Ratnadeep Metal And Tubes Limited

Manufacturer of seamless and welded steel pipes and tubes for various industries.

2002 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 17, 2024

Ratnadeep Metal And Tubes Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 30.49 Cr
  • Company Age 22 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 85.89 Cr
  • Satisfied Charges ₹ 111.96 Cr
  • Revenue Growth 34.90%
  • Profit Growth 102.16%
  • Ebitda 40.99%
  • Net Worth 28.61%
  • Total Assets 8.23%

About Ratnadeep Metal And Tubes

Ratnadeep Metal And Tubes Limited (RMATL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 June 2002 and has a history of 22 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Ratnadeep Metal And Tubes 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 40.00 Cr and a paid-up capital of Rs 30.49 Cr.

The company currently has active open charges totaling ₹85.89 Cr. The company has closed loans amounting to ₹111.96 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ratnadeep Metal And Tubes Limited India is Timir Jain as CFO. Jayant Jain, Mansi Sanghavi, Parag Jagetiya, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ratnadeepmetal.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27101GJ2002PLC040863

  • Company No.

    040863

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 2002

  • Date of AGM

    21 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Ratnadeep Metal And Tubes Limited offer?

Ratnadeep Metal And Tubes Limited offers a wide range of products and services, including Aeronautical Instrument & Components, Aerospace Equipment, Stainless Steel Pipes, Stainless Steel Tube, Alloy Steel Pipes, Alloy Steel Tube, Tyre, Tube & Flaps, Tyre Tube, Seamless Pipe, Carbon Steel Seamless Pipe.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Timir Jain Country flag representing In CFO14-Jul-2017Current
Bharatkumar Sanghavi Country flag representing In Managing Director14-Jun-2002Current

Board Members (5)

NameDesignationAppointment DateStatus
Jayant Jain Country flag representing In Whole-Time Director 14-Jun-2002Current
Mansi Sanghavi Country flag representing In Additional Director 04-Apr-2024Current
Parag Jagetiya Country flag representing In Director 05-Oct-2020Current
Chandani Jhanwar Country flag representing In Director 05-Oct-2020Current
Jaimik Sanghvi Country flag representing In Whole-Time Director 01-Apr-2008Current

Financial Performance of Ratnadeep Metal And Tubes.

Ratnadeep Metal And Tubes Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.9% increase. The company also saw a substantial improvement in profitability, with a 102.16% increase in profit. The company's net worth Soared by an impressive increase of 28.61%.

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
34.90%
Revenue from Operations
34.17%
Total Assets
8.23%
Profit or Loss
102.16%
Net Worth
28.61%
EBITDA
40.99%

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

In 2023, Ratnadeep Metal And Tubes had a promoter holding of 99.68% and a public holding of 0.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹85.89 Cr

Satisfied Charges

₹111.96 Cr

Charges Breakdown by Lending Institutions

  • Others : 75.27 Cr
  • Sidbi : 10.57 Cr
  • Hdfc Bank Limited : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
21 Mar 2024Sidbi₹5.50 CrOpen
17 Oct 2023Hdfc Bank Limited₹0.50 MOpen
16 Sep 2020Sidbi₹8.09 MOpen
05 Dec 2018Sidbi₹4.26 CrOpen
30 Dec 2013Others₹75.27 CrOpen

How Many Employees Work at Ratnadeep Metal And Tubes?

Ratnadeep Metal And Tubes has a workforce of 78 employees as of Apr 02, 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 Ratnadeep 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 Ratnadeep 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 Ratnadeep Metal And Tubes

Recent activity within the organization

  • Director Appointment

    Mansi Jaimik Sanghavi was appointed as a Additional Director was appointed as a Additional Director on 04 Apr 2024 & has been associated with this company since 10 months 19 days .

    04 Apr 2024

  • Charges

    A charge with Sidbi amounted to Rs. 5.50 Cr with Charge ID 100884944 was registered on 21 Mar 2024.

    21 Mar 2024

  • Charges

    A charge registered on 29 Jul 2022 via Charge ID 100598483 with Sidbi was fully satisfied on 29 Feb 2024.

    29 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.05 Cr with Charge ID 100817213 was registered on 17 Oct 2023.

    17 Oct 2023

  • Annual General Meeting

    Ratnadeep Metal And Tubes Limited last Annual general meeting of members was held on 21 Sep 2023 as per latest MCA records.

    21 Sep 2023

  • Charges

    A charge with Others of Rs. 75.27 Cr registered on 30 Dec 2013 with Charge ID 10473654 was modified on 17 Aug 2023.

    17 Aug 2023

Frequently asked questions

  • Ratnadeep Metal And Tubes Limited was incorporated on 14 Jun 2002.

  • The authorized share capital of Ratnadeep Metal And Tubes Limited is ₹ 40.00 Cr and paid-up capital is ₹ 30.49 Cr.

  • Currently 7 directors are associated with Ratnadeep Metal And Tubes Limited.

    • Jayant Virchand Jain
    • Timir Jayant Jain
    • Mansi Jaimik Sanghavi
    • Parag Kailash Chandra Jagetiya
    • Chandani Ankitkumar Jhanwar
    • Jaimik Bharatkumar Sanghvi
    • Bharatkumar Shantilal Sanghavi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ratnadeep Metal And Tubes Limited is 402 Sai Prasad Appartment Nr Darpan Academy Usmanpura, Ahmedabad, Gujarat, India, 380013.

  • The corporate identification number (CIN) of Ratnadeep Metal And Tubes Limited is U27101GJ2002PLC040863 and the company number is 040863 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ratnadeep Metal And Tubes Limited has risen by 34.90%.

  • As Per 2023 financial reports, 78 employees are currently employed by Ratnadeep Metal And Tubes Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ratnadeep Metal And Tubes Limited has experienced an upsurge of 28.61%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ratnadeep Metal And Tubes Limited amount to ₹ 85.89 Cr.

  • The most recent Balance Sheet for Ratnadeep Metal And Tubes Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Pipe & Tubes