Ratnamani metals and tubes limited
ActiveRatnamani Metals & Tubes Ltd. is a leading manufacturer of pipes and tubes, established in 1983. The company specializes in producing a wide range of Stainless Steel Seamless & Welded Tubes & Pipes, and Carbon Steel High Frequency Electric Resistance Welded (HF-ERW) Pipes. With three sprawling plants in Gujarat, India, Ratnamani serves a global market, with a presence in over 35 countries. They offer total piping and tubing solutions and have received significant domestic orders for their products.
Company Overview
| Category | Company limited by shares |
| Class | Public |
| Sub-Category | Non-government company |
| Listed | Listed |
| Age | 41 years, 5 months, 28 days |
| Auth. Capital | ₹18,00,00,000 |
| Paid-Up Capital | ₹14,01,84,000 |
| Last AGM | 09-09-2025 |
| Last Balance Sheet | 31-03-2025 |
Business Activity
| NIC Code | 7010 |
| Sector | Real estate activities with own or leased property. [This class includes buying, selling, renting and operating of self-owned or leased real estate such as apartment building and dwellings, non-residential buildings, developing and subdividing real estate into lots etc. Also included are development and sale of land and cemetery lots, operating of apartment hotels and residential mobile home sites.(Development on own account involving construction is classified in class 4520).] |
| Division | REAL ESTATE ACTIVITIES |
| Group | Real estate activities with own or leased property. |
Profit & Loss (Cr.)
Year-wise financial performance. All values in Indian Rupees Crore (Cr.).
| Financial Year | Paid Up Capital | Net Worth | Total Income | Total Expense | Profit Before Tax | Income Tax | Profit After Tax |
|---|---|---|---|---|---|---|---|
| 2024 | 14.02 | 3221.22 | 4853.26 | 4043.51 | 809.75 | 201.15 | 608.61 |
| 2023 | 14.02 | 2698.76 | 4401.24 | 3707.40 | 693.84 | 179.81 | 514.03 |
| 2022 | 9.35 | 2246.93 | 3176.32 | 2745.63 | 430.69 | 108.30 | 322.39 |
| 2021 | 9.35 | 1986.47 | 2341.54 | 1978.16 | 363.38 | 87.48 | 275.90 |
| 2020 | 9.35 | 1708.14 | 2644.98 | 2238.67 | 406.30 | 98.81 | 307.50 |
| 2019 | 9.35 | 1521.87 | 2796.13 | 2425.57 | 370.56 | 117.63 | 252.93 |
| 2018 | 9.35 | 1308.02 | 1822.23 | 1594.35 | 227.88 | 76.09 | 151.79 |
| 2017 | 9.35 | 1186.94 | 1489.93 | 1284.47 | 205.46 | 61.16 | 144.30 |
| 2016 | 9.35 | 1041.27 | 1736.20 | 1498.87 | 237.33 | 74.53 | 162.80 |
| 2015 | 9.35 | 908.38 | 1700.66 | 1439.93 | 260.73 | 88.22 | 172.51 |
Financial Performance Over the Years
Current Directors & Key Managerial Personnel
Directors currently active in Ratnamani metals and tubes limited.
| DIN | Name | Designation | Appointed On | Wealth Segment | Current Directorships |
|---|---|---|---|---|---|
| 06847953 | NIDHI GAURAV GADHECHA | Director | 2015-09-23 | – | – |
| 00006354 | PRAKASH MISRIMAL SANGHVI | Managing Director | 2007-11-01 | – | 5 |
| 09630096 | SUSHIL SOLANKI | Director | 2023-05-23 | – | 2 |
| *****7755A | ANIL CHANCHAL CHAND MALOO | Company Secretary | 2021-01-01 | – | – |
| *****9203B | VIMAL KUMAR KATTA | CFO | 2014-05-21 | – | – |
| 00006178 | JAYANTI MISHRIMAL SANGHVI | Managing Director | 2019-08-09 | – | 3 |
| 00022042 | DHINAL ASHVINBHAI SHAH | Director | 2023-05-24 | – | 6 |
| 00007955 | SHANTILAL MISHRIMAL SANGHVI | Whole-time director | 2007-11-01 | – | 2 |
| 09834047 | RAJESH GAJENDRABHAI DESAI | Director | 2023-10-05 | – | 3 |
Past Directors & Key Managerial Personnel
Former directors who have ceased their association with Ratnamani metals and tubes limited.
| DIN | Name | Designation | Appointed On | Wealth Segment | Cessation Date |
|---|---|---|---|---|---|
| 06847953 | NIDHI GAURAV GADHECHA | Additional Director | - | – | 2015-09-23 |
| 00008639 | DIVYABHASH CHANDRAKANT ANJARIA | Director | - | – | 2023-08-03 |
| 00012410 | PRAVINCHANDRA MAGANLAL MEHTA | Director | - | – | 2006-09-08 |
| 09630096 | SUSHIL SOLANKI | Additional Director | - | – | 2023-03-17 |
| 00006178 | JAYANTI MISHRIMAL SANGHVI | Whole-time director | - | – | 2019-08-09 |
| 00022042 | DHINAL ASHVINBHAI SHAH | Additional Director | - | – | 2023-03-17 |
| 09476349 | JIGAR HARSHADKUMAR SHAH | Company Secretary | - | – | 2020-12-31 |
| 09476349 | JIGAR HARSHADKUMAR SHAH | Nodal Officer | - | – | 2021-01-05 |
| 00010558 | VINODKUMAR MAHAVIRPRASAD AGRAWAL | Director | - | – | 2023-08-03 |
| 09834047 | RAJESH GAJENDRABHAI DESAI | Additional Director | - | – | 2023-03-17 |
Open Charges
| Charge ID | 100346667 |
| Holder | PNB INVESTMENT SERVICES LIMITED |
| Amount | ₹19,37,00,00,000 |
| Created | 03-06-2020 |
| Assets | Immovable property or any interest therein; Book debts; Floating charge; Movable property (not being pledge) |
| Charge ID | 100610634 |
| Holder | ICICI BANK LIMITED |
| Amount | ₹22,50,00,000 |
| Created | 13-09-2022 |
| Assets | null |
| Charge ID | 101145349 |
| Holder | ICICI BANK LIMITED |
| Amount | ₹70,82,25,000 |
| Created | 30-08-2025 |
| Assets | null |
Satisfied Charges
| Charge ID | 10178252 |
| Holder | ICICI BANK LIMITED |
| Amount | ₹1,21,70,00,000 |
| Created | 16-09-2009 |
| Satisfied | 06-03-2020 |
| Assets | Book debts; Movable property (not being pledge) |
| Charge ID | 10137333 |
| Holder | 3i Infotech Trusteeship Services Limited |
| Amount | ₹39,60,00,000 |
| Created | 15-01-2009 |
| Satisfied | 02-10-2017 |
| Assets | Movable property (not being pledge) |
| Charge ID | 80001941 |
| Holder | State Bank of India |
| Amount | ₹2,68,50,00,000 |
| Created | 31-08-2000 |
| Satisfied | 22-10-2019 |
| Assets | Immovable property or any interest therein; Book debts; Movable property (not being pledge); STOCKS |
| Charge ID | 10063901 |
| Holder | UNIT TRUST OF INDIA INVESTMENT ADVISORY SERVICES LIMITED |
| Amount | ₹53,19,60,000 |
| Created | 03-08-2007 |
| Satisfied | 04-11-2014 |
| Assets | Immovable property or any interest therein; Movable property (not being pledge) |
| Charge ID | 90103828 |
| Holder | ICICI BANK U K LIMITED |
| Amount | ₹15,30,00,000 |
| Created | 18-03-2005 |
| Satisfied | 20-03-2012 |
| Assets | null |
| Charge ID | 80002724 |
| Holder | UTI BANK LTD |
| Amount | ₹20,00,00,000 |
| Created | 24-02-2006 |
| Satisfied | 31-03-2009 |
| Assets | null |
| Charge ID | 90103817 |
| Holder | UTI BANK LTD. |
| Amount | ₹10,00,00,000 |
| Created | 30-10-2004 |
| Satisfied | 02-05-2008 |
| Assets | null |
| Charge ID | 90103824 |
| Holder | ICICI BANK LTD. |
| Amount | ₹15,00,00,000 |
| Created | 01-02-2005 |
| Satisfied | 10-05-2007 |
| Assets | null |
| Charge ID | 90103827 |
| Holder | ICICI BANK LTD. |
| Amount | ₹36,10,00,000 |
| Created | 14-03-2005 |
| Satisfied | 07-03-2007 |
| Assets | null |
| Charge ID | 90103816 |
| Holder | PUNJAB NATIONAL BANK |
| Amount | ₹0 |
| Created | 29-09-2004 |
| Satisfied | 06-10-2006 |
| Assets | null |
| Charge ID | 90103801 |
| Holder | PUNJAB NATIONAL BANK |
| Amount | ₹0 |
| Created | 23-03-2004 |
| Satisfied | 06-10-2006 |
| Assets | Book debts |
| Charge ID | 90103716 |
| Holder | INDUSTRIAL DEV. BANK OF INDIA |
| Amount | ₹0 |
| Created | 26-03-1998 |
| Satisfied | 22-10-2003 |
| Assets | Immovable property or any interest therein; Book debts |
| Charge ID | 90103742 |
| Holder | ICICI LTD. |
| Amount | ₹0 |
| Created | 28-03-2000 |
| Satisfied | 21-03-2003 |
| Assets | Book debts; Movable property (not being pledge) |
| Charge ID | 90112249 |
| Holder | DENA BANK |
| Amount | ₹1,55,00,000 |
| Created | 14-03-1995 |
| Satisfied | 21-09-2000 |
| Assets | Movable property (not being pledge) |
| Charge ID | 90103648 |
| Holder | PUNJAB NATIONAL BANK |
| Amount | ₹0 |
| Created | 28-07-1994 |
| Satisfied | 20-09-2000 |
| Assets | Movable property (not being pledge) |
| Charge ID | 90103661 |
| Holder | DENA BANK |
| Amount | ₹0 |
| Created | 14-03-1995 |
| Satisfied | 20-09-2000 |
| Assets | Movable property (not being pledge) |
| Charge ID | 90108814 |
| Holder | GUJARAT STATE FINANCIAL CORP. |
| Amount | ₹35,45,000 |
| Created | 14-10-1991 |
| Satisfied | 15-09-1994 |
| Assets | Movable property (not being pledge) |
| Charge ID | 100317319 |
| Holder | ICICI BANK LIMITED |
| Amount | ₹33,61,23,000 |
| Created | 27-12-2019 |
| Satisfied | 23-09-2020 |
| Assets | LIEN ON FIXED DEPOSIT RECEIPT |
| Charge ID | 100376822 |
| Holder | ICICI BANK LIMITED |
| Amount | ₹19,03,50,000 |
| Created | 30-09-2020 |
| Satisfied | 09-12-2022 |
| Assets | OD FACILITY AGAINST FIXED DEPOSIT RECEIPTS. |
| Charge ID | 100471432 |
| Holder | State Bank of India |
| Amount | ₹90,000 |
| Created | 03-08-2021 |
| Satisfied | 30-10-2021 |
| Assets | OD FACILITY AGAINST FIXED DEPOSIT RECEIPTS. |
Employee Trend (PF)
Monthly EPF contribution data showing employee headcount and wages paid.
| Month | Employee Count | Amount Paid (EPF) |
|---|---|---|
| JUL-23 | 2717 | ₹1,26,78,991 |
| AUG-23 | 2756 | ₹1,27,88,129 |
| SEP-23 | 2788 | ₹1,28,56,744 |
| OCT-23 | 2812 | ₹1,28,56,267 |
| NOV-23 | 2831 | ₹1,26,91,285 |
| DEC-23 | 2859 | ₹1,28,93,082 |
| JAN-24 | 2885 | ₹1,33,16,952 |
| FEB-24 | 2899 | ₹1,33,09,732 |
About Ratnamani Metals & Tubes Ltd.
Ratnamani metals and tubes limited (CIN: L70109GJ1983PLC006460) is a active public company incorporated on 1983-09-15, registered under ROC Ahmedabad. The company operates in the real estate activities with own or leased property. [this class includes buying, selling, renting and operating of self-owned or leased real estate such as apartment building and dwellings, non-residential buildings, developing and subdividing real estate into lots etc. also included are development and sale of land and cemetery lots, operating of apartment hotels and residential mobile home sites.(development on own account involving construction is classified in class 4520).] sector (NIC Code: 7010).
For financial year 2024, Ratnamani metals and tubes limited reported a total income of ₹48,53,26,00,000, placing it in the 500+ Crore INR revenue bracket .
The company has 9 current directors : NIDHI GAURAV GADHECHA , PRAKASH MISRIMAL SANGHVI , SUSHIL SOLANKI , ANIL CHANCHAL CHAND MALOO , VIMAL KUMAR KATTA , JAYANTI MISHRIMAL SANGHVI , DHINAL ASHVINBHAI SHAH , SHANTILAL MISHRIMAL SANGHVI , RAJESH GAJENDRABHAI DESAI . 10 past directors are also on record.
Registered Address: 17 RAJMUGAT SOCIETY NARANPURA CHAR RASTA ANKUR ROAD NARANPURA NA AHMEDABAD GJ 380013 IN