Promoter holding
64.27%
PE
Pipetech Engineering Solution Private Limited - Due diligence report
A 360° intelligence report on Pipetech: trust score, financial health, credit view, compliance, directors, growth and distress signals - gen…
Pipetech — 360° Intelligence Report
Generated from MCA filings & public records70/100
Trust Score
Moderate
Pipetech is assessed as Moderate with a Trust Score of 70/100. Pipetech is an active private limited indian non-government company incorporated in 2013, operating in the Engineering sector. Reported revenue has declined across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and low financial risk profile.
Report generated on 19 Jun 2026 from the latest processed filings. Pipetech Engineering Solution Private Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
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Score Card
Higher is safer · rule-based & explainableTrust ScoreModerate
70/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
27/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
90/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
50/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
70/100
Early-warning signals - higher means fewer warnings.
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Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
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Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
- Liabilities ≈ 38% EBITDA - stretched.
- Open charges exceed net worth - secured lenders rank ahead.
- Working-capital cover adequate.
- Profitable - internal accruals available.
Charges position: 6 open (4.81 cr) · 3 satisfied (1.35 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Others | 7 | 48.0 cr |
| Yes Bank Limited | 1 | 48.0 cr |
| Ambarnath Jai-Hind Co-Op Bank Ltd | 1 | 48.0 cr |
Compliance Score: 27/100 Caution Indicated
- Company status is Active as per MCA.
- Last balance sheet is for Mar 2023 - filings overdue.
- Flagged by authority: EPFO.
- 1 auditor resignation(s) filed - latest: Kiran Muthe & Co. on 2017-06-06.
- Delayed payments to MSME suppliers disclosed (4 disclosure(s)).
- 1 active GST registration(s).
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Director Intelligence
Stability score: 95/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| SHAILA SUNIL AGALE | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| HIRAMAN KONDIBA BHAWAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 2 directors on the board.
- No disqualified or deactivated DINs.
- Stable board - no exits in 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2021)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
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Ownership & Group Intelligence
As per FY 2022 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
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Subsidiaries
-
Group entities
-
Capital events
-
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
Full shareholding pattern, group structure & capital events →
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Risk Intelligence Center
Growth 50 · Distress 70
Growth signals & trust indicators
Latest year revenue grew 1.42.
Operating for 13+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Profit declined two years in a row.
Statutory filings appear overdue.
Compliance score is weak (27/100).
6 open charge(s) registered - assets are encumbered.
1 auditor resignation(s) on record - review the stated reasons.
MSME payment delays disclosed - latest outstanding 5,964.00.
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Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence53/100
Review suggested
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 2 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment54/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 6 open charge(s) of 4.81 cr already registered.
- Compliance gaps should be priced into terms.
Investor view69/100
Mixed indicators
Growth quality and scalability through an investor lens.
- 1 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
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MCA Filings & Events Timeline
Latest 15 events30 Sep 2023
Last AGM held
Annual general meeting
31 Mar 2023
Latest balance sheet
Filed with ROC
09 Sep 2021
Charge created
Others - 51.00 Lakh
24 Feb 2021
Director ceased
SUMEDH HIRAMAN BHAWAR
23 Feb 2021
Director appointed
SHAILA SUNIL AGALE (Director)
20 Jul 2020
Charge created
Others - 15.75 Lakh
30 Apr 2020
Charge created
Others - 10.00 Lakh
10 Jun 2019
Charge created
Yes Bank Limited - 45.14 Lakh
13 Mar 2018
Charge created
Others - 1.00 cr
29 Dec 2017
Charge satisfied
Others
Charge satisfied
Ambarnath Jai-Hind Co-Op Bank Ltd
11 Dec 2017
Charge created
Others - 2.59 cr
31 Mar 2016
Charge created
Others - 50.00 Lakh
04 Dec 2014
Charge created
Ambarnath Jai-Hind Co-Op Bank Ltd - 10.00 Lakh
05 Nov 2014
Charge created
Others - 75.00 Lakh
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Key Observations
Auto-generated from the data aboveRevenue declined 2.1x over the last 4 financial year(s).
Net profit margin moved from 24% to 0.86.
Debt-to-equity stands at 61% - leverage worth monitoring.
Net worth is positive.
2 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2022 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
| Company | CIN | Location |
|---|---|---|
| Splash Engineering Private Limited | U74990MH2009PTC191039 | Navi Mumbai, Maharashtra, India |
| Change Alliance Private Limited | U74120DL2013FTC259624 | New Delhi, Delhi, India |
| Essen Connectors Private Limited | U31900HR1989PTC030627 | Panchkula, Haryana, India |
| S S Sugar Engineers Pvt Ltd | U29299MH1983PTC030760 | Pune, Maharashtra, India |
| Genique | U74999HR2018PTC074337 | Manesar, Haryana, India |
| Ezemrx India Private Limited | U85190TG2002PTC040193 | Hyderabad, Telangana, India |
| Jhunsons Chemicals Private Limited | U74899DL1992PTC050228 | Delhi, Delhi, India |
| Dolphinmax Private Limited | U70200MH2019PTC334546 | Mumbai, Maharashtra, India |
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Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Pipetech before audits and certifications: compliance score 27/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Pipetech: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Mixed indicators. Growth score 50/100, margin trends, ownership structure and peer set for Pipetech - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 70/100, distress signals and MSME payment-delay disclosures - know whether Pipetech pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Pipetech - groundwork for KYC, onboarding and disputes.
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Frequently Asked Questions
Is Pipetech an active company?
Pipetech has MCA status “Active” with a compliance score of 27/100 (Caution Indicated).
Is Pipetech financially healthy?
Pipetech has a Financial Health Score of 90/100 (Low Risk) based on its filed financial statements.
Should I do business with Pipetech?
Its overall Trust Score is 70/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Pipetech?
Promoters hold a dominant controlling stake - exact percentages are in the full report. 2 active director(s) are on record.
Does Pipetech have loans or charges against its assets?
6 open charge(s) are registered against its assets, and 3 earlier charge(s) stand satisfied.
Is Pipetech up to date with its ROC filings?
Last balance sheet is for Mar 2023 - filings overdue. Overall compliance score: 27/100 (Caution Indicated).
Is it risky to lend to Pipetech?
Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
