Mehta Tubes Profile
Key Indicators
- Authorised Capital ₹ 16.00 Cr
- Paid Up Capital ₹ 15.14 Cr
- Company Age 36 Year, 9 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 nine 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. Mukesh Mehta, Rikhabchand Mehta, Mangilal Mehta, and Six other members serve as directors at the Company.
Company Details
- Location
Valsad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27109GJ1988PLC010794
- Company No.
010794
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 Jun 1988
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
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  | Managing Director | 03-Jun-1988 | Current |
| Mukesh Mehta | CEO | 25-Mar-2015 | Current |
| Seema Gupta | Company Secretary | 01-Apr-2018 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nishit Morakhia | Director | 02-Mar-2015 | Current |
| Mukesh Mehta | Director and Ceo | 28-Dec-2005 | Current |
| Mangilal Mehta | Whole-Time Director | 03-Jun-1988 | Current |
| Sanjay Shah | Whole-Time Director | 28-Dec-2005 | Current |
| Shailesh Khamar | Director | 08-Jun-2021 | Current |
| Ganpat Mehta | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Mukesh Metal Industries Private LimitedMangilal Mehta is a mutual person
Bombay Metal Exchange LimitedRikhabchand Mehta is a mutual person
Kashtha Properties LlpMukesh Mehta is a mutual person
- Wycomb Realties Llp
Mukesh Mehta is a mutual person
- Anantaya Realties Llp
Mukesh Mehta and Sanjay Shah are mutual person
- Deetya Real Estate Llp
Mukesh Mehta and Sanjay Shah are mutual person
Charges (Loans)
Open Charges
₹328.64 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Mehta Tubes
Recent activity within the organization
- Charges
A charge registered on 03 Jan 2015 via Charge ID 10572158 with Kotak Mahindra Bank Limited was fully satisfied on 16 Aug 2024.
- Charges
A charge registered on 03 Jan 2015 via Charge ID 10572160 with Kotak Mahindra Bank Limited was fully satisfied on 16 Aug 2024.
- Charges
A charge with Others of Rs. 138.50 Cr registered on 30 Jul 2014 with Charge ID 10528882 was modified on 06 Aug 2024.
- Charges
A charge with Hdfc Bank Limited of Rs. 130.00 Cr registered on 19 Sep 2022 with Charge ID 100616668 was modified on 26 Mar 2024.
- Director Appointment
Dixit Ganpat Mehta was appointed as a Cfo was appointed as a Cfo on 29 Jan 2024 & has been associated with this company since 1 year 1 month .
- Annual General Meeting
Mehta Tubes Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Frequently asked questions
What is the Incorporation or founding date of Mehta Tubes Limited?
Mehta Tubes Limited was incorporated on 03 Jun 1988.
What is authorized share capital and paid-up capital of Mehta Tubes Limited?
The authorized share capital of Mehta Tubes Limited is ₹ 16.00 Cr and paid-up capital is ₹ 15.14 Cr.
Who are the current board members & directors of Mehta Tubes Limited?
Currently 12 directors are associated with Mehta Tubes Limited.
- Dixit Ganpat Mehta
- Mukesh Mangilal Mehta
- Rikhabchand Vachhraj Mehta
- Mangilal Vacharaj Mehta
- Sanjay Ramniklal Shah
- Shailesh Bachubhai Khamar
- Ganpat Vachhraj Mehta
- Nishit Shailesh Morakhia
- Kavita Mukesh Mehta
- Vikas Saraf
- Mukesh Mangilal Mehta
- Seema Gupta
What is the registered address of Mehta Tubes Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mehta Tubes Limited is Char Rastananapondha Tal Dharampur India, Valsad, Gujarat, 396126.
What is the corporate identification number (CIN) and company number of Mehta Tubes Limited?
The corporate identification number (CIN) of Mehta Tubes Limited is U27109GJ1988PLC010794 and the company number is 010794 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mehta Tubes Limited?
The Official website of Mehta Tubes Limited is https://www.mehtatubes.com
What has been the recent revenue trend for Mehta Tubes Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mehta Tubes Limited has risen by 15.24%.
How many employees does Mehta Tubes Limited currently have?
As Per 2023 financial reports, 121 employees are currently employed by Mehta Tubes Limited.
What change has been observed in the net worth of Mehta Tubes Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mehta Tubes Limited has experienced an upsurge of 47.11%.
What are the total open charges for Mehta Tubes Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mehta Tubes Limited amount to ₹ 328.64 Cr.
When was the last Balance Sheet of Mehta Tubes Limited filed with the ROC?
The most recent Balance Sheet for Mehta Tubes Limited was filed with the ROC on 31 Mar 2023.
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