Mehta Tubes Profile
Key Indicators
- Authorised Capital ₹ 16.00 Cr
- Paid Up Capital ₹ 15.14 Cr
- Company Age 36 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 328.64 Cr
- Satisfied Charges ₹ 185.76 Cr
- Revenue Growth 15.24%
- Profit Growth 27.56%
- Ebitda 27.29%
- Net Worth 47.11%
- Total Assets 24.33%
About Mehta Tubes
Mehta Tubes Limited (MTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 June 1988 and has a history of 36 years and seven months. Its registered office is in Valsad, Gujarat, India.
The Corporate was formerly known as Mehta 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 2023. It's a company limited by shares with an authorized capital of Rs 16.00 Cr and a paid-up capital of Rs 15.14 Cr.
The company currently has active open charges totaling ₹328.64 Cr. The company has closed loans amounting to ₹185.76 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mehta Tubes Limited India are Dixit Mehta as Cfo, Mukesh Mehta as Ceo, and Seema Gupta as Company Secretary.
Company Details
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Location
Valsad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U27109GJ1988PLC010794
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Company No.
010794
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
03 Jun 1988
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Mehta Tubes Limited offer?
Mehta Tubes Limited offers a wide range of products and services, including Copper & Brass Products, Copper Strips, Rod and Bars, Steel & Stainless Steel Products, Steel Strips, Metal and Alloy Wires, Alloy Wire, Industrial Copper, Brass Components, Alloy Pipe, Cupro Nickel Tube.
Who are the key members and board of directors at Mehta Tubes?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Dixit Mehta | CFO | 29-Jan-2024 | Current |
Rikhabchand Mehta
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Managing Director | 03-Jun-1988 | Current |
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Mukesh Mehta
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CEO | 25-Mar-2015 | Current |
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Seema Gupta
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Company Secretary | 01-Apr-2018 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Nishit Morakhia
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Director | 02-Mar-2015 | Current |
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Mukesh Mehta
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Director and Ceo | 28-Dec-2005 | Current |
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Mangilal Mehta
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Whole-Time Director | 03-Jun-1988 | Current |
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Sanjay Shah
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Whole-Time Director | 28-Dec-2005 | Current |
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Shailesh Khamar
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Director | 08-Jun-2021 | Current |
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Ganpat Mehta
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Whole-Time Director | 01-Jan-2016 | Current |
Financial Performance of Mehta Tubes.
Mehta Tubes Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.24% increase. The company also saw a substantial improvement in profitability, with a 27.56% increase in profit. The company's net worth Soared by an impressive increase of 47.11%.
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What is the Ownership and Shareholding Structure of Mehta Tubes?
In 2023, Mehta Tubes had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹328.64 Cr
₹185.76 Cr
Charges Breakdown by Lending Institutions
- Others : 158.64 Cr
- Hdfc Bank Limited : 130.00 Cr
- Citi Bank N.A. : 40.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Sep 2022 | Hdfc Bank Limited | ₹130.00 Cr | Open |
| 21 Jun 2022 | Citi Bank N.A. | ₹40.00 Cr | Open |
| 22 Mar 2021 | Others | ₹20.14 Cr | Open |
| 30 Jul 2014 | Others | ₹138.50 Cr | Open |
| 17 Jul 2019 | Others | ₹3.60 Cr | Satisfied |
How Many Employees Work at Mehta Tubes?
Mehta Tubes has a workforce of 121 employees as of Sep 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mehta 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 Mehta Tubes's trajectory.
Rating
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
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.
