Prime Ispat Limited

Manufacturer of steel structures for construction and infrastructure industries, with prestigious clients and certifications.

2004 | Raipur, Chattisgarh (India) | Active
Last Updated:

Prime Ispat Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.87 Cr
  • Company Age 20 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 78.97 Cr
  • Satisfied Charges ₹ 74.00 Cr
  • Revenue Growth 19.94%
  • Profit Growth -13.14%
  • Ebitda -13.43%
  • Net Worth 0.95%
  • Total Assets 7.41%

About Prime Ispat

Prime Ispat Limited (PIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 May 2004 and has a history of 20 years and 11 months. Its registered office is in Raipur, Chattisgarh, India.

The Corporate was formerly known as Prime Ispat P Limited. 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 10.00 Cr and a paid-up capital of Rs 6.87 Cr.

The company currently has active open charges totaling ₹78.97 Cr. The company has closed loans amounting to ₹74.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pawan Agrawal, Uttam Agrawal, Manohar Sharma, and Two other members serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27109CT2004PLC016630

  • Company No.

    016630

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 May 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Metals and Minerals

What products or services does Prime Ispat Limited offer?

Prime Ispat Limited offers a wide range of products and services, including Beams, Purlins, Frames and Girders, Metal Beams.

Company report

Prime Ispat Limited

Explore comprehensive data for Prime Ispat Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Prime Ispat?

Executive Team (1)

NameDesignationAppointment DateStatus
Ashok Agrawal Country flag representing In Managing Director21-May-2004Current

Board Members (4)

NameDesignationAppointment DateStatus
Pawan Agrawal Country flag representing In Whole-Time Director 21-May-2004Current
Ayush Goyal Country flag representing In Whole-Time Director 26-Feb-2018Current
Uttam Agrawal Country flag representing In Director 31-Mar-2006Current
Manohar Sharma Country flag representing In Whole-Time Director 18-Feb-2016Current

Financial Performance of Prime Ispat.

Prime Ispat Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.94% increase. The company also saw a substantial fall in profitability, with a 13.14% decrease in profit. The company's net worth moved up by a moderate rise of 0.95%.

Prime Ispat revenue growth over time
Prime Ispat 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
19.94%
Revenue from Operations
20.03%
Total Assets
7.41%
Profit or Loss
-13.14%
Net Worth
0.95%
EBITDA
-13.43%

What is the Ownership and Shareholding Structure of Prime Ispat?

In 2023, Prime Ispat had a promoter holding of 43.82% and a public holding of 56.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹78.97 Cr

Satisfied Charges

₹74.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 78.02 Cr
  • Others : 0.95 Cr

Latest Charge Details

DateLenderAmountStatus
19 Apr 2024Others₹9.52 MOpen
27 Apr 2011State Bank Of India₹78.02 CrOpen
22 Apr 2019Hdfc Bank Limited₹18.00 CrSatisfied
28 Nov 2011Hdfc Bank Limited₹10.00 CrSatisfied
16 Mar 2006Union Bank Of India₹46.00 CrSatisfied

How Many Employees Work at Prime Ispat?

Prime Ispat has a workforce of 80 employees as of Apr 08, 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 Prime Ispat Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prime Ispat, 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 Prime Ispat'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 Prime Ispat

Recent activity within the organization

  • Annual General Meeting

    Prime Ispat Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 0.95 Cr with Charge ID 100942540 was registered on 19 Apr 2024.

  • Balance Sheet

    Prime Ispat Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.

  • Charges

    A charge with State Bank Of India of Rs. 78.02 Cr registered on 27 Apr 2011 with Charge ID 10288292 was modified on 19 Dec 2023.

  • Charges

    A charge registered on 22 Apr 2019 via Charge ID 100266685 with Hdfc Bank Limited was fully satisfied on 16 Apr 2022.

  • Charges

    A charge registered on 28 Nov 2011 via Charge ID 10322920 with Hdfc Bank Limited was fully satisfied on 16 Apr 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Prime Ispat Limited?

    Prime Ispat Limited was incorporated on 21 May 2004.

  • What is authorized share capital and paid-up capital of Prime Ispat Limited?

    The authorized share capital of Prime Ispat Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.87 Cr.

  • Who are the current board members & directors of Prime Ispat Limited?

    Currently 5 directors are associated with Prime Ispat Limited.

    • Pawan Kumar Agrawal
    • Uttam Chand Agrawal
    • Manohar Lal Sharma
    • Ayush Goyal
    • Ashok Kumar Agrawal

  • What is the registered address of Prime Ispat Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prime Ispat Limited is Vill. Bana Via - Hirapur, Tendua India, Raipur, Chattisgarh, 492001.

  • What is the corporate identification number (CIN) and company number of Prime Ispat Limited?

    The corporate identification number (CIN) of Prime Ispat Limited is U27109CT2004PLC016630 and the company number is 016630 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Prime Ispat Limited?

    The Official website of Prime Ispat Limited is https://www.primeispat.com

  • What has been the recent revenue trend for Prime Ispat Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Prime Ispat Limited has risen by 19.94%.

  • How many employees does Prime Ispat Limited currently have?

    As Per 2023 financial reports, 80 employees are currently employed by Prime Ispat Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Prime Ispat Limited has experienced an upsurge of 0.95%.

  • What are the total open charges for Prime Ispat Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Prime Ispat Limited amount to ₹ 78.97 Cr.

  • When was the last Balance Sheet of Prime Ispat Limited filed with the ROC?

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

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