Prakash Stainless Private Limited

Trading flat steel products for various industries, part of Prakash group, established in 2004.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Prakash Stainless Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 5.79 M
  • Company Age 20 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 25.00 Cr
  • Revenue Growth -57.08%
  • Profit Growth -43.51%
  • Ebitda 37.91%
  • Net Worth 128.88%
  • Total Assets 50.21%

About Prakash Stainless

Prakash Stainless Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 May 2004 and has a history of 20 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 5.79 M.

The company has closed loans amounting to ₹25.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Prakash Kanugo and Hemant Kanugo serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51420MH2004PTC146131

  • Company No.

    146131

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 May 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Prakash Stainless?

Board Members (2)

NameDesignationAppointment DateStatus
Prakash Kanugo Country flag representing In Director 17-May-2004Current
Hemant Kanugo Country flag representing In Director 12-Dec-2015Current

Financial Performance of Prakash Stainless.

Prakash Stainless Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 57.08% decrease. The company also saw a substantial fall in profitability, with a 43.51% decrease in profit. The company's net worth Soared by an impressive increase of 128.88%.

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
-57.08%
Revenue from Operations
Total Assets
50.21%
Profit or Loss
-43.51%
Net Worth
128.88%
EBITDA
37.91%

What is the Ownership and Shareholding Structure of Prakash Stainless?

In 2023, Prakash Stainless had a promoter holding of 65.47% and a public holding of 34.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹250.00 M

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 25.00 Cr

Latest Charge Details

DateLenderAmountStatus
20 Mar 2013Bank Of Baroda₹15.00 CrSatisfied
19 Sep 2006Bank Of Baroda₹10.00 CrSatisfied

How Many Employees Work at Prakash Stainless?

Unlock and access historical data on people associated with Prakash Stainless, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prakash Stainless, 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 Prakash Stainless'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 Prakash Stainless

Recent activity within the organization

  • Annual General Meeting

    Prakash Stainless Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Prakash Stainless Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 20 Mar 2013 via Charge ID 10449262 with Bank Of Baroda was fully satisfied on 24 Jan 2022.

    24 Jan 2022

  • Charges

    A charge registered on 19 Sep 2006 via Charge ID 10022634 with Bank Of Baroda was fully satisfied on 24 Jan 2022.

    24 Jan 2022

  • Director Appointment

    Hemant Prakash Kanugo was appointed as a Director was appointed as a Director on 12 Dec 2015 & has been associated with this company since 9 years 2 months .

    12 Dec 2015

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 150.00 M with Charge ID 10449262 was registered on 20 Mar 2013.

    20 Mar 2013

Frequently asked questions

  • Prakash Stainless Private Limited was incorporated on 07 May 2004.

  • The authorized share capital of Prakash Stainless Private Limited is ₹ 7.50 M and paid-up capital is ₹ 5.79 M.

  • Currently 2 directors are associated with Prakash Stainless Private Limited.

    • Prakash Chhaganlal Kanugo
    • Hemant Prakash Kanugo
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prakash Stainless Private Limited is 01St Floor Shatrunjay Apartment 28 Sindhi Lane, Nanubhai Desai Road India, Mumbai, Maharashtra, 400004.

  • The corporate identification number (CIN) of Prakash Stainless Private Limited is U51420MH2004PTC146131 and the company number is 146131 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prakash Stainless Private Limited has fallen by -57.08%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prakash Stainless Private Limited has experienced an upsurge of 128.88%.

  • The most recent Balance Sheet for Prakash Stainless Private Limited was filed with the ROC on 31 Mar 2024.

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