Mega Pipes Private Limited

Manufactures and supplies pipes and tubes for oil and gas sector.

2005 | Raigarh, Maharashtra (India) | Active
Last Updated: December 23, 2023

Mega Pipes Profile

Key Indicators

  • Authorised Capital ₹ 70.00 Cr
  • Paid Up Capital ₹ 40.00 Cr
  • Company Age 19 Year, 2 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 250.00 Cr
  • Satisfied Charges ₹ 2,216.73 Cr
  • Revenue Growth 226.99%
  • Profit Growth 174.40%
  • Ebitda 450.36%
  • Net Worth 944.29%
  • Total Assets 7.56%

About Mega Pipes

Mega Pipes Private Limited (MPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 November 2005 and has a history of 19 years and two months. Its registered office is in Raigarh, Maharashtra, India.

The Corporate was formerly known as Topworth Pipes & Tubes Private Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 70.00 Cr and a paid-up capital of Rs 40.00 Cr.

The company currently has active open charges totaling ₹250.00 Cr. The company has closed loans amounting to ₹2,216.73 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mega Pipes Private Limited India is Bhuvanesh Dave as COMPANY SECRETARY. Satyapal Jain, Jaspreet Bhatia, Sampat Bhudeka, and One other member serve as directors at the Company.

Company Details

  • Location

    Raigarh, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29120MH2005PTC157395

  • Company No.

    157395

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Nov 2005

  • Date of AGM

    29 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Mega Pipes Private Limited offer?

Mega Pipes Private Limited offers a wide range of products and services, including Power Plants & Spare Parts, Thermal Power Plant, Packaging Foil, Aluminum Foils, Infrastructure Construction Service, Industrial Infrastructure Service, Mining Machinery, Steel Products, Aluminium Foil Jumbo Rolls.

Who are the key members and board of directors at Mega Pipes?

Executive Team (1)

NameDesignationAppointment DateStatus
Bhuvanesh Dave Company Secretary03-Apr-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Sampat Bhudeka Country flag representing In Director 09-Mar-2021Current
Gaurav Jain Country flag representing In Director 09-Mar-2021Current
Satyapal Jain Country flag representing In Director 07-May-2021Current
Jaspreet Bhatia Country flag representing In Additional Director 01-Aug-2023Current

Financial Performance of Mega Pipes.

Mega Pipes Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 226.99% increase. The company also saw a substantial improvement in profitability, with a 174.4% increase in profit. The company's net worth Soared by an impressive increase of 944.29%.

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
226.99%
Revenue from Operations
227.31%
Total Assets
7.56%
Profit or Loss
174.40%
Net Worth
944.29%
EBITDA
450.36%

What is the Ownership and Shareholding Structure of Mega Pipes?

In 2023, Mega Pipes had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹250.00 Cr

Satisfied Charges

₹2,216.73 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 100.00 Cr
  • Hdfc Bank Limited : 100.00 Cr
  • Others : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Mar 2022Others₹50.00 CrOpen
08 Dec 2021Hdfc Bank Limited₹100.00 CrOpen
01 Jul 2021Yes Bank Limited₹100.00 CrOpen
19 Sep 2015Union Bank Of India₹25.00 CrSatisfied
13 Oct 2014Oriental Bank Of Commerce₹15.00 CrSatisfied

How Many Employees Work at Mega Pipes?

Unlock and access historical data on people associated with Mega Pipes, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mega Pipes, 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 Mega Pipes'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 Mega Pipes

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 100.00 Cr registered on 08 Dec 2021 with Charge ID 100519714 was modified on 21 Oct 2023.

    21 Oct 2023

  • Director Appointment

    Jaspreet Singh Bhatia was appointed as a Additional Director was appointed as a Additional Director on 01 Aug 2023 & has been associated with this company since 1 year 6 months .

    01 Aug 2023

  • Director Appointment

    Bhuvanesh Dave was appointed as a Company Secretary was appointed as a Company Secretary on 03 Apr 2023 & has been associated with this company since 1 year 9 months .

    03 Apr 2023

  • Annual General Meeting

    Mega Pipes Private Limited last Annual general meeting of members was held on 29 Sep 2022 as per latest MCA records.

    29 Sep 2022

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 21 Mar 2022 with Charge ID 100554789 was modified on 07 Sep 2022.

    07 Sep 2022

  • Charges

    A charge with Yes Bank Limited of Rs. 100.00 Cr registered on 01 Jul 2021 with Charge ID 100466202 was modified on 12 Aug 2022.

    12 Aug 2022

Frequently asked questions

  • Mega Pipes Private Limited was incorporated on 18 Nov 2005.

  • The authorized share capital of Mega Pipes Private Limited is ₹ 70.00 Cr and paid-up capital is ₹ 40.00 Cr.

  • Currently 5 directors are associated with Mega Pipes Private Limited.

    • Satyapal Jaikumar Jain
    • Jaspreet Singh Bhatia
    • Bhuvanesh Dave
    • Sampat Kumar Bhudeka
    • Gaurav Satyapal Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mega Pipes Private Limited is Village - Hedavali Khopoli Pali Road, Taluka-Sudhagad, Maharashtra, India, 410205.

  • The corporate identification number (CIN) of Mega Pipes Private Limited is U29120MH2005PTC157395 and the company number is 157395 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mega Pipes Private Limited is https://www.megapipes.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mega Pipes Private Limited has risen by 226.99%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mega Pipes Private Limited has experienced an upsurge of 944.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mega Pipes Private Limited amount to ₹ 250.00 Cr.

  • The most recent Balance Sheet for Mega Pipes Private Limited was filed with the ROC on 31 Mar 2022.

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