Prasum Metals Private Limited

Manufacturer and trader of stainless steel wires and bars, with in-house production facilities and large capacity.

2008 | Rajkot, Gujarat (India) | Active
Last Updated: November 15, 2024

Prasum Metals Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 3.47 M
  • Company Age 17 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 23.67 Cr
  • Satisfied Charges ₹ 21.50 Cr
  • Revenue Growth -6.94%
  • Profit Growth -14.18%
  • Ebitda -5.56%
  • Net Worth 19.63%
  • Total Assets -9.86%

About Prasum Metals

Prasum Metals Private Limited (PMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 January 2008 and has a history of 17 years and one month. Its registered office is in Rajkot, Gujarat, India.

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 3.50 M and a paid-up capital of Rs 3.47 M.

The company currently has active open charges totaling ₹23.67 Cr. The company has closed loans amounting to ₹21.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vishalkumar Bhalodia and Amitkumar Bhalodia serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    prasummetals.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27300GJ2008PTC052567

  • Company No.

    052567

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jan 2008

  • Date of AGM

    19 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing
Metals and Minerals

What products or services does Prasum Metals Private Limited offer?

Prasum Metals Private Limited offers a wide range of products and services, including Tig Welding Spares, Stainless Steel TIG Filler Rod, Metal and Alloy Wires, Welding Wires, Stainless Steel Bars, Stainless Steel Bright Bar, Stainless Steel Wire.

Who are the key members and board of directors at Prasum Metals?

Board Members (2)

Name Designation Appointment Date Status
Vishalkumar Bhalodia Country flag representing In Director 04-Jan-2008 Current
Amitkumar Bhalodia Country flag representing In Director 04-Jan-2008 Current

Financial Performance of Prasum Metals.

Prasum Metals Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.94% decrease. The company also saw a substantial fall in profitability, with a 14.18% decrease in profit. The company's net worth Soared by an impressive increase of 19.63%.

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
-6.94%
Revenue from Operations
-6.65%
Total Assets
-9.86%
Profit or Loss
-14.18%
Net Worth
19.63%
EBITDA
-5.56%

What is the Ownership and Shareholding Structure of Prasum Metals?

In 2023, Prasum Metals had a promoter holding of 93.79% and a public holding of 6.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹236.70 M

Satisfied Charges

₹215.01 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 23.67 Cr

Latest Charge Details

Date Lender Amount Status
20 Jan 2022 Hdfc Bank Limited ₹23.67 Cr Open
07 Mar 2017 Others ₹16.50 Cr Satisfied
15 Apr 2008 Bank Of Baroda ₹5.00 Cr Satisfied

How Many Employees Work at Prasum Metals?

Prasum Metals has a workforce of 20 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prasum Metals, 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 Prasum Metals'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 Prasum Metals

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 236.70 M registered on 20 Jan 2022 with Charge ID 100532904 was modified on 07 Nov 2024.

    07 Nov 2024

  • Annual General Meeting

    Prasum Metals Private Limited last Annual general meeting of members was held on 19 Aug 2024 as per latest MCA records.

    19 Aug 2024

  • Balance Sheet

    Prasum Metals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 07 Mar 2017 via Charge ID 100085018 with Others was fully satisfied on 17 Feb 2022.

    17 Feb 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 236.70 M with Charge ID 100532904 was registered on 20 Jan 2022.

    20 Jan 2022

  • Charges

    A charge with Others of Rs. 165.01 M registered on 07 Mar 2017 with Charge ID 100085018 was modified on 13 Jul 2020.

    13 Jul 2020

Frequently asked questions

  • Prasum Metals Private Limited was incorporated on 04 Jan 2008.

  • The authorized share capital of Prasum Metals Private Limited is ₹ 3.50 M and paid-up capital is ₹ 3.47 M.

  • Currently 2 directors are associated with Prasum Metals Private Limited.

    • Vishalkumar Pravinbhai Bhalodia
    • Amitkumar Pravinbhai Bhalodia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prasum Metals Private Limited is 1St Floor, Ajanta Complex Guest House Road India, Morbi, Gujarat, 363641.

  • The corporate identification number (CIN) of Prasum Metals Private Limited is U27300GJ2008PTC052567 and the company number is 052567 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prasum Metals Private Limited is https://www.prasummetals.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prasum Metals Private Limited has fallen by -6.94%.

  • As Per 2023 financial reports, 20 employees are currently employed by Prasum Metals Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prasum Metals Private Limited has experienced an upsurge of 19.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prasum Metals Private Limited amount to ₹ 23.67 Cr.

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

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