Prinik Steels Private Limited

Manufactures and trades steel products, including HSD rods and MS bars, with induction furnaces and rolling mills.

1999 | Ganjam, Odisha (India) | Active
Last Updated: December 11, 2024

Prinik Steels Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 7.69 Cr
  • Company Age 25 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.27 Cr
  • Revenue Growth -33.42%
  • Profit Growth 109.32%
  • Ebitda 65.09%
  • Net Worth 11.37%
  • Total Assets 11.45%

About Prinik Steels

Prinik Steels Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 June 1999 and has a history of 25 years and seven months. Its registered office is in Ganjam, Odisha, 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 2024. It's a company limited by shares with an authorized capital of Rs 8.00 Cr and a paid-up capital of Rs 7.69 Cr.

The company currently has active open charges totaling ₹11.27 Cr.

Rajeev Agarwal and Sanjeev Agarwal serve as directors at the Company.

Company Details

  • Location

    Ganjam, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27104OR1999PTC005816

  • Company No.

    005816

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jun 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Metals and Minerals

Who are the key members and board of directors at Prinik Steels?

Executive Team (1)

NameDesignationAppointment DateStatus
Rajeev Agarwal Country flag representing In Managing Director28-Jun-1999Current

Board Members (1)

NameDesignationAppointment DateStatus
Sanjeev Agarwal Country flag representing In Director 28-Jun-1999Current

Financial Performance of Prinik Steels.

Prinik Steels Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 33.42% decrease. The company also saw a substantial improvement in profitability, with a 109.32% increase in profit. The company's net worth Soared by an impressive increase of 11.37%.

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
-33.42%
Revenue from Operations
Total Assets
11.45%
Profit or Loss
109.32%
Net Worth
11.37%
EBITDA
65.09%

What is the Ownership and Shareholding Structure of Prinik Steels?

In 2020, Prinik Steels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.27 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • United Bank Of India : 11.19 Cr
  • Hdfc Bank Limited : 0.08 Cr

Latest Charge Details

DateLenderAmountStatus
17 Nov 2020Hdfc Bank Limited₹0.80 MOpen
29 Dec 2014United Bank Of India₹1.25 CrOpen
29 Nov 2004United Bank Of India₹9.94 CrOpen

How Many Employees Work at Prinik Steels?

Prinik Steels has a workforce of 0 employees as of Mar 23, 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 Prinik 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 Prinik Steels'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 Prinik Steels

Recent activity within the organization

  • Annual General Meeting

    Prinik Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Prinik Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100414097 was registered on 17 Nov 2020.

    17 Nov 2020

  • Charges

    A charge with United Bank Of India amounted to Rs. 1.25 Cr with Charge ID 10547696 was registered on 29 Dec 2014.

    29 Dec 2014

  • Charges

    A charge with United Bank Of India of Rs. 9.94 Cr registered on 29 Nov 2004 with Charge ID 90081326 was modified on 05 Apr 2010.

    05 Apr 2010

  • Charges

    A charge with United Bank Of India amounted to Rs. 9.94 Cr with Charge ID 90081326 was registered on 29 Nov 2004.

    29 Nov 2004

Frequently asked questions

  • Prinik Steels Private Limited was incorporated on 28 Jun 1999.

  • The authorized share capital of Prinik Steels Private Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.69 Cr.

  • Currently 2 directors are associated with Prinik Steels Private Limited.

    • Rajeev Kumar Agarwal
    • Sanjeev Kumar Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prinik Steels Private Limited is At-K-Lachhaman Palli Po-Kotinada Via-Nuagam, Asska India, Ganjam, Orissa, 761111.

  • The corporate identification number (CIN) of Prinik Steels Private Limited is U27104OR1999PTC005816 and the company number is 005816 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Prinik Steels Private Limited has fallen by -33.42%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Prinik Steels Private Limited has experienced an upsurge of 11.37%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Prinik Steels Private Limited amount to ₹ 11.27 Cr.

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

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