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HEAVY METAL AND TUBES LIMITED

Last Updated on ' Apr 10, 2021 '
Description
Heavy Metal produces Stainless Steel Tubes & Pipes,Carbon & Alloy Steel Tubes & Pipes and Hot Finished Carbon & Alloy Steel Tubes & Pipes.
Sector
Materials
Sub Sector
Metals & Mining
Company Type
Unlisted
Type
Manufacturing
Employees
501-1,000 employees
Register Address
201-1. 1st Floor, Ashwarath Bldg, Opp.Gujarat Petrol Pump, Nr Ashram Road, Usmanpura Ahmedabad Ahmedabad GJ 380013 IN
Website
http://www.heavytubes.com/
Key Products/Services
Heavy Metal produces Stainless Steel Tubes & Pipes,Carbon & Alloy Steel Tubes & Pipes and Hot Finished Carbon & Alloy Steel Tubes & Pipes. Seamless Stainless Steel Tubes, Seamless Carbon Steel Tubes, Seamless Alloy Steel Tubes, U Tubes, Rifle Tubes, 31 mtr long tubes, Heat Ex-changer Tubes, and Boiler Tubes
Key Resources/Assets
Headquarters Ahmedabad, Gujarat
Stressed Asset Details Expand All 
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USD 0
Stressed Asset Related Documents
92cd48e6b6ae7c4dd5ef5154edb243d2.pdf
Financial Information Documents
No Document found
Year Revenue (in INR Crores) Net Income (in INR Crores) Liabilities (in INR Crores) Fixed & Current Assets (in INR Crores) Current Ratio Quick Ratio RoE RoA EBITDA Margin PAT Margin
2016 23.73 mn 0 47.43 mn 19.71 mn 1.44 0.52 0.0 0.0 0.0 0.0
2017 13.68 mn 0 31 mn 15.85 mn 1.2 0.57 0.0 0.0 0.0 0.0
2018 11.45 mn 0 25.69 mn 14.02 mn 0.78 0.3 1.18 0.0 0.0 0.0
Stressed Assets Timeline 2021
Defined Date Without Date

Commencement of CIRP

11Jan

Public Announcement by Resolution Professional

12Jan

Claim submission

26Jan

Invitation for Expression of Interest

23Mar

Submission of Expression of Interest

07Apr

Submission of Resolution Plan

22Apr

Committee of Creditors Approval

22May

Submission of Resolution Plan to NCLT

25Jun

Approval of Resolution Plan by NCLT

10Jul
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