Prayas Steels Private Limited
Supplier of iron and steel products to automotive component manufacturers.
2005 | Delhi (India) | Active
Prayas Steels Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.76 Cr
- Company Age 19 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 29.50 Cr
- Satisfied Charges ₹ 13.50 Cr
- Revenue Growth 13.78%
- Profit Growth 27.64%
- Ebitda -0.52%
- Net Worth 11.89%
- Total Assets 7.27%
About Prayas Steels
Prayas Steels Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 April 2005 and has a history of 19 years and ten months. Its registered office is in Delhi, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.76 Cr.
The company currently has active open charges totaling ₹29.50 Cr. The company has closed loans amounting to ₹13.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Manju Gupta and Dev Dutt serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27106DL2005PTC135555
- Company No.
135555
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Apr 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Metals and Minerals
What products or services does Prayas Steels Private Limited offer?
Prayas Steels Private Limited offers a wide range of products and services, including Industrial Pipe & Tube Fittings, Forged Pipe Fittings, Metal Scrap & Waste Materials, Non Ferrous Metal Scraps, Industrial Scrap, Alloy Pipe, Inconel Pipe, Hastelloy Pipe, Metal & Metal Made Products, Metal Sheets.
Who are the key members and board of directors at Prayas Steels?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manju Gupta  | Director | 29-Apr-2005 | Current |
| Dev Dutt | Director | 29-Apr-2005 | Current |
Financial Performance of Prayas Steels.
Prayas Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.78% increase. The company also saw a substantial improvement in profitability, with a 27.64% increase in profit. The company's net worth Soared by an impressive increase of 11.89%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prayas Steels?
In 2023, Prayas Steels had a promoter holding of 81.02% and a public holding of 18.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹29.50 Cr
Satisfied Charges
₹13.50 Cr
Charges Breakdown by Lending Institutions
- Others : 28.00 Cr
- The Karur Vysya Bank Ltd. : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jan 2022 | Others | ₹1.50 Cr | Open |
| 31 Dec 2021 | Others | ₹2.50 Cr | Open |
| 18 Nov 2016 | Others | ₹24.00 Cr | Open |
| 01 Dec 2007 | The Karur Vysya Bank Ltd. | ₹1.50 Cr | Open |
| 31 Jan 2016 | Icici Bank Limited | ₹1.50 Cr | Satisfied |
How Many Employees Work at Prayas Steels?
Unlock and access historical data on people associated with Prayas Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Prayas Steels, 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 Prayas Steels'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.
Latest Updates, News, and FAQs on Prayas Steels
Recent activity within the organization
- Charges
A charge with Others of Rs. 24.00 Cr registered on 18 Nov 2016 with Charge ID 100071196 was modified on 15 Jun 2024.
- Annual General Meeting
Prayas Steels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Prayas Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
- Charges
A charge registered on 31 Jan 2016 via Charge ID 10616856 with Icici Bank Limited was fully satisfied on 27 Feb 2023.
- Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100530553 was registered on 27 Jan 2022.
- Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100528331 was registered on 31 Dec 2021.
Frequently asked questions
What is the Incorporation or founding date of Prayas Steels Private Limited?
Prayas Steels Private Limited was incorporated on 29 Apr 2005.
What is authorized share capital and paid-up capital of Prayas Steels Private Limited?
The authorized share capital of Prayas Steels Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.76 Cr.
Who are the current board members & directors of Prayas Steels Private Limited?
Currently 2 directors are associated with Prayas Steels Private Limited.
- Manju Gupta
- Dev Dutt
What is the registered address of Prayas Steels Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Prayas Steels Private Limited is Wz-1661 Nangal Raya India, New Delhi, 110046.
What is the corporate identification number (CIN) and company number of Prayas Steels Private Limited?
The corporate identification number (CIN) of Prayas Steels Private Limited is U27106DL2005PTC135555 and the company number is 135555 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Prayas Steels Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Prayas Steels Private Limited has risen by 13.78%.
What change has been observed in the net worth of Prayas Steels Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Prayas Steels Private Limited has experienced an upsurge of 11.89%.
What are the total open charges for Prayas Steels Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Prayas Steels Private Limited amount to ₹ 29.50 Cr.
When was the last Balance Sheet of Prayas Steels Private Limited filed with the ROC?
The most recent Balance Sheet for Prayas Steels Private Limited was filed with the ROC on 31 Mar 2023.
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