Prakash Steelage Limited - Company Profile

Q: Who are the current directors of Prakash Steelage Limited?

The current directors of Prakash Steelage Limited are Prakash Chhaganlal Kanugo, Shweta Mundra, Ashok Seth Mafatlal, Hemant Prakash Kanugo, Sundaram Padmanabhan, Sharad Bohra Chandra, Rajesh Kumar Agrawal, Kamal Prakash Kanugo, Sakshi Dinesh Faganiya.

It is a manufacturing public limited company based in Mumbai, Maharashtra, India, established in 1991.

1991 Mumbai, Maharashtra, India Active

Last Updated: December 23, 2025

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About Prakash Steelage Limited

Prakash Steelage Limited, a active public limited company, was established on 09 May 1991 in Mumbai, Maharashtra, India. Engaging in pipe & tubes within the manufacturing sector, it holds CIN: L27106MH1991PLC061595. Registered under ROC Roc Mumbai. it is listed on BSE: 533239 and NSE: PRAKASHSTL. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹17.50 Cr.

Formerly known as Prakash Steelage Private Limited. It upholds a compliant status. Employing 52 professional, Its leadership includes Prakash Chhaganlal Kanugo (Managing Director), Shweta Mundra (Director), Hemant Prakash Kanugo (Whole-Time Director). Past directors included Gautam Chand Jain, Prakash Chhaganlal Kanugo, Neetta Kishor Bokaria. It holds no open charges and ₹538.42 Cr settled loans. Its latest AGM occurred on 27 September 2024, with the balance sheet filed on 31 March 2024. It is based at 101, 1St Floor, Shatrunjay Apartment, 28, Sindhi Lane, Nanubhai Desai Road, Mumbai, Maharashtra, 400004.

Company Details

CIN/LLPIN
L27106MH1991PLC061595
Registration Number
061595
Incorporation Date
09 May 1991
Authorized Capital
₹20.00 Cr
Paid-Up Capital
₹17.50 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 533239, NSE: PRAKASHSTL)
Company Status
Active

Key Metrics

Authorised Capital ₹ 20.00 Cr as on 23-12-2025
Paid Up Capital ₹ 17.50 Cr as on 23-12-2025
Company Age 34 Year, 9 Months
Last Filing with ROC 31 Mar 2024
Satisfied Charges ₹ 538.42 Cr as on 23-12-2025
Revenue Growth **** 12.64% (FY 2023)
Profit Growth **** -97.46% (FY 2023)
Ebitda **** -31.48% (FY 2023)
Net Worth 7.59% (FY 2023)
Total Assets -0.01% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Prakash Steelage Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Prakash Steelage Limited?

Current Directors

Name	Designation	Appointment Date	Status
Prakash Chhaganlal Kanugo	Managing Director	09 May 1991	Current
Shweta Mundra	Director	13 Aug 2024	Current
Hemant Prakash Kanugo	Whole-Time Director	30 Sep 2003	Current
Sundaram Padmanabhan	Director	25 Aug 2023	Current
Ashok Seth Mafatlal	Whole-Time Director	09 Nov 1993	Current
Sharad Bohra Chandra	Director	25 Aug 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	30 Sep 2009	Past
Pramod Abcsdd	Managing Director	30 Sep 2018	Past
Pramod Abcsdd	Director	30 Mar 2020	Past
Pramod Abcsdd	Additional Director	24 Sep 2019	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Additional Director	26 Sep 2024	Past

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Financial Performance of Prakash Steelage.

Prakash Steelage Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.64% increase. The company also saw a substantial fall in profitability, with a 97.46% decrease in profit. The company's net worth moved up by a moderate rise of 7.59%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

12.64%

*******

Revenue from Operations

*******

105.47%

*******

Total Assets

*******

-0.01%

*******

Profit or Loss

*******

-97.46%

*******

Net Worth

*******

7.59%

*******

EBITDA

*******

-31.48%

*******

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What is the Ownership and Shareholding Structure of Prakash Steelage?

In 2022, Prakash Steelage had a promoter holding of 33.09% and a public holding of 66.91%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹5,384,176,000.00

Charges Breakdown by Lending Institutions

Vijaya Bank : 441.35 Cr
Icici Bank Limited : 62.00 Cr
Bank Of Baroda : 29.00 Cr
Union Bank Of India : 4.00 Cr
The Royal Bank Of Scotland N.V. : 2.00 Cr
Others : 0.07 Cr

Latest Charge Details

Date	Lender	Amount	Status
02 Aug 2014	Bank Of Baroda	₹4.00 Cr	Satisfied
06 Jun 2014	Union Bank Of India	₹4.00 Cr	Satisfied
30 May 2014	Vijaya Bank	₹10.00 Cr	Satisfied
08 Mar 2013	Bank Of Baroda	₹25.00 Cr	Satisfied
30 Mar 2012	Vijaya Bank	₹5.00 Cr	Satisfied

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How Many Employees Work at Prakash Steelage?

Prakash Steelage has a workforce of 52 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.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Prakash Steelage, 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 Prakash Steelage'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.

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Latest Updates, News, and FAQs on Prakash Steelage

Recent Activity within the Organization

Director Appointment

Sakshi Dinesh Faganiya was appointed as a Company Secretary was appointed as a Company Secretary on 09 Jun 2025 & has been associated with this company since 8 months 12 days . was recorded as a recent event.
09 Jun 2025
Annual General Meeting

Progress on Prakash Steelage Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records. was documented.
27 Sep 2024
Director Appointment

The activity Shweta Mundra was appointed as a Director was appointed as a Director on 13 Aug 2024 & has been associated with this company since 1 year 6 months . was completed.
13 Aug 2024
Balance Sheet

Prakash Steelage Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.
31 Mar 2024
Director Appointment

Progress on Sundaram Padmanabhan was appointed as a Director was appointed as a Director on 25 Aug 2023 & has been associated with this company since 2 years 5 months . was documented.
25 Aug 2023
Director Appointment

Progress on Sharad Bohra Chandra was appointed as a Director was appointed as a Director on 25 Aug 2023 & has been associated with this company since 2 years 5 months . was documented.
25 Aug 2023

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