Prakash Iron and Steel Private Limited
About Prakash Iron and Steel Private Limited
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Prakash Iron and Steel Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 17 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U02710CT2005PTC017444. Its GSTIN is 22AACCC9256H2ZP (Chhattisgarh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹48 Lakh. It was formerly known as Abhishek Re-Rolling Works and Steels Private Limited and Chiripal Steels Private Limited. It is led by directors Omprakash Singhania and Govind Lal Singhania.
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 Unit No.6054 Currency Tower Sixth Floor, Vip Road Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.75 Lakh, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹74,296 (net margin 42.6%) and EBITDA of ₹1.04 Lakh (EBITDA margin 59.5%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 76% over five years.
As per MCA filings, the company has satisfied charges of ₹5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Prakash Iron and Steel has undergone 2 name changes throughout its history. The company was previously known as Abhishek Re-Rolling Works And Steels Private Limited, and Chiripal Steels Private Limited. The current legal name is Prakash Iron And Steel Private Limited.
| Company Name | Status |
|---|---|
| Prakash Iron and Steel Private Limited | Current |
| Abhishek Re-Rolling Works And Steels Private Limited | Previous |
| Chiripal Steels Private Limited | Previous |
Contact details
Prakash Iron and Steel Private Limited's registered office is in Raipur, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No.6054 Currency Tower Sixth Floor, Vip Road Raipur, Chhattisgarh, India – 492001
- IndustryMetals and Minerals, Metal Retail & Distribution, Materials Retail & Distribution
To see the full contact details of Prakash Iron and Steel 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
Financials of Prakash Iron and Steel Private Limited
FY 2024 filings availablePrakash Iron and Steel Private Limited reported revenue of ₹1.75 Lakh (down 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 76% over five years, including a 5% fall in the latest year. EBITDA fell 33% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹1.04 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹74,296 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 59.5% | ||||
| Net Profit Margin | 42.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Prakash Iron and Steel Private Limited, buy the company report.
Board of directors of Prakash Iron and Steel Private Limited
Prakash Iron and Steel has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Omprakash Singhania Also directs: Prakash Metallic Private Limited, Shriram Urja Limited | Director | 27 Jan 2010 | 16 Years 9 Months | Current |
| Govind Lal Singhania Also directs: Prakash Metallic Private Limited, Shriram Urja Limited | Director | 27 Jan 2010 | 16 Years 9 Months | Current |
Peer comparison
Prakash Iron and Steel Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution, Metal Retail and Distribution, Steel), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Isc Industrial Services Pvt. Ltd. | ₹1.75 Lakh (FY 2025) | 600.0% | Kolkata, West Bengal, India | |||
| GRG Ispat Pvt Ltd | ₹1.75 Lakh (FY 2024) | 34.0% | Kolkata, West Bengal, India | |||
| Prakash Iron and Steel Private Limitedthis company | ₹1.75 Lakh (FY 2024) | ₹74,296 | 42.6% | -5.0% | Raipur, Chhattisgarh, India | |
| Bhansali Builders & Developers Pvt. Ltd. | ₹1.74 Lakh (FY 2024) | 20.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Prakash Iron and Steel Private Limited, buy the company report.
Auditor
Prakash Iron and Steel Private Limited is audited by LALIT KUMAR JAIN & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LALIT KUMAR JAIN & CO. | FY 2022 | 001489C |
Shareholding
The shareholding of Prakash Iron and Steel Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | 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 Prakash Iron and Steel Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Mar 2010 | 10209460 | Punjab National Bank | ₹5 Cr | Satisfied |
To see the full charge records of Prakash Iron and Steel Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Prakash Iron and Steel Private Limited has 1 court case on record: 1 filed by Prakash Iron and Steel. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (WPT) | Filed by the company against Assistant Commissioner and 1 other | Disposed |
To see the full case history of Prakash Iron and Steel 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prakash Iron and Steel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prakash Iron and Steel has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AACCC9256H2ZP | Chhattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prakash Iron and Steel Private Limited, buy the company report.
Recent activity
Prakash Iron and Steel Private Limited has 9 board changes on record since 2007: 2 appointments and 7 cessations. The latest: Satyanarayan Singhania ceased to be Director on 20 Jul 2010.
2 earlier events are in the company report.
Frequently asked questions
Prakash Iron and Steel is an active private limited company based in Raipur, Chhattisgarh, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 17 March 2005 (21+ years old) and is registered under CIN U02710CT2005PTC017444.
Prakash Iron and Steel has 2 current directors:
- Omprakash Singhania - Director
- Govind Lal Singhania - Director
The latest financial statements of Prakash Iron and Steel 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 Prakash Iron and Steel is 22AACCC9256H2ZP, registered in Chhattisgarh. 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 Prakash Iron and Steel is U02710CT2005PTC017444. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prakash Iron and Steel has 1 court case on record: 1 filed by the company.
Prakash Iron and Steel was incorporated on 17 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Prakash Iron and Steel by revenue are Isc Industrial Services Pvt. Ltd, GRG Ispat Pvt Ltd, Bhansali Builders & Developers Pvt. Ltd, all in the Metals and Minerals industry (Materials Retail and Distribution, Metal Retail and Distribution, Steel), with the same principal business activity (wholesale trading).
Satyanarayan Singhania ceased to be Director on 20 Jul 2010. Ashish Chidipal ceased to be Director on 23 Feb 2010. Sant Kumar Sharma ceased to be Director on 23 Feb 2010. Prakash Iron and Steel has 9 board changes on record in total.
The registered office of Prakash Iron and Steel is at Unit No.6054 Currency Tower Sixth Floor, Vip Road Raipur, Chhattisgarh, India – 492001.
Prakash Iron and Steel operates in the metals and minerals industry, in the metal retail and distribution segment.
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