limited has 1 court case on record: 1 filed by V M Pipefit. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY) | Filed by the company against an individual | Pending |
To see the full case history of V M Pipefit 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 V M Pipefit Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for V M Pipefit Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
V M Pipefit Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Pravin Modi was appointed as Director on 02 Jun 2022.
Frequently asked questions
V M Pipefit is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 02 June 2022 (4+ years old) and is registered under CIN U28999MH2022PTC383987.
V M Pipefit has 2 current directors:
- Pravin Modi - Director
- Vinodbhai Bhurabhai Ghanchi - Director
The latest financial statements of V M Pipefit on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of V M Pipefit is U28999MH2022PTC383987. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V M Pipefit has 1 court case on record: 1 filed by the company. 1 is pending.
V M Pipefit was incorporated on 02 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of V M Pipefit by revenue are Netwin Agro & Biotech Private Limited, Maliwal Metals Private Limited, Sanbros Spares Private Limited, all in the Metals and Minerals industry (Construction Materials Retail and Distribution, Metals), with the same principal business activity (wholesale trading).
Pravin Modi was appointed as Director on 02 Jun 2022. Vinodbhai Bhurabhai Ghanchi was appointed as Director on 02 Jun 2022.
Yes, V M Pipefit is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, V M Pipefit is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0138849).
V M Pipefit can be reached through the website vmpipefit.com. Its registered office is in Mumbai, Maharashtra, India.

