Prakash Steelage Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 17.50 Cr
- Company Age 33 Year, 9 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 nine 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
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prakash Kanugo  | Managing Director | 09-May-1991 | Current |
| Ashok Mafatlal | CFO | 14-Nov-2019 | Current |
| Himanshu Sethia | Company Secretary | 15-Feb-2023 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sundaram Padmanabhan | Director | 25-Aug-2023 | Current |
| Shweta Mundra | Director | 28-Aug-2024 | Current |
| Ashok Mafatlal | Whole-Time Director and Cfo | 09-Nov-1993 | Current |
| Hemant Kanugo | Whole-Time Director | 30-Sep-2003 | Current |
| Sharad Chandra | Director | 25-Aug-2023 | Current |
| Kamal Kanugo | Whole-Time Director | 16-May-2008 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Seth Iron And Steel Private LimitedAshok Mafatlal is a mutual person
Shekhawati Poly-Yarn LimitedShweta Mundra is a mutual person
Excel Realty N Infra LimitedShweta Mundra is a mutual person
Mrc Agrotech LimitedShweta Mundra is a mutual person
Pck Metals Private LimitedPrakash Kanugo and Hemant Kanugo are mutual person
- Prakash Stainless Private Limited
Prakash Kanugo and Hemant Kanugo are mutual person
Charges (Loans)
₹0
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Aug 2014 | Bank Of Baroda | ₹4.00 Cr | Satisfied |
| 06 Jun 2014 | Union Bank Of India | ₹4.00 Cr | Satisfied |
| 30 May 2014 | Vijaya Bank | ₹10.00 Cr | Satisfied |
| 08 Mar 2013 | Bank Of Baroda | ₹25.00 Cr | Satisfied |
| 30 Mar 2012 | Vijaya Bank | ₹5.00 Cr | Satisfied |
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.
Deals i
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
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
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.
