Prakash Steelage Limited

Manufacturer and trader of stainless steel pipes, tubes, sheets, and coils for various industrial applications.

1991 | Mumbai, Maharashtra (India) | Active
Last Updated:

Prakash Steelage Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 17.50 Cr
  • Company Age 33 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 538.42 Cr
  • Revenue Growth 12.64%
  • Profit Growth -97.46%
  • Ebitda -31.48%
  • Net Worth 7.59%
  • Total Assets -0.01%

About Prakash Steelage

Prakash Steelage Limited (PSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 May 1991 and has a history of 33 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 533239 and on the National Stock Exchange(NSE) under PRAKASHSTL.

The Corporate was formerly known as Prakash Steelage Private 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 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 17.50 Cr.

The company has closed loans amounting to ₹538.42 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Prakash Steelage Limited India are Ashok Mafatlal as CFO and Himanshu Sethia as Company Secretary. Prakash Kanugo, Ashok Mafatlal, Hemant Kanugo, and Six other members 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

    L27106MH1991PLC061595

  • Company No.

    061595

  • Stock Symbol

    BSE : 533239 NSE : PRAKASHSTL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 May 1991

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Prakash Steelage Limited offer?

Prakash Steelage Limited offers a wide range of products and services, including Steel Pipes and Tubes, Stainless Steel Pipes, Stainless Steel Welded Tube, Welded Pipes.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Prakash Kanugo Country flag representing In Managing Director09-May-1991Current
Ashok Mafatlal Country flag representing In CFO14-Nov-2019Current
Himanshu Sethia Company Secretary15-Feb-2023Current

Board Members (8)

NameDesignationAppointment DateStatus
Sundaram Padmanabhan Country flag representing In Director 25-Aug-2023Current
Shweta Mundra Country flag representing In Director 28-Aug-2024Current
Ashok Mafatlal Country flag representing In Whole-Time Director and Cfo 09-Nov-1993Current
Hemant Kanugo Country flag representing In Whole-Time Director 30-Sep-2003Current
Sharad Chandra Country flag representing In Director 25-Aug-2023Current
Kamal Kanugo Country flag representing In Whole-Time Director 16-May-2008Current

Financial Performance of Prakash Steelage.

Prakash Steelage Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.64% increase. The company also saw a substantial fall in profitability, with a 97.46% decrease in profit. The company's net worth moved up by a moderate rise of 7.59%.

Prakash Steelage revenue growth over time
Prakash Steelage 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
12.64%
Revenue from Operations
105.47%
Total Assets
-0.01%
Profit or Loss
-97.46%
Net Worth
7.59%
EBITDA
-31.48%

What is the Ownership and Shareholding Structure of Prakash Steelage?

In 2022, Prakash Steelage had a promoter holding of 33.09% and a public holding of 66.91%. 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

₹538.42 Cr

Charges Breakdown by Lending Institutions

  • Vijaya Bank : 441.35 Cr
  • Icici Bank Limited : 62.00 Cr
  • Bank Of Baroda : 29.00 Cr
  • Union Bank Of India : 4.00 Cr
  • The Royal Bank Of Scotland N.V. : 2.00 Cr
  • Others : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
02 Aug 2014Bank Of Baroda₹4.00 CrSatisfied
06 Jun 2014Union Bank Of India₹4.00 CrSatisfied
30 May 2014Vijaya Bank₹10.00 CrSatisfied
08 Mar 2013Bank Of Baroda₹25.00 CrSatisfied
30 Mar 2012Vijaya Bank₹5.00 CrSatisfied

How Many Employees Work at Prakash Steelage?

Prakash Steelage has a workforce of 52 employees as of Mar 23, 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.

Employee growth trends for Prakash Steelage Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Prakash Steelage Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Director Appointment

    Shweta Mundra was appointed as a Director was appointed as a Director on 28 Aug 2024 & has been associated with this company since 6 months 30 days .

  • Balance Sheet

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

  • Charges

    A charge registered on 24 Aug 2006 via Charge ID 10018739 with Vijaya Bank was fully satisfied on 21 Mar 2022.

  • Charges

    A charge registered on 08 Mar 2013 via Charge ID 10449085 with Bank Of Baroda was fully satisfied on 27 Jul 2015.

  • Charges

    A charge registered on 26 Sep 2008 via Charge ID 10127419 with Vijaya Bank was fully satisfied on 27 Jul 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Prakash Steelage Limited?

    Prakash Steelage Limited was incorporated on 09 May 1991.

  • What is authorized share capital and paid-up capital of Prakash Steelage Limited?

    The authorized share capital of Prakash Steelage Limited is ₹ 20.00 Cr and paid-up capital is ₹ 17.50 Cr.

  • Who are the current board members & directors of Prakash Steelage Limited?

    Currently 11 directors are associated with Prakash Steelage Limited.

    • Prakash Chhaganlal Kanugo
    • Ashok Seth Mafatlal
    • Hemant Prakash Kanugo
    • Sharad Bohra Chandra
    • Kamal Prakash Kanugo
    • Neetta Kishor Bokaria
    • Rajesh Kumar Agrawal
    • Sundaram Padmanabhan
    • Shweta Mundra
    • Ashok Seth Mafatlal
    • Himanshu Sethia

  • What is the registered address of Prakash Steelage Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prakash Steelage Limited is 101 1St Floor Shatrunjay Apartment 28 Sindhi Lane, Nanubhai Desai Road India, Mumbai, Maharashtra, 400004.

  • What is the corporate identification number (CIN) and company number of Prakash Steelage Limited?

    The corporate identification number (CIN) of Prakash Steelage Limited is L27106MH1991PLC061595 and the company number is 061595 as per Ministry of Corporate Affairs (MCA).

  • Is Prakash Steelage Limited registered with any stock exchange in India?

    Yes, Prakash Steelage Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): PRAKASHSTL.

  • What is the official website of Prakash Steelage Limited?

    The Official website of Prakash Steelage Limited is https://www.prakashsteelage.com

  • What has been the recent revenue trend for Prakash Steelage Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Prakash Steelage Limited has risen by 12.64%.

  • How many employees does Prakash Steelage Limited currently have?

    As Per 2023 financial reports, 52 employees are currently employed by Prakash Steelage Limited.

  • What change has been observed in the net worth of Prakash Steelage Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Prakash Steelage Limited has experienced an upsurge of 7.59%.

  • When was the last Balance Sheet of Prakash Steelage Limited filed with the ROC?

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

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