Panem Industries Private Limited
About Panem Industries Private Limited
Data last updated:
Panem Industries Private Limited is a private limited company based in Fatehpur, Uttar Pradesh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 08 November 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U27109UP1990PTC012439. Its GSTIN is 09AAACP8592R1ZD (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹1.77 Cr. It was formerly known as Panem Steels Private Limited. It is led by directors including Rishi Katyal and Siddhartha Katyal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No 795 Gudhrauli Chaudagra., Fatehpur, Uttar Pradesh, India – 212665.
As per the financials filed for FY 2025, the company reported a revenue of ₹668.69 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹3.93 Cr (net margin 0.6%) and EBITDA of ₹14.07 Cr (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 22% over five years.
The company has about 86 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹62.7 Cr and satisfied charges of ₹35.66 Cr on record. Court records list 21 cases involving the company, including 4 filed by the company and 17 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Panem Industries Private Limited's registered office is in Fatehpur, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 795 Gudhrauli Chaudagra., Fatehpur, Uttar Pradesh, India – 212665
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Panem Industries Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Panem Industries is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Panem Industries Private Limited, buy the company report.
Financials of Panem Industries Private Limited
FY 2024 filings availablePanem Industries Private Limited reported revenue of ₹668.69 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 8% growth in the latest year. EBITDA rose 10% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹14.07 Cr | ||||
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| Net Profit (PAT) | ₹3.93 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Panem Industries Private Limited, buy the company report.
Board of directors of Panem Industries Private Limited
Panem Industries has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishi Katyal Also directs: Panem Castings Private Limited, Bluelotus Securities Private Limited, KBS International Private Limited and 1 more | Director | 23 Jan 2010 | 16 Years 9 Months | Current |
| Siddhartha Katyal | Director | 01 Sep 2025 | 1 Years 1 Months | Current |
| Sharda Nemani Also directs: Panem Castings Private Limited | Director | 26 Mar 2014 | 12 Years 7 Months | Current |
| Vinay Kumar Dubey | Director | 16 Apr 2018 | 8 Years 6 Months | Current |
| Praveen Nemani | Director | 01 Jan 2005 | 21 Years 9 Months | Current |
| Manoj Nemani Also directs: Jai Tripati Steels Private Limited, Panem Castings Private Limited | Director | 25 Jun 2012 | 14 Years 4 Months | Current |
Peer comparison
Panem Industries Private Limited is compared with the 9 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A One Ispat Private Limited | ₹676.51 Cr (FY 2025) | 9.0% | Bangalore, Karnataka, India | |||
| R.S.Infra-Transmission Limited | ₹675.7 Cr (FY 2025) | -4.0% | Jaipur, Rajasthan, India | |||
| Iskcon Strips Private Limited | ₹673.62 Cr (FY 2025) | 9.0% | Raipur, Chhattisgarh, India | |||
| Salasar Iron and Steel Private Limited | ₹670.22 Cr (FY 2025) | 1.0% | Hyderabad, Telangana, India | |||
| Goa Sponge and Power Limited | ₹669.54 Cr (FY 2025) | 4.0% | Delhi, India | |||
| Panem Industries Private Limitedthis company | ₹668.69 Cr (FY 2025) | ₹3.93 Cr | 0.6% | 8.0% | 86 | Fatehpur, Uttar Pradesh, India |
| Raigarh Ispat and Power Private Limited | ₹665.99 Cr (FY 2024) | -8.0% | Raigarh, Chhattisgarh, India | |||
| Bhavya Stainless Private Limited | ₹656.48 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Laxmiroop Private Limited | ₹655.87 Cr (FY 2023) | 90.0% | Raipur, Chhattisgarh, India | |||
| Visa Special Steel Limited | ₹655.82 Cr (FY 2025) | 171.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Panem Industries Private Limited, buy the company report.
Auditor
Panem Industries Private Limited is audited by PRASAD GUPTA J & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASAD GUPTA J & CO | FY 2023 | 000236C |
Shareholding
The shareholding of Panem Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Panem Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2025 | 101186136 | Others | ₹37 Lakh | Open | |
| 04 Oct 2025 | 101178954 | Others | ₹10 Lakh | Open | |
| 30 Jul 2024 | 100958991 | Others | ₹37 Lakh | Open | |
| 30 Apr 2023 | 100719889 | Others | ₹90 Lakh | Open | |
| 23 Mar 2023 | 100709879 | Others | ₹50 Lakh | Open |
To see the full charge records of Panem Industries Private Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
Panem Industries Private Limited has 21 court cases on record: 4 filed by Panem Industries, 17 filed against it. 3 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 17 | 3 |
| High courts | 4 | 0 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Prayagraj, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
| District court, Mathura, Uttar Pradesh | Criminal case | Filed against the company by State Government | Pending |
| District court, Kanpur Nagar, Uttar Pradesh | Court case (Insolvency) | Filed against the company by an individual | Pending |
| District court, Kanpur Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of Up | Disposed |
| District court, Kanpur Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of Up | Disposed |
To see the full case history of Panem Industries Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Panem Industries Private Limited was last rated by Brickwork on 15 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 15 Sep 2020 |
To see the full credit ratings and regulatory alerts of Panem Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Panem Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Panem Industries Private Limited has a workforce of 86 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Panem Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACP8592R1ZD | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Panem Industries Private Limited, buy the company report.
Recent activity
Panem Industries Private Limited has 13 board changes on record since 2005: 6 appointments and 7 cessations. The latest: Siddhartha Katyal was appointed as Director on 01 Sep 2025.
34 earlier events are in the company report.
Frequently asked questions
Panem Industries is an active private limited company based in Fatehpur, Uttar Pradesh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 08 November 1990 (36+ years old) and is registered under CIN U27109UP1990PTC012439.
Panem Industries has 6 current directors:
- Rishi Katyal - Director
- Siddhartha Katyal - Director
- Sharda Nemani - Director
- Vinay Kumar Dubey - Director
- Praveen Nemani - Director
- Manoj Nemani - Director
The latest financial statements of Panem Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Panem Industries is 09AAACP8592R1ZD, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Panem Industries is U27109UP1990PTC012439. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panem Industries has 21 court cases on record: 4 filed by the company and 17 filed against it. 3 are pending. Most are in the district courts.
Panem Industries was incorporated on 08 November 1990, making it 36+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Panem Industries by revenue are A One Ispat Private Limited, R.S.Infra-Transmission Limited, Iskcon Strips Private Limited, Salasar Iron and Steel Private Limited, Goa Sponge and Power Limited and 4 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Siddhartha Katyal was appointed as Director on 01 Sep 2025. Ena Katyal ceased to be Director on 31 May 2024. Vinay Kumar Dubey ceased to be Additional Director on 29 Sep 2018. Panem Industries has 13 board changes on record in total.
The registered office of Panem Industries is at Plot No 795 Gudhrauli Chaudagra., Fatehpur, Uttar Pradesh, India – 212665.
Panem Industries operates in the metals and minerals industry, in the steel manufacturing and processing segment.