MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-OD-07-0002820
Parmeswari Strips Private Limited
Parmeswari Strips Private Limited - metals and minerals in Cuttack, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹223.53 Cr
▼ 3% YoY
Net profit · FY 2025
₹2.08 Cr
Net margin 0.9%
EBITDA · FY 2025
₹7.72 Cr
EBITDA margin 3.5%
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹11.44 Cr
Issued & subscribed
Open charges
₹41.7 Cr
Satisfied ₹90.67 Lakh
Company age
14 yrs
Est. 2012
Employees · EPFO
63
Provident fund records
About Parmeswari Strips Private Limited
Data last updated:
Parmeswari Strips Private Limited is a private limited company based in Cuttack, Odisha, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 16 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U27109OR2012PTC015394. Its GSTIN is 21AAGCP6146B1ZW (Odisha).
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹11.44 Cr. It is led by directors Praveen Kumar Singhi (Managing Director) and Kamala Singhi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at At – Plot No – 346 Kapursingh Po – Oronda Ps – Gurudijhati Athagarh, Cuttack, Odisha, India – 753029.
As per the financials filed for FY 2025, the company reported a revenue of ₹223.53 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹2.08 Cr (net margin 0.9%) and EBITDA of ₹7.72 Cr (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 46% over five years.
The company has about 63 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹41.7 Cr and satisfied charges of ₹90.67 Lakh on record. The company has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹9.82 Cr; the latest was in March 2020. Its 5 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 3 smaller; the largest is Jagdish Ispat Private Limited with revenue of ₹224.12 Cr.
Parmeswari Strips Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-07-0002820). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27109OR2012PTC015394
Registration Number 015394
Incorporation Date 16 May 2012
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-OD-07-0002820
Recognitions & Rankings of Parmeswari Strips
Contact details
Parmeswari Strips Private Limited's registered office is in Cuttack, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAt – Plot No – 346 Kapursingh Po – Oronda Ps – Gurudijhati Athagarh, Cuttack, Odisha, India – 753029
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Parmeswari Strips Private Limited, buy the company report.
Comprehensive company report
Parmeswari Strips Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Parmeswari Strips 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 Parmeswari Strips Private Limited, buy the company report.
Financials of Parmeswari Strips Private Limited
FY 2025 filings availableParmeswari Strips Private Limited reported revenue of ₹223.53 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹223.53 Cr ▼ 3%
Net profit · FY 2025
₹2.08 Cr margin 0.9%
EBITDA · FY 2025
₹7.72 Cr margin 3.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 23%
5 years · compounded
▲ 46%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 16%
5 years · compounded
▲ 47%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 46%. EBITDA fell 8% 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 | ₹7.72 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹2.08 Cr | ||||
| Balance Sheet | |||||
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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 | 3.5% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Parmeswari Strips Private Limited, buy the company report.
Board of directors of Parmeswari Strips Private Limited
Parmeswari Strips has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Kumar Singhi Also directs: Jindalgppipes LLP | Managing Director | 16 May 2012 | 14 Years 5 Months | Current |
| Kamala Singhi Also directs: Jindalgppipes LLP | Director | 16 May 2012 | 14 Years 5 Months | Current |
Peer comparison
Parmeswari Strips Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Jagdish Ispat Private Limited | ₹224.12 Cr (FY 2025) | -1.0% | Raipur, Chhattisgarh, India | |||
| Saeco Strips Private Limited | ₹223.97 Cr (FY 2025) | 10.0% | Ludhiana, Punjab, India | |||
| Parmeswari Strips Private Limitedthis company | ₹223.53 Cr (FY 2025) | ₹2.08 Cr | 0.9% | -3.0% | 63 | Cuttack, Odisha, India |
| Sadashiv Castings Private Ltd | ₹223.35 Cr (FY 2025) | 7.0% | Chandigarh, India | |||
| Rajdhani Iron Products Private Limited | ₹223.11 Cr (FY 2025) | 66.0% | Mandi Gobindgarh, Punjab, India | |||
| Hella Infra Market Metal Private Limited | ₹222.98 Cr (FY 2024) | 2.0% | Thane, Maharashtra, India |
To see the full peer comparison of Parmeswari Strips Private Limited, buy the company report.
Auditor
Parmeswari Strips Private Limited is audited by M P MUNDHRA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M P MUNDHRA & CO | FY 2023 | 326998E |
Shareholding
The shareholding of Parmeswari Strips 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Parmeswari Strips Private Limited, buy the company report.
Charges & borrowings
Open charges
₹41.7 Cr
Satisfied charges
₹90.67 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 May 2013 | 10429609 | Canara Bank | ₹41.7 Cr | Open | |
| 16 Jul 2020 | 100360514 | Canara Bank | ₹90.67 Lakh | Satisfied |
To see the full charge records of Parmeswari Strips Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Parmeswari Strips Private Limited has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹9.82 Cr; the latest was in March 2020.
Total deals
7
Funding rounds
4
Secondary share transfers
3
Disclosed funding
₹9.82 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Funding round | ₹3.18 Cr | Investors: VKT Enterprises, Praveen Kumar Singhi (HUF), 2 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Praveen Kumar Singhi (HUF) |
| Jul 2018 | Funding round | ₹2.23 Cr | Investors: 4 individuals |
| Mar 2016 | Funding round | ₹2.33 Cr | Investors: 4 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Praveen Kumar Singhi (HUF), an individual Seller: Pramod Kumar Singhi (HUF) |
To see the full deal history of Parmeswari Strips Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Parmeswari Strips Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Parmeswari Strips Private Limited was last rated by Brickwork on 19 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 19 Apr 2021 |
To see the full credit ratings and regulatory alerts of Parmeswari Strips Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Parmeswari Strips Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Parmeswari Strips Private Limited has a workforce of 63 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
63
Active EPFO establishments
1
Employee growth
-16%
GST
Parmeswari Strips has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAGCP6146B1ZW | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Parmeswari Strips Private Limited, buy the company report.
Recent activity
Parmeswari Strips Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Praveen Kumar Singhi ceased to be Director on 30 Sep 2019.
AGM
Parmeswari Strips Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Parmeswari Strips Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge with Canara Bank of Rs. 41.70 Cr registered on 14 May 2013 with Charge ID 10429609 was modified on 27 Dec 2023.
Charges
A charge registered on 16 Jul 2020 via Charge ID 100360514 with Canara Bank was fully satisfied on 25 Apr 2022.
Charges
A charge with Canara Bank of Rs. 0.91 Cr registered on 16 Jul 2020 with Charge ID 100360514 was modified on 29 Jun 2021.
Charges
A charge with Canara Bank amounted to Rs. 0.91 Cr with Charge ID 100360514 was registered on 16 Jul 2020.
Ceased
Praveen Kumar Singhi ceased to be Director.
Charges
A charge with Canara Bank amounted to Rs. 41.70 Cr with Charge ID 10429609 was registered on 14 May 2013.
Appointed
Kamala Singhi was appointed as Director.
Appointed
Praveen Kumar Singhi was appointed as Managing Director.
Incorporation
16 May 2012
Parmeswari Strips Private Limited was registered on 16 May 2012 with Roc Cuttack & aged 14 years 5 months as per MCA records.
Frequently asked questions
Parmeswari Strips is an active private limited company based in Cuttack, Odisha, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 16 May 2012 (14+ years old) and is registered under CIN U27109OR2012PTC015394.
Parmeswari Strips has 2 current directors:
- Praveen Kumar Singhi - Managing Director
- Kamala Singhi - Director
The latest financial statements of Parmeswari Strips on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Parmeswari Strips is 21AAGCP6146B1ZW, registered in Odisha.
The CIN (Corporate Identification Number) of Parmeswari Strips is U27109OR2012PTC015394. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parmeswari Strips was incorporated on 16 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Cuttack.
Parmeswari Strips has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹9.82 Cr; the latest was in March 2020.
The peers of Parmeswari Strips by revenue are Jagdish Ispat Private Limited, Saeco Strips Private Limited, Sadashiv Castings Private Ltd, Rajdhani Iron Products Private Limited, Hella Infra Market Metal Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Praveen Kumar Singhi ceased to be Director on 30 Sep 2019. Kamala Singhi was appointed as Director on 16 May 2012. Praveen Kumar Singhi was appointed as Managing Director on 16 May 2012.
Yes, Parmeswari Strips is registered as a medium enterprise under Udyam registration (number: UDYAM-OD-07-0002820).
The registered office of Parmeswari Strips is at At – Plot No – 346 Kapursingh Po – Oronda Ps – Gurudijhati Athagarh, Cuttack, Odisha, India – 753029.