Prime Steel Industries Profile
Key Indicators
- Authorised Capital ₹ 9.50 Cr
- Paid Up Capital ₹ 8.14 Cr
- Company Age 17 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 89.80 Cr
- Satisfied Charges ₹ 71.66 Cr
- Revenue Growth 54.83%
- Profit Growth 59.93%
- Ebitda 28.34%
- Net Worth 80.23%
- Total Assets 55.58%
About Prime Steel Industries
Prime Steel Industries Private Limited (PSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 April 2007 and has a history of 17 years and ten months. Its registered office is in Sangrur, Punjab, India.
The Corporate was formerly known as H And M Steel Private 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 9.50 Cr and a paid-up capital of Rs 8.14 Cr.
The company currently has active open charges totaling ₹89.80 Cr. The company has closed loans amounting to ₹71.66 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rohit Garg and Gunjan Garg serve as directors at the Company.
Company Details
- Location
Sangrur, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U27109PB2007PTC031088
- Company No.
031088
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Apr 2007
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Prime Steel Industries?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rohit Garg  | Director | 21-Jan-2019 | Current |
| Gunjan Garg | Director | 12-Jan-2019 | Current |
Financial Performance of Prime Steel Industries.
Prime Steel Industries Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 54.83% increase. The company also saw a substantial improvement in profitability, with a 59.93% increase in profit. The company's net worth Soared by an impressive increase of 80.23%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prime Steel Industries?
In 2021, Prime Steel Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Hersheinbox Private LimitedGunjan Garg is a mutual person
Hmt Energy Private LimitedRohit Garg is a mutual person
- Hmt Industries Private Limited
Rohit Garg is a mutual person
- Hmt Industrial Park Private Limited
Rohit Garg is a mutual person
- L & T Steels Private Limited
Gunjan Garg is a mutual person
Charges (Loans)
₹89.80 Cr
₹71.66 Cr
Charges Breakdown by Lending Institutions
- Others : 83.40 Cr
- Hdfc Bank Limited : 6.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Aug 2024 | Hdfc Bank Limited | ₹6.39 M | Open |
| 18 Jul 2024 | Hdfc Bank Limited | ₹1.60 Cr | Open |
| 13 Jun 2023 | Hdfc Bank Limited | ₹1.70 Cr | Open |
| 04 Nov 2022 | Others | ₹13.21 Cr | Open |
| 25 Feb 2022 | Hdfc Bank Limited | ₹1.60 Cr | Open |
How Many Employees Work at Prime Steel Industries?
Prime Steel Industries has a workforce of 26 employees as of Apr 04, 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 Steel Industries, 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 Steel Industries'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.
