Prime Ispat Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 6.87 Cr
- Company Age 20 Year, 8 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 eight 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
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Location
Raipur, Chattisgarh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U27109CT2004PLC016630
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Company No.
016630
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
21 May 2004
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chhattisgarh
Industry
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.
Who are the key members and board of directors at Prime Ispat?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Agrawal
|
Managing Director | 21-May-2004 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Pawan Agrawal
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Whole-Time Director | 21-May-2004 | Current |
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Ayush Goyal
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Whole-Time Director | 26-Feb-2018 | Current |
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Uttam Agrawal
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Director | 31-Mar-2006 | Current |
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Manohar Sharma
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Whole-Time Director | 18-Feb-2016 | Current |
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%.
- Key Matrics
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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.
Related Corporates (Common Directorship)
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Xpress Mining Private LimitedPawan Agrawal is a mutual person
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Karuna Vanijya Private Limited
Ayush Goyal is a mutual person
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Bapu Agriculture Private Limited
Ashok Agrawal is a mutual person
Charges (Loans)
₹78.97 Cr
₹74.00 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 78.02 Cr
- Others : 0.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Apr 2024 | Others | ₹9.52 M | Open |
| 27 Apr 2011 | State Bank Of India | ₹78.02 Cr | Open |
| 22 Apr 2019 | Hdfc Bank Limited | ₹18.00 Cr | Satisfied |
| 28 Nov 2011 | Hdfc Bank Limited | ₹10.00 Cr | Satisfied |
| 16 Mar 2006 | Union Bank Of India | ₹46.00 Cr | Satisfied |
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.
Deals i
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
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.
