Heavy Metal And Tubes Limited

Produces stainless steel tubes and pipes for various mechanical and cryogenic applications.

1990 | Ahmedabad, Gujarat (India) | Merged
Last Updated: January 15, 2025

Heavy Metal And Tubes Profile

Key Indicators

  • Authorised Capital ₹ 69.50 Cr
  • Paid Up Capital ₹ 59.16 Cr
  • Company Age 34 Year, 4 Months
  • Last Filing with ROC 31 Mar 2019
  • Satisfied Charges ₹ 443.36 Cr
  • Revenue Growth -68.87%
  • Profit Growth -22.56%
  • Ebitda -11.38%
  • Net Worth -146.68%
  • Total Assets -12.63%

About Heavy Metal And Tubes

Heavy Metal And Tubes Limited (HMATL) is Amalgamated company established on 17 Oct 1990 with its office registered at Ahmedabad, Gujarat, India and has been running since 34 Year, 4 Months with a paid up capital of 59.16 Cr. According to MCA records, 4 Directors and 1 Signatories are linked to this company as of 15 Jan 2025.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    heavytubes.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25200GJ1990PLC014554

  • Company No.

    014554

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Oct 1990

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Heavy Metal And Tubes?

Executive Team (2)

Name Designation Appointment Date Status
Nikhil Jain Country flag representing In CFO Current
Hitesh Jain Country flag representing In Managing Director 01-Jul-2004 Current

Board Members (2)

Name Designation Appointment Date Status
Moolsingh Parmar Country flag representing In Director 17-Aug-2007 Current
Dhaval Jain Country flag representing In Whole-Time Director 01-Apr-2004 Current

Financial Performance of Heavy Metal And Tubes.

Heavy Metal And Tubes Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 68.87% decrease. The company also saw a substantial fall in profitability, with a 22.56% decrease in profit. The company's net worth observed a substantial decline by a decrease of 146.68%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
-68.87%
Revenue from Operations
-65.43%
Total Assets
-12.63%
Profit or Loss
-22.56%
Net Worth
-146.68%
EBITDA
-11.38%

What is the Ownership and Shareholding Structure of Heavy Metal And Tubes?

In 2019, Heavy Metal And Tubes had a promoter holding of 44.13% and a public holding of 55.87%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹443.36 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 399.36 Cr
  • Idbi Bank Limited : 35.00 Cr
  • Dena Bank : 9.00 Cr

Latest Charge Details

Date Lender Amount Status
21 Nov 2011 Dena Bank ₹9.00 Cr Satisfied
25 Feb 2009 Idbi Bank Limited ₹35.00 Cr Satisfied
24 Aug 2005 State Bank Of India ₹254.90 Cr Satisfied
17 Jun 2004 State Bank Of India ₹144.46 Cr Satisfied

How Many Employees Work at Heavy Metal And Tubes?

Heavy Metal And Tubes has a workforce of 149 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Heavy Metal And 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 Heavy Metal And 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.

Latest Updates, News, and FAQs on Heavy Metal And Tubes

Recent activity within the organization

  • Annual General Meeting

    Heavy Metal And Tubes Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Heavy Metal And Tubes Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Ahmedabad.

    31 Mar 2019

  • Charges

    A charge registered on 24 Aug 2005 via Charge ID 90101147 with State Bank Of India was fully satisfied on 25 Apr 2017.

    25 Apr 2017

  • Charges

    A charge registered on 17 Jun 2004 via Charge ID 90102373 with State Bank Of India was fully satisfied on 25 Apr 2017.

    25 Apr 2017

  • Charges

    A charge registered on 21 Nov 2011 via Charge ID 10321739 with Dena Bank was fully satisfied on 16 Mar 2015.

    16 Mar 2015

  • Charges

    A charge with State Bank Of India of Rs. 254.90 Cr registered on 24 Aug 2005 with Charge ID 90101147 was modified on 03 Apr 2013.

    03 Apr 2013

Frequently asked questions

  • Heavy Metal And Tubes Limited was incorporated on 17 Oct 1990.

  • The authorized share capital of Heavy Metal And Tubes Limited is ₹ 69.50 Cr and paid-up capital is ₹ 59.16 Cr.

  • Currently 5 directors are associated with Heavy Metal And Tubes Limited.

    • Nikhil Keherchand Jain
    • Moolsingh Bhilsingh Parmar
    • Hitesh Keharchand Jain
    • Dhaval Keharchand Jain
    • Nikhil Keherchand Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Heavy Metal And Tubes Limited is 201-1. 1St Floor Ashwarath Bldg Opp. Petrol Pump Nr Ashram Road, Usmanpura India, Ahmedabad, Gujarat, 380013.

  • The corporate identification number (CIN) of Heavy Metal And Tubes Limited is U25200GJ1990PLC014554 and the company number is 014554 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Heavy Metal And Tubes Limited is https://www.heavytubes.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Heavy Metal And Tubes Limited has fallen by -68.87%.

  • As Per 2019 financial reports, 149 employees are currently employed by Heavy Metal And Tubes Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Heavy Metal And Tubes Limited has experienced an downturn of -146.68%.

  • The most recent Balance Sheet for Heavy Metal And Tubes Limited was filed with the ROC on 31 Mar 2019.

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